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Data Science Insurance Jobs in Illinois (NOW HIRING)

Benefits include medical insurance, retirement plan, PTO, etc. Salary: 80K+ DOE. Keywords: Chicago IL Jobs, Data Science Developer, Python Scripting, Perl, SQL, Postgres, MySQL, JavaScript MVC ...

Director of Data Science

Chicago, IL · On-site +1

$153K - $229K/yr

Dir Data Science - GD06AE We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to ...

Master's or PhD degree in statistics, applied mathematics, financial mathematics, computer science ... Familiarity with credit bureau data and solutions. * Work experience in industries served by ...

Data Scientist - Insurance

Chicago, IL · On-site

$88K - $141K/yr

Master's or PhD degree in statistics, applied mathematics, financial mathematics, computer science ... Familiarity with credit bureau data and solutions. * Work experience in industries served by ...

Master's or PhD degree in statistics, applied mathematics, financial mathematics, computer science ... Familiarity with credit bureau data and solutions. * Work experience in industries served by ...

Data Scientist - Insurance

Chicago, IL · On-site

$88K - $141K/yr

Master's or PhD degree in statistics, applied mathematics, financial mathematics, computer science ... Familiarity with credit bureau data and solutions. * Work experience in industries served by ...

Experience with gathering and interpreting business requirements for designing and scalable data science solutions in a regulatory environment (including but not limited to insurance, healthcare, and ...

Experience with gathering and interpreting business requirements for designing and scalable data science solutions in a regulatory environment (including but not limited to insurance, healthcare, and ...

Develops models that support State Farm's insurance pricing and underwriting decisions Data Science at State Farm : As a Data Scientist at State Farm, you will serve as a subject matter expert and ...

Develops models that support State Farm's insurance pricing and underwriting decisions Data Science at State Farm : As a Data Scientist at State Farm, you will serve as a subject matter expert and ...

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Showing results 1-20

Data Science Insurance information

See Illinois salary details

$20.2K

$95.1K

$179.4K

How much do data science insurance jobs pay per year?

As of Jul 13, 2026, the average yearly pay for data science insurance in Illinois is $95,124.00, according to ZipRecruiter salary data. Most workers in this role earn between $45,628.00 and $135,131.00 per year, depending on experience, location, and employer.

What is a Data Science Insurance job?

A Data Science Insurance job involves using data analytics, machine learning, and statistical modeling to assess risks, detect fraud, optimize pricing, and enhance customer experience in the insurance industry. Professionals in this role analyze large datasets to identify patterns and trends that help insurers make data-driven decisions. They work with actuarial teams, underwriters, and claims departments to improve risk assessment and operational efficiency. This role requires expertise in programming languages like Python or R, as well as proficiency in data visualization, predictive modeling, and big data processing.

What are some common challenges faced by data scientists working in the insurance industry?

Data scientists in the insurance sector often encounter challenges like working with large, complex, and sometimes incomplete datasets, as well as navigating strict regulatory frameworks. Balancing the need for highly accurate predictive models with the business's risk appetite and operational constraints is a key aspect of the job. Additionally, there's a strong emphasis on explaining complex analytical findings to non-technical stakeholders such as underwriters, actuaries, or business managers. These challenges foster collaborative problem-solving and help data science professionals sharpen both their technical and communication skills in a real-world environment.

What are the key skills and qualifications needed to thrive in the Data Science Insurance position, and why are they important?

To thrive in Data Science Insurance, you need strong analytical skills, proficiency in statistical modeling, and a solid foundation in mathematics and insurance principles, often supported by a degree in data science or actuarial science. Experience with programming languages like Python or R, data visualization tools, and knowledge of insurance-specific software or relevant certifications like ACAS or CSPA are highly valued. Excellent problem-solving abilities, attention to detail, and clear communication skills are essential for translating complex data into actionable insights for diverse teams. These competencies enable professionals to accurately assess risk, improve decision-making, and drive innovation within insurance organizations.

What are the most commonly searched types of Data Science Insurance jobs in Illinois? The most popular types of Data Science Insurance jobs in Illinois are:
Data Science Developer

Data Science Developer

Next Step Systems

Chicago, IL • On-site

Full-time

Medical, Retirement, PTO

Re-posted 6 days ago


Job description

Data Science Developer, Chicago, IL
We are seeking a talented Data Science Developer candidate to contribute to the enhancement of an automated trading system. This critical role combines elements of large-scale data management, algorithm implementation and process management. The successful Data Science Developer must be a team player, have the ability to build scalable processes, and have effective problem-solving and communication skills.
Responsibilities:
- Develop processes to collect and analyze data for automated trading systems.
- Define and implement new procedures as needed for data collection and analysis.
- Improve process for requesting, parsing, and storing external data from multiple sources.
- Support and enhance web applications.
- Support the financial engineers with their data and script writing requirements.
- Develop standardized interfaces between data and trading systems.
- Develop and maintain documentation and standards.
- Identify, track, and maintain metrics for trading system operations.
- Identify and respond to system incidents and problems, including performing troubleshooting.
procedures and escalating as necessary.
- Select and implement software tools to support execution and management of procedures.
- Work with colleagues to identify and develop opportunities to enhance and improve trading system.
procedures.
Qualifications:
- BS/BA degree required. (Coursework in Statistics, Finance, or Computer Science preferred.)
- 3+ years of relevant Python scripting experience.
- 2+years of relevant work experience in financial markets.
- Strong database knowledge; SQL, Postgres, MySQL, etc.
- Linux experience required.
- Experience with Perl preferred.
- Experience with a Python web framework (e.g., bottle, flask) preferred.
- Experience with a JavaScript MVC framework (e.g., backbone, angular) preferred.
- Experience with Hadoop preferred.
- Highly detail-oriented and well-organized.
- Able to multi-task and work under pressure.
- Capable of building scalable and robust processes.
Benefits include medical insurance, retirement plan, PTO, etc. Salary: 80K+ DOE. Keywords: Chicago IL Jobs, Data Science Developer, Python Scripting, Perl, SQL, Postgres, MySQL, JavaScript MVC Framework, Hadoop, Software Engineer, Software Developer, Programming, Programmer Analyst, Financial, Trading, Chicago Recruiters, IT Jobs, Chicago Recruiting
Company Will Sponsor Visas!
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We help companies that are looking to hire Data Science Developers candidate for jobs in Chicago IL and in other cities too. Please contact our IT recruiting agencies and IT staffing companies today! Phone 630-428-0600 ext. 11 or email us at jobs@nextstepsystems.com. Click here to submit your resume for this job and others.
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