Claims Summer Intern

McNeil & Co.; Morristown (NJ); Hybrid; USD 30,000 - 42,000; Part time

Benefits offered by this job

Arch benefits

Job summary

Arch Reinsurance Company in Morristown, NJ, is offering an 8-week summer internship designed to provide hands-on experience in the insurance industry. Interns will participate in education sessions, gain exposure to reinsurance claims, and complete university courses while collaborating on a capstone project.

The role emphasizes analytical skills, teamwork, and a customer-service mindset, with a hybrid work arrangement (4 days on-site, 1 day from home).

Qualifications

• Actively completing area of study in Insurance & Risk Management, Finance, Accounting, Economics, Pre-Law, or relevant program.
• Minimum 3.0 GPA or higher.
• College level - current Sophomore student with expected graduation December 2028 – May 2029.
• Strong analytical skills, attention to detail and customer service mindset.
• Entrepreneurial spirit along with the desire to be a continuous learner.
• Team player who collaborates effectively.
• Self-starter who can work independently in a fast-paced environment.

Responsibilities

• Participate in education sessions and gain exposure to all aspects of reinsurance claims.
• Gain experience in the general claims reinsurance process and methodology.
• Assist the team with various claims projects and provide support as needed.
• Attend claims team meetings.
• Complete Arch University courses.
• Work on a capstone project, including an individual presentation on a summer project and a group presentation focused on solving a business need.

Skills

Analytical skills

Attention to detail

Customer service mindset

Team player

Self-starter

Independent worker

Education

Insurance & Risk Management

Finance

Accounting

Economics

Pre-Law

Job description

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

• Participate in education sessions and gain exposure to all aspects of reinsurance claims.
• Gain experience in the general claims reinsurance process and methodology.
• Assist the team with various claims projects and provide support as needed.
• Attend claims team meetings.
• Complete Arch University courses.
• Work on a capstone project, including an individual presentation on a summer project and a group presentation focused on solving a business need.

Qualifications

• Actively completing area of study in Insurance & Risk Management, Finance, Accounting, Economics, Pre-Law, or relevant program.
• Minimum 3.0 GPA or higher.
• College level - current Sophomore student with expected graduation dates of December 2028 – May 2029.
• Strong analytical skills, attention to detail and customer service mindset.
• 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 summer 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.

13100 Arch Reinsurance Company Arch Capital Group Ltd. is a Bermuda-based specialty insurer that provides insurance, reinsurance and mortgage insurance on a worldwide basis. With a 20+-year track record of delivering results and a coveted position on the S&P 500 index, Arch is a great place to grow your career.