Professional Liability Underwriting Intern

McNeil & Co.; Chicago (IL); Hybrid; USD 27,000 - 39,000; Part time

Benefits offered by this job

Select Arch benefits

Job summary

Arch Capital Group Ltd. in Chicago offers a summer internship in the insurance industry designed for students pursuing risk management and related fields.

The program runs June 2, 2027 to August 6, 2027, and combines 3 days onsite with 2 days remote work. Interns will review submissions, assist referrals, run loss run analyses, organize files, and support marketing initiatives while gaining exposure to underwriting decision processes and performance metrics.

Qualifications

• Pursuing a bachelor’s degree in a related field with a minimum 3.0 GPA.
• Current junior or senior with graduation dates Dec 2027–May 2028.
• Strong financial statement understanding and analytical mindset.

Responsibilities

• Participate in underwriting process by reviewing submissions, applications, and client websites.
• Assist in preparing underwriting referrals and shadow underwriting calls.
• Run and analyze loss run reports to support risk assessment.
• Review pipeline activity and organize Imageright files to maintain workflow efficiency.
• Contribute to team marketing efforts by engaging with brokers and supporting outreach initiatives.
• Present data on submission and quote metrics to track performance.

Skills

Analytical skills

Communication skills

Public speaking

Teamwork

Education

Bachelor’s degree (pursuing)

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

• Participate in the underwriting process by reviewing account submissions, applications, and client websites.
• Assist in preparing underwriting referrals and shadow underwriting calls to gain exposure to decision-making processes.
• Run and analyze loss run reports to support risk assessment and account evaluation.
• Review pipeline activity and organize Imageright files to maintain workflow efficiency.
• Contribute to team marketing efforts by engaging with brokers and supporting outreach initiatives.
• Present data on submission and quote metrics to help track performance and identify trends.

Qualifications

• Actively completing a bachelor’s degree in Risk Management and Insurance, Economics, Business, Cybersecurity, Computer Science, 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 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

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

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.