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 in the establishment of cash pooling for US entities.
• Implement cash forecasting tool for smaller less active legal entities.
• Completely review and update bank account signers across 8 banks and over 700 bank accounts.
• Evaluates and completes settlement structure instruction verification and money movements on an as needed basis.

Qualifications

• Actively completing area of study in Finance or relevant program.
• Minimum 3.0 GPA or higher. 
• College level - current Sophomore or Junior student.
• Previous leadership experience in a school or part-time job-related responsibility that required communication and persuasion preferred.
• Interest in the insurance and/or financial services industries preferred.
• 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 Raleigh, NC.
• Relocation and housing assistance is not provided for this role.

Timeline 

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

Pay   

For individuals assigned to or hired to work in Raleigh, NC, 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.

• Actively completing area of study in Finance or relevant program.
• Minimum 3.0 GPA or higher. 
• College level - current Sophomore or Junior student.
• Previous leadership experience in a school or part-time job-related responsibility that required communication and persuasion preferred.
• Interest in the insurance and/or financial services industries preferred.
• 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. 

About Arch

Founded in 2001, Arch has evolved into a global leader in specialty insurance. Part of the S&P 500, we provide insurance, reinsurance and mortgage insurance on a worldwide basis, with close to 6,000 employees in more than 15 countries and growing.

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