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Transamerica

Part of Aegon

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Transamerica reviews

3.6

64% would recommend to a friend

(1,944 total reviews)

Will Fuller

76% approve of CEO

61% positive business outlook

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
2.0
Mar 24, 2015

high potential, but highly frustrating company

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

job stability, lots of opportunity to try things, move around, and advance

Cons

lots of chaos. lots of politics and agendas. weak structure for decision making, which encourages a culture of very little accountability. your wins and losses will often have very little to do with the merits of your vision or ability to execute.

1.0
Dec 23, 2014

Dishonest, manipulative company

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The pay is alright for individuals without an undergraduate degree.

Cons

The company is dishonest. They assured my entire team that their jobs were permanent full-time positions. Yesterday, two days before Christmas, they fired all but four agents on my team (apparently their executives haven't read their Dickens lately). Those that were allowed to stay were stuck with terrible schedules that they were not contracted to work and left will little certainty of their own fate. They are a truly an awful company to work for.

1.0
Aug 19, 2014
Recommend
CEO approval
Business Outlook

Pros

Transameica Life & Protection is probably a great place to work if you are an agent, actuary, or product marketer.

Cons

Transamerica is a digitally young, immature organization with a politically hostile environment. If you plan on working for this company, be prepared to be a politician. The company lacks commitment to expanding its online presence; digital departments are frighteningly under resourced, and duplicative hiring within divisions runs rampant without any oversight – or caring – from management. Senior leadership has a “vision” for One Transamerica, but refuses to take actions to make this happen. The corporate culture is appalling; you will not have a life outside of work. There IS no work-life balance at Transamerica. Middle management does not care, nor acknowledge, your efforts. Regardless if you – and your team – is putting in 12 or 14 hour days, you’ll get the same acknowledgement as if you worked an eight hour day. The solution, according to company VPs, is reduce scope, which reduces the team’s impact… rather than consolidating redundant resources into a centralized team. With certain managers, favoritism is a HUGE issue, and directly impacts a team’s resourcing, budget, and working hours. Leadership fails to see – or act – on this disgusting business practice. Middle management is process-adverse, and uses “friends” as vendors to outright bypass governance and prioritization procedures. Attrition is at n all time high, while senior leadership continues to be cutthroat in their viewpoints. According to leadership, you are not an employee; rather a disposable resource, in which your replacement is on deck. Rather than putting effort into retaining quality talent, they’d rather spend money on recruitment. There is absolutely ZERO commitment to molding future leaders of tomorrow., or helping struggling leaders become future Directors.

Viewing 130 - 132 of 1,944 Reviews

Glassdoor has 2,232 Transamerica reviews submitted anonymously by Transamerica employees. Read employee reviews and ratings on Glassdoor to decide if Transamerica is right for you.