Professional Lines & Casualty Underwriting Summer Intern

Arch Capital; New Jersey; Hybrid; USD 30,000 - 41,000; Full time

Job summary

Arch Capital invites students to an 8-week summer internship in Morristown, NJ, offering hands-on experience in the insurance industry. You’ll gain exposure to Casualty & Specialty underwriting, participate in broker networking, and receive extensive training on deal sourcing, analysis, pricing, and negotiations.

The program emphasizes collaboration, feedback, and group capstone work, with a hybrid work arrangement (4 days onsite, 1 day remote) and an emphasis on developing professional skills

Qualifications

• Actively pursuing related undergraduate studies.
• Minimum 3.0 GPA or higher.
• College level - current sophomore student with expected graduation between December 2028 - May 2029.
• Strong written and verbal communication skills.
• Microsoft Excel proficiency strongly preferred.
• Entrepreneurial spirit and continuous learner.
• Team player who collaborates effectively.
• Self-starter who can handle multiple tasks in a fast-paced environment.

Responsibilities

• Gain exposure to Casualty & Specialty underwriting, including claims and actuarial.
• Participate in broker networking and team-building activities.
• Receive hands-on training in deal sourcing, analysis, underwriting decisions, pricing, negotiations.
• Work on live deals and collaborate with cross-functional teams.
• Learn underwriting systems, processes, and account setup across lines.
• Assist with research and provide information to the team.
• Set goals, prioritize tasks, and stay accountable to stakeholders.
• Collaborate with interns on group activities and a capstone project.

Skills

Excel proficiency

Written & verbal communication

Team player

Self-starter

Independent worker

Education

Undergraduate student (Liberal Arts, Insurance & Risk Management, Economics, Business, Communications, Finance, Mathematics, Law)

Job description

Company Culture

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 8-week summer 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

• Gain exposure to all aspects of Casualty & Speciality underwriting, including claims, actuarial, finance, and contracts.
• Participate in broker networking and team-building activities.
• Receive extensive hands-on training from the Underwriting team, covering deal sourcing, analysis, underwriting decision-making, actuarial pricing, and negotiations.
• Work on live deals and collaborate with cross-functional teams.
• Learn underwriting systems, processes, and account setup, along with key fundamentals of General Liability, Auto Liability, Umbrella, Workers Compensation, Environmental, and Specialty business.
• Assist with research and provide information to the team, gaining an understanding of Casualty & Speciality underwriting.
• Set and achieve goals, prioritize tasks, and stay accountable to stakeholders.
• Collaborate with other interns on group activities and the end-of-program capstone project.

Qualifications

• Actively completing area of study in Liberal Arts, Insurance & Risk Management, Economics, Business, Communications, Finance, Mathematics, Law or relevant program.
• Minimum 3.0 GPA or higher.
• College level - current sophomore student with expected graduation date between December 2028 - May 2029.
• Strong written and verbal communication skills.
• Microsoft Excel proficiency strongly preferred.
• 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 - July 23, 2027.

This position is classified as a hybrid position. You will work 4 days onsite and 1 day from home.

This position is in Morristown, NJ.

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 Morristown, NJ, 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.

13100 Arch Reinsurance Company