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Entry Level Risk Engineer Jobs in Chicago, IL (NOW HIRING)

... risk, and support new business. * Interact with advanced business analysts and solution developers to communicate and validate requirements. * Prepare and maintain project documentation and artifacts ...

... risk, and support new business. * Interact with advanced business analysts and solution developers to communicate and validate requirements. * Prepare and maintain project documentation and artifacts ...

Junior Software Engineer

Chicago, IL ยท On-site

$80K - $100K/yr

By combining thought leadership in suitability and risk management with industry-leading education ... About the Role We are looking to fill an entry level software engineer to learn from our top ...

Full-Stack Cloud Engineer

Chicago, IL ยท On-site

$77K - $202K/yr

Within our Risk Consulting practice, you will focus on creating applications that revolutionize ... PwC does not intend to hire experienced or entry level job seekers who will need, now or in the ...

AI Governance Sr Associate

Chicago, IL ยท On-site

$72K - $212K/yr

In this role, you will be part of our Risk and Compliance team, where you will leverage your skills ... PwC does not intend to hire experienced or entry level job seekers who will need, now or in the ...

Showing results 21-40

Entry Level Risk Engineer information

See Chicago, IL salary details

$30.9K

$71.5K

$121.6K

How much do entry level risk engineer jobs pay per year?

As of Aug 8, 2026, the average yearly pay for entry level risk engineer in Chicago, IL is $71,453.00, according to ZipRecruiter salary data. Most workers in this role earn between $53,100.00 and $80,900.00 per year, depending on experience, location, and employer.

What is the difference between Entry Level Risk Engineer vs Risk Analyst?

AspectEntry Level Risk EngineerRisk Analyst
Required CredentialsBachelor's in Engineering, Risk Management, or related field; certifications like CRC or ARM beneficialBachelor's in Finance, Economics, or related; certifications like FRM or CRM advantageous
Work EnvironmentEngineering firms, manufacturing, energy, and industrial sectorsFinancial institutions, insurance companies, consulting firms
Employer & Industry UsageUsed in industries focusing on safety, engineering, and operational riskCommon in finance, insurance, and risk consulting sectors

While both roles involve assessing and managing risk, Entry Level Risk Engineers focus on engineering and operational hazards, whereas Risk Analysts primarily analyze financial risks. The roles share similar educational backgrounds and certifications but differ in industry focus and work environment.

What are the most commonly searched types of Risk Engineer jobs in Chicago, IL? The most popular types of Risk Engineer jobs in Chicago, IL are:
What job categories do people searching Entry Level Risk Engineer jobs in Chicago, IL look for? The top searched job categories for Entry Level Risk Engineer jobs in Chicago, IL are:
Infographic showing various Entry Level Risk Engineer job openings in Chicago, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 86% In-person, and 14% Hybrid job distribution, with an average salary of $71,453 per year, or $34.4 per hour.

Underwriter Inland Marine & Property

Iatinsurancegroup

Naperville, IL โ€ข Hybrid

$55K - $133K/yr

Full-time

Medical, Retirement, PTO

Re-posted 6 days ago


Job description

IAT Insurance Group has an immediate opening for an Inland Marine & Property Underwriter from our Naperville or Rolling Meadows, Illinois location.
We're looking for someone who's ready to play a meaningful role in expanding our presence across the region. You'll manage an existing portfolio while actively building new business, helping grow our footprint in a region that's a key focus for us. This is a role for someone who wants to make an impact, not just maintain the status quo.
This isn't a behind-the-scenes role. It's visible, collaborative, and growth focused. This position follows a hybrid schedule: in the office Monday through Wednesday, with the option to work remotely on Thursday and Friday.
Responsibilities:
  • Review and analyze underwriting files, using judgment and experience as primary criteria, to accept new business or continue renewals within established authority level
  • Review and analyze all documents within or associated with the underwriting file to establish accuracy in identification and minimizing risk of exposure, utilizing change requests, claim information, loss control and outside databases to identify changes in exposure to risk
  • Review, evaluate and determine account premium levels using sound judgment consistent with established company premium modification plans within authority limits
  • Read, evaluate and interpret contracts and policies to determine exposures providing guidance and clarification to others consistent with experience
  • Provide clarification and verification of coverage to the Claims Department consistent with experience
  • Market to assigned agencies to achieve acceptable new business flow
  • Assess agency activity; provide clarification to agency personnel about company's position in annual visits to assigned agencies consistent with experience
  • Perform other tasks as needed
Qualifications:Must-Have:
  • Bachelor's degree in Risk Management, Finance, Business, Economics, or a related field, or equivalent combination of education and relevant experience
  • 2+ years of inland marine and/or property underwriting experience
  • Solid understanding of the insurance marketplace, including pricing and competitive positioning
  • Proven ability to build and maintain broker relationships that drive new and renewal business
  • Experience managing a book of business while contributing to growth
  • Strong skills in pricing, risk selection, and deal structuring
  • Working knowledge of industry trends, products, and the broader competitive landscape
  • To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes
Preferred to Have:
  • Industry designations CPCU, ARM, or AU
  • INS21, 22 and 23
  • Exposure to loss control or risk engineering

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.

Compensation:

Please note, that the annual gross salary range associated with this posting is $55,200 - $133,700. Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role. The total compensation will include a base salary, performance-based bonus opportunities, 401(K) match, profit-sharing opportunities, and more.

To view details of our full benefits, please visit https://www.iatinsurancegroup.com/careers/benefits

ย 

IAT Insurance Group is the largest private, family-owned property and casualty insurer in the U.S. Insurance Answers Together is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers.

At IAT, we're committed to driving and building an open and supportive culture for all. Our employees propel IAT forward - driving innovation, stable partnerships and growth. That's why we continue to build an engaging workplace culture to attract and retain the best talent.

We offer comprehensive benefits like:

  • 26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off
  • 7% 401(k) Company Match and additional Profit Sharing
  • Hybrid work environment
  • Numerous training and development opportunities to assist you in furthering your career
  • Healthcare and Wellness Programs
  • Opportunity to earn performance-based bonuses
  • College Loan Assistance Support Plan
  • Educational Assistance Program
  • Mentorship Program
  • Dress for Your Day Policy

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.