Employers directory
183 employers of actuaries in India.
Every life, general and health insurer, the reinsurers, the consultancies and Big 4, the global capability centres, KPOs, brokers, pension bodies and regulators that hire actuarial students and actuaries in India, with a link to each careers page and the roles open on S.MONK today.
Hiring actuaries? Your company page and job listings on S.MONK are free. Every applicant arrives screened, with papers cleared and a CV, and you hear about new ones once a day.
Life Insurance
Life insurance is where most Indian actuarial careers begin. The sector employs the largest number of actuaries in India, driven by IRDAI’s requirement for a qualified Appointed Actuary at every insurer. Roles span product pricing, reserving, experience studies, IFRS 17, capital management and ALM (asset-liability management). Mumbai is the dominant hub; Gurugram is second. Entry typically needs 2–3 IAI/IFoA papers, and most large insurers run a trainee intake each year.
Every life insurer licensed by IRDAI is listed, under the name it trades under in November 2026. A company that merged into another appears under the survivor.
0–1 papers Fresher: trainee roles often available
2–3 papers Analyst: standard entry
4–5 papers Senior Analyst: selective
5+ papers Manager+ / Fellows
Approximate minimums for entry-level actuarial roles, from the postings seen in 2025–26. Individual roles vary, so always read the current posting.
| # | Company | Entry | Focus Area | City | Website | Careers | Size | On S.MONK |
|---|---|---|---|---|---|---|---|---|
| 1 |
Acko LifePrivate life insurer (digital). Licensed 2023; life arm of the Acko digital insurance group. Small team for term-product pricing and valuation.
|
2–3 papers | Life Pricing | Bengaluru Mumbai |
Website | Careers | Small | — |
| 2 |
Aditya Birla Sun Life InsurancePrivate life insurer. Aditya Birla Capital and Sun Life Financial JV. Actuarial team covers pricing, valuation and reinsurance.
|
2–3 papers | Life Pricing | Mumbai | Website | Careers | Mid | — |
| 3 |
Ageas Federal LifePrivate life insurer. Ageas and Federal Bank JV (IDBI Bank exited). Actuarial team covers pricing, valuation and Ageas group reporting.
|
2–3 papers | Life Pricing | Mumbai | Website | Careers | Small | — |
| 4 |
Aviva IndiaPrivate life insurer. Aviva plc agreed in Jul 2026 to buy Dabur's 26% and own 100%. Small actuarial team for pricing, valuation and Aviva group reporting.
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2–3 papers | Life Valuation | Gurugram | Website | Careers | Small | — |
| 5 |
Axis Max LifePrivate life insurer. Max Financial Services and Axis Bank JV; renamed from Max Life in Dec 2024. Actuarial team does pricing, valuation and capital work.
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2–3 papers | Life Pricing | Gurugram New Delhi |
Website | Careers | Large | — |
| 6 |
Bajaj LifePrivate life insurer. 100% Bajaj Finserv after Allianz exit; renamed from Bajaj Allianz Life on 7 Oct 2025. Actuarial team in Pune does pricing and valuation.
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2–3 papers | Life Pricing | Pune | Website | Careers | Large | — |
| 7 |
Bandhan LifePrivate life insurer. Owned by Bandhan Financial Holdings since 2024 (formerly Aegon Life). Small actuarial team for pricing and valuation.
|
2–3 papers | Life Pricing | Mumbai | Website | Careers | Small | — |
| 8 |
Bharti LifePrivate life insurer. Now 100% owned by Bharti Life Ventures after AXA sold its 49%; still trades as Bharti AXA Life. Actuarial team covers pricing and valuation.
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2–3 papers | Life Pricing | Mumbai | Website | Careers | Small | — |
| 9 |
Canara HSBC LifePrivate life insurer. Canara Bank and HSBC Insurance JV. Actuarial team covers pricing, valuation and HSBC group reporting.
|
2–3 papers | Life Pricing | Gurugram | Website | Careers | Mid | — |
| 10 |
CreditAccess LifePrivate life insurer (micro-insurance focus). Licensed 2023; promoted by CreditAccess Group (microfinance). Small team pricing group credit-life and micro products.
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2–3 papers | Group Life Pricing | Bengaluru | Website | Careers | Small | — |
| 11 |
Edelweiss LifePrivate life insurer. Edelweiss Group and Tokio Marine JV; renamed from Edelweiss Tokio Life in Jun 2024. Actuarial team covers pricing and valuation.
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2–3 papers | Life Pricing | Mumbai | Website | Careers | Small | — |
| 12 |
Generali Central LifePrivate life insurer. Generali and Central Bank of India JV; renamed from Future Generali India Life in 2025. Actuarial team covers pricing and valuation.
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2–3 papers | Life Pricing | Mumbai | Website | Careers | Small | — |
| 13 |
Go Digit LifePrivate life insurer (digital). Licensed Jun 2023; sister company of Go Digit General Insurance (Fairfax-backed). Small team building pricing and valuation.
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2–3 papers | Life Pricing | Bengaluru Pune |
Website | Careers | Small | — |
| 14 |
HDFC LifePrivate life insurer. Subsidiary of HDFC Bank; absorbed Exide Life in 2022. Actuarial team covers pricing, valuation, IFRS/Ind AS reporting and experience studies.
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2–3 papers | Life Pricing | Mumbai | Website | Careers | Large | — |
| 15 |
ICICI Prudential LifePrivate life insurer. ICICI Bank and Prudential plc JV; listed. Actuarial team covers product pricing, valuation, embedded value and risk.
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2–3 papers | Life Valuation | Mumbai | Website | Careers | Large | — |
| 16 |
IndiaFirst LifePrivate life insurer. Promoted by Bank of Baroda with Union Bank of India and Carmel Point. Actuarial team covers pricing, valuation and group business.
|
2–3 papers | Life Pricing | Mumbai | Website | Careers | Small | — |
| 17 |
IndusInd Nippon LifePrivate life insurer. IndusInd International Holdings (51%) and Nippon Life (49%); renamed from Reliance Nippon Life in Dec 2025. Actuarial team does pricing and valuation.
|
2–3 papers | Life Valuation | Mumbai | Website | Careers | Mid | — |
| 18 |
Kotak LifePrivate life insurer. Wholly owned by Kotak Mahindra Bank; brand shortened to Kotak Life. Actuarial team handles pricing, valuation and group business.
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2–3 papers | Life Pricing | Mumbai | Website | Careers | Mid | — |
| 19 |
LICPSU life insurer. India's largest life insurer, statutory corporation under the LIC Act 1956; Actuarial Department at Central Office handles valuation, pricing and group schemes.
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4–5 papers | Life Valuation | Mumbai | Website | Careers | Large | — |
| 20 |
PNB MetLifePrivate life insurer. MetLife and Punjab National Bank JV. Actuarial team covers pricing, valuation and reporting to MetLife.
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2–3 papers | Life Pricing | Gurugram Mumbai |
Website | Careers | Mid | — |
| 21 |
Pramerica LifePrivate life insurer. Prudential Financial (US) and Piramal JV. Small actuarial team for pricing, valuation and reporting.
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2–3 papers | Life Pricing | Gurugram | Website | Careers | Small | — |
| 22 |
SBI LifePrivate life insurer. State Bank of India subsidiary; took over Sahara India Life's policies. Actuarial team covers pricing, valuation and group products.
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2–3 papers | Life Valuation | Mumbai | Website | Careers | Large | — |
| 23 |
Shriram LifePrivate life insurer. Shriram Group and Sanlam JV. Actuarial team at Hyderabad head office covers valuation, reporting and pricing.
|
0–1 papers | Life Valuation | Hyderabad | Website | Careers | Small | — |
| 24 |
SUD LifePrivate life insurer. Bank of India, Union Bank of India and Dai-ichi Life JV. Actuarial team covers pricing and valuation.
|
2–3 papers | Life Pricing | Mumbai | Website | Careers | Small | — |
| 25 |
Tata AIA LifePrivate life insurer. Tata Sons and AIA Group JV. Actuarial team covers pricing, valuation, IFRS 17 reporting for AIA and experience analysis.
|
2–3 papers | Life Valuation | Mumbai | Website | Careers | Large | — |
No companies match your search in this category.
General Insurance
General insurance is growing fast and still short of actuaries. Motor, health, property, crop and liability business is a smaller actuarial market in India than life, which means less competition for roles and a salary premium for people who specialise in it. Roles centre on pricing (GLMs are standard), IBNR reserving, catastrophe modelling and product filings. Python, R and SQL count for more here than in life insurance.
Every general insurer licensed by IRDAI, including the four public-sector companies and the two specialised insurers (crop and export credit).
0–1 papers Fresher: trainee roles often available
2–3 papers Analyst: standard entry
4–5 papers Senior Analyst: selective
5+ papers Manager+ / Fellows
Approximate minimums for entry-level actuarial roles, from the postings seen in 2025–26. Individual roles vary, so always read the current posting.
| # | Company | Entry | Focus Area | City | Website | Careers | Size | On S.MONK |
|---|---|---|---|---|---|---|---|---|
| 1 |
Acko General InsurancePrivate general insurer. Digital general insurer. Actuarial and pricing teams work on motor, health and embedded products with heavy use of data science.
|
2–3 papers | Motor & Health Pricing | Bengaluru Mumbai |
Website | Careers | Mid | 1 open |
| 2 |
Agriculture Insurance Company of IndiaSpecialised insurer. Government-owned crop insurer (PMFBY, weather-index cover). Recruited a contractual Appointed Actuary in 2026.
|
5+ papers | Crop Insurance | New Delhi | Website | Careers | Small | — |
| 3 |
Bajaj General InsurancePrivate general insurer. Renamed Oct 2025 after Allianz sold its 26% stake; now owned by the Bajaj group. Pune actuarial team covers pricing, reserving and capital.
|
2–3 papers | GI Pricing & Reserving | Pune Mumbai |
Website | Careers | Large | — |
| 4 |
Cholamandalam MS GeneralPrivate general insurer. JV of Murugappa Group and Mitsui Sumitomo. Chennai actuarial team handles motor, health and commercial pricing and reserving.
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2–3 papers | GI Pricing & Reserving | Chennai | Website | Careers | Mid | — |
| 5 |
ECGCSpecialised insurer. Government-owned export credit insurer. Small actuarial function for credit-risk pricing, reserving and solvency.
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4–5 papers | Credit Insurance | Mumbai | Website | Careers | Small | — |
| 6 |
Generali Central InsurancePrivate general insurer. Renamed 2025 from Future Generali India Insurance; Generali Group JV with Central Bank of India. Mumbai team for pricing and reserving.
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2–3 papers | GI Pricing & Reserving | Mumbai | Website | Careers | Mid | — |
| 7 |
Go Digit General InsurancePrivate general insurer. Listed digital general insurer backed by Fairfax. Bengaluru actuarial team covers motor and health pricing, reserving and valuation.
|
2–3 papers | GI Pricing & Reserving | Bengaluru Pune |
Website | Careers | Mid | — |
| 8 |
HDFC ERGOPrivate general insurer. HDFC Bank subsidiary with ERGO (Munich Re group) as partner. Actuarial team handles retail health, motor and commercial pricing and reserving.
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2–3 papers | GI Pricing & Reserving | Mumbai | Website | Careers | Large | — |
| 9 |
ICICI LombardPrivate general insurer. Largest private general insurer; absorbed Bharti AXA General in 2021. Actuarial work spans motor, health and commercial pricing, reserving, IFRS.
|
2–3 papers | GI Pricing & Reserving | Mumbai | Website | Careers | Large | — |
| 10 |
IFFCO-TokioPrivate general insurer. JV of IFFCO and Tokio Marine. Gurugram actuarial team covers motor, crop, health and commercial pricing and reserving.
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2–3 papers | GI Pricing & Reserving | Gurugram | Website | Careers | Mid | — |
| 11 |
IndusInd General InsurancePrivate general insurer. Renamed from Reliance General (effective Sep 2025) after Hinduja group's IIHL bought Reliance Capital. Mumbai team for pricing and reserving.
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2–3 papers | GI Pricing & Reserving | Mumbai | Website | Careers | Large | — |
| 12 |
Kiwi GeneralPrivate general insurer. Licensed by IRDAI Mar 2026; WestBridge Capital JV with ex-Tata AIG CEO Neelesh Garg. Launched private motor cover; building actuarial team.
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4–5 papers | Motor Pricing | Bengaluru | Small | — | ||
| 13 |
Kshema GeneralPrivate general insurer. Licensed 2023; crop and rural-focused insurer. Appointed Actuary leads pricing, reserving and catastrophe modelling in Hyderabad.
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2–3 papers | Crop & Cat Modelling | Hyderabad | Website | Careers | Small | — |
| 14 |
Liberty GeneralPrivate general insurer. Liberty Mutual raised its stake to 74% in May 2026; Enam holds 26%. Mumbai actuarial team prices motor, health and commercial lines.
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2–3 papers | GI Pricing & Reserving | Mumbai | Website | Careers | Small | — |
| 15 |
Magma GeneralPrivate general insurer. Formerly Magma HDI. IRDAI approved a Patanjali Ayurved-led takeover (with DS Group) in Jul 2026; seller was Adar Poonawalla's Senoti.
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2–3 papers | GI Pricing & Reserving | Kolkata Mumbai |
Website | Careers | Small | — |
| 16 |
National InsurancePSU general insurer. Government-owned general insurer headquartered in Kolkata. Actuarial department covers reserving, pricing and solvency.
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2–3 papers | GI Reserving | Kolkata | Website | Careers | Small | — |
| 17 |
Navi GeneralPrivate general insurer. Sachin Bansal's Navi group bought DHFL General in 2020. Small digital book (health, motor); actuarial work in Bengaluru.
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2–3 papers | Health & Motor Pricing | Bengaluru | Website | Careers | Small | — |
| 18 |
New India AssurancePSU general insurer. Largest general insurer and a domestic systemically important insurer (FY26). In-house actuarial department in Mumbai.
|
2–3 papers | GI Reserving | Mumbai | Website | Careers | Mid | — |
| 19 |
Oriental InsurancePSU general insurer. Government-owned general insurer headquartered in New Delhi. Actuarial department handles reserving, pricing and solvency reporting.
|
2–3 papers | GI Reserving | New Delhi | Website | Careers | Small | 3 open |
| 20 |
ProTec GeneralPrivate general insurer. Licensed by IRDAI Jul 2026; Mumbai-registered, backed by the M Pallonji group. Building its leadership and actuarial team.
|
4–5 papers | GI Pricing | Mumbai | Website | Careers | Small | — |
| 21 |
Raheja QBEPrivate general insurer. QBE became 100% owner in Jul 2026 after buying Prism Johnson's 51%; being renamed under the QBE brand. Small Mumbai actuarial team.
|
4–5 papers | Commercial Lines Pricing | Mumbai | Website | Careers | Small | — |
| 22 |
Royal SundaramPrivate general insurer. Sundaram Finance group insurer with Ageas as major shareholder. Chennai actuarial team covers retail and commercial pricing and reserving.
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2–3 papers | GI Pricing & Reserving | Chennai | Website | Careers | Mid | — |
| 23 |
SBI GeneralPrivate general insurer. Subsidiary of State Bank of India. Mumbai actuarial team prices bancassurance-led health, motor and property lines and runs reserving.
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2–3 papers | GI Pricing & Reserving | Mumbai | Website | Careers | Mid | — |
| 24 |
Shriram GeneralPrivate general insurer. Shriram group and Sanlam JV with a motor-heavy book. Head office and actuarial team in Jaipur.
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2–3 papers | Motor Pricing | Jaipur | Website | Careers | Small | — |
| 25 |
Tata AIGPrivate general insurer. JV of Tata Group and AIG. Mumbai actuarial team covers motor, health and commercial lines pricing, reserving and reinsurance.
|
2–3 papers | GI Pricing & Reserving | Mumbai | Website | Careers | Large | — |
| 26 |
United India InsurancePSU general insurer. Government-owned general insurer headquartered in Chennai. Actuarial department handles reserving, pricing and solvency.
|
2–3 papers | GI Reserving | Chennai | Website | Careers | Small | — |
| 27 |
Universal SompoPrivate general insurer. JV of Indian Bank, Indian Overseas Bank, Karnataka Bank, Dabur and Sompo Japan. Mumbai actuarial team covers crop, health and motor.
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2–3 papers | GI Pricing & Reserving | Mumbai | Website | Careers | Mid | — |
| 28 |
Zuno GeneralPrivate general insurer. Edelweiss group digital insurer, renamed from Edelweiss General Insurance in 2022. Mumbai actuarial team for motor and health pricing.
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2–3 papers | Motor & Health Pricing | Mumbai | Website | Careers | Small | — |
| 29 |
Zurich Kotak GeneralPrivate general insurer. Zurich Insurance holds 70% since 2024, Kotak Mahindra Bank the rest. Mumbai actuarial team covers motor, health and commercial lines.
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2–3 papers | GI Pricing & Reserving | Mumbai | Website | Careers | Mid | — |
No companies match your search in this category.
Standalone Health
Standalone health insurance is the fastest-growing segment. The sector has expanded sharply since 2020 and actuarial demand has grown with it. Pricing of individual, group and critical-illness products is the main actuarial function; benefit design, experience analysis and rate revisions keep the teams busy all year. The standalone health insurers are few, so these are small, visible teams.
Standalone health insurers are IRDAI-licensed companies that write only health business. Each has its own Appointed Actuary.
0–1 papers Fresher: trainee roles often available
2–3 papers Analyst: standard entry
4–5 papers Senior Analyst: selective
5+ papers Manager+ / Fellows
Approximate minimums for entry-level actuarial roles, from the postings seen in 2025–26. Individual roles vary, so always read the current posting.
| # | Company | Entry | Focus Area | City | Website | Careers | Size | On S.MONK |
|---|---|---|---|---|---|---|---|---|
| 1 |
Aditya Birla Health InsuranceStandalone health insurer. Aditya Birla Capital and Momentum Metropolitan JV. Actuarial team covers health pricing, reserving and wellness-product analytics.
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2–3 papers | Health Pricing | Mumbai | Website | Careers | Mid | — |
| 2 |
Care HealthStandalone health insurer. Religare Enterprises subsidiary (formerly Religare Health). Actuarial team covers retail and group health pricing and reserving.
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2–3 papers | Health Pricing | Gurugram | Website | Careers | Mid | — |
| 3 |
Galaxy HealthStandalone health insurer. Licensed Mar 2024; promoted by Star Health founder V. Jagannathan. Small new team for health pricing and reserving.
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2–3 papers | Health Pricing | Chennai | Website | Careers | Small | — |
| 4 |
ManipalCignaStandalone health insurer. Manipal Group (51%) and Cigna (49%) JV; LIC stake talks reported 2024-25, not confirmed closed. Team does health pricing and reserving.
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2–3 papers | Health Pricing | Mumbai | Website | Careers | Small | — |
| 5 |
Narayana Health InsuranceStandalone health insurer. Licensed Jan 2024; wholly owned by Narayana Hrudayalaya (hospital-led insurer, Aditi plan). Small team for health pricing.
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2–3 papers | Health Pricing | Bengaluru | Website | Careers | Small | — |
| 6 |
Niva BupaStandalone health insurer. Bupa-controlled, listed 2024 (formerly Max Bupa). Actuarial team covers health pricing, reserving and Bupa group reporting.
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2–3 papers | Health Pricing | Gurugram | Website | Careers | Mid | — |
| 7 |
Prudential Health IndiaStandalone health insurer. New 2026 entrant: Prudential plc (70%) and HCL Group (30%); IRDAI registration Jul 2026, operations from Aug 2026. Building a health actuarial team.
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0–1 papers | Health Pricing | Mumbai | Website | Careers | Small | — |
| 8 |
Star HealthStandalone health insurer. India's largest standalone health insurer; listed. Actuarial team covers health pricing, reserving (IBNR) and claims analytics.
|
2–3 papers | Health Pricing | Chennai | Website | Careers | Mid | — |
No companies match your search in this category.
Reinsurance
Reinsurance offers the most international exposure in India. Working for a global reinsurer from an Indian office usually means working on global portfolios. Roles typically need 4+ papers and some experience, and pay 15–25% above the equivalent life-insurance role. GIC Re is the national reinsurer; Valueattics Re, licensed in 2025, is the first private Indian reinsurer; the foreign reinsurance branches in Mumbai write both life and non-life business.
0–1 papers Fresher: trainee roles often available
2–3 papers Analyst: standard entry
4–5 papers Senior Analyst: selective
5+ papers Manager+ / Fellows
Approximate minimums for entry-level actuarial roles, from the postings seen in 2025–26. Individual roles vary, so always read the current posting.
| # | Company | Entry | Focus Area | City | Website | Careers | Size | On S.MONK |
|---|---|---|---|---|---|---|---|---|
| 1 |
Allianz Commercial IndiaForeign reinsurance branch. IRDAI-registered Mumbai reinsurance branch of Allianz's commercial-lines arm (AGCS), now trading as Allianz Commercial.
|
4–5 papers | Commercial Re Pricing | Mumbai | Website | Careers | Small | — |
| 2 |
Allianz Jio ReIndian reinsurer. 50:50 JV of Jio Financial Services and Allianz; licensed Mar 2026, CEO Sonia Rawal. Writes life and non-life treaty and facultative business.
|
4–5 papers | Reinsurance Pricing | Mumbai | Website | Careers | Small | — |
| 3 |
AXA XL IndiaCaptive of a global P&C insurer. AXA XL's India centre; pricing, reserving, reserve risk, capital modelling and actuarial financial reporting.
|
2–3 papers | P&C Reserving & Capital | Gurugram Bengaluru |
Website | Careers | Large | 1 open |
| 4 |
FM IndiaForeign reinsurance branch. IRDAI-registered Bengaluru reinsurance branch of US mutual FM, which specialises in commercial property risk.
|
4–5 papers | Property Re Pricing | Bengaluru | Website | Careers | Small | — |
| 5 |
Gen Re IndiaForeign reinsurance branch. IRDAI-registered Mumbai branch of Berkshire Hathaway's Gen Re; focus on life and health reinsurance pricing and underwriting.
|
4–5 papers | Life & Health Re Pricing | Mumbai | Website | Careers | Small | — |
| 6 |
GIC ReIndian reinsurer. State-owned national reinsurer and a domestic systemically important insurer. Actuarial team does treaty pricing, reserving and IFRS 17.
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2–3 papers | Reinsurance Pricing | Mumbai | Website | Careers | Mid | 1 open |
| 7 |
Hannover Re IndiaForeign reinsurance branch. IRDAI-registered Mumbai branch of Hannover Re; actuarial staff price life, health and P&C treaties for the Indian market.
|
2–3 papers | Life & Health Re Pricing | Mumbai | Website | Careers | Small | — |
| 8 |
Korean Re IndiaIFSC reinsurance branch. IFSCA-licensed (not IRDAI) branch in GIFT City, opened Jan 2026, operating from Apr 2026. Small team; no actuarial posting found.
|
5+ papers | Reinsurance Pricing | Gandhinagar (GIFT City) | Website | Careers | Small | — |
| 9 |
Lloyd's IndiaLloyd's India. IRDAI-registered Lloyd's platform in Mumbai through which syndicates write Indian reinsurance; Lloyd's IFSC in GIFT City authorised Mar 2026.
|
5+ papers | Specialty Re | Mumbai | Website | Careers | Small | — |
| 10 |
MAPFRE Re India (GIFT City)reinsurer branch, GIFT City. Mid-level life, accident and health actuary doing independent pricing and risk analysis for APAC treaties from GIFT City.
|
5+ papers | L&H reinsurance pricing | Gandhinagar (GIFT City) | Website | Careers | Small | — |
| 11 |
Markel (Lloyd's India)Lloyd's India syndicate. Service company for Markel Syndicate 3000 on the Lloyd's India platform in Mumbai; listed by IRDAI among reinsurer branches.
|
5+ papers | Specialty Re | Mumbai | Website | Careers | Small | — |
| 12 |
Munich Re IndiaForeign reinsurance branch. IRDAI-registered branch of Munich Re. Mumbai actuarial team prices life, health and P&C treaties for Indian cedants.
|
4–5 papers | Reinsurance Pricing | Mumbai | Website | Careers | Mid | — |
| 13 |
RGA IndiaForeign reinsurance branch. IRDAI-registered Mumbai branch of RGA (life and health reinsurance); RGA also runs a large Mumbai services centre with actuarial roles.
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2–3 papers | Life Re Pricing | Mumbai | Website | Careers | Large | — |
| 14 |
SCOR IndiaForeign reinsurance branch. IRDAI-registered Mumbai branch of SCOR covering life and P&C treaties; actuarial staff price and reserve Indian business.
|
0–1 papers | Life & Health Re Pricing | Mumbai | Website | Careers | Small | 1 open |
| 15 |
Swiss Re IndiaForeign reinsurance branch. IRDAI-registered Mumbai branch; Swiss Re's Bengaluru hub hires many pricing, reserving and valuation actuaries for global teams.
|
2–3 papers | Reinsurance Pricing | Mumbai Bengaluru, Mumbai |
Website | Careers | Large | 1 open |
| 16 |
Valueattics ReIndian reinsurer. First private Indian reinsurer, recognised by IRDAI from 1 Apr 2025. Small actuarial team for treaty pricing and reserving.
|
4–5 papers | Reinsurance Pricing | Bengaluru | Website | Careers | Small | — |
No companies match your search in this category.
Consulting & Big 4
Consulting offers breadth, variety and faster progression. Consulting actuaries work for several clients at once: IFRS 17, valuations, pricing reviews, employee-benefit valuations, regulatory submissions, M&A due diligence and model validation. The learning curve is steep and the hours longer, but the exposure is unmatched. Most firms prefer 3+ papers and weigh communication heavily. Milliman and WTW are the largest pure actuarial consultancies in India; EY, KPMG, PwC and Deloitte run large actuarial practices serving insurers in India and abroad.
India’s independent actuarial firms (K. A. Pandit, est. 1943, Thanawala and others) are listed with the global consultancies and the Big 4. Recruitment agencies are never listed: every entry here employs actuaries itself.
0–1 papers Fresher: trainee roles often available
2–3 papers Analyst: standard entry
4–5 papers Senior Analyst: selective
5+ papers Manager+ / Fellows
Approximate minimums for entry-level actuarial roles, from the postings seen in 2025–26. Individual roles vary, so always read the current posting.
| # | Company | Entry | Focus Area | City | Website | Careers | Size | On S.MONK |
|---|---|---|---|---|---|---|---|---|
| 1 |
4most IndiaGlobal actuarial consultancy. UK risk analytics consultancy; Bengaluru office is building an offshore actuarial practice for UK insurers.
|
2–3 papers | Actuarial Offshoring | Bengaluru | Website | Careers | Small | — |
| 2 |
Acies ConsultingIndian actuarial consultancy. Mumbai risk and actuarial consultancy; insurance actuarial work plus ALM, ERM and model risk for banks and insurers.
|
0–1 papers | Actuarial & Risk Consulting | Mumbai Goa |
Website | Careers | Mid | — |
| 3 |
Actuaria ConsultantsIndian actuarial consultancy. Actuarial and insurtech consulting LLP.
|
2–3 papers | Actuarial Consulting | New Delhi Mumbai |
Website | Careers | Small | — |
| 4 |
Actuarial Analytics & Risk Consultants (AARC)Indian actuarial consultancy. Practice of Yogita Arora (Principal & Consulting Actuary), who is also appointed actuary of ECGC; health, GI and life work.
|
4–5 papers | GI & Health Consulting | Mumbai | Small | — | ||
| 5 |
Ankolekar & CoIndian actuarial consultancy. Mumbai practice of consulting actuary Mayur Ankolekar; employee benefits, insurance, microinsurance and pensions; has a lead consultant on staff.
|
2–3 papers | EB & Insurance | Mumbai | Small | — | ||
| 6 |
Aon IndiaGlobal actuarial consultancy. Retirement (UK, US, India), health and life actuarial consulting, P&C reserving and reinsurance analytics for global Aon teams.
|
0–1 papers | Retirement & GI Consulting | Gurugram Noida, Bengaluru, Mumbai |
Website | Careers | Large | 2 open |
| 7 |
Arka ActuariesDelhi consultancy led by Ridhi Paliwal (FIA, FIAI, CoP); employee benefits, life insurance IFRS 17 and Prophet modelling.
|
2–3 papers | EB & Life Consulting | New Delhi | Website | Careers | Small | — |
| 8 |
Armour Corporate ServicesIndian actuarial consultancy. Mumbai employee benefits valuation firm.
|
0–1 papers | Pensions & Benefits | Mumbai | Website | Careers | Small | — |
| 9 |
Armstrong InternationalEmployee-benefits actuarial firm. Describes itself as a team of actuaries and evaluators with 40+ years' experience; gratuity, leave, pension and ESOP valuations.
|
2–3 papers | Employee Benefits | India | Website | Careers | Small | — |
| 10 |
BDO IndiaAccounting firm actuarial practice. Indian member of BDO; actuarial work sits in Assurance and FS Risk Advisory, supporting insurer audits and valuations.
|
4–5 papers | Actuarial Audit Support | Mumbai | Website | Careers | Small | — |
| 11 |
Charan Gupta ConsultantsEmployee-benefits actuarial firm. Operating since 1972 (company 2002); gratuity, leave and pension valuations under AS 15 / Ind AS 19; claims 4,000+ clients.
|
2–3 papers | Employee Benefits | Noida New Delhi |
Website | Careers | Small | — |
| 12 |
CSI Actuarial ConsultancyIndian actuarial consultancy. Gurugram actuarial consultancy.
|
2–3 papers | Actuarial Consulting | Gurugram | Website | Careers | Small | — |
| 13 |
Deloitte IndiaBig 4 domestic advisory (separate from Deloitte USI). Domestic Regulatory & Financial Risk practice hires actuaries for Indian insurers (IFRS 17, Ind AS 117, valuation, risk); separate from Deloitte USI.
|
4–5 papers | insurer regulatory advisory | Bengaluru New Delhi, Mumbai, Gurugram |
Website | Careers | Mid | — |
| 14 |
Deloitte USIBig 4 actuarial practice. Deloitte's actuarial hiring in India sits in Deloitte USI (Actuarial & Insurance Solutions): US life, health and pension work.
|
2–3 papers | Life & Health Actuarial | Hyderabad Bengaluru, Kolkata |
Website | Careers | Large | 3 open |
| 15 |
EY GDSBig 4 actuarial practice. EY delivery centre; FS Risk Consulting actuarial teams for US, UK and Australia: life (AXIS, Prophet), P&C, IFRS 17, US pensions.
|
2–3 papers | Life & P&C Actuarial | Bengaluru Noida, Gurugram, Pune |
Website | Careers | Large | — |
| 16 |
EY IndiaBig 4 actuarial practice. EY's Indian member firm; FS Risk actuarial team advises Indian insurers on valuation, pricing and Ind AS 117 (IFRS 17).
|
2–3 papers | Indian Insurer Consulting | Mumbai Gurugram |
Website | Careers | Mid | 15 open |
| 17 |
Global Risk Consultants (GRC)Indian actuarial consultancy. Mumbai actuarial partnership (est. 2015): life, non-life, health, employee benefits, ESOP and IFRS 17 work.
|
2–3 papers | Life, GI & Benefits | Mumbai | Website | Careers | Small | — |
| 18 |
Grant Thornton BharatAccounting firm actuarial practice. Indian member of Grant Thornton; actuarial team covers life valuation models, insurer audits, non-life consulting and pensions.
|
4–5 papers | Life, GI & Pensions | Mumbai Gurugram, New Delhi, Bengaluru |
Website | Careers | Small | — |
| 19 |
Gratuity Trust Fund ConsultantGratuity valuation and trust consultancy. Delhi MSME led by Tikaram Chaudhary; gratuity trust formation and AS 15 / Ind AS 19 valuation reports; claims 1,000+ clients.
|
0–1 papers | Employee Benefits | New Delhi | Website | Careers | Small | — |
| 20 |
iActuaryactuarial consultancy. Vikhroli firm led by Subha Neelakantan (FIAI, FIA); employee benefits, IFRS 17/Ind AS 117, modelling; team page lists 10 incl. 3 fellows.
|
2–3 papers | EB valuations, IFRS 17 | Mumbai Mumbai |
Website | Careers | Mid | — |
| 21 |
InsurTech ActuaryIndian actuarial consultancy. Bengaluru consultancy of Anirudh Bansal (FIA, FIAI, GI and EB CoP); GI reserving, IFRS 17, gratuity reports, ESOP valuations.
|
2–3 papers | GI Consulting | Bengaluru | Website | Careers | Small | — |
| 22 |
K. A. Pandit Consultants & ActuariesIndian actuarial consultancy. Indian firm, first in India with IFoA QAS accreditation (2023). Life, non-life and employee benefits valuation work.
|
0–1 papers | Life, GI & Benefits | Mumbai Ahmedabad |
Website | Careers | Mid | — |
| 23 |
Kapadia & KochrekarEmployee-benefits actuarial firm. Borivali firm tracing to Nalin Kapadia (1984); Ind AS 19 / AS 15 gratuity, leave, pension and ESOP valuations; partner Saurabh Kochrekar.
|
0–1 papers | Employee Benefits | Mumbai | Website | Careers | Small | — |
| 24 |
Kapadia Global Actuariesemployee benefits valuation firm. Small Mumbai practice doing gratuity, leave, pension and ESOP valuations under AS 15 / Ind AS 19.
|
2–3 papers | employee benefits valuation | Mumbai | Website | Careers | Small | — |
| 25 |
KP Actuaries and Consultants (KPAC)Employee-benefits actuarial firm. Gurugram firm founded by Khushwant Pahwa (FIAI, FIA); AS 15 / Ind AS 19 valuations, GI appointed-actuary work. LLP formed 2021.
|
2–3 papers | Employee Benefits | Gurugram New Delhi |
Website | Careers | Small | — |
| 26 |
KPMG Global ServicesBig 4 actuarial practice. KPMG global delivery centre; Life Actuarial Services team for KPMG UK and US: audits, appraisal values, embedded value, capital models.
|
2–3 papers | Life Actuarial Audit | Gurugram Bengaluru, Kochi, Pune |
Website | Careers | Mid | — |
| 27 |
KPMG IndiaBig 4 actuarial practice. KPMG's Indian firm; actuarial team works with Indian life and general insurers on valuation, IFRS 17 and audit support.
|
2–3 papers | Indian Insurer Consulting | Mumbai Gurugram |
Website | Careers | Mid | — |
| 28 |
Lux Actuariesindependent actuarial consultancy (MEA focus). Middle East and Africa consultancy with an India office staffed by FIAI-qualified actuaries and Bengaluru analysts on life projects.
|
2–3 papers | life, IFRS 17, MEA clients | Bengaluru | Website | Careers | Small | — |
| 29 |
Mercer IndiaGlobal actuarial consultancy. Part of Marsh (renamed from Marsh McLennan in Jan 2026). Pension valuations for UK, German and US plans; health benefits actuarial work.
|
2–3 papers | Pensions & Benefits | Gurugram Noida, Mumbai |
Website | Careers | Large | — |
| 30 |
Milliman IndiaGlobal actuarial consultancy. Indian arm of US firm Milliman; life, non-life, health and employee benefits consulting for Indian and overseas clients.
|
2–3 papers | Life & GI Consulting | Gurugram Mumbai, New Delhi |
Website | Careers | Large | — |
| 31 |
Mithras Consultantsindependent actuarial consultancy. Delhi actuarial and insurance consultancy (pricing, valuation, risk); also advises insurers in Nepal.
|
2–3 papers | life, general, benefits | New Delhi | Small | — | ||
| 32 |
Numerica Actuarial ConsultingIndian actuarial consultancy. Delhi actuarial consultancy.
|
2–3 papers | Actuarial Consulting | New Delhi | Website | Careers | Small | — |
| 33 |
Oliver Wyman IndiaGlobal actuarial consultancy. Oliver Wyman, a Marsh business. India team supports life actuarial projects: model conversion, testing and validation.
|
2–3 papers | Life Actuarial Modelling | Gurugram Bengaluru |
Website | Careers | Mid | — |
| 34 |
Paramount ConsultantsIndian actuarial consultancy. Set up Jan 2018 by Puneet Sudan, ex-appointed actuary of a large private GI insurer; GI and health pricing, filing, reserving.
|
4–5 papers | GI Consulting | India | Small | — | ||
| 35 |
PramarthaIndian actuarial consultancy. Bengaluru actuarial risk-management and analytics consultancy founded by Mahidhara Davangere V.; says it has offices in Malaysia, South Africa, UAE and US.
|
2–3 papers | Risk & Analytics | Bengaluru | Website | Careers | Small | — |
| 36 |
PwC Acceleration Centers IndiaBig 4 actuarial practice. PwC offshore centres; Assurance Actuarial Science teams support PwC US audits of life and P&C insurers (modelling, reserving).
|
0–1 papers | Actuarial Audit Support | Kolkata Bengaluru, Hyderabad |
Website | Careers | Large | — |
| 37 |
PwC IndiaBig 4 actuarial practice. PwC's Indian firm; FS Risk actuarial team: pricing, statutory valuation, IFRS 17 and ALM for Indian life and non-life insurers.
|
2–3 papers | Indian Insurer Consulting | Mumbai Gurugram, Bengaluru |
Website | Careers | Mid | — |
| 38 |
Radgo ConsultingIndian actuarial consultancy. Borivali (Mumbai) actuarial and insurance consultancy, founded 2008; life, GI, employee benefits, IFRS 17 and insurtech work.
|
0–1 papers | Life & GI Consulting | Mumbai | Website | Careers | Mid | — |
| 39 |
Ranadey Professional ServicesIndian actuarial consultancy. Pune firm offering employee benefits and insurance consulting.
|
0–1 papers | Pensions & Benefits | Pune | Website | Careers | Small | — |
| 40 |
RJ Actuaries and ConsultantsIndian actuarial consultancy. Consultancy that advertised a Bengaluru Life Insurance Specialist role (Solvency II, economic capital, IFRS 17); may be linked to RJAC Gulf Partners.
|
4–5 papers | Life Consulting | Bengaluru | Small | — | ||
| 41 |
Seeneel ConsultancyEmployee-benefits actuarial firm. Employee-benefits valuation firm set up 2003 by N. Seethakumari (FIAI); Padmaja R (FIA, FIAI) also on the core team.
|
4–5 papers | Employee Benefits | India | Website | Careers | Small | — |
| 42 |
Sthapatya Evaluators & ActuariesIndian actuarial consultancy. Hyderabad valuation and employee benefits actuarial firm.
|
0–1 papers | Pensions & Benefits | Hyderabad | Website | Careers | Small | — |
| 43 |
Thanawala Consultancy ServicesIndian actuarial consultancy. Mumbai employee benefits and pension valuation consultancy.
|
0–1 papers | Pensions & Benefits | Mumbai | Website | Careers | Small | — |
| 44 |
Transvalue ConsultantsEmployee-benefits actuarial firm. Sanpada (Navi Mumbai) boutique set up 2013; employee-benefit valuations plus GI, life and share-based-payment work.
|
2–3 papers | Employee Benefits | Navi Mumbai | Website | Careers | Small | — |
| 45 |
Universal Actuaries & Benefit ConsultantsIndian actuarial consultancy. Mumbai firm; employee benefit valuations (AS 15, Ind AS 19, IAS 19), insurance consulting, appointed-actuary work for Nepal insurers.
|
0–1 papers | Benefits & Insurance | Mumbai | Careers | Small | — | |
| 46 |
Veritas Actuaries and ConsultantsEmployee-benefits actuarial firm. Gurugram firm founded 2019 (Vichitra Malhotra); ESOP valuation and scheme design, AS 15 / Ind AS 19 benefit valuations, ALM advice.
|
0–1 papers | ESOP & Employee Benefits | Gurugram | Website | Careers | Small | — |
| 47 |
WTW IndiaGlobal actuarial consultancy. Retirement valuations (India, UK, US) and Insurance Consulting & Technology (life, P&C pricing, reserving, software). Runs graduate programmes.
|
0–1 papers | Retirement & Insurance Consulting | Gurugram Thane, Mumbai, Kolkata |
Website | Careers | Large | 3 open |
No companies match your search in this category.
Global Capability Centres
Global capability centres do a foreign insurer’s actuarial work from India. MetLife, Swiss Re, Allianz, AXA, Chubb, M&G, Sun Life, Principal, MassMutual, Optum and others run their own centres in Bengaluru, Pune, Gurugram, Noida, Hyderabad and Mumbai. The work is the parent’s own: US and European valuation, pricing, experience studies, model development and reporting, at Indian salaries that are still well above the domestic market. Exam support is usually generous, and 2–4 papers with strong Excel, SQL or Python is the common entry point.
0–1 papers Fresher: trainee roles often available
2–3 papers Analyst: standard entry
4–5 papers Senior Analyst: selective
5+ papers Manager+ / Fellows
Approximate minimums for entry-level actuarial roles, from the postings seen in 2025–26. Individual roles vary, so always read the current posting.
| # | Company | Entry | Focus Area | City | Website | Careers | Size | On S.MONK |
|---|---|---|---|---|---|---|---|---|
| 1 |
AIG Indiacaptive of US P&C insurer. AIG says day-to-day catastrophe pricing and portfolio roll-up runs at its Centre of Excellence in Bangalore; a cat modelling route.
|
2–3 papers | catastrophe modelling, pricing | Bengaluru Gurugram |
Website | Careers | Mid | — |
| 2 |
Allianz Services IndiaCaptive of a global insurer. Allianz Group's India centre; P&C reserving (ResQ), technical pricing (Emblem, Radar) and health pricing for Allianz entities.
|
2–3 papers | P&C Reserving & Pricing | Thiruvananthapuram Pune |
Website | Careers | Mid | — |
| 3 |
Ameriprise IndiaCaptive of a US life and wealth firm. Ameriprise Financial's India centre; actuarial model validation (Prophet, AXIS) for RiverSource insurance and annuities.
|
4–5 papers | Model Validation | Gurugram Noida |
Website | Careers | Small | — |
| 4 |
Apollo / Athene Indiacaptive of US asset manager and annuity insurer. Athene annuity pricing team in Mumbai: model runs, new business and renewal rates for fixed and indexed annuities, RILAs and SPIAs.
|
4–5 papers | US annuity pricing | Mumbai | Website | Careers | Small | — |
| 5 |
Arch Global Services Indiacaptive of Bermuda insurer, reinsurer and mortgage insurer. GCCs opened 2025 to support insurance, reinsurance and mortgage units; Arch lists actuarial among India career areas.
|
2–3 papers | P&C and mortgage support | Pune Hyderabad, Thiruvananthapuram |
Website | Careers | Small | — |
| 6 |
Ascensus Indiacaptive of US retirement plan administrator. US defined benefit pension work: benefit calculations, valuations and government reporting; analyst to senior manager and intern roles.
|
0–1 papers | US pension valuation | Hyderabad Chennai |
Website | Careers | Large | — |
| 7 |
Assurant IndiaCaptive of a US specialty insurer. Assurant's India GCC; actuarial pricing, reserving, financial reporting and capital forecasting for US specialty lines.
|
4–5 papers | Pricing & Reserving | Mumbai Bengaluru, Chennai, Hyderabad |
Website | Careers | Mid | — |
| 8 |
AXA GBS IndiaCaptive of a global insurer. AXA Global Business Services; actuarial services team (since 2005) does life and P&C valuation, modelling and Solvency II work.
|
2–3 papers | Life & P&C Actuarial | Pune Bengaluru |
Website | Careers | Mid | — |
| 9 |
Brit Indiacaptive of Lloyd's insurer. Brit India Actuarial team supports London reserving, technical pricing and business planning for Lloyd's non-life lines.
|
4–5 papers | Lloyd's reserving, pricing | New Delhi NCR | Website | Careers | Small | — |
| 10 |
Carelon Global Solutionscaptive of US health insurer (Elevance Health). Elevance Health's India centre (18,000+ staff); a Senior Actuarial Team Lead post in Bengaluru points to a US health actuarial team.
|
2–3 papers | US health actuarial support | Bengaluru Hyderabad, Gurugram |
Website | Careers | Small | — |
| 11 |
Chubb Business Services IndiaCaptive of a global P&C insurer. Chubb's India centre; P&C pricing, special projects, pricing modernisation and life valuation (US GAAP LDTI).
|
2–3 papers | P&C Pricing & Life Valuation | Bengaluru Hyderabad |
Website | Careers | Large | — |
| 12 |
Empower IndiaCaptive of a US retirement provider. Empower's Bengaluru centre; actuarial modelling in GGY AXIS and MG-ALFA for US life and annuity valuation.
|
2–3 papers | Actuarial Modelling | Bengaluru | Website | Careers | Small | — |
| 13 |
Equiniti IndiaCaptive of a UK pensions services firm. UK firm Equiniti's Bengaluru centre; junior and qualified actuarial project consultants on UK DB pension calculations.
|
2–3 papers | UK Pensions | Bengaluru | Website | Careers | Mid | — |
| 14 |
Gallagher India (GCoE)Captive of a global insurance broker. Gallagher's India centre. Risk analytics actuarial, Gallagher Re reinsurance actuarial and US pension valuation teams.
|
2–3 papers | Risk & Reinsurance Analytics | Mumbai Chandigarh, Bengaluru |
Website | Careers | Mid | — |
| 15 |
Guardian IndiaCaptive of a US life insurer. Guardian Life's India centre; Gurugram actuarial team supports strategic initiatives and in-force management.
|
2–3 papers | Life Actuarial | Gurugram Chennai |
Website | Careers | Mid | — |
| 16 |
InnovaCare Health Indiacaptive of US Medicare Advantage insurer. Actuarial Analyst in Chennai analysing medical claims, predictive models and healthcare trends for US Medicare Advantage plans.
|
2–3 papers | US health claims analytics | Chennai | Website | Careers | Small | — |
| 17 |
M&G Global ServicesCaptive of a UK life insurer. M&G plc's Powai centre (since 2003); valuation, capital modelling, longevity and RAFM product modelling for the UK life book.
|
2–3 papers | Valuation & Capital | Mumbai | Website | Careers | Large | 3 open |
| 18 |
Marsh McLennan Global Services Indiagroup delivery centre of broker (Marsh, Mercer, Guy Carpenter, Oliver Wyman). Hires actuarial staff in its own name: P&C analytics for Marsh Advisory, UK DB pension valuations and US benefits work.
|
2–3 papers | P&C analytics, pensions | Mumbai Gurugram, Pune, Noida |
Website | Careers | Large | — |
| 19 |
MetLife GOSCCaptive of a US life insurer. MetLife's India centre; actuarial services for US and EMEA: valuation, Prophet model development, experience studies.
|
2–3 papers | Life Valuation & Modelling | Noida Hyderabad, Bengaluru |
Website | Careers | Large | — |
| 20 |
Optum IndiaCaptive of a US health insurer. UnitedHealth Group's India arm; US health actuarial work: Medicare analytics, trend analysis, pricing and reserving support.
|
2–3 papers | Health Actuarial | Gurugram Noida, Hyderabad |
Website | Careers | Large | — |
| 21 |
Principal Global ServicesCaptive of a US life insurer. Principal Financial Group's Pune centre; actuarial analysts on valuation and modelling for US and UK (pensions) business.
|
0–1 papers | Life & Pensions Actuarial | Pune Hyderabad |
Website | Careers | Mid | 1 open |
| 22 |
QBE IndiaCaptive of a global P&C insurer. Australian insurer QBE's India operation; entry-level actuarial associate hiring seen in Mumbai.
|
0–1 papers | P&C Actuarial | Mumbai Bengaluru |
Website | Careers | Small | — |
| 23 |
Sun Life Global Solutions IndiaCaptive of a Canadian life insurer. Sun Life's Gurugram centre; AXIS model development, IFRS 17 model validation and capital planning for Canada, US, Asia.
|
2–3 papers | Actuarial Modelling | Gurugram | Website | Careers | Mid | — |
| 24 |
The Cigna Group India (Evernorth)Captive of a US health insurer. Cigna's India hubs; Hyderabad US health actuarial work, Bengaluru European and international health reserving teams.
|
2–3 papers | Health Actuarial | Hyderabad Bengaluru |
Website | Careers | Mid | — |
| 25 |
Voya Indiacaptive of US retirement and life insurer. Voya Financial's wholly owned India centre; has hired actuarial associates for US statutory valuation of life business.
|
2–3 papers | US statutory valuation | Bengaluru Pune, Delhi |
Website | Careers | Small | — |
No companies match your search in this category.
KPO, Analytics & Technology
Outsourcing, analytics and technology firms employ large actuarial teams for insurance clients. EXL, WNS, Genpact, Accenture, Infosys, Cognizant, TCS and the analytics houses run actuarial practices that serve global insurers; Verisk, Moody’s, Xceedance and the software firms build the models and tools the industry uses. Entry is usually possible with 1–3 papers plus data skills, and these firms hire in volume from campus.
0–1 papers Fresher: trainee roles often available
2–3 papers Analyst: standard entry
4–5 papers Senior Analyst: selective
5+ papers Manager+ / Fellows
Approximate minimums for entry-level actuarial roles, from the postings seen in 2025–26. Individual roles vary, so always read the current posting.
| # | Company | Entry | Focus Area | City | Website | Careers | Size | On S.MONK |
|---|---|---|---|---|---|---|---|---|
| 1 |
AccentureKPO / analytics. Operations (I&F Decision Science) actuarial teams do P&C pricing analysis, retirement work and cat modelling for clients.
|
2–3 papers | P&C Actuarial Support | Gurugram Bengaluru, Mumbai |
Website | Careers | Large | 1 open |
| 2 |
Alight Solutions IndiaHR and pension administration outsourcer. US defined benefit pension calculation and testing analysts; asks for maths, statistics or actuarial science degree. Actuarial-adjacent, not valuation.
|
0–1 papers | US DB pension calculations | Chennai Gurugram, Noida |
Website | Careers | Large | — |
| 3 |
EXLKPO / analytics. Large actuarial KPO; US P&C rate filing and objections, pricing, reserving, cat modelling and life AXIS/GGY modelling.
|
0–1 papers | P&C Pricing & Reserving | Gurugram Noida, Bengaluru, Pune |
Website | Careers | Large | 6 open |
| 4 |
FISactuarial software vendor (Prophet). Maker of Prophet; its Chennai Actuarial Systems team builds the Insurance Risk Suite and wants part-qualified actuaries with Prophet skills.
|
4–5 papers | Prophet product development | Chennai Mumbai |
Website | Careers | Small | — |
| 5 |
GenpactKPO / analytics. Actuarial process teams run valuation models, pricing and cat modelling for US and UK insurers; hires 2025-2026 graduates.
|
0–1 papers | Valuation & Pricing Support | Gurugram Noida |
Website | Careers | Large | 2 open |
| 6 |
HCLTechInsurance technology and operations. Insurance operations unit with actuarial valuation (Prophet, AXIS) for UK life clients: Solvency II and IFRS 17 reporting.
|
2–3 papers | UK Life Valuation | Noida Chennai |
Website | Careers | Mid | — |
| 7 |
Infosys BPMKPO / analytics. Infosys's BPM arm; actuarial modelling and analytics consultants, life and annuity actuarial compliance work.
|
4–5 papers | Actuarial Modelling | Pune Bengaluru, Mumbai, New Delhi |
Website | Careers | Small | — |
| 8 |
Moody's (RMS) IndiaCatastrophe modelling. RMS is now part of Moody's insurance solutions. Noida teams do cat model development, exposure and loss analytics, risk consulting.
|
2–3 papers | Cat Modelling | Noida | Website | Careers | Large | — |
| 9 |
TCSIT services actuarial advisory practice. Runs an Actuarial Advisory and Business Services practice in its BFSI unit, led by a qualified actuary; hires for life and P&C model work.
|
4–5 papers | actuarial models, advisory | Mumbai Chennai, Pune |
Website | Careers | Mid | — |
| 10 |
Verisk IndiaCatastrophe modelling. Verisk's Hyderabad centre; catastrophe model support (Touchstone), cat modelling analysts, risk consulting for insurers.
|
2–3 papers | Cat Modelling | Hyderabad | Website | Careers | Mid | — |
| 11 |
WNSKPO / analytics. Acquired by Capgemini in 2025. Actuarial teams: UK pensions, UK/US life (Prophet), GI pricing, cyber pricing.
|
0–1 papers | Pensions & Life Modelling | Gurugram Pune, Bengaluru, Mumbai |
Website | Careers | Large | 1 open |
| 12 |
XceedanceInsurance technology and analytics. Insurance services firm; actuarial team serves P&C (re)insurers and Lloyd's syndicates on reserving and pricing.
|
2–3 papers | P&C Actuarial | Gurugram Bengaluru, New Delhi |
Website | Careers | Mid | 1 open |
| 13 |
Zensar TechnologiesInsurance technology. RPG Group IT firm; actuarial consulting analysts build Prophet models and support IFRS 17 / Solvency II reporting.
|
5+ papers | Actuarial Modelling | Pune | Website | Careers | Small | — |
No companies match your search in this category.
Brokers & InsurTech
Brokers, digital distributors and employee-benefit platforms hire actuaries for pricing, analytics and product design. The large brokers (Marsh, Aon, WTW, Howden, Gallagher, Lockton, Prudent) have actuarial and analytics teams in India; Policybazaar and the benefits start-ups price group health and build products with insurer partners. Teams are small and roles are varied: a good fit for people with 2–4 papers who want to be close to the business.
Only brokers and platforms with evidence of actuarial hiring are listed. Pure sales intermediaries are not.
0–1 papers Fresher: trainee roles often available
2–3 papers Analyst: standard entry
4–5 papers Senior Analyst: selective
5+ papers Manager+ / Fellows
Approximate minimums for entry-level actuarial roles, from the postings seen in 2025–26. Individual roles vary, so always read the current posting.
| # | Company | Entry | Focus Area | City | Website | Careers | Size | On S.MONK |
|---|---|---|---|---|---|---|---|---|
| 1 |
Aon India Insurance BrokersInsurance and reinsurance broker. Broking arm has its own L&H reinsurance actuarial lead (2025) and Mumbai reinsurance-pricing analysts; separate from Aon's Gurugram/Bengaluru actuarial centre.
|
4–5 papers | Reinsurance Pricing | Mumbai Gurugram, Bengaluru |
Website | Careers | Small | — |
| 2 |
Edme Insurance BrokersInsurance broker. Edelweiss-group broker. Employee-benefits analytics team works with an in-house actuarial team on group health rating.
|
2–3 papers | EB Health Analytics | New Delhi Mumbai |
Website | Careers | Small | — |
| 3 |
Even HealthcareInsurTech. Bengaluru health-membership company that bundles hospital care with insurance. Hires actuarial interns for pricing and experience analysis.
|
0–1 papers | Health Pricing | Bengaluru | Website | Careers | Small | — |
| 4 |
Gallagher Re IndiaReinsurance broker. Gallagher Re's actuarial and cat-modelling analysts in Mumbai and Bengaluru support reinsurance broking teams worldwide.
|
2–3 papers | Reinsurance Pricing | Mumbai Bengaluru |
Website | Careers | Mid | 3 open |
| 5 |
Guy Carpenter IndiaReinsurance broker. Marsh group's reinsurance broking arm. Mumbai actuarial team prices treaty programmes and runs catastrophe models for cedants.
|
4–5 papers | Reinsurance Pricing | Mumbai Noida |
Website | Careers | Mid | — |
| 6 |
JB Boda GroupReinsurance broker. Indian insurance and reinsurance broker founded 1943; the group says it offers life and non-life actuarial services.
|
2–3 papers | Reinsurance Pricing | Mumbai | Website | Careers | Small | — |
| 7 |
Loop HealthEmployee-benefits platform. Has a Chief Actuary (FIAI, ex-Zuno, ex-Raheja QBE) leading group-health pricing and claims analytics for its employer health benefits.
|
4–5 papers | Group Health Pricing | Bengaluru Mumbai, Pune |
Website | Careers | Small | — |
| 8 |
Marsh IndiaInsurance broker. Marsh's India broking arm. Mumbai actuarial team does P&C reserving reviews and analytics for clients; Marsh Advisory hires analysts too.
|
2–3 papers | GI Reserving & Analytics | Mumbai Gurugram, Gurugram, Noida, Pune |
Website | Careers | Mid | 4 open |
| 9 |
OnsuritySME health benefits platform. Employee health benefits platform for small firms; has advertised pricing roles through the Institute of Actuaries of India.
|
4–5 papers | health pricing | Bengaluru | Website | Careers | Small | — |
| 10 |
WTW India Insurance BrokersInsurance broker. Broking-support pricing analysts sit at WTW's Thane centre (casualty pricing raters, captive loss forecasts); WTW consulting actuaries already listed.
|
0–1 papers | Broking Pricing Analytics | Mumbai Thane, Gurugram |
Website | Careers | Mid | — |
No companies match your search in this category.
Banks, NBFCs & Ratings
Banks, lenders and rating agencies hire actuarial students for risk modelling. Expected-credit-loss models under Ind AS 109, capital and stress testing, pricing of credit-linked insurance and the analytics behind cards and loans all use the same statistics an actuarial student learns in CS1, CS2 and CM2. The rating agencies assess insurers and need people who read a balance sheet the actuarial way. Roles are usually titled risk analyst or analytics associate rather than actuary; the postings ask for actuarial papers or an actuarial science degree.
Only institutions with evidence of hiring actuarial students or actuaries are listed. The work is risk and analytics, not statutory actuarial work.
0–1 papers Fresher: trainee roles often available
2–3 papers Analyst: standard entry
4–5 papers Senior Analyst: selective
5+ papers Manager+ / Fellows
Approximate minimums for entry-level actuarial roles, from the postings seen in 2025–26. Individual roles vary, so always read the current posting.
| # | Company | Entry | Focus Area | City | Website | Careers | Size | On S.MONK |
|---|---|---|---|---|---|---|---|---|
| 1 |
BNY IndiaBanking GCC. Pune FSG Quants team models pension liabilities and benchmarks for UK LDI clients; asks for actuarial modelling and progress to actuarial exams.
|
2–3 papers | Pension LDI Modelling | Pune Chennai |
Website | Careers | Small | — |
| 2 |
HSBC India (Global Service Centres)Banking GCC. India staff of HSBC's Insurance, Pensions, Finance & Wealth Independent Model Review validate HSBC Life/pension actuarial models (Prophet, IFRS 17).
|
4–5 papers | Actuarial Model Validation | Gurugram Bengaluru, Kolkata, Hyderabad, Gurugram, Kolkata, Hyderabad |
Website | Careers | Mid | — |
| 3 |
JPMorgan IndiaBanking GCC. Centralized Research Group 'Actuaries' team backs investment bankers covering insurers: actuarial due diligence, IFRS 17, VIF, embedded value, valuation.
|
5+ papers | Insurance M&A / FIG | Mumbai Bengaluru |
Website | Careers | Small | — |
No companies match your search in this category.
Pensions & Social Security
Pension funds and the social-security bodies employ actuaries for valuations and scheme design. The NPS pension fund managers, EPFO, ESIC and the provident-fund organisations value liabilities that run for decades. Postal Life Insurance and the defence group-insurance funds have statutory actuarial posts. Hiring is less frequent than in insurance and often by formal notification, so watch the careers pages and the Institute’s vacancy board.
0–1 papers Fresher: trainee roles often available
2–3 papers Analyst: standard entry
4–5 papers Senior Analyst: selective
5+ papers Manager+ / Fellows
Approximate minimums for entry-level actuarial roles, from the postings seen in 2025–26. Individual roles vary, so always read the current posting.
| # | Company | Entry | Focus Area | City | Website | Careers | Size | On S.MONK |
|---|---|---|---|---|---|---|---|---|
| 1 |
CMPFOStatutory provident fund body. Ministry of Coal body running CMPF and Coal Mines Pension Scheme 1998, which requires triennial actuarial valuation by an appointed actuary.
|
5+ papers | Pensions | Dhanbad | Website | Careers | Small | — |
| 2 |
EPFOStatutory provident fund body. Runs EPF, EPS 1995 and EDLI; engages external actuaries for statutory EPS and EDLI valuations rather than an in-house team.
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5+ papers | Pensions | New Delhi | Website | Careers | Small | — |
| 3 |
ESICStatutory social security body. Runs the ESI health and cash-benefit scheme under the Ministry of Labour; setting up an in-house actuarial and data analytics unit.
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5+ papers | Social Security | New Delhi | Website | Careers | Small | — |
| 4 |
Postal Life InsuranceGovernment life insurance fund. Government-run PLI and Rural PLI funds; engages a consulting actuary (FIAI) for fund valuation and product design.
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5+ papers | Life Valuation | New Delhi | Website | Careers | Small | — |
No companies match your search in this category.
Regulators & Government
Regulatory roles offer stability, prestige and work that shapes the industry. IRDAI and PFRDA hire actuaries for supervision, policy and research; competition is intense and the senior grades expect Fellowship or close to it. Public-sector posts are notified through formal recruitment processes with set eligibility, usually a number of IAI papers. The Insurance Information Bureau and the National Insurance Academy employ actuaries in data and teaching roles.
PFRDA’s Grade A Actuary stream needs all seven IAI core papers. The public-sector insurers themselves (LIC, New India, GIC Re and the rest) are listed under their own sectors.
0–1 papers Fresher: trainee roles often available
2–3 papers Analyst: standard entry
4–5 papers Senior Analyst: selective
5+ papers Manager+ / Fellows
Approximate minimums for entry-level actuarial roles, from the postings seen in 2025–26. Individual roles vary, so always read the current posting.
| # | Company | Entry | Focus Area | City | Website | Careers | Size | On S.MONK |
|---|---|---|---|---|---|---|---|---|
| 1 |
IIBRegulatory data body (IRDAI-promoted). IRDAI-promoted data repository for all insurers; analysts build industry mortality, motor and health experience studies.
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2–3 papers | Experience Studies | Hyderabad | Website | Careers | Small | — |
| 2 |
IRDAIRegulator. Insurance regulator; Actuarial Department reviews products, solvency and Appointed Actuary filings. Recruits Assistant Managers in an Actuarial stream.
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4–5 papers | Regulatory | Hyderabad | Website | Careers | Small | — |
| 3 |
PFRDARegulator. Regulator for NPS and APY; recruits Grade A officers in an Actuarial stream for pension and annuity work.
|
4–5 papers | Pensions | New Delhi | Website | Careers | Small | — |
No companies match your search in this category.
Names, logos and trademarks belong to their owners and identify the employer only. The directory is maintained by S.MONK from public sources (IRDAI registers, company careers pages, vacancy notices) and was last reviewed in November 2026. Recruitment agencies are not listed: every entry employs actuaries itself. To correct an entry or add a company, write to us.