Genworth reviews

4.1

77% would recommend to a friend

(595 total reviews)
avatar

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
2.0
Apr 20, 2009
Recommend
CEO approval
Business Outlook

Pros

Benefits are better than average.

Cons

Poorly managed. Everyone is afraid to make a decision. Ideas are discussed to death. No action taken until it's too late.

3.0
Apr 16, 2009

Great people, Poor Leadership

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

They offer competitive benefits for the Richmond area. They have both a 401K and a pension (not the old kind of pensions). They pay pretty good, at least they did before the 2009 layoff. Some departments and businesses are really great to work at. They have a very good vacation benefit that combines all sick, personal and vacation days. If you don't get sick very often it's a good deal. Much of the middle management is very competent.

Cons

Very bureaucratic organization which is is very slow and resistant to change. They don't like anything to do with six sigma for some reason even thoguht they are a former GE business. Minorities are very under represented in the company. They hired someone to handle diversity then eliminated the position. The culture is a mishmash of different acquired businesses with a sprinkling of GE culture on top. The core values don't seem to be reflected in how the company works. There is very little cooperation business-to-business and corporate-to-business. It seems like the Mortgage Insurance business is a whole different company. It's difficult to move between functions because they require lots of experience for each of the different insurance and functional areas. So don't expect a lot of horizontal mobility.

1.0
Apr 4, 2009
Recommend
CEO approval
Business Outlook

Pros

1) Exciting, dynamic environment. 2) "Get it done" culture. 3) Very results oriented.

Cons

Exactly mirrors the positives! 1) Stressful number of too many hours with terrible work life balance. 2) Get it done now, even if it means setting up terrible manual processes that will be forever harder to maintain and more expensive in the future. 3) Produce results, not quality. Don't worry if it's right. Just show that you're productive.

Viewing 583 - 585 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.