Investment Accounting Intern

Job Description

Investment Accounting Intern | Arch Capital Group Ltd.

The Tone:
This is an Investment Accounting Internship at Arch Capital Group Ltd., located in White Plains, NY, with a hybrid work arrangement of two days onsite and three days from home. Arch Capital Group is a leading organization in the insurance industry, comprising a team dedicated to fostering collaboration, expertise, and innovation. The company’s mission is to promote progress and inspire its clients, employees, investors, and communities, acting as a catalyst that helps others achieve their goals by enabling possibility. This internship is designed to provide hands-on experience in the insurance sector, offering challenging learning opportunities that build a foundation for career exploration and professional skill development. This role is crucial for supporting the investment accounting function, helping the company maintain accurate financial records and compliance in its investment operations, directly contributing to Arch’s overarching mission.

The TL;DR
• Role: Internship
• Location: Hybrid, White Plains, NY
• Pay: $26 hourly
• Mission: This person supports critical investment accounting operations by assisting with reconciliations, disclosures, and special projects to maintain accurate financial records and ensure compliance.
• Tech Stack: Microsoft Office, Excel

What You’ll Actually Do
• Reconciliations: Support the completion of reconciliations and review supporting documents obtained from Arch Investment Management and third-party asset managers.
• Disclosures: Consolidate the necessary support for investment management disclosures.
• System Learning: Learn the various finance and accounting systems that Arch utilizes to accomplish tasks.
• Compliance Collaboration: Collaborate with the compliance team to complete tasks involving the evaluation of risks and investment placement.
• Special Projects: Assist with special projects directly related to investment accounting initiatives.

The Must-Haves
• Background: Actively pursuing a Bachelor’s degree in Accounting, Finance, Business Management, Economics, or a related academic program.
• Experience: Current Sophomore, Junior, or Senior student, with anticipated graduation dates ranging from December 2026 to May 2028. A minimum GPA of 3.0 or higher is required.
• Skills: Possess strong analytical, problem-solving, and decision-making capabilities. Able to work independently and manage multiple tasks and priorities effectively.
• Bonus: Experience with Microsoft Office applications, including Excel, is strongly preferred. A continuous learner with an entrepreneurial spirit, who collaborates effectively as a team player.