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Insurance Financial Analyst Jobs in Chicago, IL (NOW HIRING)

Four Seasons Heating

Financial Analyst

Chicago, IL · On-site

$70K - $85K/yr

Financial Analyst - Four Seasons HVAC, Plumbing, Electric Location : Bedford, IL (onsite) Salary ... Medical Insurance (employer subsidized) * Accident Insurance * Critical Illness Insurance

LHH US

Financial Analyst

Chicago, IL · On-site

$35 - $40/hr

Temporary Financial Analyst Our client is seeking a detail-oriented and analytical Financial ... Benefit offerings include medical, dental, vision, life insurance, short-term disability ...

Phoenix Global

Financial Analyst

Chesterton, IN · On-site

$100K - $115K/yr

Financial Analyst Reports To: AVP Finance Location: Portage, IN Overview of Position: Phoenix ... Vision insurance * Dental insurance * Paid time off Schedule: * Monday - Friday * Onsite Travel:

ULINE

Financial Analyst

Glenview, IL · On-site

Financial Analyst Corporate Headquarters 12575 Uline Drive,Pleasant Prairie, WI 53158 Use your ... Complete health insurance coverage and 401(k) with 6% employer match that starts day one!

ULINE

Financial Analyst

Waukegan, IL · On-site

Financial Analyst Corporate Headquarters 12575 Uline Drive,Pleasant Prairie, WI 53158 Use your ... Complete health insurance coverage and 401(k) with 6% employer match that starts day one!

Garrett Popcorn Shops

Be Seen First

Financial Analyst

Aurora, IL · On-site

$115K - $122K/yr

Employer paid life insurance and eligibility to participate in the company 401(k) plan with annual discretionary match. This position is eligible for the Garrett Hybrid Work Arrangement (2-3x week in ...

Pentair

Financial Analyst

Hanover Park, IL

$61K - $113K/yr

We have an opportunity for a Financial Analyst to join our Hanover Park, IL team. You will be ... critical illness insurance, accident insurance, parental leave, caregiver leave, tuition ...

Fresenius Kabi

Financial Analyst

Lake Zurich, IL · On-site

$70K - $77K/yr

Job Summary The Financial Analyst is responsible for financial support and analysis in sales and ... insurance, disability, 401K with company contribution, and wellness program. Please note that ...

Pentair

Financial Analyst

Hanover Park, IL · On-site

$61K - $113K/yr

We have an opportunity for a Financial Analyst to join our Hanover Park, IL team. You will be ... critical illness insurance, accident insurance, parental leave, caregiver leave, tuition ...

Pentair

Financial Analyst

Hanover Park, IL · On-site

$61K - $113K/yr

We have an opportunity for a Financial Analyst to join our Hanover Park, IL team. You will be ... critical illness insurance, accident insurance, parental leave, caregiver leave, tuition ...

Freseniusglobal

Financial Analyst

Lake Zurich, IL

$70K - $77K/yr

Job Summary The Financial Analyst is responsible for financial support and analysis in sales and ... life insurance, disability,401K with company contribution, andwellness program. Please note that ...

Nova Clean Energy

Financial Analyst

Chicago, IL · On-site

This person will own day-to-day FP&A support, maintain long-range cash forecasting models, track ... Benefits • Comprehensive medical, vision, and dental insurance, including HSA & FSA accounts • ...

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Showing results 1-20

All JobsInsurance Financial Analyst JobsInsurance Financial Analyst Jobs in Chicago, IL

Insurance Financial Analyst information

See Chicago, IL salary details

$39.7K

$90.8K

$121.6K

How much do insurance financial analyst jobs pay per year?

As of Aug 20, 2026, the average yearly pay for insurance financial analyst in Chicago, IL is $90,767.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,100.00 and $113,800.00 per year, depending on experience, location, and employer.

What does an insurance financial analyst do?

An Insurance Financial Analyst is responsible for evaluating the financial performance and stability of insurance companies or insurance portfolios. They analyze financial statements, review investment strategies, assess risks, and help ensure regulatory compliance. Their insights assist in strategic planning, profitability forecasting, and maintaining the fiscal health of the organization. They often work closely with actuaries, underwriters, and management to provide data-driven recommendations.

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

To thrive as an Insurance Financial Analyst, you need strong analytical skills, a solid background in finance or accounting, and typically a bachelor's degree in a related field. Proficiency with financial modeling tools, Excel, and insurance-specific software such as SAS or actuarial systems, as well as relevant certifications like CFA or CPA, is highly valued. Excellent communication, problem-solving abilities, and attention to detail are crucial soft skills for interpreting data and presenting insights. These competencies are essential for accurately assessing risk, guiding financial decisions, and ensuring regulatory compliance within insurance organizations.

What are the most common challenges faced by insurance financial analysts when forecasting future claims and liabilities?

Insurance Financial Analysts often encounter challenges in forecasting due to the complexity and unpredictability of claims data, changing regulations, and evolving market conditions. Accurately estimating future liabilities requires strong analytical skills and close attention to detail, especially when working with large datasets and actuarial models. Analysts regularly collaborate with underwriting, actuarial, and risk management teams to gather reliable information and refine projections, making communication and teamwork essential in overcoming these challenges.

What is the difference between Insurance Financial Analyst vs Actuary?

AspectInsurance Financial AnalystActuary
Required CredentialsBachelor's degree, often in finance, economics, or related fields; certifications like CFA or CPCUBachelor's degree in mathematics, statistics, or actuarial science; professional actuarial exams and credentials (e.g., ASA, FSA)
Work EnvironmentInsurance companies, financial firms, consulting firms; focus on financial analysis and reportingInsurance companies, consulting firms; focus on risk assessment and pricing
Industry UsageCommonly employed in insurance and financial sectors for financial planning and analysisPrimarily in insurance, pension, and risk management sectors for actuarial modeling

While both roles involve financial analysis within the insurance industry, Insurance Financial Analysts focus on financial reporting and planning, whereas Actuaries specialize in risk assessment and pricing through advanced mathematical modeling. Both careers require strong analytical skills and relevant certifications, but their core responsibilities differ significantly.

What are popular job titles related to Insurance Financial Analyst jobs in Chicago, IL?

For Insurance Financial Analyst jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Insurance Financial Analyst jobs in Chicago, IL look for?

The top searched job categories for Insurance Financial Analyst jobs in Chicago, IL are:

Insurance Financial Analyst jobs near you
Infographic showing various Insurance Financial Analyst 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 92% Physical, 1% Hybrid, and 7% Remote job distribution, with an average salary of $90,835 per year, or $43.7 per hour.

Senior Financial Analyst-USA-EX

Starr Insurance Companies

Chicago, IL

$88K - $109K/yr

Full-time

Posted 14 days ago

Job description

Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.

The Sr Financial Analyst will serve as a key strategic advisor to several business units within the Casualty business unit. They will provide support that includes, but it not limited to, the following: providing forward-looking financial analysis, influencing decision-making, and shaping the financial direction of the business. The role play a central role in tracking and communicating actual financial performance, financial planning and forecasting, and performance optimization.


Our preference is for this position to be located in our New York or Chicago.


Key Responsibilities:

  • Direct and develop financial analysis, insights, planning and forecasting
  • Utilize Power BI and other tools to develop a balance scorecard of KPIs for measuring and improving BU performance.
  • Ensure the integrity of accounting records and financial management reports and manage the BUs Internal Control Framework activities
  • Identify, develop, and expand business opportunities and long-term strategic relationships
  • Prepare and manage business and performance reviews from the Finance perspective on behalf of the Casualty Business Unit
  • Provide business insight and recommended actions to address Plan gaps
  • Assist in the development and lead the process for annual financial plans, including, but not limited to, reserve analyses, direct expense budgets and SSU service levels and allocations
  • Works with management and executives on a daily basis


Preferred Qualifications:

  • Excellent finance and accounting skills with a command of insurance financial statements (i.e., income, balance sheet and cash flow) and financial and risk-adjusted return metrics. Preference for strong understanding of U.S. Statutory Financial Accounting, U.S. GAAP, reporting standards.
  • Commercial Insurance experience.
  • Strong relationship building skills at all levels with demonstrated ability to influence and engage stakeholders
  • Knowledge of business models, objectives, financial metrics, etc. used in decision-making; ability to build sound business cases to support innovative initiatives
  • Solid understanding of insurance business models and the company's market and business environment and how it impacts business decisions
  • Ability to identify improvement needs and drive improvements
  • Insurance industry experience
  • Detail oriented, strong prioritization and organizational skills
  • Strong verbal and written communication skills
  • Advanced degree in finance, economics or equivalent
  • CPA, a plus

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

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