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Working At Genworth

Zippia Score 4.9
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Genworth Overview

Industry
Financial Services
Revenue
$8.4B
Headquarters
Richmond, VA
Employees
3,000
Founded In
2004
Website
www.genworth.com
Organization Type
Public
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.

2.3/5

Employee Reviews

Based On 3 Ratings

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Job Openings
31 Positions
Average Salary
$61,793 yearly

On This Page

Genworth Employee Reviews

Employee Reviews
2.3/5

Based On 3 Ratings

Work At Genworth? Share Your Experience
Employee Reviews
2.0
May 2023
Pros

I like the ability to work remotely

Cons

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

2.0
Feb 2021
Pros

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

Cons

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.

Benefits

Retirement funding

3.0
May 2019
Pros

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

Cons

Instability and restructuring.

Benefits

Lots of company sponsored events.

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Salary and Benefits
Management
Work Environment
Diversity and Inclusion
Career Opportunities

The Culture At Genworth

Information provided by the company

The Team At Genworth

Key People
Thomas J McInerney'S
Dave Reedy
The Inside Scoop

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

9.3
Salary Score
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
$61,793
yearly
$29.71 hourly
Updated March 16, 2023

Genworth Diversity

9.9
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.

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

9.9
Performance Score
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.
RankCompanyAverage SalaryJobs
1Morgan Stanley$103,933904
2Eaton Vance$94,3260
3American Express$86,421200
4Legg Mason$84,3870
5AIG$84,115499
6Charles Schwab$82,738358
7Citi$75,4834,911
8Raymond James Financial$71,921577
9The Vanguard Group$71,689281
10MassMutual$68,354801
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Genworth FAQs

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)

Dave Reedy (Founder)

Have more questions? See all answers to common company questions.

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Updated March 16, 2023

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.