Transamerica

  www.transamerica.com
  www.transamerica.com

Transamerica Reviews

Updated December 17, 2014
Updated December 17, 2014
196 Reviews
2.7
196 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Transamerica President and CEO Mark W. Mullin
Mark W. Mullin
48 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

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Lost in transition.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Career Agent in Camp Hill, PA
    Current Employee - Career Agent in Camp Hill, PA

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

    Pros

    Benefits include: Life Insurance, Health Insurance, Long Term Disability, Accident insurance, PENSION, 401(k)

    Flexibility to focus on several markets and encouragement to grow business.

    Guaranteed Introductory pay. Base salary and 600 clients given to new agents.

    Cons

    With the transition from Monumental life insurance company to transamerica premier life insurance company management is using older systems that focus on pushing products rather then providing a service to clients.

    No work life balance.

    Turn over very high.

    Lots of travel.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Good Place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Systems Test Analyst in Cedar Rapids, IA
    Current Employee - Business Systems Test Analyst in Cedar Rapids, IA

    I have been working at Transamerica

    Pros

    Healthy work culture, with good people working around.

    Cons

    Lack of focused management. Most of the projects run beyond the commited timelines.

  3.  

    Great Opportunity,

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Insurance Agent in Allentown, PA
    Current Employee - Insurance Agent in Allentown, PA

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

    Pros

    The management staff is very knowledgeable & helpful. Great benefits

    Cons

    Sales so pay can fluctuate

    Recommends
    Negative Outlook
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    I have enjoyed experience so far.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Internship in Chicago, IL
    Current Employee - Internship in Chicago, IL

    I have been working at Transamerica

    Pros

    Good mentors, good pay, good experience

    Cons

    There are not any cons

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Excellent Company

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

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

    Pros

    Lots of events
    Good benefits
    Nice relaxed culture
    Good Leadership
    Caring

    Cons

    Location
    Training is hard to figure out
    Not much autonomy

    Advice to ManagementAdvice

    More relaxed time-off policies, but that's everwhere!

    Recommends
    Positive Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Processing Specialist

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Processing Specialist in Cedar Rapids, IA
    Former Employee - Processing Specialist in Cedar Rapids, IA

    I worked at Transamerica full-time (more than 3 years)

    Pros

    in house cafeteria was nice
    able to work out during lunch at in house gym
    friendly coworkers

    Cons

    They believe in micromanaging
    They had a high turnover rate
    The raises were insufficient
    A lot of mandatory overtime

    Doesn't Recommend
  8. 1 person found this helpful  

    Working for the Agency

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Life Insurance Representative in Evansville, IN
    Current Employee - Life Insurance Representative in Evansville, IN

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

    Pros

    If you already have a good working knowledge of the life insurance sales industry, this is the company you want to retire from. Transamerica offers excellent benefits, room for advancement and top notch trips.

    Cons

    You will have to be a self motivated person with an entrepenurial spirit.

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    Assistant

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

    I have been working at Transamerica

    Pros

    manage customer information;
    give consultations and recommendations to new and existing clients

    Cons

    good environment
    nice and friendly co-workers

  10. 1 person found this helpful  

    Could be better...

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

    I worked at Transamerica

    Pros

    People you work with are great....they make the difference.

    Cons

    Company you work for...could be better.Hopefully, management will learn to listen to the working folks.

    Advice to ManagementAdvice

    Listen to the people with boots on the ground. Take care of them.

  11.  

    I love my jobs!

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

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

    Pros

    The company really cares for it's employees.

    Cons

    I don't have any cons.

    Recommends
    Positive Outlook
    Approves of CEO

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