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.

Application Engineer (AbInitio)

Company: Discover

Location: Chicago, IL

Posted Jan 26, 2025

Discover is offering a job opportunity for an Engineer to join the Business Technology Finance Corporate Services Team. The role involves providing technical design and development leadership for applications that build ETL pipelines for transforming, aggregating, and loading financial data into warehouses for downstream reporting. The successful candidate will be involved in developing AbInitio ETL ExtractTransformLead applications, developing and maintaining data-driven solutions, and ensuring proper data governance policies are followed. The role requires excellent communication skills, the ability to understand business vision and translate it into technical artifacts, and oversight on design and implementation of products. The ideal candidate will have a Bachelor's degree in Computer Science, Engineering, Informatics, Information Security, Information Technology, or a related field, and 3+ years of Information Technology Software Engineering or related experience. Knowledge of Amazon Web Services, Data Warehouse technology, and query languages for relational databases is a plus. Discover offers a competitive total compensation package, including benefits such as Paid Parental Leave, Paid Time Off, 401k Plan, Medical Dental Vision and Health Savings Account, STD Life LTD and AD&D, Recognition Program, Education Assistance, Commuter Benefits, Family Support Programs, and Employee Stock Purchase Plan.

Application Engineer(Splunk/Machine Learning)

Company: Discover

Location: Chicago, IL

Posted Jan 26, 2025

Discover offers a bright future with meaningful work from day one. The company values individuality and encourages growth. The role involves overseeing product design and implementation, analyzing and deploying new features, mentoring junior engineers, and contributing to technology communities. The position requires a Bachelor's degree in a relevant field, 3+ years of experience, and a technical proficiency rating of Competent on the Dreyfus Engineering scale. The base pay ranges from $89,000 to $150,200, with additional incentives. Discover is committed to diversity and inclusion, and offers a range of benefits.

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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