AARP Business Diversification Intern (Summer) Salary in the United States

How much does a Business Diversification Intern (Summer) make at companies like AARP in the United States? The average salary for Business Diversification Intern (Summer) at companies like AARP in the United States is $275,181 as of June 27, 2024, but the range typically falls between $220,170 and $330,192. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities

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What does a Business Diversification Intern (Summer) do at companies like AARP?

Business Unit Description

AARP is a nonprofit, nonpartisan organization, with a membership of nearly 38 million that helps people turn their goals and dreams into 'Real Possibilities' by changing the way America defines aging. With staffed offices in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands, AARP works to strengthen communities and promote the issues that matter most to families such as healthcare security, financial security and personal fulfillment.

AARP Services (ASI) is where AARP’s mission meets the marketplace for the 50+ population, by sparking new solutions that transform the marketplace to improve people’s lives as they age. Founded in 1999 as the professional services arm of AARP, ASI supports the Association’s mission of Disrupt Aging by helping bring new products to drive market innovation and build richer connections with consumers. ASI acts as a bridge, connecting companies to people by helping bring experiences, products and services that matter to them as they move through specific life stages.

Summary

This position will support ongoing efforts to identify diversified revenue efforts and new business models.
This position would work within a matrix environment, including people from Strategy, Corporate Development, Lines of Business, and Research.

Responsibilities

-      Contribute to identifying and evaluating new consumer needs states, business opportunities, as well as product and service solutions. 
-      Contribute to consumer research (qual and quant) including assessing needs, identifying pain points/barriers, ideating value proposition and solutions, and estimating demand
-      Conduct secondary research of industries and marketplaces such as marketplace assessments, mapping of the competitive landscape, understanding of revenue models, and identifying and building the case for ASI’s business model and opportunity
-      Document research outcomes and preparing presentations for senior stakeholders
-      Contribute to the documentation of the business diversification capabilities, including processes, tools, templates and internal communication (common language dictionary and tip sheets)

Requirements

Interns must be currently enrolled in a degree program at an accredited college or university; be considered rising undergraduate juniors or seniors, graduate students, or post-doctoral students; and remain academically enrolled throughout the internship.

AARP also considers non-traditional interns who are looking to re-enter the workforce or change careers. This may include those who have previously graduated from college and enrolled in a continuing education program.
 
-      Requires significant independent judgment, strategic evaluation, assessment, and recommendation, while sorting through a high degree of diverse challenges. Evaluates complex data, concepts, information, and resources and develops working frameworks and detailed solutions. 
-      Works as part of a team but able to manage own work product, with appropriate management check-ins and communication
-      Experience in preparing presentations in PowerPoint
-      Working toward completion of an advanced degree, preferably an MBA in Marketing, Business Management, or a related discipline with 1-2 years of experience in consulting, strategy development, marketing, or product development. Experience in industries covering finance, health, and lifestyle and developing new strategic areas of focus, business models, and working with emerging companies a plus.
-      Results-oriented, decisive, and analytical, leading to creative solutions while managing key stakeholder involvement. 
-      Good communicator (written, presentation) and excellent interpersonal skills. Exhibit a positive, enthusiastic attitude with member focus, while motivating others to lead.

Benefits Offered

Internships are non-exempt positions and are not eligible for employee benefits.

Equal Employment Opportunity

AARP is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture.  AARP does not discriminate on the basis of race, ethnicity, religion, sex, color, national origin, age, sexual orientation, gender identity or expression, mental or physical disability, genetic information, veteran status, or on any other basis prohibited by applicable law.

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$220,170 Low Average $275,181 High $330,192

Understand the total compensation opportunity for Business Diversification Intern (Summer) at companies like AARP, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

$220,170
$330,192
$275,181
The chart shows total cash compensation for the AARP Business Diversification Intern (Summer) in the United States, which includes base, and annual incentives can vary anywhere from $220,170 to $330,192 with an average total cash compensation of $275,181. Total compensation includes the value of any benefits received in addition to your salary and some of the benefits that are most commonly provided within a total compensation package including bonuses, commissions, paid time off, and Insurance. The total cash compensation may get paid differently by industry, location, and other factors.
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