There are newer employer reviews for MGIC Investment

 

I am having an enjoyable experience with MGIC.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Claims Examiner in Milwaukee, WI
Current Employee - Claims Examiner in Milwaukee, WI

I have been working at MGIC Investment full-time (more than 3 years)

Pros

There seems to be a genuine concern for the employees and the employee environment.

Cons

There could be more attention to the schedule for claims and the production requirements. The requirements seem to be discriminatory.

Advice to ManagementAdvice

Pay attention to the employee suggestions.

Recommends
Neutral Outlook
Approves of CEO

18 Other Employee Reviews for MGIC Investment (View Most Recent)

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  1.  

    Lacked career advancement opportunities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Service Specialist in Troy, MI
    Former Employee - Customer Service Specialist in Troy, MI

    I worked at MGIC Investment full-time (more than 10 years)

    Pros

    Easy work for great pay. Overall a good group of co workers. Close to home. Good area to work in.

    Cons

    No room for advancement. Waited 10 years to be trained as an underwriter and it never came to fruition. They would hire external people to fill internal positions. Management were all biding their time until they retired. They did not listen to employee concerns. Fostered a "just be lucky you have a job" attitude amongst all employees.

    Advice to ManagementAdvice

    Listen to employee concerns. Give them a chance to prove themselves worthy of more responsiblity.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Still struggling with its claims backlogs from the housing crisis and great recession.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Analyst in Milwaukee, WI
    Former Employee - Business Analyst in Milwaukee, WI

    I worked at MGIC Investment full-time (more than 10 years)

    Pros

    Company beginning to turn the corner, but handling of rescissions from crisis will impede rebound. Many clients are smarting from the companies methods of claim denials. Moving to a purchase money business will help NIW and persistency and profitability. Improving values will help default rates. Could this finally be some light at the end of the tunnel?

    Cons

    High levels of uncertainty, stability and lack of internal opportunity. Company continues to be in a retrenching.

    Advice to ManagementAdvice

    A little humbleness would go a long way.

    Recommends
    Positive Outlook
    Approves of CEO
There are newer employer reviews for MGIC Investment

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