Claims Summer Intern

Posted 3 Days Ago
Be an Early Applicant
Morristown, NJ, USA
In-Office
26-26 Hourly
Internship
Financial Services
The Role
Eight-week reinsurance claims internship providing exposure to claims processes and methodology. Responsibilities include supporting claims projects, attending team meetings, completing training courses, and presenting individual and group capstone projects. Candidates must be current sophomores studying insurance, risk management, finance, accounting, economics, pre-law, or a related field, with a minimum 3.0 GPA and strong analytical, collaborative, organizational, and customer-service skills.
Summary Generated by Built In

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 and gain exposure to all aspects of reinsurance claims.

  • Gain experience in the general claims reinsurance process and methodology.

  • Assist the team with various claims projects and provide support as needed.

  • Attend claims team meetings.

  • Complete Arch University courses.

  • Work on a capstone project, including an individual presentation on a summer project and a group presentation focused on solving a business need.

Qualifications

  • Actively completing area of study in Insurance & Risk Management, Finance, Accounting, Economics, Pre-Law, or relevant program.

  • Minimum 3.0 GPA or higher. 

  • College level - current Sophomore student with expected graduation dates of December 2028 – May 2029.

  • Strong analytical skills, attention to detail and customer service mindset.

  • 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 summer 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.

#LI-KK1

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

13100 Arch Reinsurance Company

Skills Required

  • Currently pursuing a degree in Insurance and Risk Management, Finance, Accounting, Economics, Pre-Law, or a related field
  • Minimum 3.0 GPA
  • Current sophomore standing with expected graduation between December 2028 and May 2029
  • Strong analytical skills
  • Attention to detail
  • Customer service mindset
  • Entrepreneurial spirit and commitment to continuous learning
  • Ability to collaborate effectively as a team player
  • Ability to work independently and manage multiple tasks and priorities in a fast-paced environment
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The Company
HQ: Hamilton
285 Employees
Year Founded: 2001

What We Do

Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital. ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.

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