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Executive Risk Management Jobs in Illinois (NOW HIRING)

LivaNova

Manager, Enterprise Risk Management

Chicago, IL

$110K - $150K/yr

This role will manage key risk governance processes, business continuity planning, and provide critical support for executive and board-level reporting. General Responsibilities: * Risk Assessment ...

inlandgroup

Director of Risk Management

Oak Brook, IL · On-site

Reporting directly to the Chief Risk Officer, EVP , the Director of Risk Management will oversee complex insurance programs, captive operations, claims management, and key financial and strategic ...

Chubb

Director, Enterprise Risk Management

Chicago, IL · On-site

$98.40K - $167.30K/yr

Prepare and present risk dashboards, reports, and insights to Executive Management, the Board of Directors, and the Combined Enterprise Risk Management Committee, enabling data-driven decision-making.

PayPal

Director, Risk Management

Chicago, IL

$176.50K - $262.35K/yr

This job establishes overall business or technical strategy for risk management, influences ... Influence executive-level decision-making through strategic risk assessments and recommendations.

PayPal, Inc.

Director, Risk Management

Chicago, IL · On-site

$176.50K - $262.35K/yr

This job establishes overall business or technical strategy for risk management, influences ... Influence executive-level decision-making through strategic risk assessments and recommendations.

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Executive Risk Management information

See Illinois salary details

$25.1K

$85.1K

$182.5K

How much do executive risk management jobs pay per year?

As of May 28, 2026, the average yearly pay for executive risk management in Illinois is $85,067.00, according to ZipRecruiter salary data. Most workers in this role earn between $52,600.00 and $102,300.00 per year, depending on experience, location, and employer.

What is the difference between Executive Risk Management vs Risk Analyst?

AspectExecutive Risk ManagementRisk Analyst
CredentialsCertifications like CRM, ARM, or CPCU often preferredSimilar certifications may be beneficial but less common
Work EnvironmentStrategic, executive-level decision-making, often in corporate officesData analysis, risk assessment, and reporting, typically in office settings
Employer & IndustryLarge corporations, insurance firms, financial institutionsInsurance companies, consulting firms, financial services

Executive Risk Management focuses on high-level risk strategies and decision-making for organizations, while Risk Analysts primarily analyze data to identify and assess risks. Both roles require relevant certifications and are integral to risk mitigation but differ in scope and responsibilities.

What are the most commonly searched types of Risk Management jobs in Illinois? The most popular types of Risk Management jobs in Illinois are:
What cities in Illinois are hiring for Executive Risk Management jobs? Cities in Illinois with the most Executive Risk Management job openings:
Executive Risk Management jobs near you
Vice President, Executive Risk - Insurance

Vice President, Executive Risk - Insurance

The Plexus Groupe

Deer Park, IL • On-site

$140K - $200K/yr

Full-time

Retirement

Posted 27 days ago

Job description

The Plexus Groupe is looking for candidates who dream big. We have an opening for a Vice President, Executive Risk within our Property & Casualty Practice at our Deer Park, IL headquarters office. However, we will also consider candidates that could be based out of our downtown Chicago or Dallas, TX offices.
Do you enjoy strategizing with clients on best-in-class solutions? Do you want to be part of a company growing faster than ever? If you thrive in acting as a subject-matter expert in a fast-paced environment with deadlines, please keep reading...
Summary:
The Vice President, Executive Risk is a senior technical and advisory leader responsible for the firm's Executive Risk and Management Liability placements, including Directors & Officers (D&O), Employment Practices Liability (EPL), Fiduciary Liability, Crime, and related coverages. This is a non-production role focused on technical excellence, client advisory support, carrier engagement, and practice growth.
The role involves frequent interaction with clients and prospective clients, insurance carriers, third-party intermediaries, and other external partners who support the Plexus client service delivery model. Effective internal coordination with Plexus leadership, Client Executive teams, Business Development, and other internal resources is essential to deliver high-quality Executive Risk placements and support firmwide growth. The position is eligible for production-based incentives tied to new business support and overall practice performance.
Job Responsibilities:
  • Lead the placement, servicing, and renewal strategy for complex Executive Risk, Management Liability, and related placements.
  • Develop marketing strategy, coverage analysis, and structure recommendations across the client lifecycle
  • Maintain strong relationships with carriers and intermediaries, with a clear understanding of market appetite, capabilities, and services
  • Identify and evaluate new carriers, products, and solutions that enhance Plexus's Executive Risk offerings
  • Serve as senior advisor to clients by identifying exposures, recommending risk mitigation strategies, and structuring appropriate insurance solutions
  • Provide consulting support including due diligence, coverage and cost comparisons, and limits benchmarking for prospective clients and acquisitions
  • Review contracts, policies, endorsements, and claims information to ensure accuracy, intent, and appropriate client guidance
  • Analyze loss trends and claims activity in coordination with the Claims Advocacy team and advise clients accordingly
  • Support Client Executive teams with account planning, long-term strategy, and new business pursuits
  • Advise Plexus leadership on technical standards, workflow considerations, and Executive Risk best practices
  • Maintain working knowledge of transactional insurance products relevant to venture capital and private equity environments
  • Participate in client, prospect, and carrier meetings, with limited travel as needed

Required Experience:
  • BA/BS from an accredited institution
  • 7 to 10 years of Executive Risk, Management Liability, or related underwriting or brokerage experience
  • Deep understanding of insurance principles, placement processes, and Executive Risk products
  • Demonstrated ability to advise senior executives, boards, and financial sponsors
  • Strong analytical, problem-solving, and decision-making skills
  • Excellent written and verbal communication skills with the ability to explain complex issues clearly
  • Highly organized, self-directed, and able to manage multiple priorities
  • Ability to operate independently while collaborating closely with internal teams
  • Proficiency in Microsoft Office applications
  • Active Property & Casualty insurance license
  • RPLU, MLIS, CPCU, or similar professional designations preferred

The Plexus Groupe is driving the next chapter in the insurance industry with innovation, passion, and excellence. If you are looking to make an impact, and if you seek the freedom and flexibility of a progressive firm with the prowess, technology, and resources of an industry leader, we should talk.
Compensation and Benefits:
The approximate annual salary range for this position is $140,000 - $200,000. Please note the range provided is a good faith estimate at the time of the posting. Actual compensation within that range is based on a wide variety of factors unique to each candidate, including but not limited to, individual qualifications, depth of experience, knowledge, skills, applicable certifications, and physical work location(s).
The Plexus Groupe offers a comprehensive benefits package and perks for regular, full-time positions. Please access the following link for additional details: https://www.plexusgroupe.com/why/careers/
At The Plexus Groupe, we believe in putting people first, focusing on value, service and lasting partnerships, providing authentic leadership, embracing a team approach to drive accountability and innovation, and delivering straight talk to our clients and employees. Learn more about why we are #ProudlyPlexus
The Plexus Groupe is a Top 100 independent insurance advisory firm, backed by our knowledgeable team, cutting-edge resources, and a global network of partnerships. We specialize in comprehensive services across Benefit Administration Technology, Business Insurance, Employee Benefits, Private Client, and Retirement Services.
As a proud partner of Assurex Global-the world's largest association of privately held insurance brokers-our risk management professionals provide tailored solutions to meet the diverse needs of our clients worldwide.
Headquartered in Deer Park, IL, with additional offices across the U.S. The Plexus Groupe is an equal opportunity employer. Visit www.plexusgroupe.com to learn more.

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