Evidence of actuarial hiring: IRDAI-registered insurer (Appointed Actuary required) (source). Checked 10 Nov 2026.
About Galaxy Health
Galaxy Health Insurance is a new standalone health insurer licensed by IRDAI in 2024. It is promoted by the founder of Star Health and Allied Insurance, together with other investors. It is not listed.
The company is headquartered in Chennai, where its small actuarial team sits. It sells retail health insurance and is building an agency-led distribution model similar to the one its founder used at Star Health.
For an actuary, Galaxy offers early-stage experience: designing and pricing a first product range, preparing IRDAI filings, setting up IBNR reserving for a young book with little own data, and supporting the Appointed Actuary's first statutory reports. Teams are small and roles broad, so students with several papers and some health experience are most likely to fit.
Also known as: Galaxy Health and Allied Insurance
What the actuarial team does
- Retail health product design and pricing using market and reinsurer data
- IRDAI product filings
- Setting up IBNR reserving for a young book
- Supporting the Appointed Actuary's statutory reports
- Solvency and capital planning for a new insurer
- Reinsurance arrangements and early experience monitoring
How students get in
Galaxy Health lists vacancies on its 'work with us' page (galaxyhealth.com/work-with-us) and job portals. Actuarial roles in Chennai are few, given the size of the team; the exact papers required are not published, but students with several core papers and health experience are likely to be preferred. A named trainee scheme, internship programme or exam-support policy is not published. Apply through the website or the Institute of Actuaries of India job board.
Roles this employer has advertised:
Questions students ask
Which papers does Galaxy ask for?
Not published.
Where is the actuarial team?
In Chennai.
Do they take freshers or interns?
Not published; a new team tends to prefer experienced students.
