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Insurance And Risk Management Jobs in Illinois (NOW HIRING)

Additionally, the Risk Management Analyst will assist with insurance procurement and administration, as well as risk management financial budgeting, tracking, and reporting to support effective ...

Model Risk Management

Chicago, IL · On-site

$140 - $190/hr

We are seeking an experienced Manager, Model Risk Management to support a large global bank's Risk ... other insurance plans that offer an optional layer of financial protection. * We offer an ESPP ...

Head of Risk Management

Chicago, IL · On-site

$350K - $420K/yr

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 ...

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 ...

Head of Risk Management

Chicago, IL · On-site

$350K - $420K/yr

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 ...

Lead insurance and risk financing programs, including policy management and claims oversight. * Oversee litigation management in partnership with legal counsel and external stakeholders. * Conduct ...

Lead insurance and risk financing programs, including policy management and claims oversight. * Oversee litigation management in partnership with legal counsel and external stakeholders. * Conduct ...

Risk Insurance Manager

Des Plaines, IL · Hybrid

$124K - $135K/yr

Insurance Program Management: Develop, implement, and maintain corporate insurance programs ... Risk Assessment: Lead the annual Corporate Risk Assessment process to compile risk identification ...

Risk Insurance Manager

Des Plaines, IL · On-site

$124K - $135K/yr

Insurance Program Management: Develop, implement, and maintain corporate insurance programs ... Risk Assessment: Lead the annual Corporate Risk Assessment process to compile risk identification ...

Insurance Program Management: Develop, implement, and maintain corporate insurance programs ... Risk Assessment: Lead the annual Corporate Risk Assessment process to compile risk identification ...

Risk Insurance Manager

Des Plaines, IL · On-site

$124 - $135/hr

Insurance Program Management: Develop, implement, and maintain corporate insurance programs ... Risk Assessment: Lead the annual Corporate Risk Assessment process to compile risk identification ...

Risk Insurance Manager

Des Plaines, IL · Hybrid

$124K - $135K/yr

Insurance Program Management: Develop, implement, and maintain corporate insurance programs ... Risk Assessment: Lead the annual Corporate Risk Assessment process to compile risk identification ...

Director of Risk Management

Chicago, IL · On-site

$150K - $175K/yr

POSITION SUMMARY The Director of Risk Management is responsible for the strategic oversight and execution of the Company's insurance, claims, and risk management programs. This position provides ...

Showing results 21-40

Insurance And Risk Management information

What is insurance and risk management?

Insurance and risk management is a field focused on identifying, assessing, and minimizing potential risks that individuals or organizations may face, as well as providing financial protection through insurance products. Professionals in this field analyze possible threats, develop strategies to mitigate them, and recommend appropriate insurance policies to cover potential losses. This helps businesses and individuals protect their assets, comply with regulations, and maintain financial stability in the face of unexpected events.

What are the key skills and qualifications needed to thrive as an insurance and risk management professional?

To thrive in Insurance and Risk Management, you need strong analytical abilities, a solid understanding of insurance principles, and typically a degree in finance, business, or a related field. Familiarity with risk assessment software, claims management systems, and relevant certifications such as CPCU (Chartered Property Casualty Underwriter) or ARM (Associate in Risk Management) are highly valued. Excellent communication, negotiation, and problem-solving skills help professionals build trust with clients and effectively manage complex situations. These skills are crucial for accurately assessing risk, developing sound policies, and ensuring organizational stability and client satisfaction.

What are some common challenges faced by professionals in insurance and risk management, and how can they be addressed?

Professionals in insurance and risk management often encounter challenges such as keeping up with evolving regulations, accurately assessing complex risks, and managing client expectations. Addressing these challenges requires continuous learning, leveraging new technologies for data analysis, and effective communication with clients and stakeholders. Team collaboration is also essential, as working closely with underwriters, actuaries, and claims specialists helps ensure comprehensive risk solutions and client satisfaction.

What is the difference between Insurance And Risk Management vs Insurance Underwriter?

AspectInsurance And Risk ManagementInsurance Underwriter
CredentialsCertifications like CRM, ARM, CPCU often preferredAdjustments vary; CPCU common but not mandatory
Work EnvironmentCorporate offices, risk assessment teamsUnderwriting departments, insurance companies
Industry UsageUsed across insurance, risk consulting, corporate risk teamsPrimarily within insurance companies for policy evaluation

Insurance And Risk Management professionals focus on identifying, analyzing, and mitigating risks for organizations, often working on strategic risk planning. Insurance Underwriters evaluate insurance applications and determine policy terms and premiums. While both roles involve risk assessment, Insurance And Risk Management has a broader scope, including risk control and management strategies, whereas Insurance Underwriters specialize in assessing individual insurance risks for policy issuance.

Is insurance and risk management a good career?

Insurance and risk management is a stable career that involves assessing and mitigating financial risks for individuals and organizations. It often requires strong analytical skills, certifications such as CPCU or ARM, and offers opportunities in various industries with potential for advancement and steady employment.

What do insurance and risk management risk managers do?

Insurance and risk management risk managers assess and analyze potential risks to an organization, develop strategies to mitigate those risks, and oversee insurance policies and claims. They use data analysis, risk assessment tools, and industry regulations to protect the company's assets and ensure compliance.

What jobs can you get with a degree in insurance and risk management?

A degree in insurance and risk management prepares individuals for roles such as insurance underwriters, risk analysts, claims adjusters, and insurance agents. These jobs involve evaluating risks, analyzing policies, and using industry-specific software, often requiring strong analytical skills and knowledge of insurance regulations.

What job categories do people searching Insurance And Risk Management jobs in Illinois look for?

The top searched job categories for Insurance And Risk Management jobs in Illinois are:

What cities in Illinois are hiring for Insurance And Risk Management jobs?

Cities in Illinois with the most Insurance And Risk Management job openings:

Infographic showing various Insurance And Risk Management job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 78% Full Time, 17% Part Time, and 4% Contract. Highlights an 89% Physical, 1% Hybrid, and 10% Remote job distribution.

Deals - Financial Due Diligence, Insurance Risk Management Services, Senior Manager

Pwc

Chicago, IL • On-site

$124K - $280K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 6 days ago


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

Insurance

Specialism

Financial Due Diligence

Management Level

Senior Manager

Job Description & Summary

The Opportunity
As a Senior Manager in Deals - Financial Due Diligence, Insurance Risk Management Services, you will provide strategic advice and business diligence services to clients navigating mergers, acquisitions, and divestitures. You will analyze financial information, focusing on quality of earnings, assets, cash flows, and other key client deal issues, helping clients maximize value in their business transactions. Within our Deals practice, you will leverage your skills and professional network to deliver quality results, motivating and coaching teams to solve complex problems. You will apply sound judgment, recognizing when to take action and when to escalate, while fostering diverse and inclusive teams that contribute to the firm's success.
In this role at PwC, you will craft and convey clear, impactful messages that tell a holistic story, applying systems thinking to identify underlying problems and opportunities. You will validate outcomes with clients, share alternative perspectives, and act on client feedback. Directing teams through complexity, you will demonstrate composure in ambiguous situations, initiate open coaching conversations, and make decisions to resolve issues hindering team effectiveness. Your commitment to excellence and ability to develop high-performing teams will be pivotal in driving project success and enhancing client relationships.
Responsibilities
- Leading financial due diligence efforts for mergers, acquisitions, and divestitures within the insurance sector
- Analyzing financial information to assess quality of earnings, cash flows, and key deal issues
- Providing strategic advice and business diligence services to clients to maximize transaction value
- Managing complex transactions and navigating client challenges with sound judgment
- Developing and coaching diverse teams to solve intricate problems and drive project success
- Applying systems thinking to identify underlying problems and opportunities in client engagements
- Crafting and conveying clear, impactful messages that tell a holistic story to stakeholders
- Validating outcomes with clients, sharing alternative perspectives, and acting on feedback
- Directing teams through ambiguity and uncertainty while maintaining composure
- Modeling and reinforcing professional and technical standards in alignment with firm guidelines
What You Must Have
- At least a Bachelor's degree
- At least 7 years of experience
What Sets You Apart
- Preference for at least one of the following fields of study: Accounting, Actuarial Science, Analytics/Data Science, Business Administration/Management, Computer Science/Information Systems, Economics, Finance, Health Administration/Public Health, Mathematics/Statistics, Risk Management/Insurance
- Demonstrating advanced skills in financial due diligence and risk management
- Utilizing analytical thinking to drive strategic decision-making in complex scenarios
- Excelling in crafting and conveying clear, impactful messages to stakeholders
- Leading teams through ambiguity with composure and strategic questioning
- Applying systems thinking to identify and address underlying business opportunities
- Validating outcomes with clients and acting on feedback to enhance service delivery

Travel Requirements

Up to 60%

Job Posting End Date

The salary range for this position is: $124,000 - $280,000. 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