Opportunity brief
Kotak Life is among India's fastest-growing private life insurers and forms an integral part of the Kotak Group—one of the country's largest financial conglomerates. Backed by the Group's legacy of trust and financial expertise, Kotak Life is dedicated to making protection and financial security simple, accessible, and meaningful for millions of Indians.
Eligibility: The hiring challenge is open to 1st-year students pursuing 2-year full-time MBA/PGDM from the eligible list of campuses.
Eligible Campuses:
- Faculty of Management Studies (FMS), University of Delhi, New Delhi
- Indian Institute of Foreign Trade (IIFT), New Delhi
- Indian Institute of Management (IIM), Ahmedabad
- Indian Institute of Management (IIM), Bangalore
- Indian Institute of Management (IIM), Calcutta
- Indian Institute of Management (IIM), Indore
- Indian Institute of Management (IIM), Kozhikode
- Indian Institute of Management (IIM), Lucknow
- Indian Institute of Management (IIM), Mumbai
- Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai
- Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay
- Management Development Institute, Gurgaon
Team Formation Guidelines:
- The hiring challenge is open to 1st-year students of the flagship MBA program of eligible institutes.
- Students from the same campus can register in teams of two.
- The first to register will become the Team Leader, who can then invite the other members to join the team.
- The students can be from any specialisation.
- Cross-college teams are not allowed.
- A student cannot be a member of more than one team.
- Any deviation from the above-mentioned guidelines will result in immediate disqualification of the entire team.
Opportunity Structure:
First Round: Case Submission
- The case study will be available on the opportunity page itself after your registration.
- Teams are required to submit an executive summary explaining their solution in a PDF format; the file size should not exceed 20 MB.
- It should be a 2-slider deck, excluding the Introduction and Thank You slide.
- The deadline to submit your presentation is 13th September 2026, 11:59 P.M.
Second Round: Virtual Presentations
- Shortlisted teams from the previous round will present their solutions virtually to the senior management of Kotak.
- Each team will be provided 8 minutes for the presentation, followed by 7 minutes for Q&A.
- All the relevant details will be shared with the shortlisted teams via email.
Third Round: Grand Finale
- The Top 6 teams from the previous round will present their business solutions to the panel at the Grand Finale in Mumbai.
- For the Grand Finale, the shortlisted teams will work on an updated version of the case study and develop more detailed, solution-oriented approaches.
- The final submission will be a 5–6 slide deck, excluding the Introduction and Thank You slides.
- Based on the evaluations, the Top 3 teams will be selected and awarded PPOs for Summer Internship along with travel vouchers.
- Additionally, selected finalists from the other teams may be offered PPIs for Summer Internship, as per the panel's discretion.
Responsibilities:
KLGM Interns will work as generalists in any one of the core functions - Digital, Products, Sales, Marketing, Technology, HR, Customer Experience, and Analytics. The role involves contributing to live projects, supporting end-to-end execution, and collaborating with leaders and teams to solve real business challenges. The internship is designed to provide meaningful exposure, cross-functional learning, and an opportunity to apply fresh perspectives in a fast-paced environment.
Rewards and Prizes:
- Winners: PPO for Summer Internship + Ladakh travel voucher for both participants with 1-year validity
- First Runner-Up: PPO for Summer Internship + Goa travel voucher for both participants with 1-year validity
- Second Runner-Up: PPO for Summer Internship + Taj Reward vouchers for both participants
- PPI for select finalists, as per panel judgment
- Campus Winners (best team from each campus who will be part of the Virtual Presentation Rounds): Vouchers
Compensation: INR 1 Lakh per month + one-way ticket + 1 week stay during the summer Internship.