Transamerica

www.transamerica.com
Employer Engaged

Transamerica Reviews

Updated February 19, 2015
Updated February 19, 2015
218 Reviews
2.8
218 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Transamerica President and CEO Mark W. Mullin
Mark W. Mullin
55 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.  

    Great experience at Transamerica... Financial Group Division / Transamerica Financial Advisors

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

    I have been working at Transamerica

    Pros

    Mentoring from 7 figure and 6 figure earners. Joe DiPaola is a great leader. Many leaders still working because they are mission based in their lives. Work life balance good due to making own schedule. Will give you an amazing financial and business education. This company values families. TFG division is not captive which allows an agent to pick what is best for the client. Possibility to create RESIDUAL INCOME! Friendly competition. Positive environment. Encourages professional development. The company is growing exponentially!

    Cons

    Like owning any business, there are challenges. Not everyone will make it here. I don't think that is TFG's fault. If you have the will the skill will follow.

    Advice to ManagementAdvice

    Hold courses for agents to understand the intricacies of the finances behind their business/ and being a business owner from the beginning ie, becoming an s-corp, how to set up pass through account, how to handle taxes, payroll, banking, etc.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    The experience was excellent.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Regional Vice President in Dallas, TX
    Current Employee - Regional Vice President in Dallas, TX

    I have been working at Transamerica

    Pros

    This is a very innovative company.

    Cons

    I have no cons to contribute.

    Advice to ManagementAdvice

    none

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Intern experience is what you make it

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - AGT (AEGON Global Technology) Desktop Operations in Cedar Rapids, IA
    Former Intern - AGT (AEGON Global Technology) Desktop Operations in Cedar Rapids, IA

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

    Pros

    Transamerica is good about getting interns together for social events so that you can get to know each other. They pay interns the same as most other companies do and also pay for commuting expenses or your rent.

    Cons

    Felt like there wasn't enough to do (I like to keep busy, so this may not be a con for some). Did not feel challenged.
    I was the only intern in my department so I felt isolated. Others in the intern program worked on group projects all summer but I worked on one tedious assignment for the duration of my employment.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5. 1 person found this helpful  

    Insurance Agent review

    • 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 (more than a year)

    Pros

    Good base pay. Flexible schedule.

    Cons

    Very close-minded. Poor communication. Agents/Managers that have been with the company for years do not like change for the better. Some of management are only there for the paycheck and could careless about being passionate about people. This type of attitude can bring morale down.

    Advice to ManagementAdvice

    Take communications classes.

    Negative Outlook
  6.  

    great company, great culture, good leadership

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

    I worked at Transamerica

    Pros

    great and growing industry; lots of upside

    Cons

    must be self-motivated & always growing

    Recommends
    Positive Outlook
  7.  

    Insurance Regulation

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

    I have been working at Transamerica full-time (more than 10 years)

    Pros

    Excellent place to learn about reserving from life insurance companies

    Cons

    There is little opportunity for advancement.

    Recommends
    Neutral Outlook
  8. 1 person found this helpful  

    It was a great company to work for.

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

    I worked at Transamerica

    Pros

    The company has great benefits and offers flexible scheduling in some areas.

    Cons

    Promotions can be hard to come by.

    Advice to ManagementAdvice

    Recognize your employees and promote more actively. Employees should not have to beg to get a better position of more pay.

    Recommends
    Positive Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    A good place to work if you don't crave excitement.

    • 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 (more than a year)

    Pros

    Nice people, decent work environment.

    Cons

    Too many cooks... This company has so many different divisions and locations, and not enough information is shared, resulting in redundant or competing products and information.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Good place to start

    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Transamerica

    Pros

    Nice atmosphere, Good learning opportunities for freshers

    Cons

    Slow career growth. Confused upper management. Laid back attitude

  11.  

    Great!

    • 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

    Great hours, people and management!

    Cons

    Sometimes you get a lot of mandatory overtime...but its time a half so thats okay!

    Recommends
    Positive Outlook
    Approves of CEO

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