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Insurance Product Development Internship Jobs (NOW HIRING)

We're backed by industry leaders in insurance and tech, and we still have room to grow - that ... Lead initiatives from business case and product development through regulatory filing, design ...

Product Development Manager

Westfield Center, OH · On-site

$116K - $145K/yr

Job Summary The Product Development Manager is responsible for the ongoing maintenance, development, and delivery of Insurance product offerings. The role oversees and is accountable for the product ...

Product Development Manager

Westfield Center, OH · Hybrid

$100K - $126K/yr

Job Summary The Product Development Manager is responsible for the ongoing maintenance, development, and delivery of Insurance product offerings. The role oversees and is accountable for the product ...

... product and set you up for success What we offer: - As an Intern, $22 per hour base + an average of ... Paid time off * Vision insurance Schedule: * Monday to Friday Supplemental Pay: * Bonus ...

NY · On-site

$134.14 - $176.05/hr

We're hiring a Senior Manager, Insurance Product and Benefit Design to join our Insurance Product Development team. Oscar is the first health insurance company built around a full stack technology ...

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Insurance Product Development Internship information

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$21

$37

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

As of Aug 21, 2026, the average hourly pay for insurance product development internship in the United States is $21.19, according to ZipRecruiter salary data. Most workers in this role earn between $17.31 and $24.04 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 are hiring for Insurance Product Development Internship jobs?

Cities with the most Insurance Product Development Internship job openings:

What are the most commonly searched types of Insurance Product Development jobs?

The most popular types of Insurance Product Development jobs are:

What states have the most Insurance Product Development Internship jobs?

States with the most job openings for Insurance Product Development Internship jobs include:

Infographic showing various Insurance Product Development Internship job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 73% Full Time, 21% Part Time, and 5% Contract. Highlights an 89% Physical, 1% Hybrid, and 10% Remote job distribution, with an average salary of $44,083 per year, or $21.2 per hour.

Reinsurance Product Development Partner (Princeton)

Munich Reinsurance America, Inc

Princeton, NJ • On-site

$138K - $215K/yr

Full-time

Re-posted 18 days ago


Job description

Munich Reinsurance America, Inc is seeking a Product Development Business Partner in Princeton, NJ. This role involves drafting and reviewing reinsurance contracts, developing new insurance products, and collaborating with diverse teams. Candidates must have a Juris Doctor degree and extensive experience in reinsurance and insurance product development. Offering a salary range of $138,400 - $215,000 with comprehensive benefits including health, disability, and wellness programs.
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