Product Development Specialist

3 weeks ago


Chicago, Illinois, United States Warrior Insurance Network Full time
Job Description

Warrior Insurance Network is seeking a highly motivated and detail-oriented intern to join its Product and Actuarial Analysis Department. This opportunity allows a college student or recent graduate to gain hands-on experience in a dynamic working environment.


Duties and Responsibilities:

Interns will be introduced to insurance terminology and concepts, and gain exposure to various product initiatives. Specific tasks may include:

  • Developing and implementing projects of moderate complexity
  • Researching and creating coverage forms, endorsements, and manuals to support products
  • Analyzing competitor product rates, features, and contract languages
  • Assisting in the creation of rate, rule, and form filings for submission to the Department of Insurance to satisfy state regulatory requirements
  • Contributing to new product developments and existing product enhancements across functional departments
  • Conducting research and providing observations on target markets
  • Responsible for special ad hoc projects, analysis, and reporting
  • Participating in the evaluation of internal and external processes and procedures
  • Creating and updating monthly and quarterly reports
  • Building strong relationships among team members to ensure cooperation on project objectives

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


Qualifications:

Ideal candidates will meet the following requirements:

  • Recently acquired or pursuing a bachelor's degree in Pre-law, English, History, Political Science, Business Administration, 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 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
Job Posted by Warrior Insurance Network

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