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Biotech Associate Jobs in Chicago, IL (NOW HIRING)

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Biotech Associate information

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How much do biotech associate jobs pay per hour?

As of Sep 12, 2026, the average hourly pay for biotech associate in Chicago, IL is $20.48, according to ZipRecruiter salary data. Most workers in this role earn between $15.38 and $21.30 per hour, depending on experience, location, and employer.

What is a biotech associate?

Biotech Associates are professionals who support scientific research, development, and production in biotechnology companies or laboratories. They typically assist in conducting experiments, analyzing data, preparing samples, and maintaining laboratory equipment. Their work helps develop new products or processes in areas like pharmaceuticals, agriculture, and environmental science. Biotech Associates often have a background in biology, chemistry, or related fields and work under the supervision of scientists or senior researchers.

What are the key skills and qualifications needed to thrive as a biotech associate?

To thrive as a Biotech Associate, you need a solid background in biology, chemistry, or a related field, usually supported by a bachelor's or master's degree. Familiarity with laboratory techniques, data analysis software, and compliance with regulatory standards like GLP or GMP is essential. Strong attention to detail, problem-solving abilities, and effective teamwork are standout soft skills in this position. These skills ensure accurate experimental results, regulatory compliance, and efficient collaboration in fast-paced research environments.

What are some typical challenges faced by biotech associates when working in a laboratory setting?

Biotech Associates often encounter challenges such as troubleshooting complex experiments, maintaining strict adherence to safety protocols, and managing multiple projects simultaneously. Working with sensitive biological materials requires attention to detail and the ability to quickly adapt to unexpected results or equipment malfunctions. Collaboration with scientists and cross-functional teams is frequent, so strong communication skills are essential to ensure experiments are aligned with broader research goals.

What is the difference between Biotech Associate vs Laboratory Technician?

AspectBiotech AssociateLaboratory Technician
Required CredentialsBachelor's degree in biology, biotech, or related field; some roles may require experienceAssociate's degree or relevant certification; less emphasis on advanced degrees
Work EnvironmentResearch labs, biotech companies, pharmaceutical firmsAcademic labs, industrial labs, healthcare facilities
Employer & Industry UsageBiotech firms, pharmaceutical companies, research institutionsHospitals, research labs, manufacturing plants
Common Search & ComparisonYesNo

The main difference between a Biotech Associate and a Laboratory Technician lies in their educational requirements and work scope. Biotech Associates typically hold a bachelor's degree and engage in research and development activities within biotech companies or research institutions. Laboratory Technicians often have an associate's degree and focus on routine lab tasks, testing, and sample processing. Both roles are essential in laboratory settings but differ in responsibilities and qualifications.

What are the most commonly searched types of Biotech jobs in Chicago, IL?

The most popular types of Biotech jobs in Chicago, IL are:

What are popular job titles related to Biotech Associate jobs in Chicago, IL?

For Biotech Associate jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Biotech Associate jobs in Chicago, IL look for?

The top searched job categories for Biotech Associate jobs in Chicago, IL are:

Biotech Associate jobs near you
Infographic showing various Biotech Associate job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 67% Full Time, 29% Part Time, 1% Temporary, 1% Contract, and 1% Nights. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $42,631 per year, or $20.5 per hour.

Investment Banking Associate - Biotechnology

Chicago, IL • On-site

William Blair
1 - 5K employees
Learn more about William Blairexternal

Full-time

Re-posted 26 days ago

Job description

Execute in-depth analyses to support new business development, transaction execution and the delivery of investment banking products and services to clients and prospects. Perform extensive research and financial modeling, apply valuation methods, and complete due diligence activities. Work closely with client staff to advance projects, gathering necessary information, conveying complex financial modeling outcomes and presenting analysis results. Provide training and mentorship to less experienced staff.
Responsibilities include but may not be limited to:

  • Perform extensive financial/valuation analyses to value debt and equity for mergers, acquisitions and capital raising transactions. Utilize creative approaches to analyses that illustrate key concepts/messages. Carefully review and provide guidance to Analysts' work.
  • Build advanced financial models to value potential and actual clients and/or industries, leveraging broad understanding of valuation and broad finance/accounting topics. Demonstrate thorough knowledge of multiple client sectors. Assimilate information to perform insightful analyses.
  • Lead due diligence, research, analysis and documentation of potential and live transactions. Anticipate potential deal issues and pass concerns through to team members in real time.
  • Actively participates in presentation development and hypothesis testing to highlight financial analysis and research results.
  • Develop, produce and deliver proposals and presentations to clients and prospects, which exhibit broad knowledge of IB product solutions and underlying components. Engage, with analysts, in the development of marketing materials that highlight the competitive advantage of William Blair.
  • Actively participate in client meetings and drafting sessions.
  • Research and expand expertise of industries and/or sectors. Leverage knowledge to target certain clients or industries. Monitor key industry drivers. Offer insights into business trends in sector to facilitate processes. Evaluate and improve BIC content.
  • Identify improvements to processes and propose solutions to complete tasks more efficiently.
  • Take ownership of client relationships. Foster effective dialogue with finance and accounting staffs to facilitate processes. Anticipate needs and challenges and provide seamless solutions.
  • Demonstrate an understanding of macro factors related to client industry, investment banking products and potential implications.
  • Act as "on the job" trainer for analysts, providing constructive feedback. Focus on improving the quality of analyst and summer intern work product. Ensure senior team knows the valuable contributions of all team members.
  • Ensure all activities are in compliance with applicable rules, regulations, policies and procedures.
  • Additional responsibilities as requested.


Qualifications:

  • Bachelor's Degree required
  • Prior investment banking experience required; 1+ years as an Investment Banking Associate covering biopharma strongly preferred 
  • Science background or prior experience working in biotechnology and/or related life sciences industry and/or life sciences consulting preferred
  • Internship or prior work experience in financial services industry preferred
  • SIE Exam, Series 79, and Series 63 must be acquired within 150 days of employment (for US only)
  • Detail oriented with strong analytical abilities
  • Excellent mathematical, writing, verbal and computer skills
  • Ability to adapt to new tasks with little notice
  • Ability to manage expectations of senior bankers while working on multiple projects simultaneously
  • Effective leadership and coaching skills
  • Strong desire to win
  • Sound judgement
  • Deep, sophisticated understanding of accounting and finance
  • Commitment to satisfying internal and external customers
  • Travel required: approximately 10% to 30%
  • Willing to join our offices in Chicago or New York

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