IABA Actuarial Intern/Early Careers Program

Posted 2 Days Ago
Be an Early Applicant
5 Locations
In-Office
Internship
Financial Services
The Role
10-week actuarial internship offering hands-on, entry-level actuarial experience. Interns work on a large project, present findings, receive mentoring across actuarial teams, and develop technical and professional skills including coding, quantitative analysis, and collaboration.
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℠.

2026 IABA attendee posting

About This Internship

Arch’s 10-week summer internship program offers students a unique opportunity to gain hands-on experience in the insurance industry. Interns are provided challenging learning experiences that serve as a foundation 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 work experience and instruction similar to that of an entry-level actuarial hire.
  • Contribute to a large project and present findings to the department at the end of the summer.
  • Partner with an onsite mentor from a different actuarial team for broader exposure.

 

Qualifications

  • Actively completing area of study in Actuarial Science, Insurance & Risk Management, Mathematics, Statistics, Quantitative Analysis, or related program.
  • Minimum 3.0 GPA or higher. 
  • College level – Bachelors or Graduate student with graduation dates between December 2027 and May 2029.
  • One or more actuarial exams attempted is preferred, but not required. For every exam passed prior to the internship start date, intern candidates are eligible for a wage premium increase.
  • Experience coding with Python and/or SQL preferred.
  • Interest and experience in insurance industry 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 - August 6, 2027.
  • This position is classified as a hybrid position. You will work 3 days onsite per week, with the option to work onsite or from home for the remaining 2 days. 
  • This position can be located in New York City, NY, Jersey City, NJ, Chicago, IL, Hartford, CT or St. Paul, MN.
  • Relocation and housing assistance is not provided for this role.

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

  • Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

  • Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits.

     

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.

14400 Arch Insurance Group Inc.

Skills Required

  • Actively pursuing a Bachelor's or Graduate degree in Actuarial Science, Insurance & Risk Management, Mathematics, Statistics, Quantitative Analysis, or related field
  • Graduation date between December 2027 and May 2029
  • Minimum 3.0 GPA
  • Team player who collaborates effectively
  • Self-starter who can work independently and manage multiple tasks/priorities
  • Entrepreneurial spirit and desire to be a continuous learner
  • One or more actuarial exams attempted
  • Experience coding with Python and/or SQL
  • Interest and experience in the insurance industry
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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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