Genworth Financial Reviews

Updated 22 April 2015
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3.2
260 Reviews
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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

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  1. easy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Casual Office Monkey in Sydney
    Former Employee - Casual Office Monkey in Sydney

    I worked at Genworth Financial part-time (Less than a year)

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

    Pros

    no pressure, easy work environment, not complicated. My role was very basic. he best part was i wasnt forced into working undue hours like some other similar companies

    Cons

    culture was a bit childish. Lots of weird schools style assemblies, awards ceremonies and bad motivational speeches. If you like fake high school spirit then you would like this place.

  2. A highly focussed single line of business insurer

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Genworth Financial

    Pros

    International blue chip company, that gives credibility to an employees CV. The focus on granularity allows a better understanding of financial layering and detail. This gives a greater appreciation of how to avoid risk, improve analytic processes and maximise investment.

    Cons

    The nature of the company since the GFC has made it difficult for employees to make effective change. The financial climate in the US dictates international policy and in turn poorly defined audit processes were put in place as a facade of 'fiscal security'.
    Time would see these processes mature and soothe the working environment

    Advice to Management

    Macro management changes at the 'C' level tends to undermine staff and their previous efforts to support the company through difficult times. Any change at CEO level is going to have serious issues and in a company that needs stability, those issues should be avoided where possible.

  3. Such a long process for sending the job offer letter

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

    I worked at Genworth Financial full-time (Less than a year)

    Pros

    Good compensation benefits and nice people to work with

    Cons

    Very bureaucratic, lengthy administration processes

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


  5. Good HR department but bureaucratic work place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Engineer in Sydney
    Current Employee - Senior Software Engineer in Sydney

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

    Pros

    Stable job, not too pressing

    Cons

    Office politics dominate the place

    Advice to Management

    Hire less politicians more people try to get job done

  6. 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.

  7. 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

  8. 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.

  9. 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.

  10. An Adventure Worth Your While

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

    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.

  11. Great place to work

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

    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

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