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Insurance Analyst Jobs in Indiana (NOW HIRING)

SIHO Insurance Services

Claims Analyst

Columbus, IN

Claims Analyst Reports To: Supervisor of Claims This is a non-exempt position responsible for reviewing, analyzing, and adjudicating non-routine health claims that could not be system adjudicated for ...

Allied Solutions LLC

Insurance Processor

Carmel, IN · On-site

Analyze, and accurately enter auto property and causality insurance documents into Allied's advanced tracking system for financial institution clients. This role requires attention to detail and ...

Allied Solutions LLC

Insurance Processor

Carmel, IN · On-site

Analyze, and accurately enter auto property and causality insurance documents into Allied's advanced tracking system for financial institution clients. This role requires attention to detail and ...

Dover Corporation

Financial Analyst

Madison, IN · On-site

The Financial Analyst has primary responsibility for supporting forecasting and budgeting processes ... insurance; wellness programs; health savings account, health care and dependent care flexible ...

Dover Corporation

Financial Analyst

Madison, IN · On-site

The Financial Analyst has primary responsibility for supporting forecasting and budgeting processes ... insurance; wellness programs; health savings account, health care and dependent care flexible ...

Dover Corporation

Financial Analyst

Madison, IN

The Financial Analyst has primary responsibility for supporting forecasting and budgeting processes ... insurance; wellness programs; health savings account, health care and dependent care flexible ...

CFS

Financial Analyst

Indianapolis, IN · On-site

$90K - $110K/yr

Financial Analyst Salary: $90,000 - $110,000 + annual bonus Location: Downtown Indianapolis ... Health Insurance Schedule: Hybrid -- Monday-Thursday in office, Friday work from home Why This ...

CFS

Financial Analyst

Indianapolis, IN · On-site

$90K - $110K/yr

Financial Analyst Salary: $90,000 - $110,000 + annual bonus Location: Downtown Indianapolis ... Health Insurance Schedule: Hybrid -- Monday-Thursday in office, Friday work from home Why This ...

CFS

Cost Analyst

La Porte, IN · On-site

$80K - $90K/yr

Financial Analyst Location: LaPorte, Indiana (Fully Onsite) Salary Range: $80,000 - $90,000 ... Medical, Dental, and Vision Insurance * 401(k) with Company Match * Paid Time Off and Holidays

CFS

Cost Analyst

La Porte, IN · On-site

$80K - $90K/yr

Financial Analyst Location: LaPorte, Indiana (Fully Onsite) Salary Range: $80,000 - $90,000 ... Medical, Dental, and Vision Insurance * 401(k) with Company Match * Paid Time Off and Holidays

Badger Daylighting

Pricing Analyst

Brownsburg, IN · On-site

Inclusive Group Life Insurance * Supportive Employee Assistance Program (EAP) that allows for covered behavioral health visits * Rewarding Employee Referral Program * Valuable Employee Training ...

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Insurance Analyst information

See Indiana salary details

$13

$22

$34

How much do insurance analyst jobs pay per hour?

As of Jul 15, 2026, the average hourly pay for insurance analyst in Indiana is $22.65, according to ZipRecruiter salary data. Most workers in this role earn between $18.32 and $24.95 per hour, depending on experience, location, and employer.

What is the difference between Insurance Analyst vs Claims Adjuster?

AspectInsurance AnalystClaims Adjuster
Required CredentialsBachelor's degree in finance, business, or related field; certifications like CPCU or ARMBachelor's degree; state licensing may be required; certifications like AIC or CPCU
Work EnvironmentOffice setting, analyzing data, preparing reportsField and office work, investigating claims
Employer & Industry UsageInsurance companies, brokerage firms, consultingInsurance companies, third-party administrators
Common Search & Comparison IntentUnderstanding analytical roles in insuranceEvaluating claims processing and adjustment roles

Insurance Analysts focus on data analysis, risk assessment, and policy evaluation within insurance companies, often working in an office environment. Claims Adjusters investigate and settle insurance claims, frequently working in the field. Both roles require similar credentials and industry experience, but their daily tasks and work settings differ significantly.

What are Insurance Analysts?

Insurance Analysts are professionals who evaluate insurance policies, claims, and risks for individuals or organizations. They analyze data to determine appropriate coverage, assess the likelihood of claims, and help set premiums. Insurance Analysts play a critical role in ensuring that insurance products are financially sound and comply with industry regulations. Their work helps insurance companies manage risk effectively and provide fair policies to clients.

What are some typical challenges Insurance Analysts face when working with large data sets, and how can they address them?

Insurance Analysts often work with vast and complex data sets, which can present challenges such as ensuring data accuracy, identifying meaningful trends, and managing incomplete or inconsistent information. To address these challenges, analysts frequently use specialized software tools for data cleaning and analysis, collaborate closely with IT teams, and develop strong attention to detail. Proactively communicating with underwriters, actuaries, and other stakeholders also helps ensure that data-driven insights are accurate and actionable.

What Does an Insurance Analyst Do?

As an insurance analyst, you use computer software to evaluate insurance policies to determine the risks for a policyholder and an insurance company. You meet with clients and offer recommendations for choosing a policy that suits their needs. You review insurance applications to ensure they are complete and accurate. Other duties include completing policy renewals, changes, and cancellations, analyzing quotes and binders, and verifying record accuracy. You review claims to ensure legitimacy by verifying the details, conducting investigations (going to the scene of an accident, interviewing witnesses, police, etc.), gathering underwriting data, and providing recommendations to management. Some positions require you to create analytical reports to keep clients informed of trends.

What are the key skills and qualifications needed to thrive as an Insurance Analyst, and why are they important?

To thrive as an Insurance Analyst, you need strong analytical abilities, attention to detail, and a background in finance, economics, or a related field, often supported by a relevant degree. Familiarity with data analysis tools, insurance management systems, and sometimes certifications like CPCU or AINS are typically required. Excellent communication, problem-solving, and organizational skills help you interpret data and present insights effectively. These skills are crucial for accurately assessing risk, supporting sound decision-making, and ensuring compliance within the insurance industry.
More about Insurance Analyst jobs
What are popular job titles related to Insurance Analyst jobs in Indiana? For Insurance Analyst jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Insurance Analyst jobs in Indiana look for? The top searched job categories for Insurance Analyst jobs in Indiana are:
What are popular job titles related to Insurance Analyst jobs in IN? For Insurance Analyst jobs in IN, the most frequently searched job titles are:
Insurance Analyst jobs near you
Product Business Analyst

Product Business Analyst

Indiana Farm Bureau Insurance

Indianapolis, IN • Hybrid

Full-time

Retirement, PTO

Posted 20 days ago

Indiana Farm Bureau Insurance rating

8.7

Company rating: 8.7 out of 10

Based on 6 frontline employees who took The Breakroom Quiz

67th of 281 rated insurance

Job description

Responsibilities:

  • Assist Product Business Analyst(s) and Product Owner(s) with requirement gathering and other tasks as assigned to complement standard agile practices.
  • Collaborate with end users, subject matter experts (SMEs), and other business stakeholders.
  • Create effective documentation to support the learning and knowledge transfer between business and IT team members.
  • Support tasks for projects, system enhancements, and continuous improvement.
  • Provide daily client communication to problem-solve and support end users with time-sensitive needs.
  • Support data validation and analysis. 

 Requirements for Success:

  • Bachelor’s degree in Business or related field of study. In lieu of a degree, 3 or more years of business analyst and/or financial services/life insurance industry experience.
  • At least one year of experience functioning in an Agile environment is preferred.
  • Strong organizational, communication, negotiation, and interpersonal skills.
  • Ability to work in a collaborative environment and make quality decisions within the scope of responsibility.
  • Prior experience preferred with industry-related software: MS Office, JIRA, SharePoint, and/or other web-based applications.
  • Strong analytical skills with proficiency in Excel or similar tools. 

IFBI Perks:

  • An organization that values work/life balance
  • Paid Vacation/Sick Leave
  • 401K w/ Match
  • Monday - Friday hybrid schedule
  • Potential for a yearly bonus with a possible payout of up to 20% of the salary
  • Collaborate in a team environment

#HO

#LI-SB1

What Indiana Farm Bureau Insurance employees say

Pay

Hours and flexibility

Workplace

Get the full story on Breakroom

Indiana Farm Bureau logo

About Indiana Farm Bureau

Sourced by ZipRecruiter

Whatever you picture an insurance career to be like, leave it all behind. At Indiana Farm Bureau Insurance, it's more than you ever imagined.

Industry

Insurance services

Company size

1,001 - 5,000 Employees

Headquarters location

New Palestine, IN, US

Year founded

1934

Social media

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