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Head Of Risk Jobs in Chicago, IL (NOW HIRING)

Head of Risk Management

Chicago, IL · On-site

$350K - $420K/yr

This role reports to the CHRO and oversees the Manager of Corporate Safety and Director of Risk Management. Responsibilities * Establish risk management and E,H,S policies, procedures, and guidelines.

Global Head of Benefits Total Rewards | Global HR | JLL The healthcare and benefits landscape is ... Direct due diligence for M&A activities - identifying benefits-related risk, designing integration ...

Director, Head of Investments We are seeking a highly motivated and experienced Director, Head of ... Identify, evaluate, and mitigate risk to AIM and advisory firm clients, arising from trading ...

New

Director, Head of Investments We are seeking a highly motivated and experienced Director, Head of ... Identify, evaluate, and mitigate risk to AIM and advisory firm clients, arising from trading ...

New

The Role The US Head of Programs is a senior portfolio management position responsible for the ... risk appetite, etc. Operational and Cross-Functional * Manage the full life-cycle of the launch of ...

Director, Head of Investments We are seeking a highly motivated and experienced Director, Head of ... Identify, evaluate, and mitigate risk to AIM and advisory firm clients, arising from trading ...

Head of AI Product

Chicago, IL · Hybrid

$240K - $251K/yr

It informs investment strategies, strengthens risk management capabilities and helps identify ... Partner with the Head of Data Products to ensure AI capabilities are built on a well-structured ...

Head of EHS Americas

Chicago, IL · On-site

$85K - $116K/yr

The Head of Americas EHS will work in partnership with key operational stakeholders including ... The role will focus on regional EHS initiatives that will prioritise high potential risk.

The Head of Legal will be responsible for leading the legal strategy and overseeing all legal ... Ability to effectively manage and resolve Legal Issues and provide strategic risk mitigation ...

Head of AI Delivery

Chicago, IL · On-site

$218K/yr

Head Of Ai Solutions This role operates across innovation, execution, governance, and ... Maintain strong regulatory, risk, ethical, and Responsible AI practices, proactively addressing ...

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Head Of Risk information

See Chicago, IL salary details

$55.6K

$147.5K

$267.8K

How much do head of risk jobs pay per year?

As of Sep 7, 2026, the average yearly pay for head of risk in Chicago, IL is $147,501.00, according to ZipRecruiter salary data. Most workers in this role earn between $108,700.00 and $172,500.00 per year, depending on experience, location, and employer.

What are the main challenges a head of risk faces in aligning risk management with overall business strategy?

A Head of Risk often encounters the challenge of ensuring that risk management practices are not seen as barriers but as integral parts of strategic decision-making. This requires close collaboration with executive leadership and other departments to embed a risk-aware culture without hindering innovation. Balancing regulatory compliance, business objectives, and emerging risks—such as cyber threats or market volatility—demands strong communication skills and adaptability. Regularly updating risk frameworks to reflect the evolving business environment is also essential for success in this role.

What are the key skills and qualifications needed to thrive as a head of risk, and why are they important?

To thrive as a Head of Risk, you need deep expertise in risk management, analytical skills, and a relevant degree such as finance, economics, or business, often supported by certifications like FRM or PRM. Familiarity with risk assessment tools, regulatory compliance software, and data analytics platforms is typically required. Strong leadership, strategic thinking, and clear communication are crucial soft skills that help manage teams and influence organizational direction. These skills ensure effective identification, mitigation, and communication of risks, safeguarding the organization's assets and reputation.

What does a head of risk do?

A head of risk is responsible for identifying, assessing, and managing an organization's risks to minimize potential losses. They develop risk management strategies, implement policies, and often use tools like risk assessment software to monitor and mitigate financial, operational, or strategic risks. Strong analytical skills and industry certifications are typically required for this role.

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

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

What job categories do people searching Head Of Risk jobs in Chicago, IL look for?

The top searched job categories for Head Of Risk jobs in Chicago, IL are:

Infographic showing various Head Of Risk job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, 2% Contract, and 1% Nights. Highlights an 85% Physical, 5% Hybrid, and 10% Remote job distribution, with an average salary of $147,501 per year, or $70.9 per hour.

Head of Risk Management

CC Industries

Chicago, IL • On-site

$350K - $420K/yr

Full-time

Re-posted 3 days ago


Key responsibilities

  • Develop and implement Corporate Risk Management and Environmental, Health and Safety strategies, frameworks, and systems.

  • Lead the placement, administration, and management of insurance programs, including commercial, personal lines, and captive insurance companies.

  • Oversee claims management activities and ensure all reporting requirements are met under existing insurance policies.


Job description


About HCC/CCI
Henry Crown & Company/CC Industries is a Chicago-based, privately-held company that manages business, philanthropic, and family interests on behalf of a multi-generational family. The business ventures fall into broadly-defined categories: wholly-owned operating companies, public and private equity investments, and real estate. The enterprise also supports individual and collective giving through Crown Family Philanthropies and provides traditional family office services across generations. The enterprise employs approximately 350 professionals in the areas of investment management, corporate development, financial operations, tax, research and innovation, human resources, information technologies, and legal.
Why Work for Us?
We are a private enterprise with more than a 100-year legacy and track record of financial success, supporting our communities, and taking care of our employees. We plan strategically with a long-term time horizon and an integrated approach to access superior opportunities and optimize financial results. Integrity, collaboration, and dedication are cornerstones of our workplace culture that create rewarding professional experiences.
Position Description
This role is responsible for developing and implementing Corporate Risk Management and Environmental, Health and Safety strategies, frameworks, and systems to prevent losses and proactively mitigate and control risk. This role also leads the placement and coordination of Commercial Property & Casualty and Personal Lines Insurance programs, including leadership and administration of two wholly-owned insurance captives, the Enterprise Risk Management process, and claims management. This role reports to the CHRO and oversees the Manager of Corporate Safety and Director of Risk Management.
Responsibilities
  • Establish risk management and E,H,S policies, procedures, and guidelines.
  • Identify and analyze risk exposures and determine how to respond. Continually monitor.
  • Provide consulting services to businesses on E,H,S, insurance and risk management issues.
  • Evaluate, negotiate and select commercial and personal lines insurance programs to include coverages, limits, retention levels, strong carriers, cost, service, etc., and communicate to appropriate parties.
  • Lead, manage and perform administrative duties associated with the organization's captive insurance companies.
  • Lead the Enterprise Risk Management process to ensure the organization's most significant risks are identified and mitigated.
  • Oversee claims management activities.
  • Review insurance provisions in major business & financial contracts.
  • Develop and direct production of reports and analyze financial results of the risk management program.
  • Develop training programs on insurance and risk management issues.
  • Spearhead risk management due diligence related to acquisitions.
  • Direct inspections, surveys and audits within family portfolio, operating businesses and partnership deal contracts.
  • Ensure all reporting requirements are met under existing insurance policies.
  • Direct risk management staff.
  • Travel 15%-20% of the time.

Qualifications
  • Bachelor's Degree (Risk Management Degree Preferred); Master's Degree in Business Administration preferred.
  • CPCU, ARM or CRM preferred.
  • Strong communication, presentation and interpersonal skills.
  • Strong problem resolution and analytical abilities.
  • Deep understanding of Risk Management for a large, complex organization to include commercial insurance placement and E,H,S in a corporate role (preferred) or consulting role.
  • Strong understanding of insurance coverages.
  • Management experience with captive insurance companies and Enterprise Risk Management processes.
  • Working knowledge of Microsoft Office and Excel.
  • Ability to make quick and practical decisions.
  • Focused, organized & results oriented.

The Starting Salary Range: $350k-$420k with bonus eligibility. Exact compensation may vary based on skills, experience, and location. To see an overview of all our benefits please go to our career portal here.
Don't meet every single requirement? Studies have shown that women, members of the LGBTQIA+ community, individuals experiencing disability and BIPOC are less likely to apply to jobs unless they meet every single qualification. At HCC/CCI we are dedicated to building a diverse, inclusive and authentic workplace, so if you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.