Transamerica Culture | Comparably
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Transamerica Claimed Company
Transamerica is one of the world's leading financial services companies, providing insurance, investments and more to 27 million customers. read more
EMPLOYEE
PARTICIPANTS
149
TOTAL
RATINGS
1474

Transamerica Company Culture

Transamerica Culture

This score is derived from employee ratings & reviews
3.0/5
Transamerica's Overall Culture is rated C-

Top Rated Culture Dimensions

Transamerica CEO

Bottom 30%Bottom 30% of Similar Size Companies on Comparably
Mark Mullin Transamerica's CEO
Mark Mullin
62 /100

Diversity at Transamerica

Top 50%Top 50% of Similar Size Companies on Comparably
C+

Diverse employees at Transamerica have rated Environment, Team, and Manager as the highest categories they have scored

Women at Transamerica

Bottom 30%Bottom 30% of Similar Size Companies on Comparably
C-

Women at Transamerica have rated Team, Environment, and Office Culture as the highest categories they have scored

Transamerica eNPS

Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"
Bottom 35%Bottom 35% of Similar Size Companies on Comparably

Recommend to a Friend?

-18

Transamerica employees are -18% more likely to recommend Transamerica as a great place to work

31%Promoters
20%Passives
49%Detractors

Working at Transamerica

Working at Transamerica is rated below average by 149 employees, across various culture dimensions. Transamerica employees rate Office Culture highest among all categories, and think that Outlook and CEO Rating have the most room for improvement, putting Transamerica’s culture in the Bottom 35% compared to similar sized companies on Comparably and in the Bottom 30% compared to other companies in Washington, DC. See below in detail how working at Transamerica was rated by employees.

Overall Company Culture at Transamerica

C-

Overall Company Culture at Transamerica is rated C-

Last updated months ago

Bottom
35%

Transamerica ranks in the Bottom 35% of other companies on Comparably with 10,000+ Employees for Overall Company Culture Score

Overall Company Culture Score by Department

This graph details how each department scores their Overall Company Culture

Results from 149 Employees

View Results
0
20
40
60
80
100
Customer Support
89
Customer Support89
Finance
78
Finance78
Marketing
73
Marketing73
Operations
70
Operations70
Legal
38
Legal38

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.

51%
49%
Positive Reviews51%
Constructive Feedback49%

Positive Reviews From Transamerica Employees

  • What makes you most happy at work?
    Great teammates and work life balance
  • What are some of the best things about your team?
    They are open to listening to all members
  • What do you like best about the leadership team?
    Open about the vision of the company

Constructive Feedback From Transamerica Employees

  • What would you improve about your company's interview process?
    When I interviewed in 10 months ago it was ok
  • What needs to change to make the company culture better?
    Better management and pay we are due
  • 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

Transamerica Company Information

Transamerica Company Overview

Transamerica is one of the world's leading financial services companies, providing insurance, investments and more to 27 million customers.

Transamerica was founded in 1904 and its current CEO is Mark Mullin. Since its inception 122 years ago, Transamerica has grown to 11138 employees.

Transamerica Mission, Vision & Values

Transamerica Mission Statement

TFA’s mission is to enhance the present and future economic well-being of its clients and Representatives. TFA has more than 3,000 Registered Representatives and Investment Advisor Representatives* who offer products and are dedicated to helping people from all walks of life have better tomorrows.

Transamerica Values

  • Committed to You for Life
  • quality
  • commitment
Headquarter100 Light Street
Baltimore, MD 21202
United States of America
Websitetransamerica.com
Founding Date1904
Company StatusPrivate
Social Sites

Transamerica Competitors

Transamerica competitors include True Link Financial, Aflac, Edward Jones, and MetLife. Transamerica ranks 5th in Overall Culture Score on Comparably vs its competitors. See below how Transamerica compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.

  1. #1
    True Link Financial's Logo
    True Link Financial
    4.7/5
  2. #2
    Aflac's Logo
    Aflac
    4.6/5
  3. #3
    Edward Jones' Logo
    Edward Jones
    4.3/5
  4. #4
    MetLife's Logo
    MetLife
    4.2/5
  5. #5
    Transamerica's Logo
    Transamerica
    3.0/5
  • Culture Video

Transamerica Employees

Transamerica has 11138 employees. 149 employees at Transamerica have reviewed Transamerica across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.

Overall, the 149 Transamerica employees give their leadership a grade of C-, or Bottom 35% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.

Employees at Transamerica are generally satisfied with their total compensation at Transamerica, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at Transamerica are generally satisfied with their team. 149 Participants grade the quality of their coworkers a C+. The majority believe the meetings at Transamerica are effective, and the majority look forward to interacting with their coworkers.

The majority of employees at Transamerica believe the environment at Transamerica is positive. Most Participants believe the pace of work at Transamerica is comfortably fast. About 66% of the employees at Transamerica work 8 hours or less, while 4% of them have an extremely long day - longer than twelve hours.

Overall, the employees at Transamerica are not very happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

A Day in the Life
A Day in the Life
Transamerica employees generally work 8.7 hrs a day
Work Hours
A Day in the Life
Employees at Transamerica report the work pace is comfortably fast
Work Pace
A Day in the Life
On a typical day, employees at Transamerica have 3 meetings
Meetings
A Day in the Life
75% of Transamerica employees look forward to interacting with their team every day
Coworkers
A Day in the Life
Transamerica employees most often take 15-20 paid vacation and sick days each year
Perks & Benefits
A Day in the Life
100% of Transamerica employees report they are happy with their work life balance
Work Life Balance
A Day in the Life
Transamerica employees typically get valuable feedback on how to improve at work Once a year
Feedback
A Day in the Life
62% of Transamerica employees call their work environment positive
Environment

Joining Transamerica - Employee Onboarding

The prevailing opinion from employees about joining Transamerica is that the company was unprepared on their first day. Transamerica employees concluded that their overall onboarding experience was positive. 67% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.

Transamerica KPIs and OKRs

At Transamerica 25% of employees think their department KPIs and OKRs are clear. Employees’ understanding of Transamerica's KPIs and OKRs is essential for its success. Out of 9 Transamerica employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 5 have said yes.

AnswerPercent
Yes56%
No44%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes25%
No75%
Are the KPIs/OKRs for your department clear?

Transamerica CEO & Leadership

Transamerica CEO - Mark Mullin

Mark Mullin Transamerica's CEO
62 /100

Mark’s approval rate is lower compared to CEOs at similar sized companies, putting Mark in the Bottom 30% of all CEOs of similar-sized companies on Comparably, and in the Bottom 25% compared to CEOs of all other companies in Washington, DC. Mark Mullin’s employees rank Transamerica in the Top 35% for Office Culture, in the Top 40% for Environment, and in the Top 40% for Professional Development. Mullin is generally unpopular with Transamerica employees, but ranks especially low with employees with the company for 5 to 10 Years, and by employees in the Legal department and employees with 3 to 6 Years experience. However, employees with 1 to 3 Years experience have a slightly more favorable view of the CEO. When compared to Transamerica’s competitors, Mark Mullin ranks below Edward Jones CEO Penny Pennington.

Transamerica Leadership

The Transamerica Executive Team is rated a “C” and led by CEO Mark Mullin, Chief Technology Officer George Vega, and CTO Jeff Freeze

  • Mark Mullin  CEO / President

    Mark Mullin CEO / President

    Mark Mullin serves as the CEO / President of Transamerica.

  • George Vega Chief Technology Officer

    George Vega serves as the Chief Technology Officer of Transamerica. George started at Transamerica in April of 2018.... read more

  • Jeff Freeze CTO

    Jeff Freeze serves as the CTO of Transamerica. Jeff started at Transamerica in July of 2014. Jeff is currently based in... read more

  • Frank Sottosanti Chief Marketing Officer

    Frank Sottosanti serves as the Chief Marketing Officer of Transamerica. Frank started at Transamerica in November of... read more

  • Christine Vorhies Senior Vice President of Operations

    Christine Vorhies serves as the Senior Vice President of Operations of Transamerica. Christine started at Transamerica... read more

  • Matthew Newman Senior Vice President

    Matthew Newman serves as the Senior Vice President of Transamerica. Matthew started at Transamerica in April of 2009.... read more

  • Chris Newberry Regional Vice President

    Chris Newberry serves as the Regional Vice President of Transamerica. Chris started at Transamerica in January of 2019.... read more

  • Dave Rarey Regional Vice President

    Dave Rarey serves as the Regional Vice President of Transamerica. Dave started at Transamerica in June of 2011. Dave... read more

  • Jake Craig VP Director Agent Acquisition & Dev.

    Jake Craig serves as the VP Director Agent Acquisition & Dev. of Transamerica. Jake started at Transamerica in September... read more

Transamerica Salaries

How much does Transamerica pay?

How much do people at Transamerica get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Transamerica is $124,307, or $59 per hour, while the estimated median salary is $117,596, or $56 per hour.

At Transamerica, the highest paid job is a Group Product Manager at $217,467 annually and the lowest is a Business Analyst at $52,000 annually. Average Transamerica salaries by department include: Design at $113,712, Admin at $62,180, IT at $112,925, and Business Development at $116,220. Half of Transamerica salaries are above $117,596.

71 employees at Transamerica rank their Compensation in the Top 50% of similar sized companies in the US (based on 221 ratings) while 69 employees at Transamerica rank their Perks And Benefits in the Top 50% of similar sized companies in the US (based on 75 ratings).

Salaries contributed from Transamerica employees include job titles like Director of Engineering, Director of Product, Business Analyst, and Accountant. Comparably data has a total of 7 salary records from Transamerica employees.

Last updated months ago.

1st Percentile
$74k
$74k1st Percentile
17th Percentile
$95k
$95k17th Percentile
33rd Percentile
$114k
$114k33rd Percentile
50th Percentile
$172k
$172k50th Percentile
67th Percentile
$226k
$226k67th Percentile
83rd Percentile
$269k
$269k83rd Percentile
100th Percentile
$292k
$292k100th Percentile
$124,307*
Average Compensation
$117,596*
Median Compensation

* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.

Transamerica Salaries by City

Transamerica Salaries by Department

Explore Transamerica Salaries

Diversity & Inclusion at Transamerica

Diverse employees at Transamerica score the company 66/100 across various culture categories, placing Transamerica in the Top 50% of companies on Comparably with 10,000+ Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Transamerica across various culture dimensions.

At Transamerica, we understand that the continued success of our business depends on our people and our business relationships. In an increasingly competitive marketplace, we can only succeed when we attract and retain the best people – individuals who come from a variety of backgrounds who will shape our future through innovative thoughts and ideas.,,Our commitment to diversity & inclusion means that we value differences. We encourage the unique perspectives of individuals and are dedicated to creating a respectful and inclusive work environment.

Ranked Culture the Highest

Women 78/100
Department - Finance
Men 73/100
Department - Operations
Diverse Employees 89/100
Department - Customer Support

Ranked Culture the Lowest

Women 38/100
Department - Legal
Men 55/100
Tenure - Less Than 1 Year
Diverse Employees 46/100
Tenure - 5 to 10 Years

Transamerica Perks & Benefits

Health & Wellness

  • Dental Insurance
  • Vision Insurance
  • Health Insurance
  • Life Insurance

Paid Time Off

  • PTO / Vacation Policy
  • Paid Holidays
  • Maternity / Paternity Leave

Financial Benefits

  • 401K / Retirement Plan
  • Tuition Reimbursement
  • Employee Stock Purchase Plan

Office Perks

  • Work From Home Policy
  • Unique Office Space

Transamerica PTO

Transamerica's PTO and Vacation policy typically gives 15-20 days off a year. Paid Time Off is Transamerica's most important benefit besides Healthcare when ranked by employees, with 80% of employees saying it is the most important benefit. Transamerica's benefits and PTO Package averages to represent a $1500 - $2500 cash value per month.

AnswerPercent
Flex Time0%
Vacation Policy80%
Office Meals0%
401k Contribution20%
Childcare0%
Other than healthcare, which of the following benefits is most important to you?
AnswerPercent
Yes0%
No100%
Does your boss expect you to work when you're on vacation?
AnswerPercent
$2500+/mo0%
$1500 - $2500/mo42%
$1000 -$1500/mo0%
$500 -$1000/mo29%
Less than $500/mo29%
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?

Transamerica Careers

Transamerica Jobs

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H1B Visa

In 2019, Transamerica applied for 59 H1B visas. Of the work permits applied for, 58% were approved, 34% certified-withdrawn, 5% withdrawn, and 3% denied.

An in-depth look at ‘Certified-withdrawn’ H1B applications at Transamerica unveil that 3 approved work permit applications were withdrawn before the employee’s start date, and 20 were withdrawn by Transamerica after the employee’s start date.

Work Permit Application Outcome

Transamerica has a total of 11138 employees

59
Total Applied
  • 58% Granted (34 out of 59)
  • 3% Denied (2 out of 59)
  • 5% Withdrawn Application was withdrawn by the employer before approval/rejection (3 out of 59)
  • 34% Certified-Withdrawn Application was approved but later withdrawn by employer (20 out of 59)

This data was calculated using publicly sourced data from OFLC Performance Data

Let Transamerica Know You Want To Work There

Overview of Candidates Interested in Transamerica on Comparably

Candidates By Department

All Industries
59%
Engineering
18%
IT
9%
Finance
9%
Executive
5%

Candidates By Location

Baltimore
36%
Denver
9%
New York City
9%
Washington
9%
Cedar Rapids
5%
Other
32%

Frequently Asked Questions regarding Transamerica

What is Transamerica address?

Transamerica location is at 100 Light Street

Who is the CEO of Transamerica?

Transamerica CEO is Mark Mullin, their score by employees is 62

What is Transamerica eNPS?

The eNPS for Transamerica is -18

What is the salary for Group Product Manager in Transamerica?

Group Product Manager average salary in the US is 217k

What are the salaries in the Customer Support in Transamerica?

The average salaries for Customer Support in Transamerica is 140k

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