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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 28, 2018
Recommend
CEO approval
Business Outlook

Pros

Ability to W@H. Pension plan and 401k match

Cons

The training is incomplete and could use much revision. Mandatory overtime no matter what time you came in. Low morale and micro managing. The benefits are average at best with Medical below industry standards

avatar
Transamerica Response
8y
Thanks for the feedback. We are one of the few companies that offer a pension plan and we are proud of that. Training throughout your entire career is very important to us. If there are any improvements that you feel are needed, we are always interested in hearing from you looking in our constant efforts to improve. You can try reaching out to your Manager, HR Business Partner or someone from your Talent Development team.
2.0
Feb 9, 2018
Recommend
CEO approval
Business Outlook

Pros

Competitive pay, good life insurance and 401k package. Sr, management is strong and capable.

Cons

Poor remote working arrangements, poor exec leadership, lots of outsourcing, decision by exec leadership causing confusion, no transparency on decisions, poor health insurance. Poor advancement opportunities in recent years.

avatar
Transamerica Response
8y
I wanted to start off by clarifying an important point on outsourcing. We have indeed outsourced the administration of some of our business. This was to provide an immediate impact on our ability to service our customers, while focusing on improving and upgrading our internal systems. We are very pleased that all those who were impacted received offers to join our partner and are excited for the opportunities they are being offered. It was important to us that our people were taken care of. We strongly believe that individuals have the opportunity to create their own career path, and we are here to help through training/development, career pathing. We want to provide our employees with opportunities first– this is why we advertise the majority of our positions internally prior to going public. I appreciate the time you have taken to provide feedback.
1.0
Sep 6, 2017
Recommend
CEO approval
Business Outlook

Pros

Fun group to work with, was never bored

Cons

Benefits, management, direction of company

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Transamerica Response
8y
Here at Transamerica we have a variety of business units and are happy to hear you have interesting issues to work on. Having a fun team can makes the day go by especially fast! We are sorry to hear you do not enjoy the benefits offered at Transamerica. As we continue on a journey to become a lean organization, the direction of the company may shift. We are committed to this process and wish you much success in your future endeavors.
Viewing 142 - 144 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.