Mortgage Guaranty Insurance: Latest Job Openings, Reviews and Ratings & Profile wise Salary Distribution

Mortgage Guaranty Insurance Careers & Info

Mortgage Guaranty Insurance Overview

Mortgage Guaranty Insurance Corporation (MGIC) sells private mortgage insurance in the United States. Founded in 1957 by Max Karl, it also provides lenders with underwriting and other services related to loans. A subsidiary of MGIC Investment Corporation, its home base is in Milwaukee, Wisconsin.

Karl was a real estate attorney who found that his customers had trouble finding financing for their new homes. Government-backed loans were difficult to obtain, so Karl saw the need for a private company that would insure their loans. He secured investors for his idea, and, in 2012, his company became the largest supplier of private mortgages in the United States.

Mortgage Guaranty Insurance Job Information

Mortgage Guaranty Insurance Corporation employs over 900 workers with more than 700 of these at the corporate headquarters in Milwaukee. The additional employees work from field offices throughout the United States and Puerto Rico. MGIC offers a very competitive benefits package that makes it an employer of choice. In addition to health insurance, continuing education, and financial and wellness programs, it has a very generous paid time-off program. As testament to its excellence, the company has received many awards including the prestigious Alfred P. Sloan Award for being an outstanding employer.

What jobs pay the most at Mortgage Guaranty Insurance?

Account Manager is the highest paying job at Mortgage Guaranty Insurance at $114,000 annually.