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State Fund Insurance Jobs in Chicago, IL (NOW HIRING)

Fund Accountant I, JNAM

Chicago, IL · On-site

$62K - $77K/yr

Overview of JNAM Jackson National Life Insurance Company(Jackson) offers products, tools, and ... The Company subscribes to and endorses federal and state laws and regulations relating to equal ...

Research of Federal and State securities regulations in connection with fund formations ... In addition to elective benefit options, benefited employees receive firm-paid life insurance, AD&D ...

Research of Federal and State securities regulations in connection with fund formations ... In addition to elective benefit options, benefited employees receive firm-paid life insurance, AD&D ...

Staff I Fund Accountant

Chicago, IL · On-site

$56K - $74K/yr

Dental Insurance * Vision Insurance * 401k Matching * Paid Maternal Leave * Parental Leave ... The Scion Group LLC complies with applicable state and local laws governing nondiscrimination in ...

Staff I Fund Accountant

Chicago, IL · On-site

$68K - $78K/yr

Dental Insurance * Vision Insurance * 401k Matching * Paid Maternal Leave * Parental Leave ... The Scion Group LLC complies with applicable state and local laws governing nondiscrimination in ...

Bank Loan Servicing, Officer

Chicago, IL · On-site

$70K - $122K/yr

The individual will work closely with their mutual fund counterpart, providing Loan related reports ... About State Street What we do. State Street is one of the largest custodian banks, asset managers ...

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Showing results 1-20

State Fund Insurance information

See Chicago, IL salary details

$61.8K

$92.5K

$166.4K

How much do state fund insurance jobs pay per year?

As of Aug 23, 2026, the average yearly pay for state fund insurance in Chicago, IL is $92,476.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,100.00 and $97,300.00 per year, depending on experience, location, and employer.

What is State Fund Insurance?

State Fund Insurance typically refers to a government-operated insurance provider that offers workers' compensation insurance to employers. In many states, such as California, the State Compensation Insurance Fund (State Fund) is a non-profit, public entity that provides coverage for workplace injuries and illnesses. It serves as a safety net, ensuring that businesses—especially those unable to obtain private insurance—can comply with state laws requiring workers' compensation coverage. State Fund Insurance helps protect both employers and employees by providing financial assistance for medical care and lost wages due to work-related incidents.

What are the main challenges faced by professionals working in State Fund Insurance, and how can new hires prepare to address them?

Professionals working in State Fund Insurance often encounter challenges such as navigating complex regulatory requirements, managing high caseloads, and ensuring timely claim processing. New hires can prepare by developing strong organizational and communication skills, staying updated on state-specific regulations, and being proactive in learning company processes and software systems. Collaboration with experienced colleagues and participating in ongoing training programs can also help new team members quickly adapt and excel in this fast-paced environment.

What are the key skills and qualifications needed to thrive as a State Fund Insurance agent, and why are they important?

To thrive as a State Fund Insurance Agent, you need a solid understanding of insurance products, risk assessment, and state regulatory requirements, often supported by a relevant license. Familiarity with customer relationship management (CRM) software, underwriting systems, and digital sales platforms is typically required. Strong interpersonal skills, attention to detail, and effective communication help agents build trust with clients and accurately assess their needs. These skills are vital for ensuring compliance, delivering excellent customer service, and achieving sales goals in a regulated insurance environment.

What is the difference between State Fund Insurance vs Claims Adjuster?

AspectState Fund InsuranceClaims Adjuster
Primary RoleProvides insurance coverage and manages claims for policyholdersInvestigates, evaluates, and settles insurance claims
Required CredentialsInsurance license, knowledge of insurance policiesInsurance license, claims handling certification often preferred
Work EnvironmentOffice-based, insurance company settingField and office-based, insurance companies or third-party administrators
Industry UsageInsurance providers, including state fundsInsurance companies, adjusting firms, government agencies

While both roles operate within the insurance industry, State Fund Insurance professionals focus on providing coverage and managing claims for policyholders, whereas Claims Adjusters investigate and settle individual claims. Understanding these differences helps job seekers identify the right career path within the insurance sector.

What job categories do people searching State Fund Insurance jobs in Chicago, IL look for?

The top searched job categories for State Fund Insurance jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for State Fund Insurance jobs?

Cities near Chicago, IL with the most State Fund Insurance job openings:

Infographic showing various State Fund Insurance job openings in Chicago, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $92,476 per year, or $44.5 per hour.

$62K - $77K/yr

Full-time

Medical, Retirement, PTO

Posted 12 days ago


Job description

If you are an internal associate, please login to Workday and apply through Jobs Hub.
Overview of JNAM
Jackson National Life Insurance Company (Jackson) offers products, tools, and support designed to help Americans plan for a retirement with purpose. Jackson National Asset Management, LLC (JNAM) is the investment manager responsible for selecting and monitoring the external asset managers of the JNL Funds - a series of proprietary mutual funds on the Jackson variable annuity platform - and providing the accounting and administrative services for the Funds. In addition, JNAM directly manages several risk-based multi-strategy fund-of-fund offerings available exclusively through Jackson products.
Working in JNAM Operations
At JNAM, we pursue individuals who exhibit dedication and willingness to learn in a high performing culture. We encourage collaboration and give our associates and leaders the freedom to speak openly and share new ideas. Our values guide our internal conduct and help define meaningful internal and external relationships. We attract and retain talent who believe in our culture and take ownership in delivering results.
As one of Chicago's largest money managers, working at JNAM provides the opportunity to work with complex investment offerings and well-known investment management firms. Our investment partners are selected and monitored through a rigorous due diligence process focused on performance, repeatability, operations, oversight, and fit.
We firmly believe in the "One Jackson" approach:working closely with our parent company and other affiliates to achieve financial goals, while also recognizing our strength lies in the people we employ and communities we serve.
We value our people:
  • Fair pay, pay-for-performance, and competitive benefits
  • Talent development
  • Inclusion & Engagement: Business Resource Associate Groups (BRAGs)
  • Emotional well-being
  • Financial wellness

We value our community:
  • Charitable giving to communities
  • Financial education
  • Associate volunteerism and giving

Job Purpose
Responsible for the day-to-day operations of multiple mutual funds, entering and monitoring general ledger activity, working with internal and external parties to resolve trade, cash and income discrepancies and performing reconciliations with the custodian and sub-advisors as well as various projects assigned.
Essential Responsibilities
  • Accurate and timely calculation of daily Net Asset Values of several mutual funds.
  • Research and resolve cash and security reconciliations to custodian bank using Bloomberg and other resources.
  • Affirm and review security trade activity.
  • Evaluate income and expense accruals.
  • Instruct on short-term investment trades based on available cash.
  • Research security price fluctuations that break tolerance.
  • Prepare monthly reconciliation reports and semi-annual SEC filings.
  • Review peers' transaction journal for accuracy.
  • Contribute to process improvement and control strengthening initiatives, which may involve collaboration with other business units and technology subject matter experts.
  • Assist with coverage of funds as needed.
  • Communicate with outside parties to resolve discrepancies in the funds.

Other Duties
  • Performs other duties and/or projects as assigned.

Knowledge, Skills and Abilities
  • Desire to learn about the financial services industry.
  • Analytical skills that can be used to research issues.
  • Ability to identify and effectively communicate issues affecting assigned funds.
  • Ability to handle multiple tasks and meet stringent deadlines without sacrificing quality.
  • Strong organizational and communication skills.
  • Ability to work both individually and within a team environment.
  • Deadline and detail oriented.
  • Ability to learn and become proficient in job-related software applications preferred.
  • Ability to understand and collaborate on business processes, rules and controls preferred.

Qualifications
  • Bachelor's Degree in a business related field, accounting or finance preferred.
  • Prior mutual fund accounting experience preferred.

Jackson is proud to be an equal opportunity workplace. The Company subscribes to and endorses federal and state laws and regulations relating to equal employment opportunity for all persons without regard to race, color, religion, gender, age, national origin, legally-recognized disability, marital status, legally-protected medical condition, citizenship, ancestry, height, weight, sexual orientation, veteran status, or any other factor not related to the needs of the job. The Company is committed to a policy of equal opportunity. Company facilities and campuses are tobacco-free environments.
Base Pay:
$62,000.00 - $77,000.00. The base salary for this position may vary depending on experience, job-related knowledge, skills, and abilities. In addition to the base salary, this role will be eligible to participate in our annual bonus program. This role will also be eligible for compensated personal time off and holidays, health benefits, 401(k) plan with generous matching and other benefit programs according to the Company's employment policies and subject to the formal terms of such plans and programs.