Business Development Intern

Ryan Specialty Group

  • Chicago, Illinois
  • 9 days ago

    Highlights

    Approximately half of the internship will focus on supporting the sales team through data management, market research, reporting, and process optimization using Excel and AI-powered tools. This is an excellent opportunity for a student interested in sales, business development, analytics, insurance, or consulting who wants to gain real-world experience while making a meaningful business impact.

    Numbers & Facts

    LocationChicago, Illinois

    Description

    Position Summary
    Ryan Specialty Benefits is seeking a highly motivated and driven Business Development Intern to support our growing sales organization. This unique internship combines business development, sales support, and data analytics, providing hands-on exposure to the specialty insurance industry.

    The ideal candidate is curious, self-motivated, and eager to learn. Approximately half of the internship will focus on supporting the sales team through data management, market research, reporting, and process optimization using Excel and AI-powered tools. The remaining portion will focus on business development and sales activities, including lead generation, prospect research, relationship-building efforts, and supporting strategic growth initiatives.

    This is an excellent opportunity for a student interested in sales, business development, analytics, insurance, or consulting who wants to gain real-world experience while making a meaningful business impact.

    About Ryan Specialty:
    Ryan Specialty is an international specialty insurance firm that provides innovative solutions for brokers, agents, and insurance carriers.

    What will your job entail?

    What Your Day May Look Like

    • Support the Benefits sales team through data gathering, organization, reporting, and analysis utilizing Excel and AI-enabled tools.

    • Conduct market research on prospective clients, industries, and growth opportunities to support strategic business development efforts.

    • Assist with the creation and maintenance of prospect databases, pipeline reports, business development trackers, and sales dashboards.

    • Analyze complex datasets to identify trends, opportunities, and actionable business insights.

    • Help prepare client-facing presentations, sales materials, reports, and business development communications.

    • Participate in lead generation initiatives through prospect identification and market research.

    • Support business development outreach and relationship-building activities.

    • Collaborate with sales leaders and team members on strategic projects and growth initiatives.

    • Assist with process improvement efforts designed to increase efficiency and effectiveness across business development operations.

    • Participate in team meetings and contribute ideas that support client engagement and organizational growth.

    Education & Experience

    Required Qualifications

    • Currently pursuing a Bachelor's degree in Business, Marketing, Sales, Finance, Economics, Data Analytics, Risk Management, Insurance, or a related field.

    • Strong interest in sales, business development, relationship management, or analytics.

    • Advanced proficiency in Microsoft Excel and comfort working with large datasets.

    • Strong analytical, problem-solving, and organizational skills.

    • Excellent written and verbal communication skills.

    • Ability to work independently while managing multiple priorities in a remote environment.

    • Self-motivated with a strong desire to learn and contribute.

    Preferred Qualifications

    • Previous internship, leadership, sales, customer service, or business development experience.

    • Exposure to data analysis, reporting, market research, or business intelligence projects.

    • Familiarity with AI-powered productivity, research, or data analytics tools.

    • Interest in the insurance, employee benefits, consulting, or financial services industries.

    What You'll Gain

    • Hands-on experience supporting a high-performing business development and sales organization.

    • Exposure to the specialty insurance and employee benefits industries.

    • Direct interaction with experienced business leaders and sales professionals.

    • Opportunities to utilize Excel, AI tools, and business intelligence resources to solve real-world business challenges.

    • Development of professional skills including communication, sales, research, analytics, and relationship management.

    • Ownership of meaningful projects with tangible business impact.

    • Career development opportunities and exposure to future full-time opportunities within Ryan Specialty.

    Why Ryan S

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