Claims Summer Intern

Posted Yesterday
Be an Early Applicant
Jersey City, NJ
Internship
Financial Services
The Role
Interns will assist in managing claim files for Arch Insurance products, understanding product terms, and contributing to claims-related projects. They will gain exposure to various claims processes and develop professional skills in the insurance field.
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 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

  • Assist with oversight and management of claim files for various Arch Insurance products.

  • Understand the terms and conditions of the various insurance products that Arch writes.

  • Understand the processes involved in creating a best-in-class claim handling experience for Arch’s customers.

  • Gain exposure to claims from different lines of business.

  • Contribute to the completion of claims-related projects and tasks during the internship.

Qualifications

  • Actively completing area of study in Insurance & Risk Management, Finance, Accounting, Economics, Pre-Law, or relevant program.

  • Minimum 3.0 GPA or higher. 

  • College level - current Junior or Senior student.

  • Strong analytical skills, attention to detail and customer service mindset.

  • 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 - August 8, 2025.

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

  • This position is in Jersey City, NJ.

  • Relocation and housing assistance is not provided for this role.

Timeline 

Arch summer internship positions will be posted from September 2024 and will be unposted when filled.  

Pay   

For individuals assigned to or hired to work in Jersey City, NJ, the hourly rate is $22-30 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.

The Company
HQ: White Plains, NY
285 Employees
On-site Workplace
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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