ZipRecruiter

Log In

1

Insurance Transformation Jobs in Chicago, IL (NOW HIRING)

previous page

Showing results 41-60

All JobsInsurance Transformation JobsInsurance Transformation Jobs in Chicago, IL

Insurance Transformation information

See Chicago, IL salary details

$40.2K

$44.3K

$47.9K

How much do insurance transformation jobs pay per year?

As of Aug 9, 2026, the average yearly pay for insurance transformation in Chicago, IL is $44,296.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,800.00 and $45,800.00 per year, depending on experience, location, and employer.

What are some common challenges faced by professionals working in insurance transformation roles?

Professionals in Insurance Transformation often encounter challenges such as navigating legacy systems, managing resistance to change among staff, and aligning technology upgrades with regulatory requirements. These roles require strong project management and communication skills to successfully implement new digital solutions while ensuring minimal disruption to daily operations. Collaborating with cross-functional teams—including IT, compliance, and business units—is crucial for achieving seamless transitions and long-term success.

What is insurance transformation?

Insurance transformation refers to the process where insurance companies adopt new technologies, processes, and business models to improve efficiency, customer experience, and competitiveness. This often involves digitalizing operations, leveraging data analytics, and automating workflows to better meet the changing needs of customers and regulatory environments. The goal is to modernize legacy systems, streamline claims and underwriting, and create innovative insurance products. Successful transformation can help insurers stay relevant in a rapidly evolving industry and respond more quickly to market demands.

What are the key skills and qualifications needed to thrive in insurance transformation, and why are they important?

To thrive in Insurance Transformation, you need a solid understanding of insurance operations, digital transformation principles, and project management, often supported by a degree in business, IT, or related fields. Familiarity with core insurance platforms, data analytics tools, and certifications like PMP or Agile methodologies is highly valuable. Exceptional communication, change management, and stakeholder collaboration skills help drive adoption and manage organizational shifts. These capabilities are crucial for successfully leading modernization efforts and ensuring insurers remain competitive in a rapidly evolving industry.

What is the difference between Insurance Transformation vs Insurance Underwriter?

AspectInsurance TransformationInsurance Underwriter
Primary RoleLeading initiatives to modernize and optimize insurance processes, systems, and business modelsAssessing risks and determining policy terms for individual insurance applications
Required SkillsProject management, change management, industry knowledge, technical skillsRisk assessment, underwriting expertise, industry regulations, decision-making
Work EnvironmentCross-functional teams, strategic planning, often in corporate or consulting settingsUnderwriting departments, insurance companies, client-facing roles
CertificationsTypically none specific; industry knowledge and project management certifications helpfulChartered Property Casualty Underwriter (CPCU), Fellow of the Insurance Institute of America (IIA)

Insurance Transformation focuses on modernizing insurance operations through strategic initiatives, while Insurance Underwriters evaluate individual risks to determine policy terms. Both roles require industry knowledge, but their responsibilities and work environments differ significantly.

What are popular job titles related to Insurance Transformation jobs in Chicago, IL? For Insurance Transformation jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Insurance Transformation jobs in Chicago, IL look for? The top searched job categories for Insurance Transformation jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Insurance Transformation jobs? Cities near Chicago, IL with the most Insurance Transformation job openings:
Insurance Transformation jobs near you
Infographic showing various Insurance Transformation job openings in Chicago, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 67% In-person, and 33% Hybrid job distribution, with an average salary of $44,296 per year, or $21.3 per hour.

Senior Business Analyst, Transformation Office

Northern Trust

Chicago, IL • On-site

$83K - $141K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 7 days ago

Northern Trust rating

8.2

Company rating: 8.2 out of 10

Based on 27 frontline employees who took The Breakroom Quiz

Job description

About Northern Trust
As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world's most successful individuals, families, corporations and institutions.
Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.
With more than 135 years of financial experience and over 24,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Lead enterprise-scale transformation. Shape the future of Wealth Management and Northern Trust.
The Transformation Office is responsible for driving enterprise-wide strategic transformation across Northern Trust, partnering with senior leaders to translate strategy into measurable, sustained business outcomes. With a significant focus on transforming Wealth Management, the team leads complex initiatives across strategy, operating model design, data and AI, technology, and change management to reimagine how we serve clients, empower employees, and drive growth. Through a combination of strategic execution, innovation, and disciplined delivery, the Transformation Office builds the capabilities, frameworks, and solutions that enable lasting impact across Wealth Management and the broader enterprise.
Turn strategy into clear, actionable solutions. Enable change at scale.
The Senior Business Analyst plays a critical role in enterprise transformation initiatives by translating business needs into clear requirements and actionable solutions. Working across multiple initiatives, this role partners closely with business leaders, Program Managers, Technology, and Data teams to support the onset, design, and delivery of large-scale change.
This role operates with a high degree of independence, applying functional and industry expertise to moderately complex, cross-functional workstreams in a fast-moving, transformation-driven environment.
What You'll Do
  • Support large enterprise transformation initiatives, multiple projects, or a defined workstream within complex programs.
  • Partner with business stakeholders to gather, analyze, and document business requirements.
  • Analyze current-state processes, workflows, and operating models to identify improvement opportunities.
  • Support the design of enhanced operating, service, and delivery models.
  • Serve as a key point of contact for Technology teams during solution design, development, and testing.
  • Conduct preliminary and detailed analysis to support scope definition, solution design, and execution.
  • Apply functional and industry expertise to provide consultative guidance to partners and project teams.
  • Define success metrics and support performance tracking in partnership with Program Managers and Data teams.
  • Prepare materials and participate in management and governance discussions as needed.
What You Bring
  • Strong business analysis expertise with the ability to translate complex needs into clear, actionable requirements.
  • In-depth functional and/or industry knowledge; financial services experience required.
  • Excellent written and verbal communication skills with the ability to engage and influence stakeholders.
  • Ability to operate independently while managing multiple priorities across initiatives.
  • High adaptability and effectiveness in environments with change and ambiguity.
Experience & Qualifications
  • Bachelor's degree or equivalent experience.
  • 5-10 years of experience as a Business Analyst, preferably in financial services.
  • Experience supporting large, cross-functional initiatives or transformation programs.
  • Proven ability to work effectively across business and technology teams.
  • This role is ideal for a seasoned business analyst who enjoys working at the intersection of strategy, execution, and technology to deliver meaningful transformation outcomes in enterprise-wide transformation initiatives.
Salary Range:
$83,100 - 141,300 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Work Authorization
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).
Working with Us
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.
Philanthropy is deeply rooted in Northern Trust's history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.
Reasonable Accommodation
Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com , or alternatively you can discuss your individual requirements with the recruiter you are working with.

What Northern Trust employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply