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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
3.0
Feb 6, 2016

Transamerica benefits

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I can't think of any pros at all.

Cons

The maximum match is 3% which is unheard of and low. Also, the website is not user friendly. To give an employee the only option of a HDHP medical plan is ridiculous and goes to show how they cut corners to save money from the medical and retirement aspect of it all. Not happy.

avatar
Transamerica Response
10y
Thank you for your feedback; we continually strive to provide the best total rewards package possible for our employees.
1.0
Jan 22, 2016
Recommend
CEO approval
Business Outlook

Pros

Working with very good people.

Cons

Lack of advancement. Intensive year end review process overseen by people that have no experience in management of leadership. Massive restructuring that is ongoing that include outsourcing, position consolidation and elimination. Purging of overpaid and nonperforming management.

3.0
Jan 3, 2016

Transamerica

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great work life balance; relatively good pay compared to other companies in the area; nice people to work with; still has a pension program with reduced benefits though

Cons

The company is constantly undergoing restructuring resulting in higher turnover of employees and more work to be done for less remained; reduced benefits year after year;

avatar
Transamerica Response
10y
Thank you for your feedback; we're happy to hear you enjoy the people and work-life balance at Transamerica. We continually strive to provide the best total compensation package possible for our employees. We wish you success in your career with Transamerica.
Viewing 163 - 165 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.