Transamerica Reviews | Glassdoor

Transamerica Reviews

Updated April 26, 2017
689 reviews

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Full-time Part-time

2.9
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Transamerica President and CEO Mark W. Mullin
Mark W. Mullin
239 Ratings

689 Employee Reviews

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Pros
Cons
  • This breeds a distrust of the upper management (in 21 reviews)

  • Senior management is out of touch (in 12 reviews)

More Pros and Cons

  1. 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.


  2. "Nice people"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Marketing in Los Angeles, CA
    Former Employee - Marketing in Los Angeles, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good people, respectful, pay was ok.

    Cons

    Slow to change, innovation.


  3. "I enjoy working here. The people are nice, benefits are okay, compensation is decent."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Training Support Specialist in Cedar Rapids, IA
    Current Employee - Senior Training Support Specialist in Cedar Rapids, IA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    I like the location, people are nice, benefits are okay, compensation is decent, cafeteria onsite is convenient, banking onsite is convenient

    Cons

    Lots of changes and unsure of job security. No advancement in my current position, future is unsure. Moving locations next year


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


  5. "A lot off time wasted"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Insurance Sales Agent in Fort Lauderdale, FL
    Former Employee - Insurance Sales Agent in Fort Lauderdale, FL
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Base pay plus commission

    Cons

    Micromanage. Consumers lied too, chasing people down to purchase life insurance and collecting money. Don't tell clients they have policy with cash value, or an extended term policy

    Advice to Management

    Stop harrisy your employees to sell, and stop checking on them every 5 minutes


  6. "Good company before becoming Transamerica"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Staff Development Coordinator in Saint Petersburg, FL
    Former Employee - Staff Development Coordinator in Saint Petersburg, FL
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Transamerica full-time (More than 8 years)

    Pros

    Good benefits, nice work building, employee appreciation week, good in-house training

    Cons

    Too much restructuring, management could benefit from additional professional social training, benefits and employee appreciation slowly decreasing as company restructures and merge


  7. Helpful (2)

    "Bad"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Independent Agent in Baltimore, MD
    Former Employee - Independent Agent in Baltimore, MD
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Transamerica (Less than a year)

    Pros

    They provide good training for new reps, they dont take anyone off the streets when you go into the office everyone is in business attire and liscensed.

    Cons

    I got the feeling of a MLM scheme, performance is judged and compensation is determined tremendously upon how much people you can get under you and how many people they can under them selves.

    Advice to Management

    Less on boarding


  8. Helpful (1)

    "Senior Project manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Consultant in Los Angeles, CA
    Former Employee - Sales Consultant in Los Angeles, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Great Colleagues and free food every other friday

    Cons

    Horrible management and no work life balance


  9. "Managment & Marketing Skills"

    Star Star Star Star Star
    Current Employee - Anonymous Employee in Greensboro, NC
    Current Employee - Anonymous Employee in Greensboro, NC
    Recommends
    Positive Outlook

    I have been working at Transamerica part-time (More than 8 years)

    Pros

    Flexible and Meet & Work with others. Income potential unlimited

    Cons

    Getting burn out with the position

    Advice to Management

    Organization, Managing & Marketing Skills


  10. "Actuarial Student"

    Star Star Star Star Star
    Current Employee - Actuarial Student in Cedar Rapids, IA
    Current Employee - Actuarial Student in Cedar Rapids, IA
    Approves of CEO

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

    Pros

    Work life balance, good exam compensation, good salary and benefits, great workout center

    Cons

    Cedar Rapids isn't the busiest city - have to find ways to entertain yourself.


  11. "Business Intelligence Developer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Intelligence Developer in Cedar Rapids, IA
    Former Employee - Business Intelligence Developer in Cedar Rapids, IA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Transamerica (More than 5 years)

    Pros

    The company was open to innovating

    Cons

    The company was still a good ol boys club

    Advice to Management

    Focus on the products that generate the best returns


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