Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation, today announced the promotion of Michael “Mike” E. Jacobson to the role of Senior Vice President – Product Strategy.
Jacobson joined MGIC in 2018 as Vice President of Corporate Development and held the position of Vice President, Product Strategy in December 2019. Prior to joining MGIC, he started his career at Milliman where he developed his skills through roles of increasing responsibility in financial and client analysis. engagement, resulting in a director’s post.
“Mike’s promotion reflects the growing role of our Product Strategy team in helping us achieve our business goals, including defining and executing our pricing strategies, creating and managing credit enhancement solutions to meet serving clients, developing and executing our mortgage credit risk distribution strategies, and managing strategic relationships, ”said Sal Miosi, president and chief operating officer. “Mike’s expertise and approach to work are key assets as we position ourselves for continued success. I am delighted to continue working with him in his new role and congratulate him on his promotion. “
According to company documentation, MGIC serves lenders across the United States, Puerto Rico and other countries, “helping families access homeownership faster by making affordable, low-down mortgages. of funds a reality through the use of private mortgage insurance “.