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Entry Level Risk Manager Jobs in Libertyville, IL

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Entry Level Risk Manager information

See Libertyville, IL salary details

$42.3K

$100.8K

$162.8K

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

As of Sep 10, 2026, the average yearly pay for entry level risk manager in Libertyville, IL is $100,807.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,500.00 and $128,300.00 per year, depending on experience, location, and employer.

What is an entry level risk manager?

An Entry Level Risk Manager assists in identifying, assessing, and mitigating risks that could impact a company's financial health, operations, or reputation. They typically work under senior risk managers, analyzing data, creating reports, and ensuring compliance with regulations. Their role involves learning risk management strategies, implementing policies, and supporting the organization's overall risk framework. Strong analytical skills, attention to detail, and knowledge of industry regulations are essential for success in this position.

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

To thrive as an Entry Level Risk Manager, you need strong analytical abilities, attention to detail, and a bachelor's degree in finance, business, or a related field. Familiarity with risk assessment tools, Microsoft Excel, and exposure to risk management frameworks are commonly expected, while certifications like FRM (Financial Risk Manager) can be advantageous. Effective communication, critical thinking, and problem-solving skills help you collaborate with teams and present findings clearly. These competencies are essential for accurately identifying and assessing risks, supporting decision-making, and minimizing potential threats to an organization.

What typical challenges might an entry level risk manager face in their first year?

Entry Level Risk Managers often encounter the challenge of quickly learning to interpret complex data and understanding the organization's unique risk landscape. Adjusting to fast-paced environments and keeping up with constantly changing regulations are also common hurdles. New risk managers may need to build confidence when presenting findings to senior staff or collaborating across different departments. With mentorship and ongoing training, these challenges become valuable learning opportunities that help launch a successful career in risk management.

How to start a career in risk management?

To start a career as an entry-level risk manager, obtain a bachelor's degree in finance, economics, or a related field, and develop skills in data analysis, problem-solving, and risk assessment. Gaining relevant certifications such as the Financial Risk Manager (FRM) or Certified Risk Manager (CRM) can enhance job prospects. Internships or entry-level positions in finance, insurance, or compliance departments provide practical experience in risk management environments.

What qualifications do I need to be an entry level risk manager?

An entry-level risk manager typically needs a bachelor's degree in fields such as finance, business, economics, or risk management. Relevant skills include analytical thinking, attention to detail, and proficiency with data analysis tools; certifications like the Associate in Risk Management (ARM) can also enhance prospects.

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

The top searched job categories for Entry Level Risk Manager jobs in Libertyville, IL are:

What cities near Libertyville, IL are hiring for Entry Level Risk Manager jobs?

Cities near Libertyville, IL with the most Entry Level Risk Manager job openings:

Entry Level Risk Manager jobs near you
Infographic showing various Entry Level Risk Manager job openings in Libertyville, IL as of August 2026, with employment types broken down into 81% Full Time, 17% Part Time, 1% Contract, and 1% Nights. Highlights an 79% Physical, 2% Hybrid, and 19% Remote job distribution, with an average salary of $100,807 per year, or $48.5 per hour.

Risk & Regulatory - Government Contract Consulting - Senior Associate

Chicago, IL

Pwc
Finance and Insurance • 10K+ employees
Learn more about Pwcexternal

$77K - $202K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 8 days ago

Key responsibilities

  • Navigating complex regulatory landscapes to provide strategic advice and solutions for clients

  • Managing and enhancing internal controls to effectively mitigate risks

  • Conducting compliance program implementation and policy reviews to support regulatory adherence

PwC rating

8.3

Company rating: 8.3 out of 10

Based on 77 frontline employees who took The Breakroom Quiz

26th of 72 rated business consultants

Job description

Industry/Sector

Not Applicable

Specialism

Fraud, Investigations & Regulatory Enforcement (FIRE)

Management Level

Senior Associate

Job Description & Summary

The Opportunity
As a Risk & Regulatory - Government Contract Consulting - Senior Associate, you will play a pivotal role in helping organizations navigate complex regulatory landscapes and enhance their internal controls to mitigate risks effectively. Within our Risk & Regulatory practice, you will focus on maintaining regulatory compliance and managing risks for clients, providing advice and solutions that are crucial for their success.
As a Senior Associate, you will leverage your skills to build meaningful client connections and learn how to manage and inspire others. You will navigate increasingly complex situations, growing your personal brand and deepening your technical skills. You are expected to anticipate the needs of your teams and clients, delivering quality solutions even when the path forward isn't clear. In this role at PwC, you will use critical thinking to break down complex concepts and interpret data to inform insights and recommendations. You will uphold professional and technical standards, reinforcing the firm's code of conduct and independence requirements. This is an opportunity to develop a deeper understanding of the business context and how it is evolving, while using reflection to enhance your strengths and address development areas.
Responsibilities
- Navigating complex regulatory landscapes to provide strategic advice and solutions for clients
- Managing and enhancing internal controls to effectively mitigate risks
- Building meaningful client connections and fostering long-term relationships
- Utilizing analytical thinking to break down complex concepts and inform insights
- Conducting compliance program implementation and policy reviews to support regulatory adherence
- Leading controls testing and risk analysis to identify and address potential vulnerabilities
- Collaborating with teams to develop and execute compliance frameworks and governance strategies
- Interpreting data to generate recommendations and support business performance management
- Upholding professional and technical standards in alignment with firm guidelines and independence requirements
What You Must Have
- At least a Bachelor's degree
- At least 3 years of experience
What Sets You Apart
- Preference for at least one of the following fields of study: Accounting, Business Administration/Management, Computer Science/Information Systems, Cybersecurity, Economics, Engineering, Finance, Mathematics/Statistics, Project/Technology Management

- Demonstrating experience in U.S. government contracting, accounting, or grant compliance, with knowledge of financial fundamentals and FAR, CAS, or DCAA processes
- Demonstrating proficiency in compliance program implementation and regulatory compliance consulting
- Utilizing analytical thinking to enhance business performance management
- Excelling in C-Level presentations and communication with stakeholders
- Applying risk analysis and governance to improve internal controls
- Engaging in process mapping and controls testing for operational effectiveness
- Leveraging intellectual curiosity to drive finance transformation initiatives

Travel Requirements

Up to 60%

Job Posting End Date

The salary range for this position is: $77,000 - $202,000. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications and location, and applicable employment laws. All hired individuals are eligible for an annual discretionary bonus. PwC offers a wide range of benefits, including medical, dental, vision, 401k, holiday pay, vacation, personal and family sick leave, and more. To view our benefits at a glance, please visit the following link: https://pwc.to/benefits-at-a-glanceAs PwC is anequal opportunity employer, all qualified applicants will receive consideration for employment at PwC without regard to race; color; religion; national origin; sex (including pregnancy, sexual orientation, and gender identity); age; disability; genetic information (including family medical history); veteran, marital, or citizenship status; or, any other status protected by law.PwC does not intend to hire experienced or entry level job seekers who will need, now or in the future, PwC sponsorship through the H-1B lottery, except as set forth within the following policy: https://pwc.to/H-1B-Lottery-Policy.Learn more about how we work: https://pwc.to/how-we-workFor only those qualified applicants that are impacted by the Los Angeles County Fair Chance Ordinance for Employers, the Los Angeles' Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, San Diego County Fair Chance Ordinance, and the California Fair Chance Act, where applicable, arrest or conviction records will be considered for Employment in accordance with these laws. At PwC, we recognize that conviction records may have a direct, adverse, and negative relationship to responsibilities such as accessing sensitive company or customer information, handling proprietary assets, or collaborating closely with team members. We evaluate these factors thoughtfully to establish a secure and trusted workplace for all.

What PwC employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

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About pwc

Sourced by ZipRecruiter

We know that the future success of our firm is contingent on equitable experiences for our people. From recruitment to partnership, we’re working hard to give every person an equitable opportunity to grow and to thrive as part of our community of solvers. We understand that establishing and maintaining a fair, equitable and welcoming environment for all people requires building a culture of belonging: a shift from awareness to empathy — while demonstrating inclusive leadership that cultivates trust among our people and our clients. PwC is committed to advancing diversity, equity and inclusion (DEI) through an evidence-based strategy designed to achieve well-defined and meaningful aspirational goals. Our aim is to solve problems for the long term, as that is how we build trust and continue to build on our culture of belonging. At the core of this endeavor are stated goals and a series of linked programs enabling targeted interventions at key moments in our employees’ career trajectories.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

London, London, UK

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