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

iSeries Developer

Chicago, IL ยท On-site

$90K - $120K/yr

Ability to work collaboratively in a team environment and communicate effectively with stakeholders and IT team Preferred Risk Insurance Services provides a competitive benefits package to all ...

iSeries Developer

Chicago, IL ยท On-site

$90K - $120K/yr

... teamPreferred Risk Insurance Services provides a competitive benefits package to all full- time employees. Following are some of the perks Preferred Risk employees receive:Competitive ...

Director of Risk Management

Chicago, IL ยท On-site

$150 - $175/hr

Preferred: Risk Management, Insurance, Finance, Construction Management, or related field. * Required: CRIS designation (or equivalent risk/insurance credential). Preferred: ARM, CPCU, or similar ...

Director of Risk Management

Chicago, IL ยท On-site

$150K - $175K/yr

Preferred: Risk Management, Insurance, Finance, Construction Management, or related field. * Required: CRIS designation (or equivalent risk/insurance credential). Preferred: ARM, CPCU, or similar ...

Preferred: Risk Management, Insurance, Finance, Construction Management, or related field. * Required: CRIS designation (or equivalent risk/insurance credential). Preferred: ARM, CPCU, or similar ...

Director of Risk Management

Chicago, IL ยท On-site

$150K - $175K/yr

Preferred: Risk Management, Insurance, Finance, Construction Management, or related field. * Required: CRIS designation (or equivalent risk/insurance credential). Preferred: ARM, CPCU, or similar ...

Director of Risk Management

Chicago, IL ยท On-site

$150 - $175/hr

Preferred: Risk Management, Insurance, Finance, Construction Management, or related field. * Required: CRIS designation (or equivalent risk/insurance credential). Preferred: ARM, CPCU, or similar ...

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Preferred Risk Insurance information

See Cicero, IL salary details

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$74

How much do preferred risk insurance jobs pay per hour?

As of Aug 24, 2026, the average hourly pay for preferred risk insurance in Cicero, IL is $30.49, according to ZipRecruiter salary data. Most workers in this role earn between $19.57 and $38.89 per hour, depending on experience, location, and employer.

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 are the key skills and qualifications needed to thrive as a preferred risk insurance underwriter?

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 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 are popular job titles related to Preferred Risk Insurance jobs in Cicero, IL?

For Preferred Risk Insurance jobs in Cicero, IL, the most frequently searched job titles are:

What cities near Cicero, IL are hiring for Preferred Risk Insurance jobs?

Cities near Cicero, IL with the most Preferred Risk Insurance job openings:

iSeries Developer

Preferred Risk Insurance

Chicago, IL โ€ข On-site

$90K - $120K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 2 days ago


Job description

We are seeking the ideal candidate for our iSeries Developer opening for our growing insurance company.
This position will perform development, analysis, and maintenance activities on several key corporate applications. The ideal candidate will be an experienced RPG developer to help evolve and upgrade critical applications on our iSeries (AS/400) platform. This is a great opportunity for someone who enjoys working with stable systems while driving modernization initiatives with SQL, API and web service integrations, Visual Studio Code, and AI assisted development.
This candidate must be motivated and a self-starter who is able to work independently as well as within a team.
DUTIES & RESPONSIBILITIES:
  • Enhance and support core business applications in RPG IV/ILE and Free form
  • Collaborate with cross-functional teams to gather and analyze requirements, creating functional specifications for applications
  • Conduct code reviews, perform unit testing, and coordinate with IT team members on development and QA tasks
  • Create technical design documentation for assigned projects
  • Implement and maintain development standards and deployment processes and procedures
  • Contribute to modernization efforts using SQL, APIs/web services, and AI (i.e., ChatGPT, Claude)
  • Assist with IT Help Desk tickets for production issues with business users and IT team as needed for timely resolution
  • Troubleshoot and resolve issues in existing applications to ensure optimal performance and reliability

QUALIFICATIONS REQUIRED:
  • Proven experience in full lifecycle delivery of complex systems, including requirements gathering, design, build, test, and deployment
  • Strong knowledge of relevant development environments, protocols, and programming languages associated with the iSeries, including RPG IV/ILE and RPG Free, SQL including imbedded SQL in RPG, CL
  • Experience with Visual Studio Code with IBM i related extensions a plus.
  • Understanding of Property and Casualty (P&C) insurance principles and practices
  • Bachelor's degree in computer science or a related field preferred
  • Excellent problem-solving skills and attention to detail
  • Ability to work collaboratively in a team environment and communicate effectively with stakeholders and IT team

Preferred Risk Insurance Services provides a competitive benefits package to all full- time employees. Following are some of the perks Preferred Risk employees receive:
  • Competitive Salaries
  • Commitment to your Training & Development
  • Medical and Dental and Vision Reimbursement
  • Short Term Disability/Long Term Disability
  • Life Insurance
  • Flexible Spending Account
  • Telemedicine Benefit
  • 401k with a generous company match
  • Paid Time Off and Paid Holidays
  • Tuition Reimbursement
  • Wellness Program
  • Fun company sponsored events
  • And so much more!

Estimated Compensation Range: $90,000/year-$120,000/year*
*Published ranges are estimates. Offered compensation will be based on experience, skills, education, certifications, and geographic location. In addition, starting salary may vary by position depending on whether the position is in-office, hybrid or remote.