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About the Role
This 8-week paid summer internship is designed for students entering their penultimate year of undergraduate or graduate studies. The program offers an opportunity to immerse yourself in the Actuarial department, gain knowledge and professional skills, and develop a comprehensive understanding of the team's distinct roles.
Responsibilities
- Assist in various analyses, including claims reserving, pricing investigations, and capital modelling.
- Perform process mapping and documentation.
- Attend meetings with diverse business stakeholders.
- Collaborate with the development team to enhance automation within Actuarial.
- Conduct in-depth reviews of specific business and regulatory areas.
- Undertake other ad-hoc tasks as assigned by the team.
Requirements
- Achieved or expected minimum 2:1 classification in a Mathematics, Actuarial, or related degree discipline.
- Demonstrated excellence in previous work experience.
- Shown outstanding academic and extracurricular achievement.
- Possess strong analytical, quantitative, and interpersonal skills.
- Enthusiastic about the insurance industry.
Skills
- Communication & Negotiation Skills
- Commercial Thinking
- Regulatory and Compliance awareness
- Teamwork
- Organisational discipline with ability to work independently using initiative and without guidance
- Ability to build and maintain both internal and external professional relationships
- Strong programming skills such as Python
- Strong knowledge of MS Excel
- Proficient interpersonal, written, and oral communication skills
- Attention to detail
- Ability to work under pressure
Location
- London
Work Type
- Internship
- Paid
Experience Level
- Internship
Education Level
- Undergraduate
- Graduate
Benefits
- 8-week paid summer internship
About the Company
- Arch Insurance International, part of Arch Capital Group, is a market-leading UK insurer.
- Provides property, casualty, and specialty insurance for corporations, professional firms, and financial institutions across the UK, Europe, and internationally.
- Has a significant presence in the Lloyd’s and London Underwriting market.
- Recognizes the need to be a digital insurer, shifting focus from traditional technology to agile driven digital initiatives.
- Leads the commercial & specialty insurance space.
- Offers an entrepreneurial work environment that empowers individuals and encourages continuous learning and growth.
- Invests in future talent for the insurance industry and provides early career paths.
- Offers UK early careers programmes including summer internships, commercial insurance apprenticeships, and graduate programmes.