Genworth Financial
3.0 of 5 173 reviews
www.genworth.com Richmond, VA 5000+ Employees

Genworth Financial Reviews

Updated Apr 8, 2014
Genworth Financial – Richmond – “Genworth Sign”

All Employees Current Employees Only

3.0 173 reviews

                             

79% Approve of the CEO

Genworth Financial President & CEO Thomas J. McInerney

Thomas J. McInerney

(33 ratings)

50% of employees recommend this company to a friend
53 Employee Reviews Back to all reviews
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Great Place To Work!!

Anonymous Employee (Current Employee)

I have been working at Genworth Financial full-time

ProsGreat management team
Great Work Life Balance

ConsLow training opportunities
Low career advancement opportunities

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Decent experience--great coworkers

Anonymous Employee (Current Employee)

I have been working at Genworth Financial as a contractor

ProsFriendly coworkers, helpful systems and IT maintenance, this company will give you everything you need to get your job done--it's up to you to do it well--but you won't run into a lack of supplies here. Management seems competent.

ConsContracted job currently. Contractors are often left out of corporate events and meetings, which can be awkward when an entire office will leave for a luncheon and you aren't invited.

Advice to Senior ManagementSatifactory

Yes, I would recommend this company to a friend

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  • Disapproves of CEO

 

13 years of dedicated service

Internal Sales Consultant (Former Employee)

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

Prosgood work life balance, good compensation

Consleadership changed and no one knows anyone anymore.

Advice to Senior Managementstep back and look at what is going on and going wrong instead of continuously reorganizing the company

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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Overall positive experience

Anonymous Employee (Former Employee)
Richmond, VA

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

ProsPositive work environment, ethical staff/employees, knowledgeable co-workers, good working environment, gym and wellness center

ConsLittle room for advancement, designations are not generally appreciated which creates an environment that does not help one to grow skills by learning from more experienced staff - such as in process improvement, project management, international business development

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Excellent Growth Opportunity

Web Content Manager (Former Employee)
Richmond, VA

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

ProsGenworth is moving forward by focusing on changing to meet the market. They have a new CEO and he is taking the company in a exciting new direction with an emphasis on web and brining in new business with their new and improved web site.

ConsSome groups in the company are still doing things the way they have been doing them for the last 20 years. Change comes slowly.

Advice to Senior ManagementKeep moving forward and stay focused on your goals. Avoid getting side tracked with current trends and new marketing ideas.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Great people, tough business climate

Anonymous Employee (Current Employee)
Richmond, VA

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

ProsEveryone has great intentions. Good salaries, lots of benefits and focus on employee wellness. New CEO seems to be making a huge difference.

ConsBureaucracy. Declining business.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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1 person found this helpful  

Recovering from a bad period, Genworth is making huge steps to improve the company and working environment.

Operations (Current Employee)
Lynchburg, VA

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

ProsFairly flexible, nice people, most employees have worked there for 5+ years, bankers hours, strong CEO, GREAT career development, room to move up and around, ethical, growing stronger, great company culture, company invests in the well being of their employees.

ConsLower level managers are very week, are not involved with the employees, do not invest in training. Huge quality gap between higher and lower management

Advice to Senior ManagementGet involved with your employees, train lower level managers to be approachable and involved with their employees (or fire them- despite 20+ years of working for you)

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Great IT Internship

IT Intern (Former Employee)

I worked at Genworth Financial as an intern for less than a year

ProsEveryone tries to help you succeed
Very open culture
Spoils the interns
Respects the interns

ConsSome of the technologies being used is a little old, but that's not really an issue since most things are becoming more upgraded.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Good Internship

Anonymous Employee (Former Employee)

I worked at Genworth Financial

ProsMany activities for interns if you take the advantage. Also, there are IT, Actuarial and Finance interns so you will meet a lot of people and will have a fun summer.

ConsThe work depends on the area you are assigned to. You might end up having a lot of work while other people might be doing nothing for half the day and you will both be paid the same. The program doesn't recognize people who work hard and those who don't so it just depends how lucky you get with project assignments.

Advice to Senior ManagementIf the company is going through layoffs, why pay interns for the summer to do nothing for half the day. If you are going to have interns, make sure they have things to work on.

Yes, I would recommend this company to a friend

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Derivatives at Genworth

Derivatives Analyst (Current Employee)
Richmond, VA

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

ProsGood working enviornment at the Richmond campus.

ConsUnsure direction of the overall corporation

Advice to Senior ManagementManagement should do a better job to embrace contract employees.

Yes, I would recommend this company to a friend

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Genworth Financial – Why Work for Us?

The Genworth story Since writing our first policy in 1871 as The Life Insurance Company of Virginia, we've been committed to helping people effectively protect and achieve the comfort of financial security. Today, even… Full Overview

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Glassdoor is your free inside look at Genworth Financial reviews and ratings — including employee satisfaction and approval rating for Genworth Financial CEO Thomas J. McInerney. All 53 reviews posted anonymously by Genworth Financial employees.