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

Sr. Product Manager - Credit Risk

Chicago, IL ยท On-site +1

$120K - $180K/yr

Job Summary The Senior Product Manager will report directly to the Chief Risk Officer (CRO) of ... Work closely with Marketing, Compliance, Bank Partnerships, Legal, and Engineering to ensure ...

Senior Director, Venture Delivery

Chicago, IL ยท On-site

$135K - $236K/yr

Collaborate deeply with legal, privacy, and compliance teams, embedding operational risk management ... Qualifications Bachelor's degree in Business, Engineering, Operations, Technology, or a related ...

Sr. Product Manager - Credit Risk

Chicago, IL ยท On-site +1

$130K - $172K/yr

Job Summary The Senior Product Manager will report directly to the Chief Risk Officer (CRO) of ... Work closely with Marketing, Compliance, Bank Partnerships, Legal, and Engineering to ensure ...

Sr Analyst, Credit Risk - Loan

Chicago, IL ยท On-site

$66K - $88K/yr

Avant is looking for a Senior Credit Risk Analyst who will play a crucial role in evaluating and ... Bachelor's Degree in Finance, Economics, Math, Engineering, or related field. * 2+ years of ...

Avant is looking for a Senior Credit Risk Analyst who will play a crucial role in evaluating and ... Bachelor's Degree in Finance, Economics, Math, Engineering, or related field. * 2+ years of ...

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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 Jun 10, 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 is a senior risk engineer?

A senior risk engineer is a professional responsible for identifying, analyzing, and mitigating risks within an organization, often in industries like insurance, finance, or engineering. They typically have advanced knowledge of risk assessment tools, industry standards, and may hold certifications such as FRM or CRM. Their role involves developing risk management strategies and ensuring compliance with safety and regulatory requirements.

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 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:
What cities near Geneva, IL are hiring for Senior Risk Engineer jobs? Cities near Geneva, IL with the most Senior Risk Engineer job openings:
Infographic showing various Senior Risk Engineer job openings in Geneva, IL as of June 2026, with employment types broken down into 93% Full Time, 4% Part Time, 1% Temporary, 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.
AVP, Risk Manager

AVP, Risk Manager

Zurich Insurance Group

Schaumburg, IL โ€ข Hybrid

Other

Posted 20 days ago


Job description

Zurich North America is seeking an AVP, Risk Manager to provide second line oversight and governance across business units. This role partners with senior stakeholders to ensure risk management practices are effectively embedded, supports risk-informed decision making, and ensures alignment with enterprise and regulatory expectations.

The AVP, Risk Manager can work out of our Chicago, IL or Schaumburg, IL North America HQ in a hybrid schedule.ย  This person will report to the Head of Strategic and Operational Risk.

The AVP-Risk Manager will provide independent oversight and challenge of business unit risk activities, ensuring effective governance and alignment with enterprise standards. This person will lead and support project and strategic risk assessments, support execution and ongoing management of TRP and SAOR frameworks, including coordination, review, and consolidate risk inputs to support enterprise reporting, oversee risk action plans, including monitoring progress, assessing effectiveness, and validating; trigger and manage the quarterly attestation process, ensuring timely and complete submissions.

Basic Qualifications:

  • Bachelor's Degree in Risk Management and 7 or more years of experience in the Risk Management area OR
  • High School Diploma or Equivalent and 9 or more years of experience in the Risk Management area OR
  • Zurich Certified Insurance Apprentice including an Associate's Degree in Risk Management and 7 or more years of experience in the Risk Management area AND
  • 7 or more years in the insurance or financial industry, including experience in different technical functions
  • Knowledge in risk management or risk engineering

Preferred Qualifications:

  • Strong ability to challenge and influence senior stakeholders
  • Experience with risk frameworks, governance, and regulatory expectations
  • Proven ability to manage multiple priorities and deliver high-quality outputs
  • Strong written and verbal communication skills
  • Advanced degree and/or professional risk or finance certification
  • Demonstrates independent judgment and effective challenge
  • Applies an enterprise-wide perspective to risk assessment and decision-making
  • Influences outcomes in a matrixed environment
  • Ensures strong governance, execution, and delivery discipline
  • Builds capability through coaching and enablement across teams

Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply-your unique background matters to us.

The pay range shown is a national average and may vary by location. The proposed salary range for this position is $110,220 - $180,510, with short-term incentive bonus eligibility set at 20%.

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Why Zurich?

At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment-so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500.

Join us for a brighter future-for yourself and our customers.

Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets.

Zurich complies with 18 U.S. Code 1033.

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Please note: Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal.

Location(s): AM - Schaumburg
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered:ย Noย ย 
Linkedin Recruiter Tag: #LI-MG1 #LI-DIRECTORย