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Insurance Product Development Internship Jobs (NOW HIRING)

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Insurance Product Development Internship information

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How much do insurance product development internship jobs pay per hour?

As of May 28, 2026, the average hourly pay for insurance product development internship in the United States is $21.19, according to ZipRecruiter salary data. Most workers in this role earn between $17.31 and $24.04 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Insurance Product Development Intern, and why are they important?

To thrive as an Insurance Product Development Intern, you typically need analytical skills, attention to detail, and a background in business, finance, or actuarial science. Familiarity with Excel, statistical analysis tools, and exposure to product management systems or databases is often expected. Strong communication, teamwork, and problem-solving abilities help you contribute effectively to cross-functional projects and adapt to a dynamic environment. These skills and qualities are crucial for developing innovative insurance products that meet market needs while complying with regulatory standards.

What types of projects and responsibilities can I expect during an Insurance Product Development Internship?

As an Insurance Product Development Intern, you can expect to work on a variety of projects, such as conducting market research, assisting in the design of new insurance products, and analyzing competitor offerings. Interns often collaborate with teams from underwriting, actuarial, and marketing departments to help develop product specifications and support go-to-market strategies. This role typically involves both independent research and teamwork, providing valuable exposure to different functions within the insurance industry. You may also participate in meetings, help prepare presentations, and gain hands-on experience with data analysis tools commonly used in product development.

What is an Insurance Product Development Internship?

An Insurance Product Development Internship is a temporary position designed for students or recent graduates to gain hands-on experience in creating and improving insurance products. Interns typically assist with market research, competitor analysis, product design, and regulatory compliance. They work closely with product managers, actuaries, and other professionals to learn about the insurance industry and the process of bringing new products to market. This internship helps develop skills in data analysis, project management, and communication, making it valuable for those interested in a career in insurance or product management.

What is the difference between Insurance Product Development Internship vs Insurance Underwriting Internship?

AspectInsurance Product Development InternshipInsurance Underwriting Internship
Primary FocusDesigning and developing insurance products and policiesAssessing risk and determining policy terms for individual clients
Required SkillsMarket research, product design, teamworkRisk analysis, attention to detail, decision-making
Work EnvironmentCollaborative, product teams, marketing focusAnalytical, risk assessment, underwriting departments
Common Employer TypesInsurance companies, product development firmsInsurance carriers, underwriting agencies

In summary, an Insurance Product Development Internship focuses on creating new insurance products and requires skills in market research and product design. In contrast, an Insurance Underwriting Internship centers on evaluating risks and setting policy terms. Both roles are essential in the insurance industry but differ in their core responsibilities and skill sets.

More about Insurance Product Development Internship jobs
What cities are hiring for Insurance Product Development Internship jobs? Cities with the most Insurance Product Development Internship job openings:
What are the most commonly searched types of Insurance Product Development jobs? The most popular types of Insurance Product Development jobs are:
What states have the most Insurance Product Development Internship jobs? States with the most job openings for Insurance Product Development Internship jobs include:
Infographic showing various Insurance Product Development Internship job openings in the United States as of May 2026, with employment types broken down into 1% As Needed, 90% Full Time, and 9% Part Time. Highlights an 33% Physical, 17% Hybrid, and 50% Remote job distribution, with an average salary of $44,083 per year, or $21.2 per hour.

Cosmetic Product Development Internship

Panther Life Sciences Corporation

New York, NY โ€ข On-site

Full-time

Posted 10 days ago


Job description

About Panther:
Panther is unlocking the tremendous biological powers of our skin to deliver a wide range of shelf-stable treatments. Panther's precisely engineered microarray patches (MAPs) are focused on: i) Skin Health, treating coloration, wrinkles, scars, wounds, etc.; and ii) Therapeutics, treating ailments along the immunological spectrum, including infectious diseases, cancer, allergies and autoimmune diseases.
Panther's MAPs are designed to deliver superior efficacy and high levels of usage/adherence, and enable automated data integration across its ecosystem of consumers, providers and treatment developers. Panther's AI enabled platform provides personalized customer care and accelerated treatment discovery. Via advanced GMP manufacturing, direct-to-consumer distribution and consumer self-application, Panther's MAPs are affordable, simultaneously enabling universal access and commercial success. Panther is led by accomplished tech, biotech and health professionals
The Opportunity:
Panther Life Sciences is seeking a Product Development Intern to support user research and usability validation for our cosmetic microneedle array patch (MAP) platform ahead of commercialization. This role will sit at the center of product development, focusing on how consumers and dermatologists interact with at-home aesthetic devices. The intern will design and execute user interviews, conduct competitive benchmarking, and evaluate the usability of Panther's system to ensure it is intuitive, safe, and effective for self-application. This is a highly hands-on opportunity to directly influence product design, user experience, and go-to-market readiness in a fast-paced startup environment.
This is a three-month summer position commencing June 1, 2026, with a flexible end date aligned to the candidate's return to school.
Responsibilities
  • Design and execute structured user interviews to identify unmet needs, usability challenges, and pain points with existing cosmetic products
  • Recruit and manage study participants, including both consumers and dermatologists
  • Develop interview guides, observation protocols, and real-world usage scenarios
  • Conduct competitive benchmarking of at-home cosmetic and aesthetic devices
  • Administer usability evaluations of Panther's microneedle patch system with target users
  • Conduct targeted interviews with dermatologists to understand recommendation drivers and patient guidance practices
  • Synthesize qualitative research into clear, actionable design and product recommendations
  • Deliver a final report outlining usability insights, competitive findings, and prioritized improvements for the product development team

Qualifications
  • Currently enrolled in a Bachelor's or Master's program in Biomedical Engineering, Human Factors Engineering, Industrial Design, Mechanical Engineering, Psychology, Business Administration or a related field
  • Coursework or hands-on experience in human factors, usability engineering, or user-centered design
  • Experience with structured interviews, user research, or task-based evaluation methods
  • Ability to independently recruit, schedule, and facilitate user sessions with both consumers and clinical professionals
  • Strong written communication skills with the ability to synthesize qualitative insights into actionable recommendations

Preferred Qualifications
  • Prior experience conducting qualitative consumer research
  • Exposure to consumer product or medical device development (internship, co-op, research, or capstone)
  • Familiarity / Interest with at-home skincare or aesthetic devices as a user or researcher
  • Familiarity / Interest with FDA human factors guidance (HFE/UE Guidance, 2016)

What We offer
  • Exposure to breakthrough health technology and insight into how next-generation drug delivery systems move from concept to product.
  • Real impact from day one. Work on projects that directly contribute to Panther's microneedle array platform and product development.
  • Hands-on experience participating in the design, development, and testing of real technologies alongside senior engineers and scientists.
  • Meaningful ownership of discrete projects with clear outcomes and the opportunity to present your work to the team.
  • Startup-level responsibility within a small, fast-moving team where your ideas and contributions genuinely matter.
  • Work alongside a small group of thoughtful, curious people who care a lot about the mission. We collaborate closely, help each other out and work together.

Equal Opportunity Employer
Panther Life Sciences is an equal opportunity employer committed to building a diverse and inclusive workplace. We welcome applicants from all backgrounds and do not discriminate based on race, color, religion, gender, gender identity or expression, sexual orientation, pregnancy, marital or partnership status, age, national origin, citizenship, veteran or military status, disability, medical condition, genetic information, caregiver status, or any other characteristic protected by law.