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Commercial Risk Manager Jobs in Illinois (NOW HIRING)

$160K - $205K/yr

First-movers will define the next era of commercial risk management, and Shepherd is building it. Shepherd is a technology-driven Managing General Underwriter (MGU) transforming commercial Property ...

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 ...

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 ...

VP, Credit Risk Oversight

Rosemont, IL · On-site

$117K - $150K/yr

Wintrust provides community and commercial banking, specialty finance and wealth management ... Be part of a strong, mature, risk management governance framework. * Option to work at corporate ...

VP, Credit Risk Oversight

Rosemont, IL · On-site

$117K - $150K/yr

Wintrust provides community and commercial banking, specialty finance and wealth management ... Be part of a strong, mature, risk management governance framework. * Option to work at corporate ...

VP, Credit Risk Oversight

Rosemont, IL · On-site

$117K - $150K/yr

Wintrust provides community and commercial banking, specialty finance and wealth management ... Be part of a strong, mature, risk management governance framework. * Option to work at corporate ...

Showing results 21-40

Commercial Risk Manager information

What does a commercial risk manager do?

A Commercial Risk Manager is responsible for identifying, assessing, and mitigating risks that could impact a company's business operations and profitability. They analyze internal and external factors, develop risk management strategies, and implement policies to minimize potential financial losses or legal liabilities. These professionals often collaborate with various departments to ensure compliance and maintain the organization's risk profile within acceptable limits.

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

To thrive as a Commercial Risk Manager, you need expertise in risk assessment, financial analysis, and a solid understanding of regulatory compliance, typically supported by a bachelor’s degree in finance, business, or related fields. Familiarity with risk management software, data analytics tools, and relevant certifications such as CRM (Certified Risk Manager) or FRM (Financial Risk Manager) is often required. Strong communication, problem-solving, and decision-making abilities help build trust with stakeholders and manage complex risk scenarios. These skills ensure the organization can proactively identify, evaluate, and mitigate potential risks, safeguarding company assets and supporting business growth.

How does a commercial risk manager typically collaborate with other departments within an organization?

A Commercial Risk Manager works closely with various departments such as sales, finance, legal, and operations to identify, assess, and mitigate risks that could impact business objectives. This role often involves facilitating risk assessments, providing guidance on contract terms, and ensuring compliance with internal policies and external regulations. Effective communication and relationship-building are key, as the Commercial Risk Manager must translate complex risk concepts into actionable recommendations for different teams. Regular cross-functional meetings and risk reporting are common practices to keep all stakeholders informed and aligned.

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

AspectCommercial Risk ManagerInsurance Underwriter
CredentialsTypically requires a bachelor's degree in business, finance, or risk management; professional certifications like CRM or RIMS are commonRequires a bachelor's degree in finance, economics, or related fields; certifications like CPCU or ARM are advantageous
Work EnvironmentWorks within companies to assess and mitigate risks related to commercial operationsWorks for insurance companies to evaluate and price insurance policies
Industry UsageUsed across industries to manage business risks and ensure financial stabilityPrimarily in insurance companies to determine policy terms and premiums

The Commercial Risk Manager and Insurance Underwriter roles share a focus on risk assessment and require similar credentials. However, the Risk Manager works internally to manage company risks, while the Underwriter evaluates risks to set insurance policies. Both roles are vital in their respective sectors and often collaborate to ensure comprehensive risk coverage.

Do commercial risk managers make good money?

Commercial risk managers typically earn a competitive salary that varies based on experience, industry, and location. According to industry data, median annual salaries range from $80,000 to over $130,000, with higher earnings possible for those with advanced certifications or extensive experience. The role often requires strong analytical skills and knowledge of risk assessment tools.

What are popular job titles related to Commercial Risk Manager jobs in Illinois?

For Commercial Risk Manager jobs in Illinois, the most frequently searched job titles are:

What cities in Illinois are hiring for Commercial Risk Manager jobs?

Cities in Illinois with the most Commercial Risk Manager job openings:

Infographic showing various Commercial Risk Manager job openings in Illinois as of August 2026, with employment types broken down into 90% Full Time, 9% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution.

Bilingual Marketing & Strategic Account Manager, Commercial Risk, Taiwan/Greater China Global Sol...

Aon Corporation

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 9 days ago


Aon rating

8.1

Company rating: 8.1 out of 10

Based on 77 frontline employees who took The Breakroom Quiz

63rd of 151 rated financial services


Job description

As a part of Taiwan/Greater China Global Solutions in U.S., you will manage and coordinate accounts and prospects, building and maintaining strong relationships with key client stakeholders and internal account service teams.

Aon is in the business of better decisions

Aon is in the business of better decisions. At Aon, we shape decisions for the better to protect At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organization, we are united through trust as one inclusive team, and we are passionate about helping our colleagues and clients succeed.

What the Day Will Look Like

The role involves production and strategic account coordination of key U.S. Taiwan/Greater China clients & prospects, frequently interacting with client leadership externally and Aon's Account Service Teams.

  • Proactively identify and develop new business opportunities, expanding the book of business and strengthening overall client relationships.
  • Act as the lead Account Executive within Aon U.S. for Taiwan clients’ U.S. risks, serving as the primary point of contact for Taiwan-headquartered clients on their U.S. exposures.
  • Serve U.S. local client entities directly, answering questions and resolving issues during U.S. business hours to ensure timely responses and issue resolution
  • Collaborate with practice & geographical offices to advance opportunities, support account plans, and contribute to pipeline development and revenue growth initiatives.
  • Facilitate client-facing discussions and internal alignment to ensure opportunities are effectively positioned and progressed.
  • Act as a bilingual bridge between clients and Aon teams, working closely with Commercial Risk and other solution groups to coordinate tailored solutions and address client needs.
  • Work closely with Aon Taiwan and client headquarters in Taiwan on strategy, program design, placement approach, and key account decisions to ensure alignment with the overall client relationship and client expectations from Taiwan.
  • Coordinate with Aon U.S. local offices and specialty practices on placement execution, renewals, servicing, and complex risk solutions.
  • Support Mexico-related client needs and coordinate with relevant Aon teams, recognizing the growing expansion of Taiwan clients into Mexico as part of their North American operations strategy.
How this opportunity is different

This role is specifically designed to support Taiwan/Greater China multinational clients and requires a unique combination of bilingual communication skills and cultural fluency. You will play a key role in identifying opportunities, building relationships, and advancing business initiatives in close partnership with internal stakeholders. Success in this role comes from the ability to bridge cultural and organizational gaps, communicate effectively across languages, and translate client needs into actionable strategies. By aligning internal resources and coordinating across stakeholders, you will help strengthen client relationships, advance business opportunities, and deliver consistent, high-quality solutions.

In particular, success will depend on deeply understanding Taiwan clients’ business models, culture, and expectations, and ensuring that U.S. servicing is tightly aligned with strategies and decisions driven from Taiwan HQ.

Skills and Experience That Will Lead to Success
  • Bilingual in business-level Mandarin Chinese and English, both spoken and written.
  • 10+ years of sales, consulting, account management, marketing, or client advisory experience (preferably in commercial risk or insurance).
  • Taiwanese background preferred. Ability to communicate in Taiwanese dialect would be an advantage.
  • Client-facing experience at a brokerage, insurance company, financial institution, or professional services firm serving Taiwan/Greater China clients.
  • Complex project management experience.
  • Strong stakeholder management skills, influence cross-functional teams across multiple locations and time zones.
  • Deep understanding of Taiwan business culture, decision-making processes, and the expectations of Taiwan-headquartered multinational clients.
  • Experience managing strategic or multinational accounts and navigating complex organizational structures.
  • Willingness to acquire a Property & Casualty license within 90 days of employment (Aon pays for training materials and exam).

Education: Bachelor's degree or equivalent experience.

For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.

Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

Pay Transparency Laws:

The salary range for this position (intended for U.S. applicants) is $140,000 - $175,000 annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s geographic location.

This position is eligible to participate in one of Aon’s annual incentive plans to receive an annual discretionary bonus in addition to base salary. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.

Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.

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2584897Qualifications:UNAVAILABLEEducation:UNAVAILABLEEmployment Type: FULL_TIME

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About Aon

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Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

Industry

Business management consulting

Company size

10,000+ Employees

Headquarters location

Chicago, IL, US

Year founded

1992