How many employees work at MGIC?
Mortgage Guaranty Insurance Corp. has approximately 546 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. MGIC’s total headcount has declined 7.9% from 592 employees in 2023 to 546 in 2026.
Is MGIC hiring right now?
Yes, MGIC is actively hiring. MGIC had 30 active job postings in 2026, a 3.3% decline from 2025 — see job openings & hiring trends.
About MGIC’s Workforce
Mortgage Guaranty Insurance Corp. is a Financial Services company that employs 546 people worldwide as of March 2026. It is the 11th-largest by headcount among its peers. Founded in 1957, the company is headquartered in Milwaukee, Wisconsin.
MGIC's workforce has declined 7.9% from 2023 to 2026, down 2.0% year over year in 2026. It fell to a low of 540 in 2025 Q4 before recovering. Its workforce is concentrated most in North America (94.3%), followed by Sub-Saharan Africa (1.9%) and Arab States (1.1%).
MGIC's functional groups are Finance and Operations (49.0%), Engineering (29.8%), and Sales and Marketing (21.2%), with Sales and Marketing growing fastest (up 1.1%). The average salary is $90,621, ranging from a median of $84,000 in North America to $4,000 in South Asia, up 3.0% year over year in 2026.
MGIC's active job postings fell 3.3% in 2026 to 30, with new postings per month cooling from 13 in 2023 to 9 in 2026.
Sourced from Revelio Labs workforce data.
- Headquarters
- Milwaukee, Wisconsin
- Founded
- 1957
- Industry
- Financial Services
- Employees
- 546
- YoY
- -2.0% (-9)
As of March 2026
MGIC workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for MGIC. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsMGIC Annual Employee Count (2023-2026)
- MGIC had 546 employees in 2026, a 2.0% decline (-9) from 2025.
- MGIC had 540 employees in 2025, a 1.9% decline (-19) from 2024.
- MGIC had 559 employees in 2024, a 1.2% decline (-22) from 2023.
- MGIC had 581 employees in 2023, a 3.7% decline (-40) from 2022.
MGIC's total workforce has grown from 540 employees in 2025 to 546 in 2026. MGIC's headcount peaked at 592 in 2023 before declining in 2025 and recovering through 2026.
Mortgage Guaranty Insurance Corp. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 546 | -9 | -2.0% |
| 2025 | Q4 | 540 | -19 | -1.9% |
| 2025 | Q3 | 543 | -20 | -2.4% |
| 2025 | Q2 | 552 | -27 | -2.2% |
| 2025 | Q1 | 555 | -17 | -0.8% |
| 2024 | Q4 | 559 | -22 | -1.2% |
| 2024 | Q3 | 563 | -24 | -1.2% |
| 2024 | Q2 | 579 | -13 | -0.4% |
| 2024 | Q1 | 572 | -31 | -2.8% |
| 2023 | Q4 | 581 | -40 | -3.7% |
| 2023 | Q3 | 587 | -32 | -4.4% |
| 2023 | Q2 | 592 | -28 | -5.5% |
See MGIC's complete headcount history, including quarterly breakdowns.
Get the DataMGIC Employee Count by Region (2026)
North America accounts for the largest share of MGIC's global workforce with approximately 94% of total employees, followed by Sub-Saharan Africa and Arab States.
MGIC employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 510 | 94.3% |
| Sub-Saharan Africa | 10 | 1.9% |
| Arab States | 6 | 1.1% |
| South Asia | 5 | 0.9% |
| Southeast Asia | 4 | 0.8% |
| Central America and the Caribbean | 4 | 0.7% |
| Western Europe | 1 | 0.1% |
| Pacific Islands | 0 | 0.1% |
| South America | 0 | 0.0% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataMGIC Employee Count by Department (2026)
MGIC's employee groups are Finance and Operations (49.0%), Engineering (29.8%), and Sales and Marketing (21.2%).
MGIC employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 264 | 49.0% |
| Engineering | 161 | 29.8% |
| Sales and Marketing | 115 | 21.2% |
Compare MGIC's department mix to industry peers.
See Full DataMGIC Employee Salary by Region (2026)
MGIC's average employee salary is $90,621 globally. Employees in North America receive the highest compensation. Pay is lowest in South Asia, at a median of $4,000.
MGIC median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $84,000 |
| Arab States | $32,000 |
| Sub-Saharan Africa | $6,000 |
| South Asia | $4,000 |
Unlock salary by role, level, and city — and compare to MGIC's industry peers.
Unlock Salary DataMGIC Job Openings and Hiring Trends (2023-2026)
- MGIC had 30 active job postings in 2026, a 3.3% decline (+8) from 2025.
- MGIC had 22 active job postings in 2025, a 44.4% increase (+8) from 2024.
- MGIC had 14 active job postings in 2024, a 33.3% increase (+4) from 2023.
- MGIC had 10 active job postings in 2023, a 129.8% decline from 2022.
- Hiring velocity in 2026: 9 new roles/month, down from 10 in 2025 and 9 in 2024.
MGIC's hiring is slowing: active job postings fell 3.3% in 2026 to 30, with new postings per month cooling from 13 in 2023 to 9 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataSimilar Companies
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Frequently Asked Questions About MGIC
- How fast is MGIC growing?
- In 2026, MGIC's headcount shrank 2.0% to 546 employees, down from 555 in 2025.
- See the full headcount history
- Where are MGIC employees located?
- Most MGIC employees are based in North America (94.3% of headcount), followed by Sub-Saharan Africa and Arab States.
- Explore where the workforce is based
- What is the average salary at MGIC?
- The average employee salary at MGIC is approximately $90.6k per year.
- Analyze the salary distribution
- How many new job postings does MGIC open per year?
- In Q1 2026, MGIC opened 27 new job postings. In 2025, MGIC opened 115 new job postings — about 10 per month.
- Track hiring trends by role
- When was MGIC founded and where is it headquartered?
- MGIC was founded in 1957 and is headquartered in Milwaukee, Wisconsin.
- Compare MGIC to industry peers
Speak with a workforce expert about MGIC.
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