Part-Time Accounting Intern (January 2027 - April 2027)

Arch Capital Group; Greensboro (NC); Hybrid; USD 30,000 - 36,000; Full time

Benefits offered by this job

Select Arch benefits

Job summary

Arch Capital Group in Greensboro, NC offers an internship in Finance where students gain hands-on experience with the insurance industry. You will work on month-end close tasks, GAAP/statutory reporting, and mortgage insurance statements while collaborating with tax and compliance teams.

The program runs January–April 2027 with onboarding in December 2025 prior to holidays. It is a hybrid role, 15–20 hours/week, 1+ day onsite and 1–2 days remote, with an hourly wage of $24 and eligible Arch

Qualifications

• Actively pursuing Accounting or Finance degree with a 3.0 GPA or higher.
• Junior or Senior student with graduation between May 2027 and December 2027.
• Strong written and verbal communication skills; proficient in MS Office.

Responsibilities

• Assist in the month-end close: prepare journal entries, update monthly reporting files, and perform account reconciliations.
• Support GAAP and Statutory financial statement preparation within reporting timelines.
• Contribute to creating annual statement pages (Yellowbooks) for Mortgage Insurance companies.
• Prepare premium tax returns for selected states and MI companies under guidance of tax team.
• Collaborate with compliance to support year-end state filing requirements.
• Participate in a long-term Finance department process-improvement or automation project.
• Deliver a final presentation summarizing internship experience and project outcomes.

Skills

Accounting/Finance study

GPA 3.0+

Junior or Senior (May 2027-Dec 2027)

Written & verbal communication

MS Office (Excel/Word/PowerPoint)

Team player

Self-starter

Education

Accounting or Finance program (in progress)

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 in the month-end close process by preparing journal entries, updating monthly reporting files, and performing account reconciliations.
• Support the preparation of GAAP and Statutory financial statements in accordance with internal and external reporting timelines.
• Contribute to the creation of annual statement pages (Yellowbooks) for Mortgage Insurance (MI) companies.
• Prepare premium tax returns for selected states and MI companies under the guidance of the tax team.
• Collaborate with the compliance team to support year-end state filing requirements.
• Participate in a long-term project focused on process improvement or automation within the Finance department.
• Deliver a final presentation summarizing your internship experience and project outcomes to the department.

Qualifications

• Actively completing area of study in Accounting, Finance, or relevant program.
• Minimum 3.0 GPA or higher.
• College level - current Junior, or Senior student, with graduation dates ranging from May 2027 - December 2027.
• 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 January - April, 2027, with expectation to onboard briefly in December 2025 prior to holiday season.
• This position is classified as a hybrid position. The intern will work 1+ day onsite (Tuesday and/or Wednesday) and 1-2 days remotely.
• This position works 15-20 hours/week, over 3+ business days during business hours.
• This position is in Greensboro, NC.
• 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 Greensboro, NC, 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.

Benefits

Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more.

14500 Arch U.S. MI Services Inc.