Summer Associate Internship (Product Strategist - Student Loans)

Overview

The Education Lending Products team is responsible for the strategy, growth, profitability, and member experience of Navy Federal's Education Lending portfolio. The team identifies market opportunities, develops product enhancements, manages the product roadmap, and partners across analytics, operations, marketing, compliance, and technology to deliver business results. Using data-driven insights and competitive analysis, the team drives initiatives that improve portfolio performance, member acquisition, retention, and satisfaction. The team also leads strategic planning, business case development, and execution of key initiatives that ensure Education Lending products remain competitive and aligned with member needs and organizational objectives.

The Summer Associate will have the opportunity to develop a business case and strategic recommendation for expanding Navy Federal's Education Lending product offerings through the introduction of new student loan offerings for trade schools, certificate programs, or parent borrowers — including market opportunity, financial impact, competitive positioning, and implementation considerations.

The Summer Associate Program is a 12-week internship program beginning in May 2027 and ending in August 2027. Students will work on impactful projects and meaningful work during their internship. To qualify for this position, applicants must be currently pursuing a degree from an accredited college or university and have an anticipated graduation date of December 2027 or later.

Responsibilities

• Conduct Competitive & Market Research: Monitor competitor offerings, industry trends, and regulatory developments to ensure Education Lending products remain competitive and well-positioned
• Build Business Cases & Recommendations: Translate research and analysis into actionable recommendations, financial assessments, and executive-ready business cases
• Influence Stakeholder Decisions: Present data-driven insights and recommendations to leadership and stakeholders to support strategic decision-making
• Manage Strategic Projects: Lead initiatives from concept through implementation by defining scope, timelines, dependencies, risks, and success measures

Qualifications

• Currently pursuing a graduate degree
• Experience creating presentations, business cases, reports, or recommendations for leadership audiences
• Strong written and verbal communication skills with the ability to influence and collaborate across teams
• Demonstrated ability to manage multiple priorities and deliver results in a fast-paced environment
• Strong analytical and problem-solving skills with the ability to interpret data and identify business opportunities
• Curiosity and desire to learn industry trends, competitive dynamics, member needs, and product strategy concepts
• Ability to work independently while building effective partnerships across cross-functional teams
• Strong organizational and project management skills with attention to detail and follow-through

Desired Qualifications

• Knowledge of product development, consumer lending, financial services, or digital products preferred
• Proficiency with Microsoft Excel, PowerPoint, and other business intelligence or reporting tools

Additional Information

Hours: Monday - Friday, 8:00 AM - 4:30 PM ET

Location: 820 Follin Lane, Vienna, VA 22180

About Us

Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks. Our approach to careers is simple yet powerful: Make our mission your passion.

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