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Senior Risk Engineer Jobs in Geneva, IL (NOW HIRING)

Senior Risk Engineer- Powergen

Chicago, IL

$101K - $120K/yr

Perform on-site risk engineering surveys and desktop reviews for conventional power and renewable energy risks. * Assess operational plants and construction projects, including complex and large ...

Senior Field Risk Engineer

Chicago, IL · On-site

$110K - $140K/yr

The role of a Field Risk Engineer is core to what we do at AIG, both as a risk management resource to our clients and as a leading global insurance organization. Field Risk Engineersare responsible ...

Chief Risk Officer

Chicago, IL · On-site

$150 - $200/hr

Senior risk leader with 7+ years of senior experience in risk management, ideally within ... engineering in the UK). * Work in coordination with the CISO and Compliance to ensure regulatory ...

Senior risk leader with 7+ years of senior experience in risk management, ideally within ... engineering in the UK). * Work in coordination with the CISO and Compliance to ensure regulatory ...

SageSure, a leader in catastrophe-exposed property insurance, is seeking a Senior Catastrophe Risk ... Advanced degree (Master's or PhD) in Atmospheric Science, Hydrology, Earth Science, Engineering ...

SageSure, a leader in catastrophe-exposed property insurance, is seeking a Senior Catastrophe Risk ... Advanced degree (Master's or PhD) in Atmospheric Science, Hydrology, Earth Science, Engineering ...

Risk Solutions Specialist

Chicago, IL · On-site +1

$74K - $102K/yr

Performs and/or reviews surveys with guidance from senior staff. Attends industry events and ... Provides loss control engineering expertise, to enable loss control to meet its customer and ...

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Showing results 1-20

Senior Risk Engineer information

See Geneva, IL salary details

$58.1K

$123.5K

$179.1K

How much do senior risk engineer jobs pay per year?

As of Jul 31, 2026, the average yearly pay for senior risk engineer in Geneva, IL is $123,516.00, according to ZipRecruiter salary data. Most workers in this role earn between $102,000.00 and $140,100.00 per year, depending on experience, location, and employer.

What engineers make $500,000?

Senior Risk Engineers in specialized industries such as insurance, energy, or aerospace can earn $500,000 or more annually, especially with extensive experience, advanced certifications, and leadership roles. High compensation often includes bonuses, profit sharing, or other incentives, and requires strong technical skills and industry knowledge.

How much do risk engineers make in the US?

Risk engineers in the US typically earn a median annual salary of around $80,000 to $110,000, depending on experience, industry, and location. Senior risk engineers with specialized skills and certifications can earn higher salaries, often exceeding $120,000 annually.

Is risk engineer a good career?

A risk engineer is a professional responsible for identifying, analyzing, and mitigating risks in various industries such as insurance, manufacturing, and energy. The role often requires strong analytical skills, knowledge of safety standards, and certifications like Certified Risk Manager (CRM). It can offer stable employment and opportunities for advancement, especially for those with technical expertise and experience in risk assessment tools.

What does a Senior Risk Engineer do?

A Senior Risk Engineer is responsible for identifying, assessing, and mitigating risks in engineering projects or operations, often within sectors like insurance, energy, or manufacturing. They analyze potential hazards, develop risk management strategies, and ensure compliance with regulations and industry standards. These professionals also provide recommendations to improve safety, reduce losses, and support business decision-making. Senior Risk Engineers often mentor junior staff and work closely with project managers, safety teams, and other stakeholders.

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

To thrive as a Senior Risk Engineer, you need deep expertise in risk assessment, engineering principles, and regulatory compliance, typically supported by a degree in engineering or a related field and several years of industry experience. Familiarity with risk analysis tools (such as HAZOP, FMEA), industry standards, and certifications like Professional Engineer (PE) or Certified Safety Professional (CSP) are often required. Strong analytical thinking, communication, and leadership skills help you effectively identify risks and guide teams in implementing mitigation strategies. These competencies are critical for ensuring operational safety, regulatory adherence, and minimizing potential losses in complex engineering environments.

How does a Senior Risk Engineer typically collaborate with cross-functional teams to address potential hazards in large-scale projects?

A Senior Risk Engineer often works closely with project managers, design engineers, safety specialists, and operations teams to identify, assess, and mitigate risks associated with large-scale projects. This collaboration involves leading risk assessment workshops, reviewing technical documents, and ensuring that all stakeholders understand risk mitigation strategies. Effective communication and the ability to translate complex technical risks into actionable plans are key to success in this role. Regular meetings and progress reviews help ensure that risk controls are integrated throughout all project phases.

What is the difference between Senior Risk Engineer vs Risk Analyst?

AspectSenior Risk EngineerRisk Analyst
Required CredentialsBachelor's or higher in engineering, risk management certifications (e.g., CRM)Bachelor's in finance, economics, or related field; risk management certifications often preferred
Work EnvironmentEngineering firms, industrial sites, insurance companiesFinancial institutions, insurance companies, consulting firms
Employer & Industry UsageUsed in engineering, manufacturing, energy sectorsCommon in finance, insurance, and corporate risk departments

While both roles focus on assessing and managing risks, the Senior Risk Engineer typically works in technical and industrial environments, applying engineering principles. The Risk Analyst often operates within financial or corporate settings, analyzing data to inform risk decisions. The roles share certifications and require analytical skills but differ mainly in industry focus and technical depth.

What engineers make $200,000 a year?

Senior Risk Engineers and other experienced engineering professionals in specialized fields such as petroleum, aerospace, or software engineering can earn $200,000 or more annually. High salaries often require advanced certifications, extensive experience, and expertise in risk assessment, modeling, or industry-specific tools. Compensation varies based on industry, location, and company size.
What job categories do people searching Senior Risk Engineer jobs in Geneva, IL look for? The top searched job categories for Senior Risk Engineer jobs in Geneva, IL are:
Infographic showing various Senior Risk Engineer job openings in Geneva, IL as of July 2026, with employment types broken down into 93% Full Time, 5% Part Time, and 2% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $123,516 per year, or $59.4 per hour.

Senior Risk Engineer- West Central Region

Swiss Re

Chicago, IL • On-site

Full-time

Posted 11 days ago


Job description

Are you a seasoned Property Risk Engineering professional ready to make a real impact in the commercial insurance world? Do you thrive on building meaningful client relationships, driving risk improvement, and working at the intersection of technical expertise and business strategy? If so, Swiss Re Corporate Solutions wants to hear from you. We're on a mission to become the leading service provider in the commercial insurance industry - and we need sharp, driven, and collaborative minds to help us get there.
About the Role
As a Senior Risk Engineer - West Central Region on our North America Property Risk Engineering team, you'll be a key technical authority - shaping how we assess, manage, and improve risk for some of the largest and most complex commercial clients in the market. Based in Chicago, you'll work at the heart of our West Central Region General Property portfolio, partnering closely with underwriters, brokers, and customers to deliver exceptional risk engineering services across both domestic and international programs. This is a role where your expertise directly influences business outcomes, and where no two days look the same.
Key Responsibilities
  • Act as a Strategic Advisor to underwriting and our clients shifting beyond transactional assessments to create insight-driven decisions, stronger and deeper client partnerships and lasting value
  • Lead account servicing for multinational and domestic large and medium-sized corporate clients as part of their property insurance programs, serving as the primary technical point of contact
  • Support Swiss Re's West Central Region general property portfolio, driving continued growth across direct insurance, primary lead business, and international business - both for bound and new business
  • Review, interpret, and summarize risk assessments conducted by Swiss Re Corporate Solutions risk engineers, service partners, and third-party insurance risk engineers, ensuring accuracy and actionable insights
  • Collaborate with and advise underwriters on risk quality and exposure for existing accounts and new business opportunities, enabling preferred risk selection
  • Perform full account engineering functions including developing customer service plans, negotiating fees, coordinating field servicing, managing service partners, and engaging with underwriters, brokers, and clients
  • Leverage Risk Engineering data analytics tools to conduct portfolio analysis and benchmarking, develop account stewardship materials, provide value-added customer support, and drive meaningful risk improvement efforts
  • Conduct on-site risk assessments and operations reviews periodically to verify risk mitigation approaches and provide customers with practical, impactful, risk insights and risk improvement advice
  • Preparation of external loss control and internal underwriting reports, as well as developing project loss control specifications, and performing project plan review
  • Develop strategies to expand positioning on current accounts and cross-sell other lines of business in close cooperation with underwriting and customer / distribution management
  • Collaborate closely with our key Underwriting stakeholders as well as other business partners (Customer Distribution Management and Claims) throughout the servicing and prospecting lifecycle
  • Analyze emerging loss trends by linking loss prevention expertise with loss experience, enabling cross-functional collaboration across Risk Engineering Services (RES), underwriting, and claims
  • Serve as account engineer for international programs, including North America-based accounts and accounts from other regions requiring servicing in North America, delivering a full complement of global risk engineering services
  • Develop fee-for-service risk engineering proposals and quotations on global programs, working with a variety of global loss prevention standards and an international risk engineering network

About the Team
As a member of our global Risk Engineering Services (RES) community, you'll be fully embedded in the NA RES Team - a collaborative, forward-thinking group of professionals committed to delivering best-in-class risk engineering services across the US market. Our team plays a meaningful role in supporting the US West Central Region of our General Property Team, and we take pride in the depth of expertise and the strength of relationships we've built across the industry.
We are deeply committed to individual growth and development. Based on your skills and interests, future opportunities may include developing specialized expertise in dedicated core industries or subject matters, leading strategic projects and initiatives, contributing to the development and implementation of new strategies, creating standard methodologies, guidelines, and industry papers, or pioneering innovative new service offerings. This is a team that invests in its people - and celebrates their success.
About You
We're looking for an open-minded, trustworthy, and enthusiastic professional who brings both deep technical expertise and a genuine passion for client service. You're someone who can engage constructively and respectfully in challenging conversations, take initiative without waiting to be asked, and perform with confidence under pressure. You're equally comfortable in the field and in the boardroom - and you know how to translate complex risk concepts into clear, actionable recommendations that resonate with diverse audiences.
We are looking for candidates who meet these requirements:
  • Bachelor's degree in Engineering (mechanical, electrical, industrial, chemical or civil discipline)
  • 6 -10+ years of relevant experience in property risk engineering with a reputable provider, including a strong background in property loss prevention and control in the NA Commercial Insurance Market
  • Combined field engineer and account engineer experience, with a demonstrated track record of managing large, complex commercial accounts
  • Deep knowledge of property construction, fire protection systems (sprinkler systems, alarm systems, etc.) and human element property conservation programs (e.g., Hot Work Permit Programs, Fire Protection Impairment Supervision Programs)
  • Strong expertise in NatCat exposures including Earthquake, Flood, Windstorm, and related perils
  • Ability to develop loss expectancies (maximum possible loss, anticipated loss potential, and normal loss potential scenarios)
  • Strong understanding of business interruption exposure in its various forms (CBI, IBI, etc.) - in line with industry practices

These are additional nice to haves:
  • Broad industry knowledge across general manufacturing, plastics, food, real estate, retail, warehousing, metal working, technology, healthcare, and hospitality
  • Specialized industry expertise in a variety of occupancies including chemical, steel, automotive, pharmaceutical, telecom, semiconductor, and/or forestry (woodworking and pulp & paper) sectors
  • Working knowledge of NFPA standards and practical familiarity with Factory Mutual data sheets or similar Highly Protected Risk (HPR) standards
  • Property insurance background, or a strong combination of property insurance and industrial experience
  • International Programs experience, including servicing global fronting and lead risk engineering programs, developing fee-for-service proposals, and working effectively with a global risk engineering network and diverse global loss prevention standards
  • Proficiency in data analytics, benchmarking, portfolio risk management, and/or automation capabilities, along with solid digital literacy (Microsoft Office, databases, and data analytics platforms)
  • Strong interpersonal and client-facing communication skills, both written and verbal, with the ability to build trust and lasting relationships across all levels
  • Business acumen and a customer-first mindset, with the energy, pro-activity, and collaborative spirit to thrive in a fast-paced, team-oriented environment
  • Willingness to travel periodically, primarily within the US

The role will be located in our Chicago, IL office. Our company uses a hybrid work model requiring at least three days in the office each week, with the option to work onsite full-time if preferred.
The estimated base salary range for this position is $156,000 to $246,000. The specific salary offered for this, or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short- and long-term incentives, and benefits offered), in setting individual compensation.
About Swiss Re Corporate Solutions
Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.
Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.
During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.
We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.
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