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Medical Insurance Analyst Jobs in Bolingbrook, IL

... medical, dental, vision, disability and life insurance. Indeedians are able to enroll in our ... analyzing information provided in resumes and applications. Our use of AI does not replace human ...

Sr. Agile Business Analyst

Chicago, IL · On-site

$95K - $123K/yr

Medical insurance and a 401(k) plan is offered to all eligible W2 employees. Technical Skills: Agile, User Stories, Acceptance Criteria, Agile Ceremonies, Business Analysis, Training/ Mentoring ...

Financial Analyst

Chicago, IL · On-site

$70K - $85K/yr

Financial Analyst - Four Seasons HVAC, Plumbing, Electric Location : Bedford, IL (onsite) Salary ... Medical Insurance (employer subsidized) * Accident Insurance * Critical Illness Insurance

Credit Analyst

Rosemont, IL · On-site

$53K - $77K/yr

Credit review and analysis of new and renew small business loans, including but not limited to ... Benefits Medical Insurance • Dental • Vision • Life insurance • Accidental death and ...

Credit Analyst

Rosemont, IL · On-site

$53K - $77K/yr

Credit review and analysis of new and renew small business loans, including but not limited to ... environment Benefits Medical Insurance Dental Vision Life insurance Accidental death and ...

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Medical Insurance Analyst information

See Bolingbrook, IL salary details

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How much do medical insurance analyst jobs pay per hour?

As of Aug 24, 2026, the average hourly pay for medical insurance analyst in Bolingbrook, IL is $23.53, according to ZipRecruiter salary data. Most workers in this role earn between $19.04 and $25.91 per hour, depending on experience, location, and employer.

What does a medical insurance analyst do?

A Medical Insurance Analyst is responsible for reviewing and processing medical insurance claims to ensure accuracy and compliance with policy guidelines. They analyze patient records, verify coverage, and determine the eligibility of claims for payment. Additionally, they communicate with healthcare providers, patients, and insurers to resolve discrepancies or obtain additional information. Their work helps prevent fraudulent claims and ensures that providers and patients receive timely reimbursement.

What are the key skills and qualifications needed to thrive as a medical insurance analyst?

To thrive as a Medical Insurance Analyst, you need a solid understanding of healthcare billing, coding procedures (such as ICD-10 and CPT), and insurance policy analysis, often supported by a relevant degree or certification in health information management. Familiarity with claims management software, electronic health records (EHRs), and regulatory compliance tools is typically required. Attention to detail, analytical thinking, and strong communication skills make candidates stand out in this position. These competencies are crucial for accurately processing claims, preventing errors or fraud, and ensuring effective coordination between healthcare providers and insurers.

How does a medical insurance analyst typically collaborate with healthcare providers and insurance companies?

Medical Insurance Analysts frequently act as a liaison between healthcare providers and insurance companies to ensure accurate claims processing and resolution of discrepancies. They review medical documentation, interpret insurance policies, and communicate with both parties to clarify information or resolve billing issues. This collaboration often involves regular meetings, phone calls, and written correspondence to ensure compliance with regulations and timely reimbursement. Effective teamwork and clear communication are essential in this role to facilitate smooth claim approvals and maintain strong professional relationships.

How much does a medical insurance analyst make?

The average salary for a medical insurance analyst typically ranges from $50,000 to $75,000 per year, depending on experience, location, and certifications. Entry-level positions may start lower, while experienced analysts with specialized skills can earn higher salaries. Many roles also include benefits such as health insurance and professional development opportunities.

What degree do I need to be a medical insurance analyst?

A medical insurance analyst typically needs at least a bachelor's degree in health administration, health informatics, finance, or a related field. Relevant skills include knowledge of healthcare policies, data analysis, and familiarity with insurance billing systems; certifications such as CPC or HCISPP can also enhance job prospects.

What is the role of a medical insurance analyst?

A medical insurance analyst reviews and evaluates insurance claims, policies, and coverage details to ensure accuracy and compliance. They analyze data to identify trends, assist with claims processing, and support the development of insurance policies, often using specialized software and requiring knowledge of healthcare regulations.

What are popular job titles related to Medical Insurance Analyst jobs in Bolingbrook, IL?

For Medical Insurance Analyst jobs in Bolingbrook, IL, the most frequently searched job titles are:

What cities near Bolingbrook, IL are hiring for Medical Insurance Analyst jobs?

Cities near Bolingbrook, IL with the most Medical Insurance Analyst job openings:

Infographic showing various Medical Insurance Analyst job openings in Bolingbrook, IL as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 17% Part Time, and 8% Contract. Highlights an 89% Physical, 1% Hybrid, and 10% Remote job distribution, with an average salary of $48,949 per year, or $23.5 per hour.

Risk and Insurance Analyst

Chicago Public Schools

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 10 days ago


Job description

Chicago Public Schools (CPS) is a district on the rise, serving over 325,000 students in 500+ schools and employing over 45,000 people, most of them teachers. CPS has set ambitious goals to ensure that every student, in every school and every neighborhood, has access to a world-class learning experience that prepares each for success in college, career, and civic life. Aligned with our transformed philosophy, we are steadfastly focused on ensuring that the District provides resources equitably to support every student, every school, and every community. Six core values guide the work we do every day for our students - student-centered, whole child, equity, academic excellence, community partnership, and continuous learning. Each role in the district supports our vision that every student deserves a rigorous, joyful, and equitable learning experience.
The Office of Finance maintains the fiscal integrity of Chicago Public Schools (CPS) and provides financial leadership to the Chicago Board of Education according to state and federal legislation, government regulations, Board policies, and sound financial practices. Under the Treasurer, the Office of Risk Management is responsible for managing the property and casualty exposure of the district's plant and operations through insurance policies, self-insurance, claims administration, and risk transfer via vendor contracts.
Job Summary:
Reporting to the Risk and Insurance Manager, the Risk and Insurance Analyst assists in the administration of various financial and risk management matters for CPS. This position involves collaborating with CPS staff, financial professionals, insurance brokers, and vendors to identify and mitigate operational risks - making a positive impact on the public education system and the students we serve. This is a full-time, exempt position that will be paid for time worked on a salary basis.
The Risk and Insurance Analyst will be held accountable for the following responsibilities:
  • Aid in the compliance review of insurance requirements for CPS vendors, based on the guidelines established by the Office of Risk Management.
  • Oversee the issuance of CPS Certificates of Insurance to vendor partners within established limits for special event contracts.
  • Review and evaluate insurance requirements for license agreements or short-term rental contracts related to the use of CPS property.
  • Monitor and work with CPS Student Transportation vendors by maintaining proper insurance policy details and proof of coverage for ongoing reference.
  • Contribute to the annual organization and gathering of information for CPS's own insurance renewal applications, covering liability, property, and specialty areas.
  • Participate in various Risk Management processes, including contracts review, vendor outreach and communication, relationship management, and reporting.
  • Handle various department-related inquiries, escalate when necessary for further review; maintaining accurate records.
  • Coordinate payments for departmental vendor invoices and other payment responsibilities related to Risk Management.
  • Support the Office of Risk Management to achieve department goals.
  • Other duties as assigned.

In order to be successful and achieve the above responsibilities, the Risk and Insurance Analyst must possess the following qualifications:
Education Required:
  • Bachelor's degree from an accredited college or university, preferably in Business Administration, Finance or Risk Management or similarly related field.

Experience Required:
  • Minimum of (3) years of experience in business administration, finance, risk management, or insurance.

Knowledge, Skills, and Abilities:
  • Strong analytical, financial, and problem-solving skills.
  • Ability to interpret and apply CPS Rules and Policies.
  • Excellent communication skills for effective collaboration with various stakeholders.
  • Proficient in Microsoft Office, with advanced Excel skills.
  • Familiarity with Enterprise Financial Systems (EFS) preferred.
  • Adept user of the internet, email, and other office automation systems.
  • Ability to define problems, analyze data, and outline valid conclusions and action steps.

Benefits:
Health & Wellness: Your Care, Your Choice
CPS is committed to providing comprehensive health coverage to our employees and their eligible dependents. You'll have access to a variety of choices to best fit your needs:
Medical Plan Options
Pharmacy
Dental
Vision
Behavioral Health & EAP
Employee Wellness Program
Financial Security: Planning for Today and Tomorrow
We understand the importance of financial stability, which is why CPS offers strong retirement and savings options:
Basic Life Insurance
Life and Disability Insurance
Pension Plans
Supplemental Retirement Plans (403(b) and 457(b))
Flexible Spending Accounts (FSAs)
Spot Pet Insurance
Work-Life Balance: Supporting Your Personal and Professional Life
CPS values the well-being of its employees and offers competitive paid time off policies:
Paid Leave
Sick Leave
Vacation Days
Parental Leaves
Short-Term Disability
Religious Holidays
Leaves
Reference the Chicago Public Schools: A Comprehensive Benefits Overview or the benefits handbook for comprehensive details.
Conditions of Employment
As a condition of employment with the Chicago Public Schools (CPS), employees are required to:
  • Establish/Maintain Chicago Residency - Employees are required to live within the geographic boundaries of the City of Chicago within six months of their CPS hire date and maintain residency throughout their employment with the district. The Chicago residency requirement does not apply to temporary/part-time positions; however, all CPS employees must be residents of Illinois.