Manager Vendor Risk Management Jobs in Illinois (NOW HIRING)

Jones Lang LaSalle in partnership with Aon is seeking a Risk Manager!

Jones Lang LaSalle (JLL) is looking for a Risk Manager to join its global team. The position reports to the Director of Risk Management. This is a tremendous opportunity for someone looking to grow their experience as well as career!

Work Style: Hybrid - work in the downtown Chicago office 2-3 days a week.

What this job involves:

The qualified Risk Manager will have 5-7 years of relevant (insurance, brokerage, risk management) experience to assist in running our corporate General Liability, Auto, Pollution, Aviation, and Umbrella insurance programs, including a captive insurance structure.

A successful applicant will demonstrate a strong understanding of how to build insurance programs. They will handle programs, negotiate sophisticated contracts, and serve as a technical expert for internal teams and business leaders. Your primary objective will be to enable business growth and support client engagements while protecting the firm's balance sheet through effective risk management. This role requires collaboration with teams across the world and may involve occasional travel.

Key Responsibilities:

• Insurance Program & Renewal Management: Lead the annual renewal process for liability insurance programs, advise on strategy and market conditions to data analysis and program structuring to optimize coverage, risk retention, and total cost of risk (TCOR).
• Business Partnership & Advisory: Serve as the primary risk management resource for internal business divisions. Provide expert advice on insurance needs, contractual risk transfer, and indemnity provisions. Explain complex insurance concepts during client negotiations and present on risk management topics to enhance business-wide understanding.
• Stakeholder & Vendor Relations: Cultivate relationships and partner with external interested parties, including insurance brokers, underwriters, and captive managers, to advocate for the firm's interests and ensure optimal service and program performance.
• Contract Review & Negotiation: Advise on all insurance and risk-related provisions within new and existing client and vendor contracts, ensuring the firm's assets and interests are protected.
• Financial Oversight: Partner with the Finance department on program budgeting, forecasting, allocations, and the timely payment of all related invoices.

Required qualifications:

• Bachelor's degree or equivalent experience in Risk Management, Finance, Business, or a related field.
• Demonstrated ability in risk management, insurance brokerage, or carrier environment.
• Strong experience with General Liability and Auto insurance and Umbrella Liability programs.
• Proven experience negotiating insurance provisions in commercial contracts.
• Strong analytical skills, with proficiency in Microsoft Excel for crafting charts and graphs.
• Strategic problem solver who pays attention to detail and has excellent communication and presentation skills. Able to explain technical insurance concepts in business terms to many audiences.

Preferred qualifications:

• Professional certifications such as Associate in Risk Management (ARM) or Certified Risk Manager (CRM) or similar.
• Demonstrable experience using and leveraging AI tools to enhance business processes and outcomes is a plus

For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.

Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

Pay Transparency Laws:

The salary range for this position (intended for U.S. applicants) is $100,000 to $150,000 annually. The actual salary will vary based on applicant's education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant's geographic location.

The salary range reflected is based on a primary work location of Chicago, IL. The actual salary may vary for applicants in a different geographic location.

This position is eligible to participate in one of Aon's annual incentive plans to receive an annual discretionary bonus in addition to base salary. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.

A summary of all the benefits offered for this position:

Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon's discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts,employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.

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