Actuarial & Underwriting Internship

About ACKO General Insurance

Acko is India's first and only all-digital insurance tech product company. It was founded in 2016 by Mr Varun Dua- a serial fintech entrepreneur who set simplicity, affordability and innovation as its cornerstones. Through innovative digital products, customized pricing, and data and technology, they are changing how insurance works and is perceived by users in India.
 
Although Acko is solving for the Indian market and is based out of Bangalore, they are part of a global wave of insurtech startups that are creating success through technology and business model disruption.

Your role

As an Inter your role is,

• Be responsible for underwriting employer/employee and affinity group health clients (B2B) and their employees or group members (B2B2C)
• Work with a team of senior underwriters for end-to-end management of day-to-day operations
• Ensure good turnaround time on quotations requests, optimize quote conversions and profitability of accounts and the portfolio
• Work with the relevant stakeholders to process the onboarding of new clients and servicing.
• Preparation and filing of Product-specific documents, proposal forms and policy documents.

Training & development 

Acko has a dynamic team of colleagues who are passionate about innovating and disrupting the insurance industry in India. It gives an opportunity to be part of an early-stage high potential start-up. Independence and ownership in both design and execution where the conceptualisation to execution cycle is in weeks and not in months. The company has a good platform to work with senior stakeholders to drive multiple strategic initiatives.

• An internship opportunity allows you to learn applications of concepts learnt so far with a team of experienced professionals

Benefits

The company takes care of you and your loved ones and will support you with a competitive and comprehensive benefits package. Below are some highlights:

• Flexible working hours
• A comprehensive health plan
• Lots of leaves
• Great learning and development opportunities
• Team activities
• Stock option

Career progression

Acko has built a diverse team and innovative products in a collaborative culture. This has earned the company many awards and accolades. Acko is an equal-opportunity employer. The company is ‘Great Place to Work’ certified and has consistently featured on the list of top startups. Graduates have the ability to join Acko, learn the company culture, improve their skills, and climb up the ranks with ease in this company. 

The Internship Duration is around 6 months (PPO option available based on performance)

Work-life balance

Work-life balance is rated at 3.4/5.0 (Source: Ambition Box). It has a good, inclusive work environment and a diverse working culture, one of the best in the industry. 

Culture & vibe

Acko has a friendly and vibrant work environment with several programs to ensure staff motivation and healthy working conditions. Additionally, there are numerous learning and development opportunities at Acko for the continuous improvement of staff knowledge, capabilities, and skills. Both freshers and grads enjoy the work environment at Acko and learn many useful skills during their internships.

At Acko, you get an opportunity to work with a reliable team of game-changers within the insurance industry. Students who intern at Acko build their skills and get a deep understanding of how an insurance company works.

About you

To apply for Intern the following requirements should be fulfilled;

• Graduates with a sharp analytical mind, who enjoys thinking on their feet and devising innovative solutions to complex insurance product design and pricing problems
• Above-average educational background
• Cleared at least 1 actuarial paper
• A team member who can collaborate with internal and external stakeholders.

How to apply

This role is currently closed. If you are interested in this role, simply click "Pre-Register" and Prosple will inform you once this position opens again.