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Transamerica

Part of Aegon

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Dysfunctional company - Various Management Positions Transamerica Employee Review

2.0
29 Jun 2013
Recommend
CEO approval
Business outlook

Pros

Not a lot comes to mind. Pay rate is average or slightly below comparable in the industry. Cedar Rapids is a pleasant town, but not terribly interesting place to live. Pension plan is an excellent perk and main reason I stayed around as long as I did.

Cons

Too many decisions are made with blinders on ignoring glaring issues and long-term consequences. A quick victory and cost savings overrides common sense. Lots of money and resources wasted cleaning up the messes from this short sided thinking. General attitude that drifts down from upper management is you should keep quiet and be happy you have a job as we could outsource your position to CSC in India. Lots of catch phrases are tossed about ad naseum about inclusion and openness, but process improvement ideas that reflect poorly on previous decisions are squashed and almost a guaranteed career killer. This goes doubly if you are newer to organization and resistant to the status-quo mindset. Promotions are largely based on knowing the right person and willingness to compromise your integrity to help advance that persons career/agenda. Consistently pushing talented IT people out the door so more work can outsourced which has in-term has caused even more of top IT talent to walk away.

Explore other reviews about Transamerica

5.0
18 Mar 2026
Recommend
CEO approval
Business outlook

Pros

- PTO - Benefits - Work Environment - Pay

Cons

- Org changes are frequent

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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