intern

6 days ago

Pune, Maharashtra, India Principal Global Services Full time ₹ 25,00,000 - ₹ 50,00,000 per year
Responsibilities

Role: Actuarial – Internship

Are you looking for an opportunity to learn and hone your technical skills in actuarial research and calculations? If so, consider joining the principal internship program and provide actuarial services and support to the many different lines of business we have here

Projects and responsibilities vary based on business need.

  • Actuarial Modelling Projects – Assist in building and maintaining actuarial models for pricing, reserving, or capital modelling.
  • Updating experience studies – looking through our data to identify the frequency and severity of our claims across demographic groups. Findings directly affect the pricing of our products by setting assumptions based on both our internal experience and industry-wide experience.
  • Contribute to the development and enhancement of actuarial tools and processes.     Get hands on experience in technologies like SAS, R, Python, VBA, MG-ALFA etc. Understand why things are changing from projection to projection, allowing us to better analyse future performance from block to block.
  • Other responsibilities could include -identifying model elements most likely to be impacted by the economic environment, designing and running test scenarios, analysing results, and summarizing findings.
  • Conduct research on regulatory changes, industry trends, and actuarial best practices.
  • Collaborate with cross-functional teams such as underwriting, finance, and product development.

Benefits you'll receive through this internship:

  • Learn from and work with credentialed actuaries, including an assigned mentor.
  • Meaningful and challenging work at a company that values authenticity and encourages curiosity.
  • Small group meetings with Senior Actuarial Leadership.

Who You Are

  • Current enrolment at a college/university or completed degree with focused studies in actuarial science, statistics, mathematics or related majors
  • Ability to pass actuarial exams and a dedication to pursue credentials from from IAI, IFoA, SOA, or equivalent.
  • Knowledge of actuarial mathematics, including probability, statistics, numerical analysis and compound interest.
  • Proficiency in MS Excel; familiarity with actuarial tools like R, Python, SQL, or VBA is a plus.
  • Good communication and documentation skills.
  • Ability to work independently and manage time effectively.

Skills That Will Help You Stand Out

  • At least one actuarial exam completed and passed.
  • Knowledge of Excel, database, or actuarial modelling tools.
  • Prior internship or project experience in insurance or financial services.
  • Exposure to actuarial software (e.g., Prophet, Moses, GGY AXIS) is an advantage.
  • Understanding of insurance products and actuarial principles.

Our Internship Culture

You'll learn new skills with dedicated teams and mentors, build your professional network and collaborate across a global Fortune 500 company. We care about offering you diverse experiences and exciting challenges that push you to reach for bigger life goals, all while enjoying our flexibility and work life balance.

Qualifications
  • At least one actuarial exam completed and passed.
  • Should be graduate in 2026.

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