Risk Manager
Deerfield, IL · On-site
Evaluate limits, deductibles, and retention strategies to align with operational risk profile and ... Review of contractual insurance requirements in commercial service and construction agreements
Risk Manager
Deerfield, IL · On-site
Evaluate limits, deductibles, and retention strategies to align with operational risk profile and ... Review of contractual insurance requirements in commercial service and construction agreements
As part of the larger Operational Risk Management (ORM) organization, you will work with talented associates to provide oversight and effective challenge to ensure that our businesses effectively ...
As part of the larger Operational Risk Management (ORM) organization, you will work with talented associates to provide oversight and effective challenge to ensure that our businesses effectively ...
Risk Manager, Business Continuity and Resilience Risk Management Do you want to be part of an ... This includes enabling our organization to maintain a sustainable and holistic operational risk ...
Risk Manager, Business Continuity and Resilience Risk Management Do you want to be part of an ... This includes enabling our organization to maintain a sustainable and holistic operational risk ...
As part of the larger Operational Risk Management (ORM) organization, you will work with talented associates to provide oversight and effective challenge to ensure that our businesses effectively ...
As part of the larger Operational Risk Management (ORM) organization, you will work with talented associates to provide oversight and effective challenge to ensure that our businesses effectively ...
Position Information Hiring Manager: Associate Director Department: Operational Risk Management Department Overview The Operational Risk Management ("ORM") Department is responsible for the Risk ...
Position Information Hiring Manager: Associate Director Department: Operational Risk Management Department Overview The Operational Risk Management ("ORM") Department is responsible for the Risk ...
Position Information Hiring Manager: Associate Director Department: Operational Risk Management Department Overview The Operational Risk Management ("ORM") Department is responsible for the Risk ...
Position Information Hiring Manager: Associate Director Department: Operational Risk Management Department Overview The Operational Risk Management ("ORM") Department is responsible for the Risk ...
Position Information Hiring Manager: Associate Director Department: Operational Risk Management Department Overview The Operational Risk Management ("ORM") Department is responsible for the Risk ...
Position Information Hiring Manager: Associate Director Department: Operational Risk Management Department Overview The Operational Risk Management ("ORM") Department is responsible for the Risk ...
Position Information Hiring Manager: Associate Director Department: Operational Risk Management Department Overview The Operational Risk Management ("ORM") Department is responsible for the Risk ...
Position Information Hiring Manager: Associate Director Department: Operational Risk Management Department Overview The Operational Risk Management ("ORM") Department is responsible for the Risk ...
Lead and manage a team of operational risk testing professionals and provide oversight of the risk-based monitoring and evaluation activities, including risk assessment, monitoring and testing ...
Lead and manage a team of operational risk testing professionals and provide oversight of the risk-based monitoring and evaluation activities, including risk assessment, monitoring and testing ...
Compliance and Operational Risk Management ) and 3rd line (i.e., Audit/Credit Review) * Lead/support regulatory exams and audits * Synthesize data and reporting; perform analysis and bring valuable ...
Compliance and Operational Risk Management ) and 3rd line (i.e., Audit/Credit Review) * Lead/support regulatory exams and audits * Synthesize data and reporting; perform analysis and bring valuable ...
Compliance and Operational Risk Management ) and 3rd line (i.e., Audit/Credit Review) * Lead/support regulatory exams and audits * Synthesize data and reporting; perform analysis and bring valuable ...
Compliance and Operational Risk Management ) and 3rd line (i.e., Audit/Credit Review) * Lead/support regulatory exams and audits * Synthesize data and reporting; perform analysis and bring valuable ...
Risk Manager
Chicago, IL · On-site
$100K - $150K/yr
Provide expert advice on insurance needs, contractual risk transfer, and indemnity provisions. Explain complex insurance concepts during client negotiations and present on risk management topics to ...
Risk Manager
Chicago, IL · On-site
$100K - $150K/yr
Provide expert advice on insurance needs, contractual risk transfer, and indemnity provisions. Explain complex insurance concepts during client negotiations and present on risk management topics to ...
Risk Manager
Chicago, IL · On-site
$100K - $150K/yr
Provide expert advice on insurance needs, contractual risk transfer, and indemnity provisions. Explain complex insurance concepts during client negotiations and present on risk management topics to ...
Risk Manager
Chicago, IL · On-site
$100K - $150K/yr
Provide expert advice on insurance needs, contractual risk transfer, and indemnity provisions. Explain complex insurance concepts during client negotiations and present on risk management topics to ...
Risk Manager
Chicago, IL · Hybrid
$100K - $150K/yr
Provide expert advice on insurance needs, contractual risk transfer, and indemnity provisions. Explain complex insurance concepts during client negotiations and present on risk management topics to ...
Risk Manager
Chicago, IL · Hybrid
$100K - $150K/yr
Provide expert advice on insurance needs, contractual risk transfer, and indemnity provisions. Explain complex insurance concepts during client negotiations and present on risk management topics to ...
Sr. Cybersecurity Operational Risk Officer
$103K - $132K/yr
... operations, network and cloud security architecture, identity and access management, and cyber ... Provide expert advice on cybersecurity and AI risk management practices, offering practical ...
Sr. Cybersecurity Operational Risk Officer
$103K - $132K/yr
... operations, network and cloud security architecture, identity and access management, and cyber ... Provide expert advice on cybersecurity and AI risk management practices, offering practical ...
... operational, financial, and contractual risks within a complex construction environment. MAJOR ... Manager (CRM) * Minimum of 10 years of progressive risk and insurance management experience ...
... operational, financial, and contractual risks within a complex construction environment. MAJOR ... Manager (CRM) * Minimum of 10 years of progressive risk and insurance management experience ...
... operational, financial, and contractual risks within a complex construction environment. MAJOR ... Manager (CRM) * Minimum of 10 years of progressive risk and insurance management experience ...
... operational, financial, and contractual risks within a complex construction environment. MAJOR ... Manager (CRM) * Minimum of 10 years of progressive risk and insurance management experience ...
Partner effectively with specialized teams across the enterprise-including Operational Risk Management, Enterprise Risk Management, Compliance, Business Risk Offices, Information Technology, Basel ...
Partner effectively with specialized teams across the enterprise-including Operational Risk Management, Enterprise Risk Management, Compliance, Business Risk Offices, Information Technology, Basel ...
Director, Risk Management
Barrington, IL · On-site
... operational, financial, and contractual risks within a complex construction environment. MAJOR ... Manager (CRM) * Minimum of 10 years of progressive risk and insurance management experience ...
Director, Risk Management
Barrington, IL · On-site
... operational, financial, and contractual risks within a complex construction environment. MAJOR ... Manager (CRM) * Minimum of 10 years of progressive risk and insurance management experience ...
Manager, Risk Manager
Riverwoods, IL · On-site
Partner effectively with specialized teams across the enterprise-including Operational Risk Management, Enterprise Risk Management, Compliance, Business Risk Offices, Information Technology, Basel ...
Manager, Risk Manager
Riverwoods, IL · On-site
Partner effectively with specialized teams across the enterprise-including Operational Risk Management, Enterprise Risk Management, Compliance, Business Risk Offices, Information Technology, Basel ...
Contractual Operational Risk Manager information
See Chicago, IL salary details
$48.4K - $66.2K
5% of jobs
$77K is the 25th percentile. Wages below this are outliers.
$66.2K - $84K
33% of jobs
The median wage is $99.7K / yr.
$84K - $101.8K
14% of jobs
$101.8K - $119.6K
14% of jobs
$119.6K - $137.4K
5% of jobs
$150K is the 75th percentile. Wages above this are outliers.
$137.4K - $155.2K
6% of jobs
$155.2K - $173K
7% of jobs
$173K - $190.8K
5% of jobs
$190.8K - $208.6K
2% of jobs
$208.6K - $226.4K
8% of jobs
$226.4K - $244.1K
0% of jobs
$48.4K
$124.3K
$244.1K
How much do contractual operational risk manager jobs pay per year?
As of Aug 5, 2026, the average yearly pay for contractual operational risk manager in Chicago, IL is $124,344.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,700.00 and $163,800.00 per year, depending on experience, location, and employer.
What are the most commonly searched types of Operational Risk Manager jobs in Chicago, IL? The most popular types of Operational Risk Manager jobs in Chicago, IL are:
Job description
The Risk Manager is responsible for leading the organization's enterprise insurance strategy, claims management oversight, and risk mitigation initiatives within a multi-state HVAC and MEP service and construction environment.
Reporting jointly to the Controller and Director of Safety, this role serves as a strategic partner to Finance, Safety, Operations, and Executive Leadership to reduce total cost of risk, strengthen insurance performance, and protect enterprise financial stability across all Business Units.
This position requires a seasoned risk professional with deep property & casualty insurance expertise, executive-level claims management experience, and working knowledge of field operations and safety performance in HVAC/MEP environments.
Key Responsibilities
Claims & Total Cost of Risk Management
Risk Analytics & Operational Alignment
Contractual Risk & Compliance
Qualifications
MINIMUM AND/OR PREFERRED QUALIFICATIONS:
Additional Requirements
PHYSICAL DEMANDS
WORK ENVIRONMENT:
This job operates in both an office and a field environment. Must be able to sit and/or stand for extended periods of time.
REASONABLE ACCOMODATION:
Reasonable accommodation will be made to enable individuals with disabilities to perform the essential job functions unless doing so presents an undue hardship on the Company's business operations.
OTHER DUTIES:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice. Employees understand the above job description and agree to comply with and be subject to its conditions. Employee further agrees this job description does not alter his/her at-will employment status. Employees understand the Company reserves the right to delegate, remove, expand or change all responsibilities. Employees acknowledge that he/she can fulfill the above duties with or without reasonable accommodation.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Reporting jointly to the Controller and Director of Safety, this role serves as a strategic partner to Finance, Safety, Operations, and Executive Leadership to reduce total cost of risk, strengthen insurance performance, and protect enterprise financial stability across all Business Units.
This position requires a seasoned risk professional with deep property & casualty insurance expertise, executive-level claims management experience, and working knowledge of field operations and safety performance in HVAC/MEP environments.
Key Responsibilities
- Enterprise Insurance Strategy
- Lead administration and strategic oversight of all property & casualty insurance programs, including general liability, auto liability, workers' compensation, umbrella/excess, and property
- Partner with brokers and carriers to develop renewal strategy, underwriting submissions, coverage negotiations, and program structure optimization.
- Lead the annual insurance renewal process, gather necessary information from business units for the annual renewal, prepare summarized information to review internally and supply to the broker. Develop insurance rates for monthly accruals performed by the business.
- Evaluate limits, deductibles, and retention strategies to align with operational risk profile and financial objectives
- Support M&A due diligence, insurance modeling, and post-acquisition integration
Claims & Total Cost of Risk Management
- Provide executive-level oversight of workers' compensation, auto, general liability, and property claims arising from HVAC and MEP operations
- Partner with TPAs, carriers, and legal counsel to manage complex and litigated claims
- Review reserves, monitor large-loss development, and provide financial forecasting insight to leadership
- Conduct structured quarterly claims reviews with Business Unit leadership
- Analyze claim frequency, severity, lag time, and emerging loss trends to drive corrective action
Risk Analytics & Operational Alignment
- Analyze TRIR trends, at-fault auto incidents, and operational loss drivers across the enterprise
- Partner with the Director of Safety to align prevention initiatives with insurance data and financial impact
- Support targeted interventions for high-loss Business Units
- Provide insurance education and financial risk insight to General Managers and senior leadership
- Parter with Corporate Accounting on monthly deductible cross charges
- Key contact for business and insurance broker related to insurance matters
Contractual Risk & Compliance
- Review of contractual insurance requirements in commercial service and construction agreements
- Ensure certificates of insurance and compliance documentation align with enterprise standards
- Mitigate contractual transfer risk exposure
Qualifications
- Bachelor's degree in risk management, Insurance, Finance, Business, Safety, or related field required
- Minimum 10 years of progressive experience in insurance risk management, claims oversight, underwriting, or enterprise property & casualty leadership
- Experience supporting construction, HVAC, MEP, or field service operations strongly preferred
- Experience managing large deductible or self-insured retention programs preferred
- Demonstrated experience partnering with executive leadership on financial risk strategy
- Strong analytical, financial modeling, and communication skills
MINIMUM AND/OR PREFERRED QUALIFICATIONS:
- ARM
- CPCU
- CSP or safety credential a plus
- MBA or advanced business degree a plus
Additional Requirements
- Ability to travel to Business Unit locations as needed
- Ability to walk active construction sites, rooftops, mechanical rooms, and shop environments
- Ability to access elevated work areas and fleet operations environments
- Executive presence and ability to influence senior operational leaders
- Ability to manage priorities across geographically dispersed operations
PHYSICAL DEMANDS
- The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
WORK ENVIRONMENT:
This job operates in both an office and a field environment. Must be able to sit and/or stand for extended periods of time.
REASONABLE ACCOMODATION:
Reasonable accommodation will be made to enable individuals with disabilities to perform the essential job functions unless doing so presents an undue hardship on the Company's business operations.
OTHER DUTIES:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice. Employees understand the above job description and agree to comply with and be subject to its conditions. Employee further agrees this job description does not alter his/her at-will employment status. Employees understand the Company reserves the right to delegate, remove, expand or change all responsibilities. Employees acknowledge that he/she can fulfill the above duties with or without reasonable accommodation.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
About PremiStar
Sourced by ZipRecruiter
Industry
Facilities support services
Company size
1,001 - 5,000 Employees
Headquarters location
Deerfield, IL, US
Year founded
1930