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Preferred Risk Insurance Jobs in Illinois (NOW HIRING)

Risk Manager

Chicago, IL ยท Hybrid

$100K - $150K/yr

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 ...

Risk Manager

Chicago, IL ยท On-site

$100K - $150K/yr

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 ...

Risk Manager

Chicago, IL ยท Hybrid

$100K - $150K/yr

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 ...

Risk Manager

Berwyn, IL ยท On-site

$78K - $121K/yr

Input and monitor data in multiple Trinity insurance databases. * Participate in Trinity ... Other: CPHRM certificate is preferred. Employee will be expected to take the CPHRM exam upon ...

Compliance, Risk & Insurance Management (25%) * Oversee audits, IRS filings, and compliance with ... Bachelor's degree in Accounting, Finance, or related field (CPA, CFA, or MBA preferred). * 7-10 ...

... preferred. * Experience with risk management frameworks and tools is a plus. OUR BENEFITS As a ... Health insurance * Dental insurance * Tuition reimbursement * A company-match 401(k) plan

Director, Risk Management

Chicago, IL ยท Hybrid

$150K - $170K/yr

Professional certifications preferred (e.g., ARM, CPCU, CRM). * 8+ years of relevant experience in a corporate risk environment overseeing enterprise insurance programs and working directly with ...

Director of Finance

Evanston, IL ยท On-site

$100K - $110K/yr

Compliance, Risk & Insurance Management (25%) * Oversee audits, IRS filings, and compliance with ... Bachelor's degree in Accounting, Finance, or related field (CPA, CFA, or MBA preferred). * 7-10 ...

Director, Risk Management

Chicago, IL ยท Hybrid

$150K - $170K/yr

Professional certifications preferred (e.g., ARM, CPCU, CRM). * 8+ years of relevant experience in a corporate risk environment overseeing enterprise insurance programs and working directly with ...

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Showing results 1-20

Preferred Risk Insurance information

What are the key skills and qualifications needed to thrive as a Preferred Risk Insurance Underwriter, and why are they important?

To thrive as a Preferred Risk Insurance Underwriter, you need a solid understanding of risk assessment, insurance policies, and underwriting principles, typically supported by a bachelor's degree in finance, business, or a related field. Familiarity with underwriting software, industry databases, and insurance regulations is crucial, and professional certifications like CPCU or AU are often preferred. Strong analytical thinking, attention to detail, and effective communication are vital soft skills for evaluating applications and collaborating with agents or clients. These skills ensure accurate risk evaluation, profitable decision-making, and regulatory compliance within the insurance industry.

What are some common challenges faced by professionals working in Preferred Risk Insurance, and how can they effectively address them?

Professionals in Preferred Risk Insurance often face the challenge of accurately assessing and underwriting applicants who fall within favorable risk categories, while ensuring compliance with regulatory standards. Balancing competitive pricing with profitability is another key challenge, as is staying updated on evolving risk factors and industry trends. To address these issues, it's important to maintain strong analytical skills, foster clear communication with underwriting and sales teams, and regularly participate in training sessions or industry seminars. Collaboration with actuaries and claims specialists is also essential to ensure consistent risk evaluation and policy management.

What is Preferred Risk Insurance?

Preferred Risk Insurance refers to insurance policies offered to individuals or businesses that are considered low risk by insurance companies. These policyholders typically have a favorable claims history, good credit, and other positive risk factors, which can result in lower premiums and better coverage options. Preferred risk categories exist in various types of insurance, including auto, home, and life insurance, and are used by insurers to reward responsible customers. Being classified as a preferred risk can help you save money and access more comprehensive insurance products.

What is the difference between Preferred Risk Insurance vs Commercial Insurance Agent?

AspectPreferred Risk InsuranceCommercial Insurance Agent
CredentialsLicenses required, often with specific state certificationsSame licenses, may require additional certifications for commercial policies
Work EnvironmentPrimarily office-based, handling personal insurance policiesOffice and client meetings, handling business and commercial policies
Industry UsageUsed by insurance companies to classify low-risk clientsUsed by agents to sell various insurance products, including commercial policies

Preferred Risk Insurance typically refers to clients or policies with lower risk profiles, often handled by agents specializing in personal insurance. Commercial Insurance Agents focus on selling policies for businesses, which usually involve higher risks. While both roles require licensing and industry knowledge, Preferred Risk Insurance emphasizes low-risk personal policies, whereas Commercial Insurance Agents deal with business-related coverage.

What cities in Illinois are hiring for Preferred Risk Insurance jobs? Cities in Illinois with the most Preferred Risk Insurance job openings:
Cyber Risk Consultant

Cyber Risk Consultant

Diversified Services Network, Inc.

Peoria, IL โ€ข On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 3 days ago


Job description

Diversified Services Network, Inc. (DSN) is seeking a full-time Cyber Risk Consultant to join our team in three potential locations: Peoria (IL), Irving (TX), or Nashville (TN)! We offer full benefits, PTO, 401k, and more! If you're looking to grow your technical career within an extremely reputable, stable Fortune 500 company - let's talk!

Our Cyber Risk Management team is seeking a resource to support the execution and maturation of the enterprise cyber risk program. This role focuses on risk acceptance facilitation, executive communication, qualitative risk analysis, and risk register lifecycle management. This role would also have an opportunity to help design and provide input to the direction of the cyber risk program through several process improvement workstreams occurring throughout 2026. The ideal candidate provides an external perspective and contributes to both execution and process improvement.

JOB RESPONSIBILITIES:

  • Facilitate risk acceptance and awareness discussions with senior leadership; translate technical risks into business terms.
  • Develop executive-ready presentations and proactively anticipate leadership questions and data needs.
  • Maintain and track the cyber risk register, including follow-up on remediation actions and acceptance decisions.
  • Perform qualitative risk analysis (likelihood and impact) using scenario-based models.
  • Evaluate control effectiveness and compensating controls; provide risk-based recommendations.
  • Support and contribute to the design and improvement of the cyber risk management program and associated processes.

Requirements

EDUCATION & EXPERIENCE REQUIRED:

  • Bachelorโ€™s degree AND 5+ years of experience; OR no degree AND 7+ years of experience
  • Years of experience: 5+ years in cyber risk, IT risk, or information security risk (consulting or Big 4 experience preferred)
  • Degree requirement: Bachelorโ€™s degree highly preferred (not required with 7+ YOE)

REQUIRED SKILLS:

  • 5+ years in cyber risk, IT risk, or information security risk (consulting or Big 4 experience preferred).
  • Strong communication and presentation skills with ability to engage senior leadership.
  • Ability to translate technical concepts into business risk language.
  • Experience managing risk registers and tracking remediation activities.
  • Technical understanding of systems, controls, and risk scenarios.
  • Proactive, organized, and able to anticipate stakeholder needs.
  • Experience contributing to risk program design or process improvement

DESIRED SKILLS:

  • Experience with qualitative risk analysis methodologies in cybersecurity or IT environments.
  • Prior experience with FAIR (Factor Analysis of Information Risk).
  • Familiarity with ISO 27001, NIST, or similar frameworks.
  • Experience with ServiceNow IRM or similar GRC platforms.
  • Relevant certifications (CISSP, CISA, CISM, CRISC).

Benefits

  • 401(k)
  • Dental insurance
  • Vision Insurance
  • Disability insurance
  • Employee assistance program
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Paid Holidays

Please follow the link to our website for a list of job openings in Engineering, IT, Project Management, and more! https://www.dsnworldwide.com