Product Analysis Intern

Warrior Insurance Network; Bedford Park (IL); On-site; USD 22,000 - 33,000; Full time

Job summary

Warrior Insurance Network is seeking an eager intern to join its Product and Actuarial Analysis Department. This position offers hands-on experience in insurance terms, product initiatives, and regulatory filings, ideal for a college student or recent graduate.

You will help with project work, competitor rate analysis, and monthly/quarterly reporting while building strong cross-team relationships in a dynamic environment.

Qualifications

• Bachelor’s degree with GPA 3.0 (or higher) in Business Administration, Actuarial Science, Math/Statistics, Economics, Finance, or related field.
• Excellent verbal and written communication skills.
• Strong quantitative, organizational, decision making, and problem-solving abilities.
• Proficiency in Microsoft Word and Excel.
• Basic knowledge of the insurance industry is a plus but not required.
• Must be able to work in the U.S. without sponsorship.
• Internship is not eligible for university course credits.
• Ability to work 40 hours per week.

Responsibilities

• Plan, implement, manage, and contribute to projects up to moderate complexity.
• Analyze competitor product rates, features, and contract languages.
• Assist in filing rate, rule, and form filings for regulatory compliance.
• Contribute to new product developments and existing product enhancements.
• Conduct market research and provide observations on target markets.
• Create and update monthly/quarterly reports.
• Collaborate with IT to implement system and rate changes.

Skills

Verbal communication

Written communication

Quantitative skills

Organizational skills

Problem solving

Education

Bachelor’s degree in Business Administration or related field

Tools

Microsoft Word

Microsoft Excel

Job description

Warrior Insurance Network is looking for an eager, ambitious, and diligent intern to join its Product and Actuarial Analysis Department. This is a great opportunity for a college student or recent college graduate to gain true business experience in a hands‑on working environment.

DUTIES & RESPONSIBILITIES:

Interns are introduced to insurance terminology and concepts, and gain exposure to a variety of product initiatives. Specific duties may include the following:

• Plan, implement, manage, and/or contribute to projects up to moderate complexity
• Analyze competitor product rates, features, and contract languages
• Within department, assist in the creation of rate, rule, and form filings for submission to the Department of Insurance to satisfy state regulatory requirements
• Across all functional departments, assist in new product developments and existing product enhancements
• Conduct research and provide observations on target markets
• Responsible for special ad hoc projects, analysis, and reporting
• Participate in evaluation of internal/external processes and procedures
• Assist with basic compliance and regulation questions as needed
• Create and update monthly/quarterly reports
• Work with IT to implement basic system and web rate changes and enhancements
• Build strong relationships among team members, ensuring cooperation on project objectives

In this role, you will be involved primarily with Commercial lines of business.

QUALIFICATIONS:

Ideal candidates will fulfill the following requirements:

• Recently acquired or pursuing a bachelor's degree in Business Administration, Actuarial Science, Math/Statistics, Economics, Finance, or other related degree with a cumulative grade point average of 3.0 (out of 4.0) or better
• Excellent verbal and written communication skills
• Excellent quantitative, organizational, decision making, and problem‑solving skills
• Proficiency in Microsoft Word and Excel
• Basic knowledge of insurance industry is a plus but not required
• Must be able to work in U.S. without sponsorship
• Internship is not eligible for university course credits
• Ability to work 40 hours per week

*This is a temporary seasonal position and is not benefit eligible.

Estimated Compensation Range: $16/hr-$23.75/hr*

*Published ranges are estimates. Offered compensation will be based on experience, skills, education, certifications, and geographic location.