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Assistant Risk Manager Jobs in Naperville, IL (NOW HIRING)

AlphaSense

Enterprise Risk Officer, ECRM

Chicago, IL · On-site

What You'll Do: * Assist in identifying, assessing, and monitoring risks across the organization to ensure effective mitigation strategies are in place. * Support enterprise-wide risk management ...

William Blair

Risk Analyst

Chicago, IL · On-site

$77K - $95K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Recommend solutions to address potential risk changes and future trends. Assist in educating employees on risk awareness and the firm's enterprise risk management framework. Responsibilities include ...

AlphaSense

Enterprise Risk Officer, ECRM

Chicago, IL · On-site

What You'll Do: * Assist in identifying, assessing, and monitoring risks across the organization to ensure effective mitigation strategies are in place. * Support enterprise-wide risk management ...

Servbank

AVP, Banking Risk & Controls

Oswego, IL · On-site

$94K - $110K/yr

Partner with Line of Business and BSA leadership to enhance internal testing processes and minimize defects across deposit-related activities. * Assist Senior Management, Risk Committee, and other ...

Servbank

AVP, Banking Risk & Controls

Oswego, IL · On-site

$94K - $110K/yr

Partner with Line of Business and BSA leadership to enhance internal testing processes and minimize defects across deposit-related activities. * Assist Senior Management, Risk Committee, and other ...

Fox Rothschild

Risk Mitigation Analyst

Chicago, IL · On-site

The Analyst reports to the Risk Mitigation Research Manager and works collaboratively with ... Manager. * Assist with current awareness alerts, search requests, and other Knowledge Management ...

USI Insurance Services

Personal Risk Specialist

Chicago, IL · On-site

$101K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Develop and oversee preparation of proposals for Personal Risk Management clients and prospects, research and assist in writing responses to clients and present individual personalized insurance ...

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Assistant Risk Manager information

See Naperville, IL salary details

$24.3K

$69.4K

$147.2K

How much do assistant risk manager jobs pay per year?

As of Aug 19, 2026, the average yearly pay for assistant risk manager in Naperville, IL is $69,437.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,312.00 and $87,424.00 per year, depending on experience, location, and employer.

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 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.

How much do assistant risk managers earn?

Assistant risk managers typically earn a median annual salary of around $70,000 to $90,000, depending on experience, location, and industry. Entry-level positions may start lower, while those with specialized skills or certifications can earn higher salaries. Compensation often includes benefits such as health insurance and retirement plans.

Is an Assistant Risk Manager a stressful job?

An Assistant Risk Manager role involves identifying and analyzing potential risks to an organization, which can be stressful due to the responsibility of preventing financial or operational losses. The job often requires attention to detail, problem-solving skills, and working under deadlines, which can contribute to workplace stress. However, stress levels vary depending on the organization, workload, and individual resilience.

What are the most commonly searched types of Risk Manager jobs in Naperville, IL?

The most popular types of Risk Manager jobs in Naperville, IL are:

What job categories do people searching Assistant Risk Manager jobs in Naperville, IL look for?

The top searched job categories for Assistant Risk Manager jobs in Naperville, IL are:

What cities near Naperville, IL are hiring for Assistant Risk Manager jobs?

Cities near Naperville, IL with the most Assistant Risk Manager job openings:

Assistant Risk Manager jobs near you

Director of Risk Management

inlandgroup

Oak Brook, IL

Full-time

Re-posted 26 days ago

Job description

The Inland Real Estate Group of Companies, a diversified real estate, investment, and financial services organization, is seeking an experienced Director of Risk Management to lead and advance our enterprise-wide risk management strategy. This is a highly visible, senior-level role with broad exposure to executive leadership and multiple business lines across the organization.

Reporting directly to the Chief Risk Officer, EVP, the Director of Risk Management will oversee complex insurance programs, captive operations, claims management, and key financial and strategic risk initiatives. Inland Risk Management operates as a shared service model, offering the opportunity to collaborate closely with leaders across the firm and influence risk strategy at an enterprise level.

Key Responsibilities
  • Lead the placement, structure, and ongoing management of complex property & casualty insurance programs, including D&O/E&O, Cyber, EPL, Fiduciary, Crime, and Workers’ Compensation.
  • Oversee claims management, ensuring effective resolution and cost control.
  • Manage and grow a single-parent captive insurance program domiciled in Vermont, coordinating with brokers, captive managers, and internal stakeholders to maximize utilization and revenue opportunities.
  • Conduct comprehensive risk assessments and enterprise risk analysis, identifying exposures and developing mitigation strategies.
  • Support and participate in Enterprise Risk Management (ERM) and Environmental, Social & Governance (ESG) initiatives.
  • Develop and execute strategies for collateral recovery, strengthening financial outcomes and reducing losses.
  • Perform risk-related financial forecasting, providing insight and recommendations to support strategic decision-making.
  • Participate in group P&L reviews, analyzing trends, variances, and opportunities for improvement.
  • Serve as a key advisor to leadership on insurance market conditions, coverage optimization, and cost containment.
  • Develop, implement, and maintain risk management policies and procedures in alignment with regulatory and industry best practices.
  • Act as a key member of the Cyber Security Incident Response Team and ESG committee.
  • Lead, mentor, and develop the risk management team, fostering professional growth and continuous improvement.
  • Perform supervisory duties including hiring, performance management, coaching, promotion, and disciplinary actions.
  • Maintain the highest standards of professionalism, integrity, and compliance with all laws, policies, and regulations.
  • Perform other duties as assigned.
Supervisory Responsibility
  • Directly supervises two team members:
    • Administrative Assistant
    • Claims Specialist
Qualifications

Education

  • Bachelor’s degree with a concentration in Risk Management, Finance, or equivalent professional experience required

Experience

  • 10+ years of progressive experience in Risk Management, Claims, Loss Control, Insurance, and Financial Management
  • Demonstrated experience with captive insurance administration (required)

Licenses & Certifications

  • Property & Casualty License – required (or able to obtain within 1 year)
  • ARM (Associate in Risk Management) strongly preferred

Skills & Technical Expertise

  • Expert-level Microsoft Excel skills
  • Proficiency in Microsoft Word and Outlook
  • Experience with RMIS and TPA systems
  • Strong analytical, financial, and problem-solving skills
  • Excellent written and verbal communication abilities
  • Proven leadership skills with the ability to influence across diverse business groups
Why Join Inland
  • High-impact, enterprise-level leadership role
  • Exposure to executive leadership and multiple business platforms
  • Opportunity to shape and grow a sophisticated risk function and captive program
  • Stable, well-established organization with a long-term view

Apply