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Risk Management Insurance Jobs in Normal, IL (NOW HIRING)

Kirby Risk

Distribution Trainee - IL

Bloomington, IL · On-site

$48K/yr

Operations Management Trainee Kirby Risk is seeking r ecent college graduates for operations ... Life insurance & Employee Assistance Programs * Tuition reimbursement & on-the-job training ...

Kirby Risk

Driver - Bloomington, IL

Bloomington, IL · On-site

$19 - $20/hr

At Kirby Risk Electrical Supply, our Service Delivery Drivers are the face of our company-ensuring ... Strong attention to detail and time management. * Ability to lift up to 50 lbs. and work in an ...

Illinois State University

Office Manager

Normal, IL · On-site

$19.73 - $20.38/hr

There are two majors, Finance and Risk Management and Insurance, and two minors, Financial Planning and Risk Management and Insurance. University Benefit Highlights: - Insurance benefits, including ...

Illinois State University

Office Manager

Normal, IL · On-site

$19.73 - $20.38/hr

There are two majors, Finance and Risk Management and Insurance, and two minors, Financial Planning and Risk Management and Insurance. University Benefit Highlights: - Insurance benefits, including ...

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Risk Management Insurance information

See Normal, IL salary details

$80.7K

$118.8K

$181.8K

How much do risk management insurance jobs pay per year?

As of Jun 5, 2026, the average yearly pay for risk management insurance in Normal, IL is $118,791.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,700.00 and $134,900.00 per year, depending on experience, location, and employer.

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

To thrive in Risk Management Insurance, you need a solid understanding of risk assessment, insurance products, and regulatory compliance, often supported by a degree in finance, business, or a related field. Familiarity with risk analysis software, claims management systems, and certifications like ARM (Associate in Risk Management) are commonly required. Strong analytical thinking, attention to detail, and effective communication distinguish top performers in this role. These skills ensure accurate risk evaluation, regulatory adherence, and the ability to communicate complex concepts to clients and stakeholders.

How does a Risk Management Insurance professional typically interact with other departments within an organization?

Risk Management Insurance professionals frequently collaborate with departments such as finance, legal, operations, and human resources to identify, assess, and mitigate potential risks. They often lead risk assessment workshops, coordinate with department heads to gather data, and work closely with legal teams to ensure compliance with regulations and insurance requirements. Building strong cross-functional relationships is essential, as successful risk management relies on the cooperation and communication of multiple teams throughout the organization.

What is risk management insurance?

Risk management insurance is a field that focuses on identifying, assessing, and mitigating the potential risks that organizations or individuals face. Professionals in this area help design insurance programs and strategies to protect against financial loss from unforeseen events, such as accidents, natural disasters, or lawsuits. Their work involves analyzing potential hazards, recommending appropriate coverage, and ensuring compliance with regulations. Effective risk management helps organizations minimize losses and maintain financial stability.

Is insurance risk management a good career?

Risk management insurance is a viable career that involves identifying and analyzing potential risks to minimize financial losses for organizations. It requires strong analytical skills, knowledge of insurance policies, and often professional certifications such as the Certified Risk Manager (CRM). The field offers opportunities for advancement and stability in various industries.

What is the difference between Risk Management Insurance vs Insurance Underwriter?

AspectRisk Management InsuranceInsurance Underwriter
CredentialsCertifications like CPCU, ARMCertifications like CPCU, ARe
Work EnvironmentCorporate risk departments, consulting firmsInsurance companies, underwriting departments
Industry UsageRisk mitigation, policy developmentPolicy evaluation, risk assessment

Risk Management Insurance professionals focus on identifying and mitigating risks for organizations, often working in corporate or consulting settings. Insurance Underwriters evaluate insurance applications and determine policy terms within insurance companies. While both roles require similar certifications and operate within the insurance industry, risk managers concentrate on broader risk strategies, whereas underwriters focus on assessing individual risks for policy issuance.

What cities near Normal, IL are hiring for Risk Management Insurance jobs? Cities near Normal, IL with the most Risk Management Insurance job openings:
Risk Management Insurance jobs near you
Infographic showing various Risk Management Insurance job openings in Normal, IL as of May 2026, with employment types broken down into 1% Internship, 2% As Needed, 60% Full Time, 14% Part Time, 22% Contract, and 1% Nights. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $118,791 per year, or $57.1 per hour.
Manager - Corporate Insurance

Manager - Corporate Insurance

State Farm

Bloomington, IL • On-site

Full-time

Medical, Dental, Vision, Retirement

Posted 14 days ago

State Farm rating

7.5

Company rating: 7.5 out of 10

Based on 1,360 frontline employees who took The Breakroom Quiz

193rd of 260 rated insurance

Job description

Overview
State Farm is looking to expand its Corporate Insurance & Risk Management team. As manager for State Farm's Corporate Insurance team, you will be responsible for oversight of the team responsible for corporate insurance programs. This will include directing the purchase of corporate insurance programs and management of program outcomes. Successful outcomes will be enabled through strong relationships with third party service providers, brokers, insurers.
Additionally, you will collaborate with internal risk owners and stakeholders across the organization to assess and mitigate potential risks. Domestic travel will be required to meet with internal and external business partners, including travel to attend industry conferences and events. When not traveling, this person will work a hybrid schedule from one of State Farm's offices in Bloomington, Atlanta, Dallas, or Phoenix.
Being good neighbors - helping people, investing in our communities, and making the world a better place - is who we are at State Farm. It is at the core of how we operate and the reason for our success. Come join a #1 team and do some good!
Responsibilities
  • Leading a high-performing corporate insurance and risk management team, in partnership with the Enterprise Risk Management department
  • Building strong relationships with brokers, insurers, and TPAs, as well as maintaining relationships with industry organizations and societies
  • Overseeing risk identification and formulation of strategic plans to mitigate risk
  • Utilizes risk management knowledge in problem solving for enterprise business partners
  • Support incident/event review (e.g., root cause themes) and ensure learnings are reflected in insurance solutions
  • Accountability for decisions which impact the enterprise insurance portfolio
  • Negotiation of the purchase of risk transfer solutions for the enterprise in partnership with brokers
  • Overseeing risk identification and formulation of strategic plans, utilizing risk management knowledge in problem solving
  • Advising upper leadership levels on risk management issues for the enterprise
  • Supervision of the corporate insurance team, including employee selection, training, career development, and the administration of performance evaluations and rewards
  • Continual monitoring of global developments in insurance and risk management

Qualifications
  • 3+ years of P&C / Casualty insurance leadership experience
  • Risk management experience preferably within insurance and financial institutions
  • Strong financial acumen, including understanding of TCOR, loss reserves, and operational risks
  • Ability to strategically influence stakeholders by challenging assumptions and influencing internal and external business partners to ensure decisions appropriately balance risk and growth.
  • Effective communication to present risk information clearly, concisely, and with appropriate context, building credibility through transparency and consistency
  • Strong decision making which demonstrates independence of thought while aligning with organizational priorities
  • Professional certifications such as CPCU, ARM, RIMS-CRMP, or ACI preferred
  • Bachelor's degree or higher (Risk Management, Finance, Business, or related field preferred)

Our Benefits
Because work-life balance is a priority at State Farm, compensation is based on our standard 38-hr. 45-min. work week!
  • Potential starting salary range: $137,000 - $155,000
    • Starting salary will be based on skills, background, and experience
    • High end of the range limited to applicants with significant relevant experience
  • Potential yearly incentive pay up to 24% of base salary

At State Farm, we offer more than just a paycheck. Check out our suite of benefits designed to give you the flexibility you need to take care of you and your family!
  • Get Paid! On top of our competitive pay, you are eligible for an annual raise and bonus.
  • Stay Well! Focus on you and your family's health with our robust health and wellbeing programs. State Farm pays most of your healthcare premium, and we offer multiple healthcare plan options, including a high deductible plan. All medical plans provide 100% coverage for in-network preventative care, AND you and your family have access to vision, dental, telemedicine, 24/7 mental health professionals, and much more!
  • Develop and Grow! Take advantage of educational benefits like industry leading training programs, top-notch tuition assistance programs, employee resource groups, and mentoring.
  • Plan Ahead! Plan for those big moments in life with benefits like fertility/IVF/adoption assistance, college coaching, national discount programs, interactive monthly financial workshops, free financial coaching, and more. You can also start a savings account or consider financing through our State Farm Federal Credit Union!
  • Take a Little "You" Time! You will have access to our generous time off policies designed so you can plan around holidays, family events, volunteering, or just to take a relaxing day off. With the opportunity to initially earn up to 20 days annually plus parental leave, paid holidays, celebration day, life leave (40 hours/year), bereavement leave, and community service/education support days, there will be plenty of time for you!
  • Give Back! We offer several ways to give back through our Matching Gift Program, Good Neighbor Grant Program, and the Employee Assistance Fund.
  • Finish Strong! Plan for retirement using free financial advisors and a 401(k) plan with company contributions of up to 7% of your salary.

Visit our State Farm Careers page for more information on our benefits, locations, and the hiring process of joining the State Farm team!

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