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Life Insurance Corporation of India logo — Life Insurance Corporation of India Insurance & Actuarial Intern at Life Insurance Corporation of India
Life Insurance Corporation of India

Insurance & Actuarial Intern

InternshipHybridThane, Maharashtra6 months44K/mo3 openingsImmediate / Rolling

About this internship

Life Insurance Corporation of India is hiring a Insurance & Actuarial Intern in Thane. 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…

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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 Thane, Maharashtra

Perks & benefits

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

Interview & selection process

4 rounds — typical selection flow for this role:

  1. 1Application screening & resume shortlisting by the talent team
  2. 2Excel / case-study exercise with a short walkthrough
  3. 3Discussion with the hiring manager on the function and your fit
  4. 4HR discussion — stipend, start date, expectations and offer

About Life Insurance Corporation of India

Life Insurance Corporation of India is a insurance operating in India's banking and financial services sector, with an active presence in Thane. 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…
Visit Life Insurance Corporation of India’s official website ↗

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