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Life Insurance Management Jobs in Chicago, IL (NOW HIRING)

The life insurance industry is changing fast. Millions of families are still uninsured or ... and manage your own book of business • Grow through training, mentorship, and leadership ...

Life Insurance Agent

Chicago, IL · Remote

$50K - $100K/yr

Familiarity with CRM platforms is helpful. You know how to build rapport and trust with clients ... This role does require a Life and Health Insurance License, but don't worry--we'll help you obtain ...

Life Insurance Agent

Chicago, IL · On-site

$50K - $100K/yr

Familiarity with CRM platforms is helpful. You know how to build rapport and trust with clients ... This role does require a Life and Health Insurance License, but don't worry-we'll help you obtain ...

Remote Insurance Representative | Flexible Schedule | Commission-Based This position offers flexible work hours and clear paths for advancement into leadership and management. You will work remotely ...

Remote Insurance Representative | Flexible Schedule | Commission-Based This position offers flexible work hours and clear paths for advancement into leadership and management. You will work remotely ...

Remote Life Insurance Agent

Gary, IN · Remote

$69K - $150K/yr

Remote Insurance Representative | Flexible Schedule | Commission Only This position offers flexible work hours and clear paths for advancement into leadership and management. You will work remotely ...

Remote Life Insurance Agent

Aurora, IL · Remote

$69K - $150K/yr

Remote Insurance Representative | Flexible Schedule | Commission Only This position offers flexible work hours and clear paths for advancement into leadership and management. You will work remotely ...

Remote Life Insurance Agent

Elgin, IL · Remote

$69K - $150K/yr

Remote Insurance Representative | Flexible Schedule | Commission Only This position offers flexible work hours and clear paths for advancement into leadership and management. You will work remotely ...

Remote Life Insurance Agent

Elgin, IL · Remote

$69K - $150K/yr

Remote Insurance Representative | Flexible Schedule | Commission-Based This position offers flexible work hours and clear paths for advancement into leadership and management. You will work remotely ...

Remote Insurance Representative | Flexible Schedule | Commission-Based This position offers flexible work hours and clear paths for advancement into leadership and management. You will work remotely ...

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Showing results 1-20

Life Insurance Management information

See Chicago, IL salary details

$31.4K

$90.8K

$135.5K

How much do life insurance management jobs pay per year?

As of Sep 6, 2026, the average yearly pay for life insurance management in Chicago, IL is $90,771.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,700.00 and $103,000.00 per year, depending on experience, location, and employer.

What is life insurance management?

Life insurance management refers to the processes and activities involved in overseeing life insurance policies and portfolios. This includes underwriting, policy issuance, premium collection, claims processing, customer service, compliance, and risk assessment. Effective life insurance management ensures that policyholders' needs are met, policies are maintained, and legal and financial obligations are fulfilled. It also involves using technology and data analysis to streamline operations and improve decision-making. Life insurance managers play a crucial role in ensuring the smooth operation and profitability of life insurance companies.

What are the key skills and qualifications needed to thrive in life insurance management?

To thrive in Life Insurance Management, you need a thorough understanding of insurance products, risk assessment, regulatory compliance, and often a degree in finance, business, or a related field. Familiarity with insurance management software, CRM systems, and relevant certifications such as Chartered Life Underwriter (CLU) or LIMRA training is typically required. Strong communication, problem-solving, and leadership skills are essential for managing teams and building client relationships. These skills and qualifications are crucial for ensuring efficient operations, compliance, and sustained business growth in a highly regulated industry.

What are some typical challenges faced in life insurance management, and how can professionals effectively address them?

Professionals in Life Insurance Management often encounter challenges such as staying up-to-date with regulatory changes, managing client expectations, and handling complex policy portfolios. To address these issues, effective communication with clients and team members is essential, as is maintaining a strong understanding of evolving industry regulations and products. Additionally, leveraging technology to streamline administrative tasks and regularly participating in professional development can help managers stay ahead in this dynamic field.

What is the difference between Life Insurance Management vs Life Insurance Underwriting?

AspectLife Insurance ManagementLife Insurance Underwriting
Primary RoleOversees overall insurance operations, strategy, and team managementEvaluates individual applications to determine risk and policy approval
Required CredentialsTypically requires management experience, industry knowledge, and sometimes advanced degreesRequires actuarial certifications or underwriting licenses
Work EnvironmentOffice-based, leadership, and strategic planningAnalytical, detail-oriented, often in an office setting
Industry UsageUsed across insurance companies for leadership rolesCommonly used in insurance companies for application assessment

While Life Insurance Management focuses on overseeing insurance operations and strategy, Life Insurance Underwriting concentrates on assessing individual risks to approve or deny policies. Both roles require industry knowledge, but management emphasizes leadership, whereas underwriting emphasizes risk analysis and certification.

Is life insurance management a stable career?

Life insurance management is generally considered a stable career due to the ongoing demand for insurance products and the industry's regulatory environment. Success often depends on strong sales skills, industry knowledge, and maintaining client relationships, which can lead to consistent employment opportunities.

What are popular job titles related to Life Insurance Management jobs in Chicago, IL?

For Life Insurance Management jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Life Insurance Management jobs in Chicago, IL look for?

The top searched job categories for Life Insurance Management jobs in Chicago, IL are:

Infographic showing various Life Insurance Management 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 89% Physical, 2% Hybrid, and 9% Remote job distribution, with an average salary of $90,771 per year, or $43.6 per hour.

Life Insurance Specialist

PSI Groups

Chicago, IL • On-site

Other

Posted 6 days ago


Job description

Sales professionals: this may be one of the most overlooked opportunities in financial services.


The life insurance industry is changing fast.


Millions of families are still uninsured or underinsured. Thousands of experienced agents are retiring. At the same time, more clients are looking for simple, honest guidance from professionals they can trust.


That creates a major opportunity for the right salespeople.


PSI Groups — backed by Integrity Marketing Group — is looking for motivated, coachable sales professionals who want to build a serious career in life insurance and financial services.


This is a fit for someone who:


• Has strong communication skills

• Is comfortable talking with people

• Wants performance-based income

• Can follow a proven system

• Is willing to get licensed

• Wants mentorship, leadership development, and long-term growth


What you will do:


• Connect with families looking for protection

• Learn how to run professional financial conversations

• Present life insurance solutions virtually or in person

• Build and manage your own book of business

• Grow through training, mentorship, and leadership development


This is not a clock-in, clock-out sales role.


It is a commission-based opportunity for people who want their effort, discipline, and skill set to directly impact their income and career growth.


Remote options are available. Training is provided. Licensing support is available.


If you are looking for more than another sales job — and you are ready to build something with real long-term potential — click Apply and visit our careers page or click here https://www.psigroups.net/careers


We will walk you through the opportunity, the licensing process, and determine if it is the right fit.


100% Remote Options | Commission-Based | U.S. Only


#SalesCareers #RemoteSales #FinancialServices #LifeInsurance #CareerOpportunity #LeadershipDevelopment #PSIGroups #IntegrityMarketing