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 in this challenging environment, Genworth is strategically focused and positioned to provide the stability, confidence and support our policyholders, customers and distributors can rely on now and in the future.
Genworth Financial, Inc. is a publicly traded global financial security company with more than $100 billion in assets and a presence in more than 25 countries. We're recognized in Standard & Poor's 500 Index of Leading U.S. companies and ranked in the Fortune 500.
Working with our distribution partners, we help people at key stages in their life through a wide-array of innovative products and financial services. From protecting and growing retirement income, to creating security through life and long term care insurance, to financial advisory services, to providing a safer, more secure path to homeownership, Genworth will be here to help provide financial security solutions.
We're proud of our worldwide employees who apply their diverse talents and dedication to make a positive difference in people's lives while helping to protect against life's uncertainties. They bring a special knowledge of what's important to help millions of people experience the joys and security of financial freedom. This same level of caring inspires their commitment to enhance the quality of life in the communities in which we live and work through a combination of volunteerism, community partnerships and charitable contributions. That's why we work hard to support our employees by fostering a motivating, challenging and dynamic environment.
Genworth Financial, Inc. is a Fortune 500 company with a global presence in over 25 countries. As a leading financial security company we protect millions of customers by providing retirement, investment and mortgage insurance services that help meet their individual needs. As an employee of Genworth, we promise you the opportunity to make a meaningful difference in the lives of our customers, our communities, and one another. We believe in camaraderie, rewarding work, community involvement and a focus on your well-being.
Being in the business of serving people, it is only right that we do our best to protect and nurture our own; just ask any of Genworth's employees. We understand that employees contribute in a unique way, and that we must support this to help them reach their full potential. By working in a team-oriented enviornment, each employee is more encouraged and better able to perform their best and learn from their peers each and every day. With roots back to 1871, these principals have allowed Genworth and our employees to secure the financial lives, familieis and futures of our customers, communities, and one another.
At Genworth we are committed to helping our employees achieve well-being in many facets of their lives. Whether health, financial, personal or professional well-being, at Genworth there are numerous programs designed to help employees achieve their personal goals. Below are just a few of the many programs provided throughout the United States.
At Genworth, our employees make a difference in people's lives every day. That's why we're committed to making a difference in our employees' lives. One important way we invest in our employees around the world is by providing them with competitive and comprehensive benefits that support their needs at different stages of their lives.
Benefits Package in the United States
Helping our employees achieve their physical, peronal, and financial well-being is key to Genworth's success. That is why we are committed to making a meaningful difference in our employees' lives. We offer a plethora of career development, personal growth, and health and wellness benefits to ensure our staff‘s well-being in and out of the office. Listed below are some of the benefits we provide our employees.
Health and wellness benefits
- Onsite Fitness Facilities or Gym Membership Reimbursement
- Fitness Programs and Classes
- Healthy Pregnancies, Healthy Babies Program
- Flu Shots
- Preventative Programs
- Personal Financial Counseling
- Financial Education: Seminars and Workshops
- Other Financial Resources
- Employee Assistance Program (Confidential Counseling Services)
- Medical Coverage
- Prescription Drug Plan
- Vision Care Plan
- Dental Insurance
- Flexible Spending Accounts (FSAs), including Health, Dependent Care
- Other Wellness Programs
Disability, Life, and Long Term Care Insurance Benefits
- Short and Long Term Disability Insurance
- Basic and Optional Life Insurance
- Accidental Death and Dismemberment Insurance
- Long Term Care Insurance
- Caregiver Support Services Program
Retirement & Savings 401(k) Plan
- Employee directed feature with up to 6% employer matching contributions
- Additional contributions through employer directed feature
- Paid Time Off starting at 20 days per calendar year
- Eleven Paid Holidays: New Years Day, Martin Luther King Jr. Day, President’s Day, Good Friday, Memorial Day, Independence Day, Labor Day, Thanksgiving + Day After, Christmas Eve, and Christmas Day
- Child Care Subsidy
- Adoption Assistance
- Tuition Reimbursement up to $15k per year
- Survivor Support Financial Counseling
- Discount Prices on products such as Dell Computers, movie tickets, etc.
Genworth Month of Service 2013
Genworth celebrated its 5th Global Month of Service in June 2013. 3,000 employees from 25 locations volunteered 12,182 volunteer hours, worked on more than 155 projects, and raised more than $71,900!
At Genworth we strive to make a positive difference in the communities we serve every day. We also encourage our employees to use their time and talents to embrace their hearts and passions in order to better the community.
We understand that working and being a champion for your community can be a lot to handle. That is why at Genworth we have a myriad of programs that allow our employees to make a meaningful difference in their communities. Below are just a few of the many programs we offer:
- Annual Month of Service
- Skills-based volunteering
- Genworth Foundation (grants for nonprofits, supporting seniors, basic needs)
- Employee Giving Program (company match)
- United Way Campaign
- Chairman's Compass Award "Volunteer of the Year"
Genworth Financial Photos
I have been working at Genworth FinancialPros
I think experiences differ a lot depending on what part of the company you are with. I'm at headquarters in Retirement & Protection. Great people, lots of smart, thoughtful coworkers and managers. Just about everyone here works hard, but there's still a good work/life balance.
The work is challenging and meaningful and the benefits are top notch. Salaries are very fair. They also strongly encourage and support further education, taking classes, internally and externally. Most teams are strong and effective and senior leadership has worked hard to advance a good culture in the workplace.Cons
The company seems trapped in a very stressful cycle of ups and downs. In the downs there are layoffs, budget cuts, and it's difficult to get resources. On the ups, they over hire and tend to get bottom and middle heavy. There's too many meetings, more micromanagement than there should be, and they have a very hard time breaking away at all from a conservative attitude. The building is getting to be in poor shape as well.
Probably one of the biggest problems is that it's very hard to break out of your hiring band designation, and for many people there's few opportunities to advance.
Additionally there's often little role clarity and as a result there's clashes and confusion over ownership of projects.Advice to ManagementAdvice
Spend money more carefully - learn from past mistakes and stay lean. Update titles so it's clear what people's roles are, make an org chart and have it easily available. Help find solutions when employees who are top performers are stuck long term with no advancement opportunities. Senior leadership has improved but still needs to communicate better with staff.
Getting an Interview
Getting an Interview
- Application Details
I applied through a recruiter. The process took 6 weeks – interviewed at Genworth Financial.Interview Details
Had 5 rounds of interviews. Phone screen with the recruiting manager, phone interview w/ hiring manager, phone interview w/ director, back-to-back in-person interview w/ 6 different people I'd be working with. Met with directors, developers, project managers, and business users. Very professional and highly skilled individuals. Interview process was seamless, with excellent communication from internal recruiter. Very professional organization with talented individuals & leaders. Entire process took a bit longer than expected, but probably due to holiday season.Interview Questions
Reasons for Declining
- Explain a time you worked w/ a difficult stakeholder. Answer Question
Better offer elsewhere, commute was a bit farDeclined OfferPositive ExperienceAverage Interview
Genworth Financial, Inc. (NYSE: GNW) is a leading Fortune 500® insurance holding company dedicated to helping people secure their financial lives, families and futures. Genworth has leadership positions in offerings that assist consumers in protecting themselves, investing for the future and planning for retirement—including life insurance, long term care insurance, financial...
Mission: We are committed to help families become more financially secure, self-reliant, and prepared for the future.
We share the responsibility to put our promises in action...