Evidence of actuarial hiring: IRDAI-registered insurer (Appointed Actuary required) (source). Checked 10 Nov 2026.
About Allianz Jio Re
Allianz Jio Reinsurance Limited is a 50:50 joint venture between Jio Financial Services, the financial services company demerged from Reliance Industries, and Allianz, the German insurance group. IRDAI granted it registration in March 2026, making it one of a handful of Indian-incorporated reinsurers alongside GIC Re and Valueattics Re.
The company is based in Mumbai and is licensed to write both life and non-life reinsurance, on treaty and facultative terms, for Indian insurers. Allianz brings global reinsurance experience and capital; Jio Financial brings local reach.
As a reinsurer only months into operation, the actuarial team is small and building its pricing bases, reserving process and solvency reporting from the start. For a student this is an unusual chance to see a reinsurer being set up, but openings are few and lean towards experienced hires. The company's own website and careers page were not live at the time of writing.
What the actuarial team does
- Pricing of life and non-life treaty reinsurance offered by Indian cedants
- Facultative pricing support for large commercial risks
- Setting up reserving and IBNR processes for a new book
- Solvency and capital planning, and statutory returns to IRDAI under the Appointed Actuary
- Retrocession design and analysis
- Building data, pricing tools and experience databases from scratch
How students get in
No graduate programme, internship or exam-support policy is published. The company's own site was not live at the time of writing, so there is no careers page; hiring has so far been for experienced reinsurance and actuarial staff. Students should expect early roles to ask for several papers and reinsurance or general insurance experience, though the exact requirement is not published. Watch Allianz and Jio Financial Services announcements, the Institute of Actuaries of India job board and job portals for Allianz Jio Re postings in Mumbai. Analyst roles may follow as the book grows, but none had been seen.
Roles this employer has advertised:
Questions students ask
What papers does Allianz Jio Re ask for?
Not published. Early hiring has been for experienced staff, so expect several papers and reinsurance experience for most roles.
What will the actuaries work on?
Pricing life and non-life treaty and facultative business from Indian insurers, building reserving and solvency processes, and retrocession, all in Mumbai.
Is there a fresher or intern route?
Not published. The company is new and its careers page was not live; check again as the business grows.
