Life Insurance Corporation of India

Compensation and Benefits Intern

InternshipHybridBhagalpur, Bihar6 months17K/mo5 openingsImmediate / Rolling

About this internship

Join Life Insurance Corporation of India in Bhagalpur as a Compensation and Benefits Intern. This entry-level internship is designed for students and recent graduates who learn best by building, shipping and getting real feedback on compensation and benefits work. About the role As a Compensation…

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Skills you'll use

Compensation & BenefitsSalary BenchmarkingAdvanced ExcelCTC StructuringStatutory Benefits (PF/ESI)Market SurveysHRMS DataData AnalysisConfidentialityReporting

What you'll do

Work on salary structures, benchmarking and benefits — where a rounding error is somebody’s take-home alongside the core team
Apply Compensation & Benefits, Salary Benchmarking, Advanced Excel, CTC Structuring to live, production-facing problems
Document your work clearly for reviewers and stakeholders
Participate in reviews and act on the feedback you receive
Collaborate across engineering, product, design or business as required
Follow the team's quality, testing and documentation standards

Who can apply

Pursuing or recently completed BBA/MBA (HR), B.A./M.A. (Psychology or Sociology), B.Com or any graduate
Graduating batch 2026 or 2027 — final-year students and recent graduates welcome
60% / 6.0 CGPA and above preferred; strong project work is considered alongside academics
Working knowledge of Compensation & Benefits, Salary Benchmarking, Advanced Excel (or a genuine willingness to learn them)
Exposure to CTC Structuring, Statutory Benefits (PF/ESI), Market Surveys is an advantage
Clear written and verbal communication in English, and care with detail in your work
No prior work experience required — this is a fresher-friendly internship
Based in Bhagalpur, Bihar or willing to work from there for the internship period

Perks & benefits

Mentorship from a named mentorLive project experienceExposure to professional tools and workflowsPre-Placement Offer (PPO) opportunityFlexible working hoursStructured onboarding and a formal mentor at a large, established employer

Interview & selection process

3 rounds — typical selection flow for this role:

1Application screening & resume shortlisting by the talent team
2Team-fit / behavioural interview with the team
3HR discussion — stipend, start date, expectations and offer

About Life Insurance Corporation of India

Life Insurance Corporation of India operates in the life insurance sector and has an active presence in Bhagalpur. Interns here are put on real work from the start, because the team's view is that the fastest way to learn a craft is to practise it under people who already do it well — not to watch…

Visit Life Insurance Corporation of India’s official website ↗

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