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Arch Capital Group

Underwrites insurance, reinsurance, and mortgage insurance

Excess and Surplus Property Underwriting Intern

Summer 2027Updated on 10/23/2026
$26/hr
Internship
New York, NY, USA
HybridHybrid: 3 days onsite and 2 days from home.
InsuranceUnderwriting

About the job

Requirements
  • Actively completing an area of study in Risk Management and Insurance, Engineering, or a related program.
  • Have a minimum GPA of 3.0.
  • Be a current junior or senior college student.
  • Demonstrate strong proficiency in understanding financial statements.
  • Demonstrate strong written and verbal communication skills.
  • Have strong presentation and public speaking skills.
  • Demonstrate strong analytical skills and the ability to think through issues.
  • Be willing to learn continuously and show an entrepreneurial spirit.
  • Collaborate effectively with a team.
  • Work independently and manage multiple tasks and priorities in a fast-paced environment.
Responsibilities
  • Assist in underwriting specialized sectors such as manufacturing, warehousing, public entities, healthcare, education, and real estate programs.
  • Support the wholesale distribution network by evaluating account types and exposures, including earthquake, hurricane, tornado, hail, flood, and wildfire.
  • Manage incoming broker submissions and ensure data is complete and accurate.
  • Research and share new business opportunities through submission analysis and market trends.
  • Review policy construction and support documentation for quotes and binders.
  • Maintain organized records of broker interactions, quotes, and bound policies.

About the company

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

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Simplify's Take

What believers are saying

  • Q2 2026 operating income reached $893 million, despite $201 million catastrophe losses.
  • Book value per share rose to $68.04 by June 30, 2026.
  • Arch’s June 2026 leadership consolidation under Maamoun Rajeh sharpens accountability across segments.

What critics are saying

  • Q2 2026 net premiums written fell 6.9%, showing slowing growth into softening markets.
  • Insurance segment underwriting income dropped to $27 million in Q2 2026, pressuring profitability.
  • Higher-priced 2036 and 2056 notes replaced cheaper 2026 debt, lifting future interest costs.

What makes Arch Capital Group unique

  • Arch’s 25-year underwriting record produced 18.0% Q2 2026 annualized ROE.
  • Arch’s three-segment model diversifies specialty insurance, reinsurance, and mortgage earnings.
  • Arch repurchased $1.95 billion in 2026 first-half shares, signaling capital discipline.

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Benefits

  • Hybrid Work Options

Company News

Associated Press
Jul 9th, 2026
Arch Insurance launches US transactional liability team to expand risk insurance capabilities

Arch Insurance North America has launched a new US-based transactional liability team to expand its transactional risk insurance capabilities. The business will initially focus on Representations & Warranties and Tax coverage products. The new team is led by William Carson, who joined Arch from Everest where he served as Head of Transactional Risk, North America. Carson reports to Chris Christon, Senior Vice President, Executive Assurance. Arch Insurance has been active in the transactional risk market for over 15 years through various partners and channels across North America, Bermuda and the United Kingdom. The direct US platform complements Arch's existing distribution model and multi-channel approach. Anne Hardner, Executive Vice President, Executive Assurance for Arch Insurance, said the expansion reflects Arch's broader commitment to the transactional risk marketplace and will allow the company to strengthen its market presence and better serve brokers and clients.

Intellectia AI
Jun 2nd, 2026
Arch Capital Prices $2 Billion Senior Notes Offering

- **Bond Offering Size**: Arch Capital Group announced the pricing of $2 billion in senior notes, with 5.250% notes maturing in 2036 and 5.950% notes ...

Business Wire
May 15th, 2026
AI-Powered Wholesale Insurance Broker Novella Announces $21 Million Capital Raise to Expand Across the United States and Develop AI Agents to Create ‘Super Producers’

Novella, the artificial intelligence (AI)-powered wholesale insurance broker, has announced it raised $21 million to recruit a team of brokers, continue deve...

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