Genworth reviews

4.1

77% would recommend to a friend

(595 total reviews)
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Thomas McInerney

75% approve of CEO

76% positive business outlook

Genworth has an employee rating of 4.1 out of 5 stars, based on 595 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Genworth employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

595 reviews
3.0
Dec 28, 2015
Recommend
CEO approval
Business Outlook

Pros

Good benefits, nice work environment, good culture.

Cons

Shaky leadership with limited, consistent, direction...very reactive. They seem to operate behind the curve. Our internal sales forces was gutted in 2013. We were rehired before the end of the year. Subsequently, they expanded the sales team with new hires and, one year later, laid off 1 in 3 internals due to limited revenue.

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Genworth Response
8y
Thank you for taking the time to write a review. We appreciate your time and service at Genworth, and we wish you the best in your next career opportunity
2.0
Dec 23, 2015

Lots of confusion & instability

Recommend
CEO approval
Business Outlook

Pros

I've worked here for several years, and they've been some of the best years of my career. Good company with a good mission and strong talent. Family friendly, good atmosphere, and professional development is encouraged. Pay and benefits are very good.

Cons

Mistakes from the past, undervalued stock, and regular layoffs (among other things) have caused a plethora of serious problems. This environment does not bring out the best in people- and the culture is sliding back to a lack of communication and transparency, and a disconnect between management and talent. When things are feeling chaotic and communication breaks down, the associates who have stuck with the company through the hard times and worked to better things, start feeling cut off and disrespected.

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Genworth Response
8y
Thank you for taking the time to leave a review. We acknowledge the cons you shared. We’re not perfect, but we’re working every day to make Genworth a great place to work. We hope you’ll stay along for the ride.
3.0
Dec 18, 2015

Genworth

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Generous compensation package including days off, tuition reimbursement and a strong commitment to the community.

Cons

Have had some challenges with reserve requirements which they continue to overcome but creates an atmosphere of uncertainty and has resulted in layoffs pretty much every year (for the recent last 4-5 years).

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Genworth Response
8y
Thank you for taking the time to write a review. We appreciate your time and service at Genworth, and we wish you the best in your next career opportunity
Viewing 397 - 399 of 595 Reviews

Glassdoor has 1,044 Genworth reviews submitted anonymously by Genworth employees. Read employee reviews and ratings on Glassdoor to decide if Genworth is right for you.