Marine Underwriting Intern

Posted Yesterday
Be an Early Applicant
New York, NY, USA
In-Office
26-26 Hourly
Internship
Financial Services
The Role
Supports the Marine Underwriting team by evaluating risks, reviewing submissions, analyzing data, and assisting with underwriting decisions. The intern gains exposure to marine insurance products, pricing, coverage development, portfolio management, market research, and broker relationships. Responsibilities include supporting underwriting projects and learning through hands-on assignments, formal training, and mentorship.
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

  • Assist the Marine Underwriting team with evaluating risks, reviewing submissions, and analyzing data to support underwriting decisions.
  • Gain exposure to marine insurance products, pricing, coverage development, and portfolio management while learning how underwriting decisions are made.
  • Support underwriting projects, market research, and broker relationship activities, helping identify trends and opportunities within the marine insurance market.
  • Gain exposure to different components of marine underwriting, including inland and ocean marine products.
  • Learn from experienced underwriters through hands-on assignments, formal training, and mentorship while building technical, analytical, and business skills.

Qualifications

  • Actively completing graduate degree in Risk Management and Insurance, Maritime or related program.
  • Minimum 3.0 GPA or higher. 
  • College level – Graduate student with graduation dates between December 2027 and May 2028.
  • Strong written and verbal communication skills.
  • Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
  • 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 3 days onsite and 2 days from home. 
  • This position is located in New York City, 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 New York City, 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.

14400 Arch Insurance Group Inc.

Skills Required

  • Actively completing a graduate degree in Risk Management and Insurance, Maritime studies, or a related program
  • Minimum 3.0 GPA
  • Graduate student graduating between December 2027 and May 2028
  • Strong written and verbal communication skills
  • Proficiency in Microsoft Office Suite, including Excel, Word, and PowerPoint
  • Entrepreneurial spirit and commitment to continuous learning
  • Ability to collaborate effectively as part of a team
  • 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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