Working in an engineering team environment has all sorts of benefits. After I moved to my next gig, I think I learned more about dev in my first 3 months at product team, than I had in my last 4 years at previous gig, all thanks to simple code reviews and pairing. It's amazing to hear the thought process of other developers and how they would approach a particular problem.
Enjoy it. Learn everything you can, but keep in mind that you're not getting the full picture. Full software product lifecycle might be very different beast than what you're doing right now.