Is Transamerica a good company to work for?

Transamerica has an overall rating of 3.6 out of 5, based on over 2,234 reviews left anonymously by employees. This rating has increased by 4% over the last 12 months. 64% of employees would recommend working at Transamerica to a friend and 61% 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 improved by 2% over the last 12 months.

How satisfied are employees working at Transamerica?

64% 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 Care Representative (14) , Customer Service Representative (CSR) (14)

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 211 reviews)); "Good benefits and financially stable company" ((in 167 reviews)); "Work/life balance was good and looked after by management." ((in 75 reviews)); "Work from home is flexible" ((in 60 reviews)); "Coworkers are friendly and friendships are established." ((in 31 reviews))

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

"Management is poor and not very professional." ((in 111 reviews)); "low pay and the organzation in general is not well organized" ((in 71 reviews)); "No training for management" ((in 52 reviews)); "Lots of layoffs over the last 5" ((in 50 reviews)); "Upper management is clueless and bad at communicating" ((in 37 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

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Transamerica

Part of Aegon

Transamerica reviews

3.6

64% would recommend to a friend

(1,946 total reviews)

Will Fuller

76% approve of CEO

61% positive business outlook

Ratings by category

3.6

Diversity & inclusion

3.5

Work/Life balance

3.4

Culture & values

3.2

Compensation and benefits

3.2

Career opportunities

3.1

Senior management

Transamerica has an employee rating of 3.6 out of 5 stars, based on 1,946 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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

2K reviews

1.0

Sep 7, 2017

No room to move up

Actuarial

Recommend

CEO approval

Business Outlook

Pros

. work from home allowed . most people are nice

Cons

. hard to grow your career . medical insurance, 401k, PTO just meet the industry standard at the very low end

Transamerica Response

At Transamerica we strive to create a healthy work-life balance. We want employees to partake in the working from home option when it makes sense, so we are happy to hear you are utilizing this. Layoffs have taken place and they are never easy. Restructuring can also create opportunities for advancements. You might consider speaking to your HR Business Partner to discuss next steps in your career. We wish you much success!

2.0

Aug 19, 2017

I've been with company for several years, and things just keep getting a little worse each year.

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

We have some flexibility in hours, and working from home option right now. Team members make it a little easier to go to work everyday

Cons

Poor communication from manager. Layoffs are becoming a common theme. Benefits are getting worse. They seem to continue to allow unqualified people keep their jobs, management and associates alike. Reviews, raises and bonuses are pathetic for the associates but upper management and executives could live off their bonus alone.

Transamerica Response

We are happy to hear you enjoy your team and the colleagues with whom you work. As we continue down a path toward becoming more efficient and Future Fit, changes are bound to take place. Saying good-bye to valued colleagues is never easy. Sometimes workloads may change in order to meet our customer’s needs. We want you to know we appreciate all your hard work and wish continued success with your career.

1.0

Aug 15, 2017

Not a good experience

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Sure, you get to meet new people if you are sociable. There are events to go to and speakers who teach you about things all the time.

Cons

As you know the CEO's/MD's etc. speaking to you will have a lot of money and you will barely learn how to become one of them. They also present the same information to you over and over after a while with their presentations. This company follows a pyramid scheme type business model where you need to continue "pulling" people in under you to sign up (with their own money of course) and then they are able to "work" for the company = pulling in more people under their wings.

Viewing 271 - 273 of 1,946 Reviews

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Jobs at Transamerica

Client Engagement Specialist II (work from home)

Head of Life and Annuities Technology

Sales Desk Consultant - TFA

Private Credit Analyst

Intermediate Business Intelligence Reporting Analyst (Hybrid)