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Entry Level Risk Manager Jobs in Naperville, IL (NOW HIRING)

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Entry Level Risk Manager information

See Naperville, IL salary details

$43.4K

$103.5K

$167.3K

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 Naperville, IL is $103,549.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,400.00 and $131,800.00 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 are the most commonly searched types of Risk Manager jobs in Naperville, IL?

The most popular types of Risk Manager jobs in Naperville, IL are:

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

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

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

Cities near Naperville, 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 Naperville, IL as of August 2026, with employment types broken down into 86% Full Time, 12% Part Time, and 2% Contract. Highlights an 79% Physical, 3% Hybrid, and 18% Remote job distribution, with an average salary of $103,549 per year, or $49.8 per hour.

Actuarial Risk Modeling Services - Associate - Summer/Fall 2027

Chicago, IL • On-site

PRICEWATERHOUSECOOPERS CORPORATE FINANCE LLC
See more jobs at PRICEWATERHOUSECOOPERS CORPORATE FINANCE LLCexternal

$53K - $104K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 10 days ago

Key responsibilities

  • Applying actuarial science to assess risk and optimize financial performance

  • Conducting complex data analysis to extract meaningful insights and identify trends

  • Collaborating with teams to support client engagements and projects

Job description

Industry/Sector

82200 Life Insurance

Specialism

Actuarial Services

Management Level

Associate

Job Description & Summary

The Opportunity
As a Risk Modeling and Actuarial Services Associate, you will engage in providing insights and analysis to help businesses manage risk, optimize financial performance, and make informed decisions, driving financial stability and growth. Within our Assurance practice, you will be part of a team that enhances trust and confidence in financial and non-financial information. This role involves working closely with clients in the non-life insurance sector, offering them the analytical support they need to navigate complex financial landscapes.
As an Associate, you will focus on learning and contributing to client engagements while developing your skills and knowledge to deliver quality work. You will be exposed to clients to learn how to build meaningful connections, manage and inspire others, and grow your personal brand by deepening your technical knowledge of firm services and technology resources. In this role at PwC, you will participate in project tasks, engage in research, and develop basic skills and knowledge. You will also be expected to anticipate the needs of your teams and clients, embracing challenges as opportunities for growth.
Responsibilities
- Applying actuarial science to assess risk and optimize financial performance
- Conducting complex data analysis to extract meaningful insights and identify trends
- Implementing financial modeling techniques to represent real-world financial situations
- Utilizing statistical modeling to develop predictive algorithms for data analysis
- Engaging in risk model implementation to create and validate risk-prediction models
- Collaborating with teams to support client engagements and projects
- Demonstrating intellectual curiosity to acquire general knowledge and enhance skills
- Participating in strategic forecasting to anticipate market developments and resource needs
- Supporting the delivery of independent assessments to uphold transparency and compliance
- Contributing to the development of financial stability and growth strategies for clients
What You Must Have
- Currently pursuing or have completed a Bachelor's degree in one of the following fields of study: Actuarial Science, Mathematics,Statistics
- At least a 3.0 overall GPA
- Before starting full-time at PwC, meet the educational requirements and demonstrate a commitment to undertaking and passing actuarial exams
- Client service associate positions are entry-level roles and job seekers have completed or are in the process of completing their final academic year of educational requirements
What Sets You Apart
- Preference for a 3.5 overall GPA
- Leveraging AI to create efficiencies, innovate ways of working and deliver distinctive outcomes
- Demonstrating proficiency in actuarial science and statistical modeling
- Utilizing complex data analysis to drive insights and decision-making
- Excelling in financial modeling for non-life insurance sectors
- Engaging in teamwork and client support to enhance project outcomes
- Cultivating intellectual curiosity to explore innovative solutions

Travel Requirements

Up to 20%

Job Posting End Date

September 26, 2026The salary range for this position is: $53,500 - $104,000. 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.

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