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Insurance Product Development Internship Jobs in Indiana

By submitting your interest, you'll be among the first to know when internship opportunities open ... to real product development. What You Might Work On * Participating in general laboratory ...

By submitting your interest, you'll be among the first to know when internship opportunities open ... to real product development. What You Might Work On * Participating in general laboratory ...

By submitting your interest, you'll be among the first to know when internship opportunities open ... to real product development. What You Might Work On * Participating in general laboratory ...

By submitting your interest, you'll be among the first to know when internship opportunities open ... to real product development. What You Might Work On * Participating in general laboratory ...

By submitting your interest, you'll be among the first to know when internship opportunities open ... to real product development. What You Might Work On * Participating in general laboratory ...

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 ...

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 ...

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Insurance Product Development Internship information

What would a product development intern do?

A product development intern assists in creating and improving insurance products by conducting market research, analyzing customer needs, and supporting the design and testing of new offerings. They often collaborate with teams using tools like Excel and project management software and may gain experience in industry regulations and product lifecycle 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 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 do insurance interns do?

Insurance interns assist with tasks such as analyzing policy data, supporting product development, and conducting market research. They often work alongside experienced professionals, gaining exposure to underwriting, claims, and risk assessment processes while developing skills in industry-specific tools and software.

What are the big 4 internships?

The 'Big 4' internships typically refer to internship programs offered by the four largest professional services firms: Deloitte, PricewaterhouseCoopers (PwC), Ernst & Young (EY), and KPMG. These firms offer internships in areas such as audit, consulting, tax, and advisory, providing valuable experience for those pursuing careers in finance, accounting, and consulting. For an insurance product development internship, gaining experience in finance, analytics, and industry-specific tools can be beneficial, though the Big 4 are more focused on professional services than insurance-specific roles.

What jobs can I get in insurance?

In insurance, common jobs include underwriters, claims adjusters, insurance agents, actuaries, and risk analysts. These roles involve evaluating risks, processing claims, selling policies, and analyzing data, often requiring knowledge of insurance policies, strong communication skills, and relevant certifications or degrees.

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:
What are popular job titles related to Insurance Product Development Internship jobs in Indiana? For Insurance Product Development Internship jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Insurance Product Development Internship jobs in Indiana look for? The top searched job categories for Insurance Product Development Internship jobs in Indiana are:
Finance Manager, Product Development

Finance Manager, Product Development

Marvin

South Bend, IN

$110K - $140K/yr

Full-time

Medical, Retirement

Posted 9 days ago


Job description

Job Overview:

The Finance Manager will use proven expertise in financial analytics, forecasting, and insights to support Marvin’s business strategy. This position will be responsible for supporting the need for financial analysis within Marvin by introducing and incorporating industry best practices for analytics, measurement, reporting, and insights.

The position will work closely with product development and product management leaders to create and implement product and process analytics that measure impact of activity and investment in order to influence new ways of thinking for key stakeholders in all geographies and levels of the organization.  

This job is located in Warroad, MN. If you're considering relocating to Warroad, you may be eligible for a relocation benefit package to assist with your move. Marvin offers an extensive relocation benefit package that includes the movement of your household goods, temporary housing, and much more – in addition to a relocation counselor to assist you throughout the entire journey.  

Highlights of your role:
  • Develop financial insights that are clear, compelling and actionable to drive awareness of business and financial results.
  • Develop the process for offering business analytics to provide visibility into results and financial impact of investments including, but not limited to, the product development process.
  • Proactively engage with functional leaders and their teams to provide insight into business challenges and needs from a financial perspective.
  • Provide executive-facing insights, analytics, and presentations to shed light on financial performance and drive business decisions.
  • Work closely with all stakeholders to ensure analytics are aligned with enterprise goals and objectives; ensure leaders are equipped with the necessary tools to make informed business and financial decisions.
  • Partner with various business partners, and colleagues to create effective analytics and consider multiple points of view and business impacts into an analysis.
  • Implement metrics to evaluate the effectiveness of strategies for assigned initiatives. Use metrics to inform strategic plans on how to improve, enhance or innovate future programs and tactics.
  • Develop and lead a team of finance professionals to deliver high-quality financial support and analysis.
  • Able to travel up to 10% to other company sites.
  • Perform other duties as assigned.
You're a good fit if you have (or if you can):
  • Ability to influence and collaborate with senior management and work across all levels of an organization.
  • Comfortable developing analytic plans for a variety of business programs and projects 
  • An executive presence with polished and well-developed facilitation, written and oral communication skills, demonstrating creativity and technical expertise.
  • Assertive and confident with a strong point of view while able to understand/empathize and support other perspectives. Intent on building trusting and collaborative partnerships/relationships.
  • Ability to turn complex, financial analytics into insights that are appropriate for different audiences and business lines (e.g. senior leaders, managers, all employees).
  • Strong organizational, project management, and problem-solving abilities.
  • Able to work as part of a finance team, focused on building a “great place to work” culture and continuously upholding the purpose and values of Marvin.
Also want to make sure you have:
  • 5+ years work experience leading financial analytics process and execution 

  • Strong leadership and supervisory abilities, with a proven track record of managing a team and mentoring staff.
  • Bachelor’s degree in finance, accounting, economics, math, or related field 

  • Experience working with customer-facing functions within a Retail or Consumer Packaged Goods organization. 

  • Advanced experience using Microsoft Excel including macros, pivot tables, and v-lookups, plus business intelligence tools such as Power BI. 

We invite you to See Yourself at Marvin:

From people to products, Marvin is committed to creating better ways of living. When you join this family-owned and -led window and door company, you belong to a community full of opportunities. You also belong to one of America's Top 20 Large Employers of 2024, according to an exclusive ranking by Forbes Magazine. 
For more than 100 years, we've been designing, building, and engineering premier products. Today, in our 16 locations across North America, we manufacture Marvin's portfolio of products, which includes Infinity Replacement Windows, TruStile Doors, and Marvin Coastline brands.
Together, we live our values and enjoy a culture that feels like home. Our better living approach to benefits supports you at work and beyond. From day one, you receive health insurance, paid holidays, paid parental leave, a 401(k) retirement savings match and more! A few unique offerings include:
- $300 annual wellbeing account to spend on whatever makes you happy + healthy
- Better Living Day! (a paid day off to go have some fun)
- $$ Annual profit sharing - get rewarded for the role everyone plays in making Marvin a success
- Giving at Marvin - join coordinated volunteer opportunities
- Brighter Days Fund - financial support thanks to your colleagues and the Marvin family should you suffer a personal hardship
When you belong to the Marvin team, it's all part of the package. Apply today!

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Marvin is an Equal Opportunity Employer:

Marvin is committed to creating an inclusive environment for all employees and applicants. Employment decisions are made without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected status under applicable laws. Applicants requiring reasonable accommodation for any part of the application and hiring process may contact us at CareerSupport@marvin.com.

Compensation: $110,000 - $140,000 annually, plus bonus eligibility!