Genworth Financial

  www.genworth.com
  www.genworth.com

Genworth Financial Reviews

Updated 19 November 2014
Updated 19 November 2014
232 Reviews
3.3
232 Reviews
Rating Trends

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

Review Highlights

Pros
  • Additionally, the work-life balance is pretty good with 8 (in 17 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)

  • It may be difficult to move new ideas through upper management (in 8 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Engaged team, rewarding work with opportunities to grow and develop.

    • 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 (more than 8 years)

    Pros

    Lots of opportunities to challenge yourself and add value to the organization. Enjoy the people as well as how involved we are in the community.

    Cons

    Challenging business performance due to complexity of the industry.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    A highly focussed single line of business insurer

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Genworth Financial

    Pros

    International blue chip company, that gives credibility to an employees CV. The focus on granularity allows a better understanding of financial layering and detail. This gives a greater appreciation of how to avoid risk, improve analytic processes and maximise investment.

    Cons

    The nature of the company since the GFC has made it difficult for employees to make effective change. The financial climate in the US dictates international policy and in turn poorly defined audit processes were put in place as a facade of 'fiscal security'.
    Time would see these processes mature and soothe the working environment

    Advice to ManagementAdvice

    Macro management changes at the 'C' level tends to undermine staff and their previous efforts to support the company through difficult times. Any change at CEO level is going to have serious issues and in a company that needs stability, those issues should be avoided where possible.

  3.  

    Not too bad for an insurance company

    • 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

    Pros

    Smart, bright people work there... most are friendly and helpful
    Reasonable benefits and compensation
    Focus on volunteerism is decent

    Cons

    Still a lot of political maneuvering
    Slow to make the necessary changes at senior levels... too quick and not enough care to retain at middle management
    Starting to view everyone other than senior managers as 'replaceable'

    Advice to ManagementAdvice

    Value your middle management level more... especially those who are doing the best for their people and the business

    Recommends
    Neutral Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 1 person found this helpful  

    Survey Coordinator

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Survey Coordinator in Waltham, MA (US)
    Former Employee - Survey Coordinator in Waltham, MA (US)

    I worked at Genworth Financial full-time (less than an year)

    Pros

    Great work environment, personal growth

    Cons

    Short term project, project time limit

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Amazing Place To Work!

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

    I have been working at Genworth Financial full-time (more than 5 years)

    Pros

    This is a fun place to work. Outstanding community service opportunities. Good camaraderie. Strong leadership team. Products actually help people. Initiative is rewarded.

    Cons

    Business lines and HQ could work together more effectively. Communications within business units do not always make their way to HQ and we should think of Genworth as one team - we are not that big. Current performance management system drives competition between employees - an old school approach.

    Advice to ManagementAdvice

    Communicate what you can when you can. CEO is outstanding but if there was one development opportunity the CEO needs to be in front of the employees more frequently. Suggest monthly town halls. Continue renewed focus on diversity.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    easy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Casual Office Monkey in Sydney (Australia)
    Former Employee - Casual Office Monkey in Sydney (Australia)

    I worked at Genworth Financial part-time (less than an year)

    Pros

    no pressure, easy work environment, not complicated. My role was very basic. he best part was i wasnt forced into working undue hours like some other similar companies

    Cons

    culture was a bit childish. Lots of weird schools style assemblies, awards ceremonies and bad motivational speeches. If you like fake high school spirit then you would like this place.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    Great place to work...opportunities to grow and advance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Solutions Project Manager in Richmond, VA (US)
    Former Employee - IT Solutions Project Manager in Richmond, VA (US)

    I worked at Genworth Financial full-time (more than 8 years)

    Pros

    Great pay and benefits
    Work-life balance
    Opportunities to serve the community
    Leadership development opportunities

    Cons

    HQ vs. BU leadership tension often clouds strategic direction and prioritization

    Recommends
    Approves of CEO
  9.  

    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 (less than an 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
  10.  

    Horrible Company

    • 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 (more than 8 years)

    Pros

    Performance driven organization with huge interest to grow. Fair compensation and benefit packages. Focused and fairly good in executing.

    Cons

    Zero Human Culture. Worst HR Department I have ever seen. No long term strategy. No Career Growth nor Progression with lots of politics and little productivity. Not a fair environment. I am looking for a job as I type. I want to leave.

    Advice to ManagementAdvice

    People make organizations.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    Okay to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Systems Architect in Raleigh, NC (US)
    Current Employee - Systems Architect in Raleigh, NC (US)

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

    Pros

    Bonus and decent incentives to work

    Cons

    Leadership lacks vision to be the industry leader

    Doesn't Recommend
    Positive Outlook
    Approves of CEO

Genworth Financial Photos

Work at Genworth Financial? Share Your Experiences

Genworth Financial

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.