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Director Of Risk Management Jobs in Carol Stream, IL

inlandgroup

Director of Risk Management

Oak Brook, IL · On-site

Reporting directly to the Chief Risk Officer, EVP , the Director of Risk Management will oversee complex insurance programs, captive operations, claims management, and key financial and strategic ...

powercon

Director of Risk Management

Chicago, IL

$150K - $175K/yr

POSITION SUMMARY The Director of Risk Management is responsible for the strategic oversight and execution of the Company's insurance, claims, and risk management programs. This position provides ...

New

Acadia Healthcare

Director of Risk Management

Chicago, IL · On-site

$97K - $116K/yr

Plan, organize, direct, and oversee all aspects of risk management activities. Promote a safe environment for the protection of patients, clients, employees, and visitors to the facility in such a ...

Geneva Trading

Global Head of Risk Management

Chicago, IL · On-site

$225K - $300K/yr

... of directors. How You Can Make An Impact * Define and drive enhancements to the firm's Risk ... Supervise and manage all employees of the Risk team globally * Model, analyze, and optimize ...

International Motors, LLC

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 ...

ElectronX

Head of Risk

Chicago, IL · On-site

$225K - $300K/yr

S.-regulated, direct access electricity derivatives market, offering financial products to address ... The right person has seen risk management done well at established institutions and knows what to ...

PremiStar

Risk Manager

Deerfield, IL · On-site

... management oversight, and risk mitigation initiatives within a multi-state HVAC and MEP service and construction environment. Reporting jointly to the Controller and Director of Safety, this role ...

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All JobsOf Risk Management JobsDirector Of Risk Management JobsDirector Of Risk Management Jobs in Carol Stream, IL

Director Of Risk Management information

See Carol Stream, IL salary details

$55.9K

$148.1K

$268.9K

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

As of Aug 6, 2026, the average yearly pay for director of risk management in Carol Stream, IL is $148,096.00, according to ZipRecruiter salary data. Most workers in this role earn between $109,100.00 and $173,200.00 per year, depending on experience, location, and employer.

What does a director of risk management do?

A director of risk management oversees an organization’s strategies to identify, assess, and mitigate potential risks that could impact business operations, financial stability, or reputation. They develop risk management policies, coordinate with other departments, and ensure compliance with regulations, often using tools like risk assessment software. Strong analytical skills and industry certifications are typically required for this role.

What does a director of risk management make?

A director of risk management typically earns a salary ranging from $100,000 to $200,000 annually, depending on industry, experience, and location. They often oversee risk assessment, mitigation strategies, and compliance efforts, requiring strong analytical and leadership skills.

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

AspectDirector Of Risk ManagementRisk Analyst
CredentialsTypically requires advanced degrees (e.g., MBA, Risk Management certifications)Bachelor's degree in finance, risk management, or related field
Work EnvironmentStrategic leadership, overseeing risk policies and teamsData analysis, risk assessment, supporting risk management strategies
Industry UsageUsed in large corporations, financial institutions, insurance companiesCommon in finance, insurance, and corporate sectors

The Director Of Risk Management focuses on strategic oversight and leadership in risk policies, while the Risk Analyst handles data analysis and risk assessment tasks. Both roles are essential in risk management but differ in scope and seniority.

What job categories do people searching Director Of Risk Management jobs in Carol Stream, IL look for? The top searched job categories for Director Of Risk Management jobs in Carol Stream, IL are:
What cities near Carol Stream, IL are hiring for Director Of Risk Management jobs? Cities near Carol Stream, IL with the most Director Of Risk Management job openings:
Director Of Risk Management jobs near you
Infographic showing various Director Of Risk Management job openings in Carol Stream, IL as of June 2026, with employment types broken down into 1% Internship, 7% As Needed, 44% Full Time, 44% Part Time, 3% Temporary, and 1% Contract. Highlights an 93% Physical, 1% Hybrid, and 6% Remote job distribution, with an average salary of $148,096 per year, or $71.2 per hour.

Director of Risk Management

inlandgroup

Oak Brook, IL • On-site

Other

Re-posted 14 days ago

Job description

The Inland Real Estate Group of Companies, a diversified real estate, investment, and financial services organization, is seeking an experienced Director of Risk Management to lead and advance our enterprise-wide risk management strategy. This is a highly visible, senior-level role with broad exposure to executive leadership and multiple business lines across the organization.

Reporting directly to the Chief Risk Officer, EVP, the Director of Risk Management will oversee complex insurance programs, captive operations, claims management, and key financial and strategic risk initiatives. Inland Risk Management operates as a shared service model, offering the opportunity to collaborate closely with leaders across the firm and influence risk strategy at an enterprise level.

Key Responsibilities
  • Lead the placement, structure, and ongoing management of complex property & casualty insurance programs, including D&O/E&O, Cyber, EPL, Fiduciary, Crime, and Workers’ Compensation.
  • Oversee claims management, ensuring effective resolution and cost control.
  • Manage and grow a single-parent captive insurance program domiciled in Vermont, coordinating with brokers, captive managers, and internal stakeholders to maximize utilization and revenue opportunities.
  • Conduct comprehensive risk assessments and enterprise risk analysis, identifying exposures and developing mitigation strategies.
  • Support and participate in Enterprise Risk Management (ERM) and Environmental, Social & Governance (ESG) initiatives.
  • Develop and execute strategies for collateral recovery, strengthening financial outcomes and reducing losses.
  • Perform risk-related financial forecasting, providing insight and recommendations to support strategic decision-making.
  • Participate in group P&L reviews, analyzing trends, variances, and opportunities for improvement.
  • Serve as a key advisor to leadership on insurance market conditions, coverage optimization, and cost containment.
  • Develop, implement, and maintain risk management policies and procedures in alignment with regulatory and industry best practices.
  • Act as a key member of the Cyber Security Incident Response Team and ESG committee.
  • Lead, mentor, and develop the risk management team, fostering professional growth and continuous improvement.
  • Perform supervisory duties including hiring, performance management, coaching, promotion, and disciplinary actions.
  • Maintain the highest standards of professionalism, integrity, and compliance with all laws, policies, and regulations.
  • Perform other duties as assigned.
Supervisory Responsibility
  • Directly supervises two team members:
    • Administrative Assistant
    • Claims Specialist
Qualifications

Education

  • Bachelor’s degree with a concentration in Risk Management, Finance, or equivalent professional experience required

Experience

  • 10+ years of progressive experience in Risk Management, Claims, Loss Control, Insurance, and Financial Management
  • Demonstrated experience with captive insurance administration (required)

Licenses & Certifications

  • Property & Casualty License – required (or able to obtain within 1 year)
  • ARM (Associate in Risk Management) strongly preferred

Skills & Technical Expertise

  • Expert-level Microsoft Excel skills
  • Proficiency in Microsoft Word and Outlook
  • Experience with RMIS and TPA systems
  • Strong analytical, financial, and problem-solving skills
  • Excellent written and verbal communication abilities
  • Proven leadership skills with the ability to influence across diverse business groups
Why Join Inland
  • High-impact, enterprise-level leadership role
  • Exposure to executive leadership and multiple business platforms
  • Opportunity to shape and grow a sophisticated risk function and captive program
  • Stable, well-established organization with a long-term view

Apply