Insurance Analyst Jobs in Illinois
Insurance Analyst jobs in Illinois are active across a wide seniority range, from entry-level associates through senior analysts, with the strongest demand concentrated in property and casualty, health insurance, and commercial lines. Chicago anchors the market and draws hiring from major carriers and consultancies, while Bloomington and Schaumburg also generate steady openings from the large insurance headquarters based there. Employers such as State Farm, Allstate, and Zurich North America have long maintained significant Illinois operations and consistently hire for actuarial support, underwriting analysis, and claims analytics roles. Find a role that fits below and apply directly.
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Locations: Hybrid, with offices in Atlanta, Chicago, Hartford, New York, Philadelphia, St. Louis
Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity. We will only consider candidates who are currently authorized to work in the United States and who will not require sponsorship now or in the future. Please note: student visas, CPT, OPT, H-1B, TN, and other temporary work authorizations are considered restricted forms of employment eligibility. Once these expire, the candidate must be able to present another valid form of work authorization.
The Company
Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance.
Create a career that goes in the direction you choose. Get to know opportunity.
The Business
Create your future. Our Insurance Consulting and Technology business helps our clients in the insurance industry improve business performance. We use our deep analytical skills to solve practical business problems, applying the latest techniques and software solutions to help clients measure and manage risk and capital, grow revenue and create competitive advantage.
Explore an opportunity. As an actuarial analyst in our Life division, you will work as part of a team on a wide variety of complex projects spanning product development, financial and risk management, financial modeling and software implementation, and mergers and acquisitions for insurance companies. Our clients demand leading edge products and expertise; as an analyst with our firm you can expect to gain tremendous exposure to many different aspects of insurance operations and learn practical skills working directly with credentialed actuaries.
Love your work. You will work side-by-side with some of the industry’s top consultants while you develop cutting edge technical knowledge and skills and gain experience working with a variety of clients across industries. As part of your role, you will:
- Assist with the pricing, valuation and development of insurance products
- Work to develop financial projections of clients’ insurance business
- Follow the firm’s Excellence guidelines
- Seek and participate in key learning and development opportunities/maintain steady progress towards actuarial credentials
- Build strong relationships internally and with client representatives
- Document, review and present your own work
- Assist in creating detailed project plans
- Monitor project progress against deadlines and budget
Qualifications
- Able to work legally in the United States indefinitely and without Visa sponsorship
- Completion within the next year of a bachelor’s or master’s degree in actuarial science, mathematics, statistics, finance or any other major with significant quantitative course work with a minimum overall GPA of 3.0
- Successful completion of one or more actuarial exams highly preferred
- Work or extracurricular experience that demonstrates strong technical and/or client service skills and leadership skills (actuarial internship preferred)
- Excellent oral and written communication skills
- Strong computer skills and proficiency in Microsoft Office, particularly Excel; additional programming/software skills preferred
- Accepting applications from candidates that graduate with a Bachelor’s or Master’s degree between May 2026 through June 2027
Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).
Compensation:
The base salary compensation range being offered for this role is $7579,000– $95,000 USD, depending on exam progress and experience. This role is also eligible for an annual short-term incentive bonus.
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
- Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
- Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off (Washington State only)
- Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).
WTW Work Flex:
At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a” hybrid” style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution.
We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.
Recruiting tips:
WTW specializes in preparing for the unknown. Here’s how to get ready for the big day: https://careers.wtwco.com/hints-and-tips/
Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records
We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email candidate.helpdesk@willistowerswatson.com.
This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.
EOE, including disability/vets
Description
Locations: Hybrid, with offices in Atlanta, Chicago, Hartford, New York, Philadelphia, St. Louis
Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity. We will only consider candidates who are currently authorized to work in the United States and who will not require sponsorship now or in the future. Please note: student visas, CPT, OPT, H-1B, TN, and other temporary work authorizations are considered restricted forms of employment eligibility. Once these expire, the candidate must be able to present another valid form of work authorization.
The Company
Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance.
Create a career that goes in the direction you choose. Get to know opportunity.
The Business
Create your future. Our Insurance Consulting and Technology business helps our clients in the insurance industry improve business performance. We use our deep analytical skills to solve practical business problems, applying the latest techniques and software solutions to help clients measure and manage risk and capital, grow revenue and create competitive advantage.
Explore an opportunity. As an actuarial analyst in our Life division, you will work as part of a team on a wide variety of complex projects spanning product development, financial and risk management, financial modeling and software implementation, and mergers and acquisitions for insurance companies. Our clients demand leading edge products and expertise; as an analyst with our firm you can expect to gain tremendous exposure to many different aspects of insurance operations and learn practical skills working directly with credentialed actuaries.
Love your work. You will work side-by-side with some of the industry’s top consultants while you develop cutting edge technical knowledge and skills and gain experience working with a variety of clients across industries. As part of your role, you will:
- Assist with the pricing, valuation and development of insurance products
- Work to develop financial projections of clients’ insurance business
- Follow the firm’s Excellence guidelines
- Seek and participate in key learning and development opportunities/maintain steady progress towards actuarial credentials
- Build strong relationships internally and with client representatives
- Document, review and present your own work
- Assist in creating detailed project plans
- Monitor project progress against deadlines and budget
Qualifications
- Able to work legally in the United States indefinitely and without Visa sponsorship
- Completion within the next year of a bachelor’s or master’s degree in actuarial science, mathematics, statistics, finance or any other major with significant quantitative course work with a minimum overall GPA of 3.0
- Successful completion of one or more actuarial exams highly preferred
- Work or extracurricular experience that demonstrates strong technical and/or client service skills and leadership skills (actuarial internship preferred)
- Excellent oral and written communication skills
- Strong computer skills and proficiency in Microsoft Office, particularly Excel; additional programming/software skills preferred
- Accepting applications from candidates that graduate with a Bachelor’s or Master’s degree between May 2026 through June 2027
Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).
Compensation:
The base salary compensation range being offered for this role is $7579,000– $95,000 USD, depending on exam progress and experience. This role is also eligible for an annual short-term incentive bonus.
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
- Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
- Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off (Washington State only)
- Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).
WTW Work Flex:
At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a” hybrid” style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution.
We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.
Recruiting tips:
WTW specializes in preparing for the unknown. Here’s how to get ready for the big day: https://careers.wtwco.com/hints-and-tips/
Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records
We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email candidate.helpdesk@willistowerswatson.com.
This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.
EOE, including disability/vets
See All 5 Insurance Analyst Jobs in Illinois
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Find Insurance Analyst JobsInsurance Analyst Jobs by City in Illinois
Where Illinois roles are concentrated, by current openings.
Insurance Analyst Job Market in Illinois
A snapshot from current Illinois openings, updated as new roles post.
Who's Hiring
What Illinois Employers Look For
The qualifications that appear most often in insurance analyst jobs across Illinois.
- Active Illinois Department of Insurance registration or relevant producer license where applicable
- Bachelor's degree in finance, mathematics, economics, or a related analytical field
- Proficiency in data analysis tools such as Excel, SQL, or Power BI
- Experience interpreting insurance policies, claims data, or actuarial reports
- Strong written communication skills for regulatory filings and internal reporting
- Progress toward or completion of CPCU, ARe, or equivalent insurance designation
Insurance Analyst Jobs in Illinois: Frequently Asked Questions
How do you become an insurance analyst in Illinois?
Most insurance analyst roles in Illinois require a bachelor's degree in finance, mathematics, statistics, or economics, followed by experience in insurance operations or analytics. Analysts working in roles that involve advising on or placing coverage may need a license issued through the Illinois Department of Insurance, which administers producer licensing exams. Many employers also expect progress toward designations such as the CPCU, which is recognized across Illinois carriers and brokerages as a professional benchmark.
Which companies hire insurance analysts in Illinois?
Employers hiring insurance analysts in Illinois right now include WTW, TransUnion, and Pekin Insurance, based on current listings on Migrate Mate as of September 2026. Illinois is home to several major insurance headquarters, so hiring tends to be concentrated among carriers and brokerages with long-standing Illinois operations rather than regional branch offices.
Which Illinois cities have the most insurance analyst jobs?
Chicago, Springfield, and Pekin have the most insurance analyst openings in Illinois. Chicago drives the largest share of listings through its dense concentration of carriers, brokerages, and financial services firms, while Bloomington and Schaumburg draw significant hiring from the major insurance company headquarters anchored there, making smaller metros meaningful job markets in their own right.
Are there remote insurance analyst jobs in Illinois?
Yes, and more than many fields, since insurance analysis is primarily a desk and data-driven role with few requirements for physical presence. About 100% of insurance analyst openings tied to Illinois are remote or hybrid as of September 2026, reflecting how broadly carriers have adopted flexible work arrangements. Roles focused on data modeling, reserving, and regulatory reporting tend to be the most consistently remote.
How can I get hired as an insurance analyst in Illinois with little or no experience?
The most realistic entry path is applying to analyst associate or underwriting trainee programs at large Illinois-based carriers such as State Farm or Allstate, both of which run structured new-graduate programs out of their Illinois operations. Candidates coming from adjacent roles in accounting, financial analysis, or claims coordination are frequently considered for lateral moves into analyst titles. Earning even a partial CPCU designation or completing a relevant internship at an Illinois brokerage gives applicants a clear edge over those with only a degree.
Where can I find and apply to insurance analyst jobs in Illinois?
You can find and apply to insurance analyst jobs in Illinois on Migrate Mate, which lists current Illinois openings from carriers, brokerages, and consultancies across the state. Find roles that fit your experience and specialty, then apply directly to each listing without creating a profile or going through a third-party platform.
See All 5 Insurance Analyst Jobs in Illinois
Find roles in Illinois that match your experience and apply in just a few clicks.
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