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

Mar 13, 2017

Employee

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Many years ago, this used to be a great place to work. There is nothing good or positive about this company.

Cons

It is like living in the movie, "Groundhog Day." Someone joins the company with some "great big idea" that we tried years ago. We implement the idea after spending large sums of money, the idea fails miserably and the company makes no more mention of said "great big company changing idea." We then receive an email that the "big idea guy" is leaving to spend quality time with family and departs with a nice fat severance package. REPEAT. These executives have driven this company into the ground and now they send am email stating we will no longer receive a raise unless you are an exceptional employee that performs amazing feats. I would compare their idea of "amazing" to a doctor performing brain surgery on a high wire; it is impossible and unattainable therefore the chances of an employee receiving a raise is 99.9% improbable. So you're saying there's a chance? Move along folks. Nothing to see here.

Transamerica Response

9y

First, let me thank you for everything you do for the company and the feedback. It sounds like you have been here for some time and experienced a great deal of change. One of the company goals for 2016 is to better recognize our talent. In order to do this we moved to a pay for performance model last year so we that we can appropriately recognize everyone's contribution, and in a consistent way. This did affect the bonus and merit amounts depending on how successful people were in relation to their personal goals throughout the course of the year. This was a big shift from past years. However, as a result of last year's efforts, we recognized over 7000 (almost 93%) of our employees.

1.0

Mar 10, 2017

Senior Software Analyst

Software development engineer

Recommend

CEO approval

Business Outlook

Pros

Decent work life balance. Friendly and relaxed co-workers.

Cons

No upward mobility, infrequent and very low salary increases, anemic bonus. Management shows very little interest in the welfare of their employees.

Transamerica Response

9y

Thank you for your feedback; we're happy to hear you find the people and work environment a positive here at Transamerica. We continually strive to provide a competitive compensation plan. Employees have access to free training opportunities online which can help progress their careers. As you know, we host annual Employee Appreciation days to recognize the contributions of valued employees and to celebrate our shared successes. This past year - as Mark Mullin communicated - we made considerable progress and achieved our key targets. With the support of all, we hope to have an equally successful year in 2017.

2.0

Feb 22, 2017

Senior Software Developer

Senior software developer

Recommend

CEO approval

Business Outlook

Pros

Good benefits Flexible work environment Large company

Cons

Terrible OLD software Lots of wasted money on old talent Complete Reorg company is total chaos

Viewing 280 - 282 of 1,946 Reviews

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