MGIC Investment Reviews | Glassdoor

MGIC Investment Reviews

Updated April 21, 2017
14 reviews

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Current Employees

4.0
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Approve of CEO
MGIC Investment Chairman and CEO Curt S. Culver
Curt S. Culver
9 Ratings

14 Employee Reviews

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  1. "Underwriter"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Mortgage Underwriter in Jacksonville, FL
    Current Employee - Mortgage Underwriter in Jacksonville, FL
    Recommends
    Positive Outlook

    I have been working at MGIC Investment full-time (More than a year)

    Pros

    Work at home, great pay

    Cons

    Little paid time off for contract

    Advice to Management

    Great Company and Pay to work at home


  2. "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.

  3. "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


  4. "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.


  5. Helpful (1)

    "overall, pretty good"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Claims Examiner in Milwaukee, WI
    Current Employee - Claims Examiner in Milwaukee, WI
    Recommends
    Approves of CEO

    Pros

    Good base salary / clean and nice work environment

    Cons

    MGIC hires mostly people on contract with the lure that you might get hired. MGIC actual employees have great benefits & vacation - while on contract you get 1 day off every 400 hours worked. In other words that is 5 days a year and that includes sick time. Also Contract employees cannot use the gym.

    Advice to Management

    No complaints, overall management is very friendly.


  6. "I am having an enjoyable experience with MGIC."

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

    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 Management

    Pay attention to the employee suggestions.


  7. "Underwriter"

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

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

    Pros

    Great salry, benefits, stability and longevity. Company culture is great with excellent experienced people in place to facilitate success.

    Cons

    There are no negative comments at this time. The only thing I would comment about is that for those who are looking to advance, the opportunities are slim as most employees stay within their positions for many years.

    Advice to Management

    Management for the most part is very responsive and clearly identify expectations and job performance goals.

  8. "Good pay and excellent benefits."

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

    I have been working at MGIC Investment full-time

    Pros

    Management works hard to keep morale up.

    Cons

    Dealing with too many bosses.


  9. "The People"

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

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

    Pros

    The people are great at MGIC. Weather you are riding high or low on a particular day there is always someone to turn to for professional and personal to collaborate with on issues. Great benefits - maturing as a company in terms of technology, data and hiring and employee management. Pension - 401K - Profit Sharing - great Medical.

    Cons

    Sometimes the EGOs of upper management are to heavily involved finding solutions for business. Wondering if wanting to do good business and work for the company is the goal - or "winning" is the objective.

    Advice to Management

    Encourage candor and transparency during interdepartmental teams. Take the feedback from employee surveys very seriously.


  10. Helpful (1)

    "No room for growth. Great enviroment for the soon to be retired."

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

    Pros

    Great staff, as far as co-workers. .

    Cons

    Management needs to go back to school and take courses in new management styles. Company is doing great but would probably be doing better if new techniques of management are in place. No incentives and inferior personalities cause for lack of motivation for employees.

    Advice to Management

    Training should be more proactive intead of "by the way". No room for promotion, even if your manager leaves and you are the next qualified.


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