Healthcare Underwriting Intern

Arch Insurance Group Inc.; Chicago (IL); Hybrid; USD 33,000 - 36,000; Full time

Benefits offered by this job

Arch benefits

Job summary

Arch Insurance Group Inc. offers a healthcare underwriting internship in Chicago, blending on-site collaboration with remote work. The program runs June 2, 2027 – August 6, 2027, with a hybrid schedule (3 days onsite, 2 days from home).

Interns will support professional and general liability underwriting activities and gain exposure to risk assessment and policy reviews. The role emphasizes analytics, reporting, and collaboration with experienced underwriters.

Qualifications

• Actively pursuing a relevant degree with at least a 3.0 GPA.
• Junior or Senior standing with graduation dates between Dec 2027 and May 2028.
• Strong analytical and financial statement comprehension.
• Excellent written and verbal communication.

Responsibilities

• Support healthcare underwriting team with various liability coverages.
• Assist in underwriting tasks and analysis.
• Contribute to risk assessment, policy reviews and renewals.
• Prepare reports and presentations for internal stakeholders.

Skills

Financial statement analysis

Written communication

Verbal communication

Public speaking

Team collaboration

Independent working

Attention to detail

Adaptability

Education

Currently pursuing degree in Insurance & Risk Management, Finance, Business Administration, Economics

Tools

Microsoft Excel

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.

Job Description

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

• Support the healthcare underwriting team with professional liability, general liability, umbrella, and excess coverages.
• Assist in underwriting tasks and analysis.
• Support projects related to professional, general, and excess liability coverage.
• Participate in risk assessment and evaluation.
• Work with the underwriting team on policy reviews and renewals.
• Contribute to reports and presentations for internal stakeholders.

Qualifications

• Actively completing area of study in Insurance & Risk Management, Finance, Business Administration, Economics, or relevant 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

For individuals assigned to or hired to work in Chicago, the hourly rate is $24 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.

$24 per hour

14400 Arch Insurance Group Inc.