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Entry Level Financial Analyst Jobs in Elgin, IL (NOW HIRING)

Bachelor''s degree in Business, Information Systems, Computer Science, Finance , or a related field ... Analysis, Operations, or a related field. * entry level candidates with relevant projects ...

The Product Strategy Analyst III is an entry-level analytical role that supports the Distribution division by delivering foundational data analysis, reporting, and financial evaluation to inform ...

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Entry Level Financial Analyst information

See Elgin, IL salary details

$13

$27

$53

How much do entry level financial analyst jobs pay per hour?

As of Sep 5, 2026, the average hourly pay for entry level financial analyst in Elgin, IL is $27.45, according to ZipRecruiter salary data. Most workers in this role earn between $18.99 and $29.71 per hour, depending on experience, location, and employer.

What is the job of an entry level financial analyst?

Entry-level financial analysts compile budget and income statement forecasts into reports. In this role, you analyze the information for a business and provide advice on how to improve the financial health of the company. As part of your duties, you may look at investments and stocks and provide information on their performance and how the company could better use their assets. You might also provide information on how to reduce operating costs. The entry-level financial analyst presents these findings to company decision-makers, who may not understand the nuances of accounting. Because of this, you may be required to explain your findings at a basic level.

What are the key skills and qualifications needed to thrive as an entry level financial analyst?

To thrive as an Entry Level Financial Analyst, you generally need a bachelor's degree in finance, accounting, or a related field, along with strong analytical and quantitative skills. Familiarity with Excel, financial modeling software, and sometimes experience with databases or ERP systems are typically required, and pursuing certifications like CFA Level I can be advantageous. Attention to detail, effective communication, and organizational abilities are standout soft skills in this role. These competencies are crucial for delivering accurate financial insights, supporting business decision-making, and ensuring reliable reporting within a fast-paced environment.

What are some common challenges faced by entry level financial analysts during their first year, and how can they overcome them?

Entry-level financial analysts often encounter challenges such as managing large volumes of data, meeting tight deadlines for reports, and quickly learning company-specific financial systems. To overcome these hurdles, it's helpful to actively seek mentorship from senior analysts, participate in training sessions to sharpen technical skills, and stay organized with task lists and calendar reminders. Building strong relationships with colleagues in finance and related departments can also provide valuable support and insight, making the transition smoother and more productive.

What is the difference between Entry Level Financial Analyst vs Financial Associate?

AspectEntry Level Financial AnalystFinancial Associate
Required CredentialsBachelor's in Finance, Economics, or related field; often some internship experienceBachelor's degree in Finance, Accounting, or related field; may require some certification
Work EnvironmentCorporate finance departments, investment firms, or banks; analytical and reporting tasksFinancial services firms, banks, or accounting firms; client-facing and support roles
Employer & Industry UsageCommonly used in finance, banking, and investment industriesUsed across banking, asset management, and financial services sectors

The main difference between an Entry Level Financial Analyst and a Financial Associate lies in their focus and responsibilities. Financial Analysts primarily analyze data, prepare reports, and support investment decisions, while Financial Associates often handle client interactions, support financial transactions, and assist with account management. Both roles require similar educational backgrounds, but their day-to-day tasks and career paths differ slightly, with Analysts more focused on analysis and Associates on client support.

Can I be an entry level financial analyst with no experience?

Entry level financial analyst positions typically require some knowledge of finance, accounting, or related fields, but many employers are willing to consider candidates with little to no professional experience if they demonstrate strong analytical skills, proficiency in Excel, and a willingness to learn. Internships, relevant coursework, or certifications like the CFA Level I can also improve chances of securing such roles. Employers often provide on-the-job training for entry-level candidates.

Is it hard to get hired as an entry level financial analyst?

Getting hired as an entry level financial analyst can be competitive, as employers often seek candidates with a bachelor's degree in finance, accounting, or related fields, along with strong analytical skills and proficiency in tools like Excel or financial modeling. Relevant internships or certifications such as CFA Level I can improve chances, but the hiring process typically involves multiple interviews and assessments. Overall, persistence and a solid understanding of financial principles are important for success in securing an entry level position.

What is an entry-level financial analyst?

An entry-level financial analyst is a professional who supports financial planning, analysis, and reporting within an organization. They typically perform data collection, financial modeling, and assist with budgeting and forecasting using tools like Excel, often requiring a bachelor's degree in finance, accounting, or a related field.

What are the most commonly searched types of Financial Analyst jobs in Elgin, IL?

The most popular types of Financial Analyst jobs in Elgin, IL are:

What are popular job titles related to Entry Level Financial Analyst jobs in Elgin, IL?

For Entry Level Financial Analyst jobs in Elgin, IL, the most frequently searched job titles are:

What job categories do people searching Entry Level Financial Analyst jobs in Elgin, IL look for?

The top searched job categories for Entry Level Financial Analyst jobs in Elgin, IL are:

What cities near Elgin, IL are hiring for Entry Level Financial Analyst jobs?

Cities near Elgin, IL with the most Entry Level Financial Analyst job openings:

Infographic showing various Entry Level Financial Analyst job openings in Elgin, IL as of August 2026, with employment types broken down into 80% Full Time, 16% Part Time, 2% Temporary, and 2% Contract. Highlights an 86% Physical, 3% Hybrid, and 11% Remote job distribution, with an average salary of $57,098 per year, or $27.5 per hour.

Sr Ability Analyst - Absence Management

The Hartford

Naperville, IL • On-site, Remote

$48K - $72K/yr

Full-time

Posted 24 days ago


Key responsibilities

  • Investigate and manage short-term disability and absence claims by gathering and evaluating information from claimants, employers, and medical providers.

  • Analyze medical, vocational, financial, and claim-related information to support accurate initial and ongoing benefit determinations.

  • Guide customers through the disability and recovery process, focusing on functional abilities, clear expectations, and supportive communication.


The Hartford rating

8.8

Company rating: 8.8 out of 10

Based on 122 frontline employees who took The Breakroom Quiz

57th of 315 rated insurance


Job description

Sr Ability Analyst - C409ANAbility Specialist - C409BN

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 achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.

Do you enjoy helping people? Then you belong here. We currently have an excellent claims professional career opportunity available. Join our Short-Term Disability and Absence Management Disability Team.

The Ability Analyst is responsible for investigating and managing short-term disability and absence claims to make timely, accurate, and customerfocused benefit determinations across shortterm disability and absence management programs. This role partners closely with customers, medical providers, employers, and internal stakeholders to evaluate eligibility, support recovery, and facilitate a safe and responsible return to work when appropriate.
Using medical, vocational, financial, and functional information, the Ability Analyst manages claims through initial and ongoing decision points while adhering to corporate claim standards, policies, procedures, and all applicable statutory, regulatory, and ethical requirements. Claim complexity may vary based on experience and business needs and may include working with customers experiencing behavioral health conditions, complex medical diagnoses, or terminal illness.
The Ability Analyst supports the organization's mission of helping customers rebuild their lives after an unexpected illness or event by delivering empathetic service, sound decisionmaking, and consistent claim management throughout the short-term disability lifecycle.

Work Arrangement:

This role can have a Hybrid or Remote work schedule. Candidates who live near one of our office locations (Hartford, CT, San Antonio, TX, Lake Mary, FL, Scottsdale, AZ, Naperville, IL, Alpharetta, GA and Sunrise, FL) will have the expectation of working in an office 3 days a week (Tuesday through Thursday). Candidates who do not live near an office will have a remote work schedule, with the expectation of coming into an office as business needs arise.

Start Date:

October 19th, 2026

Training Hours: Core business hours M-F

Length of Training: Stag week + 6 weeks of training= 7 weeks total

Work Hours After Training: Core business hours

Responsibilities:

  • Investigate and manage shortterm disability and absence claims by gathering and evaluating information from claimants, employers, and medical providers.
  • Analyze medical, vocational, financial, and claimrelated information to support accurate initial and ongoing benefit determinations.
  • Guide customers through the disability and recovery process, focusing on functional abilities, clear expectations, and supportive communication.
  • Maintain professional written and verbal communications with internal and external partners to deliver timely, customercentered outcomes.
  • Apply critical thinking, sound judgment, and analytical reasoning to assess risk, resolve issues, and make consistent claim decisions.
  • Collaborate effectively in a fastpaced, teambased environment to retrieve, evaluate, and relay claimrelated information.
  • Leverage technology responsibly to manage claims efficiently, understand the role of technology while applying appropriate judgement, remain aware of potential risks, and support quality outcomes.
  • Demonstrate empathy and emotional intelligence when navigating difficult conversations and complex situations.
  • Adapt to change, learn new concepts and tools, and support continuous improvement in an evolving business environment.
  • Understand how claim decisions interact with other benefit programs to anticipate customer needs and provide accurate guidance.

Qualifications:

  • High School Diploma or GED required; Associate or Bachelor's degree preferred but not required.
  • 2+ years of customer service experience preferred but not required.
  • Medical, clinical, or vocational background is a plus but not required.
  • Proficiency with Microsoft Office and the ability to navigate multiple systems simultaneously.
  • Strong time management and organizational skills, with the ability to manage competing priorities.
  • Ability work effectively in a structured, inclusive, and collaborative team environment.

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$48,071 - $72,107

The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.

Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

About Us|Our Culture | What It's Like to Work Here | Perks & Benefits


What The Hartford employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


Hartford logo

About Hartford

Sourced by ZipRecruiter

Hartford Financial Services Group, widely recognized as The Hartford, is a renowned company based in Hartford, CT, US. Established in 1810, it has evolved into an industry leader in the insurance and financial services sector, proudly serving more than one million businesses in the US. The Hartford is committed to offering a gamut of insurance products that include homeowners, automobile, and business insurance as well as employee benefits and mutual funds. The company’s core values revolve around customer-focused innovations, diversity and inclusion, and ethical dealings that have earned them a customer-centric reputation. This shapes their mission which revolves around aiding their clients to overcome unforeseen obstacles and enhancing their wealth over time. Among the company's noted accomplishments is being consistently listed among the World's Most Ethical Companies, a testament to their unwavering commitment towards responsible business practices.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Hartford, CT, US

Year founded

1810

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