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Insurance Development Jobs in Chicago, IL (NOW HIRING)

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Insurance Development information

See Chicago, IL salary details

$34K

$79.8K

$137K

How much do insurance development jobs pay per year?

As of Jul 7, 2026, the average yearly pay for insurance development in Chicago, IL is $79,773.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,300.00 and $93,200.00 per year, depending on experience, location, and employer.

What is the difference between Insurance Development vs Insurance Underwriter?

AspectInsurance DevelopmentInsurance Underwriter
Primary RoleDesigns new insurance products and strategies to meet market needsEvaluates and assesses individual insurance applications to determine coverage and premiums
Required SkillsMarket analysis, product design, industry knowledgeRisk assessment, decision-making, analytical skills
Work EnvironmentCollaborative, strategic planning teamsAssessment-focused, often in underwriting departments
CertificationsOften requires industry certifications, but less standardizedProfessional designations like CPCU or ARM are common

Insurance Development focuses on creating and strategizing new insurance products, while Insurance Underwriters evaluate individual applications to determine coverage. Both roles require industry knowledge, but their daily tasks and skill sets differ significantly, with development emphasizing market strategy and underwriting emphasizing risk assessment.

Insurance Development jobs near you

Insurance Specialist

Gaudyn Insurance Agency Inc

Schaumburg, IL • On-site

$30K/yr

Full-time

Re-posted 6 days ago

Job description

State Farm Agent Team Member

Are you outgoing and customer-focused? Do you enjoy working with the public? If you answered yes to these questions, working for a State Farm independent contractor agent may be the career for you!

State Farm agents are entrepreneurs that market only State Farm insurance and financial service products.

This position is with a State Farm independent contractor agent, not with State Farm Insurance

Companies. Employees of State Farm agents must be able to successfully complete any applicable licensing requirements and training programs.

Desired qualities include:

Ethical and Honest

Must have applicable license or must obtain applicable licensing requirements.

Sales experience (outside sales or inside sales representative, retail sales associate, or telemarketing) preferred

Interest in marketing products and services based on customer needs

Excellent communication skills - written, verbal and listening

People-oriented

Organizational skills

Self-motivated

Dedicated to customer service

Able to learn computer functions

Pride in getting work done accurately and timely

Ability to work in a team environment

Ability to multi-task

Ability to conduct interviews in the office and in client's home or business

Ability to assess client needs and conduct effective interviews

Experience in marketing financial products

Billingual- Polish preferred

Bilingual - Spanish preferred

Bilingual - Russian preferred

Courses on ethical and client centered sales practices will be required

Selected candidate is expected to remain current in product changes, licensing, technical developments, and continuing education

Position may require irregular working hours

Responsibilities:

Develop leads, schedule appointments, identify customer needs, and market appropriate products and services.

Establish customer relationships and follow up with customers, as needed.

Provide prompt, accurate, and friendly customer service. Service can include responding to inquiries regarding insurance availability, eligibility, coverages, policy changes, transfers, claim submissions, and billing clarification.

Work with the agent to establish and meet marketing goals.

Use a customer-focused, needs-based review process to educate customers about insurance options.

Maintain a strong work ethic with a total commitment to success each and every day.

As an agent team member, you will receive:

Base salary in the range of $30,000- $40,000 based on experience + Commission no cap

Job Types: Full-time, Commission

Polish, Ukrainian or Spanish speaker preferred

Salary: $30,000.00 to $60,000.00 /year

1409 S Roselle rd.

Schaumburg, IL 60193

Email resume to anna@gaudyninsurance.com