ZipRecruiter

Log In

1

Data Scientist Insurance Jobs in Chicago, IL (NOW HIRING)

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 ...

Bank of Montreal

Principal Data Scientist

Chicago, IL · On-site

$122K - $228K/yr

Collaborates with data scientists and other stakeholders to understand data and modeling needs and ... BMO also offers health insurance, tuition reimbursement, accident and life insurance, and ...

Northern Trust

Sr. Data Scientist

Chicago, IL · On-site

$114K - $194K/yr

Data Science specific graduate work, Finance sector experience or coursework preferred • Acts as ... insurance, and other voluntary and well-being benefits. Northern Trust also provides a ...

NinjaHoldings

Data Scientist

Chicago, IL · On-site +1

$90K - $130K/yr

Use advanced data analytics to understand consumer risk behavior trends, their impact on the ... Health Benefits with generous medical, dental and vision insurance plans * 401(k) with matching ...

BMO Capital Markets

Principal Data Scientist

Chicago, IL · On-site

$122K - $228K/yr

Collaborates with data scientists and other stakeholders to understand data and modeling needs and ... BMO also offers health insurance, tuition reimbursement, accident and life insurance, and ...

NinjaHoldings

Data Scientist

Chicago, IL · On-site +1

$90K - $130K/yr

Use advanced data analytics to understand consumer risk behavior trends, their impact on the ... Health Benefits with generous medical, dental and vision insurance plans * 401(k) with matching ...

Here

Sr Data Scientist

Chicago, IL · On-site

$105 - $149/hr

As a Senior Data Scientist within the Quality and Business Planning team, you are passionate about ... Benefits available to US-based HERE employees include health (Medical/Dental/Vision) insurance ...

HERE Technologies

Sr Data Scientist

Chicago, IL · On-site

$104K - $149K/yr

As a Senior Data Scientist within the Quality and Business Planning team, you are passionate about ... Benefits available to US-based HERE employees include health (Medical/Dental/Vision) insurance ...

HERE Technologies

Sr Data Scientist

Chicago, IL · On-site

$104K - $149K/yr

As a Senior Data Scientist within the Quality and Business Planning team, you are passionate about ... Benefits available to US-based HERE employees include health (Medical/Dental/Vision) insurance ...

HERE Technologies

Sr Data Scientist

Chicago, IL

$104K - $149K/yr

As a Senior Data Scientist within the Quality and Business Planning team, you are passionate about ... Benefits available to US-based HERE employees include health (Medical/Dental/Vision) insurance ...

Ritchie Bros.

Staff Data Scientist

Westchester, IL

About the Role The Staff Data Scientist will play a key role in advancing IAA's Machine Learning ... RB Global full-time employees are offered medical, dental, vision, and basic life insurances.

TransUnion

Staff Data Scientist

Chicago, IL · On-site

... Data Science & Analytics, joining the Financial Services Consulting team. The Financial Services ... You can also opt into a legal plan, pet insurance, and travel accident coverage. For Your Family

TransUnion

Staff Data Scientist

Chicago, IL

... Data Science & Analytics, joining the Financial Services Consulting team. The Financial Services ... You can also opt into alegal plan,pet insurance, andtravel accident coverage. For Your Family

Transunion

Staff Data Scientist

Chicago, IL

... Data Science & Analytics, joining the Financial Services Consulting team. The Financial Services ... You can also opt into alegal plan,pet insurance, andtravel accident coverage. For Your Family

TransUnion

Staff Data Scientist

Chicago, IL · On-site

$113 - $188/hr

... Data Science & Analytics, joining the Financial Services Consulting team. The Financial Services ... You can also opt into a legal plan, pet insurance, and travel accident coverage. * For Your Family:

Brookfield

Sr P&C Data Scientist

Chicago, IL

Apply insurance domain knowledge (e.g., coverage, exposure, underwriting rules, regulatory considerations) in model design, development, interpretation, and business use Modeling & Data Science ...

previous pagenext page

Showing results 21-40

All JobsData Scientist Insurance JobsData Scientist Insurance Jobs in Chicago, IL

Data Scientist Insurance information

See Chicago, IL salary details

$38.6K

$126.4K

$202.4K

How much do data scientist insurance jobs pay per year?

As of Sep 3, 2026, the average yearly pay for data scientist insurance in Chicago, IL is $126,438.00, according to ZipRecruiter salary data. Most workers in this role earn between $101,500.00 and $140,100.00 per year, depending on experience, location, and employer.

What does a data scientist do in the insurance industry?

A Data Scientist in the insurance industry analyzes large volumes of data to identify trends, predict risks, and improve decision-making processes. They use statistical models, machine learning, and data visualization to assess policyholder behavior, detect fraud, and optimize pricing strategies. Their work helps insurance companies create better products, reduce losses, and provide more personalized services to clients.

What are the key skills and qualifications needed to thrive as a data scientist in the insurance industry?

To thrive as a Data Scientist in insurance, you need strong statistical analysis, data modeling, and programming skills, often supported by a degree in computer science, mathematics, or a related field. Familiarity with tools such as Python, R, SQL, SAS, and machine learning frameworks, along with relevant certifications, is typically required. Exceptional problem-solving, communication, and business acumen help translate complex data insights into actionable strategies for underwriting, claims, and risk assessment. These skills are essential for driving data-driven decisions, optimizing processes, and maintaining a competitive edge in the insurance sector.

How do data scientists in the insurance industry typically collaborate with underwriters and actuaries?

Data Scientists in insurance work closely with underwriters and actuaries to develop predictive models, risk assessments, and pricing strategies. Collaboration often involves regular meetings to discuss business requirements, share model outputs, and interpret analytical findings in the context of insurance products. Data Scientists translate complex data insights into actionable recommendations, ensuring that technical solutions align with regulatory standards and business objectives. This teamwork helps optimize decision-making and enhances the accuracy of risk evaluation.

What is the difference between Data Scientist Insurance vs Data Analyst Insurance?

AspectData Scientist InsuranceData Analyst Insurance
Required CredentialsBachelor's or Master's in Data Science, Statistics, or related fields; often some programming skillsBachelor's in Statistics, Mathematics, or related fields; basic data analysis skills
Work EnvironmentDeveloping predictive models, advanced analytics, machine learning projectsData reporting, data cleaning, basic analysis, generating reports
Employer & Industry UsageInsurance companies, tech firms, consulting agenciesInsurance firms, financial institutions, marketing teams

Data Scientist Insurance roles focus on advanced analytics, machine learning, and predictive modeling, requiring stronger technical skills. Data Analyst Insurance positions involve data reporting, basic analysis, and supporting decision-making with less emphasis on complex modeling. Both roles are vital in the insurance industry but differ in technical depth and responsibilities.

What are popular job titles related to Data Scientist Insurance jobs in Chicago, IL?

For Data Scientist Insurance jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Data Scientist Insurance jobs in Chicago, IL look for?

The top searched job categories for Data Scientist Insurance jobs in Chicago, IL are:

Data Scientist Insurance jobs near you
Infographic showing various Data Scientist Insurance job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 73% Full Time, 21% Part Time, and 5% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $126,438 per year, or $60.8 per hour.

Sr. Data Scientist

Northern Trust

Chicago, IL

$114K - $194K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 15 days ago

Northern Trust rating

8.2

Company rating: 8.2 out of 10

Based on 27 frontline employees who took The Breakroom Quiz

Job description

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

Major Duties :Develop software, typically in Python, to independently acquire data from disparate sources (databases, files, APIs, etc.) and combine them into appropriate training , validation and testing datasetsAnalyze raw datasets using descriptive statistics, working directly with domain experts to understand the meaning of data fieldsBuild unit tests, data quality checks and data pipelines to ensure that algorithms use trusted dataDevelop and maintain an understanding of many algorithms across supervised learning, unsupervised learning and time series analysis Propose and develop machine learning ensemble methods that exhibit the best out-of-sample characteristics possible given the input datasetUtilize expertise in machine learning algorithms to tune algorithms using available hyper-parameters and carefully select feature subsetsDiscover biases or leakage in datasets and ensure that train/test splits reflect realistic expectations of real world performanceRun large scale (either in parallel and/or distributed) training and inference jobs on private or public cloud infrastructureMay present findings to internal and external customers using both data science language (F1 scores, regression error, statistical significance, etc.) as well as business domain specific language gained from experience analyzing the data in scope.Provide some guidance to other software development teams as Data Science Lab prototypes are engineered for full production environmentsWork across multiple projects in a fluid environment where work is required across the full research lifecycle from forming a hypothesis, acquiring data, and developing ETL-style software to presenting findings.Plan and execute data science training sessions and hackathonsWork with external parties (vendors, universities, etc.) to incorporate new techniques and tools into the data science labSolves complex problemsTakes a new perspective on existing solutionsExercises judgment based on the analysis of multiple sources of informationImpacts a range of customer, operational, project or service activities within own team and other related teamsWorks within broad guidelines and policiesKnowledge :Python, Common Python libraries (numpy ,pandas, sklearn, etc.), Linux based operating systems, and basic development tools (Python IDEs, source control, etc.) requiredAdvanced distributed machine learning frameworks (e.g. Keras, TF, etc.), Azure cloud infrastructure preferredRequires in-depth conceptual and practical knowledge in own job discipline and basic knowledge of related job disciplinesApplies best practices and how own area integrates with othersExplains difficult or sensitive information; works to build consensusExperience :Computer Science degree (undergraduate or graduate level) and strong statistical background. Data Science specific graduate work, Finance sector experience or coursework preferredActs as a resource for colleagues with less experience;May lead small projects with manageable risks and resource requirements

Salary Range:

$114,500 - 194,700 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve!Join a workplace with a greater purpose.

We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us andapply today.#MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.


We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

What Northern Trust employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply