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℠.
The role
The Finance Summer Internship is an 8-week focused placement, targeted to students entering the penultimate year of their undergraduate or graduate education. This will be an opportunity for the intern to embed themselves into the Finance department within Arch to obtain knowledge and professional skills, whilst gaining a comprehensive understanding of the distinct roles within the team.
The Summer Internship runs from Monday 23rd June 2025 - Friday 15th August 2025 and is a paid opportunity.
Throughout the 8 weeks you will have the opportunity to
- Work collaboratively across the various departments within Finance
- Deal with internal and external supplier accounts
- Create measurable goals with the line manager to reflect on during the intern period.
- Networking opportunities both internally and externally
- Work independently on projects
Key tasks & responsibilities
Accounts Payable Duties
- Processing of all supplier invoices in the accounts payable module
- Reconcile supplier accounts and resolve differences
- Dealing with all queries relating to suppliers.
- Processing of staff expenses on Concur
- General Ledger (GL) Reconciliations (e.g. Aged payables, Barclay card, Season ticket loan)
- Deal with internal and external supplier account queries via telephone or email and resolve queries promptly
Accounts receivable duties
- Work collaboratively across credit control, cash allocation and underwriting teams to validate and collect debt
- Provide commentary and where necessary investigating to allow for issue escalation
Finance control
- Assist with provide audit listings and reconciliation support to external auditors
- Roll forward and update annual report and accounts
About you
Throughout the Summer Internship Programme, you will receive comprehensive training and support, to develop the following skills:
- Knowledge and understanding of the finance processes, within the Insurance Industry.
- 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.
- Organizational discipline with ability to work independently using imitative and without guidance.
- Deliver Results – based on defined objectives and timescales.
- Ability to build and maintain both internal and external professional relationships.
- Proficient interpersonal, and written and oral communication skills
Qualifications & Experience
Expected/achieved minimum 2:1 degree classification in an Accounting/Finance degree
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
- Wednesday 2nd October 2024: Application window opens
- Friday 24th January 2025: Application window closes
- Successful applicants will be contacted week commencing 27th January 2025 and invited to an online interview
- Monday 3rd February – Friday 14th February 2025: Online interviews
- Successful candidates will be sent offers week commencing 17th February 2025
- Monday 23rd June 2025 – Friday 15th August 2025: Summer Internship
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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.
