SBI Mutual Fund

Compensation & Benefits Intern

InternshipIn OfficeNavi Mumbai, Maharashtra3 months23K/mo8 openingsImmediate / Rolling

About this internship

SBI Mutual Fund is hiring a Compensation & Benefits Intern in Navi Mumbai — a hands-on, mentor-led internship built for students and 2026 freshers who want real exposure to compensation and benefits rather than a certificate-only programme. About the role As a Compensation & Benefits Intern at SBI…

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Skills you'll use

Compensation BenchmarkingSalary StructuresAdvanced ExcelBenefits AdministrationMarket SurveysCost ModellingData AnalysisConfidentialityReportingAttention to Detail

What you'll do

Work on benchmarking pay against the market and modelling what a change to a band would actually cost alongside the core team
Apply Compensation Benchmarking, Salary Structures, Advanced Excel, Benefits Administration 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 or Finance), B.Com/M.Com, B.Sc (Statistics) or Economics graduate
Graduating batch 2025, 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 Benchmarking, Salary Structures, Advanced Excel (or a genuine willingness to learn them)
Exposure to Benefits Administration, Market Surveys, Cost Modelling 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 Navi Mumbai, Maharashtra or willing to work from there for the internship period

Perks & benefits

Internship CertificateLetter of RecommendationMentorship from a named mentorLive project experienceExposure to professional tools and workflowsStructured onboarding and a formal mentor at a large, established employer

Interview & selection process

4 rounds — typical selection flow for this role:

1Application screening & resume shortlisting by the talent team
2Technical interview on fundamentals and your projects
3Practical assignment or case study with a short walkthrough
4HR discussion — stipend, start date, expectations and offer

About SBI Mutual Fund

SBI Mutual Fund operates in the asset & wealth management sector and has an active presence in Navi 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…

Visit SBI Mutual Fund’s official website ↗

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