Accounting Summer Intern

Posted:
9/19/2024, 6:37:09 AM

Location(s):
New Jersey, United States ⋅ Morristown, New Jersey, United States

Experience Level(s):
Internship

Field(s):
Accounting

Workplace Type:
Hybrid

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 8-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

  • Participate in education sessions, and gain exposure to all aspects of reinsurance accounting.

  • Complete hands-on training with the team and individual project work.

  • Learn the ins and outs of our finance and accounting systems and processes.

  • Assist team by performing tasks designed to gain an understanding of reinsurance accounting while providing research and information to the team.

  • Demonstrate ability to achieve results by setting goals, prioritizing tasks and staying accountable to stakeholders.

  • Partner with other interns on any group/ team activities, including the end of program capstone project.

Qualifications

  • Actively completing area of study in Accounting or relevant program.

  • Minimum 3.0 GPA or higher. 

  • College level - current Sophomore, Junior, or Senior Student.

  • Interest in pursuing a Certified Public Accountant (CPA) certification preferred.

  • Strong written and verbal communication skills.

  • Exposure to Microsoft Office, including Microsoft Excel, 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 – July 26, 2025.

  • This position is classified as a hybrid position. You will work 4 days onsite and 1 day from home. 

  • This position is in Morristown, NJ.

Timeline 

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

Pay   

For individuals assigned to or hired to work in Morristown, NJ, the hourly rate is $22-26 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.

13100 Arch Reinsurance Company

Arch Capital Group Ltd

Website: https://archgroup.com/

Headquarter Location: Hamilton, Hamilton, Bermuda

Employee Count: 5001-10000

Year Founded: 1995

IPO Status: Public

Last Funding Type: Post-IPO Equity

Industries: Finance ⋅ Financial Services ⋅ Insurance