Summer 2026

E&S Casualty Underwriting Intern

Underwriting

Posted on 8/25/2025

Arch Capital Group

Arch Capital Group

Underwrites insurance, reinsurance, and mortgage insurance

Compensation Overview

$24/hr

No H1B Sponsorship

Chicago, IL, USA

Hybrid

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

Category
Finance & Banking (1)
Required Skills
Risk Management
Excel/Numbers/Sheets
Requirements
  • Actively completing area of study in Risk Management & Insurance, Finance, Economics, or relevant program.
  • Minimum 3.0 GPA or higher.
  • College level - current Junior or Senior student, with graduation dates ranging from December 2026 – May 2027.
  • Experience in Microsoft Office tools, including Excel.
  • Strong written and verbal communication skills.
  • 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
  • Learn and support the underwriting of primary and excess casualty business from wholesale broker sources.
  • Assist in the assessment of medium to large commercial corporations in both primary and excess casualty lines.
  • Contribute to projects which may include analyzing segment data, underwriter workflows, individual accounts, and broker engagement.
  • Review and analyze production activities conducted by underwriters.
  • Complete a summer-long capstone project relevant to the insurance industry.

Arch Capital Group Ltd. operates globally in three segments: Insurance, Reinsurance, and Mortgage. The Insurance segment covers specialty lines, the Reinsurance segment handles property and casualty risk, and the Mortgage segment provides mortgage insurance and reinsurance products. The company underwrites policies, sets premiums to match risk, and earns investment income from premiums and investments. By focusing on disciplined underwriting, risk management, and capital allocation, Arch Capital aims to maintain financial strength and sustainable profitability while growing through prudent risk transfer.

Company Size

N/A

Company Stage

IPO

Headquarters

Hamilton, Bermuda

Founded

1995

Simplify Jobs

Simplify's Take

What believers are saying

  • Specialty lines pricing remains supportive for disciplined underwriters in hard markets.
  • Arch MI offers housing-sector risk management and capital-optimizing products globally.
  • The $2 billion senior notes issue increases flexibility for growth and opportunistic deployment.

What critics are saying

  • Catastrophe and secondary-peril losses can quickly erase quarterly underwriting profit.
  • Mortgage insurance earnings deteriorate fast in a housing slowdown or rising unemployment.
  • The new senior notes increase fixed financing costs and refinancing pressure.

What makes Arch Capital Group unique

  • Arch combines specialty insurance, reinsurance, and mortgage insurance in one global platform.
  • It focuses on difficult specialty risks where disciplined underwriting matters most.
  • Its footprint spans more than 60 offices across North America, Europe, Asia, and Australia.

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Your Connections

People at Arch Capital Group who can refer or advise you

Benefits

Hybrid Work Options

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