Actuarial Summer Internship — 8 Weeks Paid (London)

Arch Insurance Group Inc.; Greater London; On-site; GBP 17,000 - 21,000; Part time

Job summary

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.

Qualifications

• 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.

Responsibilities

• 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.

Skills

Python

MS Excel

Communication

Teamwork

Problem solving

Education

2:1 in Mathematics/Actuarial or related degree

Job description

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.