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Manager Of Risk Management Jobs in Illinois (NOW HIRING)

Reporting directly to the Chief Risk Officer, EVP , the Director of Risk Management will oversee complex insurance programs, captive operations, claims management, and key financial and strategic ...

Reporting directly to the Chief Risk Officer, EVP , the Director of Risk Management will oversee complex insurance programs, captive operations, claims management, and key financial and strategic ...

Head of Risk Management

Chicago, IL ยท On-site

$350K - $420K/yr

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.

New

Director of Risk Management

Oak Brook, IL ยท On-site

$145.57 - $189.24/hr

Reporting directly to the Chief Risk Officer, EVP , the Director of Risk Management will oversee complex insurance programs, captive operations, claims management, and key financial and strategic ...

Director of Risk Management

Chicago, IL ยท On-site

$150K - $175K/yr

POSITION SUMMARY The Director of Risk Management is responsible for the strategic oversight and execution of the Company's insurance, claims, and risk management programs. This position provides ...

New

Director of Risk Management

Chicago, IL ยท On-site

$150K - $175K/yr

POSITION SUMMARY The Director of Risk Management is responsible for the strategic oversight and execution of the Company's insurance, claims, and risk management programs. This position provides ...

New

Director of Risk Management

Chicago, IL ยท On-site

$150K - $175K/yr

POSITION SUMMARY The Director of Risk Management is responsible for the strategic oversight and execution of the Company's insurance, claims, and risk management programs. This position provides ...

New

Director of Risk Management

Chicago, IL ยท On-site

$97K - $116K/yr

In this leadership role, you will oversee the implementation of a comprehensive risk management program, collaborate with multiple departments to assess and mitigate risks, and promote a culture of ...

Director of Risk Management

Chicago, IL ยท On-site

$97.43 - $116.42/hr

In this leadership role, you will oversee the implementation of a comprehensive risk management program, collaborate with multiple departments to assess and mitigate risks, and promote a culture of ...

Director of Risk Management

Chicago, IL ยท On-site

$150 - $175/hr

POSITION SUMMARY The Director of Risk Management is responsible for the strategic oversight and execution of the Company's insurance, claims, and risk management programs. This position provides ...

Posted today

Director of Risk Management

Chicago, IL ยท On-site

$97K - $116K/yr

In this leadership role, you will oversee the implementation of a comprehensive risk management program, collaborate with multiple departments to assess and mitigate risks, and promote a culture of ...

Global Head of Risk Management

Chicago, IL ยท On-site

$225K - $300K/yr

At least 7 years' relevant experience as a Senior Risk Manager in a derivatives trading environment ... Detailed knowledge of exchange traded derivative products with an emphasis on their risk ...

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Showing results 1-20

Manager Of Risk Management information

See Illinois salary details

$42.2K

$100.5K

$162.3K

How much do manager of risk management jobs pay per year?

As of Aug 7, 2026, the average yearly pay for manager of risk management in Illinois is $100,492.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,300.00 and $127,900.00 per year, depending on experience, location, and employer.

What is the difference between Manager Of Risk Management vs Risk Analyst?

AspectManager Of Risk ManagementRisk Analyst
Required CredentialsBachelor's degree, professional risk management certifications (e.g., CRM, FRM)Bachelor's degree, often pursuing certifications like CRM or FRM
Work EnvironmentOversees risk management teams, develops strategies, collaborates with senior managementAnalyzes data, assesses risks, prepares reports, supports risk strategies
Employer & Industry UsageFinancial institutions, insurance companies, large corporationsFinancial firms, insurance, consulting, and corporate risk departments

The Manager Of Risk Management typically leads risk strategies and manages teams, requiring advanced certifications and experience. In contrast, a Risk Analyst focuses on data analysis and risk assessment, often with similar educational backgrounds but less managerial responsibility. Both roles are essential in risk management but differ in scope and seniority.

What are the most commonly searched types of Of Risk Management jobs in Illinois? The most popular types of Of Risk Management jobs in Illinois are:
What cities in Illinois are hiring for Manager Of Risk Management jobs? Cities in Illinois with the most Manager Of Risk Management job openings:

Director of Risk Management

inlandgroup

Oak Brook, IL โ€ข On-site

Other

Re-posted 15 days ago


Job description

The Inland Real Estate Group of Companies, a diversified real estate, investment, and financial services organization, is seeking an experienced Director of Risk Management to lead and advance our enterprise-wide risk management strategy. This is a highly visible, senior-level role with broad exposure to executive leadership and multiple business lines across the organization.

Reporting directly to the Chief Risk Officer, EVP, the Director of Risk Management will oversee complex insurance programs, captive operations, claims management, and key financial and strategic risk initiatives. Inland Risk Management operates as a shared service model, offering the opportunity to collaborate closely with leaders across the firm and influence risk strategy at an enterprise level.


Key Responsibilities
  • Lead the placement, structure, and ongoing management of complex property & casualty insurance programs, including D&O/E&O, Cyber, EPL, Fiduciary, Crime, and Workersโ€™ Compensation.
  • Oversee claims management, ensuring effective resolution and cost control.
  • Manage and grow a single-parent captive insurance program domiciled in Vermont, coordinating with brokers, captive managers, and internal stakeholders to maximize utilization and revenue opportunities.
  • Conduct comprehensive risk assessments and enterprise risk analysis, identifying exposures and developing mitigation strategies.
  • Support and participate in Enterprise Risk Management (ERM) and Environmental, Social & Governance (ESG) initiatives.
  • Develop and execute strategies for collateral recovery, strengthening financial outcomes and reducing losses.
  • Perform risk-related financial forecasting, providing insight and recommendations to support strategic decision-making.
  • Participate in group P&L reviews, analyzing trends, variances, and opportunities for improvement.
  • Serve as a key advisor to leadership on insurance market conditions, coverage optimization, and cost containment.
  • Develop, implement, and maintain risk management policies and procedures in alignment with regulatory and industry best practices.
  • Act as a key member of the Cyber Security Incident Response Team and ESG committee.
  • Lead, mentor, and develop the risk management team, fostering professional growth and continuous improvement.
  • Perform supervisory duties including hiring, performance management, coaching, promotion, and disciplinary actions.
  • Maintain the highest standards of professionalism, integrity, and compliance with all laws, policies, and regulations.
  • Perform other duties as assigned.

Supervisory Responsibility
  • Directly supervises two team members:
    • Administrative Assistant
    • Claims Specialist

Qualifications

Education

  • Bachelorโ€™s degree with a concentration in Risk Management, Finance, or equivalent professional experience required

Experience

  • 10+ years of progressive experience in Risk Management, Claims, Loss Control, Insurance, and Financial Management
  • Demonstrated experience with captive insurance administration (required)

Licenses & Certifications

  • Property & Casualty License โ€“ required (or able to obtain within 1 year)
  • ARM (Associate in Risk Management) strongly preferred

Skills & Technical Expertise

  • Expert-level Microsoft Excel skills
  • Proficiency in Microsoft Word and Outlook
  • Experience with RMIS and TPA systems
  • Strong analytical, financial, and problem-solving skills
  • Excellent written and verbal communication abilities
  • Proven leadership skills with the ability to influence across diverse business groups

Why Join Inland
  • High-impact, enterprise-level leadership role
  • Exposure to executive leadership and multiple business platforms
  • Opportunity to shape and grow a sophisticated risk function and captive program
  • Stable, well-established organization with a long-term view