Description
About This Internship
Arch’s internship program offers students a unique opportunity to gain hands on experience in the insurance industry.It provides challenging learning experiences that serve as a foundation for interns to explore their career choices and to develop professional skills.Working alongside some of the most talented members of the specialty insurance industry, interns will gain relevant expertise in various aspects of the field, participate in learning activities and receive ongoing feedback.
About This Role
Observe and assist with risk assessments, pricing evaluations, and relationship management activities for the Middle Market Solutions underwriting team.
Support team in underwriting and evaluating Natural Catastrophe Accumulation, demonstrating an understanding of catastrophe modeling and interpretation of scenarios.
Learn concepts of how to underwrite in line with LoB governance framework - e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles.
Learn and leverage risk selection and pricing tools.
Support policy documentation and administration.
Support completion of policy administration and credit control processes.
Qualifications
Actively completing area of study in Risk Management & Insurance, Finance, Business, Accounting, Industrial Engineering, Mechanical Engineering, or related program.
Minimum 3.0 GPA or higher.
College level - current Junior or Senior student, with graduation dates ranging from December 2027 - May 2028.
Strong written and verbal communication skills, with ability and desire to attend networking and client facing events.
Proficiency in Microsoft Excel, including pivot tables.
Entrepreneurial spirit along with the desire to be a continuous learner.
Team player who collaborates effectively.
Self-starter who can work independently and deal effectively with multiple tasks/priorities in a fast-paced environment.
Location & Work Arrangement
The program dates are June 2, 2027 – August 6, 2027.
This position is classified as a hybrid position. You will work 3 days onsite and 2 days from home.
This position is located in NYC.
Relocation and housing assistance is not provided for this role.
Timeline
Arch internship positions will be unposted when filled.
Pay
For individuals assigned to or hired to work in New York City, NY, the hourly rate is $26 as of the time of posting. The breadth in the range exists to accommodate students in specialized programs such as actuarial candidates and graduate students. Any actual rate offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, along with the education & qualifications of the candidate. The above range may be modified in the future. Intern position is eligible for select Arch benefits.
