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3.8

based on 357 Reviews

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Magma HDI General Insurance Reviews

based on 357 reviews
Updated 16 Dec, 2024

Overall Rating

3.8/5
How AmbitionBox ratings work?

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.
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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.

Explore Reviews by Department

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3.9
 • 134 Reviews
3.5
 • 63 Reviews
3.5
 • 11 Reviews
2.5
 • 11 Reviews
4.3
 • 9 Reviews

357 reviews found

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Top Magma HDI General Insurance Interview Questions

Q1. How the Insurance works? Types of insurance
View answer (1)
Q2. Your Rituals & Religious Performance
View answer (1)
Q3. Experience in automobiles because I done diploma in Aut ... read more
View answer (1)
Q4. Third Party Losses In General Insurance And Fire losses ... read more
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Latest Magma HDI General Insurance Employee Reviews

View all
Top Management
5.0

  •  posted on 16 Dec 2024

Likes:
Dislikes:
Nothing
Administration
3.0

  •  posted on 11 Dec 2024

Likes:
Dislikes:
Leadership Process issue
Finance
1.0

  •  posted on 08 Dec 2024

Likes:
Dislikes:
Worst Management, HR and Culture too. Lot of politics, favor... read more
Marketing
2.0

  •  posted on 03 Dec 2024

Likes:
Dislikes:
No Growth No Increment No Promotion
General Insurance
5.0

  •  posted on 02 Dec 2024

Likes:
Dislikes:
All is well no any issues
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People also ask about Magma HDI General Insurance

Is Magma HDI General Insurance a good place to work for?
The experience of working at any company can vary based on factors like team, manager, role, company policy etc. However, with an overall rating of 3.8 out of 5 from over 357 employee reviews, it's clear that most employees have an average experience working at Magma HDI General Insurance. Work-Life balance holds the highest rating at 3.7, while career growth is rated the lowest amongst all factors at 3.3. Read reviews about work-life balance and career growth on AmbitionBox.
Does Magma HDI General Insurance pay their employees well?
According to AmbitionBox reviews, Magma HDI General Insurance employees rate their salary and benefits at 3.6 out of 5, based on 357 reviews. The rating reflects an average level of satisfaction among employees regarding compensation and benefits, indicating that while employees find the compensation and benefits acceptable, there is room for improvement in these areas. You can know more about Magma HDI General Insurance salaries here and to read reviews specifically about salary and benefits at Magma HDI General Insurance, click here.
How is the work culture at Magma HDI General Insurance?
Work culture at Magma HDI General Insurance is rated 3.6 out of 5 by 357 employees on AmbitionBox, indicating an average environment. Work culture encompasses aspects like collaboration, support, and overall employee satisfaction. The rating reflects that while some aspects of the work culture are satisfactory, there is room for improvement in certain areas. To read reviews specifically about work culture at Magma HDI General Insurance, click here.
How is the job security at Magma HDI General Insurance?
Based on 357 reviews on AmbitionBox, Magma HDI General Insurance employees rate job security at 3.7 out of 5. This average rating suggests that while many employees feel reasonably secure in their roles, there may be some concerns or uncertainties. To read reviews about job security at Magma HDI General Insurance, click here.
Is work from home available at Magma HDI General Insurance?
According to AmbitionBox, 6% of Magma HDI General Insurance employees work from home permanently, 69% work from the office, and 25% follow a hybrid model, based on 44 reviews in the last 6 months. This indicates an inclination for in-office work arrangements with fewer remote options. To read reviews specifically about work-life balance at Magma HDI General Insurance, click here.

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Work Policy at Magma HDI General Insurance

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Workplace policy may vary based on Department, Designation and Location.

based on 44 reviews in last 6 months

Work from office

Work from office

69%
Hybrid

Hybrid

25%

3 days/week from office

10%

Other hybrid work policies

9%

2 days/week from office

6%

Permanent work from home

Permanent work from home

6%

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

women
3.8
Rated by 307 Men

Rated 3.7 for Work-Life Balance and 3.6 for Job Security

men

Working Days at Magma HDI General Insurance

based on 357 reviews
Monday to Friday
42%
Alternate Saturday off
30%
Monday to Saturday
27%
Other
1%

Work Timings at Magma HDI General Insurance

based on 357 reviews
Flexible timing
Strict (10am - 6pm)
Strict (9.30am - 6.30pm)
50%
13%
7%
30% employees reported other strict timings

Shift Timings at Magma HDI General Insurance

based on 357 reviews
Day shift
Night shift
99%
1%

Business Travel at Magma HDI General Insurance

based on 357 reviews
Within city
43%
No travel
31%
Within country
24%
International travel
2%
Assistant Manager
157 salaries
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₹3.8 L/yr - ₹8.5 L/yr

Relationship Manager
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₹3.5 L/yr - ₹7.6 L/yr

Deputy Manager
117 salaries
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₹5.4 L/yr - ₹10.5 L/yr

Senior Executive
96 salaries
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₹2.3 L/yr - ₹5 L/yr

Senior Relationship Manager
73 salaries
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₹5 L/yr - ₹7.8 L/yr

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