Life Insurance Jobs in Chicago, Illinois

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Looking for Life Insurance jobs in Chicago, Illinois? Browse our curated listings with transparent salary information to find the perfect Life Insurance position in the Chicago, Illinois area.

Consultant, Comparative Analytics

Company: Strata Decision Technology

Location: Chicago, IL

Posted Jan 31, 2025

The job posting is for a Comparative Analytics Consultant role in healthcare. The successful candidate will work with healthcare organizations to implement, optimize, and provide advisory services for Strata's financial and operational benchmarking software solution. Key responsibilities include working with a team to implement the software, defining user requirements, configuring the system, leading customer training, communicating with team members, contributing to growth projects, collaborating with other solution consultants, and using SQL, Excel, and Strata tools. The ideal candidate should have a data-driven mindset, relevant experience, strong customer service skills, understanding of financial concepts, ability to adapt to new challenges, self-motivation, and willingness to travel. Additional points for professional or academic background in SQL, healthcare finance experience, setting productivity standards, and software implementation experience. The company values collaboration, continuous learning, and diversity, with a focus on inclusion and equity.

Frequently Asked Questions

What are typical salary ranges by seniority in Life Insurance tech roles?
Entry‑level Actuarial Analysts earn $70k–$90k; mid‑level analysts $90k–$120k; senior analysts or data scientists $120k–$160k; directors and VP‑level roles range $160k–$220k, often with bonus and equity components.
What skills and certifications are required?
Actuarial exams (SOA/ CAS), CPCU, or CFA; proficiency in SAS, R, Python, SQL; data visualization with Tableau or Power BI; Salesforce and API integration for underwriting; knowledge of Solvency II, Dodd‑Frank, and ESG reporting frameworks.
Is remote work available for Life Insurance tech positions?
Yes—many firms offer fully remote or hybrid models for analytics, software engineering, and product roles. Typical policies allow 3–5 remote days per week, with optional in‑office meetings for cross‑functional collaboration.
What career progression paths exist in Life Insurance tech?
Start as an Actuarial Analyst or Data Scientist, advance to Senior Analyst or Automation Engineer, then to Manager or Lead Analyst, followed by Director of Analytics or VP of Technology, and ultimately Chief Data Officer or Chief Actuary.
What industry trends are shaping Life Insurance tech?
AI‑driven underwriting, real‑time pricing engines, micro‑insurance platforms, ESG risk modeling, regulatory tech (RegTech) for compliance, automated claims processing, and blockchain for policy lifecycle management.

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