215 Employee Reviews (View Most Recent)

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

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

Pros

Some really great people to work with as long as you don't go too far up the totem pole. Former CEO MDF is now history which was one of the main liabilities of the company. I hear the new CEO is pretty good but he'll need to replace most of the people that are reporting to him.

Cons

Unfortunately, for some bizarre reason most of the former CEOs direct reports are still employed. However, I'm hearing that their days are numbered. If you're an IT professional avoid this place like the plague. IT is way under funded and the demands on the individual are unrealistic. If you're a low level pion, expect opportunity for advancement to come in the form of a title with no salary increase or budget to do your job. If you're mid-management expect to be reorganized every six months sprinkled with layoffs in between. Unfortunately, HR ran the last layoff without the input of the managers and the company shed a lot of great people and kept a bunch of deadbeats so HR could meet their quotas and "appear" fair.

If you're desperate enough to work there ask for extra vacation time and a signing bonus. They do this all the time but you have to ask. If you have a high demand skill like an underwriter or an IT professional ask for a one or two year contract. That way, when you get laid off, you'll have something to fall back on. They do this all the time but won't admit to it.

Advice to ManagementAdvice

Fire everyone reporting to the CEO. They all helped to ruin a good company.

Doesn't Recommend
Neutral Outlook
Approves of CEO

Other Reviews for Genworth Financial

  1.  

    Great products bad management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Relationship Manager  in  Pleasant Hill, CA
    Former Employee - Relationship Manager in Pleasant Hill, CA

    I worked at Genworth Financial full-time for more than 3 years

    Pros

    The products they offer and the Sales team in the Wealth Management side is great.

    Cons

    The management of the Service group is hard to work with and their leadership is very draconian.

    Advice to ManagementAdvice

    The directors need to step in and either help the managers find a balance to reduce turnover, oer replace the current management team.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  2.  

    Great place to work good compensation and benefits

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Engineer  in  Schaumburg, IL
    Current Employee - Senior Software Engineer in Schaumburg, IL

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

    Pros

    Excellent work life balance. Work from home.

    Cons

    None that i can think of.

    Advice to ManagementAdvice

    None that i can think of.

    Recommends
    Positive Outlook
    Approves of CEO
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