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Insurance Product Development Internship Jobs in Indiana

R&D Analytical Chemist

Columbus, IN · On-site

$25 - $30/hr

This role supports all phases of product development, including laboratory experimentation, USP and ... Bachelor's degree in Chemistry or Microbiology * 1-2 years of lab experience (internships, academic ...

Paid Internship

Indianapolis, IN · On-site

$30K - $36K/yr

Support day-to-day operations across Administrative, Customer Service, and Production teams ... Understanding of how construction and insurance restoration projects are managed * Development of ...

About the Company We are a consumer-centric, technology-driven family of insurance companies on a ... development to launch. You'll be a key contributor to own one of the organization's highest ...

Paid Internship

Indianapolis, IN · On-site

$30K - $36K/yr

Support day-to-day operations across Administrative, Customer Service, and Production teams ... Understanding of how construction and insurance restoration projects are managed * Development of ...

Sr Product & Agronomy Lead

Westfield, IN · On-site

$121K - $160K/yr

With a continuous focus on research and development, we bring the most advanced and highperforming ... Company paid Long-term and short-term disability insurance, company paid life insurance and ...

Sr Product & Agronomy Lead

Westfield, IN · On-site

$121K - $160K/yr

With a continuous focus on research and development, we bring the most advanced and high-performing ... Company paid Long-term and short-term disability insurance, company paid life insurance and ...

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Insurance Product Development Internship information

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 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:
Military DoD SkillBridge: Corporate Sales Account Executive

Military DoD SkillBridge: Corporate Sales Account Executive

Goosehead Insurance Agency LLC

Indianapolis, IN • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 9 days ago


Goosehead Insurance rating

7.4

Company rating: 7.4 out of 10

Based on 14 frontline employees who took The Breakroom Quiz

210th of 281 rated insurance


Job description

About Goosehead
Since 2003, Goosehead Insurance has been disrupting the insurance industry by giving clients the power of choice, utilizing a smarter marketing approach, and delivering world-class service. This is all powered by our focus on hiring and retaining extraordinary people. Our clients trust us with their most valuable possessions, so we're highly selective when it comes to hiring new team members.
Goosehead partners with a broad portfolio of national and regional insurance carriers to deliver tailored risk mitigation solutions. Our innovative corporate and franchise agency models empower high-performing professionals to grow rapidly and deliver superior value to clients nationwide.
Job Summary
The purpose of this internship is to equip transitioning service members with the skills, knowledge, and experience required to succeed as a Corporate Sales Account Executive within Goosehead Insurance.
Interns will participate in a structured training program focused on consultative sales, relationship development, client onboarding, and the insurance brokerage process. This internship prepares participants for potential post-service employment as licensed Account Executives.
Principal Duties and Responsibilities
Participants will:
  • Prospect and establish professional relationships with real estate and mortgage industry partners
  • Analyze client insurance needs and present tailored insurance solutions
  • Learn and apply risk management principles across household and personal insurance products
  • Master CRM systems and sales pipelines, including Salesforce
  • Understand compliance aspects of insurance sales and client servicing
  • Prepare for and pass the state insurance licensing exam (exam fees and training covered by Goosehead)

Training Details
  • Duration: 90-120 days, aligned with DoDI 1322.29 guidelines
  • Delivery: Conducted under the direct supervision of experienced corporate trainers and sales leaders
  • Location: On-site

Experience and Education
  • Bachelor's degree (3.0 GPA preferred)
  • Strong verbal and written communication skills
  • Entrepreneurial drive and goal orientation
  • Comfort working in fast-paced or sales-focused environments
  • No prior insurance experience required - full training provided

Licensing & Certification
  • Completion of state insurance licensing exam required (covered by Goosehead)
  • Full training and support provided for licensing preparation

Internship Outcomes
  • Proficiency in insurance product knowledge and CRM tools
  • Development of professional B2B and B2C sales techniques
  • Completion of state insurance licensing exam
  • Interview opportunity for full-time Account Executive role (employment not guaranteed)

Post-Internship Benefits (Full time Employee)
  • Base salary + uncapped commission
  • Passive income potential through renewals
  • Comprehensive benefits package including health, vision, dental, disability, and life insurance
  • 401(k) with company match, stock purchase plan, and paid time off

Equal Employment Opportunity:
Goosehead is an equal opportunity employer and complies with all applicable federal, state, and local laws, rules, guidelines, and regulations. Goosehead strictly prohibits and does not tolerate unlawful discrimination against employees, applicants, or any other covered person because of race, color, religion, creed, national origin, ancestry, ethnicity, sex (including pregnancy, childbirth, and related medical conditions), age, physical or mental disability, veteran status, uniformed service, genetic information, or any other characteristic protected by applicable law. All applicants for employment and all Goosehead employees are given equal consideration based solely on job-related factors, such as qualifications, experience, performance, and availability.

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