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Insurance Product Development Internship Jobs in Indiana

As a member of the Product Development team, this role will assist Product Development Engineering ... Life insurance, AD&D, short-term & long-term disability, and voluntary benefits * Paid Parental ...

As a member of the Product Development team, this role will assist Product Development Engineering ... Life insurance, AD&D, short-term & long-term disability, and voluntary benefits * Paid Parental ...

Job Summary This position contains the responsibility of design and development of products and to ... insurance, HSA/FSA, matching retirement plans, paid vacation, parental leave, employee stock ...

Job Summary This position contains the responsibility of design and development of products and to ... insurance, HSA/FSA, matching retirement plans, paid vacation, parental leave, employee stock ...

The company is currently seeking an experienced Product Development Engineer . We are currently ... and dental insurance, paid vacation time, paid sick time, and paid holidays, 401K, Flexible ...

The company is currently seeking an experienced Product Development Engineer . We are currently ... and dental insurance, paid vacation time, paid sick time, and paid holidays, 401K, Flexible ...

The company is currently seeking an experienced Product Development Engineer . We are currently ... and dental insurance, paid vacation time, paid sick time, and paid holidays, 401K, Flexible ...

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Insurance Product Development Internship information

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 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 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 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.

What are the most commonly searched types of Insurance Product Development jobs in Indiana?

The most popular types of Insurance Product Development jobs in Indiana are:

Infographic showing various Insurance Product Development Internship job openings in Indiana as of June 2026, with employment types broken down into 4% As Needed, 7% Full Time, 85% Part Time, and 4% Contract. Highlights an 90% Physical, 1% Hybrid, and 9% Remote job distribution.

Product Development Engineer

PinnaclePartners

Indianapolis, IN

$90K - $105K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 12 days ago


Job description

Job Description About the Role Pinnacle Partners is recruiting for a Product Development Engineer on behalf of a client in Indianapolis, Indiana. We are seeking an innovative engineer who enjoys taking products from concept through commercialization while working in a collaborative, hands-on environment. This role offers the opportunity to lead new product development projects, build and test prototypes, collaborate across multiple departments, and help bring innovative medical devices to market.

Key Responsibilities: Lead and own new product development projects from concept through commercialization. Manage approximately 70% new product development and 30% sustaining engineering initiatives. Translate customer, clinician, and product management needs into engineering requirements and product specifications.

Design and model components using CAD software (SolidWorks preferred). Build and evaluate functional prototypes using hands-on fabrication techniques. Select materials and components for prototypes and production products.

Develop verification test methods, protocols, and validation plans to ensure products meet design requirements. Conduct product testing, analyze results, and recommend design improvements. Create and maintain Design History Files (DHF), engineering drawings, specifications, test reports, and technical documentation.

Perform product risk analysis and implement mitigation strategies throughout the product development lifecycle. Support Design for Manufacturability (DFM) and manufacturing transfer activities. Collaborate with Manufacturing, Quality, Product Management, Marketing, Sales, Customer Service, Clinical teams, and international engineering teams.

Support patent activities by providing engineering drawings and technical documentation. Manage prototype and laboratory equipment used for product development and testing. Requirements: Bachelor's degree in Mechanical Engineering, Biomedical Engineering, Industrial Design, Design Engineering, or a related engineering discipline.

Experience leading products through the complete product development lifecycle from concept through production. Hands-on prototyping and research & development experience. Experience with product verification, validation, product testing, and test method development.

Strong understanding of Design for Manufacturability (DFM). Experience creating engineering documentation, technical reports, and Design History Files (DHF). CAD proficiency, preferably with SolidWorks.

Strong analytical, problem-solving, and communication skills. Ability to collaborate effectively with cross-functional teams throughout product development. Preferred: Medical device or other FDA-regulated product development experience.

Knowledge of ISO 13485 and regulated product development processes. Experience with patent support and engineering documentation. Exposure to RF welding or sewing technologies.

Experience supporting new product launches and sustaining engineering projects. Benefits Overview: Competitive salary of approximately $90,000-$105,000 Medical, dental, and vision insurance. Company-paid life insurance and short-term disability.

Long-term disability coverage. 401(k) with employer match. Health Savings Account (HSA) employer contribution.

Wellness reimbursement up to $250 annually. Childcare reimbursement up to $250 annually. Paid vacation and merit increase opportunities.

Opportunity to work on innovative medical devices while owning projects from concept through commercialization. Collaborative engineering environment with hands-on prototype development and long-term growth opportunities. Explore More Engineering Opportunities This role falls within our Engineering/Manufacturing division, where we specialize in placing professionals in areas such as: Mechanical/Electrical Engineer Manufacturing/Process Engineer Controls Engineer Designer/Drafter Operations (Plant Engineering) Explore additional Engineering roles and learn more about how we support Engineering professionals: https://www.partnersinstaffing.com/find-jobs or https://www.partnersinstaffing.com/manufacturing-engineering Not the right fit

We're hiring across multiple divisions including: Human Resources Administrative & Customer Service Information Technology Accounting & Finance #ID9515