Transamerica

www.transamerica.com
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Transamerica Reviews in Denver, CO

Updated February 19, 2015
Updated February 19, 2015
18 Reviews
2.3
18 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Transamerica President and CEO Mark W. Mullin
Mark W. Mullin
18 Ratings

Review Highlights

Pros
  • They have very good benefits and a good base pay (in 13 reviews)

  • Decent benefits package - Health Insurance, Life Insurance, Retirement package, 401K (in 7 reviews)


Cons
  • Somewhat hard to stay as full time though (in 5 reviews)

  • Human Resources does not help either and are just protecting senior leadership (in 5 reviews)

More Highlights

18 Employee Reviews Back to all Reviews

Sort: Popular Rating Date
  1.  

    I enjoyed my time there

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Service Representative in Denver, CO
    Former Employee - Customer Service Representative in Denver, CO

    I worked at Transamerica

    Pros

    I had a very good supervisor.

    Cons

    I was tired of being on the phone all the time. Not a lot of advancement opportunities.

    Recommends
    Positive Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Set up for failure

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

    I have been working at Transamerica full-time (more than a year)

    Pros

    120 hours of paid vacation per year and are allowed to carry over up to 120 hours into the next calendar year.

    Cons

    Once you are fast-tracked thru all of the advanced trainings, the job becomes so overwhelming that it's impossible to keep up with all of the required, unreasonable metrics. Minimum quality requirements are way too high for all the information we have to know. After call work requirement is way too low when you are forced to work with a computer that is so slow that you can't get your work done in time. Website sucks. So does all the applications we have to work with on the computer. Improvements to our systems are taking way too long to rectify. Pay is way too low for the cost of living in an expensive city like Denver. Because the internal wholesalers are not quality reviewed they get to treat us however they want without accountability.

    Advice to ManagementAdvice

    Stop forcing people to take all the advanced trainings if they don't feel ready to do so. Nobody's perfect. Hurry up with the improvements to our systems that you've been promising to do for years now. There needs to be quality assurance for the internal wholesalers so they are held accountable for how they treat us.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 5 people found this helpful  

    New Business Dept = Toxic Energy Dump

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intermediate Service Representative - New Business Department in Denver, CO
    Former Employee - Intermediate Service Representative - New Business Department in Denver, CO

    I worked at Transamerica full-time (more than a year)

    Pros

    Management gives out beer to everyone during employee appreciation week, which is once a year.

    Cons

    That's the only week you'll feel somewhat appreciated at this company. If you want to tarnish your job record, Transamerica is a good place to start.

    Advice to ManagementAdvice

    Invest more in your staff instead of just replacing them all the time and take a good look at your current management in the Denver New Business department. Try to actually use the feedback your employees are providing. Finally, employee moral will never be high when an employee's co-workers are getting fired left and right or quitting because they just can't take it anymore.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Good Employer

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

    I worked at Transamerica full-time

    Pros

    Good environment, culture. Company seems open to self betterment

    Cons

    Lots of politics in getting promoted

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    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 a 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
  7.  

    Awesome Company, great environment, fun people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Marketing Intern in Denver, CO
    Former Intern - Marketing Intern in Denver, CO

    I worked at Transamerica as an intern (less than a year)

    Pros

    The environment at the office was great, very casual yet still competitive enough to encourage success. I felt welcome from day one.

    Cons

    Did not always have something to do which made some of the days go by really slowly. Also, the pay was not great, but I was able to look past that as I was only an intern.

  8. 10 people found this helpful  

    Extremely dysfunctional and backwards corporate environment

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

    I have been working at Transamerica full-time (more than 3 years)

    Pros

    For some reason the company seems to be doing well. Provides a steady paycheck and pays the bills. There is some room for growth if you are politically in favor.

    Cons

    The culture sucks. A lot of cronyism and a lot of workplace bullies. Most of management is grossly under qualified which breeds insecurity among all ranks within the company. Management treats employees like 5 year olds. The company is run like a true evil empire. They do not value their employees and the benefits are pretty poor for the industry.

    Advice to ManagementAdvice

    It starts with leadership.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9. 6 people found this helpful  

    The absolute worse place I have ever worked in my lifetime

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

    I worked at Transamerica full-time (more than 5 years)

    Pros

    I don't believe there are any.

    Cons

    Where do I start? Very poor leadership. A mecca of nepotism. If you are not in the "in crowd" forget it. Also, each department is run by a salesperson. Most of the leaders came from the sales desk, which before and after they become a leader the sale desk person is treated awful...and once they get off the desk they forget where they came from. No training for management - so there is a huge liability for the company.

    Advice to ManagementAdvice

    Stop trying to compete with asset managers. All of your leaders just say what you want to hear. Of course this is true - they are all sales people. I actually think it's sad that you have no clue what is going on and how people are threatened and treated so badly. Leaders just will not admit what they don't know..and since they only have sales experience, that's a lot. And of course, with sales people come huge egos - no exception at this place.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10. 2 people found this helpful  

    Unfair quality & production standards that are impossible to meet.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Operations Associate in Denver, CO
    Former Employee - Operations Associate in Denver, CO

    I worked at Transamerica

    Pros

    Good location, decent benefits, some nice coworkers. Customer service week which culminates in going to a baseball game. Fun Xmas party. Frequent potlucks. Occasional company paid lunches.

    Cons

    Company has unrealistic quality & production standards which creates very frequent firing of employees. The employee's hard work, dedication or experience doesn't count. Transamerica wants robots, not people. An employee is unable to feel secure as one's work is judged each month. If I had to do it again knowing what I do now, I never would've taken the job.

    Advice to ManagementAdvice

    Please take a look at the operations department. Constant inexperienced workers are ultimately hurting the company. Also please eliminate the booze cart at the end of each successful quarter. Providing beer isn't the answer to having satisfied employees--perhaps job stability is.

    Doesn't Recommend
    No opinion of CEO
  11.  

    great place to work

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

    I worked at Transamerica

    Pros

    good people
    frequent access to senior management
    managers focus on coaching
    hard work gets rewarded

    Cons

    may have to leave Denver for advancement opportunities
    needs a bigger training department

    Advice to ManagementAdvice

    I hear more positive news - additional training programs and promotions. Keep up the good work of investing in your people.

    Recommends
    No opinion of CEO

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