1

Coverage Analyst Jobs in Illinois (NOW HIRING)

This team handles complex first-party property matters at all stages, including pre-suit coverage analysis and litigation. With 40+ years of experience and many offices across the nations with 130 ...

The successful candidate will have substantial experience analyzing complex specialty and commercial insurance coverage issues and advising on high-severity third-party claims. We are looking for a ...

The successful candidate will have substantial experience analyzing complex specialty and commercial insurance coverage issues and advising on high-severity third-party claims. We are looking for a ...

next page

Showing results 1-20

Coverage Analyst information

See Illinois salary details

$30K

$71K

$126K

How much do coverage analyst jobs pay per year?

As of Jul 30, 2026, the average yearly pay for coverage analyst in Illinois is $70,992.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,900.00 and $84,300.00 per year, depending on experience, location, and employer.

What are Coverage Analysts?

Coverage Analysts are professionals who assess, review, and manage insurance policies and programs to ensure that clients have appropriate coverage for their needs. They analyze insurance documents, evaluate risks, and make recommendations for changes or improvements to coverage. Coverage Analysts often work in insurance companies, brokerages, or large organizations, and collaborate with underwriters, clients, and claims specialists to optimize coverage solutions.

What does an insurance analyst do?

An insurance analyst evaluates insurance policies, assesses risk, and determines coverage options for clients or companies. They analyze data, review policy terms, and may use specialized software to ensure accurate risk assessment and compliance. Strong analytical skills and knowledge of insurance regulations are essential for this role.

What is a coverage analyst job description?

A coverage analyst is responsible for reviewing and analyzing insurance policies, claims, or healthcare coverage to ensure accuracy and compliance. They often use specialized software, interpret policy language, and collaborate with clients or providers to resolve coverage issues. Strong attention to detail and knowledge of industry regulations are essential for this role.

What are the key skills and qualifications needed to thrive as a Coverage Analyst, and why are they important?

To thrive as a Coverage Analyst, you need strong analytical skills, attention to detail, and a background in finance, insurance, or a related field—often backed by a relevant degree. Familiarity with insurance policy management systems, data analysis tools like Excel, and sometimes industry certifications such as CPCU are commonly required. Excellent communication, problem-solving abilities, and organizational skills help you effectively interpret policies and interact with clients or underwriters. These skills are crucial for accurately assessing coverage, managing risk, and ensuring compliance within complex insurance environments.

How does a Coverage Analyst typically collaborate with underwriters and other departments to assess risk?

A Coverage Analyst regularly works alongside underwriters to review insurance applications, analyze policy terms, and assess potential exposures. This collaboration often involves discussing risk factors, clarifying policy language, and ensuring that coverage recommendations align with both client needs and company guidelines. Additionally, Coverage Analysts may coordinate with claims, actuarial teams, and legal departments to gather data and resolve complex or unusual cases. Effective communication and teamwork are essential, as these interactions help ensure accurate risk assessments and high-quality service.

Is CRC entry level?

Coverage Analyst roles are often entry-level positions, but requirements can vary by employer. Typically, they require strong attention to detail, good communication skills, and familiarity with insurance or claims processing systems. Some employers may prefer candidates with relevant certifications or experience in the insurance industry.

What is the difference between Coverage Analyst vs Claims Analyst?

AspectCoverage AnalystClaims Analyst
Required CredentialsTypically requires insurance or healthcare certifications, such as CPCU or CPCOften requires insurance or healthcare certifications, such as CPCU or CPC
Work EnvironmentWorks mainly in insurance companies, healthcare providers, or risk management departmentsWorks in insurance companies, healthcare organizations, or claims processing centers
Employer & Industry UsageCommonly employed in insurance and healthcare sectors to assess coverage policiesCommonly employed in insurance and healthcare sectors to process and evaluate claims

While both roles involve insurance and healthcare sectors, a Coverage Analyst primarily evaluates policy coverage and risk, whereas a Claims Analyst focuses on processing and investigating insurance claims. Understanding these differences helps in choosing the right career path or job search focus.

What analyst job pays the most?

Senior-level analyst roles such as Financial Analysts, Data Analysts, and Business Analysts tend to offer the highest salaries, especially with specialized skills, certifications, and experience. In some industries like finance, consulting, or technology, these roles can reach six-figure incomes, particularly with advanced expertise and leadership responsibilities.
Infographic showing various Coverage Analyst job openings in Illinois as of July 2026, with employment types broken down into 100% Full Time. Highlights an 80% In-person, and 20% Remote job distribution, with an average salary of $70,992 per year, or $34.1 per hour.

$65K - $90K/yr

Full-time

Medical, Retirement, PTO

Re-posted 15 days ago


University Of Chicago rating

8.1

Company rating: 8.1 out of 10

Based on 47 frontline employees who took The Breakroom Quiz

153rd of 613 rated colleges and universities


Job description

Department

BSD OCR - CTMS Support Unit


About the Department

The Office of Clinical Research (OCR) is dedicated to supporting the infrastructure for the management and administration of clinical research at The University of Chicago as well as individual research programs with the goal of improving communication, consistency, and collaboration across the Biological Sciences Division and UChicago Medicine.
To mission of the OCR is to catalyze clinical research by providing expertise, resources, infrastructure, and systems that facilitate clinical research operations and enable collaboration across the enterprise while promoting compliance and human subject protection on behalf of our diverse community of patients and volunteers.


Job Summary

The job maintains regulatory compliance programs, including the interpretation of systems to identify areas of risk and may coordinate internal audits. With a moderate level of direction, participates in compliance documentation, compliance training, and compliance committee formation.
The Coverage Analyst is dedicated to ensuring billing compliance for clinical research and supports utilization of the Clinical Trial Management System (CTMS), Oncore. The Coverage Analyst plays a crucial role in evaluating clinical research protocols, informed consent forms, clinical trial budgets, and other pertinent study documents to generate a protocol calendar in the CTMS system and develop coverage analysis/billing grid. The Coverage Analyst specifies which procedures and services may qualify as 'Routine Cost' and be billable to patient insurance, and which should be charged to the study. The Coverage Analyst is responsible for determining whether proposed clinical research studies meet the criteria for a Qualifying Clinical Trial as defined by the Medicare Clinical Trial Policy (NCD 310.1). As a member of the Research Systems & Coverage Analysis (RSCA) Unit, within the Office of Clinical Research, the Coverage Analysts works as part of a team to support and optimize clinical trial initiation and financial workflows, partnering closely with research teams and key stakeholders in the process.

Responsibilities

  • Reviews clinical trial protocols, budgets, contracts, and informed consent documents to inform billing designations.

  • Creates detailed coverage analyses that outline the billing of clinical items and services required by research studies.

  • Develops study calendars within the Clinical Trial Management System, Oncore.

  • Ensures consistency in the application of Medicare and other applicable rules across studies and alignment of study documents with billing regulations.

  • Works collaboratively with key offices, including the Human Research Protection Program and research units, to harmonize regulatory and budgetary processes in clinical trials.

  • Communicates the results of coverage analyses to principal investigators and/or study teams, providing detailed explanations and addressing any questions or concerns.

  • Ensures that coverage analyses outputs are reviewable and auditable for quality and compliance.

  • Recruits, onboards, and trains new clinical research staff to ensure adherence to billing compliance procedures.

  • Coordinates department or clinic compliance with a moderate level of guidance.

  • Prepares, completes and submits all compliance documentation on a routine basis. Coordinates compliance committee meetings.

  • Performs other related work as needed.


Minimum Qualifications

Education:

Minimum requirements include a college or university degree in related field.


Work Experience:

Minimum requirements include knowledge and skills developed through 2-5 years of work experience in a related job discipline.


Certifications:

---

Preferred Qualifications

Education:

  • Bachelor's degree.

Experience:

  • Clinical research experience such as clinical research conduct, regulatory compliance, or related research activities.

  • Coverage analysis experience.

Preferred Competencies

  • Interpret research protocols, budgets, and consent forms to extrapolate billing/coverage information.

  • Problem-solve, leveraging information and expertise available.

  • Strong organizational skills.

  • Manage projects at various stages of completion.

  • Manage high volume of workload and meet deadlines.

  • Demonstrated attention to detail.

Working Conditions

  • Office environment.

Application Documents

  • Resume (required)

  • Cover Letter (preferred)


The University of Chicago uses AI-assisted tools to streamline and augment some recruitment processes; however, AI is not used to make hiring decisions.
When applying, the document(s) MUSTbe uploaded via the My Experience page, in the section titled Application Documents of the application.


Job Family

Legal & Regulatory Affairs


Role Impact

Individual Contributor


Scheduled Weekly Hours

40


Drug Test Required

No


Health Screen Required

No


Motor Vehicle Record Inquiry Required

No


Pay Rate Type

Salary


FLSA Status

Exempt


Pay Range

$65,000.00 - $90,000.00

The included pay rate or range represents the University's good faith estimate of the possible compensation offer for this role at the time of posting.


Benefits Eligible

Yes

The University of Chicago offers a wide range of benefits programs and resources for eligible employees, including health, retirement, and paid time off. Information about the benefit offerings can be found in the Benefits Guidebook.


Posting Statement

The University of Chicago is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender, gender identity, or expression, national or ethnic origin, shared ancestry, age, status as an individual with a disability, military or veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.

Job seekers in need of a reasonable accommodation to complete the application process should call 773-702-5800 or submit a request via Applicant Inquiry Form.

All offers of employment are contingent upon a background check that includes a review of conviction history. A conviction does not automatically preclude University employment. Rather, the University considers conviction information on a case-by-case basis and assesses the nature of the offense, the circumstances surrounding it, the proximity in time of the conviction, and its relevance to the position.

The University of Chicago's Annual Security & Fire Safety Report (Report) provides information about University offices and programs that provide safety support, crime and fire statistics, emergency response and communications plans, and other policies and information. The Report can be accessed online at:http://securityreport.uchicago.edu.Paper copies of the Report are available, upon request, from the University of Chicago Police Department, 850 E. 61st Street, Chicago, IL 60637.


What University Of Chicago employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom