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Insurance Risk Engineer Jobs in Chicago, IL (NOW HIRING)

Urschel, a 100% employee-owned company, is seeking a Risk Engineer to evaluate machine designs for ... Medical, Dental, Vision Insurance Available on 1st Day of Employment * Low Health, Dental, Vision ...

Urschel, a 100% employee-owned company, is seeking a Risk Engineer to evaluate machine designs for ... Medical, Dental, Vision Insurance Available on 1st Day of Employment * Low Health, Dental, Vision ...

Senior Risk Engineer- Powergen

Chicago, IL ยท On-site

$101K - $120K/yr

Perform on-site risk engineering surveys and desktop reviews for conventional power and renewable ... Previous Insurance experience is not a requirement of this role. * Demonstrated strong ...

The role of a Field Risk Engineer is core to what we do at AIG, both as a risk management resource to our clients and as a leading global insurance organization. Field Risk Engineersare responsible ...

Invenergy is North America's largest privately held developer, owner, and operator of power ... Provide regulatory, insurance, risk management, underwriting expertise, and administrative captive ...

Invenergy is North America's largest privately held developer, owner, and operator of power ... Provide regulatory, insurance, risk management, underwriting expertise, and administrative captive ...

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Showing results 1-20

Insurance Risk Engineer information

See Chicago, IL salary details

$40.2K

$104.8K

$141.6K

How much do insurance risk engineer jobs pay per year?

As of Jun 12, 2026, the average yearly pay for insurance risk engineer in Chicago, IL is $104,820.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,500.00 and $120,000.00 per year, depending on experience, location, and employer.

What does an Insurance Risk Engineer do?

An Insurance Risk Engineer assesses potential risks associated with a business or property to help insurers make informed underwriting decisions. They analyze safety protocols, operational procedures, and structural conditions to identify hazards and recommend risk mitigation strategies. Their goal is to minimize potential losses for both the insurer and the policyholder by implementing effective preventive measures. Risk engineers often conduct site inspections, review compliance with industry regulations, and provide detailed reports to underwriters. This role requires a strong understanding of engineering principles, risk assessment methodologies, and industry-specific safety standards.

What are the typical daily responsibilities of an Insurance Risk Engineer?

Insurance Risk Engineers commonly spend their days conducting on-site risk assessments of commercial and industrial properties, analyzing data to identify potential hazards, and preparing detailed risk evaluation reports for underwriters and clients. They often meet with property managers, safety officers, and other stakeholders to discuss best practices and recommend loss prevention measures. The role may involve occasional travel to client locations and close collaboration with underwriting and claims teams. This dynamic work environment enables continuous learning and opportunities to make tangible impacts on risk management outcomes.

What are the key skills and qualifications needed to thrive in the Insurance Risk Engineer position, and why are they important?

To thrive as an Insurance Risk Engineer, you need a solid background in engineering or a related technical field, strong analytical abilities, and in-depth knowledge of risk assessment methodologies. Familiarity with risk modeling software, industry safety codes, and certifications such as CFPS (Certified Fire Protection Specialist) or ARM (Associate in Risk Management) is highly valued. Exceptional communication, problem-solving skills, and attention to detail are key soft skills for effectively interacting with clients and translating complex technical findings. These competencies ensure accurate risk evaluations, support underwriters, and help mitigate losses, ultimately protecting both insurers and their clients.

What are the most commonly searched types of Insurance Risk Engineer jobs in Chicago, IL? The most popular types of Insurance Risk Engineer jobs in Chicago, IL are:
What are popular job titles related to Insurance Risk Engineer jobs in Chicago, IL? For Insurance Risk Engineer jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Engineer jobs in Chicago, IL look for? The top searched job categories for Insurance Risk Engineer jobs in Chicago, IL are:
Infographic showing various Insurance Risk Engineer job openings in Chicago, IL as of June 2026, with employment types broken down into 50% Full Time, and 50% Part Time. Highlights an 100% In-person job distribution, with an average salary of $104,820 per year, or $50.4 per hour.
Risk Engineer

Risk Engineer

Urschel Laboratories, Inc.

Chesterton, IN โ€ข On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 9 days ago


Job description

Urschel, a 100% employee-owned company, is seeking a Risk Engineer to evaluate machine designs for compliance with applicable safety standards and industry regulations, and to develop solutions that minimize or eliminate operator risk. This role provides technical leadership focused on regulatory compliance, hazard identification, risk assessment and cost-effective risk management for Urschel customers. This onsite position reports to the Electrical Engineering Manager and is based at our corporate Headquarters in Chesterton, Indiana.

Responsibilities include:

  • Conduct hazard analysis and risk assessments;
  • Evaluate and ensure the safety and regulatory compliance of machine design and part specifications;
  • Reviewing certified prints for safety and adequate guarding;
  • Develop, review, and maintain safety documentation, technical reports, and compliance certifications;
  • Stay current with regulations and standards related to industrial food processing machinery and food contact materials;
  • Provide guidance to engineers for adherence to standards, regulatory requirements, and sanitary design principles;
  • Investigate incidents and near misses and develop solutions for incorporation into future designs or procedures;
  • Attend trade shows to understand customer needs.

Urschel employee-owners design and manufacture industrial cutting equipment for food processing and allied industries around the world from our global headquarters located in Chesterton, Indiana, U.S.A. Consumers purchase goods manufactured on Urschel cutting equipment on a daily basis. Advanced manufacturing technologies are utilized at our climate controlled, clean, and environmentally conscious facility.

Company Benefits, Rewards and Perks:

  • Quarterly performance award bonus based on overall company performance
  • Employee Stock Ownership Plan (ESOP), Stock Issued Annually
  • 2 Weeks' Vacation Available Upon Hire
  • Medical, Dental, Vision Insurance Available on 1st Day of Employment
  • Low Health, Dental, Vision Insurance Premiums and Deductibles
  • Free Health Clinic (Available to Employees and Their Dependents)
  • 401(k) with Employer Matching
  • Free Life Insurance
  • Paid Holidays
  • Free 24/7 Access to An Onsite Workout Center with Personal Trainers
  • Education Reimbursement Program
  • Support for Community Involvement/Philanthropy

The qualified candidate will possess, at a minimum, a bachelor's degree in Civil, Electrical or Mechanical Engineering and three or more years of experience working in a manufacturing setting. Experience in the Food Industry and knowledge of food processing machines preferred. Prior experience performing risk assessments on machines preferred. Knowledge of ANSI, OSHA, ISO, NFPA, EN, and UL standards pertaining to machine guarding and electrical conformance is preferred. Must possess the ability to review and analyze engineering drawings and reports and the ability to communicate effectively with customers. Experience with CE compliance a plus.

If you are seeking an outstanding career opportunity, visit the Urschel careers link directly at http://www.urschel.com/careers or find us on Facebook or LinkedIn.

EEO/Veterans/Disability

Date Posted: 5/4/2026