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Finance And Insurance Jobs in Springfield, IL (NOW HIRING)

Insurance Underwriter

Springfield, IL · On-site

$100K - $300K/yr

Required: • Bachelors in Economics, Finance, Insurance, Risk Management, Business Administration, or similar field. • 2+ years of Excess - Umbrella, Excess & Surplus, Commercial, or similar ...

Finance Director

Springfield, IL · On-site

$175K - $215K/yr

The Finance Director plays a critical role in mergers and acquisitions, capital planning, captive insurance modeling, real estate financial management, and enterprise-wide budgeting and forecasting.

The Finance Director plays a critical role in mergers and acquisitions, capital planning, captive insurance modeling, real estate financial management, and enterprise-wide budgeting and forecasting.

We help educators identify their financial goals and develop plans to achieve them. This includes insurance to protect what they have today and financial products to help them prepare for their ...

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Outside Sales Auto Sales Warranty Sales F&I (Finance & Insurance) Vehicle Service Contracts (VSC) Industry If you've established relationships or networks within the automotive industry, this ...

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Finance And Insurance information

See Springfield, IL salary details

$24.8K

$97.2K

$169.5K

How much do finance and insurance jobs pay per year?

As of Jul 28, 2026, the average yearly pay for finance and insurance in Springfield, IL is $97,230.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,300.00 and $111,500.00 per year, depending on experience, location, and employer.

What's the highest paying job in insurance?

In insurance, senior executive roles such as Chief Underwriting Officer or Chief Risk Officer tend to be the highest paying positions, often earning six-figure salaries or more. These roles require extensive industry experience, advanced certifications, and strong leadership skills, and they oversee large teams and strategic decision-making within insurance companies.

What is the highest paying finance job?

The highest paying finance jobs are typically executive roles such as Chief Financial Officer (CFO) or private equity partners, with salaries often exceeding several hundred thousand dollars annually, especially in large corporations. These roles require extensive experience, advanced financial skills, and often involve managing large teams or investment portfolios.

What do finance people do in insurance?

Finance professionals in insurance analyze financial data, develop pricing models, and assess risk to help determine policy premiums and reserves. They often use financial software and require knowledge of accounting, actuarial principles, and regulatory standards to support the company's financial stability and profitability.

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

To thrive in Finance and Insurance, you need strong analytical skills, financial acumen, and a relevant degree such as finance, economics, or business administration. Familiarity with financial modeling software, CRM systems, and certifications like CFA or CPCU are often expected. Excellent communication, attention to detail, and problem-solving abilities help professionals build trust and navigate complex client needs. These skills are essential for assessing risk, making sound financial decisions, and maintaining regulatory compliance in a highly competitive industry.

What are some common challenges faced by professionals in Finance and Insurance, and how can they be managed effectively?

Professionals in Finance and Insurance often face challenges such as keeping up with rapidly changing regulations, managing client expectations, and navigating complex financial products. Successfully managing these challenges requires continuous learning, strong analytical skills, and clear communication with clients and team members. Many organizations offer ongoing training and encourage collaboration within teams to stay updated and develop effective solutions, helping employees adapt and thrive in this dynamic environment.

What is the difference between Finance And Insurance vs Loan Officer?

AspectFinance And InsuranceLoan Officer
CredentialsTypically requires a license or certification in insurance or financeRequires mortgage or loan originator license
Work EnvironmentDealerships, banks, insurance agenciesBanks, credit unions, mortgage companies
Industry UsageUsed across automotive, real estate, banking sectorsPrimarily in banking and real estate
Search/Comparison IntentUnderstanding roles in finance and insurance salesComparing loan origination and approval processes

Finance And Insurance professionals focus on selling financial products and insurance policies, often within dealerships or banks. Loan Officers primarily assist clients in obtaining loans, such as mortgages or auto loans. While both roles involve financial services, their specific functions, credentials, and work environments differ, making each distinct in the financial industry.

What Are Jobs in the Finance and Insurance Department?

In the retail automotive sales industry, the finance and insurance (F&I) department consists of numerous professionals who assist the dealer by drawing up the final paperwork or contract for a sale. As an F&I officer, you also discuss financing and auto insurance options that you offer and attempt to sell them on extended warranties, GAP plans, financial products, and other add-ons. There are numerous positions with the department, so duties can vary. For example, the F&I manager’s responsibilities include drawing up the contract and completing the sale. You can also be an insurance officer, credit officer, or an F&I assistant.

Can you work in insurance with a finance degree?

Yes, a finance degree can qualify you for insurance roles such as insurance analyst, underwriter, or claims adjuster. These positions often require knowledge of financial principles, risk assessment, and may benefit from certifications like CPCU or LIC, along with strong analytical skills. Many insurance companies value finance backgrounds for their understanding of financial products and risk management.

What are finance and insurance jobs?

Finance and insurance jobs are roles within industries that manage money, investments, and risk. Finance positions include banking, investment management, financial analysis, and accounting, where professionals help individuals and organizations plan, invest, and safeguard their assets. Insurance jobs focus on assessing risk, selling policies, underwriting, and supporting claims to protect people and businesses against financial loss. Both sectors offer a wide range of career opportunities, from customer service to executive leadership. These roles are essential in providing stability, risk management, and financial growth for clients and organizations.
What are the most commonly searched types of Finance And Insurance jobs in Springfield, IL? The most popular types of Finance And Insurance jobs in Springfield, IL are:
What job categories do people searching Finance And Insurance jobs in Springfield, IL look for? The top searched job categories for Finance And Insurance jobs in Springfield, IL are:
What cities near Springfield, IL are hiring for Finance And Insurance jobs? Cities near Springfield, IL with the most Finance And Insurance job openings:
Infographic showing various Finance And Insurance job openings in Springfield, IL as of July 2026, with employment types broken down into 1% As Needed, 75% Full Time, 20% Part Time, and 4% Contract. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution, with an average salary of $97,230 per year, or $46.7 per hour.
INSURANCE COMPANY FINANCIAL EXAMINER TRAINEE

INSURANCE COMPANY FINANCIAL EXAMINER TRAINEE

State of Illinois

Springfield, IL • On-site

$4.9K - $6.7K/wk

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 9 days ago


State Of Illinois rating

7.9

Company rating: 7.9 out of 10

Based on 74 frontline employees who took The Breakroom Quiz

13th of 50 rated states


Job description

Job Requisition ID: 57633 Opening Date: 07/21/2026Closing Date: 08/04/2026Agency: Department of InsuranceClass Title: INSURANCE CO FINANCIAL EXMNR TRN (21610) Skill Option: None Bilingual Option: NoneSalary: $4,922 - $6,762 (Anticipated starting salary non-state $4,922/CBA Language applies)Job Type: SalariedCategory: Full Time County: SangamonNumber of Vacancies: 1Bargaining Unit Code: RC062 Technical Employees, AFSCMEMerit Comp Code:
This position is a union position; therefore, provisions of the relevant collective bargaining agreement/labor contract apply to the filling of this position.
All applicants who want to be considered for this position MUST apply electronically through the illinois.jobs2web.com website. State of Illinois employees should click the link near the top left to apply through the SuccessFactors employee career portal.
Applications submitted via email or any paper manner (mail, fax, hand delivery) will not be considered.
*Answer all application questions thoroughly. DO NOT STATE "SEE RESUME".*
Why Work for Illinois?
Working with the State of Illinois is a testament to the values of compassion, equity, and dedication that define our state. Whether you're helping to improve schools, protect our natural resources, or support families in need, you're part of something bigger-something that touches the lives of every person who calls Illinois home.
No matter what state career you're looking for, we offer jobs that fit your life and your schedule-flexible jobs that provide the gold standard of benefits. Our employees can take advantage of various avenues to advance their careers and realize their dreams. Our top-tier benefits and great retirement packages can help you build a rewarding career and lasting future with the State of Illinois.
Position Overview
The Department of Insurance is seeking to hire an Insurance Company Financial Examiner Trainee. Under immediate supervision, for a period of up to twelve months, the trainee receives training and is assigned various work assignments to develop the knowledge, understanding, skills and abilities required to conduct financial analysis of assigned insurance companies' financial and non-financial documents to verify a company's financial condition and to determine if all operations are in compliance with the Illinois Insurance Code and applicable laws, rules, regulations and current insurance accounting practices; completes a variety of assignments in the application of auditing and accounting techniques; assists financial analysts and specialists in various aspects of financial analysis; receives instruction in preparing analysis worksheets, documents and reports to document and support findings; completes agency training to develop and enhance knowledge of the analysis process. We invite all qualified applicants to apply.
Essential Functions
• As a financial analyst team member, receives instruction and on-the-job training to learn the proper format and procedures to conduct financial analysis of assigned insurance companies' financial and non-financial documents and records for property and casualty insurance companies.
• Completes a variety of assignments in the application of auditing and accounting techniques, including the analysis of the company's financial and non-financial documents.
• Assists financial analysts and specialists in various aspects of financial analysis such as reviewing financial statements, determining adequacy of premiums, and reviewing a company's policies to develop knowledge, understanding and practical skills.
• Receives instruction in preparing analysis worksheets, documents, and reports to properly document and support findings and to illustrate compliance with agency guidelines.
• Completes agency training assignments or other formal training designed to develop and enhance knowledge of the analysis process, the operations of insurance companies and all applicable law, rules, regulations, and current accounting practices.
• Performs other duties as required or assigned, which are reasonably within the scope of the duties enumerated above.
Minimum Qualifications
• Requires a bachelor's degree with coursework in accounting, business, economics, finance, insurance, information technology, risk management or a closely related field.
Preferred Qualifications
• Prefers elementary knowledge of insurance accounting and auditing theories, methods, standards, and procedures.
• Prefers elementary knowledge of business administration practices as related to insurance companies.
• Prefers elementary knowledge of technology utilized by the insurance industry.
• Prefers ability to successfully complete on-the-job training assignments for the financial analysis of insurance companies.
• Prefers ability to prepare documentation and reports of analysis findings in a logical and concise manner.
• Prefers ability to learn and retain knowledge of the Illinois Insurance Code and all applicable laws, rules, regulations, and current accounting practices the govern the insurance industry.
• Prefers ability to acquire knowledge in the structure, operation, and management of insurance companies.
• Prefers ability to establish effective working relationships with agency staff and insurance company officials and representatives.
• Prefers ability to perform duties in a professional, efficient, and ethical manner and to maintain the confidentiality of the company's information that is obtained during the analysis process.
Conditions of Employment
• Requires the ability to pass a background check.
• The conditions of employment listed here are incorporated and related to any of the job duties as listed in the job description.
About the Agency
The Department of Insurance (DOI) regulates the insurance market in the State of Illinois including, but not limited to, licensing and educating insurance agents, investigating Workers Compensation fraud, and examining the operations and finances of insurance companies domiciled in the state. We are committed to protecting consumers and regulating the insurance industry with innovation and efficiency. DOI has approximately 220 employees who are split between our Chicago and Springfield offices.
State of Illinois employees enjoy a robust benefit package, including:
  • Health, Life, Vision, and Dental Insurance
  • 13 Paid Holidays annually, 14 on even numbered years
  • 10-25 days of Paid Vacation time annually - (10 days in year one of employment)
  • 12 Paid Sick Days annually (sick days carry over from year to year)
  • 12 Weeks Paid Maternity/Paternity Leave
  • 3 Paid Personal Days annually
  • Pension Plan
  • Deferred Compensation Program and other pre-tax benefit programs (Medical/Daycare)
  • Flexible work schedules may be available, dependent upon position
  • Tuition Reimbursement Program and Federal Public Service Loan Forgiveness Program eligibility

Visit https://www2.illinois.gov/cms/benefits/Pages/default.aspx for more information about our benefits.
Work Hours: M-F; 8:00am - 4:30pm
  • Requires the ability to report to the work location during work hours

Headquarter Location: 320 W Washington St, Springfield, Illinois, 62767
Work County: Sangamon
Agency Contact Email: DOI.HR@illinois.gov
Posting Group: Legal, Audit & Compliance
This position DOES NOT contain "Specialized Skills" (as that term is used in CBAs).
APPLICATION INSTRUCTIONS
Use the "Apply" button at the top right or bottom right of this posting to begin the application process.
If you are not already signed in, you will be prompted to do so.
State employees should sign in to the career portal for State of Illinois employees - a link is available at the top left of the Illinois.jobs2web.com homepage in the blue ribbon.
Non-State employees should log in on the using the "View Profile" link in the top right of the Illinois.jobs2web.com homepage in the blue ribbon. If you have never before signed in, you will be prompted to create an account.
If you have questions about how to apply, please see the following resources:
State employees: Log in to the career portal for State employees and review the Internal Candidate Application Job Aid
Non-State employees: on Illinois.jobs2web.com - click "Application Procedures" in the footer of every page of the website.
The main form of communication will be through email. Please check your "junk mail", "spam", or "other" folder for communication(s) regarding any submitted application(s). You may receive emails from the following addresses:
  • donotreply@SIL-P1.ns2cloud.com
  • systems@SIL-P1.ns2cloud.com

What State Of Illinois employees say

Pay

Benefits

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Get the full story on Breakroom


State of Illinois logo

About State of Illinois

Sourced by ZipRecruiter

The State of Illinois is not a traditional company, but rather a governmental entity encompassing diverse agencies and departments that serve the constituents of Illinois. Based in Illinois, United States, this governmental body communicates with its citizens through the official website illinois.gov. The website is a one-stop resource for Illinois residents to access information about the state's services, including education, healthcare, transportation, and public safety, among others.

Company size

11 - 50 Employees

Headquarters location

Springfield, IL, US

Year founded

2009

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