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Insurance Asset Management Jobs in Illinois (NOW HIRING)

Mission The Asset Management Lead is responsible for planning, implementing, coordinating, and ... RINA North America provides a comprehensive benefits package, including the following insurance ...

Asset Management Lead

Chicago, IL · On-site

$130K - $180K/yr

Mission The Asset Management Lead is responsible for planning, implementing, coordinating, and ... RINA North America provides a comprehensive benefits package, including the following insurance ...

Associate, Asset Management

Chicago, IL · On-site

$17 - $22.75/hr

The Asset Management Associate will work in a fast-paced, agile, corporate environment. This role ... Dental Insurance * Vision Insurance * 401k Matching * Paid Maternal Leave * Parental Leave

Associate, Asset Management

Chicago, IL · On-site

$105K - $125K/yr

The Asset Management Associate will work in a fast-paced, agile, corporate environment. This role ... Dental Insurance * Vision Insurance * 401k Matching * Paid Maternal Leave * Parental Leave

Provide input and review of the pro-forma financial models for generation assets * Author reports ... Invenergy offers a variety of other benefits including medical, dental and vision insurance, 401k ...

Director, Capital Formation

Chicago, IL · On-site

$250 - $275/hr

... insurance asset management, or related alternative investment sectors. Essential Functions: * Develop and execute fundraising strategies targeting institutional investors across private credit, fixed ...

Senior Analyst, Asset Management

Chicago, IL · On-site

$88K - $109K/yr

We are seeking a Senior Analyst, Asset Management, to support our Asset Managers in managing an ... Review and approve annual tenant CAM, insurance, and tax reconciliation files in coordination with ...

Senior Analyst, Asset Management

Chicago, IL · Hybrid

$88K - $109K/yr

We are seeking a Senior Analyst, Asset Management, to support our Asset Managers in managing an ... Review and approve annual tenant CAM, insurance, and tax reconciliation files in coordination with ...

Senior Analyst, Asset Management

Chicago, IL · On-site

$88K - $109K/yr

We are seeking a Senior Analyst, Asset Management, to support our Asset Managers in managing an ... Review and approve annual tenant CAM, insurance, and tax reconciliation files in coordination with ...

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Showing results 1-20

Insurance Asset Management information

See Illinois salary details

$30K

$52.3K

$78K

How much do insurance asset management jobs pay per year?

As of Aug 11, 2026, the average yearly pay for insurance asset management in Illinois is $52,325.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,700.00 and $58,600.00 per year, depending on experience, location, and employer.

What is the difference between Insurance Asset Management vs Insurance Underwriter?

AspectInsurance Asset ManagementInsurance Underwriter
Primary RoleManaging investment portfolios for insurance companies to optimize returns and ensure financial stability.Assessing insurance applications to determine risk and decide policy approval and pricing.
Required CredentialsFinance or investment certifications (e.g., CFA), relevant degreesInsurance licenses, actuarial exams, relevant degrees
Work EnvironmentFinancial firms, investment departments within insurance companiesInsurance companies, underwriting departments
Industry UsageInvestment management, financial planningRisk assessment, policy issuance

While both roles operate within the insurance industry, Insurance Asset Management focuses on managing investments to support insurance companies' financial health, whereas Insurance Underwriters evaluate risks to determine policy terms. Understanding these differences helps job seekers target the right career path within the insurance sector.

What is insurance asset management?

Insurance asset management is the process of managing the investment portfolios of insurance companies to ensure they can meet their financial obligations to policyholders while optimizing returns. This involves balancing regulatory requirements, risk tolerance, and liquidity needs specific to the insurance industry. Asset managers in this field invest in a variety of assets such as bonds, equities, and alternative investments, all while considering the liabilities and long-term strategies of the insurance company.

What are the key skills and qualifications needed to thrive in insurance asset management?

To excel in Insurance Asset Management, you need a strong background in finance, investment analysis, and risk management, often supported by a degree in finance, economics, or a related field. Familiarity with portfolio management software, Bloomberg terminals, and professional certifications like CFA are highly valuable. Strategic thinking, attention to detail, and effective communication skills help professionals interpret complex data and convey investment strategies to stakeholders. These competencies are crucial for optimizing investment returns while managing regulatory requirements and risk for insurance portfolios.

What are the primary challenges faced by professionals in insurance asset management, and how can new hires prepare to address them?

Professionals in Insurance Asset Management often face the challenge of balancing regulatory requirements with the need to achieve optimal investment returns for insurance portfolios. Navigating complex risk constraints, such as capital adequacy and liquidity needs, requires a strong understanding of both investment principles and insurance regulations. New hires can prepare by familiarizing themselves with relevant regulatory frameworks (like Solvency II or NAIC guidelines) and developing strong analytical skills to assess risk-adjusted returns. Building collaborative relationships with actuarial, compliance, and investment teams is also key to effectively managing multi-faceted portfolios.
What are popular job titles related to Insurance Asset Management jobs in Illinois? For Insurance Asset Management jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Insurance Asset Management jobs in Illinois look for? The top searched job categories for Insurance Asset Management jobs in Illinois are:
Infographic showing various Insurance Asset Management job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $52,325 per year, or $25.2 per hour.

Asset Management Lead

RINA

Chicago, IL

$130K - $180K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 11 days ago


Job description

RINA is currently recruiting for a Asset Management Lead to join its project office in Chicago, IL within the North America Infrastructure & Mobility Division.

Please note that this position will work from our project office located at 11203 S. Corliss Ave, Chicago, IL 60628. Public transportation is not available.

Compensation Data

$130,000 - $180,000 commensurate with experience and education. 

Mission

The Asset Management Lead is responsible for planning, implementing, coordinating, and delivering all Transit Asset Management (TAM) activities. The position serves as the primary interface between design, construction, systems, commissioning, document controls, and client personnel to ensure all project assets are accurately identified, classified, documented, validated, and transferred into the client Enterprise Asset Management (EAM) system in accordance with FTA Transit Asset Management regulations and project specifications.

Key Accountabilities

Asset Management Program Leadership:

  • Develop and maintain the Project Asset Management Plan.
  • Establish procedures for asset identification, tracking, verification, and turnover.
  • Assist SME(s) with predictive maintenance calculations.
  • Lead implementation of Asset Management requirements throughout the project lifecycle.
  • Serve as the primary liaison for asset management activities.
  • Develop QA/QC procedures for asset data.
  • Modify or establish data governance and asset standards.
  • Coordinate asset hierarchy development.
  • Develop asset dashboards and KPIs to track completeness, accuracy, and readiness.

Design & Construction Responsibilities:

  • Work with engineering disciplines to identify all maintainable assets during design.
  • Establish asset registers for needed the project, to be input to EAM
  • Manage ongoing updates of asset inventories during construction.
  • Verify installed assets match approved design documentation.
  • Coordinate monthly asset management submissions.
  • Ensure asset information complies with client required data fields including asset number, class, category, warranty, manufacturer, design life, location, commissioning date, software/firmware versions, and other required metadata. 
Qualifications
  • Bachelor's degree in engineering, Construction Management, Asset Management, Information Systems, or related discipline.
  • 8+ years of experience in infrastructure or transit projects.
  • Minimum 5 years managing asset information on major transportation projects.
  • Experience delivering owner turnover documentation.
  • Knowledge of Enterprise Asset Management systems.
  • Experience with large infrastructure databases.
  • Strong understanding of configuration management principles.
  • Proven leader with expertise in data governance, cross-functional team coordination, quality and configuration management, and technical documentation.
  • Recognized for strong analytical thinking, problem-solving, and communication skills, with exceptional attention to detail and the ability to lead teams, streamline processes, and deliver high-quality technical and business solutions
  • Experience with rail transit systems is strongly preferred.

Preferred Qualifications:

  • Experience on Design-Build transit projects.
  • GIS integration experience.
  • Understanding of ISO 55000 Asset Management principles.
  • Knowledge of FTA Transit Asset Management requirements.
  • Familiarity with National Transit Database asset reporting.

Technical Skills

Preferred experience with:

  • Microsoft Excel
  • Relational databases, data querying, and enterprise data management technologies
  • MS Power BI or equivalent business intelligence and data visualization tools
  • SharePoint
  • Autodesk Forma (Autodesk Construction Cloud)
  • Hexagon EAM (HxGN EAM)
  • Esri ArcGIS 

The above statements are intended to describe the general nature of the work being performed. They are not to be construed as an exhaustive list of all responsibilities, duties and skills required. 

#LI-LS1

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Competencies
  • WORKPLACE DYNAMICS - Resourcefulness in shaping progress and working efficiently.
  • FORESIGHT & INSIGHT - Context awareness adopting a systemic perspective and informed decision making.
  • PERSONAL EMPOWERMENT - Ownership for life, work and results, striving to grow professionally and personally.
  • INTERPERSONAL INFLUENCE - Skills and strategies we use to interact effectively with others.
  • DOMAIN & BUSINESS ACUMEN - Applying a scientific approach and critical thinking in operations and solution development within area of expertise.

RINA is a multinational company providing a wide range of services in the energy, marine, certification, infrastructure & mobility, industry, research & development sectors. Our business model covers the full process of project development, from concept to completion.

RINA North America provides a comprehensive benefits package, including the following insurance options: Medical, Dental, Vision, Medical Flexible Spending Account, Dependent Care Spending Account, Health Savings Account, Transit, Parking, Basic Life, Basic AD&D, Voluntary Life, Voluntary AD&D, Short-Term Disability, Long-Term Disability, Voluntary Accident, Voluntary Critical Illness, Identity Theft Protection, Pet Insurance, and Employee Assistance Program. Additional benefits provided include paid time off, company holidays, tuition reimbursement, nursery grant, travel resource services, and 401K plan with company discretionary match.

At RINA, we endeavor to create a work environment where every single person is valued and encouraged to develop new ideas. We provide equal employment opportunities and are committed to creating a workplace where everyone feels respected and safe from discrimination or harassment of any kind. It is the policy of RINA to provide equal employment opportunity to all individuals regardless of their race,  color, religion, sex (including pregnancy) national origin, age, disabilities, marital status, sexual orientation, genetics, military status, disabled veterans, recently separated veterans, other protected veterans (veterans who served during a war or in a campaign or expedition for which a badge has been authorized), and Armed Forces service medal veteran, or any other characteristic protected by state or federal law. We are strongly committed to this policy and believe in the concept and spirit of the law.

RINA does not accept unsolicited resumes from search firms or agencies. Any resume submitted to any employee of RINA without a prior written search agreement will be considered unsolicited and the property of RINA. Please, no phone calls or emails.