There are newer employer reviews for Transamerica

 

Highly Satisfied!

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Internal Wholesaler in Denver, CO
Current Employee - Internal Wholesaler in Denver, CO

I have been working at Transamerica full-time (less than an year)

Pros

Positive work environment where most coworkers are willing to help work together as a team. Some management is asleep at the wheel but my manager is awesome!

Cons

You need to be willing to put in the daily effort to be successful. If you are not highly motivated to succeed or need constant encouragement from your manager you may become overwhelmed.

Advice to ManagementAdvice

Continue on the path you're following. Being honest with your clients and employees builds strong loyalty.

Positive Outlook
No opinion of CEO

177 Other Employee Reviews for Transamerica (View Most Recent)

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  1. 1 person found this helpful  

    A digitally immature organization with more politics than DC

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Transamerica full-time

    Pros

    Transameica Life & Protection is probably a great place to work if you are an agent, actuary, or product marketer.

    Cons

    Transamerica is a digitally young, immature organization with a politically hostile environment. If you plan on working for this company, be prepared to be a politician. The company lacks commitment to expanding its online presence; digital departments are frighteningly under resourced, and duplicative hiring within divisions runs rampant without any oversight – or caring – from management. Senior leadership has a “vision” for One Transamerica, but refuses to take actions to make this happen.

    The corporate culture is appalling; you will not have a life outside of work. There IS no work-life balance at Transamerica. Middle management does not care, nor acknowledge, your efforts. Regardless if you – and your team – is putting in 12 or 14 hour days, you’ll get the same acknowledgement as if you worked an eight hour day. The solution, according to company VPs, is reduce scope, which reduces the team’s impact… rather than consolidating redundant resources into a centralized team.

    With certain managers, favoritism is a HUGE issue, and directly impacts a team’s resourcing, budget, and working hours. Leadership fails to see – or act – on this disgusting business practice. Middle management is process-adverse, and uses “friends” as vendors to outright bypass governance and prioritization procedures.

    Attrition is at n all time high, while senior leadership continues to be cutthroat in their viewpoints. According to leadership, you are not an employee; rather a disposable resource, in which your replacement is on deck. Rather than putting effort into retaining quality talent, they’d rather spend money on recruitment. There is absolutely ZERO commitment to molding future leaders of tomorrow., or helping struggling leaders become future Directors.

    Advice to ManagementAdvice

    Go back to the War Room and rehash your vision for the company’s digital presence. Obviously, the commitment that once was is no longer present. Audit your middle management and examine the rampant attrition and favoritism.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2. 2 people found this helpful  

    WIN-LOSE

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Underwriter
    Current Employee - Underwriter

    I have been working at Transamerica full-time

    Pros

    Nothing is worth the stress and frustration this company offers.

    Cons

    Unrealistic work loads. No work life balance whatsoever. Train yourself as you go. Management refuses to see survey results for what they are and realize they are the problem. Can't trust management. They take credit for what the employees in the trenches do. Underwriters not only underwrite but have to basically case manage the cases too.

    Advice to ManagementAdvice

    Transamerica, you drain the life out of your employees. This company is successful, not because of you management but because of those beneath you who carry the load and make up for your incompetence. We work 60 hours a week but get shoved more and more work. I have worked my you know what off for you. Your promises are hollow. You take advantage of employees. I quit, Transamerica! But this is your loss, not mine.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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