Magma General Insurance Limited Tech Stack
General insurance provider with 70+ products across retail and commercial lines
Magma General Insurance operates a broad portfolio spanning motor, health, home, fire, engineering, liability, and marine products across India. The tech stack reveals a legacy analytics foundation (SAS Viya, R, SQL, Tableau, Power BI) coupled with enterprise CRM (Salesforce, Dynamics 365, Oracle), typical of an established carrier. Active projects cluster around three areas—fraud detection (proactive alerts, detection frameworks), claims automation (system development, SOP implementation), and pricing analytics (SAS Viya–based modeling)—signaling internal pain around fraud leakage and manual processing inefficiency. Hiring skews heavily toward analytics and finance leadership roles, consistent with efforts to operationalize fraud prevention and claims workflows.
Tech Stack 14 technologies
What Magma General Insurance Limited Is Building
◆Challenges
- High fraud prone areas
- Process gaps
- Lack of proactive fraud alerts
- Managing motor third party litigation
- Resource allocation
- Ticket-size maintenance
- Avoiding loss of gst input credit
- Tax litigation
- Managing cost escalation
- Detecting fraud and leakages
▲Active Projects
- Implementation of sops
- System automations
- Financial due diligence
- Pro-active fraud alerts development
- Claims system development
- Fraud detection framework
- Network empanelment strategy
- Automation of manual activities on sas viya
- Building pricing models on sas viya
- Preparation of performance dashboards
Hiring Activity
Department
Seniority
Notable leadership hires: Tax Lead
