There are newer employer reviews for Genworth Financial

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Resume Stain

  • 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 (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

230 Other Employee Reviews for Genworth Financial (View Most Recent)

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  1.  

    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 (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
  2.  

    Great internship experience!

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

    I worked at Genworth Financial as an intern (less than an year)

    Pros

    -Comprehensive interview process
    -Extensive responsibilities given to interns who seek it
    -Great culture
    -Great learning experience
    -Exposure to several business areas
    -Friendly employees

    Cons

    -Entry level full-time opportunities restricted to Actuarial, IT, and Finance
    -Less entrepreneurial/ culture is less collegiate
    -Insurance industry isn't doing well in general

    Overall, great company to intern at!

    Advice to ManagementAdvice

    Need to invest more in hiring recent college grads!

    Recommends
    Neutral Outlook
    No opinion of CEO
There are newer employer reviews for Genworth Financial

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