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.
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
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.
Genworth's salary is not as good as other reviews claim on this site.
Fulfilling role where I was able to make a difference in the customer experience
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.
Good work/life balance. Friendly people. Decent benefits.
Instability and restructuring.
Lots of company sponsored events.
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The Culture At Genworth
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.
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.
The Team At Genworth
Thomas J McInerney'S
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 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.
The national average salary for a Genworth employee in the United States is $61,793 per year. Employees in the top 10 percent can make over $117,000 per year, while employees at the bottom 10 percent earn less than $32,000 per year.
Average Genworth Salary
Updated March 16, 2023
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.
Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Genworth. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:
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.
On average, employees at Genworth stay with the company for 5.3 years.
Videos About Working At Genworth
Genworth Career Opportunity
Genworth Financial Performance
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.
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Highest Paying Genworth Competitors
Based on our research, similar companies to Genworth are Morgan Stanley, Eaton Vance, and American Express.Employees at Morgan Stanley earn more than most of the competition, with an 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.
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When Was Genworth Founded?
Genworth was founded in 2004.
How Many Employees Does Genworth Have?
Genworth has 3,000 employees.
How Much Money Does Genworth Make?
Genworth generates $8.4B in revenue.
What Industry Is Genworth In?
Genworth is in the financial services industry.
What Is Genworth's Mission?
Genworth'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?
Genworth is a public company.
Who Are Genworth's Competitors?
Genworth competitors include Citi, Eaton Vance, The Vanguard Group, Morgan Stanley, Primerica, Legg Mason, Charles Schwab, Raymond James Financial, Centene, UnitedHealth Group, Prudential Retirement Insurance And Annuity Co On Behalf Of Its Separate Account Ssa-4642 Fire, Prudential Financial, MetLife, Lincoln Financial Group, Nationwide, MassMutual, Mutual of Omaha, The Hartford, American Express, AIG.
Who Works At Genworth?
Thomas J McInerney'S (President and Chief Executive Officer)
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.