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Working at Genworth

Zippia score 4.4

Overview

JobsSalaryRevenueReviewsHistoryDemographicsCompetitorsCEO & Executives

Genworth overview

Industry
Financial Services
Revenue
$8.4B
Headquarters
Richmond, VA
Employees
3,000
Founded in
2004
Website
Organization type
Public
Social media
Genworth Financial, Inc. (NYSE: GNW) is a Fortune 500 insurance holding company dedicated to helping people secure their financial lives, families, and futures. Genworth has leadership positions in offerings that assist consumers in protecting themselves, investing for the future, and planning for retirement. In addition, the company is a global leader in managing mortgage default risk. Genworth's Global Mortgage Insurance Division works with lender partners, regulators, and policy leaders to help more people responsibly achieve and maintain the dream of homeownership. In doing so, it promotes stronger and more sustainable communities around the world. By combining its global experience in mortgage guarantees with technology and service leadership, Genworth delivers innovation to the housing marketplace.
The staff at Genworth come from unusually diverse demographic backgrounds. The company is 52.6% female and 40.9% ethnic minorities. Genworth employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 62.0% of employees identifying as members of the Democratic Party. Despite their political differences, employees at Genworth seem to be happy. The company has great employee retention with staff members usually staying for 5.3 years.The average employee at Genworth makes $61,793 per year. Pay at Genworth is significantly lower than some of its highest paying competitors, like Morgan Stanley, Eaton Vance, and American Express, which pay $103,933, $94,326, and $86,421, respectively.
Based in Richmond, VA, Genworth is a key player in the finance industry with 3,000 employees and an annual revenue of $8.4B.

Genworth's mission statement

We have been focused on helping our customers navigate caregiving options, protect and grow their retirement income, and prepare for the financial challenges that come as we age. We're here to be a trusted ally for everybody who needs care as they age and anybody who loves them.

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2.8/5

Genworth employee reviews

Based on 4 ratings

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Job openings at Genworth
24 positions
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Genworth employee reviews

Genworth employee reviews
2.8/5

Based on 4 ratings

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Employee reviews
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4.0
A zippia user wrote a review on Jun 2023
Pros of working at Genworth

Advancement opportunities, benefits, remote work, paid time off/vacation time

Cons of working at Genworth

Too many managers and too much power Is given to mgmt instead a proper balance between them and HR.

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2.0
A zippia user wrote a review on May 2023
Pros of working at Genworth

I like the ability to work remotely

Cons of working at Genworth

Genworth's salary is not as good as other reviews claim on this site.

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2.0
A zippia user wrote a review on Feb 2021
Pros of working at Genworth

Fulfilling role where I was able to make a difference in the customer experience

Cons of working at Genworth

Very cutthroat at leadership level. Only concerned about their own security and non-caring about associates. Non-transparent therefore cannot trust what they tell you. No teamwork.

Genworth benefits

Retirement funding

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3.0
A zippia user wrote a review on May 2019
Pros of working at Genworth

Good work/life balance. Friendly people. Decent benefits.

Cons of working at Genworth

Instability and restructuring.

Genworth benefits

Lots of company sponsored events.

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The team at Genworth

  • The founders of Genworth is Dave Reedy.
  • The key people at Genworth are Thomas J. McInerney and Dave Reedy.
Key people
Thomas J. McInerney
Dave Reedy
The inside scoop
A leading insurance company in the country, Genworth Financial has been focused on helping their customers navigate caregiving options, protect and grow their retirement income, and prepare for the financial challenges that come as they age for more than 145 years now. This reputable firm is committed to be the trusted ally for everybody who needs care as they age and anybody who loves them.

Genworth rankings

Genworth is ranked #89 on the Best Fortune 500 companies to work for in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Genworth salaries

Average Genworth salary
$61,793
yearly
$29.71 hourly
Updated March 14, 2024

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Genworth diversity

9.9
Diversity score
We calculated Genworth’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Genworth’s workforce.
Genworth diversity summary. Zippia estimates Genworth's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Genworth's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Genworth's workforce.
  • Genworth has 3,000 employees.
  • 53% of Genworth employees are women, while 47% are men.
  • The most common ethnicity at Genworth is White (59%).
  • 13% of Genworth employees are Black or African American.
  • 12% of Genworth employees are Asian.
  • The average employee at Genworth makes $61,793 per year.
  • Genworth employees are most likely to be members of the democratic party.
  • Employees at Genworth stay with the company for 5.3 years on average.

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Genworth financial performance

9.9
Performance score

Highest paying Genworth competitors

Compare Genworth salaries to competitors, including Morgan Stanley, Eaton Vance, and American Express. Employees at Morgan Stanley earn the highest average yearly salary of $103,933. The salaries at Eaton Vance average $94,326 per year, and the salaries at American Express come in at $86,421 per year.
RankCompanyAverage salaryJobs
1$103,9330
2$94,3260
3$86,4210
4$84,3870
5$84,1150
6$82,7380
7$75,4830
8$71,9210
9$71,6890
10$68,3540
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    Updated March 14, 2024

    Zippia gives an in-depth look into the details of Genworth, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Genworth. The employee data is based on information from people who have self-reported their past or current employments at Genworth. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Genworth. The data presented on this page does not represent the view of Genworth and its employees or that of Zippia.

    Genworth may also be known as or be related to Genworth, Genworth Financial, Genworth Financial Inc and Genworth Financial, Inc.