Using spin polarized neutron reflectivity experiments, we demonstrate an unusual proximity behaviour when the superconductor (SC) and the ferromagnet (FM) are coupled through an insulator (I) in YBa2Cu3O7-{delta} (SC)/SrTiO3 (I)/La0.67Sr0.33MnO3 (FM) heterostructures. We have observed an unexpected magnetic modulation at the interface region of the FM below the superconducting transition temperature. The magnetization of the FM layer at the I/FM interface was drastically reduced as compared to the magnetization in the rest of the FM layer. This result indicates that the Cooper pairs tunnel across the insulator and interact with the local magnetization at the interface region (extending ~ 30 {AA}) of the FM causing modification of the magnetization at the interface. This unexpected magnetic behavior cannot be explained on the basis of the existing theoretical models. However, the length scale associated here clearly suggests the long range proximity effect as a result of tunneling of Cooper pairs.