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Transamerica

Part of Aegon

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Lost its core knowledge due to layoffs - Anonymous employee Transamerica Employee Review

3.0
4 Nov 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Fair salary, some good people

Cons

Moved work to less competent staff, lost its service oriented operations to cut cost. Health insurance plan is poor. Technically challenged.

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Transamerica Response
8y
We’re glad to hear from you and thank you for taking the time to leave feedback. When we look at the feedback provided on Glassdoor there is one phrase that is continually on display; we have good people. We are very proud of the employees we have and the work they do, so thank you for mentioning them. We heard our employees request for more flexible healthcare coverage, which is why this year we made a change. Rather than a “one size fits all” approach, we have launched a plan that provides multiple layers of coverage with everything from high deductible, low premium options; to low deductible, high premium options. Incorporated with this we have FSA, HSA or a combination of options, and depending on your location, different healthcare providers so we can make sure employees have the most extensive coverage.

Explore other reviews about Transamerica

2.0
5 Jun 2026
Recommend
CEO approval
Business outlook

Pros

great account management team. Great bosses. pension. decent benefits. managers allow flexibility.

Cons

the account managers are the only ones held accountable. other departments don't answer emails for weeks, don't do their jobs and no one in upper management cares. directly effects account managers so you get yelled at by clients and brokers a lot. don't get paid enough to do the job of the account manager and take on the other departments work.

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