Property Facultative Underwriting Summer Intern

Arch Capital; Farmington (CT); Hybrid; USD 27,000 - 39,000; Full time

Benefits offered by this job

Hybrid work arrangement

Arch benefits

Job summary

Arch Capital offers an 8-week summer internship in Farmington, CT, providing hands-on experience in the insurance industry. Interns will engage with underwriters, participate in learning activities, and receive ongoing feedback to build professional skills.

This hybrid program requires a 3.0+ GPA and current student status (through May 2029). The rate is $24 per hour, with relocation not provided, and Arch benefits applicable to eligible interns.

Qualifications

• GPA 3.0+ and current student status through May 2029.
• Actively pursuing Risk Management, Economics, Business, Communications, or related field.
• Strong written and verbal communication skills required.

Responsibilities

• Attend education sessions and gain exposure to property facultative underwriting.
• Receive hands-on training with Underwriters and the Assistant Underwriting team.
• Learn underwriting systems, processes, and account setup procedures.
• Assist with tasks to develop understanding of facultative underwriting.
• Demonstrate goal-setting, prioritization and accountability to stakeholders.
• Collaborate with interns on group activities and capstone project.
• Travel to other Arch office locations for training, marketing, and events.

Skills

Excel proficiency

Strong communication

Team player

Self-starter

Education

GPA 3.0 or higher

College level: Sophomore–Senior

Tools

Excel

Underwriting systems

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 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

• Participate in education sessions, gain exposure to all aspects of property facultative underwriting, and engage in networking and team building opportunities.
• Receive extensive hands-on training with Underwriters and the Assistant Underwriting team, learning through observation, repetition, and application.
• Learn the ins and outs of our underwriting systems, processes, and account set up procedures.
• Assist the team with tasks designed to develop an understanding of facultative underwriting while providing research and information to support business objectives.
• Demonstrate the ability to achieve results by setting goals, prioritizing tasks and maintaining accountability to stakeholders.
• Collaborate with other interns on any group activities and contribute to the end of program capstone project.
• Travel to other office locations, as appropriate, for training, marketing, and company events.

Qualifications

• Actively completing area of study Risk Management, Economics, Business, Communications, or relevant program.
• Minimum 3.0 GPA or higher.
• College level - current sophomore, junior, or senior student with expected graduation date between December 2027 - 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 Farmington, CT.
• 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 Farmington, CT, 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.

13100 Arch Reinsurance Company