MGIC Investment Reviews | Glassdoor

MGIC Investment Reviews

Updated September 20, 2017
40 reviews

Filter

Filter

Full-timePart-time

3.6
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
MGIC Investment Chairman and CEO Curt S. Culver
Curt S. Culver
24 Ratings

40 Employee Reviews

Sort: PopularRatingDate

  1. "Great Company!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mortgage Underwriter
    Former Employee - Mortgage Underwriter
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at MGIC Investment full-time (More than a year)

    Pros

    Flexible, supportive, open, reliable, great! I loved working for MGIC! I worked remotely from home and they were so easy to work with in setting up my office. My direct manager was flexible with my work schedule and easy to work with. I had lots of online resources through the company, not to mention staff I could contact if ever I had an issue. Since I was an on-demand underwriter, my supervisor gave me the freedom to work with the company I was contracted with without interference.

    Cons

    My contract ended and they didn't have an open request for an on-demand dedicated underwriter.


  2. Helpful (1)

    "Underwriting"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at MGIC Investment full-time

    Pros

    Offered good salary and benefits

    Cons

    Non flexible work hours and limited availability of files to work

    Advice to Management

    When requesting input from employees, Management should try listening to the feedback and suggestions being offered instead of immediately going on the defense.

  3. "Great Place to Work"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Fun environment where you can definitely learn a lot and progress your career

    Cons

    For some people, this isn't an issue, but you really need to work hard to progress and sometimes that means taking your work home with you.


  4. Helpful (1)

    "Great company that is driven to succeed in a very competitive mortgage insurance industry!!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at MGIC Investment full-time

    Pros

    Great CEO, Co-workers, 401K, Pension, Profit, Safe & Comfortable Work Environment, Café, Company Gym, Health Insurance.

    Cons

    I notice as a former employee some of MGIC management team are bias. There are a few that can be snobby by turning up their noses as if they are better.

    Advice to Management

    To consider taking a different approach that shows more empathy when downsizing. It is an embarrassment, hurtful and painful to arrive at work to be
    notified you no longer have a job.


  5. "IT"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Specialist in Milwaukee, WI
    Former Employee - IT Specialist in Milwaukee, WI
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good Benefits, Good People , Pension

    Cons

    IT Department in turmoil. Layoffs

    Advice to Management

    Look at IT upper management.


  6. Helpful (1)

    "specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at MGIC Investment full-time

    Pros

    Nice location and great facilities

    Cons

    Favoritism for people, middle management suffers from a superiority complex

    Advice to Management

    Pay attention to all employees


  7. Helpful (1)

    "Great place to work. Older workforce. No one leaves unless they ha e to."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Applications Developer in Milwaukee, WI
    Current Employee - Applications Developer in Milwaukee, WI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at MGIC Investment full-time (More than 10 years)

    Pros

    Good, smart people. Good work/life balance. Competent leadership. Fair salary.

    Cons

    Not super flexible work hours. Hostile to working remotely. Could use some younger blood.

  8. "MGIC is a good company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Underwriter in Milwaukee, WI
    Current Employee - Senior Underwriter in Milwaukee, WI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at MGIC Investment full-time (More than 5 years)

    Pros

    Great benefits, includes pension and chance to get free health insurance

    Cons

    None that I can think of


  9. "Great place to work!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Milwaukee, WI
    Current Employee - Anonymous Employee in Milwaukee, WI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at MGIC Investment full-time (More than 10 years)

    Pros

    I have been working at MGIC for 14 years and I have held 5 positions here and have continued to advance. People don't leave...The benefits are great, co workers are amazing and they care about their people. They understand that you have a life outside of work and will work with you when you have to leave early for appointments ECT. They are now renovating the entire building...It's looking modern and up to date.

    Cons

    "old school" styles but this is slowly being changed and people retire and new people are being hired.


  10. Helpful (1)

    "Poor advancement opportunities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at MGIC Investment full-time

    Pros

    Quality colleagues, pension benefits vested after 3 years

    Cons

    Poor pay, bad health insurance, and advancement opportunities are extremely limited, do not recommend. Paid time off is subpar.


Showing 40 of 43 reviews
Reset Filters