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2025 Summer Internship - Underwriting

  • Internship
    Full-time
    Summer Internship
  • Customer Relations
    Business, Operations & Strategy
  • London
  • Quick Apply
    22d left

AI generated summary

  • You must have a minimum 2:1 degree, excelled in work experience and academics, and possess strong analytical, quantitative, and interpersonal skills with enthusiasm for the insurance industry.
  • You will assist the Underwriting team with administrative and technical tasks, maintain files, process accounts accurately, and become proficient in IRIS to support inquiries.

Requirements

  • Expected/achieved minimum 2:1 classification in any degree discipline
  • Arch seeks candidates who have excelled in previous work experience, demonstrated outstanding academic and extracurricular achievement, possess strong analytical, quantitative, and interpersonal skills, and are enthusiastic about the insurance industry.

Responsibilities

  • Establish goals with the line manager, which will be measured at various points throughout the summer.
  • Provide administrative and technical support to the Underwriting team as required.
  • Administrative and Technical support includes but is not limited to the maintenance of files and the processing, recording of business accounts accurately and in a timely manner on the Company’s IT and administrative systems in accordance with processing standards and procedures.
  • Develop into an IRIS expert and be able to set up enquiries to assist the Underwriting team as required.

FAQs

What is the duration of the Underwriting Summer Internship?

The internship runs from Monday 23rd June 2025 to Friday 15th August 2025.

Is this internship a paid opportunity?

Yes, the Underwriting Summer Internship is a paid opportunity.

Who is eligible to apply for this internship?

The internship is targeted at students entering the penultimate year of their undergraduate or graduate education.

What qualifications are required for this internship?

Candidates are expected to have achieved a minimum 2:1 classification in any degree discipline.

When does the application window open and close?

The application window opens on Wednesday 2nd October 2024 and closes on Friday 24th January 2025.

What skills will be developed during the internship?

Skills developed during the internship include communication and negotiation skills, commercial thinking, teamwork, organizational discipline, and basic knowledge of MS Office applications.

How will interns be evaluated during the internship?

Interns will establish goals with their line manager, which will be measured at various points throughout the summer.

When will successful applicants be contacted for interviews?

Successful applicants will be contacted during the week commencing 27th January 2025 and invited to an online interview.

Will interns work independently during the internship?

Yes, interns are expected to demonstrate the ability to work independently using initiative and without guidance.

How can candidates stay updated on job openings at Arch?

Candidates can create a job alert by creating an account and opting in to receive emails when job openings that meet their criteria are available.

Finance
Industry
5001-10,000
Employees
2001
Founded Year

Mission & Purpose

Arch is a leading global insurer with operations in more than a dozen countries. We write insurance, reinsurance and mortgage insurance on a worldwide basis, with corporate headquarters in Bermuda. Our customers value us as an innovative partner and dependable risk manager with decades of fresh ideas and solid results. Since our formation in 2001, Arch has grown organically, by building capacity in diverse lines of insurance, and through targeted acquisitions of businesses that enhance our offerings and fit our culture. We see our employees as our greatest asset and we’re deeply committed to doing what’s right for our people and the communities where we live and work. That’s why we offer what matters to our expanding, diversifying team — from a collaborative and creative environment, to professional growth opportunities and forums to advocate for one another and spark change. As a corporation, we support initiatives to improve housing, education and equity around the world. At the same time, we encourage our employees to give to the causes that matter to them by providing Volunteer Time Off and Matching Gifts programs. Whether you’re looking for an insurance solution, a place to grow your career or simply to better understand what we offer our shareholders, we’re glad you’re here. ATTENTION JOB SEEKERS Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously. If you receive a communication or email, please be vigilant to fraudulent activity asking you to submit any personal information. DO NOT send money or share any details with someone suggesting they can provide employment with Arch. Your information should only be entered into our official job portal. Please know the following about our interviewing and hiring practices: We never make job offers without a formal interview process. We never ask you to send money of any kind.