Evidence of actuarial hiring: IRDAI-registered insurer (Appointed Actuary required); Appointed Actuary change filed with NSE Jan 2025 (source). Checked 10 Nov 2026.
About Star Health
Star Health and Allied Insurance was India's first standalone health insurer, beginning operations in 2006. Its promoter group includes Safecrop Investments, backed by WestBridge Capital, along with other investors. It listed on the NSE and BSE in December 2021.
The company is headquartered in Chennai, where its actuarial team sits. It is India's largest standalone health insurer, with a large retail book sold mainly through a big agency force, along with banks and online channels.
For an actuary, Star Health offers health-only work at scale: retail product pricing across many specialised covers, IBNR reserving on very high claim volumes, and claims analytics. As a listed company with a large market share, its reserving and pricing are closely watched by investors and the regulator. An Appointed Actuary change was disclosed to the NSE in January 2025.
What the actuarial team does
- Retail health pricing across standard and specialised covers
- IBNR reserving on high claim volumes and the Appointed Actuary's statutory reports
- IRDAI product filings and renewal premium reviews
- Claims analytics and fraud-pattern analysis
- Solvency, capital and listed-company reporting
- Ind AS 117 implementation; tools typically include SQL, R and Python
How students get in
Star Health posts openings on its careers page (starhealth.in/careers) and on job portals. Actuarial analyst roles in Chennai appear periodically; the exact papers required are not published, but core-paper passes are the usual baseline. A named actuarial trainee scheme, internship programme or exam-support policy is not published. Students in Chennai can apply directly and should watch the Institute of Actuaries of India job board.
Roles this employer has advertised:
Questions students ask
Which papers does Star Health ask for?
Not published; CS1, CS2 and CM1 are a sensible baseline.
Where is the actuarial team?
At the Chennai head office.
Are internships offered?
Not published.
