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Insurance And Risk Management Jobs in Aurora, IL

Arrive Logistics

Risk Manager

Chicago, IL · On-site +1

$105K - $132K/yr

... insurance requirements, and audit compliance. * Cross-Functional Collaboration: Partner closely with Operations, Compliance, Legal, and Finance to integrate risk management smoothly into daily ...

Arrive Logistics

Risk Manager

Chicago, IL · On-site

$105K - $132K/yr

... insurance requirements, and audit compliance. * Cross-Functional Collaboration: Partner closely with Operations, Compliance, Legal, and Finance to integrate risk management smoothly into daily ...

Alero Financial

Third Party Risk Manager

Elgin, IL · On-site

$120K - $150K/yr

First Vice President, Enterprise Risk Management Grade Level: 16 Full Salary Range: $120,574.45 ... Life Insurance * 401(k) match * Profit sharing * PTO * Flexible Spending Account * Tuition ...

New

Bank of Montreal

Data Management Risk Officer

Chicago, IL · On-site

$102K - $190K/yr

Leads the development and continuous improvement of the data management risk governance framework ... BMO also offers health insurance, tuition reimbursement, accident and life insurance, and ...

DV Trading

Credit Risk Manager

Chicago, IL · On-site

Lead Counterparty and Credit Risk Management practice at DV Trading by engaging business partners ... Medical, dental, and vision insurance * HSA, FSA, and Dependent Care Options * Employer Paid Group ...

DV Trading

Credit Risk Manager

Chicago, IL · On-site

$150K - $200K/yr

Lead Counterparty and Credit Risk Management practice at DV Trading by engaging business partners ... Medical, dental, and vision insurance * HSA, FSA, and Dependent Care Options * Employer Paid Group ...

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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 Sep 5, 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.

Sr. Analyst, US Operational Risk Management

CIBC

Chicago, IL • On-site

$83K - $95K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 11 days ago

CIBC rating

9.0

Company rating: 9.0 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

7th of 175 rated banks

Job description

We're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients.
At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.
To learn more about CIBC, please visit CIBC.com
The Senior Analyst, US Operational Risk Management, supports the execution, reporting, and continuous enhancement of the US Operational Risk Management program. This role is intended to provide broad exposure across US ORM through a combination of recurring accountabilities and project-based assignments supporting multiple ORM teams. The role will help build foundational operational risk management knowledge across areas such as portfolio management, risk assessments, program governance, change management, control testing, reporting and analytics, third party risk management, business continuity, operational resilience, cyber risk, data risk, fraud risk, and physical security risk management.
What You'll Be Doing
  • Support recurring US ORM program execution activities, including RCSA program reporting, operational loss metrics and related management reporting.
  • Participate in operational risk assessments and related program activities by gathering data, preparing materials, documenting outcomes, tracking follow-ups, and supporting timely execution.
  • Contribute to project-based assignments across US ORM teams based on business needs, providing the analyst with exposure to different aspects of the operational risk program.
  • Support the development and maintenance of program materials, guidance, procedures, job aids, meeting materials, and training or change management content.
  • Build knowledge of CIBC's US operational risk framework, risk culture, governance practices, and applicable program requirements while developing the skills necessary to progress within US ORM. #LI-TA

At CIBC we enable the work environment most optimal for you to thrive in your role. You'll have the flexibility to manage your work activities within a hybrid work arrangement where you'll spend 3 days per week on-site, while other days will be remote.
The scope of this mandate includes all Combined US Operations including Commercial Banking, Commercial Real Estate, Private Wealth, Private, Personal, and Digital Banking, Capital Markets, and supporting infrastructure teams including US Chief Administrative Office & Technology, Data, and AI.
Who You Are
  • Bachelor's degree
  • 3 + years of experience in Consulting or Financial Institution

California residents - your privacy rights regarding your actual or prospective employment
At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $83,000 - $95,000 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee's needs, including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members
What CIBC Offers
At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.
  • We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
  • Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
  • We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions
What you need to know
  • CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com
  • You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.
  • We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location
IL-Chicago, 70 W Madison St Fl 8
Employment Type
Regular
Weekly Hours
40
Skills
Analytical Thinking, Continuous Improvement Techniques, Control Frameworks, Group Problem Solving, Operation Risk Management, Risk Assessments, Risk Monitoring

What CIBC employees say

Hours and flexibility

Workplace

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