MGIC Investment - Lacked career advancement opportunities | Glassdoor
There are newer employer reviews for MGIC Investment
There are newer employer reviews for MGIC Investment

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"Lacked career advancement opportunities"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Customer Service Specialist in Troy, MI
Former Employee - Customer Service Specialist in Troy, MI
Doesn't Recommend
Negative Outlook
Disapproves of CEO

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 Management

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

Other Employee Reviews for MGIC Investment

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

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst in Milwaukee, WI
    Former Employee - Business Analyst in Milwaukee, WI
    Recommends
    Positive Outlook
    Approves of CEO

    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 Management

    A little humbleness would go a long way.


  2. "Family first environment... loved it!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Underwriter in Troy, MI
    Former Employee - Underwriter in Troy, MI
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Great working environment with competitive pay.

    Cons

    Nothing negative about this company.

There are newer employer reviews for MGIC Investment
There are newer employer reviews for MGIC Investment

See Most Recent

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