Product Development Intern Jobs in Raleigh, NC (NOW HIRING)

Career Area:

Students and Graduates

Job Description:

Your Work Shapes the World at Caterpillar Inc.

When you join Caterpillar, you're joining a global team who cares not just about the work we do - but also about each other. We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here - we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.

Internship Program Details:

Pricing interns work in a team environment to establish and execute optimal price levels for various products and services at Caterpillar. This is accomplished by providing pricing recommendations and a thorough analysis of various business indicators including sales, competitive environment, and product value characteristics. The revenue management internship program provides support before, during and after the internship to ensure that every intern gains the appropriate professional and personal growth necessary to be successful in the corporate environment.

Session Dates:

Summer 2027: 5/17/2027 - 8/06/2027

This is a 40-hour-per-week onsite work assignment, Monday through Friday, lasting 12 weeks in the summer.

What you will get: Besides exciting work, Corporate Interns will experience:

• Comprehensive internship orientation
• Travel Reimbursement
• Tours of state-of-the-art manufacturing and research facilities
• Product Demonstrations
• Various social events
• Networking with leadership
• Intern round table discussions
• Business skill building
• Career discussion with leaders and experts
• Resume and Interview workshop
• Paid holidays
• And more!

Thousands of Caterpillar employees come to work every day. While they perform their daily tasks, they're contributing to the work of a powerful global team. At Caterpillar, we know that innovation happens step-by-step, piece-by-piece, person-by-person. Everyone has a vital role to play in our organization. Modest, small projects can grow and evolve into groundbreaking, world-changing technologies, machines, services, and more through collaboration and teamwork in a diverse and inclusive work environment. Caterpillar couldn't be the company it is today without the men and women who shape it by producing their best work. Because employees power the success of Caterpillar, the company is committed to empowering the success of the employees. When employees win, so does Caterpillar.

What You Will Do:

• Critical team member in organizations that handle all aspects of pricing for Caterpillar Machines, Energy & Transportation (Engines), and Parts & Services.
• Collaborate with product, sales, marketing, accounting, and supply chain teams to drive value-based pricing strategies.
• Work with cross-functional teams to advance Caterpillar's digital pricing capabilities,
• Provide guidance for the execution of dynamic and differentiated pricing strategies.
• Analysis, interpretation, and communication of a wide variety of data.
• Execute strategic and tactical price action within a robust pricing governance framework.

Internship Program Qualifications:

• Must be currently pursuing a degree at a 4-year accredited university/college in one of the following degree programs: Bachelors or Masters degree in Finance, Accounting, Economics, Business Administration, Business Management, Statistics, Mathematics, Marketing, or another business-related field, at the time of application and throughout the program
• Minimum 3.0/4.0 GPA (both Major GPA & Cumulative GPA).
• 12 completed semester hours prior to the start of the internship.
• If a transfer student must have 12 semester hours completed at a 4-year university.

Top Candidates Will Also Have:

• Previous internship and/or relevant work experience.
• Strong analytical, initiative, communication, leadership, and interpersonal skills.
• Leadership involvement in student associations.
• Intermediate user of Microsoft Excel.

Additional Details:

• Locations: Peoria, IL, Mossville, IL and Cary, NC.
• Candidates must be willing to relocate if necessary for the duration of the internship, and complete daily work commute using reliable transportation.
• Domestic relocation is available for those who qualify.
• Candidates must be willing to travel as needed.
• Housing Stipend and Relocation Assistance (if eligible)
• Visa Sponsorship is not available for this position.
• 5-day weekly onsite assignment.

What You Have - Skills Needed for Success in Role:

• Customer Focus : Knowledge of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and ability to leverage that information in creating customized customer solutions.
• Data Gathering & Analysis: Knowledge of data gathering and analysis tools, techniques, and processes; ability to collect and synthesize data from a variety of stakeholders and sources in an objective manner to reach a conclusion, goal, or judgment.
• Accuracy and Attention to Detail : Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
• Analytical Thinking : Knowledge of techniques and tools that promote effective analysis; ability to determine the root cause of organizational problems and create alternative solutions that resolve these problems.
• Effective Communications : Understanding effective communication concepts, tools, and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.

Final Details:

If you are interested in applying for this position, please attach a copy of your resume and an unofficial copy of your transcripts to your application. Also, frequently check the email associated with your application, including the junk/spam folder, as this is the primary correspondence method. If you wish to know the status of your application - please use the candidate log-in on our career website as it will reflect any updates to your status.

Summary Pay Range:

$22.50 - $40.25

Intern Hourly Rate:

An intern's hourly rate is based on the major/degree being pursued and the number of completed academic hours achieved before the start of the internship.

Intern Benefits:

The total rewards package, beyond base salary, may include if eligible:

• Accrued Paid Time Off (PTO)
• Paid Holidays
• Paid Volunteer Day
• Housing Stipend
• Relocation Assistance
• Medical coverage
• Voluntary benefits

This position requires working onsite five days a week.

Relocation is available for this position.

Visa Sponsorship is not available for this position.

Posting Dates:

July 1, 2026 - July 9, 2026

Any offer of employment is conditioned upon the successful completion of a drug screen.

Caterpillar is an Equal Opportunity Employer, Including Veterans and Individuals with Disabilities. Qualified applicants of any age are encouraged to apply.

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