About Arch Insurance InternationalArch Insurance International, part of the Arch Capital Group, is a market-leading insurer located in the UK. We provide a range of property, casualty, and specialty insurance for corporations, professional firms, and financial institutions across the UK, Europe and Internationally, with a significant presence in the Lloydand London Underwriting market.Arch Insurance recognizes the need to be a digital insurer and as such has shifted focus from traditional technology initiatives to agile driven digital initiatives, leading the commercial & specialty insurance space. Arch offers an entrepreneurial work environment that empowers the individual and encourages constant learning and growth.People are at the centre of everything we do at Arch, and we are passionate about investing in the future talent of the insurance industry and providing early career paths where everyone can thrive. Our range of UK early careers programmes include summer internships, commercial insurance apprenticeships and graduate programmes.Summer Internship ProgrammeThe 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.Throughout the 8 weeks you will have the opportunity to:Work collaboratively across the various departments within FinanceDeal with internal and external supplier accountsCreate measurable goals with the line manager to reflect on during the intern period.Networking opportunities both internally and externallyWork independently on projectsKey Tasks & ResponsibilitiesAccounts Payable DutiesProcessing of all supplier invoices in the accounts payable moduleReconcile supplier accounts and resolve differencesDealing with all queries relating to suppliers.Processing of staff expenses on ConcurGeneral 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