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Insurance Product Development Internship Jobs in Texas

Steadily

Insurance Product Manager

Austin, TX · On-site

Direct, related experience in insurance product development is required. Steadily is hiring an Insurance Product Manager to own and drive the growth and profitability of our landlord dwelling ...

AFL

Product Development Engineer

Irving, TX · Hybrid

Product Development Engineer AFL manufactures industry-leading fiber optic cable, connectivity and ... Excellent medical, dental, vision, and life insurance policy options * Opportunities for career ...

AFL

Product Development Engineer

Dallas, TX · On-site

Product Development Engineer AFL manufactures industry-leading fiber optic cable, connectivity and ... Excellent medical, dental, vision, and life insurance policy options * Opportunities for career ...

Michaels Stores

Manager - Product Development

Irving, TX · On-site +1

$109.90K - $137.30K/yr

Lead the entire product development lifecycle from trend research and ideation to concept ... Our benefits include health insurance (medical, dental, and vision), paid time off, tuition ...

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Insurance Product Development Internship information

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.

What are the most commonly searched types of Insurance Product Development jobs in Texas? The most popular types of Insurance Product Development jobs in Texas are:
What are popular job titles related to Insurance Product Development Internship jobs in Texas? For Insurance Product Development Internship jobs in Texas, the most frequently searched job titles are:
What job categories do people searching Insurance Product Development Internship jobs in Texas look for? The top searched job categories for Insurance Product Development Internship jobs in Texas are:
Insurance Product Development Internship jobs near you

Insurance Product Manager

Steadily Insurance Company

Austin, TX • On-site

Full-time

Posted 22 days ago

Job description

Job Summary:
Steadily Insurance Company is seeking an Insurance Product Manager to oversee the growth and profitability of their landlord dwelling products. The role involves managing product design, pricing, and filings across multiple states while serving as the subject matter expert on landlord insurance.
Responsibilities:
• You’ll have ultimate responsibility for the growth and profitability of our Landlord Dwelling products in several states.
• Identify, design, create, and implement new opportunities and initiatives
• Enhance the coverage and form language of our existing products. Draft new endorsements.
• Analyze the drivers of profitability including loss ratios, actuarial indications, frequency/severity trends, retention and other data for all products, books and channels.
• Manage rate filings in the states to ensure we are priced to achieve the required return across all products and segments.
• Be the subject matter expert on all things landlord insurance including forms, endorsements, underwriting guidelines, rates, etc.
• Work closely with the engineering team on programming specs.
• Assist with the creation of novel underwriting factors by working with both internal and external parties
• Develop and implement robust data-driven action plans to continually improve performance.
• Coordinate and collaborate with various internal teams while helping to lead the insurance product function at Steadily.
• Competitive analysis / SERFF ninja
Qualifications:
Required:
• Direct, related experience in insurance product development is required.
• You’ve been a high achiever in insurance for over five years.
• You have experience managing personal lines products.
• Bonus points for direct experience in HO or DP products.
• You have created or edited policy form language.
• You have a builder’s mindset and can take projects and products from inception to launch and beyond.
• You have a bias towards action.
• Your technical and analytical skills are top notch.
• You know how to communicate with teammates, stakeholders, leadership, and regulators.
• Your written and oral communication skills are well above average.
• You can navigate SERFF and competitor filings with ease.
• You want to make the leap into an early-stage tech startup to rapidly accelerate your growth and have real impact.
Preferred:
• Desire to join an early-stage insurtech company and make a visible impact.
• Ability to coordinate across teams and influence product direction.
Company:
We built Steadily to serve landlords who want their insurance to work like other modern tools they love: fast and affordable with excellent service. Founded in 2020, the company is headquartered in Beaverton, USA, with a team of 51-200 employees. The company is currently Growth Stage.

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