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Insurance Risk Manager Jobs in Tinley Park, IL (NOW HIRING)

Bank of Montreal

Manager, Risk Governance

Chicago, IL · On-site

$74K - $138K/yr

The Manager, Risk Governance develops, implements, and maintains risk governance frameworks ... BMO also offers health insurance, tuition reimbursement, accident and life insurance, and ...

Wedbush

Vice President, Market Risk Manager

Chicago, IL

$125K - $200K/yr

The primary function of this role is to act as a Market Risk Analytics Manager focusing on futures, options on futures, FX, power products and Fixed Income. Responsibilities include, but are not ...

Invenergy

Associate, Insurance

Chicago, IL · On-site

Bachelor's degree in insurance, risk management or other relevant majors, with a proven track record of high performance and industry participation. * Proven track record evidencing commitment ...

Invenergy LLC

Associate, Insurance

Chicago, IL · On-site

Bachelor's degree in insurance, risk management or other relevant majors, with a proven track record of high performance and industry participation. * Proven track record evidencing commitment ...

Invenergy LLC

Associate, Insurance

Chicago, IL · On-site

Bachelor's degree in insurance, risk management or other relevant majors, with a proven track record of high performance and industry participation. * Proven track record evidencing commitment ...

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All JobsInsurance Risk JobsInsurance Risk Manager JobsInsurance Risk Manager Jobs in Tinley Park, IL

Insurance Risk Manager information

See Tinley Park, IL salary details

$80K

$117.8K

$180.3K

How much do insurance risk manager jobs pay per year?

As of Sep 2, 2026, the average yearly pay for insurance risk manager in Tinley Park, IL is $117,797.00, according to ZipRecruiter salary data. Most workers in this role earn between $97,900.00 and $133,800.00 per year, depending on experience, location, and employer.

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 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 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 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 job categories do people searching Insurance Risk Manager jobs in Tinley Park, IL look for?

The top searched job categories for Insurance Risk Manager jobs in Tinley Park, IL are:

What cities near Tinley Park, IL are hiring for Insurance Risk Manager jobs?

Cities near Tinley Park, IL with the most Insurance Risk Manager job openings:

Insurance Risk Manager jobs near you
Infographic showing various Insurance Risk Manager job openings in Tinley Park, IL as of August 2026, with employment types broken down into 88% Full Time, 7% Part Time, and 5% Contract. Highlights an 82% In-person, 9% Hybrid, and 9% Remote job distribution, with an average salary of $117,797 per year, or $56.6 per hour.

Treasury Management Segment Risk Manager Sr

Huntington

Chicago, IL

$93K - $189K/yr

Full-time

Medical, Life, Retirement, PTO

Posted 5 days ago

Huntington National Bank rating

8.1

Company rating: 8.1 out of 10

Based on 174 frontline employees who took The Breakroom Quiz

65th of 174 rated banks

Job description

Description

Summary:

The Treasury Management Segment Risk Manager Sr is responsible for leading and overseeing risk management programs specific to Treasury Management within a major business segment or region. This role ensures effective administration of risk strategies, adherence to regulatory and corporate standards, and alignment with organizational objectives. The successful candidate will partner closely with Treasury Management leadership, acting as a key advisor and control advocate within the organization.

Duties & Responsibilities:

  • Evaluate the adequacy and effectiveness of controls and practices specific to Treasury Management processes.

  • Direct and monitor self-assessment and testing activities to ensure compliance with Corporate Risk Management requirements and regulatory expectations.

  • Oversee the identification, assessment, and mitigation of risks related to cash management, payments, liquidity, and other Treasury Management services.

  • Escalate critical issues and emerging risks to senior management in a timely manner.

  • Partner with business segment leaders to ensure the risk management function supports strategic and operational goals of Treasury Management.

  • Collaborate with internal audit, corporate risk, and business segment stakeholders to address findings and implement effective action plans.

  • Act as the central point for risk communications, ensuring accurate and timely flow of information between Treasury Management and Corporate Risk teams.

  • Ensure strict adherence to all corporate and business unit policies, procedures, and regulatory standards within the Treasury Management segment.

  • Stay abreast of industry trends, regulatory changes, and emerging risks relevant to Treasury Management.

  • Perform other duties as assigned in support of overall risk management objectives.

Basic Qualifications:

  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field or in lieu of aBachelor'sdegree, 4 additional years of segment-specific or risk-related experience may be considered.

  • Minimum of 7 years of experience in Audit, Compliance, Risk Management, Treasury Management, or Operational Risk within financial services.

Preferred Qualifications:

  • Previous management or leadership experience in Treasury Management or related financial services functions.

  • Advanced knowledge of Treasury Management products (ACH, Wires, RTP, RDC, Lockboxetc), services, and related risk managementprinciple.

  • Strong organizational, analytical, and critical thinking skills, with the ability to solve complex problems.

  • Excellent verbal and written communication skills, with the ability to present risk issues clearly and concisely to various audiences.

  • Proven ability to build partnerships and collaborate effectively across business units.

  • Demonstrated ability to handle ambiguity and navigate complex regulatory or operational situations.

  • Track record of influencing change, managing multiple priorities, and thriving in a fast-paced environment.

  • Proficiency in Microsoft Office suite and familiarity with governance, risk, and compliance (GRC) tools.

  • Relevant risk certifications (e.g., CTP, CISA, CRISC, or equivalent) are strongly preferred.

  • Experience leveraging AI-enabled tools, such as Microsoft Copilot, to enhance risk reporting, analysis, and documentation quality.

#LI-OnSite


Exempt Status: (Yes= not eligible for overtime pay) (No= eligible for overtime pay)

Yes

Workplace Type:

Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We're combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Compensation Range:

$93,000-$189,000 Annual Salary

The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).


Huntington is an Equal Opportunity Employer.


Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.


Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.


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