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Claims Risk Manager Jobs in Romeoville, IL (NOW HIRING)

Socket.dev

Director of Risk Management

Chicago, IL · On-site

$150 - $175/hr

The Director owns program design, renewals, and claims management while partnering with Operations, Safety, Legal, Finance, outside counsels and brokers to drive consistent risk decisions across the ...

Power Construction

Director of Risk Management

Chicago, IL · On-site

$150 - $175/hr

The Director owns program design, renewals, and claims management while partnering with Operations, Safety, Legal, Finance, outside counsels and brokers to drive consistent risk decisions across the ...

Cna

AVP, Global Healthcare Product Leader

Chicago, IL · Hybrid

... management, manuscript language creation, product enhancements, regulatory implementation ... Claims, Risk Control, Operations, Technology, Product Architecture, Distribution, and senior ...

AXA Group

Claims Manager, SDI

Chicago, IL · On-site

$139.30 - $219.30/hr

Claims Manager - SDI Chicago, IL | Hartford, CT | Exton, PA | New York, NY | Morristown, NJ| Boston ... Collaborate with Underwriting and Risk Engineering on claim issues and trends; capture lessons ...

CNA

AVP, Global Healthcare Product Leader

Chicago, IL · On-site

... management, manuscript language creation, product enhancements, regulatory implementation ... Claims, Risk Control, Operations, Technology, Product Architecture, Distribution, and senior ...

Aon

VP, Management Liability Claims

Chicago, IL · On-site

We help companies and individuals around the globe address their most significant risk, workforce ... We are seeking an exceptional VP, Management Liability & Cyber Claims Advocate to join our ...

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Showing results 21-40

All JobsClaims Risk JobsClaims Risk Manager JobsClaims Risk Manager Jobs in Romeoville, IL

Claims Risk Manager information

See Romeoville, IL salary details

$35.7K

$89.6K

$141.7K

How much do claims risk manager jobs pay per year?

As of Aug 20, 2026, the average yearly pay for claims risk manager in Romeoville, IL is $89,584.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,300.00 and $107,100.00 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 Romeoville, IL look for?

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

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

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

Claims Risk Manager jobs near you
Infographic showing various Claims Risk Manager job openings in Romeoville, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 82% In-person, 8% Hybrid, and 10% Remote job distribution, with an average salary of $89,584 per year, or $43.1 per hour.

Director of Risk Management

Socket.dev

Chicago, IL • On-site

$150 - $175/hr

Other

Posted 13 days ago

Job description

ABOUT POWER:
Power Construction is consistently regarded as one of Chicago's largest and most respected General Contractors according to Crain's Chicago. But beyond that, you can find us on the golf course, brewing beer, attending neighborhood festivals, giving back to the community, and spending time together during a range of company-sponsored events. Our culture is one of the reasons we’ve been selected by our employees as a top workplace year after year and it’s reflected in our current 91% employee retention rate.


We are builders. We crave being in the field and share an appetite for innovation. We believe that bringing diverse perspectives together helps foster stronger outcomes. We are driven to wow our clients and business partners, improve our processes, hire the right people, and help them grow.

POSITION SUMMARY

The Director of Risk Management is responsible for the strategic oversight and execution of the Company’s insurance, claims, and risk management programs. This position provides enterprise-level leadership across construction operations, contractual risk transfer, insurance placement, claims management, and controlled insurance programs (CCIP/OCIP/SDI). The Director serves as a trusted advisor to executive leadership, operations, and project teams, ensuring the Company’s risk profile is proactively managed, financially optimized, and aligned with long-term business objectives. The Director owns program design, renewals, and claims management while partnering with Operations, Safety, Legal, Finance, outside counsels and brokers to drive consistent risk decisions across the business.

POSITION REQUIREMENTS
  • Required: Bachelor’s degree. Preferred: Risk Management, Insurance, Finance, Construction Management, or related field.
  • Required: CRIS designation (or equivalent risk/insurance credential). Preferred: ARM, CPCU, or similar advanced designation.
  • Required: 10+ years progressive construction risk/insurance experience with direct ownership of insurance placement/renewals, claims governance, contractual risk transfer, and controlled insurance programs (CCIP/OCIP).
  • Proven people leadership and executive-level communication, that drives strategic alignment and collaboration among diverse internal stakeholders (Operations, Safety, Legal, Finance) and major external partners.
KEY COMPETENCIES
  • Translates complex loss trends, premium data, and operational metrics into actionable executive recommendations and high-impact risk management directives.
  • Directs the end-to-end placement and claims lifecycle for all primary lines (WC/GL/Auto/Professional), utilizing specialized construction sector knowledge to protect corporate assets.
  • Conveys complex risk and insurance concepts through concise, executive-level messaging that facilitates fast, informed decision-making.
  • Builds partnership across the organization to execute process improvements and secure cross-functional alignment.
  • Exercises the ability to influence and negotiate effectively with brokers, carriers, and internal partners to reach equitable outcomes.
  • Drafts key contract clauses to balance risk, secure necessary insurance, and limit legal exposure.
COMPENSATION DETAILS

Salary Range: $150,000 - $175,000

Compensation for this role includes a base salary plus an annual discretionary bonus. Details on our benefits can be found on the Benefits tab within the Careers section of the website.

Power Construction is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law. Power Construction is committed to increasing opportunities for historically disadvantaged workers (including women and members of disproportionately affected racial and ethnic groups), as well as residents of marginalized communities.
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