Insurance Product Innovation Intern

Western National Insurance Group; Edina (MN); On-site; USD 23,000 - 32,000; Part time

Job summary

Western National Insurance Group invites applications for a Product Development Intern role in Edina, MN. This internship focuses on supporting product development activities for personal and commercial lines and offers exposure to forms, rates, rules, manuals, and regulatory filings.

The program seeks students with quantitative backgrounds who enjoy data analysis and problem solving, with strong attention to detail and solid communication skills. Onsite work at the corporate office is required.

Qualifications

• Pursuing a degree in actuarial science, statistics, mathematics, data analytics, economics, finance, business, insurance, or a related field.
• Interest in learning how insurance products are structured, priced, documented, regulated, and administered.
• Strong analytical problem-solving skills and the ability to organize and interpret information.
• Experience with Microsoft Office products, especially Excel, Word, and related data or document tools.
• Strong attention to detail and accuracy.
• Well-developed written and verbal communication skills.
• Ability to prioritize work, meet deadlines, follow established procedures, and learn new systems.
• Ability to work onsite at our corporate office in Edina, MN.

Responsibilities

• Assist with compiling, organizing, validating, and analyzing information used in Product Development projects.
• Review and update forms, rates, rules, manuals, reports, templates, and other product materials for accuracy and completeness.
• Identify and/or analyze straightforward trends, comparisons, and patterns and summarize findings for the Product Development team.
• Research insurance requirements, market practices, and product information; identify questions and recommend practical solutions.
• Collaborate with Product Development and partners in Actuarial, Underwriting, Claims, Compliance, Operations, Technology, and Analytics.

Skills

Analytical skills

Attention to detail

Written & verbal communication

Organizational skills

Education

Actuarial Science / Statistics / Mathematics / Data Analytics / Economics / Finance / Business / Insurance (related field)

Tools

Excel

Word

Job description

Western National Insurance Group invites applications for a Product Development Intern role in Edina, MN. This internship focuses on supporting product development activities for personal and commercial lines and offers exposure to forms, rates, rules, manuals, and regulatory filings.

The program seeks students with quantitative backgrounds who enjoy data analysis and problem solving, with strong attention to detail and solid communication skills. Onsite work at the corporate office is required.