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Insurance Accounting Jobs in Chicago, IL (NOW HIRING)

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Insurance accounting experience required! This role will be responsible for transactional accounting related to premiums, commissions, and losses that feed into statutory reporting. RESPONSIBILITIES:

Senior Accountant - Insurance

Naperville, IL · On-site

$73K - $92K/yr

Insurance & Reinsurance Accounting * Process, analyze, and report Incurred But Not Reported (IBNR) reserves. * Analyze Deferred Acquisition Costs (DAC) and Earned Premium balances. * Perform assumed ...

Senior Accountant - Insurance

Naperville, IL · On-site

$73K - $92K/yr

Insurance & Reinsurance Accounting * Process, analyze, and report Incurred But Not Reported (IBNR) reserves. * Analyze Deferred Acquisition Costs (DAC) and Earned Premium balances. * Perform assumed ...

Senior Accountant - Insurance

Naperville, IL · On-site

$73K - $92K/yr

Insurance & Reinsurance Accounting * Process, analyze, and report Incurred But Not Reported (IBNR) reserves. * Analyze Deferred Acquisition Costs (DAC) and Earned Premium balances. * Perform assumed ...

Lead the accounting function while mentoring a collaborative, high-performing team * Stable, mission-driven fraternal insurance organization with excellent employee retention * Outstanding benefits ...

Property & Casualty insurance accounting experience is a plus * Strong analytical, organizational, and communication skills * Self-starter with the ability to work independently in a deadline-driven ...

Financial Operations Manager

Chicago, IL · Hybrid

$91K - $120K/yr

Insurance accounting or commissions experience (strong plus) * Experience with insurance and accounting software, including one or more of the following: Applied Epic, AMS360, Workday, NetSuite ...

Intermediate Accountant

Naperville, IL · On-site

$70K - $95K/yr

Bachelor's degree in accounting or finance Qualifications: * 1-3 years of Property & Casualty Insurance accounting experience preferred * Necessary computer skills with an emphasis on Excel ...

Bachelor's degree in accounting or finance Qualifications: * 1-3 years of Property & Casualty Insurance accounting experience preferred * Necessary computer skills with an emphasis on Excel ...

Bachelor's degree in accounting or finance Qualifications: * 1-3 years of Property & Casualty Insurance accounting experience preferred * Necessary computer skills with an emphasis on Excel ...

Financial Audit Senior Consultant

Chicago, IL · Remote

$120K/yr

Required 5+ Years related work experience, including health insurance accounting, internal/financial auditing, general accounting, financial reporting, and project management Knowledge Skills and ...

... Insurance Accounting System. This role requires deep expertise in AWS cloud architecture, serverless computing, ETL pipelines, and relational databases , with a strong focus on building resilient ...

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Insurance Accounting information

See Chicago, IL salary details

$45.4K

$98.6K

$142.3K

How much do insurance accounting jobs pay per year?

As of Aug 10, 2026, the average yearly pay for insurance accounting in Chicago, IL is $98,620.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,400.00 and $115,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in insurance accounting?

To thrive in Insurance Accounting, a solid understanding of accounting principles, insurance regulations, and financial analysis is essential, often supported by a degree in accounting or finance. Proficiency with accounting software (such as QuickBooks or SAP), spreadsheet tools, and knowledge of industry-specific systems or certifications (like CPA) is highly valued. Attention to detail, strong analytical thinking, and effective communication are important soft skills for this position. These competencies enable accurate financial reporting, regulatory compliance, and seamless collaboration with other departments, which are critical for success in the insurance sector.

What are the typical daily responsibilities of someone working in insurance accounting?

Professionals in Insurance Accounting are responsible for processing policyholder premiums, managing claims payments, reconciling accounts, and preparing financial statements specific to insurance operations. They also monitor compliance with state and federal insurance regulations, assist with audits, and may support financial forecasting for underwriting decisions. Much of the role involves cross-functional collaboration with claims teams, underwriters, and compliance staff. On a typical day, you can expect to spend time using specialized accounting software, reviewing financial transactions for accuracy, and ensuring all reporting deadlines are met.

What is insurance accounting?

An Insurance Accounting job involves managing the financial records and transactions of an insurance company, ensuring compliance with industry regulations and accounting standards. Professionals in this role handle premium revenues, claims payments, reserves, and financial reporting. They analyze financial data to assess profitability, prepare statements, and collaborate with auditors and regulators. Strong knowledge of insurance regulations, financial analysis, and accounting principles is essential for this role.

What are the most commonly searched types of Insurance Accounting jobs in Chicago, IL? The most popular types of Insurance Accounting jobs in Chicago, IL are:
What are popular job titles related to Insurance Accounting jobs in Chicago, IL? For Insurance Accounting jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Insurance Accounting jobs in Chicago, IL look for? The top searched job categories for Insurance Accounting jobs in Chicago, IL are:
Infographic showing various Insurance Accounting job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 20% Part Time, and 5% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $98,620 per year, or $47.4 per hour.

Interim Senior Insurance Accountant

Brilliant Management Resources - IL

Downers Grove, IL • On-site

$45 - $50/hr

Contractor

Medical, Dental, Vision, Retirement, PTO

Posted 12 days ago

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Job description

Our client, an insurance company, located near Downers Grove, IL (Hybrid role: 3 days in office), is looking for a Senior Insurance Accountant to join their team.


Insurance accounting experience required! 


This role will be responsible for transactional accounting related to premiums, commissions, and losses that feed into statutory reporting.


RESPONSIBILITIES:

  • Reviews and analyzes general ledger transactions and batches by gathering financial data and using appropriate systems
  • Provides back up assistance for daily accounting tasks such as deposits, invoice entry, billing and collections, prepaid and deferred items, or fixed assets
  • Initiates wire and ACH transactions and prepares bank transactions as well as assists in escheat process
  • Reviews and reports on monthly close checklist items within required timeline and provide backup where necessary on close items and is responsible for modifications to the close checklist to support financial statements
  • Manages aspects of the annual audit by working closely with external auditors and staff to complete open item requests


REQUIREMENTS:

  • Bachelor’s degree in Accounting or related field or equivalent experience
  • Experience in troubleshooting and resolving reconciliation, ledger and reporting issues
  • Insurance industry knowledge and a working knowledge of insurance systems preferred
  • Ability to multi-task and learn quickly
  • Attention to detail and organizational skills


If you, or someone you know is interested, please apply today!

Company Description

Brilliant is an award-winning direct-hire, contract and consulting practice specializing in accounting, finance and technology for the Midwest and Southeast regions of the U.S. Many of Brilliant’s team members include former accounting, finance and technology professionals who are experts in the fields.