Chicago, Illinois, United States (Hybrid) · Posted 3 days ago
Job Function Underwriter
Job Type Internship
Job Duration 3-6 Months

About this role

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 

Participate in the underwriting process by reviewing account submissions, applications, and client websites. 
Assist in preparing underwriting referrals and shadow underwriting calls to gain exposure to decision-making processes. 
Run and analyze loss run reports to support risk assessment and account evaluation. 
Review pipeline activity and organize Imageright files to maintain workflow efficiency. 
Contribute to team marketing efforts by engaging with brokers and supporting outreach initiatives. 
Present data on submission and quote metrics to help track performance and identify trends. 

Qualifications

Actively completing a bachelor’s degree in Risk Management and Insurance, Economics, Business, Cybersecurity, Computer Science, 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 proficiency in understanding financial statements. 
Exemplary written and verbal communication skills. 
Strong presentation and public speaking skills. 
Strong analytical skillset, with a keen ability to think through issues 
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 Chicago. 
Relocation and housing assistance is not provided for this role. 

Timeline 

Arch internship positions will be unposted when filled. 

Pay 

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. 

$24 per hour

Job ID: 86583273

About the company

Arch Capital Services LLC
Arch Capital Group Ltd. is a publicly listed Bermuda exempted company that writes insurance, reinsurance and mortgage insurance on a worldwide basis. As an S&P 500 company, Arch is recognized as a leading global financial services company. Since Arch was formed in 2001, we have grown in many ways: geographically, through new lines of business and by increasing the size of our workforce. What hasn’t changed is our 6,400 plus employees’ commitment to a common set of values that shape our behaviors and company culture. …
View full profile & all jobs

Jobs you may like

Arch Insurance Group Inc.
Claims Intern_R26_1059
Morristown, NJ, United States (hybrid)
$24–$26 / hr
Arch Capital Services LLC
Associate Underwriter, Mid-West
Chicago, IL, United States (hybrid)
Arch Capital Services LLC
Healthcare Underwriting Intern_R26_1058
Chicago, IL, United States (hybrid)
$24 / hr
Arch Capital Services LLC
Director, Actuary (Hybrid)
Jersey City, NJ, United States (hybrid)