ZipRecruiter

Log In

1

Insurance And Risk Management Jobs in Illinois (NOW HIRING)

Invenergy LLC

Associate, Insurance

Chicago, IL · On-site

Bachelor's degree in insurance, risk management or other relevant majors, with a proven track record of high performance and industry participation. * Proven track record evidencing commitment ...

Invenergy

Associate, Insurance

Chicago, IL · On-site

Bachelor's degree in insurance, risk management or other relevant majors, with a proven track record of high performance and industry participation. * Proven track record evidencing commitment ...

Invenergy LLC

Associate, Insurance

Chicago, IL

Bachelor's degree in insurance, risk management or other relevant majors, with a proven track record of high performance and industry participation. * Proven track record evidencing commitment ...

Aon

Risk Manager

Chicago, IL · On-site

$100K - $150K/yr

Insurance Program & Renewal Management: Lead the annual renewal process for liability insurance ... Serve as the primary risk management resource for internal business divisions. Provide expert ...

Aon Corporation

Risk Manager

Chicago, IL · On-site

$100K - $150K/yr

Insurance Program & Renewal Management: Lead the annual renewal process for liability insurance ... Serve as the primary risk management resource for internal business divisions. Provide expert ...

Aon Corporation

Risk Manager

Chicago, IL · Hybrid

$100K - $150K/yr

Insurance Program & Renewal Management: Lead the annual renewal process for liability insurance ... Serve as the primary risk management resource for internal business divisions. Provide expert ...

next page

Showing results 1-20

All JobsInsurance And Risk Management JobsInsurance And Risk Management Jobs in Illinois

Insurance And Risk Management information

What do risk managers do in insurance?

Risk managers in insurance identify, assess, and prioritize potential risks that could impact an organization. They develop strategies to mitigate or transfer these risks, often through policies, claims management, and risk analysis tools, to minimize financial losses and ensure regulatory compliance.

What is the highest paying job in the insurance industry?

Chief Risk Officer (CRO) is among the highest paying roles in the insurance industry, overseeing enterprise risk management and strategic decision-making. These executives typically have extensive experience, advanced degrees, and certifications such as FRM or CRM, and they often earn high six-figure or seven-figure salaries depending on the company size and location.

Is risk management and insurance a good career?

Risk management and insurance are stable career fields that offer opportunities in underwriting, claims, and consulting. They often require analytical skills, industry certifications, and knowledge of regulations, with job prospects influenced by economic conditions and industry demand.

What can you do with a risk management and insurance degree?

A degree in risk management and insurance prepares individuals for roles such as risk analyst, insurance underwriter, claims adjuster, or risk manager. These positions involve assessing and mitigating financial risks, analyzing data, and understanding insurance policies, often requiring knowledge of industry regulations and certifications like CPCU or ARM.

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 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 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.

What are the key skills and qualifications needed to thrive as an Insurance and Risk Management professional, and why are they important?

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 popular job titles related to Insurance And Risk Management jobs in Illinois? For Insurance And Risk Management jobs in Illinois, the most frequently searched job titles are:
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:
Insurance And Risk Management jobs near you
R-101971 Risk Management (Insurance), Real Assets - Vice President

R-101971 Risk Management (Insurance), Real Assets - Vice President

Blue Owl

Chicago, IL • On-site

$150K - $175K/yr

Full-time

Posted 11 days ago

Job description

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®.
With over $315 billion in assets under management as of March 31, 2026, we invest across three multi-strategy platforms: Credit, Real Assets and GP Strategic Capital. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.
Together with over 1,390 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com
he Role:
The Risk Management team is responsible for acquiring and maintaining lender compliant insurance programs across multiple real asset portfolios within Blue Owl. Our goal is to utilize various insurance policies, best practices, and alternative risk programs to appropriately protect Blue Owl's investments.
We are seeking a collaborative and results-oriented individual to join Blue Owl's growing Real Assets Risk Management team. This professional will be responsible for creating and running a transaction process for the Risk Department in order to facilitate current and future transaction volume. They will also assist in the strategic development of operational insurance programs which align with Blue Owl's investment goals.
Responsibilities:
  • Manage all insurance related aspects of transaction deal flow from initiation through closing
  • Conduct comprehensive insurance due diligence on prospective acquisitions
  • Partner with the transaction teams to provide necessary insurance information and escalate potential insurance related issues in a timely manner
  • Lead the placement and ongoing management of property insurance programs that satisfy lender requirements
  • Direct the procurement and administration of liability insurance coverage in compliance with financing covenants
  • Develop, standardize, and improve processes related to insurance within the transaction lifecycle
  • Collaborate within the department to shape and execute long-term insurance strategies
  • Elevate traditional insurance programs to align with Blue Owl's evolving business needs
  • Utilize Risk Management Information System (RMIS) manage insurance programs

Qualifications:
  • 7-10 years of related experience in risk management or insurance broker role, preferably in real estate
  • Licensed in State of Illinois (required upon or after hire)
  • Bachelor's degree required
  • ARM, CPCU or CRIS preferred

It is expected that the base annual salary for this Chicago based position will be $150,000 - $175,000. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.
Blue Owl is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

Apply