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Construction Risk Management Jobs in Illinois (NOW HIRING)

Northern Trust

Hedge Fund Risk Manager

Chicago, IL · On-site

$80K - $133K/yr

The ideal candidate will act as a strategic partner to the investment team, providing actionable insights on portfolio construction, diversification, and downside risk management. Essential Duties ...

Northern Trust

Hedge Fund Risk Manager

Chicago, IL

$80K - $133K/yr

The ideal candidate will act as a strategic partner to the investment team, providing actionable insights on portfolio construction, diversification, and downside risk management. Essential Duties ...

Northern Trust

Hedge Fund Risk Manager

Chicago, IL · On-site

$80K - $133K/yr

The ideal candidate will act as a strategic partner to the investment team, providing actionable insights on portfolio construction, diversification, and downside risk management. Essential Duties ...

pepperconstruction

Insurance Administrator

Chicago, IL · Hybrid

$40/hr

The Corporate Insurance Administrator reports to the Director, Corporate Risk Management and ... Professional designations such as Construction Risk & Insurance Specialist (CRIS) or Certified ...

Nexamp

Manager, Construction Program

Chicago, IL · Hybrid

$150K - $164K/yr

Manage construction risk by reviewing insurance, waivers, warranties, finance requirements, and reporting. * Oversee project deliverables, schedules, and budgets across a large portfolio to reduce ...

Nexamp

Manager, Construction Program

Chicago, IL · On-site

$150K - $164K/yr

Manage construction risk by reviewing insurance, waivers, warranties, finance requirements, and reporting. * Oversee project deliverables, schedules, and budgets across a large portfolio to reduce ...

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All JobsConstruction Risk Management JobsConstruction Risk Management Jobs in Illinois

Construction Risk Management information

See Illinois salary details

$42.2K

$100.5K

$162.3K

How much do construction risk management jobs pay per year?

As of Jul 14, 2026, the average yearly pay for construction risk management in Illinois is $100,492.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,300.00 and $127,900.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the Construction Risk Management position, and why are they important?

A strong background in construction processes, risk assessment, and project management, often supported by a related degree or professional certifications (such as CRMP or PMP), is key for success in Construction Risk Management. Familiarity with risk management software, safety compliance systems, and data analysis tools is highly valued. Excellent communication, analytical thinking, and negotiation skills help professionals anticipate issues and work effectively with diverse project teams. These competencies are critical to minimizing potential losses, ensuring regulatory compliance, and safeguarding both project timelines and budgets.

What is the highest paying construction management job?

The highest paying construction management roles are often senior positions such as Construction Executive or Director of Construction, which can earn six-figure salaries. These roles typically require extensive experience, advanced certifications, and strong leadership skills in managing large projects and teams.

What is a Construction Risk Management job?

A Construction Risk Management job involves identifying, analyzing, and mitigating risks that could impact construction projects. This includes assessing financial, safety, legal, and environmental risks to prevent delays, cost overruns, or accidents. Professionals in this role develop strategies, ensure compliance with regulations, and collaborate with project stakeholders to minimize potential issues. Effective risk management helps maintain project timelines, budgets, and overall safety.

What is the highest paying risk management job?

In construction risk management, senior roles such as Risk Director or Chief Risk Officer typically have the highest salaries, often exceeding six figures annually. These positions require extensive experience, strong analytical skills, and often industry certifications like CRM or ARM.

What construction jobs pay 100k a year?

Construction risk management roles, such as senior project managers or construction executives, can pay $100,000 or more annually, especially with extensive experience, certifications like PMP, and working on large-scale projects. Other high-paying construction jobs include construction managers, estimators, and site superintendents in specialized or high-demand sectors.

What does a construction risk manager do?

A construction risk manager identifies, assesses, and mitigates potential risks that could impact construction projects, such as safety hazards, financial issues, or delays. They develop risk management plans, ensure compliance with safety regulations, and use tools like risk assessment software to minimize project vulnerabilities.

What are the typical daily responsibilities of someone working in Construction Risk Management?

Professionals in Construction Risk Management spend their days identifying potential project risks, conducting site and contract reviews, and collaborating with project managers, engineers, and safety officers to develop mitigation strategies. They review insurance requirements, assess safety protocols, and monitor compliance with regulations to avert costly delays or accidents. Regular communication with stakeholders and documentation of findings are also integral parts of the job. This role balances proactive planning with quick decision-making to protect both project investments and on-site personnel.

What are the most commonly searched types of Construction Risk Management jobs in Illinois? The most popular types of Construction Risk Management jobs in Illinois are:
What are popular job titles related to Construction Risk Management jobs in Illinois? For Construction Risk Management jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Construction Risk Management jobs in Illinois look for? The top searched job categories for Construction Risk Management jobs in Illinois are:
What cities in Illinois are hiring for Construction Risk Management jobs? Cities in Illinois with the most Construction Risk Management job openings:
Construction Risk Management jobs near you
Infographic showing various Construction Risk Management job openings in Illinois as of July 2026, with employment types broken down into 92% Full Time, 5% Part Time, 1% Temporary, and 2% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $100,492 per year, or $48.3 per hour.
Quantitative Risk Management Consultant

Quantitative Risk Management Consultant

Software Guidance & Assistance

Chicago, IL • On-site

Other

Posted 23 days ago

Job description

Software Guidance & Assistance, Inc., (SGA), is searching for a Quantitative Risk Management Consultant for a CONTRACT assignment with one of our premier Financial Services clients in Chicago, IL .
Responsibilities :
  • The Quantitative Risk Team in the Risk Management Department is responsible for developing, analyzing, and back-testing models for clearing initiatives. Daily responsibilities include code release testing, historical data validation, margin and stress testing model validation, and portfolio back-testing. The candidate must have the ability to efficiently, effectively conduct research, analyze problems, formulate and implement solutions, and produce high quality results on time.
Required Skills :
  • Masters in Computer Science, Financial Engineering, Financial Mathematics, Mathematics, Physics, or a related discipline.
  • Superb quantitative and analytical background.
  • Excellent programming, communication, and documentation skills.
  • Knowledge of financial markets.

Preferred Skills :
  • Work experience or education in advanced quantitative risk modeling and knowledge of statistical models in risk management preferred.
  • Work experience or education in advanced derivatives modeling and knowledge of volatility models preferred.
  • Work experience or education in curve construction and data validation preferred.

SGA is a technology and resource solutions provider driven to stand out. We are a women-owned business. Our mission: to solve big IT problems with a more personal, boutique approach. Each year, we match consultants like you to more than 1,000 engagements. When we say let's work better together, we mean it. You'll join a diverse team built on these core values: customer service, employee development, and quality and integrity in everything we do. Be yourself, love what you do and find your passion at work. Please find us at .
#LI-NG1
SGA is an Equal Opportunity Employer and does not discriminate on the basis of Race, Color, Sex, Sexual Orientation, Gender Identity, Religion, National Origin, Disability, Veteran Status, Age, Marital Status, Pregnancy, Genetic Information, or Other Legally Protected Status. We are committed to providing access, equal opportunity, and reasonable accommodation for individuals with disabilities in employment, and our services, programs, and activities. Please visit our company to request an accommodation or assistance regarding our policy.

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