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Clinical Risk Manager Jobs in Chicago, IL (NOW HIRING)

Captive Resources

Underwriter

Itasca, IL · On-site

$100K - $135K/hr

Collaborate with clinical risk management team to assess potential for ongoing claims liability. * Engage with internal and external stakeholders to explain policy terms, underwriting decisions, and ...

Captive Resources

Underwriter

Itasca, IL · On-site +1

Collaborate with clinical risk management team to assess potential for ongoing claims liability. * Engage with internal and external stakeholders to explain policy terms, underwriting decisions, and ...

OrthoArizona

Risk and Compliance Manager

Chicago, IL · On-site

$90 - $140/hr

Professional certifications such as Certified Risk Management Professional (CRMP) or other relevant certifications are highly desirable * 2 years of Acute Care Nursing Clinical Experience * 4 years ...

Surgery Partners

Clinical Manager - ASC

Westmont, IL · On-site

$110K - $135K/yr

Clinical Manager Salary Range: $110,000 - $135,000 based on skill and experience level. GENERAL ... R. suite. * Risk Manager Designee. * Other responsibilities or activities as determined by the ...

Surgery Partners

Clinical Manager - ASC

Westmont, IL · On-site

$110K - $135K/yr

Clinical Manager Salary Range: $110,000 - $135,000 based on skill and experience level. GENERAL ... R. suite. * Risk Manager Designee. * Other responsibilities or activities as determined by the ...

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All JobsClinical Risk JobsClinical Risk Manager JobsClinical Risk Manager Jobs in Chicago, IL

Clinical Risk Manager information

See Chicago, IL salary details

$82.1K

$109.9K

$144.2K

How much do clinical risk manager jobs pay per year?

As of Sep 6, 2026, the average yearly pay for clinical risk manager in Chicago, IL is $109,856.00, according to ZipRecruiter salary data. Most workers in this role earn between $92,891.00 and $133,434.00 per year, depending on experience, location, and employer.

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

To thrive as a Clinical Risk Manager, you need a solid background in healthcare, risk management, and regulatory compliance, typically supported by a clinical degree and certifications such as CPHRM (Certified Professional in Healthcare Risk Management). Familiarity with incident reporting systems, electronic health records, and risk analysis tools is essential. Strong analytical thinking, communication, and problem-solving skills enable effective collaboration with healthcare teams and leadership. These competencies are vital for identifying, mitigating, and preventing risks to ensure patient safety and regulatory compliance in healthcare organizations.

How does a clinical risk manager collaborate with clinical staff to improve patient safety?

Clinical Risk Managers work closely with nurses, physicians, and other healthcare professionals to identify potential risks and prevent adverse events. They often conduct root cause analyses after incidents, facilitate safety training sessions, and lead multidisciplinary meetings to discuss risk mitigation strategies. By fostering open communication and encouraging reporting of near-misses, they help create a culture of safety and continuous improvement within the healthcare facility.

What is the difference between Clinical Risk Manager vs Clinical Risk Coordinator?

AspectClinical Risk ManagerClinical Risk Coordinator
CertificationsCPHRM, RACCPHRM, RAC (sometimes)
Work EnvironmentHospitals, healthcare organizations, risk management departmentsClinics, healthcare facilities, risk management teams
ResponsibilitiesOversees risk management programs, develops policies, analyzes risksAssists in risk assessments, supports risk mitigation efforts, data collection

The Clinical Risk Manager typically holds more advanced certifications and has broader responsibilities in developing and overseeing risk management strategies. The Clinical Risk Coordinator supports these efforts through data collection and risk assessment assistance. Both roles are essential in healthcare risk management but differ in scope and seniority.

Is healthcare risk management a good career?

Healthcare risk management is a growing field that involves identifying and reducing risks to improve patient safety and compliance. Clinical risk managers typically need strong analytical skills, knowledge of healthcare regulations, and certifications such as Certified Professional in Healthcare Risk Management (CPHRM). It offers opportunities for advancement and a stable career in the healthcare industry.

What do clinical risk managers do?

Clinical risk managers identify, assess, and develop strategies to reduce risks related to patient safety and healthcare quality. They analyze incident reports, implement safety protocols, and ensure compliance with healthcare regulations, often using data analysis tools. Their role helps prevent errors and improve overall clinical outcomes.

What are popular job titles related to Clinical Risk Manager jobs in Chicago, IL?

For Clinical Risk Manager jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Clinical Risk Manager jobs in Chicago, IL look for?

The top searched job categories for Clinical Risk Manager jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Clinical Risk Manager jobs?

Cities near Chicago, IL with the most Clinical Risk Manager job openings:

Clinical Risk Manager jobs near you
Infographic showing various Clinical Risk Manager job openings in Chicago, IL as of August 2026, with employment types broken down into 78% Full Time, and 22% Part Time. Highlights an 89% In-person, and 11% Hybrid job distribution, with an average salary of $109,856 per year, or $52.8 per hour.

Underwriter

Captive Resources

Itasca, IL • On-site

$100K - $135K/hr

Full-time

Re-posted 12 days ago

Job description

The Underwriter is responsible for evaluating and underwriting stop-loss insurance. The role involves analyzing medical risk, pricing policies, and making recommendations based on a thorough understanding of both medical costs and insurance principles.

EDUCATION AND EXPERIENCE: A bachelor’s degree in business, finance, insurance, mathematics, or a related field.  2 -5 years of experience in insurance underwriting, preferably in the health insurance or medical stop-loss field. Experience with medical claims analysis, pricing, and risk management is essential.

SKILLS/COMPETENCIES REQUIREMENTS:

  • Stay updated on industry trends, regulatory changes, and best practices in medical stop-loss underwriting.
  • Risk management principles and stop-loss insurance products.
  • Medical terminology, healthcare costs, and trends in medical claims.
  • Regulatory and compliance issues in insurance underwriting.
  • Strong analytical and problem-solving abilities.
  • Proficiency in underwriting software (Connexure ESL Office).
  • Excellent written and verbal communication skills for client interaction and report creation.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Evaluate submissions for medical stop-loss insurance of assigned captive program(s), assessing the risk posed by each potential policyholder.
  • Analyze medical claims data and historical health costs to determine appropriate stop-loss coverage levels, including individual and aggregate limits.
  • Review group health plans, claims experience, and member demographics to assess the potential for high-cost claims.
  • Develop premium pricing for stop-loss insurance policies based on risk analysis and underwriting guidelines within delegate authority.
  • Establish appropriate retention levels, deductible amounts, and policy terms based on the group’s needs and risk factors.
  • Analyze claims data to assess trends, predict future claims, and identify risk patterns.
  • Use various tools, including statistical analysis and software systems, to track claims history and predict future healthcare costs.
  • Collaborate with clinical risk management team to assess potential for ongoing claims liability.
  • Engage with internal and external stakeholders to explain policy terms, underwriting decisions, and negotiate terms when necessary.
  • Support the sales team by providing underwriting insights and assisting with the proposal process for new business.
  • Ensure all underwriting activities comply with regulatory requirements, industry standards, and company guidelines.
  • Maintain accurate records of underwriting decisions, policies, claims history, and communication with clients.

TRAVEL: Occasional travel may be required for meetings, conferences, or client visits. This includes compliance with all of the requirements of the localities and destinations, as well as transportation carrier requirements.

Click here to view all of our current benefits.

Applicants have rights under Federal Employment Laws: Family and Medical Leave Act (FMLA) Poster; Equal Employment Opportunity (EEO) Poster; and Employee Polygraph Protection Act (EPPA) Poster

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