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

Aon Corporation

Risk Manager

Chicago, IL · On-site

$100K - $150K/yr

The qualified Risk Manager will have 5-7 years of relevant (insurance, brokerage, risk management) experience to assist in running our corporate General Liability, Auto, Pollution, Aviation, and ...

Aon Corporation

Risk Manager

Chicago, IL · Hybrid

$100K - $150K/yr

The qualified Risk Manager will have 5-7 years of relevant (insurance, brokerage, risk management) experience to assist in running our corporate General Liability, Auto, Pollution, Aviation, and ...

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

Risk Manager

Riverwoods, IL · On-site

Risk Manager Capital One's Enterprise Risk Management (ERM) Team has responsibility for helping the ... The Corporate Policy Office (CPO) is a dedicated group of professionals within ERM, focused on ...

Capital One

Manager, Risk Manager

Riverwoods, IL

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 ...

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 ...

Capital One

Senior Risk Manager

Riverwoods, IL

Senior Risk Manager Capital One's Enterprise Risk Management (ERM) Team has responsibility for ... The Corporate Policy Office (CPO) is a dedicated group of professionals within ERM, focused on ...

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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 Jul 31, 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 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 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.

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 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 are popular job titles related to Corporate Risk Manager jobs in Chicago, IL? For Corporate Risk Manager jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Corporate Risk Manager jobs in Chicago, IL look for? The top searched job categories for Corporate Risk Manager jobs in Chicago, IL are:
Corporate Risk Manager jobs near you
Infographic showing various Corporate Risk Manager job openings in Chicago, IL as of July 2026, with employment types broken down into 84% Full Time, 14% Part Time, and 2% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $114,919 per year, or $55.2 per hour.

Risk Manager

Aon Corporation

Chicago, IL • On-site

$100K - $150K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted yesterday

Aon rating

8.0

Company rating: 8.0 out of 10

Based on 76 frontline employees who took The Breakroom Quiz

70th of 149 rated financial services

Job description

Jones Lang LaSalle in partnership with Aon is seeking a Risk Manager!
Jones Lang LaSalle (JLL) is looking for a Risk Manager to join its global team. The position reports to the Director of Risk Management. This is a tremendous opportunity for someone looking to grow their experience as well as career!
Work Style: Hybrid - work in the downtown Chicago office 2-3 days a week.
What this job involves:
The qualified Risk Manager will have 5-7 years of relevant (insurance, brokerage, risk management) experience to assist in running our corporate General Liability, Auto, Pollution, Aviation, and Umbrella insurance programs, including a captive insurance structure.
A successful applicant will demonstrate a strong understanding of how to build insurance programs. They will handle programs, negotiate sophisticated contracts, and serve as a technical expert for internal teams and business leaders. Your primary objective will be to enable business growth and support client engagements while protecting the firm's balance sheet through effective risk management. This role requires collaboration with teams across the world and may involve occasional travel.
Key Responsibilities:
  • Insurance Program & Renewal Management: Lead the annual renewal process for liability insurance programs, advise on strategy and market conditions to data analysis and program structuring to optimize coverage, risk retention, and total cost of risk (TCOR).
  • Business Partnership & Advisory: Serve as the primary risk management resource for internal business divisions. 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 enhance business-wide understanding.
  • Stakeholder & Vendor Relations: Cultivate relationships and partner with external interested parties, including insurance brokers, underwriters, and captive managers, to advocate for the firm's interests and ensure optimal service and program performance.
  • Contract Review & Negotiation: Advise on all insurance and risk-related provisions within new and existing client and vendor contracts, ensuring the firm's assets and interests are protected.
  • Financial Oversight: Partner with the Finance department on program budgeting, forecasting, allocations, and the timely payment of all related invoices.

Required qualifications:
  • Bachelor's degree or equivalent experience in Risk Management, Finance, Business, or a related field.
  • Demonstrated ability in risk management, insurance brokerage, or carrier environment.
  • Strong experience with General Liability and Auto insurance and Umbrella Liability programs.
  • Proven experience negotiating insurance provisions in commercial contracts.
  • Strong analytical skills, with proficiency in Microsoft Excel for crafting charts and graphs.
  • Strategic problem solver who pays attention to detail and has excellent communication and presentation skills. Able to explain technical insurance concepts in business terms to many audiences.

Preferred qualifications:
  • Professional certifications such as Associate in Risk Management (ARM) or Certified Risk Manager (CRM) or similar.
  • Demonstrable experience using and leveraging AI tools to enhance business processes and outcomes is a plus

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 $100,000 to $150,000 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.
The salary range reflected is based on a primary work location of Chicago, IL. The actual salary may vary for applicants in a different 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.
A summary of all the benefits offered for this position:
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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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

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