Middle Market Commercial Underwriting Intern

McNeil & Co.; New York (NY); Hybrid; USD 30,000 - 41,000; Part time

Benefits offered by this job

Arch benefits

Job summary

Arch Insurance Group Inc. offers an internship in New York City to gain hands-on experience in the insurance industry. You will work with the Middle Market Solutions underwriting team on risk assessments, pricing and client relationships, including catastrophe modeling concepts.

The 2027 internship runs June 2 to August 6, is a hybrid role (3 days onsite, 2 from home) in NYC, with relocation not provided. The hourly rate is $26 for NYC residents, and interns are eligible for Arch benefits.

Qualifications

• Actively pursuing a degree in Risk Management & Insurance, Finance, Business, Accounting, or related field.
• Minimum 3.0 GPA or higher.
• Junior or Senior student with graduation dates in 2027–2028.
• Strong written and verbal communication; able to network and engage with clients.
• Proficient in Microsoft Excel (pivot tables).

Responsibilities

• Observe and assist with risk assessments, pricing evaluations, and relationship management activities for underwriting.
• Support underwriting and evaluation of Natural Catastrophe Accumulation.
• Learn underwriting within governance frameworks and use risk selection and pricing tools.
• Support policy documentation and administration.
• Support completion of policy administration and credit control processes.

Skills

Communication skills

Excel (Pivot Tables)

Team player

Self-starter

Networking events

Independent work

Entrepreneurial spirit

Education

Risk Management & Insurance/Business major

GPA 3.0+

Junior/Senior, graduation 2027-2028

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.

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

Observe and assist with risk assessments, pricing evaluations, and relationship management activities for the Middle Market Solutions underwriting team. Support team in underwriting and evaluating Natural Catastrophe Accumulation, demonstrating an understanding of catastrophe modeling and interpretation of scenarios. Learn concepts of how to underwrite in line with LoB governance framework - e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles. Learn and leverage risk selection and pricing tools. Support policy documentation and administration. Support completion of policy administration and credit control processes.

Qualifications

• Actively completing area of study in Risk Management & Insurance, Finance, Business, Accounting, Industrial Engineering, Mechanical Engineering, or related program.
• Minimum 3.0 GPA or higher.
• College level - current Junior or Senior student, with graduation dates ranging from December 2027 - May 2028.
• Strong written and verbal communication skills, with ability and desire to attend networking and client facing events.
• Proficiency in Microsoft Excel, including pivot tables.
• 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 NYC. 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.