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Risk Manager Jobs in Normal, IL (NOW HIRING)

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 ...

Eaton

Program Manager

Lincoln, IL · On-site

$97K - $143K/yr

The Program Manager manages the project planning, execution, requirements changes, risk mitigation, and issue tracking. This will include the use of the PROLaunch process, Design and Process Failure ...

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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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 ...

New

Corvel

Medical Case Manager II

Bloomington, IL · On-site

$66.94K - $101.26K/yr

CorVel Careers | Opportunities in Risk Management In general, our opportunities will be posted for up to 1 year from date of posting, or until we have selected candidate(s) to fulfill the opening ...

Corvel

Medical Case Manager II

Bloomington, IL

$66.94K - $101.26K/yr

CorVel Careers | Opportunities in Risk Management In general, our opportunities will be posted for up to 1 year from date of posting, or until we have selected candidate(s) to fulfill the opening ...

Busey Bank

Treasury Management Executive

Bloomington, IL · On-site

$65K - $85K/yr

Manage and actively cross-sell into an existing portfolio of Treasury Management clients to drive ... reduce risk of fraud. * Assist internal Associates with negotiating contract terms with client.

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Busey

Treasury Management Executive

Bloomington, IL

$65K - $85K/yr

Manage and actively cross-sell into an existing portfolio of Treasury Management clients to drive ... reduce risk of fraud. * Assist internal Associates with negotiating contract terms with client.

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Risk Manager information

See Normal, IL salary details

$50.4K

$109.1K

$166.2K

How much do risk manager jobs pay per year?

As of May 29, 2026, the average yearly pay for risk manager in Normal, IL is $109,064.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,000.00 and $126,100.00 per year, depending on experience, location, and employer.

What Is a Risk Manager?

A risk manager is responsible for the strategic planning and financial forecasting for clients. They assess and identify risks that may detrimentally affect the safety, finances, or reputation of their employer. Risk managers monitor the market, research trends, and analyze statistics to create detailed recommendations on whether or not to move forward with an idea or product. Worldwide price changes and currency values also play a role in the risk manager’s evaluation.

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

To thrive as a Risk Manager, you need expertise in risk assessment, analytical thinking, and a relevant degree such as in finance, business, or risk management, often supported by certifications like CRM or FRM. Familiarity with risk management software, data analysis tools, and compliance systems is typically required. Strong communication, problem-solving skills, and attention to detail help Risk Managers effectively collaborate with stakeholders and navigate complex scenarios. These competencies are crucial for identifying, evaluating, and mitigating organizational risks to safeguard assets and ensure regulatory compliance.

How does a Risk Manager typically collaborate with other departments to identify and mitigate risks?

Risk Managers frequently work cross-functionally with departments such as finance, operations, legal, and IT to identify potential risks and develop mitigation strategies. Regular meetings, risk assessment workshops, and communication channels are established to ensure that all relevant parties are aware of emerging risks and compliance requirements. This collaborative approach helps foster a risk-aware culture across the organization and ensures that risk mitigation plans are practical and aligned with business objectives.

What does a Risk Manager do?

A Risk Manager is responsible for identifying, assessing, and prioritizing risks that could impact an organization's financial performance, reputation, or operations. They develop strategies and policies to minimize potential losses and ensure compliance with relevant regulations. Risk Managers work across various departments to implement risk mitigation plans and regularly review their effectiveness. Their goal is to help the organization avoid or manage threats while maximizing opportunities.

What is the difference between Risk Manager vs Risk Analyst?

AspectRisk Manager

Required CredentialsTypically requires a bachelor’s degree in finance, business, or related field; certifications like CRM or FRM are common.
Work EnvironmentLeads risk assessment strategies, collaborates with senior management, and oversees risk mitigation efforts.
Employer & Industry UsageEmployed across finance, insurance, and corporate sectors to manage organizational risk.

Risk Managers focus on developing and implementing risk management strategies, overseeing risk policies, and making high-level decisions. In contrast, Risk Analysts primarily analyze data to identify potential risks and support Risk Managers in decision-making. Both roles require similar credentials but differ in scope and responsibility within organizations.

More about Risk Manager jobs
What job categories do people searching Risk Manager jobs in Normal, IL look for? The top searched job categories for Risk Manager jobs in Normal, IL are:
What cities near Normal, IL are hiring for Risk Manager jobs? Cities near Normal, IL with the most Risk Manager job openings:
Risk Manager jobs near you
Infographic showing various Risk Manager job openings in Normal, IL as of May 2026, with employment types broken down into 80% Full Time, and 20% Part Time. Highlights an 100% In-person job distribution, with an average salary of $109,064 per year, or $52.4 per hour.
Manager - Corporate Insurance

Manager - Corporate Insurance

State Farm

Bloomington, IL • On-site

Full-time

Medical, Dental, Vision, Retirement

Posted 7 days ago

State Farm rating

7.5

Company rating: 7.5 out of 10

Based on 1,357 frontline employees who took The Breakroom Quiz

194th of 259 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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