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Mba Insurance Jobs in Illinois (NOW HIRING)

An MBA with an academic or professional background in Economics or Finance, with oil & gas, pipeline, regulatory, or litigation experience. * Excellent foundation in quantitative analysis, and/or ...

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Currently pursuing or recently completed a Master's degree, such as an MBA, MS in Finance, or MS in Economics. * Minimum GPA of 3.5 on a 4.0 scale required (overall or major GPA); academic excellence ...

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Mba Insurance information

See Illinois salary details

$95K

$219.8K

$387.6K

How much do mba insurance jobs pay per year?

As of Sep 4, 2026, the average yearly pay for mba insurance in Illinois is $219,827.00, according to ZipRecruiter salary data. Most workers in this role earn between $164,200.00 and $268,900.00 per year, depending on experience, location, and employer.

How does an MBA Insurance professional collaborate with underwriters and claims adjusters within an insurance company?

Professionals with an MBA in Insurance often work closely with both underwriters and claims adjusters to develop and refine risk assessment strategies, streamline processes, and ensure regulatory compliance. They may analyze data on claims and underwriting outcomes to identify trends and recommend process improvements. Additionally, MBA graduates may act as liaisons between these operational teams and senior management, helping to align departmental strategies with broader business goals. This collaboration helps enhance overall efficiency and improves customer satisfaction within the insurance organization.

What are the key skills and qualifications needed to thrive as an MBA Insurance professional?

To thrive as an MBA Insurance professional, you need a solid understanding of risk management, insurance products, and business strategy, typically supported by an MBA degree and relevant insurance certifications such as CPCU. Familiarity with insurance software, data analytics tools, and regulatory compliance systems is commonly required. Strong analytical thinking, negotiation skills, and relationship management abilities set top performers apart in this field. These skills are vital for evaluating risk, designing effective insurance solutions, and driving business growth in a highly regulated and competitive environment.

What is the difference between Mba Insurance vs Insurance Analyst?

AspectMba InsuranceInsurance Analyst
Required CredentialsTypically an MBA with specialization in Insurance or Risk ManagementBachelor's degree in Finance, Economics, or related field; some roles prefer certifications like CPCU
Work EnvironmentCorporate offices, insurance companies, consulting firmsInsurance companies, brokerage firms, consulting agencies
Industry UsageUsed for managerial, strategic, and leadership roles in insuranceFocused on analyzing insurance policies, risk assessment, and claims

The Mba Insurance is a broader, managerial qualification aimed at leadership roles within the insurance industry, while an Insurance Analyst focuses on data analysis, risk assessment, and policy evaluation. Both roles are integral to the insurance sector but differ in scope and responsibilities.

What are popular job titles related to Mba Insurance jobs in Illinois?

For Mba Insurance jobs in Illinois, the most frequently searched job titles are:

What cities in Illinois are hiring for Mba Insurance jobs?

Cities in Illinois with the most Mba Insurance job openings:

Infographic showing various Mba Insurance job openings in Illinois as of August 2026, with employment types broken down into 100% Full Time. Highlights an 80% In-person, and 20% Remote job distribution, with an average salary of $219,827 per year, or $105.7 per hour.

MBA Intern, Corporate Finance - Summer 2027

Medline

Northfield, IL • On-site

$92K - $138K/yr

Other

Retirement, PTO

Posted 28 days ago


Medline Industries rating

7.5

Company rating: 7.5 out of 10

Based on 253 frontline employees who took The Breakroom Quiz

228th of 545 rated manufacturers


Job description

Job Summary With over 50 years of consecutive growth, Medline has more than 43,000 employees worldwide and business in over 125 countries. Recently named one of the nation’s "Best and Brightest Companies to Work For,” we have a state-of-the-art headquarters in Northfield, IL, and a dynamic city office at the Merchandise Mart in downtown Chicago. We are proud to offer opportunities for those who are curious, collaborative, and ready to make an impact. The healthcare landscape is evolving rapidly, and our customers rely on us for solutions backed by smart, data-driven thinking. Medline’s MBA Internship Program offers MBA students a unique opportunity to contribute meaningfully while developing the analytical and leadership skills needed to grow their careers in a fast-paced, collaborative environment. The Finance MBA Intern partners with business and finance leaders to analyze complex business challenges, evaluate financial and operational performance, and develop recommendations that drive strategic decision-making. During this 12-week internship, the intern will contribute to initiatives such as financial planning and analysis (FP&A), corporate development, business intelligence, strategic finance, capital allocation, cost optimization, and performance analytics. The role requires strong analytical capabilities, business acumen, and the ability to influence stakeholders through data-driven insights and professional communication Job Description Internship Responsibilities: Intern responsibilities will vary based on functional placement, but typical responsibilities include: Use quantitative analysis, financial modeling, and business insights to evaluate performance, identify opportunities, and solve complex problems. Demonstrates curiosity and a structured approach to decision-making. Assesses financial and business risks, evaluates tradeoffs, and develops thoughtful recommendations supported by data. Exercise discretion when managing confidential or sensitive information. Develop and present actionable recommendations to cross-functional stakeholders Support strategic initiatives, process improvements, or cost-savings efforts Collaborate with teams across Sales, Operations, Product Management, Finance, and more to solve real business problems Prepare leadership-ready presentations or reports to share findings Qualifications: Currently pursuing an MBA degree 3+ years of professional business experience in Finance or related field Strong analytical and problem-solving skills; comfort working with data Ability to establish and maintain relationships with individuals at all levels of the organization, in the business community & with vendors along with preferred negotiation experience Demonstrated ability to present to senior management with the purpose of influencing decisions Medline Industries, LP, and its subsidiaries, offer a competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization. The anticipated salary range for this position: $92,000.00 - $138,000.00 Annual The actual salary will vary based on applicant’s location, education, experience, skills, and abilities. Medline will not pay less than the applicable minimum wage or salary threshold. Our benefit package includes 401(k) contributions, paid time off, as well as access to the Employee Assistance Program, Employee Resource Groups and the Employee Service Corp for interns and temporary roles. We’re dedicated to creating a Medline where everyone feels they belong and can grow their career. We strive to do this by seeking diversity in all forms, acting inclusively, and ensuring that people have tools and resources to perform at their best. Explore our Belonging page here. Medline Industries, LP is an equal opportunity employer. Medline evaluates qualified individuals without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, age, disability, neurodivergence, protected veteran status, marital or family status, caregiver responsibilities, genetic information, or any other characteristic protected by applicable federal, state, or local laws.

What Medline Industries employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


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About Medline

Sourced by ZipRecruiter

Medline Industries, LP is the leading nationwide supplier of medical, surgical and pharmaceutical products to hospitals, nursing homes, HME providers, surgery centers, physician offices and home care/hospice settings.

Industry

Medical equipment and supplies manufacturing

Company size

10,000+ Employees

Headquarters location

Winnetka, IL, US

Year founded

1966