Director, Expense Management

At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need care—and we bring those experiences with us to work in serving our millions of policyholders each day. We apply that same compassion and empathy as we work with each other and our local communities. Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism.Our four values guide our strategy, our decisions, and our interactions:Make it human. We care about the people that make up our customers, colleagues, and communities.Make it about others. We do what's best for our customers and collaborate to drive progress. Make it happen. We work with intention toward a common purpose and forge ways forward together. Make it better. We create fulfilling purpose-driven careers by learning from the world and each other.          POSITION TITLE Director, Expense Management    POSITION LOCATIONRichmond, VA (hybrid)    YOUR ROLEAs a Finance team member, you’ll play a key role in supporting the financial strength and flexibility that enables us to be there when our policyholders need us – now and in the future. As the Director of Expense Management, you will be a part of the U.S. life insurance finance team, reporting to the Chief Financial Officer of the business. You will lead a team to budget, analyze, and manage $600M+ in operating expenses for the U.S. life insurance companies. This role plays an integral part in the strategic and financial planning and analysis for the U.S. life insurance companies and interfaces with leaders throughout the organization.What you will be doingDevelop multi-year expense projections by product and company and provide strategic solutions that align with business goalsCreate expense assumptions for actuarial processes, including statutory cash flow testing and GAAP reservingRecommend annual budget targets and communicate with leadership the impacts to multi-year projections and actuarial processesLead the allocation of costs across companies, products, and business activities within the U.S. life organization, as well as ensuring appropriate cross-business allocations with other organizations across GenworthServe as a valuable partner to the business by analyzing department expenses and consulting with leaders to refine short-term outlook spendOwn the expense management framework and ensure adherence to guidelines across the organizationManage a team of ~8 associates ​What you bringBachelor’s degree in Finance, Accounting or related discipline10+ years of finance experience, including in expense managementExperience leading a team across multiple locations, including hybrid and fully remote membersExcellent communication skills, both written and verbal, ideally with experience presenting at the executive levelInquisitive nature and willingness to challenge the status quoProven interpersonal and communication skills with the ability to build and maintain relationships at all levels of the organizationExperience with Power BI and Alteryx is a plus ​    Employee Benefits & Well-BeingGenworth employees make a difference in people’s lives every day. We’re committed to making a difference in our employees’ lives.Competitive Compensation & Total Rewards IncentivesComprehensive Healthcare CoverageMultiple 401(k) Savings Plan OptionsAuto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!)Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and Paid Family LeaveDisability, Life, and Long Term Care InsuranceTuition Reimbursement, Student Loan Repayment and Training & Certification SupportWellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)Caregiver and Mental Health Support ServicesADDITIONAL At this time, Genworth will not sponsor a new applicant for employment authorization for this position.

Created: 2025-09-17