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Data Science Insurance Jobs in Illinois (NOW HIRING)

State Farm

Data Scientist

Bloomington, IL · On-site

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 ...

Avant

Associate, Data Science, Credit Risk

Chicago, IL · On-site

$95K - $130K/yr

Avant is adding to our Data Science team! We are looking for a self-driven candidate who is ... Choice of great Medical, Dental, and Vision Insurance Plan options * 401(k) match * Flexible Time ...

EPIC Brokers

Lead Insurance Data Scientist

Chicago, IL · On-site

$150/hr

... data from a variety of insurance-related sources. • Perform exploratory data analysis to identify ... Required Qualifications • Bachelor's degree in Computer Science, Mathematics, Actuarial Science ...

Munich Re

Data Scientist, AI

Chicago, IL · On-site +1

... science/predictive analytics experience in (re)insurance or 4 or more years predictive modeling experience in another industry. * Sr. Data Scientist: 4 or more years of data science/predictive ...

Munich Re

Data Scientist, AI

Bloomington, IL · On-site +1

... science/predictive analytics experience in (re)insurance or 4 or more years predictive modeling experience in another industry. * Sr. Data Scientist: 4 or more years of data science/predictive ...

MessageControl

Data Scientist

Chicago, IL · On-site

In this position, your data science expertise will help us build new features and improve our ... Company paid life insurance, short term disability and long term disability. * Flexible paid time ...

MessageControl

Data Scientist

Chicago, IL · On-site

In this position, your data science expertise will help us build new features and improve our ... Company paid life insurance, short term disability and long term disability. * Flexible paid time ...

Launch Consulting

Senior Data Scientist

Chicago, IL · On-site

$140K - $180K/yr

For senior professionals ready to shape the future of AI and Data Science, your next big ... insurance, and matched 401k. We also have an uncapped, take-what-you-need PTO policy. The ...

Independence Pet Group

Lead Data Scientist

Chicago, IL · On-site

... data science and analytical solutions to drive pricing, risk, customer, and operational insights across IPH's pet insurance portfolio. While the role is focused on pet insurance, we value candidates ...

ZS

Advanced Data Science Associate Consultant

Chicago, IL · On-site

$140K - $153K/yr

Master's degree with 3-5 years of relevant post-collegiate work experience in data science * A ... insurance, or related expertise/experience. How you'll grow: * Cross-functional skills development ...

Northern Trust

Sr. Data Scientist

Chicago, IL

$114K - $194K/yr

Plan and execute data science training sessions and hackathonsWork with external parties (vendors ... insurance, and other voluntary and well-being benefits. Northern Trust also provides a ...

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All JobsData Science Insurance JobsData Science Insurance Jobs in Illinois

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 14, 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:
What are popular job titles related to Data Science Insurance jobs in Illinois? For Data Science Insurance jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Data Science Insurance jobs in Illinois look for? The top searched job categories for Data Science Insurance jobs in Illinois are:
Data Science Insurance jobs near you
Data Scientist

Data Scientist

State Farm

Bloomington, IL • On-site

Full-time

Medical, Dental, Vision, Retirement

This job post has expired today. Applications are no longer accepted.

State Farm rating

7.4

Company rating: 7.4 out of 10

Based on 1,522 frontline employees who took The Breakroom Quiz

210th of 281 rated insurance

Job description

Overview
Being good neighbors - helping people, investing in our communities, and making the world a better place - is who we are at State Farm. It is at the core of how we operate and the reason for our success. Come join a #1 team and do some good!
Office Locations: Bloomington, Atlanta, Dallas, Phoenix
HYBRID: Qualified candidates (in or near hub locations listed below) should plan to spend time working from home and some time working in the office as part of our hybrid work environment.
Why Join Our Data Science Team?
At State Farm, we are dedicated to helping our team members develop to their full potential. As a Data Scientist, you have the unique opportunity to develop both professionally & analytically. You will strengthen your communication skills through interactions with technical and non-technical business partners. Our data science teams also embrace staying current with the evolving data science landscape.
**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) or future need for this opportunity.
Responsibilities
State Farm's Rating & Underwriting Modeling Team is seeking Data Scientists to support the growing demand for advanced analytic solutions across the organization. We are looking for talented, motivated individuals who will partner with business areas to help drive results for the enterprise via the development and adoption of analytic solutions.
Applicants for this posting will be considered for Data Scientist openings in:
  • Property & Casualty Actuarial & Underwriting Modeling Department (PCM): 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 consultant. Through this role, you will share your knowledge and work to increase the use of analytics for decision-making across the organization. Below are some of the tasks you can expect in the typical day of a Data Scientist:
  • Develop and validate advanced analytic models
  • Provide input into and/or build datasets to support model development
  • Collaborate with other team members on scoping solutions and project decision points
  • Present on technical topics to peers, leadership, and other stakeholders, including non-technical business partners
  • Lead/mentor other Data Scientists, interns, and other technical work teams
  • Make strategic recommendations on data collection, integration, and retention requirements, incorporating business requirements and knowledge of best practices
  • Serve as a peer reviewer to other model development teams
  • Work on complex problems of diverse scopes
  • Establish and leverage a network of associates with business domain and data expertise
  • Instill a business-oriented mindset that drives the data science & research agenda
  • Build and maintain a relationship with the open-source community by creating and contributing to open-source data science software initiatives

Qualifications
Requirements:
  • Completed Masters or other advanced degrees, in an analytical field such as statistics, mathematics, economics, data science, quantitative marketing, operations research, industrial engineering, etc.
  • Experience building advanced analytic solutions using generalized linear models and at least one of the following: time series analysis, cluster analysis, tree-based algorithms, or neural networks
  • Experience with at least one statistical programming language: SAS, R, and/or Python

Other Things We Look For:
  • Experience with cloud-based environments (e.g., AWS), Linux, and/or SQL
  • Strong communication skills and the ability to manage multiple, diverse stakeholders across business areas and leadership levels

What You Can Expect:
Competitive candidates may be invited to participate in pre-employment testing and/or the interview process. This is where the excitement begins!
**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) or future need for this opportunity.
Our Benefits
Because work-life balance is a priority at State Farm, compensation is based on our standard 38:45-hour work week!
  • Potential starting salary range: $102,000 - $163,000
    • Starting salary will be based on skills, background, and experience
    • High end of the range limited to applicants with significant relevant experience
  • Potential yearly incentive pay up to 15% of base salary

At State Farm, we offer more than just a paycheck. Check out our suite of benefits designed to give you the flexibility you need to take care of you and your family!
  • Get Paid! On top of our competitive pay, you are eligible for an annual raise and bonus.
  • Stay Well! Focus on you and your family's health with our robust health and wellbeing programs. State Farm pays most of your healthcare premium, and we offer multiple healthcare plan options, including a high deductible plan. All medical plans provide 100% coverage for in-network preventative care, AND you and your family have access to vision, dental, telemedicine, 24/7 mental health professionals, and much more!
  • Develop and Grow! Take advantage of educational benefits like industry leading training programs, top-notch tuition assistance programs, employee resource groups, and mentoring.
  • Plan Ahead! Plan for those big moments in life with benefits like fertility/IVF/adoption assistance, college coaching, national discount programs, interactive monthly financial workshops, free financial coaching, and more. You can also start a savings account or consider financing through our State Farm Federal Credit Union!
  • Take a Little "You" Time! You will have access to our generous time off policies designed so you can plan around holidays, family events, volunteering, or just to take a relaxing day off. With the opportunity to initially earn up to 20 days annually plus parental leave, paid holidays, celebration day, life leave (40 hours/year), bereavement leave, and community service/education support days, there will be plenty of time for you!
  • Give Back! We offer several ways to give back through our Matching Gift Program, Good Neighbor Grant Program, and the Employee Assistance Fund.
  • Finish Strong! Plan for retirement using free financial advisors and a 401(k) plan with company contributions of up to 7% of your salary.

Visit our State Farm Careers page for more information on our benefits, locations, and the hiring process of joining the State Farm team!

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