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Chief Risk Officer Jobs in Champaign, IL (NOW HIRING)

Carle Health

Assistant Counsel - Litigation

Champaign, IL · On-site

$47.63 - $81.92/hr

Collaboratively works with the SVP/Chief Risk Officer, the Associate Counsel: Litigation and Insurance, Executive Director of Risk Management and Clinical Risk Managers to review and evaluate ...

Obiter Research

Research Chemistry Manager

Champaign, IL · On-site

$73K - $81K/yr

Serve as a special assistant to the COO/Supervising Chemist and/or CEO/Executive Chemist in ... Ability to evaluate risk and recommend path forward. * Able to handle ambiguity, adapt to changing ...

Obiter Research

Research Chemistry Manager

Champaign, IL · On-site

$73K - $81K/yr

Serve as a special assistant to the COO/Supervising Chemist and/or CEO/Executive Chemist in ... Ability to evaluate risk and recommend path forward. * Able to handle ambiguity, adapt to changing ...

Obiter Research

Research Chemistry Manager

Champaign, IL · On-site

$73K - $81K/yr

Serve as a special assistant to the COO/Supervising Chemist and/or CEO/Executive Chemist in ... Ability to evaluate risk and recommend path forward. * Able to handle ambiguity, adapt to changing ...

Obiter Research

Research Chemistry Manager

Champaign, IL · On-site

$73K - $81K/yr

Serve as a special assistant to the COO/Supervising Chemist and/or CEO/Executive Chemist in ... Ability to evaluate risk and recommend path forward. Able to handle ambiguity, adapt to changing ...

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All JobsChief Risk Officer JobsChief Risk Officer Jobs in Champaign, IL

Chief Risk Officer information

See Champaign, IL salary details

$99.1K

$192K

$384.6K

How much do chief risk officer jobs pay per year?

As of Aug 8, 2026, the average yearly pay for chief risk officer in Champaign, IL is $192,043.00, according to ZipRecruiter salary data. Most workers in this role earn between $168,700.00 and $190,800.00 per year, depending on experience, location, and employer.

What is a chief risk officer?

A chief risk officer (CRO) oversees financial risks for a business or other organization. As a CRO, your job duties involve identifying business risks, developing risk management policies, and performing risk assessments of new projects. You usually collaborate with all departments in your organization, as well as stakeholders and board members, to determine suitable levels of financial risk. It is essential to monitor company policies to ensure that all projects meet industry standards and government regulations. Chief risk officers may also be in charge of internal auditing, IT security, and insurance needs.

What is the difference between Chief Risk Officer vs Risk Manager?

AspectChief Risk OfficerRisk Manager
CredentialsTypically requires advanced degrees (MBA, Master’s in Risk Management) and professional certifications (FRM, CRM)Often holds a bachelor’s degree; certifications like CRM or FRM are common but not always required
Work EnvironmentExecutive-level, strategic planning, overseeing entire risk management frameworkOperational role, implementing risk policies, analyzing specific risks
Industry UsageUsed across finance, insurance, corporate sectors at the executive levelFound in various industries, focusing on day-to-day risk assessment and mitigation

The Chief Risk Officer (CRO) is a senior executive responsible for the overall risk management strategy of an organization, requiring advanced credentials and strategic oversight. In contrast, a Risk Manager handles specific risk assessments and mitigation activities, often with less seniority and fewer certifications. Both roles are vital but differ in scope, responsibilities, and level of seniority.

What is a chief risk officer?

A Chief Risk Officer (CRO) is a senior executive responsible for identifying, assessing, and mitigating risks that could impact an organization’s operations or objectives. The CRO oversees risk management strategies, ensures compliance with regulatory requirements, and works closely with other executives to develop policies that protect the company from financial, operational, and reputational harm. This role is especially important in industries such as finance, insurance, and healthcare, where risk management is critical to organizational success.

What are some common challenges a chief risk officer faces in aligning risk management strategies across different departments?

A Chief Risk Officer (CRO) often encounters challenges in ensuring that risk management policies are consistently implemented across departments with varying objectives and risk appetites. Communication gaps, differing priorities, and varying levels of risk awareness can make it difficult to create a unified risk culture. CROs must work closely with department heads to tailor risk strategies that align with business goals while maintaining compliance and minimizing exposure. Building strong relationships and fostering ongoing education are key to overcoming these challenges and promoting effective enterprise-wide risk management.

What does a chief risk officer make?

A Chief Risk Officer (CRO) typically earns a salary ranging from $150,000 to over $300,000 annually, depending on the industry, company size, and location. They often receive bonuses, stock options, and other benefits, reflecting their senior management role responsible for identifying and managing organizational risks.

What are the key skills and qualifications needed to thrive as a chief risk officer, and why are they important?

To thrive as a Chief Risk Officer, you need deep expertise in risk management, financial analysis, regulatory compliance, and typically an advanced degree in finance, law, or business. Familiarity with risk assessment software, governance frameworks (such as COSO or ISO 31000), and relevant certifications like FRM or CRM is highly valued. Strategic thinking, leadership, and strong communication skills enable effective collaboration across executive teams and clear risk reporting. These capabilities are vital for identifying threats, safeguarding organizational assets, and ensuring sound decision-making in a complex regulatory environment.
More about Chief Risk Officer jobs
What cities near Champaign, IL are hiring for Chief Risk Officer jobs? Cities near Champaign, IL with the most Chief Risk Officer job openings:
Chief Risk Officer jobs near you
Infographic showing various Chief Risk Officer job openings in Champaign, IL as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 18% Part Time, and 2% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $192,043 per year, or $92.3 per hour.

Assistant Counsel - Litigation

Carle Health

Champaign, IL • On-site

Full-time

Re-posted 25 days ago

Carle Health rating

7.4

Company rating: 7.4 out of 10

Based on 212 frontline employees who took The Breakroom Quiz

265th of 887 rated healthcare providers

Job description

Overview
The Risk Management department of Carle Health provides enterprise risk management, insurance and claims management services to entities within Carle Health ("Carle"). As part of a team of professionals, the Assistant Counsel: Litigation represents the interests of Carle Health insureds and is responsible for managing all aspects of claims/litigation files for medical malpractice and general liability as well as other litigation, as assigned. The Assistant Counsel: Litigation is also responsible for preparing and/or assisting employed providers and other employees who have been subpoenaed for testimony or deposition.
Qualifications
Certifications: Licensed Attorney - Attorney Registration & Disciplinary Commission (ARDC), Education: Doctorate: Law, Work Experience: Legal
Responsibilities
  • Manages the day-to-day uncomplicated medical malpractice and general liability claims in active litigation and/or files that require the guidance of counsel. This includes, but it not limited to the following: setting initial reserves, conducting investigations, preparing initial and ongoing liability assessments, assignment, direction and control of defense counsel, negotiation, settlement, litigation management, discovery response and production, monitoring trials and providing daily progress reports and support to involved providers and defense counsel, and ensuring that defense counsel complies with the Defense Counsel Guidelines. This is done under the supervision of the SVP/Chief Risk Officer.
  • Collaboratively works with the SVP/Chief Risk Officer, the Associate Counsel: Litigation and Insurance, Executive Director of Risk Management and Clinical Risk Managers to review and evaluate professional and general liability potentially compensable events to determine appropriate reserves, if application, and pre-litigation resolution. This includes, but is not limited to, preparing medical record summaries, conducting witness interviews, medical literature reviews, consultant reviews and pre-litigation negotiation.
  • Prepares case evaluation reports and secures settlement authority on appropriate cases. Assists with employment-related claims and administrative charges and other types of litigation, as assigned.
  • Prepares case evaluation reports, claims trends information, and other information as requested for the Carle Health Risk & Claims Committee and/or other relevant committees.
  • Presents to the Committee as appropriate. Identification of claims and lawsuits which would benefit from early resolution and negotiates/settles claims within authority.
  • Communicates timely and appropriately to Association Counsel: Litigation and Insurance and the SVP/Chief Risk Officer about significant case developments.
  • Ensures the claims database is up to date and comprehensive and contains all information received relevant to a claim. This includes documenting all important case developments for all claims/lawsuits in the claims management database. Coordinates and/or conducts educational sessions/seminars for healthcare staff on risk exposure issues, as requested. Identifies risk trends and issues and communicates same to the Associate Counsel: Litigation and Insurance and the SVP/Chief Risk Officer.
  • Engages in continual learning to address emerging general and professional liability risks as well as trends in the insurance industry.

About Us
Find it here.
Discover the job, the career, the purpose you were meant for. At Carle Health, we're committed to fostering a workplace where every team member feels valued, respected and empowered, where passion and purpose come together to positively impact the lives of our patients and our communities. Find it all at Carle Health.
Our nearly 17,000 team members and providers work together to support patient care across central and southeastern Illinois. We've grown to include eight, award-winning hospitals and a multispecialty provider group with more than 1,500 doctors and advanced practice providers. We're developing the next generation of providers and healthcare professionals through Carle Illinois College of Medicine, the world's first engineering-based medical school, and Methodist College. Carle BroMenn Medical Center, Carle Foundation Hospital, Carle Health Methodist Hospital, Carle Health Proctor Hospital, Carle Health Pekin Hospital, and Carle Hoopeston Regional Health Center hold Magnet® designations, the nation's highest honor for nursing care. We offer opportunities in several communities throughout central Illinois with potential for growth and life-long careers at Carle Health.
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class. Carle Health participates in E-Verify and may provide the Social Security Administration and, if necessary, the Department of Homeland Security with information from each new employee's Form I-9 to confirm work authorization. | For more information: human.resources@carle.com.
Compensation and Benefits
The compensation range for this position is $47.63per hour - $81.92per hour. This represents a good faith minimum and maximum range for the role at the time of posting by Carle Health. The actual compensation offered a candidate will be dependent on a variety of factors including, but not limited to, the candidate's experience, qualifications, location, training, licenses, shifts worked and compensation model. Carle Health offers a comprehensive benefits package for team members and providers. To learn more visit careers.carlehealth.org/benefits.

What Carle Health employees say

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About Carle

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Each and every employee at Carle makes us better and stronger, so we can take care of our patients and our community. From clinical to professional and technical careers – our team of employees help us change lives. Carle is proud to be named a Great Place to Work®. Alongside Carle BroMenn Medical Center, Carle Health Methodist Hospital, and Carle Health Proctor Hospital, the Carle Foundation Hospital holds Magnet® designation, the nation’s highest honor for nursing care.

Industry

Health care and social assistance and hospitals

Company size

10,000+ Employees

Headquarters location

Urbana, IL, US

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