1

Preferred Risk Insurance Jobs in Chicago, IL (NOW HIRING)

Risk Manager

Chicago, IL · 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 · 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 · 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 ...

Director of Finance

Evanston, IL · 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 ...

... 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 · 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 · 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 · 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 ...

Clinical Risk Manager

Chicago, IL · On-site

$42.54 - $65.94/hr

Identify potential insurance claims, including tracking, reporting, and coordinating resolution ... Experience with Epic and RL Solutions preferred * Strong communication skills - written and verbal.

Senior Risk Manager

Lisle, IL · On-site

$138K - $207K/yr

... preferred; insurance designations (Chartered Property/Casualty Underwriter (CPCU) and/or Associate in Risk Management (ARM) desirable • Proficient in Microsoft Word, Excel and PowerPoint • ...

... preferred candidates also have: * Experience working within (re)insurance, ILS, consulting, or ... Catastrophe Risk R&D: At SageSure, the Catastrophe Risk R&D team is redefining how the industry ...

Risk Control Consultant

Chicago, IL · On-site +1

$109K - $164K/yr

Plans and delivers safety/risk management services to insured customers and internal associates. We ... preferred * 1-5 years of insurance safety consulting or safety work in a private industry ...

next page

Showing results 1-20

Preferred Risk Insurance information

See Chicago, IL salary details

$14

$31

$76

How much do preferred risk insurance jobs pay per hour?

As of Jun 8, 2026, the average hourly pay for preferred risk insurance in Chicago, IL is $31.25, according to ZipRecruiter salary data. Most workers in this role earn between $20.05 and $39.86 per hour, depending on experience, location, and employer.

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 near Chicago, IL are hiring for Preferred Risk Insurance jobs? Cities near Chicago, IL with the most Preferred Risk Insurance job openings:
Infographic showing various Preferred Risk Insurance job openings in Chicago, IL as of May 2026, with employment types broken down into 1% Locum Tenens, 1% As Needed, 77% Full Time, 18% Part Time, and 3% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $65,002 per year, or $31.3 per hour.
Risk Manager

$100K - $150K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 7 days ago


Aon rating

8.0

Company rating: 8.0 out of 10

Based on 55 frontline employees who took The Breakroom Quiz

74th of 138 rated financial services


Job description

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.
#LI-MB1
#LI-HYBRID
2579206

What Aon employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


Aon logo

About Aon

Sourced by ZipRecruiter

Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

Industry

Business management consulting

Company size

10,000+ Employees

Headquarters location

Chicago, IL, US

Year founded

1992