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Magma HDI General Insurance
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Filter reviews by Magma HDI General Insurance Reviews
Overall Rating
based on 382
reviews
3%
below industry's average
What employees say about Magma HDI General Insurance?
Insights from employee reviews on AmbitionBox
Workplace insights
Work from office
71% employees reported
Monday to Friday
43% employees reported
Flexible timing
50% employees reported
Within city
43% employees reported
View more detailed insights
Gender based rating
Rated by Women
37 reviews
Rated by Men
330 reviews
Magma HDI General Insurance is rated
3.8 out of 5 stars on
AmbitionBox, based on 382 company reviews.This rating
reflects an average employee experience, indicating moderate sa
...
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Latest Magma HDI General Insurance Employee Reviews
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Magma HDI General Insurance.
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Career Advice
1w
a procurement specialist
Am I on right path?
Right after my BCom, I took a service advisor role at Honda for ₹7K due to urgency. Later, I moved to a gas station for ₹10K, handling all kinds of work beyond office tasks.
My breakthrough came when I joined as an order management specialist in Bangalore for ₹22K. To advance, I self-learned Excel, Power BI, coding, and automation, earning a specialist role. I also completed my MBA in Logistics & Supply Chain online. After four years, my salary reached ₹35K.
With management’s support, I transitioned to a procurement specialist role at ₹45K + ₹11K (night shift), later growing to ₹58K + ₹11K by optimizing processes.
Now, I’m preparing for an HR round and planning to ask for a 55% hike. Am I on the right track? How can I accelerate my career growth?
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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 382 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.
How does Magma HDI General Insurance’s employee rating compare to the industry average?
Magma HDI General Insurance's employee rating of 3.8 out of 5 is below the industry average of 3.9 out of 5 for companies within the Insurance sector. This rating suggests that Magma HDI General Insurance faces some challenges in employee satisfaction compared to its industry peers. It indicates that while Magma HDI General Insurance performs relatively well, there may be specific areas where improvements could be made to better align with or exceed the industry standard.
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 382 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 3.5 out of 5 by 382 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 382 reviews on AmbitionBox, Magma HDI General Insurance employees rate job security at 3.6 out of 5. This lower rating indicates that a significant number of employees may have concerns about their job stability and the reliability of their roles at Magma HDI General Insurance. 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, 8% of Magma HDI General Insurance employees work from home permanently, 71% work from the office, and 21% follow a hybrid model, based on 54 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,
click here.
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Magma HDI General Insurance Reviews by Locations
- Magma HDI General Insurance Mumbai Reviews
- Magma HDI General Insurance Kolkata Reviews
- Magma HDI General Insurance Chennai Reviews
- Magma HDI General Insurance Hyderabad / Secunderabad Reviews
- Magma HDI General Insurance Bangalore / Bengaluru Reviews
- Magma HDI General Insurance Lucknow Reviews
- Magma HDI General Insurance New Delhi Reviews
- Magma HDI General Insurance Ahmedabad Reviews
- Magma HDI General Insurance Chandigarh Reviews
- Show more
Magma HDI General Insurance Reviews by Designations
- Magma HDI General Insurance Relationship Manager Reviews
- Magma HDI General Insurance Assistant Manager Reviews
- Magma HDI General Insurance Senior Relationship Manager Reviews
- Magma HDI General Insurance Senior Executive Reviews
- Magma HDI General Insurance Deputy Manager Reviews
- Magma HDI General Insurance Sales Manager Reviews
- Show more
|
Relationship Manager
146
salaries
|  ₹3.5 L/yr - ₹7.6 L/yr |
|
Deputy Manager
118
salaries
| ₹5.5 L/yr - ₹10.5 L/yr |
|
Senior Relationship Manager
83
salaries
| ₹5 L/yr - ₹7.3 L/yr |
|
State Head
39
salaries
| ₹9.5 L/yr - ₹28.5 L/yr |
|
Senior Unit Sales Manager
33
salaries
| ₹2.9 L/yr - ₹5.5 L/yr |
Office cab/shuttle
2 total
responses
International/On-site exposure
2 total
responses
Free meal
2 total
responses
Health insurance
19 total
responses
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