Trainee Geopolitical Risk Analyst Jobs in Illinois

Job Requisition ID: 58058 Opening Date: 08/07/2026Closing Date: 08/21/2026Agency: Department of InsuranceClass Title: INSURANCE CO FINANCIAL EXMNR TRN (21610) Skill Option: None Bilingual Option: NoneSalary: $4,922 - $6,762 (Anticipated starting salary $4,922/CBA Language applies)Job Type: SalariedCategory: Full Time County: SangamonNumber of Vacancies: 1Bargaining Unit Code: RC062 Technical Employees, AFSCMEMerit Comp Code:
This position is a union position; therefore, provisions of the relevant collective bargaining agreement/labor contract apply to the filling of this position.
All applicants who want to be considered for this position MUST apply electronically through the illinois.jobs2web.com website. State of Illinois employees should click the link near the top left to apply through the SuccessFactors employee career portal.
Applications submitted via email or any paper manner (mail, fax, hand delivery) will not be considered.
Why Work for Illinois?
Working with the State of Illinois is a testament to the values of compassion, equity, and dedication that define our state. Whether you're helping to improve schools, protect our natural resources, or support families in need, you're part of something bigger-something that touches the lives of every person who calls Illinois home.
No matter what state career you're looking for, we offer jobs that fit your life and your schedule-flexible jobs that provide the gold standard of benefits. Our employees can take advantage of various avenues to advance their careers and realize their dreams. Our top-tier benefits and great retirement packages can help you build a rewarding career and lasting future with the State of Illinois.
Position Overview
The Illinois Department of Insurance is seeking to hire an Insurance Company Financial Examiner Trainee. Under immediate supervision, for a period of up to twelve months, this position receives training and work assignments to develop knowledge, understanding, skills, and abilities required to review and analyze insurance companies and insurance group holding companies per established procedures and guidelines. We invite all qualified applicants to apply.
Essential Functions
• Under immediate supervision, receives instruction and on-the-job training, for a period of up to twelve months, in the review and analysis of insurer filings under review, including Own Risk and Solvency Assessment (ORSA), Corporate Governance Annual Disclosure (CGAD) and Group Capital Calculation (GCC) filings and financial statements and non-financial documents and records, per the current agency established procedures and guidelines.
• Completes a variety of assignments in the application of auditing and accounting techniques, including the analysis of the company's financial and non-financial documents.
• Assists Group Supervision analysts and specialists in various aspects of analysis.
• Receives instruction in reviewing various contracts and holding company filings.
• Completes agency training assignments or other formal training designed to develop and enhance knowledge of the analysis process, the operations of insurance companies and all applicable law, rules, regulations, and current accounting practices.
• Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above.
Minimum Qualifications
• Requires a bachelor's degree with coursework in accounting, business, economics, finance, insurance, information technology, risk management, or a closely related field.
Preferred Qualifications
• Prefers elementary knowledge of business administration practices as related to insurance companies.
• Prefers elementary knowledge of how the insurance industry is utilizing technology and the risks created through the use of that technology.
• Prefers ability to successfully complete on-the-job training assignments for the analysis of insurance companies.
• Prefers one (1) year of work experience preparing documentation and reports of analysis findings in a logical and concise manner.
• Prefers ability to learn and retain knowledge of the Illinois Insurance Code and all applicable laws, rules, regulations, and current accounting practices the govern the insurance industry.
• Prefers elementary knowledge of the structure, operation, and management of insurance companies.
• Prefers ability to establish effective working relationships with agency staff and insurance company officials and representatives.
• Prefers ability to perform duties in a professional, efficient, and ethical manner and to maintain the confidentiality of the company's information that is obtained during the analysis process.
Conditions of Employment
• Requires the ability to pass a background check.
• Requires ability to travel in the performance of duties, with overnight stays as appropriate.
• The conditions of employment listed here are incorporated and related to any of the job duties as listed in the job description.
About the Agency
The Department of Insurance (DOI) regulates the insurance market in the State of Illinois including, but not limited to, licensing and educating insurance agents, investigating Workers Compensation fraud, and examining the operations and finances of insurance companies domiciled in the state. We are committed to protecting consumers and regulating the insurance industry with innovation and efficiency. DOI has approximately 220 employees who are split between our Chicago and Springfield offices.
State of Illinois employees enjoy a robust benefit package, including:

• Health, Life, Vision, and Dental Insurance
• 13 Paid Holidays annually, 14 on even numbered years
• 10-25 days of Paid Vacation time annually - (10 days in year one of employment)
• 12 Paid Sick Days annually (sick days carry over from year to year)
• 12 Weeks Paid Maternity/Paternity Leave
• 3 Paid Personal Days annually
• Pension Plan
• Deferred Compensation Program and other pre-tax benefit programs (Medical/Daycare)
• Flexible work schedules may be available, dependent upon position
• Tuition Reimbursement Program and Federal Public Service Loan Forgiveness Program eligibility

Visit https://www2.illinois.gov/cms/benefits/Pages/default.aspx for more information about our benefits.
Work Hours: M-F; 8:00am-4:30pm

• Requires the ability to report to the work location during work hours

Headquarter Location: 320 W Washington St, Springfield, Illinois, 62767
Work County: Sangamon
Agency Contact Email: DOI.HR@illinois.gov
Posting Group: Legal, Audit & Compliance
This position DOES NOT contain "Specialized Skills" (as that term is used in CBAs).
APPLICATION INSTRUCTIONS
Use the "Apply" button at the top right or bottom right of this posting to begin the application process.
If you are not already signed in, you will be prompted to do so.
State employees should sign in to the career portal for State of Illinois employees - a link is available at the top left of the Illinois.jobs2web.com homepage in the blue ribbon.
Non-State employees should log in on the using the "View Profile" link in the top right of the Illinois.jobs2web.com homepage in the blue ribbon. If you have never before signed in, you will be prompted to create an account.
If you have questions about how to apply, please see the following resources:
State employees: Log in to the career portal for State employees and review the Internal Candidate Application Job Aid
Non-State employees: on Illinois.jobs2web.com - click "Application Procedures" in the footer of every page of the website.
The main form of communication will be through email. Please check your "junk mail", "spam", or "other" folder for communication(s) regarding any submitted application(s). You may receive emails from the following addresses:

• donotreply@SIL-P1.ns2cloud.com
• systems@SIL-P1.ns2cloud.com