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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MGIC Investment Chairman and CEO Curt S. Culver
Curt S. Culver
9 Ratings

14 Employee Reviews

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  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.


  2. "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

  3. "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.


  4. 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.


  5. "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.


  6. Helpful (2)

    "Struggling to change"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at MGIC Investment full-time

    Pros

    Good Benefits and Good Wellness program

    Cons

    Not many promotion opportunities especially for woman


  7. "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

  8. Helpful (4)

    "NO GROWTH"

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

    Pros

    Great coworkers, relaxed atmosphere, amazing benefits

    Cons

    No room for growth, AT ALL!


  9. "It's a job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Contract Underwriter in Jacksonville, FL
    Current Employee - Contract Underwriter in Jacksonville, FL
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at MGIC Investment (Less than a year)

    Pros

    Pays the bills. Flexible working arrangement. Support staff is friendly and helpful in the home office.

    Cons

    Unrealistic expectations for an 8 hour work day end up working more than 8 hours per day but fear contract will be cut so keep billing at 8 hours

    Advice to Management

    None this is how this industry is


  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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