Product Development Intern (Jun 2024)

About Estee Lauder

Estee Lauder is an American cosmetics company, most known for its Estee Lauder luxury cosmetics alongside 25+ other brands including Bobbi Brown and MAC. It is one of the world's leading cosmetics brands. Estee Lauder is an American company that has its roots in New York City.

Your role

Responsibilities: 

• Gain an understanding of the product development process by working with internal cross-function teams (R&D, Product Marketing, Global Supply Chain, etc.) and third-party manufacturers.
• Learn how to visually present product concepts.
• Learn how to evaluate textures and how to communicate product aesthetics.
• Track and evaluate all new competitive skincare products.
• Track key trends and participate in brainstorming concepts around new techniques.
• Create a trend report for seasonable skincare trends to incorporate into future formulas/programs.
• Assist in preparing competitive formula evaluation charts to help showcase white space opportunities for the brand.
• Assist with preparing samples for evaluations and creative requests.

Training and development

Selected candidates can expect: 

• Ownership of projects instrumental to the business.
• Networking opportunities through various planned events and activities to provide exposure to other facets of the company.
• Mentoring by seasoned executives.
• Partnerships with other departments within the company to gain a greater understanding of their role within the business.

Salary & benefits

The anticipated base salary range for this position is $20.00 - $30.00 per hour, which equates to $42,000 - $63,000 per year.

Internship benefits may include:

• Valuable hands-on experience.
• Networking with beauty experts.
• Mentorship from industry leaders.
• Path to potential full-time roles.
• Competitive intern compensation.
• Learning and skill development.
• Employee product discounts.
• Diverse and inclusive environment.
• Team-building and social events.
• Exposure to iconic beauty brands.

Career progression

A career at Estee Lauder typically starts with an internship, leading to junior roles in various departments such as marketing, sales, or product development. Advancement is based on performance, with opportunities to move up the corporate ladder, potentially reaching mid-level and senior positions in management or specialized areas.

Work-life balance

In keeping with the values upon which The Estée Lauder Companies was founded, ELC aims to assist its employees in living their lives to the fullest at home and work. A core part of this proposition is to ensure it offers compelling and competitive benefits programs that help to meet ELC's diverse and changing environments and to support employees’ needs at all stages of life.

Culture & vibe

Estee Lauder USA fosters a culture of innovation, creativity, and inclusivity. Employees are encouraged to express their unique ideas and collaborate across diverse teams. The company values excellence and customer satisfaction, driving a commitment to quality and luxury in the beauty industry while promoting a supportive and empowering work environment.

About you

To be eligible, you must meet the following criteria: 

• Qualified candidates must have completed their Junior year by the program start (June 2023) and be on track to graduate in May 2024.
• Strong interest in the beauty industry.
• Passionate about cosmetics and beauty.
• Displays willingness to learn.
• Strong problem-solving skills.
• Capable of working in a fast-paced environment.
• Strong organizational skills and attention to detail.
• Strong knowledge of Word, Excel, PowerPoint & Outlook.
• Strong communication skills (written and verbal).

Desired majors:

• Marketing, Product Development, or Art.

Qualifications: 

• Qualified candidates must have completed their Junior year by program start (June 2024) and be on track to graduate in May/June 2025.

How to apply

To apply for this role, click the "Apply on employer site" button below, which navigates to the career page where the application can be submitted directly.

Sources

The following sources were used in researching this page:

• jobs.elcompanies.com.
• youtube.com.