Actuarial Summer Internship - 2027

Arch Insurance Group Inc.; Greater London; Presencial; GBP 17.000 - 21.000; A tiempo parcial

Descripción de la vacante

Arch Europe Insurance Services Ltd in London offers an 8-week Actuarial Summer Internship in the Actuarial department. The placement targets penultimate-year undergraduates or recent graduates seeking practical skill development in reserving, pricing and capital modelling.

Key tasks include analyses, process mapping and meetings with diverse stakeholders, plus collaborating to boost automation. Strong Python and Excel skills and a proactive, team-oriented mindset are essential.

Formación

• Expected/achieved minimum 2:1 in Mathematics, Actuarial or related degree.
• Interest in actuarial concepts, pricing, reserving and capital modelling.
• Willingness to learn and develop professional skills in a collaborative team.

Responsabilidades

• Assist in analyses including claims reserving, pricing investigations and capital modelling.
• Map processes and document workflows.
• Attend cross-functional meetings with stakeholders across the business.
• Collaborate with development teams to enhance automation in Actuarial.
• "Deep dive" reviews into specific business and regulatory areas.
• Support ad-hoc requests from the team.

Conocimientos

Python

MS Excel

Communication

Teamwork

Problem solving

Educación

2:1 in Mathematics/Actuarial or related degree

Descripción del empleo

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℠.

2027 Actuarial Summer Internship

Role

8-week paid summer internship

Location

London

Department

Actuarial

Duration

Monday 21st June 2027 – Friday 13th August 2027

About Arch Insurance International

• Arch Insurance International, part of the Arch Capital Group, is a market-leading insurer located in the UK. We provide a range of property, casualty, and specialty insurance for corporations, professional firms, and financial institutions across the UK, Europe and Internationally, with a significant presence in the Lloyd’s and London Underwriting market.
• Arch Insurance recognises the need to be a digital insurer and as such has shifted focus from traditional technology initiatives to agile driven digital initiatives, leading the commercial & specialty insurance space. Arch offers an entrepreneurial work environment that empowers the individual and encourages constant learning and growth.
• People are at the centre of everything we do at Arch, and we are passionate about investing in the future talent of the insurance industry and providing early career paths where everyone can thrive. Our range of UK early careers programmes include summer internships, commercial insurance apprenticeships and graduate programmes.

Summer Internship Programme

The Actuarial Summer Internship is an 8-week focused placement, targeted at students entering the penultimate year of their undergraduate or graduate education. This will be an opportunity for the intern to embed themselves into the Actuarial department within Arch to obtain knowledge and professional skills, whilst gaining a comprehensive understanding of the distinct roles within the team.

Key Tasks & Responsibilities will include:

• Assisting in a variety of analyses, including claims reserving, pricing investigations and capital modelling.
• Process mapping and documentation.
• Attending meetings with a range of stakeholders across the business.
• Working with the development team to enhance automation across Actuarial.
• “Deep dive” reviews into specific areas of business and regulatory interest.
• Other ad-hoc tasks as required by the team.

Summer Internship Programme – Skills Developed

Throughout the Summer Internship Programme, you will receive comprehensive training and support, to develop the following skills:

• Communication & Negotiation Skills – ability to adapt your communication style for a variety of audiences.
• Commercial Thinking – Understanding of the insurance market and its customers.
• Regulatory and Compliance awareness.
• Teamwork – ability to work as part of a team
• Organisational discipline with ability to work independently using imitative and without guidance
• Ability to build and maintain both internal and external professional relationships
• Strong programming skills such as Python
• Strong knowledge of MS Excel
• Proficient interpersonal, written, and oral communication skills, in addition to attention to detail and ability to work under pressure.

Qualifications & Experience

• Expected/achieved minimum 2:1 classification in any Mathematics, Actuarial or related degree discipline
• undefinedArch seeks candidates who have excelled in previous work experience, demonstrated outstanding academic and extracurricular achievement, possess strong analytical, quantitative, and interpersonal skills, and are enthusiastic about the insurance industry.
• W/C Monday 2nd November 2026 : Application window opens
• Successful applicants will be contacted no later than Monday 21st December and invited to an online interview
• Early 2027: Online interviews
• Monday 21st June 2027 – Friday 13th August 2027 : Summer Internship

14101 Arch Europe Insurance Services Ltd