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

Senior Financial Analyst

Chicago, IL · On-site

$90 - $120/hr

... FP&A experience needed. Who We Are Kin makes life simpler, more affordable, and better for ... We start with smarter homeowners insurance and expand to everything homeowners need to thrive.

New

RB Global full-time employees are offered medical, dental, vision, and basic life insurances ... The Senior Financial Analyst leads month-end, quarter-end and year-end closing for various RBGlobal ...

New

... Insurance, Disability Insurance. Position Details: Industry Banking Location 540 W MADISON ST ... Financial Analyst (Level I) Duration: 5-6 Months Shift Timings: Monday to Friday 9:00 AM to 6:00 PM ...

Senior Financial Analyst

Westchester, IL

$84K - $105K/yr

RB Global full-time employees are offered medical, dental, vision, and basic life insurances ... years of Financial Analyst experience. * 3+ years of Senior Financial Analyst experience.

Senior Financial Analyst

Chicago, IL · On-site

$88K - $109K/yr

... of insurance industry developments and products available in the marketplace Compensation and ... financial analysis • Actuarial accreditations welcome; exam support available for candidates ...

Senior Financial Analyst

Chicago, IL

$88K - $109K/yr

... of insurance industry developments and products available in the marketplace Compensation and ... financial analysis Actuarial accreditations welcome; exam support available for candidates ...

The Senior Financial Analyst will operate with a high degree of autonomy, owning financial analysis ... Our benefit package includes health insurance, life and disability, 401(k) contributions, paid time ...

Senior Financial Analyst

Chicago, IL · On-site

$90 - $120/hr

Lockton has grown to become the world's largest privately held, independent insurance broker by ... The Senior Financial Analyst contributes to development, delivery and related consulting on health ...

Sr. Financial Analyst

Chicago, IL · On-site

$57K - $106K/yr

The Senior Financial Analyst will also provide controllership oversight for loan fee activity ... BMO also offers health insurance, tuition reimbursement, accident and life insurance, and ...

The Senior Financial Analyst will also provide controllership oversight for loan fee activity ... BMO also offers health insurance, tuition reimbursement, accident and life insurance, and ...

Showing results 41-60

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 21, 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 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:

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.

Concierge Insurance & Financial Coordinator

Midwest Orthopaedics at Rush

Chicago, IL

$55/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 27 days ago


Midwest Orthopaedics At Rush rating

7.8

Company rating: 7.8 out of 10

Based on 11 frontline employees who took The Breakroom Quiz


Job description

Concierge Insurance & Financial Coordinator

 
Reports To: Practice Administrator / Dr. Richard A. Berger
Status: Full-Time, 40 hours/week, Onsite
 
Position Summary
The Concierge Insurance & Financial Coordinator serves as the primary financial advocate and insurance resource for patients seeking care with Dr. Richard A. Berger. This role delivers a white-glove, concierge-level experience by guiding patients through every financial aspect of their surgical journey from the initial consultation through postoperative care.
As the financial liaison between patients, insurance carriers, employers, third-party administrators, and the clinical team, this individual ensures patients clearly understand their benefits, anticipated out-of-pocket expenses, reimbursement opportunities, payment options, and financing resources. The coordinator proactively removes financial barriers while supporting the practice's commitment to exceptional patient service, transparency, and operational excellence.
 
Primary Responsibilities
 
Concierge Patient Experience
  • Serve as the dedicated financial point of contact throughout each patient's surgical journey.
  • Provide personalized financial consultations in person, by phone, and virtually.
  • Deliver a concierge-level experience that reflects the practice's commitment to exceptional patient care.
  • Build trusted relationships with patients and families while maintaining the highest level of professionalism and confidentiality.
Insurance Verification & Benefit Analysis
  • Verify commercial insurance benefits and determine out-of-network reimbursement eligibility.
  • Interpret complex insurance plans, deductibles, coinsurance, out-of-pocket maximums, and exclusions.
  • Coordinate prior authorizations and medical necessity documentation when appropriate.
  • Maintain current knowledge of commercial insurance plans and reimbursement trends.
Financial Counseling
  • Prepare customized financial estimates for surgical procedures.
  • Educate patients regarding expected financial responsibility before surgery.
  • Explain payment policies, financing options, and available resources.
  • Assist patients in understanding reimbursement timelines and documentation requirements.
  • Coordinate payment arrangements while maintaining a patient-first approach.
Insurance Advocacy
  • Act as a liaison between patients and insurance carriers.
  • Assist patients with reimbursement documentation and required claim forms.
  • Collaborate with employers, third-party administrators, and case managers when appropriate.
  • Help resolve insurance-related questions before and after surgery.
Revenue Cycle Support
  • Ensure complete financial clearance before surgery.
  • Collect deposits and patient payments according to practice policies.
  • Monitor outstanding balances and coordinate timely follow-up.
  • Work closely with billing personnel to ensure accurate documentation and reimbursement.
Cross-Functional Collaboration
  • Partner with physicians, surgical coordinators, scheduling, marketing, and administrative staff to provide a seamless patient experience.
  • Communicate financial considerations that may impact scheduling or patient readiness.
  • Participate in process improvement initiatives focused on patient satisfaction and operational efficiency.
Qualifications
  • Minimum 3–5 years of experience in healthcare financial counseling, insurance coordination, patient financial services, or medical billing preferred. 
  • Strong understanding of commercial insurance, out-of-network benefits, prior authorizations, and reimbursement processes.
  • Experience in orthopedic surgery, ambulatory surgery, or concierge medicine preferred.
  • Exceptional communication and customer service skills.
  • High level of professionalism, discretion, and emotional intelligence.
  • Strong organizational skills with the ability to manage multiple patient cases simultaneously.
  • Proficiency in electronic medical records (EMR), Microsoft Office, and practice management software.
Core Competencies
  • Concierge Patient Service
  • Insurance Navigation
  • Financial Counseling
  • Revenue Cycle Management
  • Relationship Building
  • Problem Solving
  • Attention to Detail
  • Communication & Empathy
  • Time Management
  • HIPAA Compliance

What’s in it for you? MOR offers their employees a comprehensive compensation and benefits package. 

Pay Range: Starting at $55 - 65k annualized. Compensation at MOR is determined by many factors, which may include but are not limited to, job-related skills and level of experience, education, certifications, geographic location, market data and internal equity. Base pay is only a portion of the total rewards package. 

  • Medical, Dental and Vision Insurance.
  • Paid Time Off and Paid Holidays.
  • Company-paid life and long-term disability insurance.
  • Voluntary life, AD&D, and short-term disability insurance.
  • Critical Illness and Accident Insurance.
  • 401(k) Savings Plan.
  • 401(k) Employer Contribution.
  • Pet Insurance.
  • Commuter Benefits.
  • Employee Assistance Program (EAP).
  • Tax-Advantaged Accounts (FSA, HSA, Dependent Care FSA).
  • HSA Employer Contribution (when enrolled in a HDHP).
  • Tuition Reimbursement.
  • Continuing Education of up to $2,500 annualized.
  • Excellent working relationship with prestigious group of physicians in Orthopedics in the US and #1 in Illinois and Indiana. 

Our employees make the difference in our patients’ lives, and we value their contributions. Midwest Orthopaedics at Rush offers a comprehensive compensation and benefits package and an opportunity to grow and develop your career with an industry leader. Come see what we’re all about. Equal Opportunity Employer. 


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