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New India Assurance logo — New India Assurance Financial Risk Management Intern at New India Assurance
New India Assurance

Financial Risk Management Intern

InternshipHybridMumbai, Maharashtra3 months24K/mo3 openingsImmediate / Rolling

About this internship

Join New India Assurance in Mumbai as a Financial Risk Management Intern. This entry-level internship is designed for students and recent graduates who learn best by building, shipping and getting real feedback on financial and credit risk work. About the role As a Financial Risk Management Intern…

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Skills you'll use

Risk ModelingCredit Risk AnalysisBasel FrameworksStress TestingAdvanced ExcelSQLPython for Risk AnalyticsRegulatory ReportingPortfolio AnalyticsOperational Risk Controls

What you'll do

  • Work on measuring credit, market and operational risk against real portfolios alongside the core team
  • Apply Risk Modeling, Credit Risk Analysis, Basel Frameworks, Stress Testing 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 B.E./B.Tech, B.Sc/M.Sc (Statistics / Mathematics), BBA/MBA (Finance), CA or FRM candidates — 2026 freshers & final-year students welcome
  • Working knowledge of Risk Modeling, Credit Risk Analysis, Basel Frameworks (or a genuine willingness to learn them)
  • Strong fundamentals in your discipline and clear problem-solving ability
  • Care with detail and the discipline to document your work
  • Clear written and verbal communication in English
  • Based in or willing to work from Mumbai, Maharashtra

Perks & benefits

Mentorship from a named mentorLive project experienceExposure to professional tools and workflowsPre-Placement Offer (PPO) opportunityFlexible working hours

Interview & selection process

3 rounds — typical selection flow for this role:

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

About New India Assurance

New India Assurance operates in the general insurance sector and has an active presence in Mumbai. 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 it from a…
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