Marine Underwriting Intern

McNeil & Co.

New York (NY)

On-site

USD 30,000 - 42,000

Full time

8 days ago

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Benefits offered by this job

Select Arch benefits

Job summary

Arch Insurance Group Inc. in New York City offers a Marine Underwriting Internship where interns assist in evaluating risks, reviewing submissions, and analyzing data to support underwriting decisions.

You will gain exposure to inland and ocean marine products, pricing, and portfolio management while learning from experienced underwriters through mentorship and formal training.

Qualifications

  • Actively completing graduate degree in Risk Management and Insurance, Maritime or related program.
  • Minimum 3.0 GPA or higher.
  • College level – Graduate student with graduation dates between December 2027 and May 2028.
  • Strong written and verbal communication skills.
  • Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
  • 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.

Responsibilities

  • Assist the Marine Underwriting team with evaluating risks and reviewing submissions.
  • Analyze data to support underwriting decisions and gain exposure to marine products.
  • Support underwriting projects, market research, and broker relationships.
  • Learn components of inland and ocean marine underwriting through hands-on assignments.
  • Receive mentorship while building technical, analytical, and business skills.

Skills

Written communication
Verbal communication
Team player
Independent work
Entrepreneurial spirit
Multitasking
Microsoft Office

Education

Graduate degree in Risk Management and Insurance, Maritime or related program

Tools

Microsoft Office Suite

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 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

Assist the Marine Underwriting team with evaluating risks, reviewing submissions, and analyzing data to support underwriting decisions. Gain exposure to marine insurance products, pricing, coverage development, and portfolio management while learning how underwriting decisions are made. Support underwriting projects, market research, and broker relationship activities, helping identify trends and opportunities within the marine insurance market. Gain exposure to different components of marine underwriting, including inland and ocean marine products. Learn from experienced underwriters through hands‑on assignments, formal training, and mentorship while building technical, analytical, and business skills.

Qualifications
  • Actively completing graduate degree in Risk Management and Insurance, Maritime or related program.
  • Minimum 3.0 GPA or higher.
  • College level – Graduate student with graduation dates between December 2027 and May 2028.
  • Strong written and verbal communication skills.
  • Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
  • 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 New York City, NY. 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 New York City, NY, 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.

14400 Arch Insurance Group Inc. 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.

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