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Insurance And Risk Management Jobs in Chicago, IL

Trinity Health

Risk Manager

Berwyn, IL · On-site

$78K - $121K/yr

Maintain a close working relationship with Insurance & Risk Management Services (IRMS)of Trinity Health System. Requirements: * Bachelor's degree in nursing or healthcare related field. * 1-2 years ...

The Parking Spot

Director, Risk Management

Chicago, IL · Hybrid

$150K - $170K/yr

As a Director of Risk Management, this role leads the Company's enterprise risk and insurance programs and serves as the primary point of accountability for how risk is identified, managed, and ...

The Parking Spot

Director, Risk Management

Chicago, IL · Hybrid

$150K - $170K/yr

As a Director of Risk Management, this role leads the Company's enterprise risk and insurance programs and serves as the primary point of accountability for how risk is identified, managed, and ...

Chubb

Director, Enterprise Risk Management

Chicago, IL · On-site

$98K - $167K/yr

Job Summary The Director, Risk Management will be responsible for supporting the execution of the risk management process for Combined Insurance Company. This position requires significant ...

inlandgroup

Director of Risk Management

Oak Brook, IL · On-site

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 ...

Wintrust

Risk Management Analyst

Northbrook, IL · On-site

FIRST Insurance Funding prides itself in its commitment to service. Not only do we provide ... or Management. The associate will make informed decisions based on Risk evaluation criteria.

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Insurance And Risk Management information

See Chicago, IL salary details

$85K

$125.2K

$191.6K

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

As of Jun 9, 2026, the average yearly pay for insurance and risk management in Chicago, IL is $125,168.00, according to ZipRecruiter salary data. Most workers in this role earn between $104,000.00 and $142,200.00 per year, depending on experience, location, and employer.

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

A risk management and insurance degree prepares individuals for roles such as risk analyst, insurance underwriter, claims adjuster, or risk manager. These positions involve assessing risks, developing insurance policies, and using tools like actuarial software, often requiring industry certifications and strong analytical skills.

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 Chicago, IL? For Insurance And Risk Management jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Insurance And Risk Management jobs in Chicago, IL look for? The top searched job categories for Insurance And Risk Management jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Insurance And Risk Management jobs? Cities near Chicago, 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 Chicago, IL as of May 2026, with employment types broken down into 1% As Needed, 76% Full Time, 21% Part Time, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $125,168 per year, or $60.2 per hour.
Senior Risk Management & Insurance Analyst

Senior Risk Management & Insurance Analyst

Rotary International

Evanston, IL • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 3 days ago

Job description

Job Title: Senior Risk Management & Insurance Analyst
Area: Risk Management
Reports to: Risk Management Manager
Classification: Exempt
Location: Evanston, IL
This position is designated as Hybrid - Fully Flexible and expected to work from our world headquarters office once per month to several times a week. The specific days in the office are determined by managers based on business requirements. Rotary is under the jurisdiction of Illinois employment laws; we require all employees to live within reasonable daily commuting distance to Evanston.
Organization Overview
Rotary is a membership organization that unites people from all continents and cultures who take action to deliver real, long-term solutions to pressing issues facing our communities and the world. Each year, Rotary members expand their networks, build lasting relationships, and invest more than $300 million and 16 million volunteer hours to improve lives and create positive change in the world. In exchange for hard work and dedication in support of Rotary's clubs, members and other participants, and their humanitarian service projects, our employees receive competitive salaries, flexible schedules, comprehensive benefits, and job enrichment. To learn more, visit http://www.rotary.org.
Rotary's Commitment to Belonging
At Rotary, we foster a welcoming environment where all employees are valued and empowered. We are dedicated to creating meaningful opportunities and supporting the growth and well-being of our team. Join us in building a world where everyone can unite, take action, and create lasting change.
Position Overview
This position supports the Risk Management team, responsible for assisting in organizational insurance placement, risk and enterprise risk management activities, and managing insurance program for U.S. Rotary-related entities at Rotary International. You will be part of the Risk Management team that includes risk management, insurance, business resiliency and claims professionals. You will have the opportunity to support U.S. clubs and Rotary members in insurance matters, work on placement of various insurance policies for Rotary while interacting with diverse and talented Rotary staff. Your contribution will help ensure the organization understands and considers its insurable and non-insurable risks as it works to achieve its strategic goals.
You Will Have
  • Bachelor's degree (preferably in Insurance, Risk Management, Business Administration, or similar)
  • Minimum 5 years of experience in Insurance / Risk Management (in organizational setting or commercial brokerage operations)
  • Certification/designation in ARM, CIC or CPCU a plus
  • 3 years of experience with commercial general liability insurance coverages
  • Experience with loss control, risk mitigation strategies, analyzing and monitoring operational risks in the organization
  • Proficiency in or willingness to learn various collaboration tools (e.g., Microsoft tools, Microsoft Teams, Stream, Loop, etc.) to enhance communications and collaboration
  • Excellent customer service skills
  • Strong written and verbal skills, and the ability to effectively communicate insurance and risk management concepts with different audiences
  • Demonstrated strong analytical and problem solving skills

You Are Good At
  • Written and oral communication
  • Public speaking
  • Showing attention to detail
  • Self-motivating and managing multiple projects and tasks

You Will Be Responsible For
U.S. Liability Insurance Program - Communications with Insureds
Developing risk management and insurance communication vehicles for the U.S. Club Insurance Program. This includes:
  • managing liability insurance program's daily communications with insureds
  • developing and coordinating mass e-mailings and other communication vehicles to increase awareness and understanding of available insurance coverages and mitigation strategies
  • developing and maintaining risk management and insurance content for insureds (webinars, loss control guidelines, surveys and other)
  • main contact for Club Insurance Program's broker service team

Insurance Placements
  • Assisting Insurance & Claims Manager with gathering and preparing exposure data for reporting to insurance broker and underwriters for all insurance programs,
  • Assisting in the development of insurance coverage requirements, coverage placements, coverage analysis and underwriting programs for all insurance programs.
  • Assisting with review of insurance policies

Enterprise Risk Management
  • Assisting with gathering information on key organizational risks and work with subject matter experts on documenting mitigation activities
  • Developing new vehicles to collect organizational risk information (surveys, risk assessments, etc.)
  • Developing and implementing risk management strategies and policies
  • Assist with Rotary's large meetings' risk assessments

Travel Insurance Program
Managing the day-to-day responsibilities of the travel insurance program , which include:
  • communications with insureds and broker,
  • maintain and update resources and share with insureds
  • analyze exposures (claims, questions, trends)
  • maintain program documents and files
  • work with service providers and insurer to ensure proper handling of the cases and claims
  • work with other departments on travel risk management issues and questions

Special Projects
  • Undertake special projects relating to various risk management and insurance issues.
  • Assist in maintaining departmental databases and other structured formats

Travel
May travel on Rotary business (up to 3 business trips per year, including international travel)
Leadership Attributes
  • Communication: Be open to receiving ideas from diverse viewpoints and able to communicate messages so that they are universally understood.
  • Collaboration: Builds partnerships and works jointly with others to meet shared objectives.
  • Productivity: Able to generate results that moves Rotary toward achieving its goals.
  • Accountability: Have a clear sense of ownership and take personal responsibility for actions.
  • Adaptability: Respond to changes willingly and recognize when to adjust based on the situation.

Salary Range
  • $99,900 - $111,000

Why Work for Rotary?
  • Generous medical, dental, and vision benefits package
  • Progressive 401k matching contributions
  • Above market and generous paid time off package
  • Tuition reimbursement
  • Professional development opportunities
  • On-site cafeteria and coffee bar with special pricing for Rotary employees
  • Flextime-several different work schedules to choose from
  • Close to CTA, Metra, a variety of stores, and many food options

Please note:
  • Rotary does not provide VISA sponsorship or relocation assistance

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