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Insurance Risk Consultant Jobs in Illinois (NOW HIRING)

Personal Risk Specialist

Chicago, IL ยท On-site

$101K/yr

Schedule appointments and visit with high net worth individuals to understand their lifestyle, concerns and unique insurance needs, and provide consultative advice to tailor personal risk management ...

West Monroe is currently seeking a Senior Consultant with Insurance and Consulting experience to ... Work closely with engagement management to reduce project risk * Work closely with members of WMP ...

Showing results 41-60

Insurance Risk Consultant information

See Illinois salary details

$24

$51

$84

How much do insurance risk consultant jobs pay per hour?

As of Aug 12, 2026, the average hourly pay for insurance risk consultant in Illinois is $51.32, according to ZipRecruiter salary data. Most workers in this role earn between $42.40 and $56.39 per hour, depending on experience, location, and employer.

Does insurance risk consulting pay well?

Insurance risk consultants typically earn competitive salaries that vary based on experience, location, and certifications such as CPCU or ARM. Entry-level positions may start around $60,000 annually, while experienced professionals can earn over $100,000, especially with specialized skills and advanced degrees.

What is the difference between Insurance Risk Consultant vs Insurance Underwriter?

AspectInsurance Risk ConsultantInsurance Underwriter
CredentialsOften requires industry certifications like CPCU or ARMTypically holds similar certifications, sometimes with additional licensing
Work EnvironmentAdvises clients and analyzes risks for insurance companiesEvaluates applications and determines policy terms
Employer & Industry UsageConsulting firms, insurance companies, brokersInsurance companies, underwriting agencies

While both roles involve assessing risks, Insurance Risk Consultants focus on advising clients and analyzing complex risk scenarios, whereas Insurance Underwriters evaluate applications to determine policy eligibility and pricing. Understanding these differences helps in choosing the right career path or job search focus.

What does an insurance risk consultant do?

An Insurance Risk Consultant helps businesses and individuals identify, assess, and manage potential risks that could impact their financial wellbeing or operations. They analyze clients' current insurance policies, evaluate exposures to various risks, and recommend strategies to reduce or transfer those risks through insurance products or risk mitigation techniques. Their goal is to ensure clients have the appropriate coverage and risk management strategies in place. Insurance Risk Consultants often work with companies across various industries, providing expert advice on compliance, claims management, and loss prevention.

What are the key skills and qualifications needed to thrive as an insurance risk consultant?

To thrive as an Insurance Risk Consultant, you need a strong background in risk assessment, analytical thinking, and a relevant degree such as finance, business, or actuarial science. Familiarity with risk modeling software, data analysis tools, and industry certifications like ARM (Associate in Risk Management) is typically required. Excellent communication, problem-solving abilities, and relationship-building skills help set top consultants apart. These skills are vital for accurately evaluating risk, advising clients effectively, and ensuring comprehensive risk mitigation strategies.

What are some common challenges faced by insurance risk consultants when assessing client risk profiles?

Insurance Risk Consultants often encounter challenges such as gathering accurate and comprehensive data from clients, keeping up with evolving regulatory requirements, and addressing complex or unique risk scenarios. Building trust with clients to obtain sensitive information and navigating diverse industries with varying risk exposures can also be demanding. Successful consultants overcome these obstacles through strong communication skills, continuous professional development, and close collaboration with underwriters, actuaries, and legal teams.
What are popular job titles related to Insurance Risk Consultant jobs in Illinois? For Insurance Risk Consultant jobs in Illinois, the most frequently searched job titles are:
What cities in Illinois are hiring for Insurance Risk Consultant jobs? Cities in Illinois with the most Insurance Risk Consultant job openings:
Infographic showing various Insurance Risk Consultant job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 75% Full Time, 20% Part Time, and 4% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $106,744 per year, or $51.3 per hour.

Risk Management Information System Consultant

Cna

Downers Grove, IL โ€ข Hybrid

$54K - $103K/yr

Full-time

Posted 14 days ago


Job description

You have a clear vision of where your career can go. And we have the leadership to help you get there.At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.

Join the Claims Risk Management Information System (RMIS) & Third Party Administrator (TPA) Data Services team within the Property & Casualty Claims organization, composed of customer facing RMIS Consultants and data professionals. The RMIS Consultant role is focused on providing system and customer support.
Under technical direction, for assigned accounts manages the pricing, presentation, delivery, installation, training and support for on-line Risk Management Information Systems as well as loss reports, and other client service delivery. This position interacts with senior personnel of customers and the brokers of customers including Risk and Claim Managers, and Chief Financial officers.
Ideal candidates are experienced in providing system support and have strong communication, customer service and problem solving skills.
This position enjoys a flexible, hybrid work schedule of 2 days per week in our Chicago, IL or Downers Grove, IL office.

JOB DESCRIPTION:

Essential Duties & Responsibilities

Performs a combination of duties in accordance with departmental guidelines:

  • For assigned accounts identifies customer needs and opportunities for Risk Managment Information systems (RMIS) services and delivers innovative solutions.
  • Prices renewal services using pricing model. Negotiates pricing as required services
  • Documents and resolve service issues. Resolves complex problems.
  • Acts as technical resource and may provide training to staff and others.
  • Maintains an external focus as a contact for assigned accounts to resolve all post sale implementation and service issues.
  • Manages customer inquiries and issues about products or services.
  • Develops strong client relationships by providing quality service.
  • Continuously learning new trends and developments within functional areas as well as insurance industry.


Reporting Relationship
Typically Manager or above

Skills, Knowledge and Abilities

  • Strong technical expertise and independent judgement to manage business relationships with customers and Claims, Underwriting, Billing and Risk Control business units.
  • Insurance industry knowledge a plus, especially in the specialty area as it applies to business development and determining business opportunity.
  • Strong knowledge of RMIS products and the complex features and capabilities.
  • Excellent verbal and written communication skills with the ability to effectively interact with internal and external business partners.
  • Strong problem solving and analytical skills.
  • Results-oriented with the ability to implement tactical strategies.
  • Knowledge of Microsoft Office Suite as well as other business-related software.


Education and Experience

  • Bachelor's degree or equivalent.
  • Typically a minimum four years related claims, system support or client relationship experience.

#LI-KP1

#LI-Hybrid

In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia, California, Colorado, Connecticut, Illinois, Maryland, Massachusetts, New York and Washington, the national base pay range for this job level is $54,000 to $103,000 annually.Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees - and their family members - achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA's benefits, please visitcnabenefits.com.


CNAutilizesAI-enabled technology during the recruiting process. For more information, please visitourcareers page.


CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contactleaveadministration@cna.com