Insurance Product Development Associate

Hyundai Capital • Irvine, CA

3d • Hybrid

About The Position

The Insurance Product Development Associate supports product development and portfolio management activities for insurance programs. The role performs defined analyses, prepares reports, maintains product and project documentation, coordinates approvals, and assists with testing and implementation activities. The associate also supports reviews of product forms and program details, tracks project progress and approvals, and helps monitor products after launch.

Requirements

• Minimum 2–4 years of related experience in product development, financial services, insurance, business analysis, pricing, reporting, or project support.
• Experience performing data analysis, preparing reports, maintaining documentation, or supporting product and process implementation.
• Bachelor’s degree in Marketing, Sales Management, Business, Statistics, or a related field.
• Knowledge of product development, business analysis, or project coordination principles.
• Ability to analyze information, identify trends, and summarize findings.
• Ability to prepare reports and maintain accurate product and project documentation.
• Proficiency with Microsoft Office, including Excel, PowerPoint, Word, and Outlook.
• Ability to follow established procedures and complete assignments within defined timelines.
• Ability to communicate effectively and coordinate with internal and external stakeholders.
• Ability to identify discrepancies, escalate issues, and support resolution activities.

Nice To Haves

• Experience supporting insurance or financial products.
• Working knowledge of data-querying or reporting tools, as applicable based on business needs.

Responsibilities

• Perform financial and operational analyses to support product performance reviews, pricing evaluations, and identification of potential product opportunities.
• Prepare reports and summarize findings for management review.
• Assist with preparing, reviewing, and maintaining consumer-facing product forms.
• Coordinate documentation and track approvals from Legal, Compliance, and other applicable stakeholders.
• Maintain project schedules, action items, status reports, business requirements, and supporting documentation.
• Assist with testing, issue tracking, implementation, and post-launch monitoring activities.
• Prepare meeting materials, coordinate meetings, document decisions, communicate status updates, and track required product and project approvals.
• Review product features, coverage provisions, program rules, system configurations, and business requirements to identify discrepancies and support compliance, audit, and quality-control activities.

Benefits

• Hybrid flexibility: 4 days in office and 1 day remote.
• Monthly vehicle allowance plus vehicle purchase and lease discounts.
• Medical, dental, and vision plans.
• Employer-funded HSA contributions.
• 401(k) with company match and immediate vesting from day one.
• 100% company-paid life and disability insurance.
• Fitness and health resources.
• Leadership programs and career development.
• Paid Volunteer Time Off and a company charitable donation in the employee’s honor.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level