MGIC Investment Reviews

Updated Apr 20, 2021

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3.7
60%
Recommend to a Friend
70%
Approve of CEO
MGIC Investment CEO Tim Mattke (no image)
Tim Mattke
4 Ratings
Pros
  • "Flexible schedule and very considerate of your work/life balance(in 6 reviews)

  • "Good Benefits and Good Wellness program(in 4 reviews)

  • Cons
  • "Because no one ever leaves, there's no room for career growth(in 4 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Current Employee, less than 1 year

      Outstanding

      Apr 19, 2021 - Retired in Milwaukee, WI
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Pay, benefits, work / family balance

      Cons

      Few cons, one faces typical work politics.

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    2. 3.0
      Current Employee, more than 8 years

      claims

      Apr 20, 2021 - Claims Analyst in Milwaukee, WI
      Recommend
      CEO Approval
      Business Outlook

      Pros

      good salary and nice co workers

      Cons

      not the company it used to be

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    3. 4.0
      Former Employee, less than 1 year

      Great Place to work

      Feb 15, 2021 - Loan Processor in Milwaukee, WI
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Nice place to work for

      Cons

      People are in positions forever

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    4. 3.0
      Former Employee, more than 3 years

      Nice place to work

      Mar 4, 2021 - Anonymous Employee in Milwaukee, WI
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great location; nice hours; flexible schedule

      Cons

      No opportunity for career advancement

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    5. 5.0
      Former Employee, more than 5 years

      It won an award for best place to work for a reason

      Oct 1, 2020 - Customer Service Representative in Milwaukee, WI
      Recommend
      CEO Approval
      Business Outlook

      Pros

      -Overall the culture of the company is amazing. - Paid Vacation is amazing (none of that wait a year crap. You get vacation days as soon as you start) - Flexible schedule and very considerate of your work/life balance -Healthcare is basically free if you do the points program. -35 hour work weeks (7.5 hour days) - hour lunches - Cafe and lounges - Located downtown so fun places and restaurants to visit while on lunch. - Company Gym (very nice) - Pay is competitive

      Cons

      A few departments have a toxic culture because of management. Having to pay for monthly parking is annoying.

      1 person found this review helpful
    6. 4.0
      Current Employee, less than 1 year

      Good company, big changes

      Nov 17, 2020 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good teamwork, people and culture overall. Willing to invest in new projects and people

      Cons

      Too much technical debt, too many transformative efforts running parallel without proper planning

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    7. 5.0
      Current Employee, less than 1 year

      Best Company I've Worked For

      Dec 1, 2020 - Account Manager in Salt Lake City, UT
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Culture is encouraging and caring.

      Cons

      The industry as a whole is working to modernize

      1 person found this review helpful
    8. 3.0
      Former Employee, more than 3 years

      Great company but is lost

      Dec 19, 2019 - Specialist in Milwaukee, WI
      Recommend
      CEO Approval
      Business Outlook

      Pros

      As a whole, there's many positives: colleagues are great, company policies are very employee-friendly and they typically don't cheap out on things. The office is in a great location (and it's a nice office space) and typically there's good work-life balance. Their benefits would probably be as good as it gets anywhere.

      Cons

      MGIC looks like it wants to be a 2019 company but behind the scenes it's pretty 1985. Many in leadership have only ever worked there and haven't had much skill refresh. The management philosophy is to play it safe and be risk adverse, which is why the company is struggling. There's been layoffs steadily throughout the year, which they try to keep quiet. They rolled out a new product poorly and it caused big problems. Because no one ever leaves, there's no room for career growth.

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      5 people found this review helpful
    9. 4.0
      Current Employee, more than 1 year

      Good company to work for.

      Jun 18, 2020 - Contract Underwriter in Milwaukee, WI
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Management are helpful. Good pay. Benefits are good.

      Cons

      Contract work. Job time can be limited

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    10. 3.0
      Former Employee, more than 8 years

      Nice company

      May 21, 2020 - Claims Specialist in Milwaukee, WI
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Training and growth with good pay

      Cons

      No complaints Since downsizing can occur in different areas depending on the real estate market as would any industry

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    Viewing 1 - 10 of 62 Reviews

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