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Magma General Insurance Limited

3.8

based on 406 Reviews

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Magma General Insurance Limited Reviews

Updated 28 Apr, 2025

Overall Rating

3.8/5

based on 406 reviews

On-Par with industry's average

know more

Category Ratings

3.7

Work-Life Balance

3.6

Job Security

3.6

Salary

3.5

Company Culture

3.5

Skill Development

3.5

Work Satisfaction

3.3

Promotions

What employees say about Magma General Insurance Limited?

Insights from employee reviews on AmbitionBox

Workplace insights

Work from office

73% employees reported

Monday to Friday

45% employees reported

Flexible timing

50% employees reported

Within city

43% employees reported

View more detailed insights

Gender based rating

3.8

Rated by Women

44 reviews

3.8

Rated by Men

347 reviews

Magma General Insurance Limited is rated 3.8 out of 5 stars on AmbitionBox, based on 406 company reviews.This rating reflects an average employee experience, indicating moderate sa... Read more

Detailed Magma General Insurance Limited Employee Reviews

Head Business Human Resource in Mumbai

Full Time

HR Business Advisory Department

5.0

posted on 07 May 2024

Work Details

Work days: Alternate Saturday off (Flexible Timings)

Work related travel: This job involves Travel Within Country.

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Top Mentions in Magma General Insurance Limited Reviews

Senior Management (42)

Work Culture (34)

Work Environment (26)

Career Growth (24)

Work Life Balance (22)

Salary (17)

406 reviews found

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Latest Magma General Insurance Limited Employee Reviews

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Senior Manager Claims in Mumbai

General Insurance

4.0

• posted on 28 Apr 2025

Likes:

Good work life balance

Dislikes:

Bonus is low in comparison to its peers

RM Health

Marketing

4.0

• posted on 05 Apr 2025

Likes:

Good company

Dislikes:

Apar management

Business Development Manager in Bengaluru

Sales Support & Operations

2.0

• posted on 27 Mar 2025

Likes:

My bonding with my team

Dislikes:

Gender discrimination for considering promotion and growth opport...

Read Magma General Insurance Limited Reviews based on designations

Relationship Manager in Aurangabad

Full Time

BD / Pre Sales Department

5.0

posted on 29 Apr 2025

Likes

Work Details

Work days: Monday to Friday (Flexible Timings)

Work related travel: This job involves Travel Within City.

You are reading trusted reviews. Keep reading to find out more about Magma General Insurance Limited.

Zonal Head Sales in Mumbai

Full Time

General Insurance Department

5.0

posted on 20 Mar 2025

Likes

Work Details

Work days: Monday to Friday (Flexible Timings)

Work related travel: This job involves Travel Within Country.

Relationship Manager in Hubli

Full Time

Retail & B2C Sales Department

5.0

posted on 13 Mar 2025

Work Details

Work days: Monday to Friday (Flexible Timings)

Work related travel: This job involves Travel Within City.

HR Assistant in Hyderabad / Secunderabad

Full Time

Recruitment & Talent Acquisition Department

5.0

posted on 07 Mar 2025

Work Details

Work days: Monday to Friday (Flexible Timings)

Work related travel: This is a desk job.

Top trending discussions

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Career Advice

a backend developer

4 months after layoff no job till now[Need Advice]

Experience - 6 months internship + 6 months full time (Backend dev) [well known fintech company] - Have a 90+ ATS resume score. - Solved 600+ LeetCode questions. - Hold a cloud certification. - Knowledgeable in HLD/LLD. - Have good project I’ve been reaching out to 50+ people daily for referrals and applying to 10–15 jobs every day It’s been over 100 days, yet I haven’t received a single interview or coding round—mainly due to my limited experience Any advice? I’ve considered open source, but most "help wanted" issues are either outdated or already done. Just adding documentation doesn't feel valuable unless I’ve used the application enough to suggest real improvements I’m giving myself one more month. If nothing works,I thought of quiting the corporate path and focus on competitive exams Not to brag, but I have strong aptitude skills and have achived recommedable rank in national/international coding comp, had top percentile in MHTCET The only path i can think of rn.

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Jobs at Magma General Insurance Limited

View All

Magma HDI General Insurance - Senior Unit Manager (3-5 yrs)

3 - 5 Yrs

Not Disclosed

Magma HDI General Insurance - Relationship Manager (2-4 yrs)

2 - 4 Yrs

Not Disclosed

Magma HDI General Insurance - Manager - Internal Audit (4-6 yrs)

4 - 6 Yrs

Not Disclosed

HQ - Mumbai,Maharashtra, India

Insurance

1k-5k Employees (India)

Financial Services

People also ask about Magma General Insurance Limited

Is Magma General Insurance Limited 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 406 employee reviews, it's clear that most employees have an average experience working at Magma General Insurance Limited. 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 General Insurance Limited’s employee rating compare to the industry average?

Magma General Insurance Limited’s employee rating of 3.8 out of 5 is consistent with the industry average of 3.8 out of 5 for companies within the Insurance sector. This alignment reflects that Magma General Insurance Limited’s employee satisfaction levels are on par with other companies in the industry, suggesting that the experiences and perceptions of Magma General Insurance Limited employees are similar to those of their peers in the sector.

Does Magma General Insurance Limited pay their employees well?

According to AmbitionBox reviews, Magma General Insurance Limited employees rate their salary and benefits at 3.6 out of 5, based on 406 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 General Insurance Limited salaries here and to read reviews specifically about salary and benefits at Magma General Insurance Limited, click here .

How is the work culture at Magma General Insurance Limited?

Work culture at Magma General Insurance Limited is rated 3.5 out of 5 by 406 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 General Insurance Limited, click here .

How is the job security at Magma General Insurance Limited?

Based on 406 reviews on AmbitionBox, Magma General Insurance Limited 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 General Insurance Limited. To read reviews about job security at Magma General Insurance Limited, click here .

Is work from home available at Magma General Insurance Limited?

According to AmbitionBox, 10% of Magma General Insurance Limited employees work from home permanently, 73% work from the office, and 17% follow a hybrid model, based on 62 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.

Magma General Insurance Limited Reviews by Locations

Magma General Insurance Limited Reviews by Designations

By reading the reviews on this page, you agree that they are (often anonymous) personal opinions and views of reviewers/users of AmbitionBox, which may be biased, and for this, AmbitionBox has no liability. If you believe that a review is inappropriate, please click on "Report" (shown as a flag) present below each review and our moderation team will look into it as soon as possible.

AmbitionBox has 406 Magma General Insurance Limited reviews submitted by Magma General Insurance Limited employees. Read reviews on salaries, working hours, work culture, office environment, and more to know if Magma General Insurance Limited is the right com...

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Magma General Insurance Limited Reviews

Magma General Insurance Limited Salaries in India

Assistant Manager 167 salaries	Unlock ₹3.7 L/yr - ₹8 L/yr
Relationship Manager 145 salaries	Unlock ₹3.5 L/yr - ₹8.3 L/yr
Deputy Manager 115 salaries	Unlock ₹5.4 L/yr - ₹11 L/yr
Senior Executive 106 salaries	Unlock ₹2.3 L/yr - ₹5 L/yr
Senior Relationship Manager 79 salaries	Unlock ₹4.7 L/yr - ₹7.8 L/yr