With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility?.
About This Internship
Arch’s 10-week summer 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
Learn and support the underwriting of primary and excess casualty business from wholesale broker sources.
Assist in the assessment of medium to large commercial corporations in both primary and excess casualty lines.
Contribute to projects which may include analyzing segment data, underwriter workflows, individual accounts, and broker engagement.
Review and analyze production activities conducted by underwriters.
Complete a summer-long capstone project relevant to the insurance industry.
Qualifications
Actively completing area of study in Finance, Economics, Risk Management & Insurance, or relevant program.
Minimum 3.0 GPA or higher.
College level - current Junior or Senior student.
Experience in Microsoft Office tools, including Excel.
Strong written and verbal communication skills.
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 - August 8, 2025.
This position is classified as a hybrid position. You will work 2 days onsite and 3 days from home.
This position is in Chicago, IL.
Relocation and housing assistance is not provided for this role.
Timeline
Arch summer internship positions will be posted from September 2024 and will be unposted when filled.
Pay
For individuals assigned to or hired to work in Chicago, IL, the hourly rate is $22-30 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.
Actively completing area of study in Finance, Economics, Risk Management & Insurance, or relevant program.
Minimum 3.0 GPA or higher.
College level - current Junior or Senior student.
Experience in Microsoft Office tools, including Excel.
Strong written and verbal communication skills.
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.
Founded in 2001, Arch has evolved into a global leader in specialty insurance. Part of the S&P 500, we provide insurance, reinsurance and mortgage insurance on a worldwide basis, with close to 6,000 employees in more than 15 countries and growing.