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Arch Capital Group

Arch Capital Group

Catastrophe Analytics (CAT) Summer Intern - Arch Capital

Catastrophe Analytics (CAT) Summer Intern - Arch Capital

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Job Details
""
Uploaded On
September 6, 2024
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Location
Boston, United States
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Remote?
No
Company Overview
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Headquarters
Hamilton, Bermuda
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Number of Employees
5200
Estimated Number of Actuaries
174
Salary
$
44
k-$
60
k
Glassdoor Ratings
""
Recommend to a Friend
82%
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Overall Score
4.1 / 5

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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
  • Work closely with the Catastrophe Analytics team, Underwriters, and Actuarial teams across Arch to provide portfolio analytics, modeling results, and actionable insights.
  • Validate and analyze data through the use of catastrophe models.
  • Perform portfolio risk assessments.
  • Investigate new and innovative 3rd party data for use in underwriting process.
  • Support our event response function in case of a catastrophic event.


Qualifications
  • Actively completing area of study in Data Science, Business Analytics, or relevant program.
  • Minimum 3.0 GPA or higher.
  • College level - current Junior, Senior, or Graduate student.
  • Python experience required.
  • SQL experience 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 Boston, MA.
  • 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 Boston, MA, 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.

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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.
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Working at 

Arch Capital Group

Arch Capital Group Ltd. is a global insurance and reinsurance company, offering a wide range of property, casualty, and specialty insurance. With operations spanning across North America, Europe, and Australia, Arch is known for its diversified business portfolio and robust risk management practices. Their commitment to innovation and data-driven decision-making provides actuaries with a dynamic environment to apply their skills, drive growth, and shape the future of insurance. Arch's reputation for stability and excellence makes it an attractive destination for professionals seeking challenging opportunities in the insurance sector.

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