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Working at Transamerica Corporation

Zippia Score 4.1

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Transamerica Corporation overview

Industry
Insurance
Revenue
$6.1M
Headquarters
Cedar Rapids, IA
Employees
25,000
Founded In
-
Website
Organization Type
Private
CEO
Will Fuller
Social Media
The Transamerica Corporation is an American holding company for various life insurance companies and investment firms operating primarily in the United States, offering life and supplemental health insurance, investments, and retirement services.
The staff at Transamerica Corporation come from unusually diverse demographic backgrounds. The company is 49.2% female and 39.4% ethnic minorities. Transamerica Corporation employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 54.0% of employees identifying as members of the Democratic Party. Despite their political differences, employees at Transamerica Corporation seem to be happy. The company has great employee retention with staff members usually staying for 5.5 years.The average employee at Transamerica Corporation makes $58,757 per year. In comparison, some of its highest paying competitors, like Pacific Mutual Holding, John Hancock, and American Enterprise Mutual Holding Company, pay $81,788, $68,427, and $66,234, respectively.
Based in Iowa, Transamerica Corporation is an industry leader with 25,000 employees and an annual revenue of $6.0M.

Transamerica Corporation's Mission Statement

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.

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3.5/5

Transamerica Corporation employee reviews

Based on 2 ratings

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Job openings at Transamerica Corporation
72 Positions
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Average salary at Transamerica Corporation
$58,757 yearly
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Transamerica Corporation employee reviews

Transamerica Corporation employee reviews
3.5/5

Based On 2 Ratings

Work At Transamerica Corporation? Share your experience.
Employee Reviews
profile
2.0
A zippia user wrote a review on Oct 2024
Pros of working at Transamerica Corporation

Fellow employees

Cons of working at Transamerica Corporation

Leadership overworks staff, instead of hiring. People are worked incredibly hard with little to no recognition. Work life balance is hard to maintain because there aren’t enough people for the workload.

Transamerica Corporation Benefits

Ability to work remotely

What do you like best about Transamerica Corporation's CEO and the leadership team?

Senior leaders change frequently. We currently have leaders in all leadership roles formerly from Lincoln National. They are attempting to recreate that world here at Transamerica knowing full well they were booted because it failed at National

How would you improve Transamerica Corporation's culture?

Stop overworking and underpaying people. Treat them like they have value and stop pushing so many projects that can’t be supported. Make leadership approachable without retribution.

How did you prepare for the Transamerica Corporation interview?

Learned about the company

How does your compensation at Transamerica Corporation compare to the industry average?

Lower than average in this industry. Financially not well off despite what they say. Employees are paid less in a desperate attempt to keep the ship afloat.

What's the diversity at Transamerica Corporation like?

Doesn’t matter sexuality, color, gender, if you do good work that’s all that matters

What brings you the most joy at Transamerica Corporation?

Fellow employees watch out for each other

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5.0
A zippia user wrote a review on Feb 2021
Pros of working at Transamerica Corporation

everything

Cons of working at Transamerica Corporation

strict time schedule

Transamerica Corporation Benefits

flexibility to work as per the need of the job

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The team at Transamerica Corporation

  • The key people at Transamerica Corporation is Will Fuller.
Key People
Will Fuller

Transamerica Corporation Rankings

Transamerica Corporation is ranked #17 on the Best Insurance Companies to Work For in Iowa list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Transamerica Corporation salaries

The average a Transamerica Corporation salary in the United States is $58,757 per year. Transamerica Corporation employees in the top 10 percent can make over $105,000 per year, while Transamerica Corporation employees at the bottom 10 percent earn less than $32,000 per year.
Average Transamerica Corporation Salary
$58,757
yearly
$28.25 hourly
Updated March 14, 2024

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Transamerica Corporation diversity

9.9
Diversity Score
We calculated Transamerica Corporation’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Transamerica Corporation’s workforce.
Transamerica Corporation diversity summary. Zippia estimates Transamerica Corporation's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Transamerica Corporation's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Transamerica Corporation's workforce.
  • Transamerica Corporation has 25,000 employees.
  • 49% of Transamerica Corporation employees are women, while 51% are men.
  • The most common ethnicity at Transamerica Corporation is White (61%).
  • 16% of Transamerica Corporation employees are Hispanic or Latino.
  • 10% of Transamerica Corporation employees are Black or African American.
  • The average employee at Transamerica Corporation makes $58,757 per year.
  • Transamerica Corporation employees are most likely to be members of the democratic party.
  • Employees at Transamerica Corporation stay with the company for 5.5 years on average.

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Transamerica Corporation Financial Performance

5.2
Performance Score

Highest paying Transamerica Corporation competitors

Compare Transamerica Corporation salaries to competitors, including Pacific Mutual Holding, John Hancock, and American Enterprise Mutual Holding Company. Employees at Pacific Mutual Holding earn the highest average yearly salary of $81,788. The salaries at John Hancock average $68,427 per year, and the salaries at American Enterprise Mutual Holding Company come in at $66,234 per year.

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Updated March 14, 2024

Zippia gives an in-depth look into the details of Transamerica Corporation, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Transamerica Corporation. The employee data is based on information from people who have self-reported their past or current employments at Transamerica Corporation. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Transamerica Corporation. The data presented on this page does not represent the view of Transamerica Corporation and its employees or that of Zippia.

Transamerica Corporation may also be known as or be related to Transamerica Corporation, Transamerica Service Company Inc and Transamerica Service Company Inc.