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Engaged Employer

Magma HDI General Insurance

3.8
based on 357 Reviews

Working at Magma HDI General Insurance

Company Summary

Overall Rating

3.8/5
based on 357 reviews
highly rated categories
27% above
industry average
highly rated categories
Critically rated for

Promotions/Appraisal

Work Policy
Work from office
Work from office
69% employees reported
Monday to Friday
Monday to Friday
42% employees reported
Flexible timing
Flexible timing
50% employees reported
Within city
Within city
43% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
Health insurance
19 employees reported
Job/Soft skill training
Job/Soft skill training
17 employees reported
Professional degree assistance
Professional degree assistance
4 employees reported
Cafeteria
Cafeteria
4 employees reported
View all benefits

About Magma HDI General Insurance

Founded in2012 (12 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersMumbai,Maharashtra, India
Office Locations
--
Websitemagmahdi.com
Primary Industry
Other Industries
Magma HDI General Insurance Co Ltd. is a joint venture between Magma Fincorp Ltd, Kolkata and HDI Global SE Germany.
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Magma HDI General Insurance Ratings

based on 357 reviews

Overall Rating

3.8/5
How AmbitionBox ratings work?
5
170
4
76
3
46
2
24
1
41

Category Ratings

3.7

Work-Life Balance

3.7

Job Security

3.6

Salary & Benefits

3.6

Company Culture

3.5

Skill Development

3.5

Work Satisfaction

3.3

Promotions/Appraisal

Magma HDI General Insurance is rated 3.8 out of 5 stars on AmbitionBox, based on 357 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Magma HDI General Insurance
based on 342 reviews
4.0
Rated by 35 Women
Rated 4.0 for Skill Development and 4.0 for Job Security
3.8
Rated by 307 Men
Rated 3.7 for Work-Life Balance and 3.6 for Job Security

Work Policy at Magma HDI General Insurance

based on 44 reviews in last 6 months
Work from office
69%
Hybrid
25%
Permanent work from home
6%

Magma HDI General Insurance Reviews

Top mentions in Magma HDI General Insurance Reviews

+ 5 more

Compare Magma HDI General Insurance with Similar Companies

Magma HDI General Insurance
ICICI Lombard General Insurance Company
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HDFC Ergo General Insurance
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Overall Rating
3.8/5
based on 357 reviews
3.7/5
based on 4.3k reviews
3.9/5
based on 2.3k reviews
4.0/5
based on 3.1k reviews
Highly Rated for
No highly rated category
No highly rated category
Skill development
Salary & Benefits
Job Security
Work-Life balance
Company culture
Critically Rated for
Promotion/Appraisals
Promotion/Appraisals
Work Satisfaction
No critically rated category
Promotion/Appraisals
Primary Work Policy
Work from office
69% employees reported
Work from office
83% employees reported
Work from office
79% employees reported
Work from office
64% employees reported
Rating by Women Employees
4.0
Good
rated by 35 women
3.5
Good
rated by 940 women
3.6
Good
rated by 365 women
3.8
Good
rated by 554 women
Rating by Men Employees
3.8
Good
rated by 307 men
3.8
Good
rated by 3.1k men
4.0
Good
rated by 1.8k men
4.0
Good
rated by 2.4k men
Job Security
3.7
Good
3.7
Good
3.7
Good
3.9
Good
View more

Magma HDI General Insurance Salaries

3.6
rated by 357 employees for salaries

Relationship Manager

(147 salaries)
Unlock
₹3.5 L/yr - ₹7.6 L/yr

Deputy Manager

(117 salaries)
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₹5.5 L/yr - ₹10.5 L/yr

Senior Relationship Manager

(73 salaries)
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₹5 L/yr - ₹7.8 L/yr

State Head

(37 salaries)
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₹9.1 L/yr - ₹28.5 L/yr

Senior Unit Sales Manager

(35 salaries)
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₹2.9 L/yr - ₹5.5 L/yr

Senior Executive Operations

(29 salaries)
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₹2.3 L/yr - ₹4 L/yr

Branch Head

(22 salaries)
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₹8 L/yr - ₹11 L/yr

General Manager

(22 salaries)
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₹14.5 L/yr - ₹32.5 L/yr

Management Trainee

(21 salaries)
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₹4 L/yr - ₹8.5 L/yr

Sales Manager

(20 salaries)
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₹3.3 L/yr - ₹7.3 L/yr

Magma HDI General Insurance Interview Questions

Interview Process at Magma HDI General Insurance

based on 8 interviews in last 1 year
Interview Experience
3.0
Average
Difficulty level
Easy
33%
Moderate
50%
Hard
17%

People are getting interviews through

based on 17 Magma HDI General Insurance interviews
Job Portal
29%
Referral
24%
Campus Placement
12%
Company Website
6%
*29% candidates got the interview through other sources
stats-bars
High confidence

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Magma HDI General Insurance FAQs

Magma HDI General Insurance Overview
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