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

... and risk management processes - Building and optimizing end-to-end internal audit services for ... PwC does not intend to hire experienced or entry level job seekers who will need, now or in the ...

Provides strategic guidance to clients on post-transaction planning, execution, and risk management ... RSM does not intend to hire entry level candidates who will require sponsorship now OR in the ...

... risk management strategies - Engaging in corrective actions and remediation design to address ... PwC does not intend to hire experienced or entry level job seekers who will need, now or in the ...

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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 Jul 9, 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 job?

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.

Are risk managers in high demand?

Risk managers, including entry-level risk managers, are in high demand across various industries such as finance, healthcare, and manufacturing due to increasing regulatory requirements and the need to manage organizational risks. The role often requires strong analytical skills and knowledge of risk assessment tools, making it a growing field with good job prospects.

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 help build practical experience in risk management environments.

How to become a risk analyst with no experience?

To become a risk analyst with no experience, focus on gaining relevant skills such as data analysis, financial modeling, and understanding risk management principles through online courses or certifications like FRM or CRM. Entry-level positions often require a bachelor's degree in finance, economics, or related fields, and internships or volunteer work can help build practical experience. Developing proficiency in tools like Excel, SQL, or risk management software can also improve your prospects.

What qualifications do I need to be a risk manager?

To become an entry-level risk manager, candidates typically need a bachelor's degree in finance, economics, business, or a related field. Relevant skills include analytical thinking, attention to detail, and knowledge of risk assessment tools; certifications like the Certified Risk Manager (CRM) or Financial Risk Manager (FRM) can enhance job prospects.

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.

What are the key skills and qualifications needed to thrive in the Entry Level Risk Manager position, and why are they important?

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 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:
Infographic showing various Entry Level Risk Manager job openings in Naperville, IL as of July 2026, with employment types broken down into 1% Locum Tenens, 82% Full Time, 14% Part Time, 1% Contract, and 2% Nights. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $103,549 per year, or $49.8 per hour.
Underwriter Inland Marine & Property

Underwriter Inland Marine & Property

IAT Insurance Group

Naperville, IL • On-site

$55K - $133K/yr

Full-time

Medical, Retirement, PTO

Posted 7 days ago


IAT Insurance Group rating

8.7

Company rating: 8.7 out of 10

Based on 9 frontline employees who took The Breakroom Quiz

63rd of 278 rated insurance


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
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.

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