Transamerica Employee Reviews
Out of 156 Transamerica employee reviews, 51% were positive. The remaining 49% were constructive reviews with the goal of helping Transamerica improve their work culture. The Customer Support team, with 100% positive reviews, reports the best experience at Transamerica compared to all other departments at the company. The Legal team offered the most constructive feedback, with 92% of that department's reviews constructive in nature.
Briefly describe your overall experience at your company
What do you like best about the leadership team?
Open about the vision of the company
The leadership team is excited and engaged in their job and it permeates through the company
They have walked me through the process and made sure that I do not fall behind.
Transparency and fostering inclusive environment.
Very very high energy people, just makes you want to be around them
What does the leadership team need to get better at?
Listening and not lieing as well as keeping word site management is worst also dating an employee under her
explaining their products inside and out. And being honest
Defining a strategy and bottom up initiative development and execution
Stop micromanaging, and stop with the constant change.
Review from Legal Dept
Execution strategy accountability and commitment
What is the best part about your compensation package?
The variable pay compensation is great
Offers Pension and 401k plans
Everyone has a base commission of 35%, you can increase that percentage by building a team and getting promoted to more senior titles, which have contracts with higher base commission
I make very good money
Earning porential is better than other jobs in the same industry
Why do you feel undervalued and what would make you feel better about your compensation?
Benefits are mediocre/poor and base pay is lower than many other companies of similar size in Denver.
I feel lied to and for the compensation, i would feel bad knowing what i know now to even offer anyone your services.
Health insurance is terrible - high deductible and huge co-pays. Bonuses never pay at 100%, even when company is doing great.
Stock price has bottomed out and valueless
Better pay. Way better health insurance
Review from Operations Dept
What are some of the best things about your team?
They are open to listening to all members
My team is collaborative and uplifting
Good lead on nights friendly
Again, very high energy people that actually makes you want to be around them because they want to do good for themselves and for others
Brainstorming and sharing ideas and experiences
What do your coworkers need to improve and how could you work together better?
Educating them more about how your products/services truly work
There is no process for planning work delivery. Everyone throws darts at aboard to figure out what work can get done when.
Less gossip and a supervisor who is effective and capable.
Review from Operations Dept
They need to be more engaged in the affairs of their own team as opposed to those of other teams.
Review from Legal Dept
I have a great bunch of co-workers who are knowledgeable and want to do well. Management works us against each other, rather than up with each other on a team. Management does not show any confidence in their teams and micromanages them until they feel insecure and belittled.
Review from Legal Dept
What is most positive about the culture and environment at your company?
Everyone always attempts to make the best of things and to not be negative but still critical for improvement. They want to see you succeed and improve.
Being recognized and rewarded for my performance
The work environment is inclusive.
Review from Operations Dept
Free brownies once in a while, everyone cares about human values
Review from Operations Dept
There is a work life balance and they promote that.
Review from Customer Support Dept
What needs to change to make the company culture better?
Better management and pay we are due
everyone being in the same page when it comes to knowing the products
Actual goals and a performance management system,. Goals are meaningless at the company.
Enough employees to do the work. Managers that listen to employees.
Review from Legal Dept
Cultural revolution and a culling of old ways
What did you like most about the interview process?
The questions were great and thought provoking
It was a long time ago but i liked meeting with different managers and understanding my job and what is expected
their honesty on how they came across
Met a variety of people.
The interview process was very comfortable for me.
Review from Operations Dept
What would you improve about your company's interview process?
When I interviewed in 10 months ago it was ok
What makes you most happy at work?
Great teammates and work life balance
Working from home makes me happy
The flexibility to do business on my own accord as well as have a team behind me pushing me to do better and be better
Helping someone better inderstand their retirement plans and what is needed to get them to retirement
The people are outstanding and managers are supportive and smart
What's going wrong and how can it be improved?
Transamerica's inforce customer service department is the worst. Agents spend more time smoothing things over with customers than they do in the field.
Review from Finance Dept
There is too much work trying to be put through the funnel and huge turnover. Everyone is burnt out.
Reorganization fatigue has set in and effects morale
Too many changes. Create something and stick with it
Management is rudderless. People are overworked, fearful and competitive. Management needs to focus on behavior rather than appearances.
Review from Legal Dept
What do you like best about your company?
culture, fun environment and motivating co workers
Review from Operations Dept
What would you most like to see improved at your company?
management decisions on equity compensation and other benefits
Review from Operations Dept