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Medical Malpractice Risk Management Jobs in Chicago, IL

... medical devices, cosmetics, and OTC drugs. Responsible for managing an automated risk-based trending system that will help the organization foresee risks as well as objectively proving that risk ...

Director of Risk Management

Chicago, IL ยท On-site

$97.43 - $116.42/hr

The Risk Director will lead incident investigations, manage compliance with regulations, and ... Medical, Dental, and Vision Insurance coverage * Health Savings Account (HSA) and Flexible Spending ...

Director of Risk Management

Chicago, IL ยท On-site

$97K - $116K/yr

The Risk Director will lead incident investigations, manage compliance with regulations, and ... Medical, Dental, and Vision Insurance coverage * Health Savings Account (HSA) and Flexible Spending ...

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 ...

The Risk Management Programs are designed to comply with guidelines and standards of the Joint ... Excellent Medical, Dental, Vision and Prescription Drug Plans * 401(K) with company match and ...

Risk Manager

Chicago, IL ยท On-site

$100K - $150K/yr

The position reports to the Director of Risk Management. This is a tremendous opportunity for ... medical, dental and vision insurance, various types of leaves of absence, paid time off, including ...

Risk Manager

Chicago, IL ยท On-site

$100K - $150K/yr

The position reports to the Director of Risk Management. This is a tremendous opportunity for ... medical, dental and vision insurance, various types of leaves of absence, paid time off, including ...

Risk Manager

Chicago, IL ยท Hybrid

$100K - $150K/yr

The position reports to the Director of Risk Management. This is a tremendous opportunity for ... medical, dental and vision insurance, various types of leaves of absence, paid time off, including ...

Showing results 21-40

Medical Malpractice Risk Management information

See Chicago, IL salary details

$53.1K

$114.9K

$175.1K

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

As of Aug 12, 2026, the average yearly pay for medical malpractice risk management in Chicago, IL is $114,919.00, according to ZipRecruiter salary data. Most workers in this role earn between $92,700.00 and $132,900.00 per year, depending on experience, location, and employer.

What is medical malpractice risk management?

Medical malpractice risk management refers to the strategies and processes healthcare organizations and professionals use to identify, assess, and minimize the risks of legal claims due to medical errors or negligence. It involves implementing policies, staff training, monitoring procedures, and fostering a culture of safety to reduce the likelihood of patient harm. Effective risk management not only helps protect patients but also reduces liability and improves the quality of care provided by healthcare institutions.

What is the difference between Medical Malpractice Risk Management vs Medical Compliance Specialist?

AspectMedical Malpractice Risk ManagementMedical Compliance Specialist
CredentialsCertifications like RIMS, CPCU, or healthcare risk management credentialsCertifications such as CHC, CCEP, or healthcare compliance certifications
Work EnvironmentHospitals, clinics, insurance companies, healthcare organizationsHealthcare facilities, regulatory agencies, healthcare consulting firms
Primary FocusIdentifying and reducing malpractice risks, incident investigationsEnsuring adherence to healthcare laws, policies, and regulations
Common TasksRisk assessments, staff training, incident analysisPolicy development, compliance audits, staff education

While both roles focus on healthcare quality and safety, Medical Malpractice Risk Management primarily concentrates on minimizing malpractice risks and handling incident investigations. In contrast, Medical Compliance Specialists ensure healthcare providers follow legal and regulatory standards. Both roles require healthcare knowledge and certifications but serve different aspects of healthcare risk and compliance management.

How does a medical malpractice risk manager typically collaborate with clinical staff to reduce liability risks?

A Medical Malpractice Risk Manager works closely with physicians, nurses, and administrative teams to identify potential areas of liability and implement preventative strategies. This often involves reviewing incident reports, conducting root cause analyses of adverse events, and providing regular training sessions on best practices. Collaboration is key, as risk managers facilitate open communication and foster a culture of safety, ensuring all staff understand and follow protocols designed to minimize errors and protect both patients and the organization.

Do medical malpractice risk management professionals make good money?

Medical malpractice risk management professionals typically earn competitive salaries that vary based on experience, location, and employer size. They often hold certifications such as the Certified Professional in Healthcare Risk Management (CPHRM) and work in healthcare settings, with salaries generally reflecting the specialized nature of their role and industry standards.

What are the key skills and qualifications needed to thrive in medical malpractice risk management, and why are they important?

To excel in Medical Malpractice Risk Management, you need a solid understanding of healthcare regulations, risk assessment, and legal principles, often supported by a degree in healthcare administration, law, or nursing. Familiarity with risk management software, incident reporting systems, and industry certifications such as Certified Professional in Healthcare Risk Management (CPHRM) is highly beneficial. Exceptional analytical thinking, attention to detail, and strong interpersonal communication skills help professionals identify risks and collaborate with clinical staff. These competencies are essential for minimizing legal exposure, improving patient safety, and protecting healthcare organizations from costly claims.

Is healthcare risk management a good career?

Healthcare risk management is a growing field that involves identifying and reducing risks to improve patient safety and legal compliance. It requires strong analytical skills, knowledge of healthcare regulations, and often certification such as the Certified Professional in Healthcare Risk Management (CPHRM). The role offers stability and opportunities for advancement in healthcare organizations.
What are popular job titles related to Medical Malpractice Risk Management jobs in Chicago, IL? For Medical Malpractice Risk Management jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Medical Malpractice Risk Management jobs in Chicago, IL look for? The top searched job categories for Medical Malpractice Risk Management jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Medical Malpractice Risk Management jobs? Cities near Chicago, IL with the most Medical Malpractice Risk Management job openings:

Director of Risk Management

The Inland Real Estate Group of Companies

Oak Brook, IL โ€ข On-site

$146 - $189/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 6 days ago


Job description

Posted Tuesday, August 4, 2026 at 6:00 AM

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

  • 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

Annual Base Salary Range: $145,567-$189,237. This position is eligible to participate in the companyโ€™s annual discretionary bonus program.

Inland offers a competitive range of benefitsfor eligible Full-time employees:

  • Medical/Dental/Vision insurance (PPO)
  • Participation in the company 401(k) plan with a company match
  • Vacation Time, Nine Paid Holidays, Three floating holidays per year
  • Sick time
  • Company-paid life insurance equaling your annual base salary
  • Company-paid short-term and long-term disability

This position is eligible as an internal promotion opportunity.

As part of our commitment to an efficient and consistent hiring experience, The Inland Real Estate Group, LLC and its affiliated companies ("Inland") may utilize artificial intelligence ("AI") or automated technologies to assist in certain aspects of the recruitment and hiring process, including resume review and candidate screening. AI-enabled tools are used to support hiring decisions and are not used as the sole basis for employment decisions. All employment decisions are reviewed and made by qualified Inland professionals.

We are a drug-free workplace. Pre-employment background checks and drug screening are conducted for all new hires in accordance with applicable laws and regulations.

Inland is committed to equal employment opportunity and considers applicants for all positions without regard to race, color,

religion, sex, national origin, age, sexual orientation, familial status, marital status, veteran status, disability, or any other status protected by applicable law. We do not use AI or any selection tools in a manner that results in unlawful discrimination based on any protected characteristic.

If you require a reasonable accommodation or an alternative method of assessment during any stage of the recruiting process, please contact our Talent Acquisition team at recruiting@inlandgroup.com.

Where required by applicable law, Inland will provide additional disclosures and obtain any necessary consent before using certain AI-enabled technologies. Candidates may request additional information regarding Inlandโ€™s use of AI in the hiring process at any time.

We are an E-Verify employer.

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