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Commercial Risk Management Jobs in Chicago, IL (NOW HIRING)

Senior Risk Manager

Lisle, IL · On-site

$138K - $207K/yr

Position Overview Under the direction of the Director of Risk Management, the Senior Risk Manager ... The Group's product portfolio comprises trucks, buses, and light-duty commercial vehicles ...

Coordinate with the procurement and legal functions to review subcontract terms and conditions for commercial risk prior to award. Change Management & Claims * Lead the company's change management ...

Dir Senior Counsel

Chicago, IL

$143K - $195K/yr

Manage legal and commercial risk in partner, vendor, and subcontractor relationships critical to services delivery * Handle escalated contract negotiations involving material customer relationships ...

Dir Senior Counsel

Chicago, IL · On-site

$143K - $195K/yr

Manage legal and commercial risk in partner, vendor, and subcontractor relationships critical to services delivery * Handle escalated contract negotiations involving material customer relationships ...

Showing results 21-40

Commercial Risk Management information

See Chicago, IL salary details

$53.1K

$114.9K

$175.1K

How much do commercial risk management jobs pay per year?

As of Aug 23, 2026, the average yearly pay for commercial risk management in Chicago, IL is $114,919.00, according to ZipRecruiter salary data. Most workers in this role earn between $92,700.00 and $132,900.00 per year, depending on experience, location, and employer.

What is the difference between Commercial Risk Management vs Insurance Underwriter?

AspectCommercial Risk ManagementInsurance Underwriter
CredentialsCertifications like CRM, ARM, CPCU often preferredProfessional designations such as CPCU, ARM, or FCAS common
Work EnvironmentCorporate offices, client meetings, risk assessment teamsInsurance companies, underwriting departments, risk analysis teams
Industry UsageUsed across various industries to mitigate business risksPrimarily within insurance companies to evaluate policy applications

Commercial Risk Management focuses on identifying and mitigating risks for businesses across industries, often working directly with clients. Insurance Underwriters evaluate insurance applications to determine coverage and premiums. While both roles involve risk assessment, Commercial Risk Managers have a broader scope, whereas Underwriters specialize in insurance policy evaluation.

Is commercial risk management a profitable career?

Commercial risk management is generally a well-paying career, especially for professionals with specialized skills, certifications, and experience. Salaries can vary based on industry, location, and level of responsibility, but it is considered a financially rewarding field for those with strong analytical and risk assessment abilities.

What does a commercial risk management do?

A commercial risk management professional identifies, assesses, and mitigates risks that could impact a company's financial performance or operations. They analyze market conditions, contractual obligations, and industry trends to develop strategies that minimize potential losses. Strong analytical skills and knowledge of risk assessment tools are essential in this role.

What job categories do people searching Commercial Risk Management jobs in Chicago, IL look for?

The top searched job categories for Commercial Risk Management jobs in Chicago, IL are:

Infographic showing various Commercial Risk Management job openings in Chicago, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 57% In-person, 14% Hybrid, and 29% Remote job distribution, with an average salary of $114,919 per year, or $55.2 per hour.

Senior Loss Control/Risk Management Consultant (Commercial P&C)

Amerisure Mutual Insurance Company

Lisle, IL • Remote

Full-time

Medical, Retirement, PTO

Re-posted 7 days ago


Job description

Amerisure creates exceptional value for its partners, policyholders, and employees. As a property and casualty insurance company, Amerisure's promise to our partner agencies and policyholders begins with a comprehensive line of insurance products designed to protect businesses, as well as the health and safety of every employee. With an A.M. Best "A" (Excellent) rating, Amerisure serves mid-sized commercial enterprises focused in construction, manufacturing and healthcare. Ranked as one of the top 100 Property & Casualty companies in the United States, we proudly manage nearly $1 Billion of Direct Written Premium and maintain $1.21 billion in surplus.

We are recruiting for a Senior Risk Management/Loss Control Consultant to join our team. This is a remote position that will ideally sit in the Chicagoland area, or potentially in western IL.

Position Summary:

Conducts insurance risk management surveys on a range of moderate to complex risks, aiming to enhance policyholder risk profiles by identifying and mitigating safety hazards. Actively contributes to the development and support of technical expertise. Drives the promotion, marketing, and advancement of Company initiatives, focusing on profitable growth. Demonstrates One Amerisure behaviors with dedication, fostering strong relationships with assigned Partners for Success (PFS) Agencies and their clients.

Responsibilities:

  • Execute risk management consultations at policyholders' premises and develop risk management programs recommendations based on observations.

  • Leverages technology to support virtual engagement within a hybrid work environment.

  • Initiates, provides, and shares resources with policyholders and agency customers on risk management topics and trends.

  • Provide quantitative/qualitative analysis with conclusions to drive customer service objectives and activities and develop a plan to improve risk exposures across the book.

  • Manage workload assignments to attain agency customer engagement activities to meet organizational objectives.

  • Leverages technology and innovation to support virtual engagement within a hybrid work environment.

  • Collaborate with underwriting and claims in new business acquisition and account retention.

  • Conduct training sessions for the policyholder and agency customers. As required, participate in conference presentations

  • Promote markets and otherwise advance the company initiatives through relationships with their assigned agency and their clients. Serve as an advisor on risk management matters.

  • Participates in assigned workgroups supporting profitability and service delivery

  • Elevates any trends or issues identified.

  • Engage with vendors to support our service delivery and risk improvement strategies.

  • Mentor and train other risk management consultants and support new employee onboarding activities under leadership direction.

Requirements:

  • Bachelor's degree in risk management or a related field with advanced certification/designation (CSP, ARM, CRM, CIC, CPCU) preferred.

  • 5 or more years of Loss Control experience in multi-line commercial property & casualty.

  • We're targeting candidates with commercial property insurance experience.

  • High acumen with business computer applications including MS Office products and other industry platforms. This includes virtual meeting and conferencing applications.

  • Demonstrated successful ability to build positive relationships and partnerships within department, across the organization and with external customers. Engages as needed with corporate underwriting to support business activities.

  • Well-developed conflict resolution skills - with the ability to engage other departments.

  • Excellent organizational skills, including ability to multi-task and prioritize workload.

  • Excellent problem-solving, critical thinking, analytical, and decision-making skills, including the ability to deal with ambiguity.

  • Ability to work independently but collaboratively.

  • Excellent verbal and written communication skills with the ability to interact with internal and external customers and communicate complex technical subjects both verbally and written format.

  • Ability to work effectively with minimal supervision.

  • Must have a valid driver's license, an acceptable driving record

  • The ability to travel up to 4 overnights a month.

#LI-Remote #LI-CR1

Just as we are committed to creating exceptional value for our Partners For Success agencies and policyholders, Amerisure also remains committed to being an employer of choice. We reinforce this commitment by adhering to an Employee Value Proposition that, in part, is provided through a competitive total rewards package. This package includes competitive base pay, performance-based incentive pay, comprehensive health and welfare benefits, a 401(k) savings plan with profit sharing, and generous paid time off programs. We also offer flexible work arrangements to promote work-life balance. Recognized as one of the Best and Brightest Companies to Work For in the Nation and one of Business Insurance magazine's Best Places to Work in Insurance, we provide a workplace that fosters excellence and professional growth. If you are looking for a collaborative and rewarding career, Amerisure is looking for you.

Amerisure Mutual Insurance Company is an Equal Employment Opportunity employer. Amerisure provides equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (to include sexual orientation and gender identity), national origin, age, disability, genetic information, veteran status, or any other protected characteristic under applicable federal, state, or local laws. Amerisure complies with all applicable laws governing nondiscrimination in employment in all locations where the company operates. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. Amerisure prohibits harassment or discrimination of any kind and is committed to maintaining a workplace free from unlawful harassment or discrimination. Amerisure prohibits retaliation against anyone who reports discrimination, participates in an investigation, or opposes unlawful practices. Any improper interference with an employee's ability to perform their job duties may result in disciplinary action, up to and including termination.