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Insurance Product Development Internship Jobs in Normal, IL

Countryfinancial

Risk Management Intern

Bloomington, IL · On-site

$14.50 - $19.25/hr

The Internship is completed over the course of one year (Summer - Full Time, Fall & Spring ... and business insurance products as well as retirement and investment services. We build ...

New

Moderna

Intern, CMC Development (Summer 2027)

Clintonia, IL · On-site +1

$20 - $60/hr

Summer Interns will have an opportunity to be part of high-performing project teams developing new ... Optimize the impact of formulation and processing conditions on the stability of mRNA drug products ...

COUNTRY Financial

Product Analyst

Bloomington, IL · On-site

$78K - $108K/yr

How does this role make an impact? - Drive the successful development of new products and the ... You'll be able to take advantage of our benefits package, which includes insurance benefits ...

Countryfinancial

Product Analyst

Bloomington, IL · On-site

$78K - $108K/yr

How does this role make an impact? - Drive the successful development of new products and the ... You'll be able to take advantage of our benefits package, which includes insurance benefits ...

Countryfinancial

Automation Developer Intern

Bloomington, IL · On-site

$18.50 - $24.25/hr

Our internship recruiting process takes place over several months. Applications open in mid ... and business insurance products as well as retirement and investment services. We build ...

New

Countryfinancial

Graphic Design Intern

Bloomington, IL · On-site

$14.50 - $19.25/hr

Our internship recruiting process takes place over several months. Applications open in mid ... and business insurance products as well as retirement and investment services. We build ...

New

Workiva

Spring 2027 Intern - Data Analytics

Clintonia, IL · On-site +1

$22/hr

Suggest new product development priorities for Wdesk after gathering market data * Analyze use of ... This internship is primarily a remote opportunity. However, if you are located near one of our ...

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

Insurance Product Development Internship information

See Normal, IL salary details

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

As of Sep 11, 2026, the average hourly pay for insurance product development internship in Normal, IL is $20.72, according to ZipRecruiter salary data. Most workers in this role earn between $16.92 and $23.51 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 cities near Normal, IL are hiring for Insurance Product Development Internship jobs?

Cities near Normal, 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 Normal, IL as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 21% Part Time, and 4% Contract. Highlights an 90% Physical, 1% Hybrid, and 9% Remote job distribution, with an average salary of $43,099 per year, or $20.7 per hour.

Risk Management Intern

Bloomington, IL • On-site

Countryfinancial
See more jobs at Countryfinancialexternal

$14.50 - $19.25/hr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 2 days ago

New

Job description

Experience more with a career at COUNTRY Financial!

We're excited you're interested in a career at COUNTRY as we strive toward our vision - to enrich lives in the communities we serve. Our footprint spans coast to coast. But more important than where we operate, is the people who do the work. Apply today to help our organization grow and make a difference for our clients.

About the roleThe Risk Management Rotational Internship provides cross functional experience within Internal Audit, Compliance, Enterprise Procurement, Property & Administrative Services, and Controllers (Tax). Intern responsibilities may include documentation and assessment of processes, risks and controls. Certain assignments may be performed on behalf of external auditors. The Internship is completed over the course of one year (Summer - Full Time, Fall & Spring Semesters - Part Time).
Application Timeline:
We know waiting can be difficult, so we want to set expectations upfront. Our internship recruiting process takes place over several months. Applications open in mid-September and are reviewed as they are received. HR interviews are expected to begin in mid-October, followed by interviews with hiring leaders. Depending on the role and applicant volume, hiring decisions and offers may be made anytime from October through January. We appreciate your patience throughout the process and will communicate updates as they become available.How does this role make an impact?

"Test drive" a potential career path through real corporate projects, collaboration in meetings, and several networking opportunities. While working alongside and learning from expert leaders at all levels of the company, in addition to teaming up with fellow interns to showcase your ideas, our interns impact the business, and experience professional and personal growth.

Do you have what we're looking for?
  • Pursuing a degree in accounting, finance, risk, or a related field.
  • Must be able to work full-time hours from late May 2027 to early August 2027. The internship will be extended part-time through fall 2027 and spring 2028.
  • Graduation date of May 2028 or beyond.
  • Ability to work independently with management support.
  • An accounting background is strongly preferred.
  • Knowledge of Microsoft Office applications (Excel, Word, Outlook).
Why work with us?

Our employees and representatives serve nearly one million households with our diverse range of personal and business insurance products as well as retirement and investment services. We build relationships and work together to create a stronger, more secure future for our clients and our communities. We're a big company, yet small enough you can make an impact and won't get lost in the shuffle. You'll have the opportunity to learn and grow throughout your career, either within this role or by exploring other areas of our business.

You'll be able to take advantage of our benefits package, which includes insurance benefits (medical, dental, vision, disability, and life), 401(k) with company match.

COUNTRY Financial is committed to providing equal opportunity in all areas of employment, and in providing employees with a work environment free of discrimination and harassment. Employment decisions are made without regard to race, color, religion, age, gender, sexual orientation, veteran status, national origin, disability, or any other status protected by applicable laws or regulations.

Come join our team at COUNTRY today!

Apply