The Culture At Genworth Financial

Information provided by the company
We give back to the communities where we live. We offer competitive benefits including:. Medical, Dental, Vision, Flexible Spending Account options beginning your first day.
Our purpose is to help families achieve the dream of home ownership and address the financial challenges of aging. At Genworth, our promise to our employees is the opportunity to make a meaningful difference in the lives of our customers, our communities, and one another.
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That's why we're committed to creating a work environment that fosters inclusion, camaraderie, rewarding work, community involvement, and a focus on our employees' well-being.
That's why we're committed to creating a work environment that fosters inclusion, excellence, improvement and connection.
We give back to the communities where we live.
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Genworth Financial Overview

Genworth Financial is an S&P 400 insurance company. The firm was founded as The Life Insurance Company of Virginia in 1871. In 1986, Life of Virginia was acquired by Combined Insurance, which became Aon plc in 1987. In 1996, Life of Virginia was sold to GE Capital.
The staff at Genworth Financial come from unusually diverse demographic backgrounds. The company is 50.7% female and 40.2% ethnic minorities. Genworth Financial employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 61.0% of employees identifying as members of the Democratic Party. Despite their political differences, employees at Genworth Financial seem to be happy. The company has great employee retention with staff members usually staying for 5.2 years. The average employee at Genworth Financial makes $59,299 per year. In comparison, some of its highest paying competitors, like The Guardian Life Insurance Company of America, Lincoln National, and Prudential Financial, pay $71,561, $66,802, and $64,013, respectively.
Based in Virginia, Genworth Financial is a key player in the insurance industry with 3,500 employees and an annual revenue of $8.3B.

The Organization’s Mission

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.

Perks of Working at Genworth Financial

Genworth helps their employees achieve their physical, personal, and financial well-being through competitive medical benefits packages, tuition reimbursement programs, personal wellness programs, and more.

Industry

Insurance

Revenue

$8.3B

Employees

3,500

Founded in

2004

Headquarters

Richmond, VA

Website

genworth.com

Organization Type

Public

Is This Your Company?

Genworth Financial Employee Reviews

Zippia Official Logo

2.0

Zippia UserFebruary 2021

2.0

Zippia Official LogoZippia UserFebruary 2021

What Do You Like About Working There?

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

What DON'T You Like About Working There?

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.

What Are Your Favorite Benefits/Perks?

Retirement funding
Zippia Official Logo

3.0

Zippia UserMay 2019

3.0

Zippia Official LogoZippia UserMay 2019

What Do You Like About Working There?

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

What DON'T You Like About Working There?

Instability and restructuring.

What Are Your Favorite Benefits/Perks?

Lots of company sponsored events.
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The Team At Genworth Financial

Key People

    Thomas McInerney (President and Chief Executive Officer)

    Ramsey D. Smith (Founder and CEO)

    Dave Reedy (Founder)

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.
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Genworth Financial Company Rankings

Genworth Financial is ranked #16 on the Best Insurance 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 Financial Salaries

How much does Genworth Financial pay?
The national average salary for a Genworth Financial employee in the United States is $59,299 per year. Employees in the top 10 percent can make over $118,000 per year, while employees at the bottom 10 percent earn less than $29,000 per year.
9.3
Salary Score
Average Employee Earnings

Genworth Financial Salaries By Job Title

While Genworth Financial employees earn an average yearly salary of $59,299, different roles can command different wages. Some of the positions that earn high wages at Genworth Financial include regional vice president, marketing lead, director, and actuary. A typical regional vice president salary at Genworth Financial is $159,582 per year. To get a better sense of the salaries at Genworth Financial, other roles such as cashier and claim processor can be considered as well. For comparison, the title cashier at Genworth Financial earns $27,563 per year.
Job Title
Title
ascdesc
Average Salarydesc
Regional Vice President
Salary Range146k - 173k$160k$159,582
Marketing Lead
Salary Range135k - 161k$148k$147,975
Director
Salary Range118k - 149k$133k$133,435
Actuary
Salary Range102k - 152k$125k$125,360
Information Technology Technical Lead
Salary Range109k - 133k$121k$121,003
Subject Matter Expert
Salary Range110k - 130k$120k$119,907
Actuarial Associate
Salary Range93k - 135k$113k$112,527
Sales Leader
Salary Range95k - 132k$112k$112,463
Oracle Database Administrator
Salary Range105k - 119k$112k$112,381
Team Leader
Salary Range94k - 116k$105k$105,264
$40k
$173k

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Genworth Financial Careers

On average, employees at Genworth Financial stay with the company for 5.2 years. Employees most commonly join Genworth Financial after leaving Capital One. When they leave Genworth Financial, they most frequently get their next job at Bank of America.

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Genworth Financial Employee Demographics

9.8
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

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Genworth Financial Employees Education

Of the 3,500 employees at Genworth Financial, 25.5% attended Liberty University. Employees at Genworth Financial most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Genworth Financial Employee Political Affiliation

Genworth Financial employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Genworth Financial employee was by Thomas McInerney. Thomas McInerney donated $147,700 to the Republican Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
Leon RodaySenior Vice President
Senior Vice President
Democratic Party
$208,045Democratic Party
Thomas McInerneyPresident/Chief Executive Officer
President/Chief Executive Officer
Republican Party
$147,700Republican Party
Michael FraizerExecutive
Executive
Republican Party
$113,800Republican Party
Patricia MerrillLawyer
Lawyer
Democratic Party
$46,650Democratic Party
Roger LevySenior Vice President
Senior Vice President
Republican Party
$31,200Republican Party
Michael LamingHuman Resources Manager
Human Resources Manager
Democratic Party
$24,900Democratic Party
Kevin SchneiderSenior Vice President
Senior Vice President
Democratic Party
$16,200Democratic Party
Thomas McLnerneyChief Executive Officer
Chief Executive Officer
Democratic Party
$13,500Democratic Party
Michael FrazierPresident/Chief Executive Officer
President/Chief Executive Officer
Republican Party
$12,500Republican Party
Gregory KarawanLawyer
Lawyer
Democratic Party
$11,000Democratic Party
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Genworth Financial Employment Videos

Genworth Financial Financial Performance

9.9
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

2004

Organization type

Public

Genworth Financial Financing Rounds

DateascdescAmountascdescSecurity Typeascdesc
Oct 9, 2016Post Ipo Equity
$102,000
Post Ipo Equity
Mar 7, 2018Post Ipo Debt
$450,000,000
Post Ipo Debt

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Genworth Financial Competitors

Based on our research, similar companies to Genworth Financial are The Guardian Life Insurance Company of America, Lincoln National, and Prudential Financial. Employees at The Guardian Life Insurance Company of America earn more than most of the competition, with an average yearly salary of $71,561. The salaries at Lincoln National average $66,802 per year, and the salaries at Prudential Financial come in at $64,013 per year.
Companydesc
Average Salarydesc
The Guardian Life Insurance Company of America
Salary Range53k - 95k$72k$71,561
Lincoln National
Salary Range47k - 93k$67k$66,802
Prudential Financial
Salary Range44k - 91k$64k$64,013
John Hancock Life Insurance Company
Salary Range45k - 85k$62k$62,372
Massachusetts Mutual Life Insurance ...
Salary Range43k - 88k$62k$61,825
AmTrust Financial Services
Salary Range42k - 79k$58k$58,355
Markel
Salary Range39k - 78k$56k$56,105
MetLife
Salary Range39k - 78k$55k$55,409
Cigna
Salary Range38k - 76k$55k$54,550
Liberty Mutual
Salary Range41k - 70k$54k$54,107
$29k
$95k

Frequently Asked Questions about Genworth Financial

When was Genworth Financial founded?

Genworth Financial was founded in 2004.

How many Employees does Genworth Financial have?

Genworth Financial has 3,500 employees.

How much money does Genworth Financial make?

Genworth Financial generates $8.3B in revenue.

What industry is Genworth Financial in?

Genworth Financial is in the insurance industry.

What is Genworth Financial's mission?

Genworth Financial's mission statement is "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."

What type of company is Genworth Financial?

Genworth Financial is a public company.

Who are Genworth Financial's competitors?

Genworth Financial competitors include Prudential Financial, Nationwide Mutual Insurance ..., Massachusetts Mutual Life Insurance ..., Mutual of Omaha, New York Life Insurance Company, John Hancock Life Insurance Company, Lincoln National, MetLife, The Guardian Life Insurance Company of America, Cigna, Liberty Mutual, Unum, Travelers, Markel, AmTrust Financial Services, Allstate, Farmers Insurance Group, Assurant, Pacific Life & Annuity Company, Progressive.

Who works at Genworth Financial?

Thomas McInerney (President and Chief Executive Officer)

Ramsey D. Smith (Founder and CEO)

Dave Reedy (Founder)

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Updated October 27, 2021

Zippia gives an in-depth look into the details of Genworth Financial, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Genworth Financial. The employee data is based on information from people who have self-reported their past or current employments at Genworth Financial. 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. The data presented on this page does not represent the view of Genworth Financial and its employees or that of Zippia.

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