Financial Analysis Intern in Insurance Sector
IT sight Technologies
Available Locations:
Bengaluru, Karnataka
Job Description
Job Summary
IT Sight Technologies is seeking a highly motivated and detail-oriented Financial Analysis Intern to join our dynamic team in the Insurance Sector. This internship is designed to provide hands-on experience in financial analysis, risk assessment, and insurance-related financial modeling. You will work closely with our finance team to assist in evaluating financial performance, supporting business decision-making, and gaining insights into the operational aspects of the insurance industry. This role is ideal for students or recent graduates who want to build a strong foundation in financial analysis and insurance domain practices.
Key Responsibilities
- Assist in collecting, analyzing, and interpreting financial data relevant to the insurance sector.
- Support in preparing monthly, quarterly, and annual financial reports and dashboards.
- Conduct market and competitor research to identify trends and financial risks.
- Collaborate with the finance team to assess insurance product profitability and cost optimization.
- Assist in building financial models to forecast performance and support decision-making.
- Review and maintain records for internal and regulatory compliance.
- Prepare presentations and reports for senior management.
Required Skills and Qualifications
- Pursuing or recently completed a Bachelor’s or Master’s degree in Finance, Accounting, Economics, or a related field.
- Strong analytical and problem-solving skills.
- Proficiency in MS Excel and basic knowledge of financial modeling.
- Understanding of insurance sector fundamentals is an advantage.
- Excellent communication and presentation skills.
- Ability to work independently and in a team-oriented environment.
Experience
- Freshers or students currently pursuing their degree are welcome.
- Prior internship experience in finance or insurance will be an added advantage but is not mandatory.
Working Hours
- Flexible internship schedule with 20-30 hours per week, depending on academic commitments.
- Option for remote or hybrid work, based on project requirements.
Knowledge, Skills, and Abilities
- Strong attention to detail with the ability to manage multiple tasks simultaneously.
- Knowledge of financial statements, budgeting, and forecasting.
- Basic understanding of risk management and insurance operations.
- Quick learner with a proactive approach to problem-solving.
Benefits
- Hands-on exposure to real-world financial analysis in the insurance sector.
- Mentorship from experienced finance professionals.
- Opportunity to enhance analytical, reporting, and modeling skills.
- Certificate of Completion and recommendation letter for outstanding performance.
- Potential pre-placement offer (PPO) for high-performing interns.
Why Join IT Sight Technologies?
- Gain industry-relevant experience in a rapidly evolving financial and insurance landscape.
- Be part of a collaborative, learning-driven environment.
- Opportunity to network with industry experts and kickstart your career in financial analysis.
- Flexible work arrangements designed for students and fresh graduates.
How to Apply
Interested candidates can submit the following:
- Updated Resume highlighting relevant academic and project experience.
- Cover Letter detailing your interest in financial analysis and the insurance industry.
Send your application to careers@itsighttechnologies.com with the subject line: “Application for Financial Analysis Intern – Insurance Sector.”