Genworth Financial Reviews

Updated April 28, 2015
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3.2
262 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
Genworth Financial President & CEO Thomas J. McInerney
Thomas J. McInerney
69 Ratings

Pros
  • Genworth takes seriously the work life balance and community involvement (in 17 reviews)

  • Great benefits, generally good people to work with (in 15 reviews)

Cons
  • There is no work-life balance - a throwback from the GE mantra (in 10 reviews)

  • It may be difficult to move new ideas through upper management (in 8 reviews)

More Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. sr analyst

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

    I have been working at Genworth Financial full-time

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Lot of opportunities for lateral movement

    Cons

    Limited growth opportunities for associates

    Advice to Management

    Help employees build careers

  2. IT Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern

    I worked at Genworth Financial as an intern

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Lots of opportunity for growth and learning. People were interested for my professional growth. Upper management was extremely nice for me.

    Cons

    Sometimes the work seemed tedious. While the project I worked on was really cool, I feel like sometimes I was doing something separate from the team.

  3. Helpful (1)

    Sales Specialist

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Genworth Financial

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great salary, employee benefits, community focused

    Cons

    Currently limited opportunities for growth

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    Team Lead

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Genworth Financial

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Enjoyed working there. Great people. Some opportunity for advancement. very low turnover. Put emphasis on employee training and development.

    Cons

    While there are some opportunities for advancement, the opportunities are limited. It is like everywhere else...the company wants to do more with less.

    Advice to Management

    Continue to invest in your employees and remind them that they are appreciated. Promote from within more so than looking externally.

  6. Financial analyst

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

    I worked at Genworth Financial full-time

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Nice gym (but you have to pay)
    Nurse on site
    Fair salary

    Cons

    Company is performing badly and parts of it are up for sale
    Not known for being accurate in their bookkeeping or processes
    Risky
    No money to maintain their facilities
    Poor benifits
    Very poor management (oblivious by performance)
    No direction or support
    Management too afraid to do things that should be done
    No one works together or collaborates

    Advice to Management

    Make a plan. Communicate the plan to all associates and guide them on how to accomplish the goals YOU put in place. Stop relying on someone else to do your job. Clean up your audit functions!!! This area is a huge risk!

  7. Helpful (1)

    Great camaraderie and rewarding work!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director
    Current Employee - Director

    I have been working at Genworth Financial full-time (More than 8 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    smart people with a strong sense of purpose. Good environment to learn on the job with the autonomy to stretch beyond your scope and make an impact.

    Cons

    Currently working through some business challenges, though opportunity to pivot and capitalize is real with a sound well executed strategy.

  8. An Adventure Worth Your While

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

    I have been working at Genworth Financial full-time (More than 8 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    I have had some incredibly rewarding experiences during my 8 years here at Genworth. I have met and worked with some of the most talented people over the years, and some of which I consider life-long friends. Genworth is a great place to learn, grow, and develop professionally. Although we are currently facing some challenges, Genworth has been a great part of my life. If your passionate and invested in your career, any opportunity can be rewarding despite uncertainty.

    Cons

    Lots of variability and uncertain times but the writing is on the wall.

    Advice to Management

    Genworth is learning from it's past mistakes, let's learn, adapt and not carry them into the future.

  9. Great place to work

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

    I have been working at Genworth Financial

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great team members, you work with some very smart people who push you to try new things
    Lots of ways to get involved in the community and with people outside your specific team
    Focus on wellness

    Cons

    Always changing environment. Need to be adaptable
    Buildings are old and need updates

    Advice to Management

    Push down decisions to lower levels

  10. Genworth was a very good company to work for. I was a claims services specialist who processed claims for long term car

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Claims Processor in San Rafael, CA
    Former Employee - Claims Processor in San Rafael, CA

    I worked at Genworth Financial (More than 3 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Great group of people to work with, great benefits and room to grow with the company.

    Cons

    They were very strict with call monitoring and too much micromanaging.

    Advice to Management

    Create a more nurturing work environment and give employees "more pats on the back" for exceptional work ethics.

  11. Top down bullying

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Genworth Financial

    Pros

    It is a good job If you have a good direct manager and team.

    Cons

    horrible leadership, bullying , no clear goals, unorganized, disconnected teams

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