Genworth Financial

  www.genworth.com
  www.genworth.com
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Genworth Financial Reviews

Updated 25 September, 2014
Updated 25 September, 2014
223 Reviews
3.3
223 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Genworth Financial President & CEO Thomas J. McInerney
Thomas J. McInerney
47 Ratings

Review Highlights

Pros
  • Genworth takes seriously the work life balance and community involvement (in 16 reviews)

  • Great benefits, generally good people to work with (in 15 reviews)


Cons
  • There is no work-life balance - a throwback from the GE mantra (in 10 reviews)

  • Upper management decisions on weathering economic downturn resulted in layoff-rehire-layoff strategy (in 8 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Challenging environment with a very strong focus on the financials

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Genworth Financial full-time for more than 10 years

    Pros

    Bright people
    Challenging leadership - bright and analytical

    Cons

    The US locations are not necessarily hotspots

    Advice to ManagementAdvice

    Grow grow grow

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern  in  Richmond, VA (US)
    Current Employee - Intern in Richmond, VA (US)

    I have been working at Genworth Financial as an intern for less than a year

    Pros

    The work culture is great. Everyone in the office is very personable. The perks as an intern are a lot of fun and everyone gets jealous, which is pretty cool. You certainly are given an extensive overview of the Insurance world.

    Cons

    Not 100% busy all of the time. The growth through the company seems to take a few years to progress.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Great place to work, conservative work culture and not cutting edge though

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Human Resources  in  Richmond, VA (US)
    Current Employee - Human Resources in Richmond, VA (US)

    I have been working at Genworth Financial full-time for more than 8 years

    Pros

    Standard pay and benefits
    Team culture
    Volunteer activtities

    Cons

    Takes 5 committees to approve a decision
    Overly Conservative
    Top management takes good care of top management - could place greater time and focus on lower levels

    Advice to ManagementAdvice

    Takes 5 committees to approve a decision
    Overly Conservative
    Top management takes good care of top management - could place greater time and focus on lower levels

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    Making a come back

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Genworth Financial full-time for more than 10 years

    Pros

    Great benefits, if you are willing to learn they provide the opportunities, constantly striving to change for the better and balance business needs with customer needs.

    Cons

    Some favoritism still exists amongst employees and not all managers are on the same page yet about doing what's best for the customer.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Could be a lot better,

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service Representative  in  Lynchburg, VA (US)
    Current Employee - Customer Service Representative in Lynchburg, VA (US)

    I have been working at Genworth Financial full-time for more than 3 years

    Pros

    None decent benefits lunch friends

    Cons

    Favoritism is rapid no real growth

    Advice to ManagementAdvice

    Get ur head out of ur butt

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  7.  

    Such a long process for sending the job offer letter

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Genworth Financial full-time for less than a year

    Pros

    Good compensation benefits and nice people to work with

    Cons

    Very bureaucratic, lengthy administration processes

  8.  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Richmond, VA (US)
    Current Employee - Anonymous Employee in Richmond, VA (US)

    I have been working at Genworth Financial full-time for more than a year

    Pros

    Genworth has a great team culture. I have had the opportunity to go on team lunches, volunteer all over the community, and events like BBQs. I've enjoyed the development opportunities through classroom work but also through non traditional measures and tuition reimbursement.

    Cons

    Communication across departments especially due to the distance between teams at times

    Advice to ManagementAdvice

    Follow in the footsteps of our CEO and make yourself visible and available to employees

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Overall positive..cares about employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Underwriter
    Current Employee - Underwriter

    I have been working at Genworth Financial full-time for more than 10 years

    Pros

    Great flexibility, wonderful values, respect for work-life balance, great positive can do attitude is fostered.

    Cons

    Lack of skilled trained management at mid level. Personal growth is challenging unless you spend a lot of time in the home in the Raleigh office. Training Dept doesn't understand the functions well enough to offer well designed training. "Problem" employees are tolerated rather than dealt with...morale is impacted.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Recent Genworth new-hire

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Lynchburg, VA (US)
    Current Employee - Anonymous Employee in Lynchburg, VA (US)

    I have been working at Genworth Financial full-time for less than a year

    Pros

    Genworth offers an excellent on-boarding process, competitive market salary, competive benefits package, and an excellent time-off package. The recuritment process was well managed and executed. Corporate value is Integrity Fisrt at all levels, and this is seen in action... not just a slogan on a poster. Corporate culture places emphasis on inclusion, diversity, volunteerism, and opportunity for advancement.

    Cons

    Adequate parking is provided for the Lynchburg facility, although you should be willing to walk a couple blocks to work each day from the available garages.

    Advice to ManagementAdvice

    Offering Floating holidays to accommodate other non-Christian religious observances would be a nice option to support diversity. These floating holidays could be used as desired for Christmas, Easter/Good Friday, Kwanzaa, Passover, Hanukkah, etc... according to individual employee religious preferences.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    A Breath of Fresh Air

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Benefit Analyst  in  Richmond, VA (US)
    Current Employee - Senior Benefit Analyst in Richmond, VA (US)

    I have been working at Genworth Financial full-time for more than a year

    Pros

    Genworth is dedicated to providing a diverse and inclusive workplace. At Genworth, my hard work and enthusiasm is recognized and my opportunities for growth are endless. My leaders are there to assist in navigating my career and are enthusiastic about my personal and professional growth.

    Cons

    If I could change anything about Genworth, it would be that current employees be able to compete for intern positions if they have the desire to change fields.

    Advice to ManagementAdvice

    My advice to management is to continue to be invested in your employees and their development. Assisting others in their growth is what will continue to make us all successful.

    Recommends
    Positive Outlook
    Approves of CEO

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