Insurance Product Development Intern
Western National Insurance
Edina, MN20–22 yrs57m agovia LinkedIn
About the Role
Western National Insurance Group is seeking a Product Development Intern to join its Product Development team as part of the Summer 2027 Internship Program. This opportunity is well suited for students who enjoy analytical problem-solving, working with data, and understanding how insurance products are designed, maintained, and improved.
Position Summary
As a Product Development Intern, you will support the work that helps Western National build, maintain, and improve personal and commercial insurance products. This is a Product Development role, not an actuarial position, but it may be a strong fit for students with actuarial, statistical, mathematical, or other quantitative backgrounds.
Key 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.
Requirements & Tech Stack
- Currently pursuing a degree in Actuarial Science, Statistics, Mathematics, Data Analytics, Economics, Finance, Business, Insurance, or a related field preferred.
- 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.
Compensation Overview
- The base pay for this position will be $20.00 per hour.