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 8-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
- Gain exposure to all aspects of Casualty & Specialty underwriting, including claims, actuarial, finance, and contracts.
- Participate in broker networking and team-building activities.
- Receive extensive hands-on training from the Underwriting team, covering deal sourcing, analysis, underwriting decision-making, actuarial pricing, and negotiations.
- Work on live deals and collaborate with cross-functional teams.
- Learn underwriting systems, processes, and account setup, along with key fundamentals of General Liability, Auto Liability, Umbrella, Workers Compensation, Environmental, and Specialty business.
- Assist with research and provide information to the team, gaining an understanding of Casualty & Specialty underwriting.
- Set and achieve goals, prioritize tasks, and stay accountable to stakeholders.
- Collaborate with other interns on group activities and the end-of-program capstone project.
Qualifications
- Actively completing area of study in Liberal Arts, Insurance & Risk Management, Economics, Business, Communications, Finance, Mathematics, Law or relevant program.
- Minimum 3.0 GPA or higher.
- College level - current sophomore student with expected graduation date between December 2028 – May 2029.
- Strong written and verbal communication skills.
- Microsoft Excel proficiency strongly preferred.
- 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 – July 23, 2027.
- This position is classified as a hybrid position. You will work 4 days onsite and 1 day from home.
- This position is in Morristown, NJ.
- 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 Morristown, NJ, 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.
#LI-KK1
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn't the right fit but you're interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch's Talent Acquisition team.
13100 Arch Reinsurance Company
