Genworth Financial

  www.genworth.com
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Genworth Financial Reviews

Updated Jul 28, 2014
Genworth Financial – Richmond – “Genworth Sign”

All Employees Current Employees Only

3.0 188 reviews

81% Approve of the CEO

Genworth Financial President & CEO Thomas J. McInerney

Thomas J. McInerney

(37 ratings)

51% of employees recommend this company to a friend

Review Highlights

Pros
  • good work life balance, good compensation (in 13 reviews)

  • Fairly good benefits although worse in the last several years (in 13 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 7 reviews)

More Highlights
188 Employee Reviews
Relevance Date Rating
in

     

    Good company

    Anonymous Employee (Current Employee)

    ProsGood work and life balance. People are diversified and generally very nice. Study support is very good too.

    ConsIt is ver political at the senior level. If you are in the wrong crowed, you could be out of the door very soon.

     

    Good medium sized multinational to work in, aside from the business model

    Anonymous Employee (Former Employee) London, England

    ProsPeople, good access to senior execs, innovative

    ConsStrong headwinds due to mortgage risk exposure and personal credit exposure

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    A good launching pad

    Anonymous Employee (Former Employee) London, England

    ProsTraining and development was the best I've ever seen. They offer courses on a variety of subjects that help develop your career path within the company.

    ConsSalaries tend to be below market and inconsistent. Top heavy. Too many managers and not enough people to do the work. Management constantly changing course and restructuring. Regular employees end up working 12+ hours per day trying to keep up with changes while worried about job security.

    Advice to Senior ManagementThere are too many of you.

    Yes, I would recommend this company to a friend

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Great People but high turnover

    Actuarial Analyst (Former Employee) London, England

    ProsGreat friendly people. Very smart.

    ConsCavalier attitude about sales and customer service

    No, I would not recommend this company to a friend

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

     

    Genworth was a decent company to work for

    Senior IT Applications Specialist (Current Employee) Raleigh, NC (US)

    ProsGenworth takes seriously the work life balance and community involvement. Expectations are high but compensation was on par

    ConsThere is tension and friction between the various division especially in the IT departments.

    Advice to Senior ManagementMore focus on the technology personnel need to stay current by providing access to industry training.

    Yes, I would recommend this company to a friend

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

     

    Great people, management is turning over - hopefully for the better.

    Anonymous Employee (Current Employee) Richmond, VA (US)

    ProsMost of the employees I work with a good, solid, smart and engaging. Benefits are good, one of the best paid employers in the Richmond area.

    ConsThis company has been in flux since the financial crisis in 2008. Some months it feels like we are headed in the right direction, others, not so much.

    Advice to Senior ManagementPick a track and stick with it, this company could be one of the greats - the talent is there it just needs the right direction without all of the distractions and pet projects.

    Yes, I would recommend this company to a friend

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

     

    Good Experience

    Operations Intern (Current Employee) Lynchburg, VA (US)

    ProsThe pay is good, and the people are great to work with. The experience is great for entry level or college level interests.

    ConsCan be mundain and boring

    Advice to Senior ManagementContinue communiction improvements with interns and training

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Really great learning experience

    Anonymous Employee (Former Employee) Dublin, Dublin (Ireland)

    ProsLiked the team, reasonable money

    ConsProgression in Genworth was difficult - though a multinational it had a lot of politics to navigate

    No, I would not recommend this company to a friend

     

    An amazing company

    IT Intern (Current Employee)

    ProsGreat people, great pay, great location

    ConsA bit boring at times, insurance isn't always interesting

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    No concern for employees here

    Underwriter (Current Employee) Lynchburg, VA (US)

    ProsBenefits, salaries and bonuses given.

    ConsIf you have no life & desire no life & want to work 50+ hours every week & weekends as needed then this is the company for you. Micromanaged to death, a lot of inexperienced managers. Limited upward mobility. Prepare to plan your vacation a year in advance.

    Advice to Senior ManagementAddress the cons noted. Start caring about your employees.

    No, I would not recommend this company to a friend

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