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Insurance Form Analyst Jobs in Illinois (NOW HIRING)

R&D Specialist - CL

Pekin, IL · Hybrid

$73K - $98K/yr

Read and interpret insurance policy language and various state or federal regulations * Communicate effectively in both oral and written form * Analyze, organize and prioritize work while meeting ...

Filing Analyst - P&C

Chicago, IL · On-site

$60K - $85K/yr

Rate and Form Filings: Prepare, submit and track insurance rate and form filings for our products to state regulatory authorities working under minimal direction. * Coordination: Collaborate with ...

They unite individuals with common bonds, provide a variety of life insurance and investment products, and form one of the nation's most effective volunteer networks. Responsibilities: * Analyze non ...

Prepare Form W-9 and annual federal Form 1099 reporting. * Processing and management of sales tax ... insurance; short- and long-term disability insurance; paid time off; parental leave, adoption ...

Prepare Form W-9 and annual federal Form 1099 reporting. * Processing and management of sales tax ... insurance; short- and long-term disability insurance; paid time off; parental leave, adoption ...

Prepare Form W-9 and annual federal Form 1099 reporting. * Processing and management of sales tax ... insurance; short- and long-term disability insurance; paid time off; parental leave, adoption ...

Showing results 21-40

Insurance Form Analyst information

What is an insurance form analyst?

Insurance Form Analysts are professionals who review, evaluate, and ensure the accuracy and compliance of insurance forms and documents. They check that policy forms adhere to state and federal regulations and are consistent with company guidelines. These specialists work closely with underwriters, compliance teams, and legal departments to identify discrepancies or errors and make recommendations for revisions. Their role is crucial in minimizing legal risks and ensuring that insurance products are clearly and accurately described to customers.

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

To thrive as an Insurance Form Analyst, you need a solid understanding of insurance products, regulatory compliance, and attention to detail, typically supported by a degree in business, finance, or a related field. Familiarity with insurance management software, document management systems, and often proficiency in Microsoft Office Suite are essential technical requirements. Strong analytical thinking, effective communication, and organizational skills help distinguish top performers in this role. These competencies are crucial for ensuring accurate form preparation, regulatory adherence, and effective collaboration with internal and external stakeholders.

What are some common challenges an insurance form analyst may face when reviewing complex policy documents?

Insurance Form Analysts often encounter challenges such as navigating varying state regulations, identifying inconsistencies or ambiguities in policy language, and ensuring that all forms comply with both internal standards and external legal requirements. These professionals must pay close attention to detail and stay up-to-date with frequent changes in insurance laws. Collaborating with underwriters, legal teams, and compliance officers is essential to resolve discrepancies and ensure accuracy in documentation.

What is the difference between Insurance Form Analyst vs Insurance Underwriter?

AspectInsurance Form AnalystInsurance Underwriter
CredentialsTypically requires a high school diploma or associate degree; certifications like CPCU or AINS are commonRequires a bachelor's degree, often in finance, business, or related fields; certifications like CPCU or ARM are beneficial
Work EnvironmentOffice setting, reviewing insurance forms and data entryOffice setting, assessing risks and approving policies
Employer & Industry UsageInsurance companies, brokers, and agenciesInsurance companies, underwriting firms, and brokers

Insurance Form Analysts focus on reviewing and processing insurance forms, ensuring accuracy and compliance. Insurance Underwriters evaluate risks and determine policy terms. While both roles are essential in the insurance industry, they differ in responsibilities, with underwriters making risk decisions and analysts handling documentation.

What cities in Illinois are hiring for Insurance Form Analyst jobs?

Cities in Illinois with the most Insurance Form Analyst job openings:

R&D Specialist - CL

Pekin Insurance

Pekin, IL • Hybrid

$73K - $98K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 9 days ago


Job description

Looking for more than just a job? You’ve found it.

 At Pekin Insurance, you’re not a number—you’re part of something bigger. For over 100 years, we’ve built a community where people are valued, supported, and empowered to grow. Here, you’ll find a workplace where collaboration is real, ideas are welcome, and the work you do truly matters. We’re proud to help people through life’s toughest moments—and it’s our people who make that possible.

 From day one, you’ll be encouraged to bring your whole self to work, take on meaningful challenges, and grow in ways that matter to you. Learn more about Pekin Insurance Here!

Position Overview

The Research and Development (R&D) Specialist is responsible for developing new products and enhancements, maintenance of existing products for regulatory compliance, and researching emerging industry issues.  This position supports the Commercial Lines Underwriting department in the achievement of established corporate profit and growth goals.

Essential Job Functions

  • Manages assigned lines of commercial products to ensure profitable growth
  • Completes assigned Commercial Lines research and development projects to facilitate profitable growth
  • Develops new products, coverage enhancements to existing products, and required regulatory changes to existing Commercial Lines products
  • Maintains Commercial Lines manuals and forms to ensure regulatory compliance and quality control
  • Obtains and analyzes industry information and competitor market research for assigned projects and lines of business
  • Identifies, analyzes, and provides information on state regulatory law changes, advisory organization compliance changes, and industry emerging issues to ensure compliance and evaluates opportunities and threats
  • Analyzes and provides innovative solutions to issues discovered in assigned projects
  • Reviews and provides recommendations on all assigned Commercial Lines project specifications and requirements
  • Performs other duties as assigned

Education & Experience

Required

  • Bachelor’s degree in Safety Management, Occupational Safety, or related field required
  • Typically requires 5+ years of industry experience

Preferred or Specialized

  • Prior experience with commercial insurance rating

Certifications & Licenses

  • Possession of or demonstrated progress toward earning a Chartered Property Casualty Underwriter (CPCU) designation

Knowledge, Skills & Abilities

Demonstrated ability to:

  • Read and interpret insurance policy language and various state or federal regulations
  • Communicate effectively in both oral and written form
  • Analyze, organize and prioritize work while meeting multiple deadlines
  • Define problems, collect data, establish facts, and draw valid conclusions
  • Take initiative and work independently or with teams

Demonstrated skill in:

  • Completing assignments accurately and with attention to detail

Demonstrated knowledge of:

  • Insurance industry and terminology within specialized product lines

Applicants must be authorized to work in the U.S. without sponsorship now or in the future.

   Pay Range

  • $73,000 - 98,000 
    • This range is based on the expected level of experience and skills for this position. Final compensation will depend on individual

  Benefits: 

  •  Health, Dental and Vision Insurance
  •  Generous 401(k) with company match
  • Paid Time Off (PTO) with Paid Holidays
  • Flexible/Hybrid Work Schedule
  • Paid Volunteer Program

      For more information about the benefits we offer, please visit our Careers Page.