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Avp Risk Management Jobs in Chicago, IL (NOW HIRING)

Ghr

AVP, Global Markets Data Management (GMDM)

Chicago, IL · On-site

$110K - $175K/yr

The primary responsibility is to help ensure that high-quality data is used in essential business and risk management processes, which is critical to our success as a firm. This involves facing off ...

Starr Insurance Companies

AVP, Operations

Chicago, IL · On-site

The AVP of Operations is responsible for leading and optimizing the operational processes that ... Understanding of operational risk frameworks and controls. * Experience with project management ...

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Showing results 21-40

All JobsAvp Risk Management JobsAvp Risk Management Jobs in Chicago, IL

Avp Risk Management information

See Chicago, IL salary details

$53.1K

$115K

$175.3K

How much do avp risk management jobs pay per year?

As of Aug 16, 2026, the average yearly pay for avp risk management in Chicago, IL is $115,010.00, according to ZipRecruiter salary data. Most workers in this role earn between $92,800.00 and $133,000.00 per year, depending on experience, location, and employer.

What is the difference between Avp Risk Management vs Risk Analyst?

AspectAvp Risk ManagementRisk Analyst
CredentialsBachelor's degree, professional certifications (e.g., FRM, CRM)Bachelor's degree, certifications (e.g., FRM, CRM) often preferred
Work EnvironmentSenior-level, strategic, cross-departmentalOperational, data-focused, analytical
Employer & Industry UsageFinancial institutions, insurance, bankingFinancial firms, investment banks, insurance companies

While both roles involve risk assessment, the Avp Risk Management typically oversees risk strategies and policies at a senior level, whereas a Risk Analyst focuses on data analysis and risk evaluation. The Avp role requires more experience and strategic oversight, making it suitable for professionals with advanced certifications and leadership skills.

What are some common challenges faced by an AVP Risk Management, and how can they be addressed within a financial institution?

An AVP Risk Management often encounters challenges such as balancing regulatory compliance with business objectives, keeping up with evolving risks, and fostering a strong risk culture across departments. Addressing these challenges typically involves proactive communication with cross-functional teams, continuous professional development to stay updated on regulations, and implementing robust risk assessment frameworks. Building collaborative relationships with stakeholders and leveraging technology for risk monitoring also help mitigate these challenges and ensure effective risk management.

What are the key skills and qualifications needed to thrive as an AVP Risk Management?

To excel as an AVP Risk Management, you typically need expertise in risk assessment, financial analysis, and regulatory compliance, supported by a relevant degree such as finance or business and often certifications like FRM or CFA. Familiarity with risk management software, data analytics tools, and regulatory reporting systems is crucial. Strong leadership, problem-solving abilities, and effective communication help you navigate complex risk scenarios and lead cross-functional teams. These skills are vital to identify, mitigate, and communicate risks, ensuring an organization's stability and regulatory adherence.

What does an AVP Risk Management do?

An AVP (Assistant Vice President) of Risk Management is responsible for identifying, assessing, and mitigating risks that could impact an organization’s operations and objectives. They work closely with senior management to develop risk management strategies, implement policies, and ensure compliance with regulatory requirements. Their role often includes overseeing risk assessments, analyzing data, and leading teams to minimize financial, operational, and reputational risks. They also play a key part in crisis management and developing risk awareness across the company.

What are popular job titles related to Avp Risk Management jobs in Chicago, IL?

For Avp Risk Management jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Avp Risk Management jobs in Chicago, IL look for?

The top searched job categories for Avp Risk Management jobs in Chicago, IL are:

Avp Risk Management jobs near you
Infographic showing various Avp Risk Management job openings in Chicago, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 76% In-person, 13% Hybrid, and 11% Remote job distribution, with an average salary of $115,010 per year, or $55.3 per hour.

AVP, Property Facultative Underwriter

Sompo International Holdings Ltd.

Chicago, IL • On-site

$165K - $220K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 27 days ago

Job description

Job Description
Are you looking for your next opportunity?
SompoRe has unique opportunities for AVP, Property Facultative Underwriters in our North America Property Facultative team in both the Eastern and Midwest Regions.
SompoRe operates in key markets worldwide, bringing to each account our specialized capabilities for a wide range of reinsurance products and a depth of understanding of local cultures. Our disciplined approach to risk management and claims handling, coupled with strong analytical skills, enables us to provide broad multiline capability to successfully underwrite risks across our clients' insurance portfolios. With global experience and local expertise in key markets worldwide, SompoRe has deep bench strength across all disciplines and above all, remains a stable and constant trading partner throughout all market cycles.
Location: This position will be based out of our Chicago NY office or Los Angeles CA office. We strive for collaboration, which is why we offer a work environmentwhere our employees thrive and develop long-lasting careers.
Our business, your impact, our opportunity:
As an Assistant Vice President (AVP), Property Facultative Underwriter, you will support an assigned Region in the development, core client management, and underwriting in accordance with the overall strategic business plan (capacity, underwriting appetite, business planning for growth and renewal opportunities) for SompoRe's U.S. Property Facultative business. You will build and manage relationships through direct opportunities and brokers in your assigned region, leveraging strategic thinking to deliver a strong pipeline of opportunities (individual risk and automatics) that supports profitable growth. You will operate within your authority level and established guidelines while partnering across functions to deliver strong performance.
You have the opportunity to make a tangible impact on our business, contribute to our growth, and build strong industry relationships. This is the role for you if you are a results-driven underwriter with strong client focus.
What you'll be doing:
  • Build and maintain strong relationships with brokers and direct clients in your assigned region to drive organic premium growth and establish SompoRe as a trusted partner.
  • Underwrite within all Property Facultative guidelines and support other underwriters in our collaborative two-headed approach to underwriting.
  • Achieve stated financial objectives for growth and profitability within the property facultative portfolio.
  • Represent SompoRe's capabilities through active engagement in on-site visits, industry conferences, and other networking opportunities.
  • Perform risk analysis (exposure, aggregation, , and profitability) using internal models and market data.
  • Participate in special projects that support corporate needs and objectives.

What you'll bring:
  • 5 to 7 years of Property Facultative experience Broker Market and Direct
  • Demonstrated proficiency in individual risk and automatic underwriting. Industry designations such as ARe and/or CPCU are preferred.
  • Proven ability to perform detailed risk analysis and effectively engage in complex negotiations.
  • Exceptional oral and written communication abilities, coupled with strong organizational skills and the capacity to meet tight deadlines.
  • Professional demeanor with a commitment to delivering outstanding client service and building long-term partnerships.
  • Ability to interact and collaborate with stakeholders across various levels of the organization.
  • Advanced knowledge of relevant software tools, including AI, Microsoft Word, Excel, Outlook, and other applications.
  • Willingness to travel as required to support client relationships and business objectives.

Salary Range: $165,000 - $220,000 Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.
At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.
Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.
We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs:
  • Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution
  • Pharmacy benefits with mail order options
  • Dental benefits including orthodontia benefits for adults and children
  • Vision benefits
  • Health Care & Dependent Care Flexible Spending Accounts
  • Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children
  • Company-paid Disability benefits with very competitive salary continuation payments
  • 401(k) Retirement Savings Plan with competitive employer contributions
  • Competitive paid-time-off programs, including company-paid holidays
  • Competitive Parental Leave Benefits & Adoption Assistance program
  • Employee Assistance Program
  • Tax-Free Commuter Benefit
  • Tuition Reimbursement & Professional Qualification benefits

In today's world, what do we stand for?
Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success, and that when relationships are held in the highest regard, there is nothing that cannot be accomplished. At Sompo, our ring is more than a logo, it is a symbol of our promise. Click here to learn more about life at Sompo.
Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone's unique contributions - we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.

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