Transamerica Reviews | Glassdoor

Transamerica Reviews

Updated August 21, 2017
765 reviews

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

765 Employee Reviews

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Pros
Cons
  • Communication in upper management is not that great either in my opinion (in 25 reviews)

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

More Pros and Cons

  1. Featured Review

    Helpful (4)

    "Great Opportunity"

    StarStarStarStarStar
    • 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. "Outbound Communications Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Outbound Communications Specialist in Cedar Rapids, IA
    Former Employee - Outbound Communications Specialist in Cedar Rapids, IA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Transamerica offers a competitive salary, benefits, and opportunity for advancement. This company has locations throughout the country so if someone were looking to relocate this job may offer such opportunities.

    Cons

    Some departments are downsizing and therefore there may be some uncertainty about job security depending on which department a person is in.

    Advice to Management

    Nothing to offer

  3. "Benefits Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Benefits Analyst in Boston, MA
    Current Employee - Benefits Analyst in Boston, MA
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    salary was above industry rates

    Cons

    there was a lack of teamwork

    Advice to Management

    need to be more hands on

    Transamerica Response

    Aug 21, 2017 – Recruting Analyst

    We’re glad to hear you find the salary is competitive within our industry. We are constantly looking at and analyzing market trends, so it’s nice to hear our efforts are paying off. Teamwork is so... More


  4. "Intermediate Accountant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    No opinion of CEO

    I have been working at Transamerica full-time

    Pros

    Wonderful people to work for, good Salary

    Cons

    Worst Benefits and bad Employee retention

    Transamerica Response

    Aug 21, 2017 – Recruting Analyst

    We appreciate the feedback and are happy to hear you enjoy the people you work with! Hiring qualified and “wonderful people” is something we take pride in, here at Transamerica. We are in the... More


  5. "Sales rep"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Great products for families, seniors and businesses

    Cons

    Too long to get underwriting approved

    Advice to Management

    Fix the underwriting department


  6. "Retirement Project Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Transamerica full-time

    Pros

    Good PTO -- 3 weeks to start, another week at 5 years, another week at 15 years.

    Cons

    Management lacks skills to appropriately lead their teams.

    Transamerica Response

    Aug 10, 2017 – Recruting Analyst

    Thank you for your feedback! Generous paid time off is a great benefit offered here at Transamerica. We train our managers to be able to lead their teams as efficient as possible. If you feel... More


  7. "Accountant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Transamerica full-time

    Pros

    reliable management, good work environment

    Cons

    hard work, many hours expected to complete month-end tasks

    Advice to Management

    better work=life balance

    Transamerica Response

    Aug 10, 2017 – Recruting Analyst

    We’re glad to hear you had a positive experience during your time with Transamerica. The work load can sometimes fluctuate which means overtime may be required on occasion. We do this in order to... More

  8. "I've been with company for several years, and things just keep getting a little worse each year."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    We have some flexibility in hours, and working from home option right now. Team members make it a little easier to go to work everyday

    Cons

    Poor communication from manager. Layoffs are becoming a common theme. Benefits are getting worse. They seem to continue to allow unqualified people keep their jobs, management and associates alike. Reviews, raises and bonuses are pathetic for the associates but upper management and executives could live off their bonus alone.

    Advice to Management

    Remember the people that actually do the work and think about how their actions hurt us. Need to look at the workload dumped on people vs the pay they get.


  9. Helpful (3)

    "Lay offs"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Indexing Tech in Cedar Rapids, IA
    Former Employee - Indexing Tech in Cedar Rapids, IA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    The work was interesting and varied and I loved my team mates and the department I worked in.

    Cons

    The workers are numbers, not people, to anyone in upper management.

    Advice to Management

    Keep your work in the United States. I realize that you are in business to make money but stop and think what you did to the people you laid off and their families. I would have stayed with the company till I retired but loyalty is no longer rewarded. The almighty dollar won out again.

    Transamerica Response

    Aug 2, 2017 – Recruting Analyst

    One of the things we are most proud about at Transamerica is hiring good people. We are glad to hear you enjoyed your teammates and the department you worked in. It is no secret that we have had to... More


  10. "Decent job"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Transamerica full-time

    Pros

    Good work place and environment

    Cons

    Nothing negative to say the job was nice

    Transamerica Response

    Aug 10, 2017 – Recruting Analyst

    We appreciate the feedback and are happy to hear you enjoyed working at Transamerica! We take pride in providing a positive work place environment! We wish you great success in your future endeavors.


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