Companies hiring actuaries › Reinsurance
MAPFRE Re India (GIFT City)
Evidence of actuarial hiring: (a) Actuary - Life, Accident and Health team, GIFT City, posted 14 Apr 2026 (5-10 years) (source). Checked 11 Nov 2026.
About MAPFRE Re India (GIFT City)
MAPFRE Re India is the IFSC branch of MAPFRE RE, Compania de Reaseguros S.A., the reinsurance company of the Spanish insurance group MAPFRE. The branch operates from GIFT City in Gandhinagar, Gujarat, India's international financial services centre, and is regulated there by IFSCA rather than IRDAI.
From GIFT City the branch writes and supports reinsurance business for India and the wider Asia-Pacific region. Its actuarial work sits in the life, accident and health team, which does independent pricing and risk analysis of treaties placed by cedants in the region.
For a student, this is a small, senior team: the one actuarial vacancy seen in 2026 asked for 5 to 10 years of experience. It is a route into treaty reinsurance pricing for people who already have life or health pricing experience at an Indian insurer or reinsurer, rather than a fresher employer.
Also known as: Mapfre India
What the actuarial team does
- Pricing of life, accident and health reinsurance treaties for Asia-Pacific cedants
- Independent risk analysis and review of treaty terms
- Experience analysis of mortality, morbidity and health claims
- Support to underwriting and client teams on treaty renewals
- Reporting to the MAPFRE RE group actuarial function
How students get in
The only actuarial role seen (April 2026) was for an Actuary in the life, accident and health team with 5 to 10 years of experience, so the branch hires experienced people rather than freshers. Candidates usually come from life or health pricing at an Indian insurer or from another reinsurer, with a good number of IFoA or IAI papers. Openings appear on the MAPFRE group careers site (jobs.mapfre.com) and on Indian job boards. Internship and graduate schemes for India are not published.
Roles this employer has advertised:
Questions students ask
What experience does MAPFRE Re in GIFT City ask for?
The 2026 posting asked for 5 to 10 years of life, accident and health actuarial experience. The number of papers required was not stated, but a senior role of this kind normally expects a well-advanced student or a qualified actuary.
Where does the actuarial team sit?
In the IFSC branch at GIFT City, Gandhinagar, within the life, accident and health team that prices Asia-Pacific treaties.
Does it take freshers or interns?
No fresher or internship route has been published for the India branch. Students are better placed to gain pricing experience at an Indian insurer or reinsurer first and apply later through jobs.mapfre.com.
