Is Transamerica a good company to work for?

Transamerica has an overall rating of 3.6 out of 5, based on over 2,231 reviews left anonymously by employees. This rating has increased by 2% over the last 12 months. 63% of employees would recommend working at Transamerica to a friend and 63% have a positive outlook for the business. The best reviews about Transamerica have been left by employees working as Intern , Actuarial Analyst and Sales Associate .

Does Transamerica pay their employees well?

According to anonymously submitted Glassdoor reviews, Transamerica employees rate their compensation and benefits as 3.2 out of 5. Find out more about salaries and benefits at Transamerica. This rating has decreased by 2% over the last 12 months.

How satisfied are employees working at Transamerica?

63% of Transamerica employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Transamerica 3.5 out of 5 for work life balance, 3.4 for culture and values and 3.2 for career opportunities.

What are the top reviewed jobs at Transamerica?

Customer Service Representative (75) , Insurance Agent (44) , Internal Wholesaler (28) , Manager (27) , Account Manager (23) , Insurance Sales Agent (22) , Business Analyst (21) , Financial Advisor (18) , Analyst (17) , Agent (16) , Director (15) , Retirement Plan Specialist (15) , Sales Representative (15) , Customer Service Representative (CSR) (14) , Actuarial Analyst (13)

What are the pros of working at Transamerica according to real employee reviews?

"Great people to work around and brings positivity and hope to those you work with." ((in 203 reviews)); "Good benefits nearly free diabetic supplies and medicine" ((in 168 reviews)); "Work/life balance was good and looked after by management." ((in 71 reviews)); "Work from home is flexible" ((in 58 reviews)); "Coworkers are friendly and friendships are established." ((in 33 reviews))

What are the cons of working at Transamerica according to real employee reviews?

"Management is poor and not very professional." ((in 107 reviews)); "low pay and the organzation in general is not well organized" ((in 83 reviews)); "No training for management" ((in 51 reviews)); "Lots of layoffs over the last 5" ((in 43 reviews)); "Upper management is clueless and bad at communicating" ((in 35 reviews))

What are employees saying about Transamerica layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Transamerica layoffs and their outlook for job security at Transamerica in 2026.

What are the top reviewed Transamerica locations?

Cedar Rapids , Denver , Baltimore , Saint Petersburg , Los Angeles , Plano , New York , Harrison , Dallas , Little Rock , Atlanta , Norwood , Exton , Chicago , Tampa , Charlotte , San Jose , Boston , Saint Louis , Louisville , Saint Paul , Cincinnati , West Chester , Philadelphia , San Diego , Indianapolis , Columbus , Des Moines , Duluth , Madison

Transamerica reviews

3.6

63% would recommend to a friend

(1,944 total reviews)

Will Fuller

75% approve of CEO

63% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (1,944 reviews)

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Transamerica has an employee rating of 3.6 out of 5 stars, based on 1,944 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

1.0

Jul 22, 2017

Compliance Analyst

Compliance analyst

Recommend

CEO approval

Business Outlook

Pros

Pay, working from home, wearing jeans every day, on site gyms, and that's basically about it (and more than I wanted to list to meet the 20 word minimum)

Cons

Mass layoffs which make ZERO sense other than they don't have enough capital to pay all their employees, which then means the remaining employees have bigger work loads for zero increase in pay and lots more stress, managers who don't know what they're doing and don't support their team and don't know how to lead people, people in supervisory roles who aren't qualified to hold them. I moved all my personal policies and retirement funds to other companies as I don't even trust them as a customer.

Transamerica Response

8y

At Transamerica we strive to create a work life balance. Where possible, we want all employees to partake in the working from home option, the on-site gym and wearing jeans daily. Layoffs have happened and are never easy. It is extremely hard to say goodbye to those employees. With becoming “Future Fit” our goal is to do just that. I know there is a lot of stress regarding this topic and encourage you to utilize your Human Resources partner for any additional support you may need. We value your feedback and appreciate all you did here.

1.0

Dec 22, 2016

Transamerica Agency Network / Career Agent - Don't bother with it.

Career agent

Recommend

CEO approval

Business Outlook

Pros

Management willing to go out in the field with you. Weekly training meetings. Kind, cooperative working environment.

Cons

You will be expected to work their current book, for servicing in an area that is more than likely 45 minutes from your own area. You will be expected to physically make their meetings first before your own networked appointments and business submissions. NO teleconferences, NO live Webinars... You will be expected to serve as YOUR OWN CSR for their book, to argue with Transamerica underwriters who will blow your new submitted cases up without reviewing an applicants MIB report. Commission percentages drop through the floor past the basement in the 2nd year....

1.0

Dec 20, 2016

Treatment of employees

Intermediate programmer analyst

Recommend

CEO approval

Business Outlook

Pros

Competitive Salaries, Good people, Nice building

Cons

For the last 4 years they have laid off more that 100 people in the November/December time frame. This is because they have to show their share holders they are saving money. I was in a 6 minute meeting - telling me my position was being eliminated - they would not answer any questions and that further information would come out later that day. They say their employees are their most valuable assets but when they lay people off they treat them like trash.

Viewing 109 - 111 of 1,944 Reviews

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Jobs at Transamerica

Sr Client Onboarding Manager (Mid Market)

Sr Sales Supervision Principal

Portfolio Manager, Funding Strategies (Hybrid - Baltimore or Philly)

Electronic Enrollment Specialist

Lead Life & Annuity Regulatory Analyst - Hybrid

Transamerica

Transamerica reviews

Company ratings over time

Ratings by demographic groups

Reviews by job title

Compliance Analyst

Transamerica Agency Network / Career Agent - Don't bother with it.

Treatment of employees

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Jobs at Transamerica