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Cyber Risk Management Jobs in Illinois (NOW HIRING)

Cyber Manager - Advisory

Chicago, IL · Hybrid

$114K - $154K/yr

... effective risk management of cyber risk, and more effective cyber risk transfer solutions ... Collaborate with Aon's advisory resources to recommend strategies to reduce security risks across a ...

Cyber Manager - Advisory

Chicago, IL · Hybrid

$114K - $154K/yr

... effective risk management of cyber risk, and more effective cyber risk transfer solutions ... Collaborate with Aon's advisory resources to recommend strategies to reduce security risks across a ...

Cyber Manager - Advisory

Chicago, IL · On-site

$114K - $154K/yr

... effective risk management of cyber risk, and more effective cyber risk transfer solutions ... Collaborate with Aon's advisory resources to recommend strategies to reduce security risks across a ...

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Cyber Risk Management information

See Illinois salary details

$13

$29

$71

How much do cyber risk management jobs pay per hour?

As of Jun 13, 2026, the average hourly pay for cyber risk management in Illinois is $29.40, according to ZipRecruiter salary data. Most workers in this role earn between $18.85 and $37.50 per hour, depending on experience, location, and employer.

What is a Cyber Risk Management job?

A Cyber Risk Management job involves identifying, assessing, and mitigating cybersecurity risks that could impact an organization. Professionals in this field develop risk management frameworks, implement security controls, and ensure compliance with industry regulations. They work closely with IT and business teams to minimize cyber threats, such as data breaches and ransomware attacks. Their goal is to protect sensitive information and maintain business continuity.

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

To thrive in Cyber Risk Management, you need a strong understanding of information security principles, risk assessment methodologies, and regulatory compliance, often supported by a degree in cybersecurity, information technology, or a related field. Familiarity with tools such as risk management software, vulnerability assessment platforms, and certifications like CISSP, CISM, or CRISC is highly valued. Excellent analytical thinking, communication, and problem-solving skills help professionals effectively advise stakeholders and coordinate incident response efforts. These skills are crucial for identifying, evaluating, and mitigating cyber risks to safeguard organizational assets and ensure business continuity.

Can you make $500,000 a year in cyber security?

Cyber Risk Management professionals can potentially earn $500,000 or more annually, especially at senior levels or in executive roles such as Chief Information Security Officer (CISO). Achieving this salary typically requires extensive experience, advanced certifications like CISSP or CISM, and leadership responsibilities within large organizations. High salaries are often associated with specialized skills, strategic oversight, and the ability to manage complex security risks.

Is 40 too old for cyber security?

Cyber Risk Management professionals can succeed at any age, as the field values experience, problem-solving skills, and continuous learning. Many individuals transition into cybersecurity later in their careers by obtaining certifications like CISSP or CompTIA Security+ and developing relevant technical skills. Age is generally not a barrier to entering or advancing in cybersecurity roles.

What are some common challenges faced in a Cyber Risk Management role, and how are they typically addressed?

Professionals in Cyber Risk Management often encounter challenges such as keeping up with rapidly evolving cyber threats, ensuring compliance with complex regulations, and balancing security needs with business objectives. Addressing these issues requires continuous learning, leveraging up-to-date threat intelligence, and collaborating closely with IT, legal, and management teams to develop effective risk mitigation strategies. Many organizations encourage ongoing training and participation in industry events to stay current, while fostering a culture of open communication to quickly identify and address vulnerabilities. Embracing a proactive and adaptable approach ensures that cyber risks are managed effectively while supporting the organization’s goals.

Is cybersecurity still worth it in 2026?

Cyber Risk Management remains a vital role in 2026 as organizations continue to face evolving cyber threats. Professionals in this field need strong technical skills, knowledge of security frameworks, and certifications like CISSP or CISM to effectively protect digital assets and ensure compliance.

Can I make $200,000 a year in cyber security?

Cyber Risk Management professionals can potentially earn $200,000 or more annually, especially with extensive experience, advanced certifications like CISSP or CISM, and roles in high-demand industries or senior positions. Salary levels vary based on location, company size, and individual expertise, but high-level cybersecurity roles often offer compensation in this range.
What job categories do people searching Cyber Risk Management jobs in Illinois look for? The top searched job categories for Cyber Risk Management jobs in Illinois are:
Infographic showing various Cyber Risk Management job openings in Illinois as of June 2026, with employment types broken down into 61% Full Time, 35% Part Time, and 4% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $61,145 per year, or $29.4 per hour.

Vice President, Cyber Underwriting - Central Region

AmTrust Financial Services, Inc.

Chicago, IL

Full-time

Posted 16 days ago


Job description

ANV Group Holdings Ltd. (“ANV”) is a leading managing general agency platform which writes a diversified mix of specialty, affinity and wholesale insurance products in the United States, United Kingdom, and Europe. With deep industry experience and a history of profitable growth, ANV acquires and scales MGAs and incubates and develops new offerings. Its differentiated underwriting expertise delivers outstanding solutions and service.


  • Strategic Leadership: Drive strategic transformation of cyber insurance portfolios, focusing on innovative risk assessment and market penetration in key regional segments.
  • Portfolio Management: Architect comprehensive performance frameworks for cyber underwriting, implementing advanced risk modeling and precision-driven financial governance.
  • Team Development: Lead, mentor, and grow a team of underwriters, fostering a culture of technical excellence, collaboration, and continuous improvement.
  • Market Engagement: Build and maintain strong relationships with brokers, clients, and industry partners to expand market presence and identify new business opportunities.
  • Risk Assessment: Provide guidance on complex cyber risks, emerging threats, and evolving regulatory requirements to ensure sound underwriting decisions.
  • Innovation & Product Development: Collaborate with product teams to enhance cyber insurance offerings and adapt to changing market dynamics.
  • Compliance & Governance: Ensure underwriting practices comply with internal policies, regulatory standards, and industry best practices.
  • Data-Driven Insights: Utilize analytics and market intelligence to inform underwriting decisions and regional strategy.
  • Cross-Functional Collaboration: Partner with claims, actuarial, and risk management teams to optimize portfolio performance and client outcomes.

  • Education: Bachelor’s degree in Business, Finance, Risk Management, or related field; advanced degree or professional designation (e.g., CPCU, RPLU) preferred.
  • Experience: Demonstrated track record of progressive leadership spanning 10+ years, with deep specialization in complex cyber risk ecosystems and strategic portfolio management.
  • Technical Expertise: Deep understanding of cyber risk, insurance products, and underwriting principles.
  • Leadership Skills: Proven ability to lead and develop high-performing teams across multiple locations.
  • Strategic Thinking: Strong business acumen with experience in regional strategy development and execution.
  • Relationship Management: Exceptional ability to build and maintain broker and client relationships.
  • Analytical Skills: Proficiency in leveraging data and analytics for decision-making and portfolio optimization.
  • Communication: Excellent verbal and written communication skills, including the ability to present to senior executives and external stakeholders.
  • Adaptability: Ability to navigate a rapidly evolving cyber risk landscape and regulatory environment.