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Director Of Risk Control Jobs in Park Ridge, IL (NOW HIRING)

Global Head of Risk Management

Chicago, IL · On-site

$225K - $300K/yr

The role will report to the CAO and work closely with other members of the executive suite and board of directors. How You Can Make An Impact * Define and drive enhancements to the firm's Risk ...

Senior Risk Manager

Lisle, IL · On-site

$138K - $207K/yr

Position Overview Under the direction of the Director of Risk Management, the Senior Risk Manager will design, negotiate, manage and maintain International's global insurance programs. The Senior ...

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 ...

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Director Of Risk Control information

See Park Ridge, IL salary details

$10.8K

$139.7K

How much do director of risk control jobs pay per year?

As of Jul 22, 2026, the average yearly pay for director of risk control in Park Ridge, IL is $138,756.00, according to ZipRecruiter salary data. Most workers in this role earn between $138,700.00 and $138,700.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Director Of Risk Control, and why are they important?

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.

What does a director of risk control do?

A director of risk control oversees strategies to identify, assess, and mitigate risks that could impact an organization’s operations or financial stability. They develop safety protocols, implement loss prevention measures, and ensure compliance with regulations, often using data analysis and risk management tools. This role typically requires strong leadership, industry knowledge, and relevant certifications such as CRM or ARM.

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 are the 3 C's of risk management?

The 3 C's of risk management are typically Control, Communication, and Cooperation. Control involves implementing measures to reduce or eliminate risks, Communication ensures all stakeholders are informed about risks and mitigation strategies, and Cooperation emphasizes collaboration among teams to effectively manage risks. As a Director of Risk Control, understanding these principles helps in developing comprehensive risk mitigation plans and fostering a proactive safety culture.

What is the highest paying risk management job?

The highest paying risk management roles are often executive-level positions such as Chief Risk Officer (CRO) or Vice President of Risk Management, with salaries exceeding $200,000 annually. These roles require extensive experience, strategic oversight, and often certifications like FRM or CRM, and they typically involve overseeing enterprise-wide risk strategies in large organizations.

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.

How much does a risk director make in the US?

A Risk Director in the US typically earns between $120,000 and $180,000 annually, with salaries varying based on experience, industry, and location. Senior risk management roles may include bonuses and benefits, and strong analytical and leadership skills are often required.
What job categories do people searching Director Of Risk Control jobs in Park Ridge, IL look for? The top searched job categories for Director Of Risk Control jobs in Park Ridge, IL are:
What cities near Park Ridge, IL are hiring for Director Of Risk Control jobs? Cities near Park Ridge, IL with the most Director Of Risk Control job openings:
AVP Risk Manager, Reporting

AVP Risk Manager, Reporting

Zurich Insurance Group

Schaumburg, IL • On-site

Full-time

Posted 29 days ago


Job description

Zurich North America is seeking an AVP - Risk Manager to provide second line oversight and governance across business units. This role partners with senior stakeholders to ensure risk management practices are effectively embedded, supports risk-informed decision making, and ensures alignment with enterprise and regulatory expectations.
The AVP - Risk Manager provides independent oversight, objective review, and guidance of business unit risk activities to ensure strong governance, regulatory alignment, and adherence to enterprise risk management standards. This role is responsible for leading and supporting key risk governance processes, partnering with business stakeholders, and delivering timely, high-quality risk insights and reporting.
  • Lead and support risk and control reporting for local executives, including coordination, review, and follow-up on key risk outputs.
  • Support local risk & control and Assurance Coordinator activities to ensure effective governance, alignment, and execution of risk-related deliverables.
  • Oversee and contribute to the ZAIC Quarterly Risk Report process, ensuring quality, completeness, and timely delivery of risk inputs and reporting.
  • Serve as the risk partner for the US Joint Venture and other local business units, providing oversight, guidance, and challenge on risk matters and governance activities.
  • Support ORSA activities, including coordination, review, and consolidation of inputs to enable effective risk assessment and enterprise reporting.

Basic Qualifications:
  • Bachelors Degree in Risk Management and 7 or more years of experience in the Risk Management área OR
  • High School Diploma or Equivalent and 9 or more years of experience in the Risk Management área OR
  • Zurich Certified Insurance Apprentice including an Associate Degree in Risk Management and 7 or more years of experience in the Risk Management área AND
  • 7 or more years in the insurance or financial industry, including experience in different technical functions
  • Knowledge in risk management or risk engineering

Preferred Qualifications:
  • Strong ability to challenge and influence senior stakeholders
  • Experience with risk frameworks, governance, and regulatory expectations
  • Proven ability to manage multiple priorities and deliver high-quality outputs
  • Strong written and verbal communication skills
  • Advanced degree and/or professional risk or finance certification
  • Demonstrates independent judgment and effective challenge
  • Applies an enterprise-wide perspective to risk assessment and decision-making
  • Influences outcomes in a matrixed environment
  • Ensures strong governance, execution, and delivery discipline
  • Builds capability through coaching and enablement across teams

Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply-your unique background matters to us.
The pay range shown is a national average and may vary by location. The proposed salary range for this position is $110,220 - $180,510, with short-term incentive bonus eligibility set at 20%.
We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here.]
Why Zurich?
At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment-so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500®.
Join us for a brighter future-for yourself and our customers.
Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets.
Zurich complies with 18 U.S. Code § 1033.
Please note: Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal.
Location(s): AM - Schaumburg
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No
Linkedin Recruiter Tag: #LI-MG1 #LI-DIRECTOR