Genworth Financial Reviews

Updated June 7, 2015
33 reviews filtered by
  • Any Location
  • Any Job Title
  • Any Status
Employment Status

Reset
1.0
Rating Trends
Recommend to a friend
Approve of CEO
Genworth Financial President & CEO Thomas J. McInerney
Thomas J. McInerney
7 Ratings

Pros
  • Genworth takes seriously the work life balance and community involvement (in 17 reviews)

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

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

  • Promotions are based on who you know not what you know (in 4 reviews)

More Pros and Cons

33 Employee Reviews

Sort: Popular Rating Date
  1. Poor Management

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in Katy, TX
    Former Employee - Director in Katy, TX

    I worked at Genworth Financial (More than a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    None, nada, bupkis, jack squat

    Cons

    Literally everything. The company is managed by people who have long past their primes and their number one goal is to keep their jobs. All new, forward thinking people are run off. Jeff Immelt was a GEnius to spin the components that made up Genworth off in 2003.

    Advice to Management

    Resign


  2. No work life balance

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

    I worked at Genworth Financial

    Pros

    Benefits are great and free food

    Cons

    No work life balance. Overly worked and pay isn't great.


  3. Not Good

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Genworth Financial

    Pros

    There aren't many that I can think of from working here.

    Cons

    The office culture is bad. They lay off everyone. Do not work here ever.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. “You'll regret taking this "opportunity"!! " At the CareScout Waltham location

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Business Analyst in Waltham, MA
    Current Employee - Operations Business Analyst in Waltham, MA

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Non-management employees are mostly friendly.

    Cons

    Management is extremely bias and shows obvious favoritism
    Promotions are based on favoritism and upper management is doesn't care who knows
    Talent is ignored and unappreciated
    Pay is horrible.
    College degrees are expected but pay is that of someone who dropped out of high school
    Completely unorganized and set on the "CareScout way" which are totally incorrect and not to mention illegal!
    Over worked and understaffed to say the least
    Complaining and standing up for yourself will only make things worse

    Advice to Management

    Upper management - hire middle management and employees with experience not just because they hang out with you after work-- that does not make a good management team


  6. No concern for employees here

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

    I have been working at Genworth Financial full-time

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

    Pros

    Benefits, salaries and bonuses given.

    Cons

    If you have no life & desire no life & want to work 50+ hours every week & weekends as needed then this is the company for you. Micromanaged to death, a lot of inexperienced managers. Limited upward mobility. Prepare to plan your vacation a year in advance.

    Advice to Management

    Address the cons noted. Start caring about your employees.


  7. Helpful (1)

    The ultimate shark tank

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

    I worked at Genworth Financial full-time (More than 10 years)

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

    Pros

    Competitive pay and personal time allowed (at least on paper but don't expect to actually get the time).

    Cons

    Competency is not rewarded. Don't expect to advance based on performance. You need to get in with the right people. Also you need to "drink the cool aid" and never express opinions that contradict those of the senior staff. In other words, you need to be a "yes man" to have any chance of advancing in this environment.

    Advice to Management

    Find a better way of recognizing talent and developing approaches to retain and advance them. Also realize that good ideas can come from many sources, not just from senior staff.


  8. Frustrating

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

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Smart people at the mid-level, completely frustrated by non-direction at the top.

    Cons

    Approval for ANYTHING is a nightmarish path of frustration, resistance, lack of knowledge, and ignorance. The whole senior management is suffering from some kind of PTSD that prevents action.

    Advice to Management

    Trust your people, delegate responsibility. Let go - you don't need to approve everything. Try new stuff, if it doesn't work out, then kill it ... rather than analyzing every proposal to death until you miss the opportunity due to slow decision-making.


  9. Helpful (1)

    New CEO may change the culture of the company to a flat org

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Operations Manager in Richmond, VA
    Current Employee - IT Operations Manager in Richmond, VA

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

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    New CEO Tom is very dynamic and I believe he can influence to change the culture of Managing up

    Cons

    You get promoted by "who knows who " in IT

    Advice to Management

    Don not give a free hand to Managers..have a check so that employees being harassed have a voice


  10. Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operations Manager in Richmond, VA
    Former Employee - Operations Manager in Richmond, VA

    I worked at Genworth Financial full-time (More than 5 years)

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

    Pros

    Nice campus with an on-site cafeteria.

    Cons

    There is a toxic corporate culture and although minorities are hired, they are not welcomed and therefore not retained.

    Advice to Management

    Clean house and bring in consultants to help change the culture. Middle and upper management do not even speak to the front-line staff.


  11. Helpful (1)

    The most dishonest, valueless, unprofessional, nightmare people Two people committed suicide in the year I worked there.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Long Term Care Insurance Specialist
    Former Employee - Long Term Care Insurance Specialist

    I worked at Genworth Financial full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Some of the other suckers who were 'hired' with blatant lies were decent people.

    Cons

    Bait and switch. Hire you to sell long term care and make a LOT of highly appealing PROMiSES regarding salary, leads. The leads have been called 50x and then the new agents who have made an enormous commitment get desperate and are pushed to 'sell to family and friends. Highly immoral people. Hired by a friends friend who would kill her motherfor a nickel. They work you to the bone, they do NOT care LESS about anything other than money

    Advice to Management

    Have even a shred of character or values, learn how to MANAGE, tell the TRUTH, do NOT USE people so completely and grow up. Disgusting level. I was an Executive at age 26 and in 40 years of work have never seen a work environment close to this low brow. For shame.



Showing 33 of 284 reviews
Reset Filters
RSS Feed </> Embed

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