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- Tasks: Assist in analyses, process mapping, and enhance automation in the Actuarial department.
- Company: Join Arch Insurance, a leading digital insurer with a collaborative culture.
- Benefits: Paid 8-week internship with hands-on experience and professional development.
- Why this job: Gain valuable skills and insights in the insurance industry while making an impact.
- Qualifications: Minimum 2:1 in Mathematics, Actuarial or related degree; strong analytical skills required.
- Other info: Dynamic environment with opportunities for growth and networking.
The predicted salary is between 500 - 1500 ÂŁ per month.
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 Possibilityâ„ .
The Actuarial Summer Internship is an 8-week paid opportunity, targeted at students entering the penultimate year of their undergraduate education. This will be an opportunity for the intern to embed themselves into the Actuarial department within Arch to obtain knowledge and professional skills, whilst gaining a comprehensive understanding of the distinct roles within the team.
Key Tasks & Responsibilities will include:- Assisting in a variety of analyses, including claims reserving, pricing investigations and capital modelling.
- Process mapping and documentation.
- Attending meetings with a range of stakeholders across the business.
- Working with the development team to enhance automation across Actuarial.
- “Deep dive” reviews into specific areas of business and regulatory interest.
- Other ad-hoc tasks as required by the team.
- Communication & Negotiation Skills – ability to adapt your communication style for a variety of audiences.
- Commercial Thinking – Understanding of the insurance market and its customers.
- Regulatory and Compliance awareness.
- Teamwork – ability to work as part of a team.
- Organisational discipline with ability to work independently using initiative and without guidance.
- Ability to build and maintain both internal and external professional relationships.
- Strong programming skills such as Python.
- Strong knowledge of MS Excel.
- Proficient interpersonal, written, and oral communication skills, in addition to attention to detail and ability to work under pressure.
Expected/achieved minimum 2:1 classification in any Mathematics, Actuarial or related degree discipline. Arch seeks candidates who have excelled in previous work experience, demonstrated outstanding academic and extracurricular achievement, possess strong analytical, quantitative, and interpersonal skills, and are enthusiastic about the insurance industry.
Key Dates:- Monday 6th October 2025: Application window opens
- Friday 30th January 2026: Application window closes
- Monday 9th February – Friday 20th February 2026: Online interviews
- Monday 22nd June 2026 – Friday 14th August 2026: Summer Internship
Actuarial Summer Internship - 2026 in London employer: Arch Capital Group
Contact Detail:
Arch Capital Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Summer Internship - 2026 in London
✨Tip Number 1
Network like a pro! Reach out to current or past interns at Arch Insurance through LinkedIn. Ask them about their experiences and any tips they might have for you. This can give you insider knowledge and help you stand out during interviews.
✨Tip Number 2
Prepare for those online interviews! Research common actuarial interview questions and practice your answers. We recommend using the STAR method (Situation, Task, Action, Result) to structure your responses and showcase your skills effectively.
✨Tip Number 3
Show your passion for the insurance industry! During interviews, share what excites you about actuarial work and how you see yourself contributing to Arch's mission. This enthusiasm can really make you memorable to the hiring team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining Arch and ready to embrace the opportunities we offer.
We think you need these skills to ace Actuarial Summer Internship - 2026 in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Actuarial Summer Internship role. Highlight relevant coursework, skills, and any previous experience that aligns with the tasks mentioned in the job description. We want to see how you fit into our culture of collaboration and innovation!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your enthusiasm for the insurance industry and why you’re excited about this internship. Don’t forget to mention how your background and skills can contribute to our team at Arch Insurance.
Showcase Your Skills: Be sure to highlight your programming skills, especially in Python, and your proficiency in MS Excel. These are key skills we’re looking for, so make them stand out in your application. We love seeing candidates who can bring technical expertise to the table!
Apply Through Our Website: We encourage you to apply through our website for the best chance of success. It’s straightforward and ensures your application goes directly to us. Plus, it shows you’re keen on joining our team at Arch Insurance!
How to prepare for a job interview at Arch Capital Group
✨Know Your Numbers
Brush up on your mathematical and actuarial concepts before the interview. Be prepared to discuss your understanding of claims reserving, pricing investigations, and capital modelling. This will show that you’re not just a numbers person but someone who can apply these concepts in real-world scenarios.
✨Showcase Your Communication Skills
Since communication is key in this role, practice explaining complex ideas in simple terms. Think about how you would adapt your communication style for different audiences, as you’ll be interacting with various stakeholders. A clear and confident delivery can set you apart.
✨Demonstrate Your Team Spirit
Arch values teamwork, so come prepared with examples of how you've successfully collaborated in the past. Whether it’s a group project or a sports team, highlight your ability to work well with others and contribute positively to a team environment.
✨Be Curious About the Industry
Show your enthusiasm for the insurance industry by staying updated on current trends and challenges. Prepare thoughtful questions about Arch's approach to digital initiatives and how they’re shaping the future of insurance. This will demonstrate your genuine interest and proactive mindset.
