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 212 reviews)); "Well care beings and good benefits" ((in 177 reviews)); "Work/life balance was good and looked after by management." ((in 77 reviews)); "Work from home is flexible" ((in 59 reviews)); "Coworkers are friendly and friendships are established." ((in 28 reviews))

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

"Management is poor and not very professional." ((in 107 reviews)); "low pay and the organzation in general is not well organized" ((in 74 reviews)); "No training for management" ((in 48 reviews)); "Lots of layoffs over the last 5" ((in 46 reviews)); "Upper management is clueless and bad at communicating" ((in 38 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

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

Apr 29, 2017

Wasted ten years of my life

Lead customer service representative

Recommend

CEO approval

Business Outlook

Pros

The pay is ok, but sad to think that I spend so much time there to only consider it a pay check. Glad I get to work from home, so I don't have to walk through a "cemetary" every day.

Cons

Where to start? There is no future career here. Any entry level position is expendable, I have seen several good people leave both voluntarily and involuntarily. The upper management doesn't serve anybody: Customers continuously complain about underachieving products. The belt is tightened until it cuts off circularion, yes they push and push their employees until there is no life yet. Anyone that pays attention to their stock will know the ship is sinking.

Transamerica Response

9y

First, let me thank you for everything you do for the company. It sounds like you have been here for some time and experienced a great deal of change. We always appreciate feedback, even if the feedback isn't especially positive. As we have communicated, we're on a path to create a more responsive, efficient organization to better serve our customers and their broad financial needs. Supporting our employees and ensuring that they have the resources and tools they need to be successful continues to be our top priority. At the same time, we want employees to feel appreciated and recognized for their many important contributions. We always welcome suggestions for how we can celebrate the contributions and successes of our employees in new ways. We wish you all the best in your future endeavors .

2.0

Apr 17, 2017

Bad

Independent agent

Recommend

CEO approval

Business Outlook

Pros

They provide good training for new reps, they dont take anyone off the streets when you go into the office everyone is in business attire and liscensed.

Cons

I got the feeling of a MLM scheme, performance is judged and compensation is determined tremendously upon how much people you can get under you and how many people they can under them selves.

1.0

Mar 13, 2017

Poor Communication

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

The people in the Plano office are amazing to work with and become like a family to you.

Cons

The company took many years to become flexible and good at working with multiple locations but now they are wanting everyone to be central and if you are not in the right location you are edged out.

Transamerica Response

9y

We are glad to hear your colleagues are like family to you. We strive to hire only the best. Our efforts to encourage a proper work-life balance is essential and we're happy that the flexible work schedule has been supportive of you and your other obligations. Our Senior Leadership holds regular town hall meetings not to just communicate the direction of a particular area but also the wider business. Through Transcentral (our internet portal), our communities page and regular emails we do try to communicate as much as we can. We appreciate your feedback and wish you much success in your future endeavors.

Viewing 277 - 279 of 1,946 Reviews

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Transamerica reviews

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Reviews by job title

Wasted ten years of my life

Bad

Poor Communication

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