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Business Risk Control Manager Jobs in Elgin, IL (NOW HIRING)

Reporting to the Operational Risk Manager within the Risk Assurance organization, this team partners across the business to support risk assessments, control testing, incident reviews, and continuous ...

Reporting to the Operational Risk Manager within the Risk Assurance organization, this team partners across the business to support risk assessments, control testing, incident reviews, and continuous ...

New

IMC is looking for an Experienced Risk Manager to join our Chicago Risk team, focusing primarily on ... business. Risk at IMC is deeply integrated with trading-we don't operate as a separate control ...

Reporting to the Operational Risk Manager within the Risk Assurance organization, this team partners across the business to support risk assessments, control testing, incident reviews, and continuous ...

New

Reporting to the Operational Risk Manager within the Risk Assurance organization, this team partners across the business to support risk assessments, control testing, incident reviews, and continuous ...

Showing results 21-40

Business Risk Control Manager information

See Elgin, IL salary details

$48.9K

$99.4K

$198.2K

How much do business risk control manager jobs pay per year?

As of Sep 11, 2026, the average yearly pay for business risk control manager in Elgin, IL is $99,406.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,200.00 and $115,200.00 per year, depending on experience, location, and employer.

What is a business risk control manager?

Business Risk Control Managers are professionals responsible for identifying, assessing, and mitigating risks that could impact an organization's operations or reputation. They develop and implement risk management policies, monitor compliance with regulations, and coordinate with other departments to ensure effective internal controls. Their work helps companies avoid financial losses, legal issues, and operational disruptions by proactively addressing potential threats.

What are the key skills and qualifications needed to thrive as a business risk control manager?

To thrive as a Business Risk Control Manager, you need expertise in risk assessment, regulatory compliance, and internal controls, often supported by a degree in finance, business, or a related field. Familiarity with risk management software, GRC (Governance, Risk, and Compliance) platforms, and relevant certifications like CRMA or FRM is highly beneficial. Strong analytical thinking, leadership, and communication skills are crucial for effectively guiding teams and influencing risk-aware decision-making. These skills ensure that organizations proactively identify and mitigate risks, maintaining compliance and safeguarding business operations.

What are some common challenges a business risk control manager faces when implementing new risk management frameworks within an organization?

Business Risk Control Managers often encounter challenges such as gaining buy-in from multiple stakeholders, aligning risk controls with diverse business units, and keeping up with evolving regulatory requirements. Navigating organizational resistance to change and ensuring consistent communication across departments are also common hurdles. Successful managers proactively engage with teams, provide clear training, and use data-driven approaches to demonstrate the value of new frameworks, helping facilitate smoother adoption and compliance.

What is the difference between Business Risk Control Manager vs Risk Analyst?

AspectBusiness Risk Control ManagerRisk Analyst
CredentialsCertifications like CRM, FRM, or CRC; relevant degrees in finance, risk management, or businessCertifications such as FRM, PRM; degrees in finance, economics, or related fields
Work EnvironmentCorporate risk departments, financial institutions, large corporationsFinancial firms, consulting agencies, corporate risk teams
Employer & IndustryBanking, insurance, finance, large corporationsFinancial services, consulting, corporate sectors

The Business Risk Control Manager focuses on developing and implementing risk management strategies, overseeing risk controls, and ensuring compliance. In contrast, a Risk Analyst primarily conducts data analysis, assesses risk levels, and supports decision-making processes. Both roles require relevant certifications and work within similar industries, but their responsibilities differ in scope and focus.

How much do business risk control managers make?

Business risk control managers typically earn a median annual salary of around $90,000 to $120,000, depending on experience, industry, and location. They often hold certifications such as CRCM or CRM and require strong analytical and risk assessment skills. Salaries can vary widely based on company size and geographic region.

What does a business risk control manager do?

A business risk control manager identifies, assesses, and implements strategies to mitigate financial, operational, and compliance risks within an organization. They analyze data, develop policies, and collaborate with departments to ensure risk management practices are effective, often using tools like risk assessment software and requiring relevant certifications. Their goal is to minimize potential losses and support the company's overall stability and growth.

What cities near Elgin, IL are hiring for Business Risk Control Manager jobs?

Cities near Elgin, IL with the most Business Risk Control Manager job openings:

Infographic showing various Business Risk Control Manager job openings in Elgin, IL as of September 2026, with employment types broken down into 90% Full Time, 5% Part Time, and 5% Contract. Highlights an 85% In-person, and 15% Remote job distribution, with an average salary of $99,406 per year, or $47.8 per hour.

Assistant Vice President, Commercial Accounts Risk Control

Downers Grove, IL • On-site, Remote

Travelers
Insurance Services • 10K+ employees

$146K - $241K/yr

Full-time

Medical, Life, Retirement, PTO

Re-posted 27 days ago


Travelers Insurance rating

9.0

Company rating: 9.0 out of 10

Based on 180 frontline employees who took The Breakroom Quiz


Job description

Who Are We?

Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Compensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Salary Range

$146,400.00 - $241,600.00

Target Openings

1

What Is the Opportunity?

Reports to Risk Control business leader Under broad oversight, attracts, recruits, retains and develops top talent in collaboration with Field Director Develops and executes national and regional business plans in support of Business Insurance and Risk Control strategies. Manages a staff of Risk Control Field Directors across multiple states and offices. Supports a variety of business segments, including, but not limited to, national accounts, large & small commercial accounts, construction, oil & gas, public sector, etc. Responsible for understanding pertinent data and analytics in order to develop applicable strategies that impact current business trends within the territories and/or businesses supported. Preferred locations include Downers Grove IL, Chicago IL, Indianapolis IN, Pittsburg PA, Independence OH, Wyomissing PA, and Blue Bell PA; however, other offices that have significant business partner presence within the region will be considered.

What Will You Do?

  • Travel for this role may entail long-distance, overnight travel, and/or multi-night trips depending on the needs of the business.
  • Understand regional gaps, both technical and leadership, and implement plans to address
  • Ensures that Risk Control resources are sufficient to meet business needs
  • Responsible to identify career paths in both technical and leadership roles, in collaboration with Field Directors.
  • Interact with Field Director, Home Office Risk Control and business partner leadership to develop and/or support regional specific Risk Control strategies.
  • Establish time bound expectations for improvement and acts swiftly and decisively if improvements are not demonstrated and sustained
  • Collaborate with Business Partners to develop specific strategies for leveraging Risk Control resources to acquire and retain business and to improve overall profitability of their book of business
  • Work with Regional President and Business Unit Regional Vice President to translate business plan into Risk Control relevant actions
  • Takes active role in leadership of the division
  • Identifies, leads and/or participates on division wide projects
  • Represents the company with government and regulatory agencies, insurance associations and professional associations
  • Perform other duties as assigned.

What Will Our Ideal Candidate Have?

  • Bachelor's degree in a related field.
  • Demonstrated technical aptitude.
  • Superior Communication skills.
  • Ability to establish credibility quickly.
  • Demonstrated successful management experience leading both on site and remote employees.
  • Experience in leading large, diverse groups including leading other leaders.
  • Recognized related professional designations (such as ASP, CSP, ARM, CPCU, etc.).

What is a Must Have?

  • Ten years of experience in safety, risk control/management, or a related field, such as occupational/environmental health and safety, science, engineering, construction, manufacturing, or relevant military experience.
  • Four years of leadership experience.
  • Valid driver's license.
  • Must have or be able to attain appropriate certification to meet state-specific requirements, where applicable.

What Is in It for You?

  • Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
  • Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
  • Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
  • Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.

Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences. 

In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.


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About Travelers

Sourced by ZipRecruiter

We are an insurance company that cares. Travelers takes on the risk and provides the coverage you need to protect the things that are important to you — your home, your car, your valuables and your business — so you don’t have to worry. We have been around for more than 165 years and have earned a reputation as one of the best property casualty insurers in the industry because we take care of our customers. Our expertise and focus on innovation have made us a leader in personal, business and specialty insurance and the only property casualty company in the Dow Jones Industrial Average. Every day, our approximately 30,000 employees and 13,500 independent agents and brokers in the United States, Canada, the United Kingdom and Ireland help provide peace of mind to our customers.

Industry

Insurance services

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1853