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Claims Risk Manager Jobs in Park Ridge, IL (NOW HIRING)

This role will help risk management teams identify high-risk incidents earlier, classify claims by likely severity and financial impact, and provide explainable insights that support faster ...

Risk Management Manager

Chicago, IL · On-site

$71 - $102/hr

Provides assistance with claims investigation, management and litigation. Facilitates reporting of safety data/events. Evaluates risk management program(s) through the use of data capture, follow up ...

This role will help risk management teams identify high-risk incidents earlier, classify claims by likely severity and financial impact, and provide explainable insights that support faster ...

Provides assistance with claims investigation, management and litigation. Facilitates reporting of safety data/events. Evaluates risk management program(s) through the use of data capture, follow up ...

Showing results 21-40

Claims Risk Manager information

See Park Ridge, IL salary details

$34.4K

$86.5K

$136.8K

How much do claims risk manager jobs pay per year?

As of Aug 20, 2026, the average yearly pay for claims risk manager in Park Ridge, IL is $86,456.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,900.00 and $103,300.00 per year, depending on experience, location, and employer.

What does a claims risk manager do?

A Claims Risk Manager is responsible for identifying, assessing, and managing risks associated with insurance claims within an organization. They analyze claims data to detect patterns, prevent fraudulent activity, and develop strategies to minimize financial losses. Additionally, they work closely with claims adjusters, legal teams, and other departments to ensure compliance with regulations and to optimize claims processes. Their goal is to protect the company from unnecessary losses while ensuring legitimate claims are handled efficiently.

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

To thrive as a Claims Risk Manager, you need expertise in insurance claims processes, risk assessment, and regulatory compliance, typically backed by a bachelor’s degree in a relevant field and experience in claims management. Familiarity with claims management systems, risk modeling software, and certifications such as CPCU (Chartered Property Casualty Underwriter) or ARM (Associate in Risk Management) are often required. Strong analytical thinking, attention to detail, and effective communication skills help you investigate claims and collaborate with stakeholders. These skills enable accurate risk evaluation, minimize losses, and ensure the organization’s compliance and financial stability.

How does a claims risk manager typically collaborate with other departments to minimize organizational risk?

A Claims Risk Manager works closely with departments such as underwriting, legal, compliance, and operations to identify potential risk exposures and implement effective mitigation strategies. They often participate in cross-functional meetings to review claims trends, share insights, and develop risk management policies. This collaborative approach ensures that the organization proactively addresses risks, maintains regulatory compliance, and continually improves claims processes for better outcomes.

What is the difference between Claims Risk Manager vs Claims Adjuster?

AspectClaims Risk ManagerClaims Adjuster
CredentialsTypically requires a bachelor’s degree in risk management, insurance, or related field; certifications like CPCU or ARM are commonRequires a high school diploma or bachelor’s degree; insurance licenses may be needed depending on state
Work EnvironmentOffice-based, strategic planning, risk assessment, policy developmentField or office-based, investigating claims, assessing damages, negotiating settlements
Industry UsageUsed across insurance companies, risk management firms, and large corporationsPrimarily in insurance companies, adjusting claims for auto, property, or health insurance

The Claims Risk Manager focuses on identifying and mitigating risks related to claims, developing policies, and overseeing risk strategies. In contrast, a Claims Adjuster handles the day-to-day investigation and settlement of individual claims. Both roles are essential in the insurance industry but differ in scope and responsibilities.

How much do claims risk managers make in the US?

Claims risk managers in the US typically earn a median annual salary of around $80,000 to $100,000, with experienced professionals and those in senior roles earning over $120,000. Salaries vary based on location, industry, experience, and certifications such as CPCU or ARM.

Is Claims Risk Manager a good career?

A Claims Risk Manager oversees the assessment and mitigation of insurance claim risks, often requiring strong analytical skills and knowledge of insurance policies. The role offers opportunities for advancement and typically involves working in insurance, risk management, or corporate environments. It can be a stable and rewarding career for those interested in risk analysis and insurance processes.

What job categories do people searching Claims Risk Manager jobs in Park Ridge, IL look for?

The top searched job categories for Claims Risk Manager jobs in Park Ridge, IL are:

What cities near Park Ridge, IL are hiring for Claims Risk Manager jobs?

Cities near Park Ridge, IL with the most Claims Risk Manager job openings:

Infographic showing various Claims Risk Manager job openings in Park Ridge, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 86% In-person, 6% Hybrid, and 8% Remote job distribution, with an average salary of $86,456 per year, or $41.6 per hour.

Surety Claims Specialist (Customs Bond Claims Adjuster)

Avalon Risk Management

Schaumburg, IL • On-site

$52K - $56K/yr

Full-time

Medical, Dental, Vision, Retirement

Posted 9 days ago


Job description

Description:

Avalon Risk Management (“Avalon”) is a specialty insurance broker with offices throughout the U.S. and Canada. We focus on the unique and exciting world of risk management and insurance products for the international trade and logistics industry. Avalon is a privately held company owned by our founding management team. We are looking for a Surety Claims Specialist (Adjuster) to join our Bond Claims department. This full-time exempt position will work from our headquarters located at 200 N. Martingale Rd., Ste. 700, Schaumburg, Illinois 60173.


Surety Claims Specialists work with importers/principals to resolve claims related to Customs and miscellaneous bonds, which may involve asking for payment on the claim. Our professionals must be able to confidently work in an ever-changing environment while they stay on top of new developments and legal requirements. Essential functions of this role include but are not limited to:

  • Independently investigate, evaluate, and adjudicate surety bond claims. Claims are handled within our established guidelines for each Surety/Trust.
  • Communicating directly with claimants, trustors/principals, and Customs & Border Protection (CBP) regarding claim files. Acknowledging claims, notifying client, recording claims data within appropriate systems and issuing payments in a professional and timely manner.
  • Analyze claims for statutory compliance, procedural defects, and enforceability; determine the validity and proper disposition of each claim
  • Proactively and regularly research applicable federal statutes, regulations, and agency guidance to identify defenses and determine appropriate responses
  • Exercise professional judgment to decide when payment is proper versus when claims should be defended to protect the surety program
  • Manage aggressive enforcement timelines, frequently requiring responses within compressed timeframes
  • Draft and file petitions and/or protests referencing mitigation guidelines and other governing statutes to mitigate or cancel claims
  • Answering calls on claims line and provide claim forms to claimants via email or fax
  • Evaluate Bond Programs (i.e. TIA) claims issued to our surety/trust companies through investigation, data gathering, researching regulations, etc.
  • Draft claim denials to claimants based on claim research.

A Claims Adjuster license will be required for this position within the first 180 days of employment. Avalon will help you obtain this license upon hire and we bear the associated expenses.


Bond Claims professionals demonstrate strong regulatory and statutory awareness by being proactive and curious. They have the ability to interpret and apply written guidance in ever-changing situations. And they are comfortable directly interacting with claimants and CBP across phone, email, mail, and fax. This role requires good judgment and clear documentation to support defensible decisions. Attention to detail is critical, along with the ability to manage a high volume of work while consistently meeting deadlines. Candidates must be able to prioritize effectively in an ever-changing environment and exercise good judgment in recognizing when issues require escalation or immediate attention.


We are seeking candidates with a minimum of 3 years of relevant experience in a professional role within the importation industry or related fields such as contracts, finance, or billing support. Prior experience in direct insurance support, particularly with a focus on logistics, is a plus. Preference will be given to candidates who have direct experience with tariffs, international shipping, and/or working with Customs and Border Protection. Strong follow-up skills are essential, along with the ability to consistently meet deadlines. Candidates should have professional interpersonal skills and be willing to be firm with insureds.


Avalon is a premier provider of innovative insurance and surety solutions. This is a full-time, exempt position with a starting base compensation range of $52,000 - $56,000 per year, depending on experience. We offer an excellent benefits package that includes health, dental and vision insurance, 401(k), tuition reimbursement, student debt assistance, and more. After an introductory training period, new hires are eligible for a hybrid in-office and work from home environment. Avalon is an equal opportunity employer with a best in class culture for employees. Apply today via our quick application process!

Requirements: