SBI Life Insurance

Insurance & Actuarial Intern

InternshipHybridMangaluru, Karnataka6 months30K/mo3 openingsImmediate / Rolling

About this internship

SBI Life Insurance is hiring a Insurance & Actuarial Intern in Mangaluru. This is a hands-on, mentor-led BFSI internship built for students and 2026 freshers who want real exposure to how a insurance actually runs its numbers — not a certificate-only programme. About the role As a Insurance &…

Skills you'll use

Insurance FundamentalsActuarial BasicsMS ExcelStatisticsClaims AnalysisUnderwriting BasicsData AnalysisR / Python BasicsIRDAI RegulationsAnalytical Thinking

What you'll do

Support pricing support, claims analytics and policy data analysis alongside the core insurance team
Work in Excel and internal systems on live financial data
Prepare schedules, reconciliations and reports for senior review
Research companies, customers, products or regulations as required
Present analysis clearly in notes and decks for stakeholders
Follow documentation and control standards required in a regulated business

Who can apply

Pursuing or recently completed B.Sc (Statistics/Maths)/Actuarial Science/B.Com/MBA — 2026 freshers & final-year students welcome
Working knowledge of Insurance Fundamentals, Actuarial Basics, MS Excel (or a genuine willingness to learn them)
Strong numerical ability and comfort working in MS Excel
Care with detail and the discipline to document work properly
Clear written and verbal communication in English
Based in or willing to work from Mangaluru, Karnataka

Perks & benefits

Exposure to BFSI systems and reporting toolsPre-Placement Offer (PPO) opportunityFlexible working hoursNetworking with senior finance professionalsInternship Certificate

Interview & selection process

3 rounds — typical selection flow for this role:

1Application screening & resume shortlisting by the talent team
2Discussion with the hiring manager on the function and your fit
3HR discussion — stipend, start date, expectations and offer

About SBI Life Insurance

SBI Life Insurance is a insurance operating in India's banking and financial services sector, with an active presence in Mangaluru. Its work sits inside a regulated environment — which means interns here learn not just how a number is produced, but why it has to be produced that way, documented…

Visit SBI Life Insurance’s official website ↗

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