Evidence of actuarial hiring: IRDAI-registered insurer (Appointed Actuary required) (source). Checked 10 Nov 2026.
About Bharti Life
This insurer started in 2006 as Bharti AXA Life Insurance, a joint venture of the Bharti group (51 per cent) and the French insurer AXA (49 per cent). Bharti bought out AXA's stake in 2024, and the company now operates as Bharti Life Insurance Company Limited, owned by Bharti Life Ventures with a minority stake held by funds managed by 360 ONE Asset. In May 2026 Prudential plc of the UK agreed to buy 75 per cent of the company for about Rs 3,500 crore; the deal awaits regulatory approval, and Prudential is expected to cut its stake in ICICI Prudential Life to below 10 per cent as a condition.
The company sells protection, savings and ULIP products through agents, banks and partners, and grew new business premium by about 44 per cent in FY26 to roughly Rs 1,069 crore. It is headquartered in Mumbai.
For an actuary, this is a small to mid-sized insurer about to change hands again. A Prudential takeover would likely bring group reporting to a UK-listed parent.
Also known as: Bharti AXA Life Insurance, Bharti Life Insurance Company Limited
What the actuarial team does
- Pricing and IRDAI filing of protection, savings and ULIP products.
- Statutory valuation, reserving and the Appointed Actuary function.
- Embedded value and value of new business work, relevant during the sale process.
- Experience studies on mortality and persistency; reinsurance management.
- Capital and solvency planning for a growing book.
- After any Prudential takeover, IFRS 17 group reporting is likely to be added; tools are not published.
How students get in
The company does not publish a named actuarial trainee programme. Openings are listed on its careers page and sometimes on the Institute of Actuaries of India job board. The team is small, so hiring is occasional and usually needs some papers cleared; the exact number is not published. Internships and exam-support policy are not published. Because ownership is changing, check the current careers page (the bhartiaxa.com address may move to a new domain) before applying.
Roles this employer has advertised:
Questions students ask
How many papers does Bharti Life ask for at entry?
Not published. Expect a few core papers for analyst roles.
Where is the actuarial team?
At the head office in Mumbai.
Does it hire actuarial freshers or interns?
No formal scheme is published. With a change of owner under way, hiring plans may change; watch the careers page.
