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Insurance And Risk Management Jobs in Aurora, IL

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 · 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 ...

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All JobsInsurance And Risk Management JobsInsurance And Risk Management Jobs in Aurora, IL

Insurance And Risk Management information

See Aurora, IL salary details

$81.8K

$120.5K

$184.4K

How much do insurance and risk management jobs pay per year?

As of Aug 24, 2026, the average yearly pay for insurance and risk management in Aurora, IL is $120,464.00, according to ZipRecruiter salary data. Most workers in this role earn between $100,100.00 and $136,800.00 per year, depending on experience, location, and employer.

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 are popular job titles related to Insurance And Risk Management jobs in Aurora, IL?

For Insurance And Risk Management jobs in Aurora, IL, the most frequently searched job titles are:

What job categories do people searching Insurance And Risk Management jobs in Aurora, IL look for?

The top searched job categories for Insurance And Risk Management jobs in Aurora, IL are:

What cities near Aurora, IL are hiring for Insurance And Risk Management jobs?

Cities near Aurora, IL with the most Insurance And Risk Management job openings:

Insurance And Risk Management jobs near you
Infographic showing various Insurance And Risk Management job openings in Aurora, IL as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 21% Part Time, and 4% Contract. Highlights an 90% Physical, 1% Hybrid, and 9% Remote job distribution, with an average salary of $120,464 per year, or $57.9 per hour.

Risk and Insurance Analyst

Chicago Public Schools

Chicago, IL • On-site

$54K - $77K/yr

Full-time

Re-posted 10 days ago

Job description

Chicago Public Schools (CPS) is a district on the rise, serving over 325,000 students in 500+ schools and employing over 45,000 people, most of them teachers. CPS has set ambitious goals to ensure that every student, in every school and every neighborhood, has access to a world-class learning experience that prepares each for success in college, career, and civic life. Aligned with our transformed philosophy, we are steadfastly focused on ensuring that the District provides resources equitably to support every student, every school, and every community. Six core values guide the work we do every day for our students - student-centered, whole child, equity, academic excellence, community partnership, and continuous learning. Each role in the district supports our vision that every student deserves a rigorous, joyful, and equitable learning experience.
The Office of Finance maintains the fiscal integrity of Chicago Public Schools (CPS) and provides financial leadership to the Chicago Board of Education according to state and federal legislation, government regulations, Board policies, and sound financial practices. Under the Treasurer, the Office of Risk Management is responsible for managing the property and casualty exposure of the district's plant and operations through insurance policies, self-insurance, claims administration, and risk transfer via vendor contracts.
Job Summary:
Reporting to the Risk and Insurance Manager, the Risk and Insurance Analyst assists in the administration of various financial and risk management matters for CPS. This position involves collaborating with CPS staff, financial professionals, insurance brokers, and vendors to identify and mitigate operational risks - making a positive impact on the public education system and the students we serve. This is a full-time, exempt position that will be paid for time worked on a salary basis.
The Risk and Insurance Analyst will be held accountable for the following responsibilities:
  • Aid in the compliance review of insurance requirements for CPS vendors, based on the guidelines established by the Office of Risk Management.
  • Oversee the issuance of CPS Certificates of Insurance to vendor partners within established limits for special event contracts.
  • Review and evaluate insurance requirements for license agreements or short-term rental contracts related to the use of CPS property.
  • Monitor and work with CPS Student Transportation vendors by maintaining proper insurance policy details and proof of coverage for ongoing reference.
  • Contribute to the annual organization and gathering of information for CPS's own insurance renewal applications, covering liability, property, and specialty areas.
  • Participate in various Risk Management processes, including contracts review, vendor outreach and communication, relationship management, and reporting.
  • Handle various department-related inquiries, escalate when necessary for further review; maintaining accurate records.
  • Coordinate payments for departmental vendor invoices and other payment responsibilities related to Risk Management.
  • Support the Office of Risk Management to achieve department goals.
  • Other duties as assigned.

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