Internal Audit Summer Intern

Posted Yesterday
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Raleigh, NC, USA
In-Office
24-24 Hourly
Internship
Financial Services
The Role
Supports Internal Audit through audit and advisory projects, SOX testing, process automation, analytics, and Copilot initiatives. Assists with project plans and data summarization while assessing business processes and controls across the organization. The internship provides hands-on experience in the insurance industry and requires collaboration, independent work, and management of multiple priorities.
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 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

  • Contribute to Internal Audit (IA) department, by bringing a systematic, disciplined approach on how to assist the team and assess the effectiveness of Arch processes and controls across all business segments and functional areas.

  • Serve as a team member on Audit/Advisory projects and/or SOX program efforts.

  • Contribute to process automation, analytics, and Copilot projects.

  • Assist in various project related tasks (e.g., update of project plans, support Audit/SOX testing, summarizing data sets).

Qualifications

  • Actively completing a bachelors' degree in Accounting, Finance, Risk Management, or related program.

  • Minimum 3.0 GPA or higher. 

  • College level – Junior or Senior student with graduation dates between December 2027 and May 2028.

  • Interest in the insurance and/or financial services industries preferred.

  • Experience using Microsoft Office products (e.g., Excel, Word, Power Point, etc.) preferred.

  • Basic exposure with data analytics and AI tools (e.g., Alteryx, Power BI, Tableau, Copilot) a plus.

  • 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, 2027 – August 6, 2027.

  • This position is classified as a hybrid position. You will work 2 days onsite and 3 days from home. 

  • This position is located in Raleigh, NC.

  • 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 Raleigh, NC, 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.

#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.

10200 Arch Capital Services LLC

Skills Required

  • Actively completing a bachelor's degree in Accounting, Finance, Risk Management, or a related program
  • Minimum 3.0 GPA
  • College junior or senior with graduation between December 2027 and May 2028
  • Interest in the insurance and/or financial services industries
  • Experience using Microsoft Office products, including Excel, Word, and PowerPoint
  • Basic exposure to data analytics and AI tools, such as Alteryx, Power BI, Tableau, or Copilot
  • Entrepreneurial spirit and desire to be a continuous learner
  • 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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