Companies hiring actuaries › Standalone Health
Narayana Health Insurance
Evidence of actuarial hiring: IRDAI-registered insurer (Appointed Actuary required) (source). Checked 10 Nov 2026.
About Narayana Health Insurance
Narayana Health Insurance is a standalone health insurer licensed by IRDAI in January 2024. It is wholly owned by Narayana Hrudayalaya, the listed hospital group, making it one of the few Indian insurers owned by a hospital chain. It is not separately listed.
The company is based in Bengaluru. Its first product, the Aditi plan, pairs surgical and hospitalisation cover with treatment mainly at Narayana Health hospitals, an integrated model in which the insurer and the care provider belong to the same group.
For an actuary, this is unusual work: pricing reflects the group's own hospital costs and a defined provider network rather than open-market claims, and the book is new and small. The actuarial team is small, so early staff see product design, filings, reserving and solvency reporting.
What the actuarial team does
- Health product pricing based on the group's own hospital cost data
- IRDAI product filings
- Setting up IBNR reserving for a young book
- Supporting the Appointed Actuary's statutory reports
- Solvency and capital planning
- Experience monitoring and provider cost analysis
How students get in
Narayana Health Insurance does not have a separate careers page in our records; vacancies may appear on its website (narayanahealth.insurance), on the Narayana Health group careers pages and on job portals. Actuarial roles in Bengaluru are few. The exact papers required, trainee schemes, internships and exam support are not published. Students should watch the group's careers pages and the Institute of Actuaries of India job board.
Roles this employer has advertised:
Questions students ask
Which papers are required?
Not published.
Where is the actuarial team?
In Bengaluru.
Do they take freshers or interns?
Not published; the team is small.
