Working at Transamerica | Glassdoor

Transamerica Overview

Baltimore, MD
5001 to 10000 employees
Aegon
1904
Subsidiary or Business Segment
Insurance
$10+ billion (USD) per year
Transamerica® is changing the way people think about their financial and overall well-being. Yes, we help people achieve a lifetime of financial security by serving millions of customers across the United States with insurance; pension and retirement plans ... Read more

Mission: Our business is empowering people to feel better about the future. And we’ve been doing that for more than 100 years.

Company Updates

  • Wealth + Health. We believe they are inextricably linked. Transamerica is launching a new ecosystem to embrace, to surround, to inspire YOU. It is your ultimate interactive habit-forming tool. http://glassdoor.com/slink.htm?key=vQFxO

    Wealth Meet Health Ecosystem Introduction

    This brief video introduces you to all four elements of the wealthmeethealth.com ecosystem, including the Knowledge Place, the Community, New Age of Advice and the App. 21581-VECP0417

  • Change can be scary but with that comes growth. Ready for a new opportunity? We are in need of a Sr. Risk Manager. APPLY HERE http://glassdoor.com/slink.htm?key=vQFyr

    Join Our Talent Network

    Click to add a description.

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Transamerica – Why Work For Us?


Define the future of wealth+health with us

When it comes to preparing for the future, there’s no time like the present.

At Transamerica, we’re helping people live better today and worry less tomorrow. To us, it’s more than just business. We’re inspiring customers to improve their financial and personal well-being, so they can add not just years to their lives but life to their years. We couldn’t do it without our dedicated team members, who put heart into their communities and guide customers through some of life’s biggest decisions and challenging times.   

The financial industry and the needs of our customers are changing. To stay at the forefront, we need to reinvent. We’re seeking ambitious people who can bring in fresh ideas and varying perspectives − and help us shake up the status quo. If you’re self-driven and able to see opportunity in change, you can make a real difference within our business and beyond. We’ve built a supportive culture that encourages fitness, giving back, and lifelong learning.  

Healthy Careers Start Here



Its the journey that counts

A proven track record.

Being there for customers in good markets and bad – and putting people first – is in our DNA.

Transamerica’s roots stretch back to 1904, when Amadeo Giannini created the Bank of Italy in a converted San Francisco saloon. His goal was to make financial services available to everyone, not just the wealthy few. And so he did. After the 1906 quake and fire, Giannini set up a makeshift bank on the San Francisco docks, giving residents loans to rebuild, secured with only a handshake.   

Giannini’s business went on to become Transamerica. In 1999, the company began a new chapter when it became part of one of the world's leading international financial organizations: Aegon N.V.    

Though the iconic Transamerica pyramid remains a prominent part of the San Francisco skyline, company headquarters are in Baltimore.   

Today, Transamerica is as committed to helping people as we were 100 years ago. Our passion is empowering people to charge toward the future with a healthy account balance and a healthy heart to match, to do more today to prepare more for tomorrow. 

Learn more at transamerica.com



Take the leap with us

Define the future of wealth + health with us.

Things are looking a little bit different around here. After more than a century in the financial industry, we know there is an inextricable link between wealth and health. After all, what is one without the other? This is the future of financial wellness. Help us define it. 

A career that matters.

Working at Transamerica is more than a job. We’re focused on helping people save, invest, and protect what they’ve earned, so they can enjoy the lifestyle they want. We believe people deserve to be able to retire with grace and dignity, and to sleep easier, knowing that they're ready for whatever comes. In short, it's work that matters. 

As our customers and their expectations evolve, we know all of us need to be nimble and agile to keep Transamerica one step ahead. So you can expect life here to be both challenging and rewarding. 

We believe in balancing work and life, giving employees opportunities to develop talents and abilities, and giving back to the community, with paid time off for volunteer service. Integrity, collaboration, and doing what's right are part of our daily routine.  

Let's build tomorrow together.

Are you ready to be part of something bigger? To use your skills, ideas, and experience to make a difference for people? Then view our jobs page, and submit your resumé online.

Transamerica is proud to be an Equal Opportunity Employer.

Healthy Careers Start Here

Diversity is Strength

Diversity & Inclusion   

Valuing Differences 

At Transamerica, we understand that the success and growth of our business depends on our people and our relationships. In an increasingly competitive marketplace, we can only succeed when we attract and retain the best individuals from a variety of backgrounds who will help shape our future through unique perspectives and experiences.  Our commitment to diversity & inclusion means we value differences. We encourage a vast array of viewpoints, people who encourage the free exchange of ideas in a respectful and inclusive work environment. In addition, we are committed to maintaining a culture where all Tomorrow Makers are given the opportunity to contribute to the future success of our business.   

Employee Resource Groups 

Our diversity and inclusion strategy is designed to support and enrich our culture, encourage employee participation, improve organizational effectiveness, and strengthen understanding of our customers’ values by bringing together different perspectives. We believe the formation of Employee Resource Groups (ERGs) provides a source of strength for Transamerica.     At the foundation of Transamerica’s Diversity and Inclusion Strategy Award is a grassroots effort started by the Diversity Discussion and Study Group (DDSG). The group is credited with cultivating awareness, orchestrating events, and has served as a catalyst and trusted advocate throughout the organization.


Transamerica Reviews

2.9
Star Star Star Star Star
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Recommend to a friend
Approve of CEO
Transamerica President and CEO Mark W. Mullin
Mark W. Mullin
251 Ratings
  • Featured Review

    Helpful (1)

    "Great Opportunity"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Baltimore, MD
    Current Employee - Anonymous Employee in Baltimore, MD
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Great management team. Great product positioning. Tons of upside potential. Great brand. Lots of smart people who work hard for Transamerica's success. Very minimal politics/back stabbing for the size of the company.

    Cons

    The biggest issue (which I think senior management knows) are the lack of quality tools to capture management information quickly and in a way that leads to smart strategies.

    Advice to Management

    Improve i/t tools for better information. Establish a culture where embracing the tools for better long term infrastructure is more important than just getting to the right answer quickly in the short term.

See All 776 Reviews

Transamerica Interviews

Experience

Experience
44%
22%
32%

Getting an Interview

Getting an Interview
53%
13%
11%
7
6
5
0

Difficulty

2.4
Average

Difficulty

Hard
Average
Easy
  1. Helpful (4)  

    Anonymous Interview

    Anonymous Interview Candidate in Los Angeles, CA
    Declined Offer
    Negative Experience
    Difficult Interview

    Application

    I applied through a recruiter. I interviewed at Transamerica (Los Angeles, CA).

    Interview

    Transamerica contacted me first, calling me and saying that they saw my resume online (which I had posted) and that they wanted to interview with me. Being the youngster I am, I excitedly agreed. In hindsight, they were incredibly vague about what the interview was even for, so that should've been a red flag.

    Going into their office, it was nice enough. However, the person who was supposed to interview apparently had a meeting, even though he scheduled my appointment. How unprofessional. But whatever. I had another person "interview" me; however, it was not a traditional interview. It turned out to be just a recruiting pitch to become a part-time insurance agent. I've heard it before: "be your own boss", "make tons of money on the side". Essentially, you get what you make out of it, without guaranteed benefits or pay. The catch is that they ask you to make a $100 background check payment, ... but this industry shouldn't require those in the first place for a FEE.

    They said they offer this insurance and financial consulting pro bono to their clients. At that point, red flags came up. Where do they get their money? I immediately smelled a pyramid scheme, an MLM in regard to where their income originates (from my "background check", not the "insurance" I "sell"). I knew there would be no job security and that they'd constantly try to pile on the fees, their so-called "investment for success". Naturally, I asked them that same question and out came the well-rehearsed monologue: "aren't all businesses pyramid schemes, where your boss has a boss who has a boss...etc". Even a simple Wiki read of MLM will tell you that this is their conditioned, pre-planned response. Yet, he denied even knowing what a pyramid scheme was when I brought it up. Red flag. What professional in the industry DOESN'T know what that is?!

    Anyhow, they asked me to come into a third interview, which I declined. However, these guys don't know how to take "no" for an answer. Transamerica, an MLM, is a scamming pyramid scheme. Don't waste your time here. All they care about is making money just for those few at the top. That's why they outsource their IT jobs to India and terminate their workers ad nauseam. That's why they hire Management from outside, not from within. They say they care about your success, your professional growth. But that's a LIE. You will find that management is just as inadequate in regard to "training"; that's because they don't care about you and only care about the money you make them.

    Interview Questions

    • Would you rather work a 9-5 job or be your own boss? (please...what an obvious bait question to say, "I'm not going to guarantee pay, so you're my slave")   Answer Question
See All 241 Interviews

Transamerica Awards & Accolades

  • Best Places to Work for LGBT Employees, Human Rights Campaign (HRC) Foundation, 2016
  • 100 Best Adoption-Friendly Workplaces, Dave Thomas Foundation for Adoption, 2016
  • Workforce Award for Best Diversity and Inclusion, Corridor Business Journal, 2016
  • Top Places to Work (Midsize Companies), The Denver Post, 2015
  • Outstanding Achievement in Web Development, Web Awards, 2015
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