Graduate Fresher (Statistics / Math) - Goregaon (East) - Mumbai

Title: Actuarial Intern – Group Pricing Function: Actuarial Sub Function: Group Pricing Location: Goregaon (East), Mumbai Duration 3 to 6 Months Internship (extendable based on business requirements and performance) Eligibility Graduate / Final Year Student in Statistics, Mathematics, Actuarial Science, Economics, or related quantitative discipline Strong analytical and numerical aptitude Good working knowledge of MS Excel Candidates pursuing actuarial examinations will have an added advantage Purpose of the Role The incumbent will support the Group Pricing team in actuarial analysis, pricing reviews, profitability assessment, data analysis, reporting, and regulatory documentation. The internship will provide hands-on exposure to life insurance pricing methodologies and actuarial practices. Key Responsibilities Assist in pricing analysis for Group Insurance and Credit Life products. Support preparation of pricing models and actuarial calculations. Compile, analyze, and validate business data used in pricing exercises. Assist in profitability assessment and experience studies for group schemes. Support preparation of actuarial reports, presentations, and management MIS. Participate in market benchmarking and competitive product analysis. Assist in documentation required for product approvals and regulatory filings. Support data extraction, cleansing, reconciliation, and validation activities. Work with actuarial team members on ad hoc analytical assignments and projects. Maintain accuracy and confidentiality of actuarial and business data. Learning Opportunities The intern will gain exposure to: Group Life and Credit Life Product Pricing Insurance Product Design Profitability Analysis Risk Assessment Frameworks Regulatory and Compliance Requirements Actuarial Modelling Techniques Business Analytics and MIS Reporting Key Deliverables Timely completion of assigned pricing analyses Accurate data validation and reporting Support in preparation of pricing recommendations and business insights Development of actuarial and insurance domain knowledge