
MGIC Investment Interview Questions
& Process
Real candidates share what happened, how many rounds they had,
and how the experience turned out.
Based on 13 interview experiences · FREE TO READ
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6 roles · 13 reportsCandidate interview experiences
First-hand accounts from people who interviewed at MGIC Investment.
Automation Analyst
The onsite interview had three parts: a chat with the hiring manager, then with team members, and finally with HR. The hiring manager asked good questions and seemed into it, but the team members were really quiet and seemed disengaged.
- The HR team really wanted to know how I handled change and had me do a personality test before the interview started.
Technology Services
The whole interview process spanned 3 months, and then it took another 3 months to hear back about the outcome. Everyone I met was great, and the questions were tough but made me think. The timeline was: I applied online, then 4 weeks later had an HR phone interview. Three weeks after that, I spoke with the hiring manager over the phone. Two weeks later, I did a 4+ hour in-person panel interview with different managers. Then, three weeks after that, I had a second 4+ hour in-person panel interview with some of the same managers again. When I asked about timelines after the second interview, they said it could be months before a decision because of vacations and other candidates. I took a job elsewhere that offered me a position in less than 10 days total. I didn't tell MGIC because I wanted them to at least let me know their decision. Over 3 months later with no word, I got an automated email saying they weren't offering me the job.
- Tell me about your management philosophies and how they align with the job's responsibilities.
- How do your management philosophies translate to the specific duties of this role?
- Can you discuss your leadership approach and critical thinking skills, drawing from your past experiences?
Quant Risk Analyst
I was interviewed by a senior risk analyst and a quant risk analyst for about 30 minutes each. They asked me basic questions about risk, finance, and behavior. It's been a week since then, and I haven't heard back, so I emailed them about the recruitment process. They told me they still need 'a few weeks to make a decision.' I find it unprofessional that they can't just reject me if that's the case. Apparently, all candidates from our major are in the same boat, with no feedback or updates for the next round. I heard they might even cancel the position. So, I definitely won't consider this company again.
- Can you explain what VaR is?
- What is credit risk?
- What is the difference between LMM and HW?
Software Developer
I met with three IT team members from MGIC at my school. They were all very friendly and engaging. First, I gave a presentation of my work. Then, the rest of the interview was pretty traditional: I answered some questions, asked some questions, and learned about the company. Even though another candidate was selected, it was one of the most enjoyable interviews I've had. The interviewers were approachable and masters in their fields, driven for growth. They valued company culture and spoke highly of management. The group was inviting, personable, competent, and professional. I hope to meet them again.
- How familiar are you with data management software such as Informatica?
MGIC Investment Interview Questions
Quoted word for word from MGIC Investment interview reports.
“What is credit risk?”
Read reports →“What is the approach to pricing a home index?”
Read reports →“What is the difference between LMM and HW?”
Read reports →“Can you explain greeks?”
Read reports →“Can you explain what VaR is?”
Read report →“Can you explain how you would model a non-linear curve?”
Read report →“Would you be okay with working an extra 10 hours a week?”
Read report →“Tell me about why you are interested in MGIC.”
Read report →“Can you tell me about your experience in mortgage underwriting?”
Read report →Formats, difficulty and experience
Across all 13 MGIC Investment interview reports.