MGIC Investment Reviews | Glassdoor

MGIC Investment Reviews

Updated August 5, 2017
37 reviews

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37 Employee Reviews

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  1. "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.


  2. "Just so-so"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Director in Milwaukee, WI
    Former Employee - IT Director in Milwaukee, WI
    Approves of CEO

    Pros

    Relatively stable company to work for, have to admit

    Cons

    People stay there forever which causes lack of innovation

    Advice to Management

    Be more visionary

  3. 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.


  4. "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


  5. 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!


  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. "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

  8. Helpful (1)

    "Enjoyed my time for the most part until it was over."

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

    I worked at MGIC Investment full-time (More than 3 years)

    Pros

    Made good money as a consultant and was given a good amount of freedom initially. Co-workers were nice to work with for the most part.

    Cons

    Home office management respected home office personnel over the more talented and experienced group that they had in the field. Secretive and somewhat back handed management. Due to the company's steady decline the past few years, management seemed concerned with covering their own territories.

    Advice to Management

    If the company survives they don't need any advice.


  9. Helpful (2)

    "Nice place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Claims in Milwaukee, WI
    Former Employee - Claims in Milwaukee, WI
    Recommends
    No opinion of CEO

    Pros

    Great facilities, amazing programs for employees, clear communication, take the time to train employees, access to a great gym for employees

    Cons

    bad parking situation, hiring/promotion decisions somewhat political, questionable work/life balance for claims department vs other departments, lots of "dead weight" in employees that have been there forever

    Advice to Management

    keep in mind that people in claims are working extremely hard, realize that some of employees that have been with company forever are complacent and don't always work hard, make affordable parking options available to employees commuting from suburbs


  10. "Great Company, Great people"

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

    Pros

    A good management team with good midwestern values

    Cons

    located in milwaukee which is cold

    Advice to Management

    Don't change a thing


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