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

Governance/Team Support, Corporate/Regulatory, and Litigation/Risk Management. Metra's Ethics ... Reporting to the Manager, Claims, the Sr. Claims Specialist will work with a third-party ...

... risk management challenges, delivering measurable results through advanced technology ... We don't just process claims--we support people. As the largest privately-owned Third Party ...

... risk management challenges, delivering measurable results through advanced technology ... We don't just process claims-we support people. As the largest privately-owned Third Party ...

... risk management challenges, delivering measurable results through advanced technology ... We don't just process claims-we support people. As the largest privately-owned Third Party ...

Engage with underwriting, claims, actuarial, finance, IT, and legal & compliance teams to embed risk management practices * Support enterprise initiatives related to operational risk, third-party ...

The Liability Claims Specialist manages non-complex and non-problematic Liability claims under ... CorVel Careers | Opportunities in Risk Management ABOUT CORVEL: CorVel, a certified Great Place to ...

The Senior Liability Claims Specialist manages mid to complex Auto and/or General Liability claims ... CorVel Careers | Opportunities in Risk Management In general, our opportunities will be posted for ...

The Senior Liability Claims Specialist manages mid to complex Auto and/or General Liability claims ... CorVel Careers | Opportunities in Risk Management In general, our opportunities will be posted for ...

... risk management challenges, delivering measurable results through advanced technology ... We don't just process claims--we support people. As the largest privately-owned Third Party ...

Insurance Claims Manager

Shorewood, IL · On-site

$120K - $160K/yr

... risk assessments. In addition to a competitive compensation package and annual bonus potential ... Insurance Claims Manager Excess And Surplus Commercial Lines Supervisor Team Leader Leadership ...

Zonal Claims Executive

Chicago, IL · On-site

$125K - $166K/yr

IL-Chicago Full time JR2602575 At AIG, we are reimagining the way we help customers to manage risk. Join us as a Zonal Claims Executive to play your part in that transformation. It's an opportunity ...

Environmental Claims Officer

Chicago, IL · On-site +1

$94K - $197K/yr

Partner with brokers, risk managers, reinsurers, and insureds to strengthen relationships and ... D. preferred. * 7 + years claims/legal experience, with at least 2 years within a technical ...

Showing results 41-60

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 Sep 14, 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:

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.

Sr Claims Specialist

Chicago, IL • On-site

Metra
1 - 5K employees

$92K/yr

Full-time

Posted 7 days ago


Job description

Description
The final salary will depend on the candidate's qualifications. Those with 8 years or more of required experience can expect offers up to the midpoint of the salary range. Metra provides full pay ranges so candidates can consider their growth potential.
Click here to learn more about our benefits!
Qualified veterans who meet the minimum requirements will receive outreach during the recruitment process in accordance with Federal and State laws, including the Illinois Veterans Preference Act. Meeting the minimum qualifications does not guarantee an interview or job offer. The most qualified candidate will be selected.
Metra is one of the largest and most complex commuter rail systems in North America, serving Cook, DuPage, Will, Lake, Kane, and McHenry Counties. The agency is linking communities in Northeastern Illinois by providing safe, reliable, and efficient commuter service.
Metra's Law Department is supported by the General Counsel, who reports to Metra's Board of Directors and CEO. The department provides legal counsel to the Board, Metra's senior leadership and every department in the agency. The department is organized into three teams: Governance/Team Support, Corporate/Regulatory, and Litigation/Risk Management. Metra's Ethics Officer is a member of the department. The Law Department focuses on proactively identifying and addressing legal issues in support of Metra's mission to deliver safe, reliable, efficient, and affordable commuter rail service that enhances the economic and environmental health of Northeast Illinois.
Reporting to the Manager, Claims, the Sr. Claims Specialist will work with a third-party administrator (TPA) to investigate and assess agency liability for personal injury, work related incidents covered under Federal Employers' Liability Act (FELA), and property claims; provide the agency's defense counsel with documentation and administrative support pertaining to interrogatories and production requests; and comply with federal reporting requirements.
The primary duties include: Coordinate the collection of information and evidence from various departments to set up claims and provide TPAs with information required to access liability exposure, set appropriate claim reserves based on liability evaluation, severity of injuries and likely extent of damages, assess risk transfer potential, and tender appropriate claims to third parties for further handling and agency indemnification. Conduct investigations and perform other activities to assess the agency's liability and exposure to FELA, personal injury, and property damage claims; obtain internal documents, claimant and witness statements; photograph accident sites; and measure and canvass the incident areas. Review medical reports to track and record medical bill payments. Coordinate with TPA to assist in the negotiation and resolution of open liability claims. Provide documentation and administrative support to Metra's defense counsel pertaining to interrogatories and production requests. Coordinate team's day-to-day activities, assign tasks/projects and monitor performance, and provide guidance and training, but is not a supervisor. Promote safe work practices and maintain and foster a safe work environment. Generally, works indoors but may at times be required to work outdoors during investigations and may be exposed to some severe weather conditions. Perform other related duties as assigned to meet the ongoing needs of the organization.
Metra is a railroad employer subject to the provisions of the Railroad Retirement Tax Act, not the Social Security Administration.
Requirements
  1. Bachelor's degree from an accredited college or university or in lieu of a degree, any combination of education and experience may be substituted for the degree that equals four (4) years in claims management.
  2. In addition to #1, must have five (5) years of claims management experience processing workers compensation, FELA, property and casualty, or personal injury claims.
  3. Working knowledge of principals, practices, and procedures related to risk management, FELA, general liability, property damage, and subrogation.
  4. Working knowledge of litigation techniques.
  5. Working knowledge of government agencies (i.e., Federal Railroad Administration (FRA), RRB, and Centers for Medicare & Medicaid Services); regulations (e.g. Medicare Secondary Payer rule and the State Children's Health Insurance Program (SCHIP) Extension Act of 2007), and their record-keeping and reporting requirements.
  6. Working knowledge of investigation techniques including evidence and admissibility.
  7. Working knowledge of on-line investigation sites to locate claimants and property.
  8. Working knowledge of Illinois and Cook County Civil Procedure and Illinois Personal Injury laws.
  9. Proficient in Microsoft 365 (Word, Exel, Access) and working knowledge of various claims management programs.
  10. Strong analytical, organization, and problem solving skills with attention to details.
  11. Strong written and verbal communication and negotiation skills.
  12. Ability to conduct in-depth investigations and witness interviews.
  13. Ability to prepare detailed, accurate, and objective investigative reports.
  14. Ability to establish and maintain working relationships with internal and external stakeholders such as TPAs, outside counsel, and host railroad carriers.
  15. Ability to write settlement authority memorandum and briefs.
  16. Ability to maintain confidentiality.
  17. Must posses and maintain a driver's license.
  18. Ability to stand, walk, and/or sit, for extended periods of time.
  19. Must be able to operate a vehicle.
  20. Must be willing to travel within and outside of Metra's 6-county region.
  21. Must be available on-call 24-hours/day, 7 days/week, 365 days/year, including weekends and holidays.

Metra employees in an active review period under the current discipline policy or who have documented attendance or performance issues will not be considered and/or selected for this position.
Some positions require an Enhanced Background Check due to the nature of the role. This may include additional criminal history, employment and education verification, credential validation, and other legally permissible checks. All screenings are conducted in compliance with applicable laws and require candidate authorization.
Please note: Regardless of any state laws that legalize marijuana, Metra prohibits applicants and employees' use or possession of marijuana (or marijuana paraphernalia), or having detectable amounts of marijuana in their bodies, including synthetic and/or non-synthetic substances such as THC for any reason for preemployment screening purposes, while on duty, subject to duty, on Metra property, or in Metra work equipment and vehicles.
Metra is committed to ensuring that our career website and recruiting process are accessible to all individuals. For general assistance, please contact talentacquisition@metrarr.com. If you require reasonable accommodations to complete this application, participate in interviews, complete any pre-employment testing, or engage in any other aspect of the employee selection process, please direct your inquiries to the Reasonable Accommodations Committee at RAC@metrarr.com.
Metra is an Equal Opportunity/Affirmative Action Employer. It is our policy to fill vacant positions with qualified candidates without regard to race, color, sex, religion, national origin, age, gender identity, disability, or any protected categories, assuming an individual can perform the essential functions of the job with or without accommodation.