ZipRecruiter

Log In

1

Associate Risk Management Jobs in Norridge, IL (NOW HIRING)

Ulta Beauty

Risk Management Analyst

Bolingbrook, IL · On-site

$66K - $84K/yr

THE IMPACT YOU CAN HAVE The Risk Management Analyst supports the organization's workers ... associates to earn additional compensation pursuant to the Company's bonus plan. Exact pay will be ...

next page

Showing results 1-20

All JobsAssociate Risk Management JobsAssociate Risk Management Jobs in Norridge, IL

Associate Risk Management information

See Norridge, IL salary details

$49.8K

$109K

$182.4K

How much do associate risk management jobs pay per year?

As of Jul 9, 2026, the average yearly pay for associate risk management in Norridge, IL is $108,952.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,800.00 and $141,500.00 per year, depending on experience, location, and employer.

Is risk management a good career?

Risk management is a viable career that involves identifying, assessing, and mitigating potential threats to an organization. It often requires strong analytical skills, knowledge of industry regulations, and certifications such as CRM or FRM. The field offers opportunities across various industries with steady demand and potential for advancement.

What are the key skills and qualifications needed to thrive in the Associate Risk Management position, and why are they important?

To thrive as an Associate Risk Management professional, you typically need a bachelor's degree in business, finance, or a related field, strong analytical abilities, and attention to detail. Familiarity with risk assessment software, data analysis tools like Excel, and industry certifications such as FRM (Financial Risk Manager) are common technical requirements. Excellent communication, problem-solving, and teamwork skills help you effectively collaborate and present risk findings. These skills ensure accurate risk evaluation, effective mitigation strategies, and support sound decision-making within the organization.

What is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or risk management director, with salaries exceeding $200,000 annually. These roles typically require extensive experience, advanced certifications like FRM or CRM, and strong leadership skills in financial or corporate environments.

What is an associate in risk management?

An associate in risk management is an entry-level or junior professional responsible for supporting risk assessment, analysis, and mitigation efforts within an organization. They often assist with data collection, risk reporting, and implementing risk management strategies, and may work under the supervision of senior risk managers or analysts. Relevant skills include knowledge of risk assessment tools, industry regulations, and certifications such as CRM or FRM can enhance career prospects.

What is a risk management associate job description?

A risk management associate analyzes and identifies potential risks that could affect an organization’s assets, operations, or reputation. They develop strategies to mitigate or manage these risks, often using tools like risk assessment software and adhering to industry standards. Strong analytical skills, attention to detail, and knowledge of risk management principles are essential for this role.

What does an Associate Risk Management professional do?

An Associate Risk Management professional helps identify, assess, and mitigate potential risks that could impact an organization's financial, operational, or strategic objectives. They analyze data, monitor risk exposure, and assist in developing risk management strategies. Their role often involves collaborating with different departments to ensure compliance with policies and regulations. Additionally, they may prepare reports and provide recommendations to improve risk management practices.

What are some typical challenges faced by an Associate Risk Management professional, and how do they contribute to the team?

An Associate Risk Management professional often encounters challenges such as analyzing complex data from multiple sources, keeping up with evolving regulations, and effectively communicating potential risks to various stakeholders. You will regularly collaborate with colleagues in legal, compliance, and business units to ensure that risks are identified and addressed proactively. These challenges foster a culture of continuous learning and improvement, allowing you to play a key role in minimizing potential losses and enhancing the organization's overall stability. Overcoming these obstacles helps you develop critical thinking and adaptability, which are highly valued for future career growth in the field.

What cities near Norridge, IL are hiring for Associate Risk Management jobs? Cities near Norridge, IL with the most Associate Risk Management job openings:
Associate Risk Management jobs near you
Infographic showing various Associate Risk Management job openings in Norridge, IL as of July 2026, with employment types broken down into 1% As Needed, 63% Full Time, 34% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $108,952 per year, or $52.4 per hour.
Risk Management Analyst

Risk Management Analyst

Ulta Beauty

Bolingbrook, IL • On-site

$66K - $84K/yr

Full-time

Medical, Dental, Vision, Life, PTO

Posted 6 days ago

Ulta Beauty rating

6.1

Company rating: 6.1 out of 10

Based on 1,003 frontline employees who took The Breakroom Quiz

10th of 23 rated health and beauty retailers

Job description

OVERVIEW
Realize new levels of autonomy and professional ownership. At Ulta Beauty, our Legal, Risk & Governance team provides clarity and continuity in ways that have made our growth a seamless venture, with keen insights that have opened up new and previously unexplored areas of opportunity. Through superior leadership and work that continually challenges, you'll have the chance to help set strategic direction through ethical and collaborative thought and practice.
THE IMPACT YOU CAN HAVE
The Risk Management Analyst supports the organization's workers' compensation, general liability, and Captive Insurance programs by analyzing loss data, monitoring claim performance, and collaborating with internal teams and third-party administrators to reduce the total cost of risk. This role is crucial in translating complex claims and actuarial data into actionable insights for leadership, ensuring alignment with retail and distribution operations, legal strategy, and financial goals. Additionally, the Risk Management Analyst will assist with insurance procurement and administration, as well as risk management financial budgeting, tracking, and reporting to support effective decision-making across the organization.
YOU'LL ACCOMPLISH THESE GOALS BY:
  • Analyze workers' compensation and general liability claims data to identify loss drivers, trends, and emerging risks across retail and distribution locations.
  • Monitor claim severity, frequency, litigated claim ratios, and reserve adequacy; escalate concerns and recommend corrective actions as necessary.
  • Prepare loss summaries, dashboards, and executive-level reports for risk, finance, legal, and operations leadership.
  • Support the management of the casualty insurance program, including deductible, self-insured retention, and captive structures.
  • Support the procurement and administration of insurance policies by coordinating with brokers, underwriters, and internal stakeholders to gather necessary data, complete applications, and maintain accurate policy records.
  • Lead risk management financial budgeting, tracking, and reporting, ensuring costs are accurately projected, monitored, and communicated to leadership for effective decision-making.
  • Track total cost of risk metrics, pure loss rates, and key performance indicators in comparison to retail peers and industry benchmarks.
  • Partner with actuarial, finance, and brokerage teams during renewals, forecasts, and budget planning processes.
  • Collaborate with in-house claims team, third-party administrators (TPAs), insurance carriers, and defense counsel to ensure timely reporting, effective claim handling, and adherence to best practices.
  • Review TPA performance metrics, including three-point contact, early investigation, litigation management, and closure rates.
  • Support initiatives aimed at reducing attorney involvement through early intervention, mediation, and employee engagement strategies.
  • Work closely with Legal, People Success, Safety/EH&S, and Store Operations teams to improve incident timely reporting, claim outcomes, and return-to-work results.
  • Assist in developing training materials and guidance for field leadership on incident reporting and claims awareness.
  • Provide data-driven insights to inform policy decisions, safety initiatives, and risk mitigation strategies.
  • Ensure accurate documentation and data integrity across claims systems, insurance platforms, and internal reporting tools.
  • Assist with audits, carrier data calls, and regulatory reporting as needed.
ADDITIONAL RESPONSIBILITIES:
  • Identify the likelihood and impact of events that could cause financial or operational setbacks.
  • Help define calculated risks that align with business objectives.
  • Assist with adherence to regulatory and industry standards.
  • Identify risk-related inefficiencies and areas for improvement.
  • Promote awareness and accountability across the organization.
  • Create and modify procedures and documents related to risk processes.
  • Develop partnerships with the claims management team.
  • Track and report on target budgets.
  • Provide direct information to claimants as needed.
  • Manage insurance data for reporting purposes.
  • Generate statistical data and construct probability tables to forecast risk and liability for payment of future claims.
THE ESSENTIALS OF SUCCESS
  • 5 - 7+ years in risk analysis
  • Experience with retail corporation(s) preferred
  • Demonstrated ability to think critically and make decisions under uncertainty
  • Strong communication and presentation skills
  • Ability to work collaboratively and cross-functionally in a fast-paced environment
#LI-JR1
#LI-Hybrid
The pay range for this position is $66,200.00 - $84,500.00 / Year with the opportunity for eligible associates to earn additional compensation pursuant to the Company's bonus plan. Exact pay will be based on factors including, but not limited to relevant education, qualifications, certifications, experience, level, shift, geographic location, and business and organizational needs. Full-time positions are eligible for paid time off, health, dental, vision, life and disability benefits. Part-time positions are eligible for dental, vision, life, and disability benefits. For additional information concerning our benefits, visit our Benefits and Career Development page: https://learn.bswift.com/ulta
ABOUT
At Ulta Beauty (NASDAQ: ULTA), the possibilities are beautiful. Ulta Beauty is the largest North American beauty retailer and the premier beauty destination for cosmetics, fragrance, skin care products, hair care products and salon services. We bring possibilities to life through the power of beauty each and every day in our stores and online with more than 25,000 products from approximately 500 well-established and emerging beauty brands across all categories and price points, including Ulta Beauty's own private label. Ulta Beauty also offers a full-service salon in every store featuring-hair, skin, brow, and make-up services.
We will consider for employment all qualified applicants, including those with arrest records, conviction records, or other criminal histories, in a manner consistent with the requirements of any applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act.

What Ulta Beauty employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply