Professional Liability Underwriting Intern

Arch Capital; Chicago (IL); Hybrid; USD 27,000 - 39,000; Full time

Job summary

Arch Capital offers an internship in Chicago where students participate in underwriting tasks and learn risk assessment through hands-on experience. You will review submissions, shadow referrals, and analyze loss run data while supporting marketing outreach.

The program runs in summer 2027, with a hybrid work arrangement (3 onsite, 2 remote) and a pay rate of $24 per hour. Ideal for rising juniors or seniors pursuing risk management, economics, business, cybersecurity, or CS.

Qualifications

• Pursuing a bachelor's degree in a relevant program with a minimum 3.0 GPA.
• Current junior or senior student with a target graduation between Dec 2027 and May 2028.
• Strong understanding of financial statements and data interpretation.
• Excellent written and verbal communication and presentation skills.
• Analytical thinker who can collaborate and work independently on multiple tasks.

Responsibilities

• Participate in underwriting by reviewing submissions, applications, and client websites.
• Assist in underwriting referrals and shadow calls to understand decision-making.
• Run and analyze loss run reports to support risk assessment.
• Review pipeline activity and organize files to maintain workflow.
• Support team marketing efforts by engaging with brokers and assisting outreach.
• Present data on submissions and quote metrics to identify trends.

Skills

Financial statement analysis

Communication

Public speaking

Analytical thinking

Entrepreneurial mindset

Teamwork

Self-motivation

Multitasking

Education

Bachelor's degree in Risk Management and Insurance, Economics, Business, Cybersecurity, Computer Science, or related program

GPA 3.0 or higher

Rising junior or senior with graduation window Dec 2027–May 2028

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

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

The program dates are June 2, 2027 - August 6, 2027.
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

14400 Arch Insurance Group Inc.