Genworth Financial Reviews

Updated July 3, 2015
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265 Employee Reviews

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  1. Great Place to Work!

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

    I worked at Genworth Financial full-time

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great place to work! Amazing co-workers and a company that strives to ensure employees feel appreciated.

    Cons

    Long hours and several years of layoffs.


  2. Operations Specialist

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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

    Community service involvement, career opportunities and advice, customer-focus, team environment, flexible schedule, tuition reimbursement, onsite gym, 20 base vacation days (incl. personal/sick)

    Cons

    Financial instability and few vertical career opportunities

    Advice to Management

    N/A


  3. Internal Wholesaler

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

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

    Pros

    Company is investing in education of the risks of long term care

    Cons

    Company has had is shar of challenges since the GE spinoff, including the housing marker collapse in 08, and the movement of funds into reserves in 14-15


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  5. No hope for growth

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

    I have been working at Genworth Financial

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

    Pros

    Benefits plan is pretty good

    Cons

    Toxic parasitic culture
    Not ever going to grow because of past product ball and chain

    Advice to Management

    promote your MBAs and qualified people, not your cronies


  6. Lots of Learning

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

    I have been working at Genworth Financial full-time (Less than a year)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    This company is all about process improvement

    Cons

    have had to work extra hours often


  7. Engaging Employment

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Solutions Architect in Orlando, FL
    Current Employee - IT Solutions Architect in Orlando, FL

    I have been working at Genworth Financial (More than 10 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Great people to work with. The people are the greatest asset.

    Cons

    Lots of competitors have existed the market.


  8. Poor Management

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in Katy, TX
    Former Employee - Director in Katy, TX

    I worked at Genworth Financial (More than a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    None, nada, bupkis, jack squat

    Cons

    Literally everything. The company is managed by people who have long past their primes and their number one goal is to keep their jobs. All new, forward thinking people are run off. Jeff Immelt was a GEnius to spin the components that made up Genworth off in 2003.

    Advice to Management

    Resign


  9. Sinking ship

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior IT Solutions Project Manager in Soddy-Daisy, TN
    Former Employee - Senior IT Solutions Project Manager in Soddy-Daisy, TN

    I worked at Genworth Financial full-time (More than 10 years)

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

    Pros

    Can't think of much pro's.

    Cons

    Coworkers will scratch you in your back if you are not watching. It is all about how good you are sucking up to your managers. No one really cares how well you are doing at your work

    Advice to Management

    Be honest with your employees and build trust. It is not just about you making your bonus. Get new people from outside. Anybody in the company more than 20 years is simply useless and they are simply riding out to their retirement.


  10. Good benefits but unstable

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

    I have been working at Genworth Financial full-time

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    People are great, benefits are good, onsite gym and healthcare clinic free to employees, strong volunteer spirit among the leadership and the employees.

    Cons

    Company unstable for years; struggling to revive itself; morale low for years; numerous layoffs; minimal raises; heavy workloads

    Advice to Management

    Continue cleaning house and you might see the light of day at some point.


  11. Long Term Care Customer Service

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service Representative in Lynchburg, VA
    Former Employee - Customer Service Representative in Lynchburg, VA

    I worked at Genworth Financial full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Excellent Benefits, Onsite Gym, Community Volunteer activities, Onsite Cafeteria

    Cons

    Tough work environment when there is uncertainty about what area of the business that is going to be sold off or if the company is going to be in existence given the ongoing financial struggles this company is facing, micromanaging on the part of lower management in the call center, inconsistency among management staff, favoritism abounds, the call center is not a place to work in or would be recommended to work in.



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