Genworth - Some areas great, some not so much | Glassdoor
There are newer employer reviews for Genworth
There are newer employer reviews for Genworth

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"Some areas great, some not so much"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Compliance
Current Employee - Compliance
Recommends
Positive Outlook
Approves of CEO

I have been working at Genworth full-time

Pros

Good benefits, onsite gym, childcare reimbursement, great people! There are alot of opportunities to move within the company, lots of promotion from within and lots of support for learning and development.

Cons

Very hard times since 2008. Struggling USMI business. Poor financial performance overall. Lots of pressure from stockholders. Too many layoffs as a result.

Advice to Management

I think an excellent decision was made when Mike Frazier was relieved of his duties. I believe Tom McInerney will do all he can to turn the ship around.

Other Employee Reviews for Genworth

  1. "Friendly work environment but uncertainty MI industry future"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Intern in Raleigh, NC
    Current Intern - Intern in Raleigh, NC
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at Genworth as an intern (Less than a year)

    Pros

    The on-the-job training program is good, great opportunities for interns to learn and grow

    Cons

    In the MI industry, Genworth is already doing well in the current economic environment. However, the whole MI industry is hard hit in the recent economic/housing crisis.


  2. Helpful (1)

    "Great products bad management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Relationship Manager in Pleasant Hill, CA
    Former Employee - Relationship Manager in Pleasant Hill, CA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Genworth full-time (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 Management

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

There are newer employer reviews for Genworth
There are newer employer reviews for Genworth

See Most Recent

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