Marine Underwriting Intern

Arch Insurance Group Inc.; New York (NY); Hybrid; USD 30,000 - 41,000; Full time

Benefits offered by this job

Hybrid work arrangement

Arch benefits

Job summary

Arch Insurance Group Inc. in New York City invites applications for a Marine Underwriting Internship, offering hands-on experience in evaluating risks, reviewing submissions, and data analysis to support underwriting decisions.

Interns will learn about marine products, pricing, coverage development, and portfolio management, while gaining exposure to inland and ocean marine lines and working with experienced underwriters in a mentor-led environment.

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, 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.

Skills

Microsoft Office

Strong communication

Team player

Self-starter

Education

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

Tools

Excel

PowerPoint

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.