ZipRecruiter

Log In

1

Associate Forecasting Analyst Jobs in Normal, IL

MORTON INDUSTRIES

Buyer

Morton, IL · On-site

Analyze steel usage patterns and forecast future needs to optimize inventory levels and minimize ... Associate's degree in business administration, Supply Chain Management, or 3+ years' experience in ...

Morton Industries

Buyer

Morton, IL · On-site

$60K - $95K/yr

Analyze steel usage patterns and forecast future needs to optimize inventory levels and minimize ... Associate's degree in business administration, Supply Chain Management, or 3+ years' experience in ...

Fairlawn

Regional Maintenance Manager

Bloomington, IL · On-site

$85K - $105K/yr

Analyze KPIs (e.g. work order completion time, unit turn times, repeat repairs) to identify and ... Have an Associates or Bachelor's Degree in Construction Management, Facilities Management or ...

All JobsAssociate Forecasting Analyst JobsAssociate Forecasting Analyst Jobs in Normal, IL

Associate Forecasting Analyst information

See Normal, IL salary details

$28.4K

$72K

$122.7K

How much do associate forecasting analyst jobs pay per year?

As of Aug 21, 2026, the average yearly pay for associate forecasting analyst in Normal, IL is $72,009.00, according to ZipRecruiter salary data. Most workers in this role earn between $54,700.00 and $79,700.00 per year, depending on experience, location, and employer.

What does an associate forecasting analyst do?

An Associate Forecasting Analyst is responsible for collecting and analyzing data to predict future trends in areas such as sales, inventory, or customer demand. They work closely with senior analysts and other departments to develop models that support business planning and decision-making. Their tasks often include preparing reports, maintaining forecasting tools, and making recommendations to improve accuracy and efficiency. The role typically requires strong analytical skills, attention to detail, and proficiency with statistical software.

What are some common challenges faced by associate forecasting analysts, and how can they effectively address them?

Associate Forecasting Analysts often encounter challenges such as managing incomplete or inconsistent data, adapting to rapidly changing market conditions, and balancing multiple projects with tight deadlines. To address these challenges, it's important to communicate proactively with cross-functional teams, leverage advanced analytical tools, and stay updated on industry trends. Developing strong collaboration skills and being detail-oriented can help ensure forecasts are both accurate and actionable, which is highly valued by employers.

What are the key skills and qualifications needed to thrive as an associate forecasting analyst, and why are they important?

To thrive as an Associate Forecasting Analyst, you need strong analytical skills, proficiency in statistics, and a bachelor's degree in finance, mathematics, economics, or a related field. Familiarity with forecasting software, Excel, SQL, and statistical tools like R or Python is typically required. Attention to detail, effective communication, and the ability to solve problems collaboratively are standout soft skills for this role. These competencies ensure accurate predictions, data-driven decision-making, and successful cross-functional teamwork in dynamic business environments.

What is the difference between Associate Forecasting Analyst vs Data Analyst?

AspectAssociate Forecasting AnalystData Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; some roles may prefer certifications in data analysis or forecastingBachelor's degree in statistics, mathematics, computer science, or related field; certifications like Microsoft Excel or SQL are common
Work EnvironmentFinancial or business analytics teams, often in corporate or consulting settingsData-focused teams across various industries, including finance, healthcare, and marketing
Employer & Industry UsageFinancial institutions, consulting firms, corporate finance departmentsVarious industries including finance, healthcare, marketing, and technology

The Associate Forecasting Analyst primarily focuses on developing financial and business forecasts using statistical models, while Data Analysts handle broader data collection, analysis, and reporting tasks. Both roles require strong analytical skills and familiarity with data tools, but the Forecasting Analyst specializes more in predictive modeling within finance or business contexts.

What are popular job titles related to Associate Forecasting Analyst jobs in Normal, IL?

For Associate Forecasting Analyst jobs in Normal, IL, the most frequently searched job titles are:

Associate Forecasting Analyst jobs near you
Infographic showing various Associate Forecasting Analyst job openings in Normal, IL as of June 2026, with employment types broken down into 1% As Needed, 96% Full Time, 2% Contract, and 1% Nights. Highlights an 86% Physical, 4% Hybrid, and 10% Remote job distribution, with an average salary of $72,009 per year, or $34.6 per hour.

Summer 2027 Intern - P&C Actuarial - Actuarial Analyst

State Farm

Bloomington, IL • On-site

$30/hr

Temporary, Internship

Life, Retirement

Posted 19 days ago

State Farm rating

7.3

Company rating: 7.3 out of 10

Based on 1,557 frontline employees who took The Breakroom Quiz

239th of 311 rated insurance

Job description

Overview
As a Fortune 50 company, we hire the best employees to serve our customers, making us a leader in the insurance and financial services industry. State Farm embraces diversity and inclusion to ensure a workforce that is engaged, builds on the strengths and talents of all associates, and creates a Good Neighbor culture.
10-week Internship Dates and Hours:
  • Summer 2027- Wednesday, 6/2/2027 - Wednesday, 8/11/2027
  • Monday - Friday: 38.75 hours per week

Pay:
  • $30/hour (+ an additional dollar per hour for each Actuarial exam passed). In addition, interns selected for our summer internship program will be eligible for a $2,000 stipend!

Job Description
Office Location: Bloomington, IL
Hybrid Work Arrangement: In this position, you should plan to spend time working in the office a minimum of 3 days per week. Associates are expected to be able to travel to and from your assigned office location as part of a hybrid work arrangement. Work arrangements could change over time based on business need. Your leadership will share additional information regarding your department's approach and what it means for you.
*****Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunity*****
Grow Your Skills, Grow Your Potential
Responsibilities
A Day In The Life Of An Intern - P&C Actuarial
State Farm's P&C Actuarial Department is a place where interns complete innovative and meaningful project work in a collaborative environment, focused on developing technical and business skills - a perfect complement to the classroom. Interns provide analysis and solutions through:
  • Assessment of risk and financial needs for insurance products
  • Development of innovative methods and applications to enhance insurance product pricing
  • Data mining and predictive modeling such as regression, forecasting, and machine learning
  • Research on emerging industry trends and hot topics
  • Development through extensive training and mentoring programs
  • Competitive compensation

Qualifications
We Are Looking for College Students With:
  • Majors in Actuarial Science, Math, Statistics, Data Science, Computer Science, Information Management, or other analytical fields
  • GPA of 3.5 or higher preferred; GPA of 3.25 minimum (unofficial transcripts required with application)
  • Experience with data and statistical analysis in Excel, SQL, R, and/or Python
  • Strong communication, interpersonal, organization, problem-solving, and critical thinking skills
  • Successful completion of at least one Society of Actuaries or Casualty Actuarial Society actuarial exam with intention to earn the ACAS/FCAS designation

Additional Details:
This opportunity is for current college students who have the following:
  • At least one semester of college remaining after the summer of 2027
  • The desire to work for State Farm upon graduation
  • Are eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunity

IMPORTANT: The following must be attached at the time of application (please attach both of the following as one combined single document and upload during the application process):
  • Resume
  • Transcripts (unofficial copy accepted)

What's In It For You
  • Real-world actuarial experience with meaningful impact
  • Competitive pay and financial incentives for actuarial exam completion
  • Opportunities to work with cutting edge technologies and business models
  • A learning culture that includes mentoring and training
  • A company that embraces Diversity and Inclusion: We are one team and it is simply the right thing to do!

Get your resume and unofficial transcript ready and apply today!
Our Benefits
We are excited to offer our interns a tailored set of benefits with a range of valuable perks to help support you during your time with us!
Time Off
  • 40 hours of Life Leave
  • Military Leave

Financial Benefits
  • 401(K) Savings Plan (Eligible at age 18)
  • Mutual Funds (Eligible at age 18)
  • Commuter Benefits

Miscellaneous Benefits
  • Wellness programs
  • US Discount program
  • Good Neighbor Grant program
  • Matching Gift program
  • Employee Assistance Fund
  • Company Holidays

What State Farm employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply