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Management Development Program Jobs in Virginia (NOW HIRING)

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Management Development Program information

See Virginia salary details

$31.7K

$119K

$198.3K

How much do management development program jobs pay per year?

As of Aug 11, 2026, the average yearly pay for management development program in Virginia is $119,029.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,300.00 and $141,800.00 per year, depending on experience, location, and employer.

What key skills and qualifications are needed to thrive in a management development program?

To thrive in a Management Development Program, you need a bachelor's degree (often in business or a related field), strong analytical abilities, and foundational leadership skills. Familiarity with project management tools, Microsoft Office Suite, and sometimes ERP or CRM systems is typically expected. Exceptional communication, adaptability, and teamwork distinguish top candidates in these fast-paced, learning-focused roles. These competencies enable participants to quickly learn, lead projects, and contribute effectively to organizational goals.

What is the difference between Management Development Program vs Management Trainee?

AspectManagement Development ProgramManagement Trainee
PurposeTo develop future managers through structured training and rotational assignmentsTo train and evaluate potential future managers through on-the-job learning
DurationTypically 6 months to 2 yearsUsually 1 year or less
Work EnvironmentRotational across departments, focused on skill developmentHands-on experience in specific department roles
CredentialsOften requires a bachelor's or master's degree, sometimes certificationsSimilar educational requirements, may include internships or certifications

Both Management Development Programs and Management Trainees aim to prepare individuals for managerial roles, but the Development Program offers a broader, rotational experience over a longer period, focusing on comprehensive skill-building. Management Trainees typically undergo shorter, department-specific training to evaluate their potential for future leadership roles.

What is a management development program?

A Management Development Program (MDP) is a structured training initiative designed to prepare employees for management roles within an organization. These programs typically combine classroom learning, on-the-job training, mentoring, and rotational assignments to help participants develop leadership, strategic thinking, and people management skills. MDPs are often used by companies to identify and fast-track high-potential employees for future leadership positions. The duration and structure of the program can vary depending on the organization, but the goal is to create a pipeline of qualified managers who understand the company’s culture and operations.

What are the typical career paths after completing a management development program?

Graduates of Management Development Programs often transition into entry-level management or supervisory roles within their organization, such as Assistant Manager, Team Lead, or Department Supervisor. These programs are designed to provide a strong foundation in leadership, operations, and business strategy, preparing participants for rapid advancement. Many companies offer mentorship and rotational assignments, exposing participants to multiple business areas and building a network across departments, which can lead to accelerated career growth and specialized management opportunities.
What are popular job titles related to Management Development Program jobs in Virginia? For Management Development Program jobs in Virginia, the most frequently searched job titles are:
What are popular job titles related to Management Development Program jobs in VA? For Management Development Program jobs in VA, the most frequently searched job titles are:
Infographic showing various Management Development Program job openings in Virginia as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 13% Part Time, and 2% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $119,029 per year, or $57.2 per hour.

Genworth Finance Development Program Analyst - 2027

Genworth Financial, Inc.

Richmond, VA • On-site

Full-time

Medical, Life, Retirement, PTO

Posted 11 days ago


Genworth Financial rating

8.5

Company rating: 8.5 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

104th of 304 rated insurance


Job description

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
Finance Development Program Analyst - Summer 2027
POSITION LOCATION
This position is hybrid and located in Richmond, VA. Candidates may be eligible for relocation assistance if they are not located in the area.
YOUR ROLE
At Genworth, we cultivate future business leaders in our highly competitive program for recent graduates with finance, accounting, economics, and mathematics degrees through our Finance Development Program. Beginning Summer 2027, this two-to-three-year program consists of two-to-three, one-year rotational assignments combined with formal classroom training in finance, accounting, investments, business strategy, and leadership development. Through involvement with our various business locations and product lines, participants will focus on the development of key financial and investments expertise within the insurance industry. Program Analysts will obtain finance, investments, and accounting experience. This could include financial planning and analysis, controllership, expense management, accounting and reporting, investment operations, as well as investments expertise in areas such as portfolio management, public and private asset credit research, alternatives, real estate, and trading.
What you will be doing
Here at Genworth, we are the people we serve. We share the same dream of home ownership and the same challenges of aging and care giving for the people we love. We understand how important these issues are and how much they matter, and that's why we come to work every day.
We are committed to creating a work environment that fosters inclusion, camaraderie, rewarding work, community involvement, and a focus on our employees' well-being. You will have the opportunity to talk to members of the Senior Leadership Team, gain insight on the insurance industry, and build lasting relationships with other Finance Development Program participants and full-time employees. We know each employee contributes in their own unique way and we're dedicated to supporting every one of them to help them reach their full potential.
If this looks like your ideal career experience...
• Working in a fast-paced, innovative, and change-oriented work environment
• Building a strong network of peers and mentors
• Attending on-site technical and professional development classes
• Participating in sponsored community service events
...You may be an ideal candidate!
What you bring
• Must be graduating by the Spring of 2027 with a Bachelors in Finance, Accounting, Economics, Business Analytics, Business Administration with a concentration in Finance or Accounting, or Mathematics
• Minimum GPA of 3.2 on a 4.0 scale
• Basic Accounting classes
• Strong analytical ability
• Team player with high initiative
• Change orientation
• Strong communication skills
• Demonstrated integrity
• Geographic mobility (ability to rotate into the Stamford, CT or Richmond, VA office)
Employee Benefits & Well-Being
Genworth 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 Incentives
• Comprehensive Healthcare Coverage
• Multiple 401(k) Savings Plan Options
• Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!)
• Generous Paid Time Off - Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave
• Disability, Life, and Long Term Care Insurance
• Tuition Reimbursement, Student Loan Repayment and Training & Certification Support
• Wellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)
• Caregiver and Mental Health Support Services
ADDITIONAL
ADDITIONAL INFORMATION
Hiring Rate: $65,000
Disclaimer: This role is aligned to a national market-based pay range. Actual compensation will vary based on geographic location, experience, skills, and other job-related factors. In addition to base salary, this role is eligible to participate in a bonus incentive plan. Incentive compensation is based on individual and company performance and is not guaranteed.
• At this time, Genworth will not sponsor a new applicant for employment authorization for this position.

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