Policybazaar

Insurance & Actuarial Intern

InternshipHybridMadurai, Tamil Nadu2 months40K/mo1 openingImmediate / Rolling

About this internship

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

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 insurtech 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 Madurai, Tamil Nadu

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:

1Application screening & resume shortlisting by the talent team
2Discussion with the hiring manager on the function and your fit
3Group discussion or situational-judgement round
4HR discussion — stipend, start date, expectations and offer

About Policybazaar

Policybazaar is a insurtech operating in India's banking and financial services sector, with an active presence in Madurai. 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 that way…

Visit Policybazaar’s official website ↗

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