Magma HDI General Insurance is rated
3.5 out of 5 stars on
AmbitionBox, based on 6 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
Magma HDI General Insurance is rated
3.5 out of 5 stars on
AmbitionBox, based on 6 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.
We strive to keep our reviews 100% genuine. Employers cannot manipulate reviews.
6 reviews found
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Popular
Manager in
Kolkata
Full Time
·
General Insurance Department
3.0
Overall Rating
3.0
Category Ratings
1.0
Promotions/Appraisal
2.0
Skill Development
1.0
Company Culture
2.0
Work Satisfaction
3.0
Salary & Benefits
2.0
Job Security
2.0
Work-Life Balance
posted on 01 May 2024
Likes
We work 10 long year with magma hdi they use to treat each employee friendly you can reach to any one,now as the day passes it change completely
Dislikes
We have given our prime time to this company now they threat us as they don't require us
Work Details
Work days: Monday to Friday
(Flexible Timings)
Work related travel: This job involves
Travel Within Country.
Manager in
Mumbai
Full Time
·
General Insurance Department
4.0
Overall Rating
4.0
Category Ratings
3.0
Promotions/Appraisal
2.0
Skill Development
2.0
Company Culture
3.0
Work Satisfaction
3.0
Salary & Benefits
4.0
Job Security
4.0
Work-Life Balance
posted on 25 Jul 2024
Likes
It all depends on manager
Dislikes
Salary
Work Details
Work policy:
2 days/week from office
Work days: Monday to Friday
(Flexible Timings)
Work related travel: This job involves
Travel Within City.
We strive to keep our reviews 100% genuine. Employers cannot manipulate reviews.
Finance Manager in
Mumbai
Full Time
·
Finance Department
1.0
Overall Rating
1.0
Category Ratings
1.0
Promotions/Appraisal
1.0
Skill Development
1.0
Company Culture
1.0
Work Satisfaction
1.0
Salary & Benefits
1.0
Job Security
1.0
Work-Life Balance
posted on 08 Dec 2024
Likes
It is the worst company to work for. Please do not work here.
Dislikes
Worst Management, HR and Culture too. Lot of politics, favoritism and partiality. There is no appraisal system here.
Deputy Manager in
Bangalore / Bengaluru
Full Time
·
General Insurance Department
1.0
Overall Rating
1.0
Category Ratings
2.0
Promotions/Appraisal
1.0
Skill Development
1.0
Company Culture
1.0
Work Satisfaction
3.0
Salary & Benefits
1.0
Job Security
3.0
Work-Life Balance
posted on 09 Aug 2024
Likes
Only office timings
Dislikes
Apart from office timings, everything has gone bad
Work Details
Work days: Alternate Saturday off
(Strict Timings)
Work related travel: This job involves
Travel Within Country.
Deputy Manager in
Lucknow
Full Time
·
Legal Operations Department
4.0
Overall Rating
4.0
Category Ratings
3.0
Promotions/Appraisal
4.0
Skill Development
3.0
Company Culture
4.0
Work Satisfaction
3.0
Salary & Benefits
3.0
Job Security
4.0
Work-Life Balance
posted on 17 Jul 2024
Likes
Over all average
Dislikes
Saturday day working from office
Work Details
Work days: Monday to Saturday
(Strict Timings)
Work related travel: This job involves
Travel Within City.
Deputy Manager in
Mumbai
Full Time
·
General Insurance Department
5.0
Overall Rating
5.0
Category Ratings
4.0
Promotions/Appraisal
5.0
Skill Development
5.0
Company Culture
5.0
Work Satisfaction
5.0
Salary & Benefits
5.0
Job Security
5.0
Work-Life Balance
posted on 15 Jul 2024
Likes
Best place to work
Dislikes
Nothing
Work Details
Work days: Monday to Friday
(Strict Timings)
Work related travel: This job involves
Travel Within City.
Deputy Manager in
New Delhi
Full Time
·
General Insurance Department
5.0
Overall Rating
5.0
Category Ratings
3.0
Promotions/Appraisal
3.0
Skill Development
4.0
Company Culture
4.0
Work Satisfaction
3.0
Salary & Benefits
4.0
Job Security
4.0
Work-Life Balance
posted on 19 May 2024
Likes
Good Work Culture
Dislikes
Not hike timely
Deputy Manager in
Mumbai
Full Time
·
Internal audit Department
3.0
Overall Rating
3.0
Category Ratings
4.0
Promotions/Appraisal
3.0
Skill Development
3.0
Company Culture
3.0
Work Satisfaction
4.0
Salary & Benefits
5.0
Job Security
5.0
Work-Life Balance
posted on 18 Dec 2023
Likes
1. Excellent work life balance
2. HOD is friendly and jolly
3. HR leave policy & employee support
4. Friendly atmosphere in the company
5. Office timings only 8 hours (10 to 6)
6. Need basis WFH given
7. Providing IA related course memberships
8. Team outings
9. Learning exposure,but self start up basis
10. Lots of employee engaging activities and events are conducted for free in the office campus by management of brookfield property...Read More
Dislikes
1. The kurla office location is very inconvenient for western line people.Too much hectic and costly travel
2. No subsidised food in canteen.The prices are like a restuarant. Also, outside and near to the office area, there are almost no food options available
3. Employee engagement / fun activities taken by HR is very less. Cultureis poor as compared to other insurance industry.
4. Lots of attrition in the company and in the team.Also, the team size is very small compared to audit calendar
5. Vacant positions in the team are filled after a long gap
6. Mentoring is average especially for freshers and people from out of insurance field.
7. Annual performance bonus is not applicable for below manager position
8. Majority of functions and the top management have a very casual approach and are less interested towards audit.Some of the departments are least bothered in sharing data, proper responses, having meetings, timely closures etc.
9. There is a bit issue in getting exam leaves for professional courses even if it is for a week
10. No improvement in audit procedure and practices. Many unnecessary things are to be followed and performed while doing audits.
11. No audit tool,everything is manual
12. Poor quality and low specification laptop is provided to employees
13. 4th and 5th Saturdays are WFH...Read More
Work Details
Work timings: Flexible Timings
Work related travel: This job involves
Travel Within City.
Deputy Manager in
Mumbai
Full Time
·
General Insurance Department
2.0
Overall Rating
2.0
Category Ratings
1.0
Promotions/Appraisal
3.0
Skill Development
1.0
Company Culture
1.0
Work Satisfaction
1.0
Salary & Benefits
2.0
Job Security
2.0
Work-Life Balance
posted on 31 May 2022
Likes
Nothing pathetic superior
Dislikes
Pathetic superior bosses don't ever work under Nitesh Kapoor
Work Details
Pathetic
Work days: Monday to Saturday
(Strict Timings)
Work related travel: This job involves
Travel Within City.
Deputy Manager in
Mumbai
Full Time
·
Legal Operations Department
5.0
Overall Rating
5.0
Category Ratings
5.0
Promotions/Appraisal
5.0
Skill Development
5.0
Company Culture
5.0
Work Satisfaction
5.0
Salary & Benefits
5.0
Job Security
5.0
Work-Life Balance
posted on 29 Jul 2023
Likes
great company to start your career
Dislikes
no permanent work from home
Work Details
Work days: Alternate Saturday off
(Strict Timings)
Work related travel:This is a desk job.
Deputy Manager in
Bangalore / Bengaluru
Full Time
·
Other Department
2.0
Overall Rating
2.0
Category Ratings
2.0
Promotions/Appraisal
1.0
Skill Development
1.0
Company Culture
1.0
Work Satisfaction
4.0
Salary & Benefits
1.0
Job Security
3.0
Work-Life Balance
posted on 25 Sep 2023
Likes
Nothing to shared
Dislikes
Nothing to shared
Deputy Manager in
Korba
Full Time
·
Sales Support & Operations Department
5.0
Overall Rating
5.0
Category Ratings
4.0
Promotions/Appraisal
4.0
Skill Development
5.0
Company Culture
5.0
Work Satisfaction
4.0
Salary & Benefits
4.0
Job Security
5.0
Work-Life Balance
posted on 17 Jul 2023
Likes
Happy to working in MHDI family
Dislikes
NA
Work Details
Work days: Monday to Saturday
Other Magma HDI General Insurance Reviews
We strive to keep our reviews 100% genuine. Employers cannot manipulate reviews.
Assistant Sales Manager in
Kolkata
Full Time
·
General Insurance Department
5.0
Overall Rating
5.0
Category Ratings
3.0
Promotions/Appraisal
3.0
Skill Development
4.0
Company Culture
4.0
Work Satisfaction
3.0
Salary & Benefits
5.0
Job Security
3.0
Work-Life Balance
posted on 29 Aug 2024
Likes
Work culture
Dislikes
With my experience and hardworking that I had put in I was underpaid. Otherwise everything else here in the company is perfect as every single person from senior to junior is there to help .
Work Details
Work days: Monday to Friday
(Flexible Timings)
Work related travel:This is a desk job.
Senior Executive in
Kolkata
Full Time
·
General Insurance Department
3.0
Overall Rating
3.0
Category Ratings
3.0
Promotions/Appraisal
3.0
Skill Development
3.0
Company Culture
3.0
Work Satisfaction
3.0
Salary & Benefits
4.0
Job Security
3.0
Work-Life Balance
posted on 21 Aug 2024
Likes
The company provided a stable and secure work environment, ensuring long-term employment opportunities.
Dislikes
While I valued my time at the company, I felt there was limited room for growth and development, which motivated me to seek new opportunities.
Work Details
Work policy:
2 days/week from office
Work days: Alternate Saturday off
(Flexible Timings)
Work related travel:This is a desk job.
General Manager in
Mumbai
Full Time
·
Legal Operations Department
1.0
Overall Rating
1.0
Category Ratings
1.0
Promotions/Appraisal
1.0
Skill Development
1.0
Company Culture
1.0
Work Satisfaction
1.0
Salary & Benefits
1.0
Job Security
1.0
Work-Life Balance
posted on 24 May 2024
Likes
MHDI company is good to work subject to you are not working in TP Claims department. Your life will be miserable. National Head is headless person. He don't respect his colleagues. He work like psycho and he only prefers person who belongs to his caste and state. He doesn't have law knowledge as well as his man management skills are pathetic.
Dislikes
National Manager of TP Claims department is most corrupt person. Lots of fraud activity is taking place under his leadership. You have to work very vigilantly since there are high chances to falsely imply you in said fraud activity if you don't belong to his caste and community of National Head
Work Details
Work timings: Strict Timings
Work related travel: This job involves
Travel Within Country.
Head Business Human Resource in
Mumbai
Full Time
·
HR Business Advisory Department
5.0
Overall Rating
5.0
Category Ratings
5.0
Promotions/Appraisal
5.0
Skill Development
5.0
Company Culture
5.0
Work Satisfaction
5.0
Salary & Benefits
5.0
Job Security
5.0
Work-Life Balance
posted on 07 May 2024
Likes
Everything. It’s a great learning platform and growth platform. A lot employees have grown over the time. The culture has been very good and the CEO drives it. Respect has been the cornerstone for majority senior leaders here. It’s like working with friends and family. Hope we can Lee the culture the same way.
Dislikes
The organisation needs more clarity and unity of thoughts. Ownership is something as a team, they need to work on with specific timelines. Value in its people with respect is something which should be the cornerstone for this organisation.
Work Details
Work days: Alternate Saturday off
(Flexible Timings)
Work related travel: This job involves
Travel Within Country.
State Head in
New Delhi
Full Time
·
Administration Department
3.0
Overall Rating
3.0
Category Ratings
3.0
Promotions/Appraisal
3.0
Skill Development
3.0
Company Culture
3.0
Work Satisfaction
3.0
Salary & Benefits
3.0
Job Security
4.0
Work-Life Balance
posted on 11 Dec 2024
Likes
Work life balance
Dislikes
Leadership
Process issue
Assistant Manager in
Jaipur
Full Time
·
Marketing Department
2.0
Overall Rating
2.0
Category Ratings
1.0
Promotions/Appraisal
1.0
Skill Development
1.0
Company Culture
1.0
Work Satisfaction
2.0
Salary & Benefits
1.0
Job Security
3.0
Work-Life Balance
posted on 03 Dec 2024
Likes
ONLY SALARY REGULAR TIMELY
Dislikes
No Growth No Increment No Promotion
Senior Relationship Manager in
Karnal (working remotely)
Full Time
·
General Insurance Department
5.0
Overall Rating
5.0
Category Ratings
5.0
Promotions/Appraisal
5.0
Skill Development
5.0
Company Culture
5.0
Work Satisfaction
5.0
Salary & Benefits
5.0
Job Security
5.0
Work-Life Balance
posted on 02 Dec 2024
Likes
Excellent atmosphere
Dislikes
All is well no any issues
Branch Head in
Ludhiana
Full Time
·
Marketing Department
4.0
Overall Rating
4.0
Category Ratings
4.0
Promotions/Appraisal
5.0
Skill Development
4.0
Company Culture
4.0
Work Satisfaction
3.0
Salary & Benefits
5.0
Job Security
4.0
Work-Life Balance
posted on 01 Dec 2024
Likes
Operation team is very Good
Dislikes
Daily morning hurdle & app tracking for all sales team
Work Details
Work days: Monday to Friday
Work related travel: This job involves
Travel Within City.
Network Manager in
Mumbai
Full Time
·
IT Infrastructure Services Department
4.0
Overall Rating
4.0
Category Ratings
2.0
Promotions/Appraisal
1.0
Skill Development
2.0
Company Culture
3.0
Work Satisfaction
2.0
Salary & Benefits
5.0
Job Security
3.0
Work-Life Balance
posted on 28 Nov 2024
Likes
Leaders are supportive
Dislikes
No perks
Work Details
Work days: Monday to Friday
(Strict Timings)
Work related travel: This job involves
Travel Within Country.
People also ask about Magma HDI General Insurance's Managers
How is Magma HDI General Insurance to work for?
Magma HDI General Insurance is rated 3.5 out of 5, based on 6 reviews by employees on AmbitionBox.
Magma HDI General Insurance is known for Job Security which is rated at the top and given a rating of 3.4. However, Company culture is rated the lowest at 2.3 and can be improved. To know first hand how it is like to work at Magma HDI General Insurance read detailed reviews based on various job profiles, departments and locations in the reviews section.
How is the salary at Magma HDI General Insurance?
According to AmbitionBox ratings, Magma HDI General Insurance employees rate its salary and benefits as 3.2 out of 5. You can know more about Magma HDI General Insurance Salaries at AmbitionBox
How is the work culture at Magma HDI General Insurance?
Work culture is rated 2.3 at Magma HDI General Insurance by 6 employees. While job security is rated 3.4 and work-life balance is rated 3.4 at Magma HDI General Insurance. Read detailed reviews by employees of Magma HDI General Insurance on AmbitionBox.
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