Investment Accounting Summer Intern

Posted 4 Days Ago
Be an Early Applicant
White Plains, NY, USA
In-Office
26-26 Hourly
Internship
Financial Services
The Role
Support investment accounting through reconciliations, document review, investment disclosure preparation, finance system activities, compliance-related risk evaluations, and special projects. The intern will collaborate with investment management, third-party asset managers, and compliance teams while developing professional skills in the insurance industry.
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

  • Support completing reconciliations and reviewing supporting documents obtained from Arch Investment Management team and third-party asset managers.

  • Consolidate support for investment disclosures.

  • Learn the finance and accounting systems that Arch leverages to complete tasks.

  • Collaborate with compliance team to complete tasks evaluating risks and placement.

  • Assist in special project related to investment accounting.

Qualifications

  • Actively completing bachelor’s degree in Accounting, Finance, Business Management, Economics, or related program.

  • Minimum 3.0 GPA or higher. 

  • College level - current Sophomore, Junior, or Senior student, with graduation dates ranging from December 2027 – May 2029.

  • Microsoft Office, including Excel, experience strongly preferred.

  • Strong analytical, problem-solving and decision-making capabilities.

  • 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 White Plains, NY.

  • 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 White Plains, NY, 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.

10200 Arch Capital Services LLC

Skills Required

  • Currently completing a bachelor's degree in Accounting, Finance, Business Management, Economics, or a related program
  • Minimum 3.0 GPA
  • Current sophomore, junior, or senior student
  • Graduation between December 2027 and May 2029
  • Microsoft Office, including Excel, experience
  • Strong analytical, problem-solving, and decision-making capabilities
  • Ability to collaborate effectively as a team player
  • Ability to work independently and manage multiple priorities in a fast-paced environment
  • Entrepreneurial spirit and continuous-learning mindset
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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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