Middle Market Umbrella & Excess Underwriting Summer Intern

Arch Capital Group Ltd.Los Angeles, CA
52d$24Hybrid

About The Position

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 10-week summer 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 Observe and assist with risk assessments, pricing evaluations, and relationship management activities for the MidCorp Middle Market Excess underwriting team. Support team in underwriting and evaluating Natural Catastrophe Accumulation, demonstrating an understanding of catastrophe modeling and interpretation of scenarios. Learn concepts of how to underwrite in line with LoB governance framework - e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles. Learn and leverage risk selection and pricing tools. Support policy documentation and administration. Support completion of policy administration and credit control processes.

Requirements

  • Actively completing bachelor's degree in Risk Management & Insurance, Finance, Business, Accounting, Industrial Engineering, Mechanical Engineering, or related program.
  • Minimum 3.0 GPA or higher.
  • College level - Junior or Senior student with graduation dates between December 2026 and May 2027.
  • 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.

Responsibilities

  • Observe and assist with risk assessments, pricing evaluations, and relationship management activities for the MidCorp Middle Market Excess underwriting team.
  • Support team in underwriting and evaluating Natural Catastrophe Accumulation, demonstrating an understanding of catastrophe modeling and interpretation of scenarios.
  • Learn concepts of how to underwrite in line with LoB governance framework - e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles.
  • Learn and leverage risk selection and pricing tools.
  • Support policy documentation and administration.
  • Support completion of policy administration and credit control processes.
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