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Loss Control Risk Management Jobs in Illinois (NOW HIRING)

Head of Risk Management

Chicago, IL ยท On-site

$350K - $420K/yr

... losses and proactively mitigate and control risk. This role also leads the placement and ... Establish risk management and E,H,S policies, procedures, and guidelines. * Identify and analyze ...

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Loss Control Risk Management information

See Illinois salary details

$33

$58

$77

How much do loss control risk management jobs pay per hour?

As of Aug 12, 2026, the average hourly pay for loss control risk management in Illinois is $58.89, according to ZipRecruiter salary data. Most workers in this role earn between $45.19 and $73.85 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a loss control risk management professional, and why are they important?

To thrive in Loss Control Risk Management, you need expertise in risk assessment, safety regulations, and incident prevention, typically supported by a degree in occupational safety, engineering, or a related field. Familiarity with risk management software, safety auditing tools, and certifications like CSP (Certified Safety Professional) or ARM (Associate in Risk Management) is often expected. Strong analytical thinking, communication, and problem-solving skills help you develop effective safety programs and collaborate with stakeholders. These skills and qualifications are critical for minimizing losses, ensuring regulatory compliance, and protecting people and assets within an organization.

What are some typical challenges faced by professionals in loss control risk management, and how can they be addressed?

Professionals in Loss Control Risk Management often encounter challenges such as gaining buy-in from clients or internal teams to implement recommended safety measures and keeping up with evolving regulatory standards. Addressing these challenges requires strong communication skills to clearly convey the value of risk mitigation and continuous professional development to stay current on industry regulations. Collaboration with operational staff, management, and external stakeholders is crucial to ensure that loss control strategies are practical and effectively adopted.

How to become a loss control risk management?

To become a loss control risk management professional, typically one needs a bachelor's degree in safety, risk management, or a related field, along with relevant certifications such as Certified Safety Professional (CSP) or Associate in Risk Management (ARM). Gaining experience in safety inspections, risk assessment, and hazard mitigation is also important, often through entry-level roles in safety or insurance industries. Strong analytical skills, knowledge of safety regulations, and the ability to develop risk management strategies are essential for success in this field.

What is loss control risk management?

Loss Control Risk Management is a process used by organizations and insurance companies to identify potential risks and implement strategies to minimize losses, especially those related to safety, property damage, and liability. Professionals in this field assess workplaces, procedures, and systems to uncover hazards and recommend improvements. Their goal is to reduce the frequency and severity of claims, ensuring safer operations and helping organizations comply with regulations. Effective loss control can also lead to lower insurance premiums and a safer environment for employees and customers.

What is the difference between Loss Control Risk Management vs Safety Coordinator?

AspectLoss Control Risk ManagementSafety Coordinator
CertificationsCPR, OSHA, CSP or ARMOSHA 10/30, CSP, OSHA certifications
Work EnvironmentInsurance companies, risk management firms, corporate safety departmentsIndustrial sites, construction, manufacturing facilities
Employer & Industry UsageInsurance, risk management, corporate safetyConstruction, manufacturing, facilities management

Loss Control Risk Management professionals focus on identifying and mitigating risks to prevent losses, often working with insurance and corporate safety teams. Safety Coordinators primarily implement safety policies on-site to ensure compliance and protect workers. While both roles emphasize safety, Loss Control Risk Management has a broader scope related to risk assessment and insurance, whereas Safety Coordinators focus on day-to-day safety procedures.

What are popular job titles related to Loss Control Risk Management jobs in Illinois? For Loss Control Risk Management jobs in Illinois, the most frequently searched job titles are:
Infographic showing various Loss Control Risk Management job openings in Illinois as of August 2026, with employment types broken down into 70% Full Time, and 30% Part Time. Highlights an 100% In-person job distribution, with an average salary of $122,482 per year, or $58.9 per hour.

Head of Risk Management

CC Industries

Chicago, IL โ€ข On-site

$350K - $420K/yr

Full-time

Posted 7 days ago


Job description


About HCC/CCI
Henry Crown & Company/CC Industries is a Chicago-based, privately-held company that manages business, philanthropic, and family interests on behalf of a multi-generational family. The business ventures fall into broadly-defined categories: wholly-owned operating companies, public and private equity investments, and real estate. The enterprise also supports individual and collective giving through Crown Family Philanthropies and provides traditional family office services across generations. The enterprise employs approximately 350 professionals in the areas of investment management, corporate development, financial operations, tax, research and innovation, human resources, information technologies, and legal.
Why Work for Us?
We are a private enterprise with more than a 100-year legacy and track record of financial success, supporting our communities, and taking care of our employees. We plan strategically with a long-term time horizon and an integrated approach to access superior opportunities and optimize financial results. Integrity, collaboration, and dedication are cornerstones of our workplace culture that create rewarding professional experiences.
Position Description
This role is responsible for developing and implementing Corporate Risk Management and Environmental, Health and Safety strategies, frameworks, and systems to prevent losses and proactively mitigate and control risk. This role also leads the placement and coordination of Commercial Property & Casualty and Personal Lines Insurance programs, including leadership and administration of two wholly-owned insurance captives, the Enterprise Risk Management process, and claims management. This role reports to the CHRO and oversees the Manager of Corporate Safety and Director of Risk Management.
Responsibilities
  • Establish risk management and E,H,S policies, procedures, and guidelines.
  • Identify and analyze risk exposures and determine how to respond. Continually monitor.
  • Provide consulting services to businesses on E,H,S, insurance and risk management issues.
  • Evaluate, negotiate and select commercial and personal lines insurance programs to include coverages, limits, retention levels, strong carriers, cost, service, etc., and communicate to appropriate parties.
  • Lead, manage and perform administrative duties associated with the organization's captive insurance companies.
  • Lead the Enterprise Risk Management process to ensure the organization's most significant risks are identified and mitigated.
  • Oversee claims management activities.
  • Review insurance provisions in major business & financial contracts.
  • Develop and direct production of reports and analyze financial results of the risk management program.
  • Develop training programs on insurance and risk management issues.
  • Spearhead risk management due diligence related to acquisitions.
  • Direct inspections, surveys and audits within family portfolio, operating businesses and partnership deal contracts.
  • Ensure all reporting requirements are met under existing insurance policies.
  • Direct risk management staff.
  • Travel 15%-20% of the time.

Qualifications
  • Bachelor's Degree (Risk Management Degree Preferred); Master's Degree in Business Administration preferred.
  • CPCU, ARM or CRM preferred.
  • Strong communication, presentation and interpersonal skills.
  • Strong problem resolution and analytical abilities.
  • Deep understanding of Risk Management for a large, complex organization to include commercial insurance placement and E,H,S in a corporate role (preferred) or consulting role.
  • Strong understanding of insurance coverages.
  • Management experience with captive insurance companies and Enterprise Risk Management processes.
  • Working knowledge of Microsoft Office and Excel.
  • Ability to make quick and practical decisions.
  • Focused, organized & results oriented.

The Starting Salary Range: $350k-$420k with bonus eligibility. Exact compensation may vary based on skills, experience, and location. To see an overview of all our benefits please go to our career portal here.
Don't meet every single requirement? Studies have shown that women, members of the LGBTQIA+ community, individuals experiencing disability and BIPOC are less likely to apply to jobs unless they meet every single qualification. At HCC/CCI we are dedicated to building a diverse, inclusive and authentic workplace, so if you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.