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Medical Device Risk Management Jobs in Illinois (NOW HIRING)

Prime Healthcare

Risk Management Manager

Chicago, IL

$70K - $102K/yr

Risk Management • Schedule: Day shift- 100% Onsite • Facility: St. Mary of Nazareth • ... Resurrection Medical Center offers competitive compensation and a comprehensive benefits package ...

Prime Healthcare

Risk Management Manager

Chicago, IL

$70K - $102K/yr

Risk Management • Schedule: Day shift- 100% Onsite • Facility: St. Mary of Nazareth • ... medical, dental, and vision coverage, tuition reimbursement, and many more voluntary benefit ...

LivaNova

Manager, Enterprise Risk Management

Chicago, IL · On-site

$110K - $150K/yr

... Enterprise Risk Management is responsible for overseeing and coordinating the organization ... Health benefits - Medical, Dental, Vision * Personal and Vacation Time * Retirement & Savings Plan ...

Medical Murray

R&D Quality Engineer II

Barrington, IL · On-site

$85K - $105K/yr

Strong understanding of medical device quality systems and risk management principles. * Experience supporting design verification/validation, process validation, and root cause investigations.

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All JobsMedical Device Risk Management JobsMedical Device Risk Management Jobs in Illinois

Medical Device Risk Management information

See Illinois salary details

$49.9K

$108.1K

$164.7K

How much do medical device risk management jobs pay per year?

As of Jul 5, 2026, the average yearly pay for medical device risk management in Illinois is $108,101.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,200.00 and $125,000.00 per year, depending on experience, location, and employer.

Is risk management a good career?

Risk management in the medical device industry involves identifying and mitigating potential safety and compliance issues, which is essential for product development and regulatory approval. It requires strong analytical skills, knowledge of standards like ISO 14971, and often involves collaboration with engineering and quality teams. The field offers opportunities for growth, specialization, and a stable career path due to the importance of safety in healthcare products.

What is the highest paying risk management job?

In the field of medical device risk management, senior roles such as Risk Management Directors or Chief Risk Officers typically have the highest salaries, often exceeding six figures. These positions require extensive experience, certifications like ISO 14971, and leadership skills, reflecting their strategic importance and responsibility within organizations.

How much does a risk manager get paid?

A medical device risk management professional's salary typically ranges from $70,000 to $130,000 annually, depending on experience, certifications, and location. Senior risk managers or those with specialized skills can earn higher salaries, especially in regulated environments requiring knowledge of ISO 14971 and risk assessment tools.

What are the key skills and qualifications needed to thrive in Medical Device Risk Management, and why are they important?

To thrive in Medical Device Risk Management, you need a solid background in engineering or life sciences, a thorough understanding of regulatory standards (such as ISO 14971), and experience in risk assessment processes. Familiarity with risk management software, quality management systems, and relevant regulatory databases is typically required, along with certifications like Certified Risk Manager (CRM) or RAC. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills for evaluating risks and collaborating with cross-functional teams. These competencies ensure the safety and compliance of medical devices, protecting both end-users and the company from regulatory or safety issues.

What is the difference between Medical Device Risk Management vs Medical Device Quality Assurance?

AspectMedical Device Risk ManagementMedical Device Quality Assurance
Primary FocusIdentifying, evaluating, and mitigating risks associated with medical devicesEnsuring products meet quality standards and regulatory requirements
CertificationsISO 14971, RAPS certifications often preferredISO 13485, regulatory compliance certifications
Work EnvironmentDesign and development teams, risk analysis meetingsManufacturing, inspection, and quality control departments
Industry UsageUsed throughout product lifecycle for safety managementUsed to maintain product quality and compliance

While both roles are essential in the medical device industry, Risk Management focuses on minimizing safety risks throughout the product lifecycle, whereas Quality Assurance ensures products consistently meet quality and regulatory standards. Understanding these differences helps professionals align their skills with industry needs.

What is risk management in the medical device industry?

Risk management in medical device risk management involves identifying, assessing, and controlling potential hazards associated with medical devices to ensure patient safety and regulatory compliance. Professionals in this field use tools like risk analysis and failure mode effects analysis (FMEA) and often require knowledge of standards such as ISO 14971. Effective risk management is essential throughout the device lifecycle, from design to post-market surveillance.

What is medical device risk management?

Medical device risk management is the systematic process of identifying, evaluating, and controlling risks associated with medical devices throughout their lifecycle. This process ensures that potential hazards are minimized to protect patient safety and comply with regulatory standards, such as ISO 14971. Risk management includes activities like risk assessment, implementing controls, monitoring, and documenting all steps to demonstrate compliance. It is a critical function in the design, manufacturing, and post-market phases of medical device development.

How does a Medical Device Risk Management professional typically collaborate with cross-functional teams during the product development lifecycle?

Medical Device Risk Management professionals work closely with engineering, regulatory affairs, quality assurance, and clinical teams to identify, assess, and mitigate potential risks associated with medical devices. They participate in design reviews, facilitate risk assessments such as FMEA, and ensure that risk controls are effectively implemented and documented according to regulatory standards like ISO 14971. Regular communication and collaboration are essential to align risk management activities with project timelines and compliance requirements, ensuring patient safety and product success.
What are popular job titles related to Medical Device Risk Management jobs in Illinois? For Medical Device Risk Management jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Medical Device Risk Management jobs in Illinois look for? The top searched job categories for Medical Device Risk Management jobs in Illinois are:
What cities in Illinois are hiring for Medical Device Risk Management jobs? Cities in Illinois with the most Medical Device Risk Management job openings:
Medical Device Risk Management jobs near you
Infographic showing various Medical Device Risk Management job openings in Illinois as of June 2026, with employment types broken down into 75% Full Time, and 25% Contract. Highlights an 100% In-person job distribution, with an average salary of $108,101 per year, or $52 per hour.

Risk Management Manager

Saint Mary of Nazareth Hospital

Chicago, IL • On-site

$70K - $102K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 15 days ago

Job description

Overview

Department: Risk Management

Schedule: Day shift- 100% Onsite

Facility: St. Mary of Nazareth 

Location: Chicago, IL 60622

**Great promotion opportunity**

**Great opportunity for other healthcare disciplines to transition into risk management**

Responsibilities

Responsible for designing, organizing, coordinating, and implementing the Risk Management Program with the objective of controlling and minimizing loss to protect the human, physical and fiscal assets of the organization. Is an active participant in performance improvement data collection, activities, and functions to promote an integrated program, which ensures the provision of the highest quality of health care in collaborates with personnel responsible for safety and security and actively participates in risk-related activities in this area. Provides assistance with claims investigation, management and litigation. Facilitates reporting of safety data/events. Evaluates risk management program(s) through the use of data capture, follow up and trend analysis and presents findings to appropriate committees. Assists with the development and implementation of initiatives, policies and procedures, including staff education activities, regarding risk reduction/elimination throughout the organization. Oversees grievance process. Collaborates with multidisciplinary team on problem identification and resolution, cost containment issues, implementation of new services and systems/ performance measures.

Qualifications

EDUCATION, EXPERIENCE, TRAINING

1.     Bachelor of Science in Nursing or healthcare related field preferred.

2.     Fellow or Diplomat of American Society of Healthcare Risk Managers Associate in Risk Management (ARM) or Certified Professional in Healthcare Risk Management (CPHRM), preferred.

3.     Five years clinical and/or management experience in a multidisciplinary health care setting which includes a minimum of two years of Risk Management experience in acute care setting preferred.

4.     Experience in risk management and/or professional liability claims management preferred.

5.     Should be knowledgeable about current State Laws and Regulations as applicable to facility.

Pay Transparency

Saint Mary of Nazareth Hospital offers competitive compensation and a comprehensive benefits package that provides employees the flexibility to tailor benefits according to their individual needs. Our Total Rewards package includes, but is not limited to, paid time off, a 401K retirement plan, medical, dental, and vision coverage, tuition reimbursement, and many more voluntary benefit options. A reasonable compensation estimate for this role, which includes estimated wages, benefits, and other forms of compensation, is $70,720.00 to $102,419.20 on an annualized basis. The exact starting compensation to be offered will be determined at the time of selecting an applicant for hire, in which a wide range of factors will be considered, including but not limited to, skillset, years of applicable experience, education, credentials and licensure.

The company is dedicated to empowering its staff with a comprehensive, competitive benefits package, allowing them the freedom to customize their benefits to fit their unique needs. Our abundant resources, programs, and voluntary options serve as a foundation for individual growth and well-being. Learn more here: https://www.primehealthcare.com/benefitsthatmattermost/

Employment StatusFull TimeShiftDaysEqual Employment Opportunity

Company is an equal employment opportunity employer. Company prohibits discrimination against any applicant or employee based on race, color, sex, sexual orientation, gender identity, religion, national origin, age (subject to applicable law), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws. The Company also prohibits harassment of applicants or employees based on any of these protected categories. Know Your Rights: https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf

 #LI-RT1Employment Type: FULL_TIME

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