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Medical Device Risk Management Jobs in Illinois (NOW HIRING)

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 ... medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or ...

R&D Quality Engineer II

Barrington, IL ยท On-site

$85K - $105K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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

Manager, PI and Risk Management

Kankakee, IL ยท On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Evaluates risk management program(s) through the use of data capture, follow up and trend analysis ... Experience with Medical Staff communication. 7. Coordination of internal departments and external ...

Design Verification Engineer

Chicago, IL ยท On-site

$45 - $55/hr

  • Medical

  • Dental

  • Retirement

  • PTO

This individual will serve as a technical expert in device testing, design inputs, risk analyses ... complex medical devices is a plus. * Knowledge of risk management and failure analysis ...

The headquarters and Innovation Center for early device design and development are located in ... complex medical devices. * Knowledge of risk management and failure analysis methodologies.

The headquarters and Innovation Center for early device design and development are located in ... complex medical devices. * Knowledge of risk management and failure analysis methodologies.

Showing results 41-60

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 Aug 14, 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.

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 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:

Infographic showing various Medical Device Risk Management job openings in Illinois as of August 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.

Director of Risk Management

Socket.dev

Chicago, IL โ€ข On-site

$150 - $175/hr

Other

Posted 7 days ago


Job description

ABOUT POWER:
Power Construction is consistently regarded as one of Chicago's largest and most respected General Contractors according to Crain's Chicago. But beyond that, you can find us on the golf course, brewing beer, attending neighborhood festivals, giving back to the community, and spending time together during a range of company-sponsored events. Our culture is one of the reasons weโ€™ve been selected by our employees as a top workplace year after year and itโ€™s reflected in our current 91% employee retention rate.


We are builders. We crave being in the field and share an appetite for innovation. We believe that bringing diverse perspectives together helps foster stronger outcomes. We are driven to wow our clients and business partners, improve our processes, hire the right people, and help them grow.

POSITION SUMMARY

The Director of Risk Management is responsible for the strategic oversight and execution of the Companyโ€™s insurance, claims, and risk management programs. This position provides enterprise-level leadership across construction operations, contractual risk transfer, insurance placement, claims management, and controlled insurance programs (CCIP/OCIP/SDI). The Director serves as a trusted advisor to executive leadership, operations, and project teams, ensuring the Companyโ€™s risk profile is proactively managed, financially optimized, and aligned with long-term business objectives. The Director owns program design, renewals, and claims management while partnering with Operations, Safety, Legal, Finance, outside counsels and brokers to drive consistent risk decisions across the business.

POSITION REQUIREMENTS
  • Required: Bachelorโ€™s degree. Preferred: Risk Management, Insurance, Finance, Construction Management, or related field.
  • Required: CRIS designation (or equivalent risk/insurance credential). Preferred: ARM, CPCU, or similar advanced designation.
  • Required: 10+ years progressive construction risk/insurance experience with direct ownership of insurance placement/renewals, claims governance, contractual risk transfer, and controlled insurance programs (CCIP/OCIP).
  • Proven people leadership and executive-level communication, that drives strategic alignment and collaboration among diverse internal stakeholders (Operations, Safety, Legal, Finance) and major external partners.
KEY COMPETENCIES
  • Translates complex loss trends, premium data, and operational metrics into actionable executive recommendations and high-impact risk management directives.
  • Directs the end-to-end placement and claims lifecycle for all primary lines (WC/GL/Auto/Professional), utilizing specialized construction sector knowledge to protect corporate assets.
  • Conveys complex risk and insurance concepts through concise, executive-level messaging that facilitates fast, informed decision-making.
  • Builds partnership across the organization to execute process improvements and secure cross-functional alignment.
  • Exercises the ability to influence and negotiate effectively with brokers, carriers, and internal partners to reach equitable outcomes.
  • Drafts key contract clauses to balance risk, secure necessary insurance, and limit legal exposure.
COMPENSATION DETAILS

Salary Range: $150,000 - $175,000

Compensation for this role includes a base salary plus an annual discretionary bonus. Details on our benefits can be found on the Benefits tab within the Careers section of the website.

Power Construction is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law. Power Construction is committed to increasing opportunities for historically disadvantaged workers (including women and members of disproportionately affected racial and ethnic groups), as well as residents of marginalized communities.
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