Catastrophe Analytics

3 months ago

Boston, United States Arch Capital Group Full time

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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