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Numerical Modelling Jobs in Illinois (NOW HIRING)

Liberty Mutual

Senior Underwriter, Energy

Chicago, IL · On-site

$69K - $215K/yr

... data and modelling; set terms, limits, deductibles and reinsurance needs. * Provide portfolio ... The typical starting salary range for this role is determined by a number of factors including ...

Liberty Mutual

Senior Underwriter, Energy

Chicago, IL

$101K - $120K/yr

... data and modelling; set terms, limits, deductibles and reinsurance needs. * Provide portfolio ... The typical starting salary range for this role is determined by a number of factors including ...

Qfanalytics

Machine Learning Engineer

Chicago, IL · On-site

$80 - $120/hr

Responsibilities Apply strong data modelling and statistical skills to develop and implement data ... Manipulate and analyze large datasets, including numerical and categorical data, using appropriate ...

ThyssenKrupp

Product

Danville, IL · On-site

$80K - $90K/yr

... using numerical techniques and perform design for manufacturing; oversee technical assessment of ... 3D modelling and simulation software including Pro-E, Creo, GOM, Altair Hyperworks/Simlab and ...

Uottawa

APTPUO-Fall 2026-MIA5130 (online)

Campus, IL · On-site

$239.47/hr

... 06 Number of credits: 3 Work Hours: 39 Hourly Rate: Enseignement / Teaching: $239.47 (2024-2025 ... modelling complex systems, or improving business processes, with applications in AI, machine ...

Nttlimited

Senior Electrical Engineer

Tennessee, IL · On-site

$104K - $192K/yr

Consults on electrical system modelling using AmpCalc, ETAP, and other electrical design software ... Actual compensation will depend on a number of factors, including the candidate's relevant ...

Northern Trust

Lead, Software Engineering

Chicago, IL · On-site

$108K - $169K/yr

... modelling, testing, debugging, and installation; 3 years of experience with supporting data ... To apply, please visit and enter job requisition number R157522 . Alternatively, please send your ...

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Numerical Modelling information

What is a numerical modelling?

A Numerical Modelling job involves developing and using mathematical models to simulate real-world systems and processes. This typically includes working with computational tools to analyze physical, engineering, or financial problems. Professionals in this role use numerical techniques to solve complex equations and predict outcomes. They often work in industries like engineering, climate science, finance, and aerospace. Strong programming skills and expertise in applied mathematics are essential for success in this field.

What does a numerical modelling do?

Professionals in Numerical Modelling typically spend their days designing, implementing, and troubleshooting mathematical models to simulate real-world phenomena or engineering systems. This often involves coding, running simulations, analyzing large datasets, and interpreting the results to inform decision-making. Collaborating with engineers, scientists, or project managers is common, as model outputs need to be integrated into broader projects or presented to non-technical stakeholders. Additionally, continuous learning and staying current with advanced modelling techniques and software updates are integral to remaining effective in this role.

What are the key skills and qualifications needed for numerical modelling?

To thrive in Numerical Modelling, you require a strong background in mathematics, physics, or engineering, coupled with proficiency in computational methods and data analysis. Experience with programming languages such as Python, MATLAB, or C++, and familiarity with simulation software or relevant certifications in numerical analysis are typically important. Problem-solving skills, attention to detail, and the ability to communicate complex concepts clearly are valuable soft skills in this field. These competencies are critical for developing accurate models, collaborating effectively with interdisciplinary teams, and delivering insights that inform real-world solutions.

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What job categories do people searching Numerical Modelling jobs in Illinois look for? The top searched job categories for Numerical Modelling jobs in Illinois are:
Numerical Modelling jobs near you
Infographic showing various Numerical Modelling job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 14% Part Time, 1% Temporary, 2% Contract, and 2% Nights. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution.

Senior Underwriter, Energy

Liberty Mutual

Chicago, IL • On-site

$69K - $215K/yr

Full-time

Re-posted 25 days ago

Liberty Mutual rating

8.9

Company rating: 8.9 out of 10

Based on 148 frontline employees who took The Breakroom Quiz

48th of 304 rated insurance

Job description


Description

The Senior Underwriter is responsible for underwriting energy accounts independently within delegated authority, making data-driven accept/decline and pricing decisions for complex or high line-size risks across oil & gas, pipelines, power generation and renewables in North America.

Key responsibilities

  • Manage a portfolio of brokers/agents and clients; source and underwrite profitable energy business.
  • Assess technical exposures using loss histories, engineering reports, production/operational data and modelling; set terms, limits, deductibles and reinsurance needs.
  • Provide portfolio analytics and insights to inform pricing, appetite and marketing plans.
  • Maintain senior broker relationships and clearly articulate coverage differences and risk appetite.
  • Collaborate with Claims, Actuarial, Engineering, Legal and UW Support; participate in improvement and product development projects.
  • Mentor junior underwriters and represent the company at industry events.
Qualifications
  • Degree in Business or equivalent typically required
  • A minimum of 2.5 years, typically 3 or more years, of progressive underwriting experience and/or other related experience
  • CPCU or professional insurance designation preferred
  • Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility that includes competence with all phases and aspects of the underwriting process, and proficiency in the use of qualitative and quantitative tools and techniques
  • Must demonstrate comprehension of complex technical underwriting issues and be capable of defining and implementing necessary underwriting and administrative processes/workflows to properly manage or administer those issues
  • Proven track record of developing and underwriting profitable business
About Us

Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.
We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://www.libertymutualgroup.com/about-lm/careers/benefits
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.
Fair Chance Notices

  • California
  • Los Angeles Incorporated
  • Los Angeles Unincorporated
  • Philadelphia
  • San Francisco

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About Liberty Mutual

Sourced by ZipRecruiter

Since 1912, we've grown into the fifth largest global property and casualty insurer based on 2022 gross written premium. We also rank 86 on the Fortune 100 list of largest corporations in the US based on 2022 revenue. ​At Liberty Mutual Insurance we work hard every day to support our customers and our people, so they can protect their families, build their businesses and invest in their futures. We are headquartered in Boston, but our people, our customers and our reach span the globe. So to better serve our global customers and employees, we are organized into three business units.

Industry

Insurance services

Company size

10,000+ Employees

Headquarters location

Boston, MA, US

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