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Transamerica

Part of Aegon

Is this your company?

Volatile work environment - Anonymous employee Transamerica Employee Review

3.0
6 May 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Flexible schedule for those where it's not required due to their job (i.e., customer service); ability to make decisions; my boss was not a micro manager and was very good to work for, but I would not say we had that at the top; good support and teamwork within my group

Cons

changing management; many leaving due to a constantly changing strategic direction of the company; many rounds of layoffs in the past few years and more to come this year and next as they work to reduce expenses even further; hiring many young employees without experience and putting them in positions they are not ready for; lowest employee morale I've seen in my many years there; difficult for people who have been there for years to obtain other positions within the company rather than being laid off due to hiring younger, less experienced, lower salaried people from the outside

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Transamerica Response
9y
As Transamerica continues on its path to develop new ways to interact with and serve the millions of individuals and families who rely on our financial solutions, there will be difficult decisions. Change is never easy and one of the most difficult aspects is saying "goodbye" to valued colleagues. We remain committed to this journey, however, and appreciate your feedback.

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5.0
30 Jun 2026
Recommend
CEO approval
Business outlook

Pros

As a producer, there is unlimited income potential.

Cons

People have to see a need to sit down and talk with you, which can sometimes be discouraging.

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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