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

ZS

Governance & Risk Analyst

Chicago, IL · On-site

$85K - $95K/yr

... * Assist in developing and updating SOPs, templates, and guidance documents related to vendor risk management Audit & Compliance Support * Support internal and external audits by providing VRA ...

AlphaSense

Enterprise Risk Officer, ECRM

Chicago, IL

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 ...

New

William Blair

Risk Analyst

Chicago, IL · On-site

$77K - $95K/yr

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 ...

Rothera

Director, Enterprise Risk Management

Chicago, IL · On-site

$175K - $200K/yr

Margin Framework: Assist in development, governance, and validation of margin and risk models used ... Manage auditor relationships, evidence collection, remediation, and ongoing control maturity.

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 ...

New

Wintrust

Analyst, Counterparty Credit Risk

Rosemont, IL · On-site

$59K - $77K/yr

Prepare, analyze, and develop various data and metric reports for counterparty credit risk management using Excel and PowerPoint and assist in the monitoring and reporting of appropriate counterparty ...

USI Insurance Services

Personal Risk Specialist

Chicago, IL · On-site

$101K/yr

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 Jul 14, 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 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 much does a risk manager get paid?

A risk manager's average salary varies by experience and industry but typically ranges from $70,000 to $130,000 annually. Senior risk managers or those with specialized certifications can earn higher salaries, especially in large organizations or financial sectors.

What jobs in the US pay 300,000 a year?

For an Assistant Risk Manager, annual salaries of $300,000 or more are uncommon and typically occur at senior levels or in specialized industries such as finance, insurance, or large corporations. High-paying risk management roles often require extensive experience, advanced certifications like CRM or FRM, and leadership responsibilities. Most entry- to mid-level risk management positions have lower salary ranges, with higher compensation linked to seniority and scope of responsibility.

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.

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 is a risk management assistant job description?

A risk management assistant supports the risk management team by collecting data, analyzing potential risks, and helping develop strategies to mitigate those risks. The role often involves using risk assessment tools, maintaining documentation, and ensuring compliance with safety and regulatory standards. Strong organizational skills and knowledge of industry regulations are typically required.

What qualifications do I need to be a risk manager?

To become an assistant risk manager, candidates typically need a bachelor's degree in risk management, finance, business, or a related field. Relevant skills include strong analytical abilities, knowledge of risk assessment tools, and certifications such as the Associate in Risk Management (ARM) or Certified Risk Manager (CRM) can enhance prospects. Experience in finance, insurance, or compliance is also valuable.
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:
Assistant Risk Manager jobs near you
Director of Risk Management

Director of Risk Management

The Inland Real Estate Group LLC

Oak Brook, IL • On-site

$145K - $189K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired today. Applications are no longer accepted.

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

Annual Base Salary Range: $145,567-$189,237. This position is eligible to participate in the company's annual discretionary bonus program.
Inland offers a competitive range of benefits for eligible Full-time employees:
  • Medical/Dental/Vision insurance (PPO)
  • Participation in the company 401(k) plan with a company match
  • Vacation Time, Nine Paid Holidays, Three floating holidays per year
  • Sick time
  • Tuition reimbursement opportunity
  • Company-paid life insurance equaling your annual base salary
  • Company-paid short-term and long-term disability
  • Paid Parental Leave

This position is eligible as an internal promotion opportunity.
To learn more about the Benefits Inland offers its employees please click the link to learn more.
We are a drug-free workplace. Pre-employment background checks and drug screening is performed on all new hires, in accordance with applicable laws and regulations.
We are an Equal Opportunity Employer. We consider applicants for all positions without regard to race, color, religion, sex, national origin, age, sexual orientation, familial, marital or veteran status, disability, or any other legally protected classes.
We are an E-Verify employer. Please click the following link to learn more.

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