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Insurance Product Development Internship Jobs in Carol Stream, IL

Interns will gain exposure to senior leaders, participate in professional development sessions, and ... Deliver a meaningful project that influences product strategy, portfolio decisions ...

Successful interns will have exceptional technical and leadership skills and the ability to ... We live our mission of making our world more productive every day by providing high-quality ...

Successful interns will have exceptional technical andleadership skills and the ability to ... We live our mission of making our world more productive every day by providing high-quality ...

Successful interns will have exceptional technical andleadership skills and the ability to ... We live our mission of making our world more productive every day by providing high-quality ...

Director, Product Management

Chicago, IL · On-site

$104K - $190K/yr

Actuarial experience within the property and casualty insurance industry, including pricing, rate development, profitability analysis, or product management. Progress toward or possession of an ...

Product Analyst II

Chicago, IL · On-site

$70K - $80K/yr

In addition to product development collaboration, the individual in this position is responsible ... The ideal candidate is an experienced product analyst with an understanding of insurance products ...

Showing results 41-60

Insurance Product Development Internship information

See Carol Stream, IL salary details

$9

$21

$39

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

As of Sep 2, 2026, the average hourly pay for insurance product development internship in Carol Stream, IL is $21.92, according to ZipRecruiter salary data. Most workers in this role earn between $17.88 and $24.86 per hour, depending on experience, location, and employer.

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 job categories do people searching Insurance Product Development Internship jobs in Carol Stream, IL look for?

The top searched job categories for Insurance Product Development Internship jobs in Carol Stream, IL are:

What cities near Carol Stream, IL are hiring for Insurance Product Development Internship jobs?

Cities near Carol Stream, IL with the most Insurance Product Development Internship job openings:

Infographic showing various Insurance Product Development Internship job openings in Carol Stream, IL as of August 2026, with employment types broken down into 43% Internship, and 57% Full Time. Highlights an 59% In-person, 20% Hybrid, and 21% Remote job distribution, with an average salary of $45,596 per year, or $21.9 per hour.

Spring & Summer 2027 Intern - Product Management

Workiva

Chicago, IL • On-site

$40/hr

Other

Retirement

Posted 3 days ago

New


Workiva rating

9.9

Company rating: 9.9 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

1st of 247 rated software companies


Job description

As a Product Management Intern, you will immerse yourself in solving problems for Workiva's customers and business. You will support product managers in evaluating challenges, engaging with stakeholders, and refining solutions. This role offers the opportunity to work directly with our development team to build and release new features.

What You'll Do

  • Learn and support how customer research is conducted to understand user needs and pain points
  • Analyze customer usage data to make data-driven decisions under the supervision of senior product managers
  • Build strong working relationships within the product development team and with other product managers
  • Contribute ideas to product development
  • Serve as an advocate for your customers and uphold a high standard for building a high-quality product

What You'll Need

Minimum Qualifications

  • Pursuing a degree in a related field

Preferred Qualifications

  • Possess leadership skills and the ability to influence and inspire your team
  • Exhibit a self-starter mindset to execute in a fast-paced environment with minimal direction
  • Demonstrate a strong ability to develop and communicate product vision to your team, peers, and stakeholders
  • Possess excellent verbal and written communication skills
  • Have strong analytical, problem-solving, and prioritization skills
  • Work collaboratively in an environment that promotes constant team communication
  • Prior experience in software development or a similar field

Travel Requirements & Working Conditions

  • Minimal travel
  • Reliable internet access for any period of time working remotely, not in a Workiva office

Location: This internship is primarily a remote opportunity. However, if you are located near one of our office hubs, you are welcome to work in a hybrid capacity and utilize our office spaces. Check out our article on Workplace Flexibility to learn more.

When can you expect to hear back?

We are committed to attending all career fairs and recruitment events before closing our positions. That means, this position might be open without updates for a few weeks to give us time to connect with all potential candidates before wrapping up the recruitment season. Check out our tentative timeline below to see when you can expect to hear from us!

Postings close: September 27, 2026

Engineering postings close: October 2, 2026

Interviews: Early to mid October

Offers: Late October

2027 Start Dates:

This position has opportunities to start in the Spring or Summer. Please see our start dates below and let us know your availability in your application.

  • Spring 2027 Internships: Monday, January 4, 2027 (15-20 hours per week max)
  • Summer 2027 Internships: Monday, May 17, 2027 (40/hours per week max)

How You’ll Be Rewarded

Salary range in the US: $40.00 - $40.00 401(k) participation and match

Paid sick leave

A unique opportunity to further your learning experience through additional internship seasons

Why Join Workiva

Workiva is the platform designed to bring confidence, control, and a competitive edge to the world’s most complex organizations. Our AI-powered platform unifies finance, risk, and sustainability on a single, secure foundation-ensuring data is trusted, traceable, and ready to act on. With an unbroken path from source to output, leaders gain confidence in their numbers, visibility into current and emerging risks, and the ability to move with speed and precision in a constantly changing world.

At Workiva, you’ll bring technology to market that executives, boards, and regulators depend on. The work you do here helps organizations navigate uncertainty, maintain trust, and make decisions that stand up to scrutiny. If you’re energized by meaningful challenges, inspired by collaborative teams, and motivated to help organizations turn uncertainty into advantage, we’d love to meet you.

Employment decisions are made without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other protected characteristic.

Workiva is committed to working with and providing reasonable accommodations to applicants with disabilities. To request assistance with the application process, please email earlycareer@workiva.com.

Workiva employees are required to undergo comprehensive security and privacy training tailored to their roles, ensuring adherence to company policies and regulatory standards.

Workiva supports employees in working where they work best - either from an office or remotely from any location within their country of employment.


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