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Product Development Associate Jobs in Minneapolis, MN

Loram

Product Engineer IV

Hamel, MN

Chief Engineer or Engineering Manager, Product Development GENERAL DESCRIPTION / PURPOSE: The ... Post-secondary education at the associate degree level or higher will be verified, including degree ...

Loram

Product Engineer IV

Hamel, MN · On-site

Chief Engineer or Engineering Manager, Product Development GENERAL DESCRIPTION / PURPOSE: The ... Post-secondary education at the associate degree level or higher will be verified, including degree ...

Asset Marketing Services, LLC

Associate Merchant

Eagan, MN · On-site

$66K - $76K/yr

The Associate Merchant collaborates with the product development studio, identifies potential products for marketing channels, and contributes new ideas for future programs. The goal is to ensure ...

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All JobsProduct Development Associate JobsProduct Development Associate Jobs in Minneapolis, MN

Product Development Associate information

See Minneapolis, MN salary details

$14

$31

$51

How much do product development associate jobs pay per hour?

As of Aug 11, 2026, the average hourly pay for product development associate in Minneapolis, MN is $31.83, according to ZipRecruiter salary data. Most workers in this role earn between $24.57 and $39.66 per hour, depending on experience, location, and employer.

How does a product development associate typically collaborate with cross-functional teams during the product lifecycle?

As a Product Development Associate, you’ll work closely with departments such as marketing, engineering, and manufacturing throughout the product lifecycle. You’ll help translate customer feedback and market trends into product requirements, coordinate with designers and engineers to ensure feasibility, and assist in managing timelines and deliverables. Regular meetings and clear communication are vital, as you’ll often serve as a liaison to ensure everyone is aligned on goals and progress. This collaborative environment not only strengthens your teamwork skills but also provides valuable exposure to various aspects of the business.

What is the difference between Product Development Associate vs Product Manager?

AspectProduct Development AssociateProduct Manager
Required CredentialsBachelor's degree in business, marketing, or related field; some roles may require internships or entry-level experienceBachelor's degree often required; MBA or relevant certifications preferred; extensive experience in product lifecycle management
Work EnvironmentCollaborative teams within product development, R&D, or marketing departmentsCross-functional teams including engineering, marketing, sales, and executive leadership
Employer & Industry UsageCommon in tech, manufacturing, and consumer goods companies for entry to mid-level rolesUsed across industries for strategic product oversight and lifecycle management

The Product Development Associate focuses on supporting the creation and refinement of products, often handling research, testing, and coordination tasks. In contrast, the Product Manager oversees the entire product lifecycle, making strategic decisions and managing cross-functional teams. While both roles require a background in business or related fields, the Product Manager role typically demands more experience and leadership responsibilities.

What are the key skills and qualifications needed to thrive as a product development associate, and why are they important?

To thrive as a Product Development Associate, you need strong analytical abilities, project management skills, and a relevant bachelor's degree (such as in business, engineering, or marketing). Familiarity with product lifecycle management (PLM) software, data analysis tools, and prototyping platforms is commonly required. Creativity, teamwork, and effective communication are standout soft skills for this role. These competencies are crucial for efficiently bringing innovative products to market and collaborating successfully with cross-functional teams.

What does a product development associate do?

A Product Development Associate supports the creation and improvement of new products within a company. They conduct market research, assist in designing product concepts, coordinate with cross-functional teams, and help manage the product development process from idea to launch. Their role often includes analyzing customer needs, monitoring trends, and ensuring products meet quality standards. This position is collaborative and requires strong organizational and communication skills.
What are the most commonly searched types of Product Development jobs in Minneapolis, MN? The most popular types of Product Development jobs in Minneapolis, MN are:
What are popular job titles related to Product Development Associate jobs in Minneapolis, MN? For Product Development Associate jobs in Minneapolis, MN, the most frequently searched job titles are:
What job categories do people searching Product Development Associate jobs in Minneapolis, MN look for? The top searched job categories for Product Development Associate jobs in Minneapolis, MN are:
What cities near Minneapolis, MN are hiring for Product Development Associate jobs? Cities near Minneapolis, MN with the most Product Development Associate job openings:
Product Development Associate jobs near you
Infographic showing various Product Development Associate job openings in Minneapolis, MN as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 17% Part Time, and 3% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $66,209 per year, or $31.8 per hour.

Products and Business Solutions Leadership Development Program Associate

Ameriprise Financial Services LLC

Minneapolis, MN • On-site

$70K/yr

Full-time

Medical, Dental, Life, Retirement, PTO

Posted 7 days ago

Ameriprise rating

7.7

Company rating: 7.7 out of 10

Based on 130 frontline employees who took The Breakroom Quiz

106th of 150 rated financial services

Job description

About Our Company
We're a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.
Job Description
The Advice & Wealth Management Products & Business Solutions LDP is a 18-month experiential commitment crafted to cultivate your business knowledge, gain on-the-job training, network in an encouraging, inclusive, team-based environment, have exposure to senior leaders and contribute to the success of the company through three, 6-month rotations. With access to our Business Resource Networks - which includes the Black Employee Network, Young Professionals Network, PRIDE Network - you will increase your own sense of belonging and engage in relevant networking and development opportunities. Embark on this journey as a Leadership Development Program Associate and lay the foundation for your future.
Advice & Wealth Management Products & Services works toward providing a best-in-class client and advisor experience, while also making sure our products and services create a competitive advantage for Ameriprise.
As a Products & Business Solutions LDP, you may rotate through the following business areas:
• Wealth Management Solutions
• Banking & Cash Solutions
• Supervision & Risk Mitigation
After exploring the breadth of the business unit(s) through each rotation, LDPs may have the opportunity to post to a permanent position within Ameriprise Financial.
Responsibilities vary depending on current rotation and assigned projects(s) and may include:
  • Participating on project teams responsible for implementing and executing new tools, products, or programs for clients, advisors, field leaders and/or staff
  • Support innovation efforts to drive enhancements, efficiencies, and transformational change by recommending and leading enhancements to existing processes and programs
  • All aspects of project management including planning, communication, development and collaboration across various levels of the organization

Examples of past LDP projects include:
  • Develop a Quarterly Product Strategy report for business leaders, keeping the team abreast of recent industry trends and conducting regular business partner check-ins to continue increasing knowledge of products and various stakeholder perspectives.
  • Performing a high net worth competitive analysis - collect and synthesize competitive data and information from other broker-dealers, wealth managers, and family offices active within the landscape.
  • Support work associated with the Advice and Wealth Management data strategy to further our efforts in adopting analytics tools and promoting growth in team capabilities.
  • Partner with the Equity Research team to build sector dashboards and models which are used by a Global committee when making tactical sector recommendations.
  • Assist with vendor evaluations and product design for transformational credit card and rewards projects.
  • Support the Bank Operations team in establishing baseline metrics for our growing client experience program, and conducting a project lessons learned analysis.
  • Create an investment foundations library - develop, write, and publish a series of investment whitepapers that will form a client-focused resource library.

Required Qualifications:
  • Current Senior at a 4-year university pursing a bachelor's degree in Finance, Business Analytics, Economics, Business Management, or related field.
  • Graduation date of December 2026 or May/June 2027.
  • Commitment to complete the full 18-month Leadership Development Program.

Preferred Qualifications
  • High degree of self-motivation with strong integrity and ethics
  • Proven organization skills and ability to manage time effectively
  • Excellent communication, interpersonal, and presentation skills
  • Ability to work and communicate collaboratively with all levels of the organization including team members, managers, and senior leaders
  • Proficient with Microsoft Office Suite

Base Pay Salary
The estimated base salary for this role is $70,000 per year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurance.
Full-Time/Part-Time
Full time
Exempt/Non-Exempt
Exempt
Job Family Group
Human Capital
Line of Business
AWMBD Advice and Wealth Mgmt and Business Development
Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.
We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.

What Ameriprise employees say

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About Ameriprise

Sourced by ZipRecruiter

At Ameriprise Financial, we're not just in the business of helping clients with their financial goals - we also help our advisors and employees reach their true potential by embracing an inclusive and collaborative culture. We celebrate the unique qualities and reward the contributions of our talented, passionate employees. If you're motivated and want to work for a strong, ethical company that cares about you and your community, take the next step with Ameriprise Financial.

Industry

Funds, trusts and financial programs

Company size

5,001 - 10,000 Employees

Headquarters location

Minneapolis, MN, US

Year founded

1894

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