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Insurance Data Analyst Jobs in Madison, WI (NOW HIRING)

This role combines rigorous statistical analysis with modern data science practices, including use ... insurances and savings accounts; retirement benefits. For more information, refer to the campus ...

... insurance, retailers, and consumer product groups. As a consequence you will apply and/or learn a ... Improve operations by conducting systems analysis; recommending changes in policy and procedures.

... insurance, retailers, and consumer product groups. As a consequence you will apply and/or learn a ... Improve operations by conducting systems analysis; recommending changes in policy and procedures.

Collaborate with the team to analyze data and generate performance reports, providing actionable ... Group Medical, Dental, Vision, Life insurance, Parental leave, and our Health and Wellness benefits ...

... and Insurance Planning. Advantages of contracting with us: * You'll be able to choose which ... Proficient in financial analysis, financial modeling, data analysis, and other reasoning exercises ...

Working knowledge of cross-system data relationships and experience troubleshooting operational ... Benefits Medical, Dental, & Vision Insurance Basic Life Insurance Voluntary Life Insurance Flexible ...

Showing results 41-60

Insurance Data Analyst information

See Madison, WI salary details

$33.3K

$81K

$133.2K

How much do insurance data analyst jobs pay per year?

As of Aug 8, 2026, the average yearly pay for insurance data analyst in Madison, WI is $80,965.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,200.00 and $95,000.00 per year, depending on experience, location, and employer.

How much does an insurance data analyst make?

The average salary for an insurance data analyst typically ranges from $60,000 to $85,000 per year, depending on experience, location, and certifications. Entry-level roles may start lower, while experienced analysts with advanced skills in data visualization and statistical tools can earn higher salaries.

What is the difference between Insurance Data Analyst vs Actuary?

AspectInsurance Data AnalystActuary
Required CredentialsBachelor's degree in statistics, data science, or related field; often certifications like CAP or CPCUBachelor's degree in mathematics, statistics, or actuarial science; professional actuarial exams and credentials (e.g., ASA, FSA)
Work EnvironmentData analysis teams within insurance companies, focusing on data modeling and reportingActuarial departments, focusing on risk assessment, pricing, and reserving
Employer & Industry UsageInsurance companies, brokers, and consulting firmsInsurance companies, consulting firms, government agencies

While both roles involve working with insurance data, Insurance Data Analysts focus on data collection, analysis, and reporting, whereas Actuaries specialize in risk modeling and financial forecasting using advanced mathematics and actuarial exams. The roles often collaborate but serve different strategic functions within insurance organizations.

What are the key skills and qualifications needed to thrive as an insurance data analyst?

To thrive as an Insurance Data Analyst, you need strong analytical skills, proficiency in statistics, and a background in mathematics, finance, or a related field, often supported by a relevant degree. Familiarity with data analysis tools such as SQL, Excel, Python, and data visualization platforms, as well as knowledge of insurance-specific databases and certifications like CPCU or AIDA, is highly valued. Attention to detail, problem-solving, and effective communication are crucial soft skills for interpreting complex data and presenting insights to stakeholders. These skills ensure accurate risk assessment, data-driven decision-making, and effective support of business objectives in the insurance industry.

How does an insurance data analyst typically collaborate with underwriters and actuaries?

Insurance Data Analysts frequently work alongside underwriters and actuaries to provide data-driven insights that inform risk assessment and pricing decisions. Analysts gather, clean, and interpret large sets of policyholder and claims data, then present actionable findings through reports or dashboards. Regular meetings and joint projects ensure that underwriters and actuaries have the most accurate, up-to-date information to make decisions, and that data models align closely with business needs. Strong communication and teamwork skills are essential for success in this collaborative environment.

What does an insurance data analyst do?

An Insurance Data Analyst is responsible for collecting, processing, and analyzing data related to insurance policies, claims, customer behavior, and market trends. They use statistical tools and software to identify patterns, assess risks, and provide actionable insights that help insurance companies make informed decisions. Their work supports pricing strategies, fraud detection, customer retention, and overall business performance. Insurance Data Analysts often collaborate with underwriters, actuaries, and business managers to optimize processes and improve profitability.
Infographic showing various Insurance Data Analyst job openings in Madison, WI as of August 2026, with employment types broken down into 100% Part Time. Highlights an 100% In-person job distribution, with an average salary of $80,965 per year, or $38.9 per hour.

Financial Business Analyst

Johnson Health Tech Companies

Cottage Grove, WI • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 28 days ago


Johnson Health Tech rating

8.1

Company rating: 8.1 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

152nd of 487 rated machine equipment manufacturers


Job description

Description:

WHO WE ARE

Johnson Health Tech is one of the world's largest and fastest-growing fitness equipment manufacturers, delivering innovative solutions that help people live healthier lives. Through our award-winning portfolio of commercial and residential brands, we serve customers in more than 60 countries worldwide.


We are driven by our mission to delight and excite our customers through truly innovative products, unsurpassed quality, and best-in-class customer experience provided by a world-class organization. We believe in creating a culture that is Fun. Flexible. Friendly. while empowering our employees to make a meaningful impact on our customers, teams, and communities.


POSITION OVERVIEW

Are you someone who sees the story behind the numbers? Johnson Health Tech Trading is looking for a Financial Analyst who can turn data into meaningful insights, build scalable reporting tools, and help leaders make smarter business decisions. In this role, you’ll partner across finance, sales, operations, and supply chain to improve processes, identify cost-saving opportunities, and support the continued growth of our North America Sporting Goods and BowFlex distribution channels.


This is a high-impact role for someone who enjoys digging into data, spotting trends, asking thoughtful questions, and turning complex financial information into clear, actionable recommendations. You’ll support budgeting, forecasting, reporting, financial analysis, and process improvement while working closely with teams across the business.

What You’ll Help Shape

  • Forecasts, budgets, operating plans, and financial projections that support business growth.
  • Dashboards, reports, and scalable tools that make data easier to understand and use.
  • Margin analysis, cost-saving opportunities, and performance insights across business segments.
  • Financial models that support forecasting, budgeting, long-term planning, and strategic decision-making.
  • Process improvements that help streamline reporting, reduce manual work, and strengthen data integrity.

RESPONSIBILITIES

  • Play a key role in budgeting, rolling forecasts, annual planning, and financial reporting for actual results and projections.
  • Prepare ad hoc financial analysis to help leadership evaluate business decisions.
  • Analyze margin performance, volume, rate, and mix variance trends across business segments.
  • Build and automate recurring reports using BI tools, Power Query, Power BI, Excel, and related systems.
  • Partner with sales segment directors to monitor performance, spending, and business trends.
  • Support journal entries, account reconciliations, standard cost maintenance, customer rebate analysis, incentive plans, and warranty cost evaluation as needed.
  • Collaborate with finance, operations, supply chain, and technical teams to implement reporting solutions and cost reduction initiatives.
  • Support quarterly reviews, year-end audits, special projects, and continuous improvement initiatives
Requirements:

Required Qualifications

  • Bachelor’s degree in Accounting, Finance, or a related field.
  • 3–5 years of experience in accounting, finance, business analysis, data analytics, or a related area.
  • Experience with rolling forecasts, budgeting, planning, and ad hoc financial analysis.
  • Advanced Microsoft Excel skills and comfort working with financial data, reporting tools, and BI platforms.
  • Ability to identify trends, variances, and opportunities for improvement through thoughtful analysis.
  • Strong communication skills with the ability to explain financial information clearly to different audiences.
  • Strong organization skills, attention to detail, and the ability to manage multiple priorities in a fast-paced environment.

Preferred Qualifications

  • SAP and Workday Adaptive experience.
  • Experience with cost accounting, retail pricing analytics, and margin analysis.
  • Experience with BW, Power BI, Power Query, PowerPoint, Word, CRM, or similar tools.


Work environment

This role requires onsite attendance five days per week in a typical office environment with moderate noise levels. This role requires onsite attendance and is not a hybrid or remote position. Occasional work-related travel may be required.


Benefits & Perks

  • Medical, dental, and vision insurance
  • Company-paid life insurance and AD&D coverage
  • 401(k) retirement savings plan
  • Paid time off (PTO)
  • FSA and HSA options
  • Employee product discounts, wellness resources, and employee assistance programs.

Equal Opportunity Employer, including Protected Veterans and Individuals with Disabilities.


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