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Transamerica

Part of Aegon

Is this your company?

Transamerica reviews

3.6

61% would recommend to a friend

(1,942 total reviews)

Will Fuller

80% approve of CEO

61% positive business outlook

Transamerica has an employee rating of 3.6 out of 5 stars, based on 1,942 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Transamerica employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

2K reviews
2.0
Aug 17, 2014
Recommend
CEO approval
Business Outlook

Pros

* Coworkers and supervisors were, with a few exceptions, highly competent people. People have a sense of humor, and there was almost no drama or negative gossiping. * Some of the tools used are powerful in theory (VDIs, the open MoSes platform), but see the caveats below. * Reasonably competitive pay, very good and reasonably priced cafeteria, gym, nice lake out back.

Cons

* The high level of talent is almost completely consumed with the task of trying to work with and fix a Rube Golberg-esque system comprised of cruft, hacks, ad-hoc standards and naming conventions (which aren't shared with any of the other actuarial departments), kludges, etc. These issues are brought up in meetings but action is never forthcoming. It's an impressive house of cards held together with several metric tons of duct tape, but so great is the talent of the people putting on fresh layers that the people in charge still do not understand how weak the underlying structure is. * Senior level management is straight out of a Dilbert cartoon. I've actually heard them make a Dilbert joke at the beginning of a teleconference meeting, yet the rest of it was still just a stream of opaque buzzword-heavy language. It isn't actively harmful, but it doesn't illuminate anything either. Maybe it becomes more intelligible the longer you worked there, but my supervisors didn't seem to get much out of it. * There are still periodic rumblings of restructuring. Maybe not the safest opportunity if you're thinking about putting down roots. * The technology available is pretty good in theory but horrible in practice. The VDIs are very slow on a good day and unusably slow on a bad day and it's always "AGT has been informed of the issue and is working on a solution". Anyone who is familiar with virtualization software should know there is no reason for such unreliability or sluggishness. * Half-height cubicles are coming even though NO ONE wants them and have repeatedly said so. See "advice to management" for more details

1.0
Feb 6, 2014
Recommend
CEO approval
Business Outlook

Pros

For some reason the company seems to be doing well. Provides a steady paycheck and pays the bills. There is some room for growth if you are politically in favor.

Cons

The culture sucks. A lot of cronyism and a lot of workplace bullies. Most of management is grossly under qualified which breeds insecurity among all ranks within the company. Management treats employees like 5 year olds. The company is run like a true evil empire. They do not value their employees and the benefits are pretty poor for the industry.

1.0
Aug 31, 2014

downward spiral since rebranding to transamerica

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

other than receiving a paycheck there not many pros

Cons

clueless management. Anyone with true knowledge or managerial skill has either left the company or been let go giving bottom of the barrel individuals fancy titles and managerial authority. no opportunity for growth, constant layoffs, constant fear of losing your job. expectations get higher as staff diminishes resulting in extremely low worker morale although internal "surveys" miraculously reflect otherwise. resources necessary to successfully complete your job are not provided. even the basics such as providing heat air conditioning and building upkeep are absolutely terribly managed since downsizing to a cheaper location.

Viewing 7 - 9 of 1,942 Reviews

Glassdoor has 2,229 Transamerica reviews submitted anonymously by Transamerica employees. Read employee reviews and ratings on Glassdoor to decide if Transamerica is right for you.