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Toffee Insurance logo — Toffee Insurance AI for Financial Services Intern at Toffee Insurance
Toffee Insurance

AI for Financial Services Intern

InternshipIn OfficeIndore, Madhya Pradesh4 months31K/mo10 openingsImmediate / Rolling

About this internship

Start your career in AI in banking and financial services with Toffee Insurance as an AI for Financial Services Intern in Indore. You will sit with a working team, use the same tools and systems they do, and own a defined piece of work from day one. About the role As an AI for Financial Services…

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Skills you'll use

PythonMachine LearningFraud & Anomaly DetectionCredit Risk BasicsSQLModel Explainability (SHAP)Regulatory AwarenessFeature EngineeringModel ValidationBusiness Communication

What you'll do

  • Work on applying AI to fraud, credit and customer problems where a wrong answer costs money alongside the core team
  • Apply Python, Machine Learning, Fraud & Anomaly Detection, Credit Risk Basics 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, MCA, M.Sc (Statistics / Data Science) or MBA (Finance / Analytics)
  • 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 Python, Machine Learning, Fraud & Anomaly Detection (or a genuine willingness to learn them)
  • Exposure to Credit Risk Basics, SQL, Model Explainability (SHAP) 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 Indore, Madhya Pradesh or willing to work from there for the internship period

Perks & benefits

Pre-Placement Offer (PPO) opportunityFlexible working hoursNetworking with senior professionalsInternship CertificateLetter of Recommendation

Interview & selection process

4 rounds — typical selection flow for this role:

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

About Toffee Insurance

Toffee Insurance operates in the insurtech sector and has an active presence in Indore. 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 distance. The…
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