There are newer employer reviews for Genworth Financial

2 people found this helpful  

Genworth is overall a great company to work for, great pay and benefits.

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

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

Pros

Community involvement, Good salary, retirement, benefits, industry knowledge, work life balance in most departments, cafeteria, fitness center, network forums, sport teams, technology up to par. The company has a lot of departments that you can work in and if you apply yourself, network, and make a good name for yourself you could really transition to others roles and really grow.

Cons

Working in the accounting and reporting department required a lot a of hours and the beginning there was no work life balance. You could easily work 70hrs per week during annual close and it was expected. The controller of the department had favorites and could be really nasty when under a lot of pressure. Most of the members of the team were intimidated by the controller, even the managers. Some days you don't know what mood you would find that person in. Also, there were managers of the department who are micro managers. Meaning if a task is due by the EOD, they would come by your desk 5 times during the day for a status update and ask what you are working on which was really stressful and annoying, especially when you have multiple tasks due the same day. But of course that sort of micro managing starts at the top and trickles down to the analyst which made the morale really low within department.

Advice to ManagementAdvice

1. Develop the soft skills of your management team. If you don't know how to treat your employees with compassion, say Good Morning, operate under pressure with a positive attitude, maintain a pleasant demeanor at all times, then you dont need to be in a position where you manage a large team. Just be good at what you do without having to deal with people, that would be a more suited position for you.

2. Promote from within. If you feel that an employee who has put in a lot of time within your department but may lack a couple of skills that are needed for promotion. Take the time to develop that person versus discouraging them from applying by saying things like "your not ready" or "the controller doesn't like you so don't even apply" You have caused a lot of quality analyst to leave the department because of that attitude.

3. Encourage your people to be creative and to think outside the box, versus shutting down every new idea that comes your way. Otherwise the job becomes mechanical and boring.

Recommends
Negative Outlook
No opinion of CEO

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

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  1.  

    Business Intern

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

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

    Pros

    -Great opportunity to network
    -Plenty of ways for interns to get involved
    -Overall, a good way to spend a summer gaining experience

    Cons

    -Not all interns get satisfying work or projects
    -Felt like my skills / time could be better spent
    -Company seems to be going through lots of changes

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Gotta work overtime in LTC to get that Money!

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

    I worked at Genworth Financial full-time (more than an year)

    Pros

    great place to work if you are a yes person.

    Cons

    Supervisors do not have to be accountable, employees do. Expect just a paycheck for staying current on your work. while those that are behind get to work overtime.

    Advice to ManagementAdvice

    Years of experience do not =management material.hold management accountable and don't always side with the one in management employees can be right too! INTEGRITY AND HONESTY SHOULD MATTER!

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
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