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Transamerica

Part of Aegon

Is this your company?

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
1.0
Oct 4, 2021
Recommend
CEO approval
Business Outlook

Pros

Friendly coworkers. Decent healthcare and $500 HSA company contribution.

Cons

Low pay. Laughable salary increases. Bonus is mostly dependent on company performance which you can never count on. The rest is based on personal performance where they put you up against your colleagues and only grant a small % of employees with highly satisfactory ratings. Benefits do not make up for it either. It takes 4 years to be fully vested in your 3% retirement match. Pretty terrible for a retirement company. Workload is very poorly planned. Sales runs the show and marketing is full of order takers. There are many days on end where there is literally nothing to do but you are still forced to stay online for appearances. Other days the work is rushed so fast and the quality of output suffers. Both scenarios are very unsatisfying and unfulfilling. No sense of ownership whatsoever. Insane turnover has led to desperate hires and unqualified team members, instead of promoting within. No one seems to know what they are doing. Way too many levels of middle management leaves employees too far removed from what's actually going on in the business. Zero culture and cringeworthy awkward silence on meeting calls.

1.0
Oct 25, 2019

Unorganized. Headed the wrong direction!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Could be a good opportunity for the right person that has ZERO expectations!

Cons

Lies by every level of Management. Don’t leave a good paying employment to sign up. You’ll be disappointed!

Viewing 193 - 195 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.