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Director Of Risk Control Jobs in Illinois (NOW HIRING)

Head of Risk Management

Chicago, IL · On-site

$350K - $420K/yr

... and control risk. This role also leads the placement and coordination of Commercial Property ... Develop and direct production of reports and analyze financial results of the risk management ...

Head of Risk Management

Chicago, IL · On-site

$350K - $420K/yr

... and control risk. This role also leads the placement and coordination of Commercial Property ... Develop and direct production of reports and analyze financial results of the risk management ...

Head of Risk

Chicago, IL · On-site

$150 - $250/hr

S.-regulated, direct access electricity derivatives market, offering financial products to address ... S. ISOs and transition to margin-based trading, we need a Head of Risk who can design the ...

Head of Risk

Chicago, IL · On-site

$225K - $300K/yr

S.-regulated, direct access electricity derivatives market, offering financial products to address ... S. ISOs and transition to margin-based trading, we need a Head of Risk who can design the ...

Risk Control Advisor

Chicago, IL · On-site

$100K - $200K/yr

Take ownership of and maintain risk control service plans for all assigned clients * Work independently with minimal guidance REQUIRED EXPERIENCE AND SKILLS * Provide Safety Training, Facility Audits ...

Showing results 21-40

Director Of Risk Control information

What are the key skills and qualifications needed to thrive as a director of risk control?

To thrive as a Director Of Risk Control, you need strong expertise in risk management, regulatory compliance, and business operations, often supported by a relevant degree and certifications such as CRM or CPCU. Familiarity with risk assessment software, data analysis tools, and enterprise risk management systems is typically required. Leadership, strategic thinking, and excellent communication skills set outstanding professionals apart in this role. These competencies are critical for effectively identifying, mitigating, and communicating risks to protect organizational assets and ensure regulatory compliance.

How does a director of risk control typically collaborate with other departments to implement effective risk management strategies?

A Director of Risk Control works closely with departments such as operations, legal, compliance, and finance to identify, assess, and mitigate risks across the organization. This role often involves leading cross-functional meetings, developing training programs, and ensuring that risk control policies are integrated into daily business processes. Effective collaboration requires strong communication skills, as the Director must translate complex risk concepts into actionable steps for various teams. Regular reporting and feedback loops help ensure that risk management strategies remain aligned with organizational goals and regulatory requirements.

What is the difference between Director Of Risk Control vs Risk Analyst?

AspectDirector Of Risk ControlRisk Analyst
CredentialsBachelor's degree, often advanced certifications (e.g., ARM, CPCU)Bachelor's degree, often certifications like CRM or FRM
Work EnvironmentStrategic planning, leadership, cross-department collaborationData analysis, risk assessment, report preparation
Employer & IndustryInsurance, finance, large corporationsInsurance, finance, consulting firms
Search & Comparison IntentUnderstanding leadership roles in risk managementAnalyzing risk data and assessments

The main difference is that the Director Of Risk Control oversees risk management strategies and leads teams, while a Risk Analyst focuses on analyzing data to identify and assess risks. The director has broader responsibilities and strategic oversight, whereas the analyst is more involved in data-driven risk evaluation.

What cities in Illinois are hiring for Director Of Risk Control jobs?

Cities in Illinois with the most Director Of Risk Control job openings:

Senior Risk Control Consultant Field - Downers Grove, IL

Veteran Jobs - 2023 Mar 01 - Veterans Resources

Downers Grove, IL

$104K - $171K/yr

Full-time

Posted 12 days ago


Job description


ATTENTION MILITARY AFFILIATED JOB SEEKERS - Our organization works with partner companies to source qualified talent for their open roles. The following position is available to Veterans, Transitioning Military, National Guard and Reserve Members, Military Spouses, Wounded Warriors, and their Caregivers. If you have the required skill set, education requirements, and experience, please click the submit button and follow the next steps.
Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
Job Category
Risk Control
Compensation Overview
The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.
Salary Range
$104,000.00 - $171,700.00
Target Openings
1
What Is the Opportunity?
Provide the Underwriter with account knowledge as it relates to hazards, controls, and management.  They will need to evaluate how a company identifies and manages their inherent risk factors.  Additionally they are expected to differentiate the account from others in similar classes of business. In this role the consultant will be working with our largest, most complex and all lines accounts.     This role reports to the Risk Control Field Director or Managing Risk Control Consultant.      This job does not manage others.
What Will You Do?
Maintain a consistent field presence, spending approximately 20% - 50% of the time onsite with customers. Traveling to customers may entail long-distance, overnight travel, and/or multi-night trips depending on the needs of the business and alignment with territory and/or geography.
Partner and have joint ownership with Underwriting to select, retain, and grow a profitable book of business.
Build and maintain productive relationships with Underwriting, Claim, Risk Control Specialists, and Brokers to service customers as a unified team.
Complete all lines risk assessment evaluations for multiple/diverse businesses with high complexity such as manufacturing, large warehouse operations including challenging property, products liability exposures with potential for the most severe losses, largest multi-location companies, and largest fleet exposures and generally business with the most significant exposures.
Write technically detailed reports that communicate a clear assessment of risk and effectively articulate recommendations.
Discover and evaluate customer needs through loss analysis and customer readiness in order to provide Risk Control products and services to help control losses.
Identify uncontrolled exposures to influence the customer to make improvements and take corrective actions to mitigate the potential for loss.
Provide solutions to assist the customer in risk mitigation through the use of our extensive span of resources. Stay current with technical subject matters, regulatory environment and emerging issues.
Subject matter expert in specialty area(s) (in such disciplines as Fleet, Sprinkler Contractor, Inland Marine, Industrial Hygiene, Human Factors & Ergonomics) to support the broader team to conduct Level of Expertise consults.
Stay current with technical subject matters, regulatory environment and emerging issues.
Create a valued customer experience through each assessment and service encounter.
Ability to maintain core Sr. RCC responsibilities while taking on higher level project work that impacts the RC organization or Travelers enterprise.
Perform other duties as assigned.