ZipRecruiter

Log In

1

Insurance Product Development Internship Jobs in Elgin, IL

PURE Insurance

Associate Product Manager

Chicago, IL · On-site

$90 - $110/hr

This role supports the development, implementation, and performance oversight of state-specific strategies for high-net-worth personal insurance products. The ideal candidate has a foundational ...

Medline

MBA Intern, Product Management

Chicago, IL

$92K - $138K/yr

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

Brookfield

Director, Product Management

Chicago, IL

$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 ...

New

Danaher

R&D Internships

Dekalb, IL · On-site

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 ...

Danaher

R&D Internships

Chicago, IL · On-site

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 ...

Danaher

R&D Internships

Aurora, IL

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 ...

previous page

Showing results 41-60

All JobsInsurance Product Development JobsInsurance Product Development Internship JobsInsurance Product Development Internship Jobs in Elgin, IL

Insurance Product Development Internship information

See Elgin, IL salary details

$9

$20

$37

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

As of Aug 19, 2026, the average hourly pay for insurance product development internship in Elgin, IL is $20.95, according to ZipRecruiter salary data. Most workers in this role earn between $17.12 and $23.75 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 are the most commonly searched types of Insurance Product Development jobs in Elgin, IL?

The most popular types of Insurance Product Development jobs in Elgin, IL are:

What are popular job titles related to Insurance Product Development Internship jobs in Elgin, IL?

For Insurance Product Development Internship jobs in Elgin, IL, the most frequently searched job titles are:

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

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

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

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

Insurance Product Development Internship jobs near you
Infographic showing various Insurance Product Development Internship job openings in Elgin, IL as of August 2026, with employment types broken down into 1% As Needed, 72% Full Time, 23% Part Time, and 4% Contract. Highlights an 89% Physical, 1% Hybrid, and 10% Remote job distribution, with an average salary of $43,577 per year, or $21 per hour.

Food Innovation and Product Development Scientist II

The Fresh Factory

Downers Grove, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 14 days ago

Job description

The Food Innovation and Product Development Scientist II role is responsible for developing a product from ideation through to retail shelves. Responsibilities of this role include reviewing the initial manufacturability, scale-up, formulation, and launch of products produced by The Fresh Factory. This role works on the innovation and commercialization of new products and the renovation of existing products. This person will report to the R&D and Commercialization Manager.

 Key Responsibilities:

      Review innovation and line-extension projects at the ideation stage to determine the feasibility of adding a product to the Fresh Factory portfolio.

      Provide technical guidance and execute bench development for targeted development initiatives.

      Lead new product formulation to achieve desired food quality, nutritional, and safety parameters, and cost targets.

      Scale new products to match The Fresh Factory's processing capabilities.

      Understand the requirements of strategic ingredients, products, processes, and packages to support the development of new products.

      Plan, conduct, and coordinate product development plans and trial plans.

      Lead trial runs and sample production of new products.

      Coordinate with the production crew to ensure proper understanding of new products

      Oversee initial full-scale production of new products.

      Other functions involved in the new product launch are not outlined here.

Qualifications:

      Bachelor's degree in food processing required with 3-5 years of experience or a Master's degree in food processing with up to 2 years of experience

      Strong technical knowledge of food science and food safety

      Broad understanding of new product innovation from concept to execution

      Strong communication and leadership skills

      Ability to work as part of a team and work under ambiguity

      Good working knowledge of Microsoft Office and Excel

      Previous experience working in a food processing facility

      Previous experience managing a team, preferred

      Must speak English; Spanish a plus but not required

      Highly organized with a high degree of self-motivation.


Physical Requirements:

      Must be able to read, write, and understand text and instructions

      Being able to taste all the food products (unless there is an allergy)

      Stands most of the day

      Bend/Stoop/Position oneself to move crates of materials

      Works in a cold room up to approximately 35% of the time

      Must wear Personal Protective Equipment

Benefits:

We offer a competitive compensation and benefits package designed to support the health, well-being, and professional growth of our employees, including:

  • Medical, dental, and vision insurance
  • Voluntary short-term disability, long-term disability, and life insurance
  • Employee Assistance Program (EAP)
  • Paid holidays and PTO
  • Continuous learning stipends, including educational budgets and time off for professional development
  • Access to a 401(k) retirement savings plan
  • A culture built on trust, collaboration, and opportunities for growth


Apply