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

Chubb

Vendor Risk Analyst

Chicago, IL · On-site +1

Health insurance * Dental insurance * Tuition reimbursement * A company-match 401(k) plan ... The company is distinguished by its extensive product and service offerings, broad distribution ...

AIG

Casualty Risk Consultant

Chicago, IL

Get to know the business General Insurance is a leading provider of insurance products and services ... Risk ConsultingatAIG AIG Risk Consulting helps AIG's Underwriting teams identify, understand, and ...

York Risk Services

Regional Manager

Chicago, IL · On-site

Newsweek Recognizes Sedgwick as America's Greatest Workplaces National Top Companies Certified as a Great Place to Work Fortune Best Workplaces in Financial Services & Insurance Regional Manager ...

William Blair

Risk Analyst

Chicago, IL · On-site

$77K - $95K/yr

Bachelor's Degree required * 2 - 5 years of financial services industry and risk management ... and life insurance, 401(k), profit sharing, paid time off, Maven family & fertility benefit ...

York Risk Services

Operations Manager

Chicago, IL · Hybrid

$71K - $85K/yr

Newsweek Recognizes Sedgwick as America's Greatest Workplaces National Top Companies Certified as a Great Place to Work Fortune Best Workplaces in Financial Services & Insurance Operations Manager ...

York Risk Services

RN Field Case Manager

Chicago, IL · Remote

$80K - $102K/yr

Newsweek Recognizes Sedgwick as America's Greatest Workplaces National Top Companies Certified as a Great Place to Work Fortune Best Workplaces in Financial Services & Insurance RN Field Case Manager ...

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All JobsInsurance Risk Services JobsInsurance Risk Services Jobs in Chicago, IL

Insurance Risk Services information

See Chicago, IL salary details

$85K

$125.2K

$191.6K

How much do insurance risk services jobs pay per year?

As of Jul 23, 2026, the average yearly pay for insurance risk services in Chicago, IL is $125,168.00, according to ZipRecruiter salary data. Most workers in this role earn between $104,000.00 and $142,200.00 per year, depending on experience, location, and employer.

What types of teams or departments will I work closely with in an Insurance Risk Services role?

In an Insurance Risk Services position, you will regularly collaborate with underwriting, claims, actuarial, and sales teams to evaluate client portfolios and develop risk mitigation strategies. You may also interact with clients directly to assess their operations and recommend ways to reduce potential exposures. This cross-departmental teamwork ensures a comprehensive approach to risk management and helps provide clients with tailored insurance solutions. Being comfortable working with diverse teams is crucial for success, as it fosters information sharing and aligned decision-making.

What is an Insurance Risk Services job?

An Insurance Risk Services job involves assessing, analyzing, and mitigating risks for insurance companies or clients. Professionals in this role evaluate potential financial losses, review policies, conduct risk assessments, and recommend strategies to minimize exposure. They may work in underwriting, claims, or risk consulting, ensuring that businesses and individuals are adequately protected. Strong analytical skills, industry knowledge, and regulatory compliance awareness are essential for success in this field.

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

To excel in Insurance Risk Services, you need analytical skills, a solid understanding of risk assessment principles, and often a degree in finance, business, or a related field. Familiarity with risk management software, underwriting platforms, and professional certifications like ARM (Associate in Risk Management) are typically beneficial. Strong communication, attention to detail, and problem-solving abilities enable effective collaboration and decision-making. These skills are vital for accurately identifying, evaluating, and mitigating potential risks, which directly impact the stability and profitability of insurance organizations.

What are popular job titles related to Insurance Risk Services jobs in Chicago, IL? For Insurance Risk Services jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Services jobs in Chicago, IL look for? The top searched job categories for Insurance Risk Services jobs in Chicago, IL are:
Insurance Risk Services jobs near you
Infographic showing various Insurance Risk Services job openings in Chicago, IL as of July 2026, with employment types broken down into 1% As Needed, 73% Full Time, 21% Part Time, and 5% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $125,168 per year, or $60.2 per hour.
VP, Professional & Executive Risk, ProEx Claims

VP, Professional & Executive Risk, ProEx Claims

HUB

Chicago, IL

$200K - $235K/yr

Full-time

Dental, Vision, Life, Retirement, PTO

Posted 13 days ago

Job description

ABOUT US

AtHUB International, we are a team of entrepreneurs. We believe in protecting and supporting the aspirations of individuals, families, and businesses. We help our clients evaluate their risks and develop solutions tailored to their needs. We believe in empowering our employees to learn, grow, and make a difference. Our structure enables our teams tomaintaintheir own unique, regional culture whileleveragingsupport and resources from our corporate centers of excellence.

HUB isone of thelargest global insurance and employee benefitsbroker, providing a boundaryless array of business insurance, employee benefits, risk services, personal insurance, retirement, and private wealth management products and services. With over$5 billionin revenue and almost20,000 employeesin 600 offices throughout North America, HUB hasgrown substantially, inpart due to ourindustryleading success in mergers and acquisitions.

Position Summary

Working within the Claims Department in a client-facing role, the successful candidate will apply their experience in providing interpretation of policy language, coverage analysis, advocacy, coverage and dispute resolution, act as liaison between clients, adjusters, lawyers and insurance companies, claims management and other related client services. A successful candidate will have experience handling professional and executive liability claims in the financial institutions and private equity space. The Claims Department's mandate is to deliver claims consulting services to clients, and advocate for our clients in resolving any issues relating to their loss, i.e., coverage disputes, policy interpretation, settlement disputes, etc.

Responsibilities

  • Claims advocate and facilitator on behalf of client
  • Consultation with clients on claim issues involving Directors & Officers, Errors & Omissions, Employment Practices, and Fiduciary coverages
  • Review and recommend solutions to coverage, quantum and claim handling management issues
  • Negotiate with insurers, adjusters and lawyers to expedite and obtain fair settlement of claims
  • Participate in sales presentations to prospective clients
  • Assist the client in preparing special claims servicing instructions focusing on the client's specific needs and taking into consideration the structure of their insurance programs
  • Review and comment on policy wordings for account teams
  • Review of claims with clients/insurers/loss adjusters regularly

Qualifications & Skills

  • Post-secondary education (J.D. required)
  • 8-12 years of experience handling financial lines claims (including financial institutions and private equity) and related coverage issues within the insurance industry
  • Knowledge and/or experience with professional and management liability lines of insurance coverage with detailed understanding of the following coverages: Directors & Officers, Errors & Omissions, Employment Practices, and Fiduciary Liability
  • Holds or commits to obtain appropriate state license within probationary period
  • Possesses excellent knowledge of coverage and analytical skills in policy interpretation
  • Aware of relevant insurance legislation and major insurance-related court decisions
  • Prior experience in claims consultation with larger risk accounts
  • Strong communication skills - both verbal & written, as well as effective time management and organizational practices
  • Results-oriented with strong client service emphasis and focus
  • Excellent interpersonal and strong negotiating skills

JOIN OUR TEAM

Do you believe in the power of innovation, collaboration, and transformation? Do you thrive in a supportive and client focused work environment? Are you looking for an opportunity to help build and drive change in a rapidly growing and evolving organization? When you joinHUBInternational, you will be part of a community of learners and doers focused onour Core Values:entrepreneurship,teamwork, integrity, accountability, and service.

Disclosure required under applicable law in California, Colorado, Illinois, Maryland, Minnesota, New York, New Jersey,Ohio,and Washington states: The expected salary range for this position is $200,000- $235,000and will be impacted by factors such as the successful candidate's skills, experience and working location, as well as the specific position's business line, scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages: health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits such as vacation, sick, and personal days, and eligible bonuses,equityand commissions for some positions.

Department Account Management & ServiceRequired Experience: 10-15 years of relevant experienceRequired Travel: Up to 25%Required Education: Bachelor's degree (4-year degree)

HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations.

E-Verify Program

We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the recruiting teamHUBRecruiting@hubinternational.com. This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.

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