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Assistant Risk Manager Jobs in Illinois (NOW HIRING)

Endeavor Health

Clinical Risk Manager

Wilmette, IL · On-site

$42.54 - $65.94/hr

Address and assist the Compliance team with the mitigation of mitigating compliance issues as necessary. * Analyzing data related to risk management, incidents, and claims to identify trends and ...

Endeavor Health

Clinical Risk Manager

Glenview, IL · On-site

$42.54 - $65.94/hr

Address and assist the Compliance team with the mitigation of mitigating compliance issues as necessary. * Analyzing data related to risk management, incidents, and claims to identify trends and ...

NorthShore

Clinical Risk Manager

Chicago, IL · On-site

$42.54 - $65.94/hr

Address and assist the Compliance team with the mitigation of mitigating compliance issues as necessary. * Analyzing data related to risk management, incidents, and claims to identify trends and ...

Endeavor Health

Clinical Risk Manager

Evanston, IL · On-site

$42.54 - $65.94/hr

Address and assist the Compliance team with the mitigation of mitigating compliance issues as necessary. * Analyzing data related to risk management, incidents, and claims to identify trends and ...

Amazon

Risk Manager III - AMZ19105.3

Chicago, IL · On-site

$142.21K - $163.90K/yr

Chicago, IL Multiple Positions Available: 1. Support the execution of governance and compliance activities for AI and machine learning (ML) risk models. 2. Assist in managing AI/ML risk management ...

AbbVie

Risk Management Lead - Hybrid

North Chicago, IL · On-site

$124.50K/yr

The Risk Management Lead is the risk management subject matter expert for study execution and ... Assist the study team to define Key Risk Indicators (KRIs), both AbbVie standard and study ...

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How much do assistant risk manager jobs pay per year?

As of May 28, 2026, the average yearly pay for assistant risk manager in Illinois is $62,725.00, according to ZipRecruiter salary data. Most workers in this role earn between $36,415.00 and $78,973.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Assistant Risk Manager, and why are they important?

To thrive as an Assistant Risk Manager, you need strong analytical skills, attention to detail, and a degree in finance, business, or a related field. Familiarity with risk management software, data analysis tools like Excel, and relevant certifications such as ARM (Associate in Risk Management) are typically required. Excellent communication, problem-solving abilities, and teamwork help you effectively assess risks and collaborate with stakeholders. These skills ensure accurate risk identification, mitigation, and the safeguarding of organizational assets.

How does an Assistant Risk Manager typically collaborate with other departments to identify and mitigate risks?

An Assistant Risk Manager frequently works cross-functionally, partnering with departments such as finance, operations, and compliance to identify potential risks and develop mitigation strategies. This role often involves gathering information from various teams, facilitating risk assessments, and ensuring that all departments understand and adhere to risk management policies. Collaboration may include regular meetings, joint projects, and providing training or support to help other teams recognize and address emerging risks. Strong communication and interpersonal skills are essential for building effective relationships and fostering a culture of risk awareness throughout the organization.

What does an Assistant Risk Manager do?

An Assistant Risk Manager helps organizations identify, assess, and minimize potential risks that could affect their operations or financial stability. Their responsibilities typically include conducting risk assessments, analyzing data, assisting in the development of risk management policies, and helping to implement risk mitigation strategies. They work closely with other departments to ensure compliance with regulations and to support the overall risk management framework. This role often involves preparing reports, supporting insurance processes, and staying up to date on industry best practices to protect the organization from potential loss.
What are the most commonly searched types of Risk Manager jobs in Illinois? The most popular types of Risk Manager jobs in Illinois are:
What are popular job titles related to Assistant Risk Manager jobs in Illinois? For Assistant Risk Manager jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Assistant Risk Manager jobs in Illinois look for? The top searched job categories for Assistant Risk Manager jobs in Illinois are:
Assistant Risk Manager jobs near you
Associate Risk Manager

Associate Risk Manager

Northwestern University

Evanston, IL • On-site

$9/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 21 days ago

Northwestern University rating

8.3

Company rating: 8.3 out of 10

Based on 45 frontline employees who took The Breakroom Quiz

92nd of 528 rated colleges and universities

Job description

Department: Risk Management
Salary/Grade: EXS/9
The expected salary for this position is between $78,000-$85,000 per year, in alignment with departmental equity and market data.
Job Summary:
The Associate Risk Manager works independently to help manage Northwestern's insurance and risk finance programs, including supporting annual reporting and auditing requirements for Northwestern's captive insurance program. The Associate Risk Manager will support insurance claims and risk management activities of the University's various self-insured property and casualty insurance programs. The role will also be responsible for overseeing the administration of additional services offered by the department to members of the University community, including but not limited to special event management and certificates of insurance. The role will also handle primary day-to-day insurance needs and oversee the creation, production, and management of key metrics and tools used to assess risk appetite and measure insurance program performance. The incumbent should demonstrate close attention to detail, excellent customer service, and an aptitude for learning various software platforms and systems.
Specific Responsibilities:
Captive Administration:
  • Supports and helps oversee the annual financial audit processes and actuarial assessments, providing relevant documentation to CPAs and auditors as requested.
  • Manages required transactions and reconciliations to ensure management of captive finances in accordance with accounting standards.
  • Assists with managing the captive annual calendar, working with outside vendors to handle the implementation and management of the captive insurance program.
Risk Management:
  • Participate in discussions regarding risk, safety, and educational programs for University students, faculty, and staff.
  • Advise campus partners on the suitability of risk management strategies and opportunities for loss prevention.
  • Support department communications to drive enterprise-wide risk awareness.
  • Review contracts for proper risk transfer and insurance terms.
  • Oversee and manage the Risk Management Safe Driver program.
Claims Management:
  • Support the department in claims management activities, including but not limited to maintaining RMIS system, incident investigations, litigation coordination, and insurer communications.
  • Resolve recurring issues by identifying trends and process improvement opportunities.
  • Establish and maintain effective working relationships with campus partners, vendors, and outside panel counsel.
  • Supports resolution and close-out of property, casualty and executive liability claims.
Commercial Insurance Program Management:
  • Assist with the insurance renewal process, including sourcing of information, completion of applications, and inventory listings.
  • Assist campus partners in identifying and developing risk finance solutions as needed.
  • Create key operational dashboards to assess metrics across all areas of risk in RMIS system.
  • Review requests for and issue certificates of insurance in accordance with contractual terms and department SOPs. Review and maintain records of third-party certificates of insurance received by the department.
Miscellaneous
Performed other duties
Minimum Qualifications: (Education, experience, and any other certifications or clearances)
  • Successful completion of a full 4-year course of study in an accredited college or university leading to a bachelor's or higher degree in a major such as insurance, business, or finance.
  • 2-3 years of insurance, risk management, or finance experience.
Minimum Competencies: (Skills, knowledge, and abilities.)
  • Strong communication skills
  • Strong technical aptitude and understanding of insurance coverage.
  • Ability to work with a diverse set of stakeholders and provide excellent customer service.
  • Strong time management and project management skills
  • Basic understanding of claims adjudication, actuarial modeling, and risk finance.
  • Strong desire to learn and take on additional responsibility.
Preferred Qualifications: (Education and experience)
  • Degree in Risk Management or Insurance.
  • Commercial insurance underwriting or claims experience.
  • CPCU, CRM, ARM or other professional designations.
Benefits:
At Northwestern, we are proud to provide meaningful and competitive benefits. The available benefits package for this position will include health, dental, vision, disability, and life insurance; paid vacation and holidays; paid medical/sick and parental leave; tuition benefits for the employee and dependents; pre-tax and flex spending accounts for commuting and dependent care; generous retirement savings options; and wellness programs. For a comprehensive overview of available benefits, including eligibility details, visit us at https://www.northwestern.edu/hr/benefits/index.html to learn more.
Work-Life and Wellness:
Northwestern offers comprehensive programs and services to help you and your family navigate life's challenges and opportunities, and adopt and maintain healthy lifestyles.
We support flexible work arrangements where possible and programs to help you locate and pay for quality, affordable childcare and senior/adult care. Visit us at https://www.northwestern.edu/hr/benefits/work-life/index.html to learn more.
Professional Growth & Development:
Northwestern supports employee career development in all circumstances whether your workspace is on campus or at home. If you're interested in developing your professional potential or continuing your formal education, we offer a variety of tools and resources. Visit us at https://www.northwestern.edu/hr/learning/index.html to learn more
Northwestern University is an Equal Opportunity Employer and does not discriminate on the basis of protected characteristics, including disability and veteran status. View Northwestern's non-discrimination statement . Job applicants who wish to request an accommodation in the application or hiring process should contact the Office of Civil Rights and Title IX Compliance. View additional information on the accommodations process .
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