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

PremiStar

Risk Manager

Deerfield, IL · On-site

The Risk Manager is responsible for leading the organization's enterprise insurance strategy ... Parter with Corporate Accounting on monthly deductible cross charges * Key contact for business and ...

Capital One

Manager, Risk Manager

Riverwoods, IL · On-site

Manager, Risk Manager Are you ready to lead from the front line of a top 10 bank? Do you thrive in ... corporate requirements and risk frameworks. * Governance Documentation: Author, review, and ...

Capital One

Manager, Risk Manager

Riverwoods, IL · On-site

Manager, Risk Manager Are you ready to lead from the front line of a top 10 bank? Do you thrive in ... corporate requirements and risk frameworks. * Governance Documentation: Author, review, and ...

Old National Bank

IST Risk Manager

Chicago, IL · On-site

$199K/yr

Key responsibilities include overseeing governance, risk, and compliance (GRC) activities, leading independent testing and validation, and managing corporate security awareness initiatives. Key ...

DV Trading

Credit Risk Manager

Chicago, IL

DV is looking for a Credit Risk Manager to lead its counterparty and credit risk management ... such as corporate bonds or loans) * Own and develop a Credit Risk framework and advise senior ...

NorthShore

Clinical Risk Manager

Chicago, IL · On-site

$42.54 - $65.94/hr

The Clinical Risk Manager is responsible for the review, investigation and prioritization of ... Coordinate communication of preventable untoward outcomes to key corporate individuals as per ...

DV Trading

Credit Risk Manager

Chicago, IL · On-site

$150K - $200K/yr

DV is looking for a Credit Risk Manager to lead its counterparty and credit risk management ... such as corporate bonds or loans) * Own and develop a Credit Risk framework and advise senior ...

DV Trading

Credit Risk Manager

Chicago, IL

$150K - $200K/yr

DV is looking for a Credit Risk Manager to lead its counterparty and credit risk management ... such as corporate bonds or loans) * Own and develop a Credit Risk framework and advise senior ...

DRiV

Insurance Risk Manager

Skokie, IL · On-site

Ensure compliance with insurance regulations, corporate governance requirements, and international ... Provide risk management guidance to business units and regional finance organizations. Education

DRiV

Insurance Risk Manager

Skokie, IL · Hybrid

Ensure compliance with insurance regulations, corporate governance requirements, and international ... Provide risk management guidance to business units and regional finance organizations. Education

Henry Crown & Company

Head of Risk Management

Chicago, IL · On-site

$350K - $420K/yr

This role reports to the CHRO and oversees the Manager of Corporate Safety and Director of Risk Management. Responsibilities * Establish risk management and E,H,S policies, procedures, and guidelines.

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Corporate Risk Manager information

See Chicago, IL salary details

$53.1K

$114.9K

$175.1K

How much do corporate risk manager jobs pay per year?

As of Aug 22, 2026, the average yearly pay for corporate risk manager 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 does a corporate risk manager do?

A Corporate Risk Manager is responsible for identifying, assessing, and mitigating risks that could negatively impact a company’s financial standing, reputation, or operations. They develop risk management strategies, policies, and procedures to minimize potential losses and ensure compliance with regulations. Their work involves analyzing internal and external risks, recommending insurance coverage, and implementing plans to address risks related to market changes, legal issues, or operational failures.

What are some common challenges a corporate risk manager faces when aligning risk strategies with different business units?

A Corporate Risk Manager often encounters the challenge of aligning risk strategies across diverse business units, each with its own objectives and risk appetite. Balancing these differences requires strong communication, negotiation skills, and a deep understanding of the company's overall risk framework. It’s common to facilitate cross-departmental discussions to ensure consistency and buy-in, while tailoring approaches to fit unique operational needs. Successfully navigating these dynamics not only helps mitigate risks but also fosters a collaborative culture around risk management.

What are the key skills and qualifications needed to thrive as a corporate risk manager, and why are they important?

To thrive as a Corporate Risk Manager, you need strong analytical skills, a background in finance or business, and typically a bachelor's or master's degree in a related field. Familiarity with risk assessment tools, enterprise risk management (ERM) systems, and certifications such as FRM (Financial Risk Manager) or CRM (Certified Risk Manager) are highly valued. Exceptional communication, critical thinking, and leadership abilities are essential for influencing decision-makers and managing cross-functional teams. These skills are crucial for identifying, evaluating, and mitigating risks that could impact organizational objectives and ensuring long-term business stability.

What is the difference between Corporate Risk Manager vs Insurance Risk Analyst?

AspectCorporate Risk ManagerInsurance Risk Analyst
CertificationsCRM, FRM, or ERM certifications often preferredFRM, CPCU, or ARM certifications common
Work EnvironmentCorporate offices, risk management departmentsInsurance companies, brokerage firms, risk assessment teams
Employer & IndustryLarge corporations across industriesInsurance firms, reinsurance companies
Primary FocusIdentifying and mitigating enterprise-wide risksAssessing insurance risks and setting premiums

While both roles involve risk assessment, the Corporate Risk Manager focuses on overall enterprise risk management within a company, whereas the Insurance Risk Analyst specializes in evaluating insurance risks and determining policy premiums. Both positions require similar certifications and are integral to risk mitigation strategies in their respective environments.

Do corporate risk managers make good money?

Corporate risk managers typically earn a competitive salary that varies based on experience, industry, and location. According to industry data, the median annual salary ranges from $80,000 to over $130,000, with higher earnings possible for those with advanced certifications or extensive experience. They often work in office environments, utilizing risk assessment tools and analytical skills.

How much do corporate risk managers earn?

Corporate risk managers typically earn a median annual salary of around $100,000, with salaries ranging from approximately $70,000 to over $150,000 depending on experience, industry, and location. Advanced certifications and strong analytical skills can lead to higher compensation in this role.

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

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

Corporate Risk Manager jobs near you
Infographic showing various Corporate Risk Manager job openings in Chicago, IL as of August 2026, with employment types broken down into 87% Full Time, 12% Part Time, and 1% Contract. Highlights an 83% Physical, 2% Hybrid, and 15% Remote job distribution, with an average salary of $114,919 per year, or $55.2 per hour.

Chief Risk, ESG & Safety Leader (Chicago)

CC Industries

Chicago, IL • On-site

Full-time

This job post has expired today. Applications are no longer accepted.

Job description

Henry Crown & Company/CC Industries, based in Chicago, seeks a Senior Enterprise Risk Manager to lead corporate risk management and environmental, health, and safety strategies. You will oversee insurance programs, captives, ERM governance, and claims management while partnering with the CHRO and senior leadership.

The role requires deep risk management expertise in a complex organization, strong communication, and a willingness to travel up to 20%.

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