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

Insight

HR Support Specialist - Entry Level

Chicago, IL · On-site

$20 - $25/hr

GENERAL SUMMARY Under the direct supervision of the Vice President, Human Resources/Risk Management, the Human Resources Support Specialist provides a variety of customer support services for the ...

Insight

HR Support Specialist - Entry Level

Chicago, IL · On-site

$20 - $25/hr

GENERAL SUMMARY Under the direct supervision of the Vice President, Human Resources/Risk Management, the Human Resources Support Specialist provides a variety of customer support services for the ...

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All JobsRisk Management JobsEntry Level Risk Management JobsEntry Level Risk Management Jobs in Chicago, IL

Entry Level Risk Management information

See Chicago, IL salary details

$44.8K

$106.9K

$172.7K

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

As of Aug 22, 2026, the average yearly pay for entry level risk management in Chicago, IL is $106,914.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,700.00 and $136,100.00 per year, depending on experience, location, and employer.

What is an entry level risk management?

An entry level risk management job involves identifying, analyzing, and helping to minimize potential risks that could impact a company’s operations and finances. People in these roles often assist senior risk managers by collecting data, preparing reports, and participating in risk assessments. Typical tasks may include reviewing policies, supporting compliance efforts, and learning to use risk assessment tools. This position serves as the starting point for a career in risk management, offering training and exposure to various aspects of the field.

What are the key skills and qualifications needed to thrive as an entry level risk management professional?

To thrive in Entry Level Risk Management, you need strong analytical skills, attention to detail, and a foundational understanding of finance or business, often supported by a relevant bachelor's degree. Familiarity with risk assessment tools, Microsoft Excel, and sometimes certification courses like FRM or basic compliance training is beneficial. Effective communication, critical thinking, and adaptability help you stand out when presenting findings and collaborating with teams. These skills are essential for accurately identifying and mitigating risks to protect organizational assets and ensure regulatory compliance.

What are some common challenges faced by entry level risk management professionals, and how can they effectively address them?

Entry-level risk management professionals often face challenges such as quickly understanding complex regulatory requirements and developing strong analytical skills to identify potential risks. Adapting to fast-paced environments and learning to communicate risk assessments clearly to both technical and non-technical stakeholders are also common hurdles. To overcome these challenges, new professionals should seek mentorship, actively participate in team discussions, continuously update their knowledge of industry trends, and utilize available analytical tools and training resources provided by their organization.

What is the difference between Entry Level Risk Management vs Entry Level Insurance Underwriter?

AspectEntry Level Risk ManagementEntry Level Insurance Underwriter
Required CredentialsBachelor's degree, certifications like CRM or RIMSBachelor's degree, insurance licenses often preferred
Work EnvironmentCorporate offices, consulting firms, financial institutionsInsurance companies, brokerage firms, underwriting departments
Employer & Industry UsageUsed across finance, insurance, and corporate sectorsPrimarily in insurance industry, underwriting departments
Common Search & ComparisonYesYes

Entry Level Risk Management focuses on identifying and mitigating risks across various industries, requiring certifications like CRM or RIMS. Entry Level Insurance Underwriters evaluate insurance applications and determine policy terms, often needing insurance licenses. Both roles are found in corporate and insurance settings, but risk management has a broader industry application, while underwriting is specific to insurance companies.

How hard is it to get into entry level risk management?

Entry level risk management positions typically require a bachelor's degree in finance, business, or a related field, along with strong analytical and communication skills. Relevant certifications like the Certified Risk Management Professional (CRMP) can improve job prospects, but many roles are accessible to recent graduates with internship experience or related coursework.

What qualifications do you need to work in entry level risk management?

Entry level risk management positions typically require a bachelor's degree in fields such as finance, business, economics, or risk management. Strong analytical skills, attention to detail, and proficiency with data analysis tools or software are also important; certifications like the Associate in Risk Management (ARM) can enhance prospects.

What are the most commonly searched types of Risk Management jobs in Chicago, IL?

The most popular types of Risk Management jobs in Chicago, IL are:

What are popular job titles related to Entry Level Risk Management jobs in Chicago, IL?

For Entry Level Risk Management jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Entry Level Risk Management jobs in Chicago, IL look for?

The top searched job categories for Entry Level Risk Management jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Entry Level Risk Management jobs?

Cities near Chicago, IL with the most Entry Level Risk Management job openings:

Entry Level Risk Management jobs near you
Infographic showing various Entry Level Risk Management job openings in Chicago, IL as of August 2026, with employment types broken down into 87% Full Time, 9% Part Time, and 4% Contract. Highlights an 100% In-person job distribution, with an average salary of $106,914 per year, or $51.4 per hour.

Entry Level Business Analyst

Data Cloud Merge

Chicago, IL

Full-time

Re-posted yesterday

Job description

Company Description

Data Cloud Merge is a communications Company that was established in the year 2002 and located in Jersey City, New Jersey. It has gained a lot of experience in providing innovations in IT that were formerly found in large companies alone. The Company provides dedicated IT innovations at friendly prices unlike other companies that operate on big budgets. It was established with the objective of serving the private sector with these innovations through their dedicated departments of IT.

Job Description
  • Collaborate with business managers and Subject Matter Experts to identify, prioritize, and implement solutions to improve efficiency, reduce 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 including analysis, reports and user documentation.
  • Create process flow diagrams, Use cases, User stories, Acceptance Criteria from scratch
  • Work with project managers, developers, and end users to ensure application designs meet business requirements.
  • Implement and manage projects through Agile Scrum methodology for SDLC - covering from concept to production, including coaching and mentoring of the whole team.
  • Facilitate Joint Application development sessions for requirement gathering.
Qualifications
  • A bachelors or Masters in Business, Computer Science, technology, management or a related discipline is required.
  • Relevant work experience in Business Analysis with a strong focus on Information Technology projects is required.
  • Advanced to expert knowledge of business analysis, product nurturing, SDLC, and agile solution delivery practices throughout the project life cycle is required.
  • Superior analytical skills to quickly understand how technical systems, business process and data management elements relate to one another and impact one another across business units.
Additional Information

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