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Director Of Risk Management Jobs in Elgin, IL (NOW HIRING)

This role reports to Director of Risk Management. This is a hybrid position and involves regular performance of job responsibilities virtually as well as in-person at an assigned TU office location ...

... leading the development of a robust cybersecurity risk management program. Cloud Computing ... develop direct and indirect reports to excel in their roles. (future once ICs added under ...

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Director Of Risk Management information

See Elgin, IL salary details

$53.4K

$141.5K

$257K

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

As of Sep 12, 2026, the average yearly pay for director of risk management in Elgin, IL is $141,539.00, according to ZipRecruiter salary data. Most workers in this role earn between $104,300.00 and $165,600.00 per year, depending on experience, location, and employer.

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 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 the industry, company size, and location. They often have advanced degrees and certifications such as CRM or ARM, and their compensation may include bonuses and benefits based on organizational risk mitigation success.

What job categories do people searching Director Of Risk Management jobs in Elgin, IL look for?

The top searched job categories for Director Of Risk Management jobs in Elgin, IL are:

What cities near Elgin, IL are hiring for Director Of Risk Management jobs?

Cities near Elgin, IL with the most Director Of Risk Management job openings:

Infographic showing various Director Of Risk Management job openings in Elgin, IL as of August 2026, with employment types broken down into 84% Full Time, 12% Part Time, 2% Temporary, and 2% Contract. Highlights an 86% Physical, 2% Hybrid, and 12% Remote job distribution, with an average salary of $141,539 per year, or $68 per hour.

Director of Quality and Risk Management

Chicago, IL β€’ On-site

COMMUNITY HEALTH PARTNERSHIP OF ILLINOIS
Public Health Programs AdministrationΒ β€’Β 11 - 50 employees

$95K - $114K/yr

Full-time

Re-posted 17 days ago


Job description

Community Health Partnership of Illinois is a is a non-profit organization that provides primary health care to migrant farmworkers and other medically underserved populations throughout northern and central Illinois that specializes in primary preventative medical, dental, and behavioral health service. Our focus is delivering quality, culturally responsive health care services to our patients, caregivers, and partners in the communities we serve

  • Under the supervision and direction of the Vice President of Operations, the Director of Quality collaborates with management to develop plans and implement policies and procedures consistent with expectations, regulations and requirements established by governmental agencies and accrediting entities (e.g., HRSA, CMS, NCQA, Joint Commission).
  • Implementation of the Quality Assurance and Improvement Program (QAIP) in alignment with the five (5) performance management (PM) phases: 1) establishing standards, 2) measuring performance, 3) reporting progress, 4) engaging in quality improvement, and 5) building a culture that supports quality, compliance, and high performance.
  • Serves as the Risk Manager for the organization and implements a risk management patient safety plan in compliance with all HRSA requirements including FTCA.
  • Oversees the Claims Management of the organization.
  • Provides guidance and oversight of the risk, performance, and quality efforts conducted by all members of the organization. Routinely publishes and reviews performance data on all aspects of the organization.
  • In collaboration with management, provides support and oversight of written guidance, training, and quality improvement (QI) projects to CHP providers and clinical teams to fulfill the goals and measurable objectives of performance standards and quality measures, as well as clinical quality measures (CQMs).

Primary Responsibilities

1) Develops, implements and updates, as needed organization-wide quality and risk management plans to support ongoing continuous clinical performance improvement, including ongoing medical provider and clinic staff education and team building.

2) Oversees the Risk Management and Patient Safety Program and coordinates Risk Management activities with the Compliance Officer, including reviews of adverse health events and incident reports for trends and analysis to inform quality assurance/improvement activities, as well as adherence to policies and procedures in general.

3)Manages the Quality Assurance and Improvement Committee to support CHP clinical performance goals, identify and analyze opportunities for improvement using formalized QI methods (PDCA, PDSA, Lean and/or Six Sigma).

4) Manages the Risk Management Patient Safety Committee to support CHP risk mitigation and patient safety goals, identify and analyze opportunities to mitigate risk using formalized methods (ECRI, OIG, FTCA, etc.

5) Routinely issues reports on clinical quality and performance data at both the organization, provider and staff level, identifies opportunities for improvement, and shares findings in written reports to the Quality Improvement Committee, CHP management, and the CHP Board of Directors.

6) Achieves and maintains Patient Centered Medical Home recognition from the National Committee for Quality Assurance.

7) Submits annual applications for FTCA insurance coverage on a timely basis.

8) Communicates compliance and performance standards throughout the organization, operational and programmatic, with emphasis on achievement of CQMs.

9) Manages data collection, data validation, tracking of clinical quality and performance measures on a continuous basis for supporting program and staff evaluations and identification of areas of improvement.

10) Researches and implements evidence-based strategies designed to obtain measurable improvement in patient/community health outcomes (e.g., creation of patient-centered care teams, analysis, dissemination of patient satisfaction survey scorecards for each clinical team, etc.)

11) Serves on the Clinic Support Team, as an assistant to the Director of Strategic Initiatives, along with the Director of Operations, Medical Director, Dental Director, and Director of Behavioral Health to address integrated manner clinic staffing, improved patient health outcomes, increased efficiencies, and staff satisfaction.

12) Coordinates the tracking and analysis of clinical peer reviews and patient chart audits and monitoring corrective actions.

13) Collaborates with external partners and funders to enrich CHP’s QAI Program. Participates in grant- writing activities, as requested.

14) Performs other duties and assumes other responsibilities as determined in consultation with the Executive Director.

Requirements:

  • Masters Degree in Nursing, Healthcare Management or Business Administration
  • Strong Leadership Skills
  • Experience in Risk Management and Risk Assessment 
  • Deep Understanding of Healthcare regulations and compliance standards