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Insurance Risk Manager Jobs in Blue Island, IL (NOW HIRING)

JPMorgan Chase & Co

Industry Risk Manager

Chicago, IL · On-site

As a Manager within our Industry Risk team, you will support Bankers and KYC Officers by providing subject matter expertise regarding AML risks presented by specific High-Risk Industries (TPPPs, MSBs ...

First Industrial

Insurance Coordinator

Chicago, IL · On-site

$58K - $68K/yr

Interacts with Corporate Insurance/Risk Management when needed to adjust contract requirements or complete internal waiver documentation. Additionally, supports utility management initiatives by ...

Bank of Montreal

Third Party Risk Manager

Chicago, IL · On-site

$57K - $106K/yr

Management of risk stakeholder program execution and interaction with Third Party Risk Specialists ... BMO also offers health insurance, tuition reimbursement, accident and life insurance, and ...

BMO Financial

Third Party Risk Manager

Chicago, IL · On-site

$57K - $106K/yr

Management of risk stakeholder program execution and interaction with Third Party Risk Specialists ... BMO also offers health insurance, tuition reimbursement, accident and life insurance, and ...

Posted today

Northern Trust

Hedge Fund Risk Manager

Chicago, IL · On-site

$80K - $133K/yr

Role Overview We are seeking an experienced Risk Manager to join our investment team and oversee ... insurance, and other voluntary and well-being benefits. Northern Trust also provides a ...

Northern Trust

Hedge Fund Risk Manager

Chicago, IL · On-site

$80K - $133K/yr

Role Overview We are seeking an experienced Risk Manager to join our investment team and oversee ... insurance, and other voluntary and well-being benefits. Northern Trust also provides a ...

Northern Trust

Hedge Fund Risk Manager

Chicago, IL · On-site

$80K - $133K/yr

Role Overview We are seeking an experienced Risk Manager to join our investment team and oversee ... insurance, and other voluntary and well-being benefits. Northern Trust also provides a ...

Early Warning Services

IT Risk Manager

Chicago, IL · Hybrid

Overview The Manager, Risk Management is responsible for the building and coordination of a centralized first-line of defense (LOD1) risk and internal control program efforts for Early Warning ...

Indeed

Senior Insurance Analyst

Chicago, IL · On-site

Maintain and update risk management documentation (e.g., certificates of insurance, local policies) to ensure accuracy and consistency across entities. * Partner with Finance to ensure premium ...

New

Deloitte

Cyber Insider Risk Manager

Chicago, IL

Cyber Defense & Resilience - Insider Risk Manager Are you interested in working in a dynamic environment that offers opportunities for professional growth and new responsibilities? If so, Deloitte ...

Deloitte

Cyber Insider Risk Manager

Chicago, IL · On-site

Cyber Defense & Resilience - Insider Risk Manager Are you interested in working in a dynamic environment that offers opportunities for professional growth and new responsibilities? If so, Deloitte ...

Crowe LLP

Third Party Risk Manager

Chicago, IL · On-site

The Third Party Risk Manager position will be primarily responsible for managing and leading the assessment of the information security posture of key clients' third parties while overseeing the ...

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Showing results 21-40

All JobsInsurance Risk JobsInsurance Risk Manager JobsInsurance Risk Manager Jobs in Blue Island, IL

Insurance Risk Manager information

See Blue Island, IL salary details

$79.8K

$117.5K

$179.9K

How much do insurance risk manager jobs pay per year?

As of Aug 12, 2026, the average yearly pay for insurance risk manager in Blue Island, IL is $117,508.00, according to ZipRecruiter salary data. Most workers in this role earn between $97,700.00 and $133,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Insurance Risk Manager?

To thrive as an Insurance Risk Manager, you need expertise in risk assessment, analytical thinking, and a strong understanding of insurance principles, often supported by a relevant degree and certifications like ARM or CPCU. Familiarity with risk modeling software, statistical analysis tools, and regulatory compliance systems is typically required. Strong communication, decision-making, and problem-solving skills help you effectively advise stakeholders and manage complex risk scenarios. These abilities are crucial for identifying, evaluating, and mitigating risks to protect organizational assets and ensure regulatory compliance.

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

AspectInsurance Risk ManagerInsurance Underwriter
CredentialsTypically requires a bachelor's degree in risk management, finance, or related fields; professional certifications like ARM or CPCU are commonUsually holds a bachelor's degree in finance, economics, or related areas; certifications like CPCU or ARe are beneficial
Work EnvironmentWorks in corporate risk management departments, analyzing and mitigating risks for the companyWorks in insurance companies, assessing individual or business applications to determine coverage and premiums
Employer & Industry UsageUsed by insurance companies and large corporations to manage risk exposurePrimarily employed by insurance carriers to evaluate and approve insurance policies

While both roles involve understanding insurance policies, the Insurance Risk Manager focuses on overall risk mitigation strategies within an organization, whereas the Insurance Underwriter evaluates individual insurance applications to determine coverage and pricing.

What does an Insurance Risk Manager do?

An Insurance Risk Manager is responsible for identifying, assessing, and mitigating risks that could negatively impact an organization’s assets, operations, or reputation. They analyze various types of risks—including financial, operational, and compliance risks—and develop strategies to minimize potential losses. Insurance Risk Managers also advise on appropriate insurance coverage, negotiate policies with insurers, and ensure that the company complies with relevant regulations to protect against unforeseen events.

What are the most common challenges Insurance Risk Managers face when working across different departments?

Insurance Risk Managers often collaborate with various departments such as underwriting, claims, and compliance to identify and mitigate potential risks. One common challenge is ensuring clear communication and alignment of risk policies across teams that may have different priorities or levels of risk awareness. Balancing regulatory requirements with business objectives can also be complex, requiring strong negotiation and relationship-building skills. Successfully navigating these challenges helps create a unified risk culture and strengthens the organization's overall resilience.
What cities near Blue Island, IL are hiring for Insurance Risk Manager jobs? Cities near Blue Island, IL with the most Insurance Risk Manager job openings:
Insurance Risk Manager jobs near you
Infographic showing various Insurance Risk Manager job openings in Blue Island, IL as of August 2026, with employment types broken down into 1% As Needed, 70% Full Time, 25% Part Time, and 4% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $117,508 per year, or $56.5 per hour.

Industry Risk Manager

JPMorgan Chase & Co

Chicago, IL • On-site

Full-time

Medical, Retirement

Posted 28 days ago

JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 493 frontline employees who took The Breakroom Quiz

72nd of 171 rated banks

Job description

Join the team of motivated, detail-oriented professionals eager to make an impact. This role offers an excellent opportunity to expand your experience in industry risk, controls, data analytics, and cross-functional initiatives within a collaborative and fast-paced environment. You will be involved in the comprehensive specialized due diligence of prospective clients across Commercial & Investment Banking contributing to our mission of maintaining the highest standards of compliance and risk management.

As a Manager within our Industry Risk team, you will support Bankers and KYC Officers by providing subject matter expertise regarding AML risks presented by specific High-Risk Industries (TPPPs, MSBs, FinTechs, Casino/Gaming, and VASPs). You will identify opportunities to partner with colleagues to develop new control capabilities or enhance existing control programs to mitigate risk.

Job Responsibilities:

  • Manage client and partner expectations and understanding in a consultative way
  • Exhibit ownership of KYC/AML experience and client experience
  • Conduct Specialized Due Diligence and lead AML due diligence discussions for specific high-risk industries
  • Ensure KYC/AML deliverables are met and hold partners accountable
  • Proactive management of all AML/KYC and escalation activities to meet qualitative and timeliness requirements
  • Proactive identification, escalation and ownership of risk controls
  • Provide consultative views of risk assessment based on high-risk industry expertise
  • Independently manage renewal cycle of LCEs in partnership with Relationship Management, and other KYC Officers
  • Accountable for timely portfolio management while maintaining quality expectations

Required qualifications, capabilities, and skills:

  • Bachelor's Degree or equivalent relevant experience 
  • Ability to soundly execute quantitative and qualitative analysis and draw salient conclusions
  • Excellent verbal and written communication skills
  • Ability to present information in a concise and effective manner
  • Strong interactive personal skills and ability to influence others for positive results
  • Strong organizational skills both personally and across working team to meet deadlines in a fast-paced environment
  • Some travel may be required (less than 25%) to support various client coverage teams
  • Experienced in providing innovative and proactive solutions
  • Excellent attention to detail
  • Proficient in Microsoft Word, Excel, Power Point Pitch Pro

Preferred qualifications, capabilities, and skills: 

  • Relevant experience in AML/KYC, Risk Management, Security, and/or Law enforcement specific to fraud and illicit money movement
  • Strong understanding of AML and BSA regulatory requirements
  • Certified Anti-Money Laundering Specialist (CAMS) certification a plus
  • Strong client focus and ability to partner with various internal groups and client coverage
  • Independent, self-motivated with an ability to adapt and be flexible in a team environment
  • Deep understanding of high-risk industries specific to AML client and product risk
  • Ability to navigate complex client relationships and product usage
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

J.P. Morgan's Global Banking business is one of the largest wholesale banking client franchises in the world. We serve clients, including corporations, governments, states, municipalities, healthcare organizations, education institutions, banks and investors.
Global Investment Banking supports a broad range of corporations, institutions and governments by providing strategic advice, capital raising and risk management expertise.

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