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Senior Risk Manager Jobs in Illinois (NOW HIRING)

DV Trading

Credit Risk Manager

Chicago, IL · On-site

$150K - $200K/yr

DV is looking for a Credit Risk Manager to lead its counterparty and credit risk management ... This role will partner closely with senior leadership to enhance the firm's credit risk framework ...

Capital One

Manager, Risk Manager

Riverwoods, IL

Strong communication and stakeholder management skills, with a proven track record of influencing senior leadership through audit findings and risk insights At this time, Capital One will not sponsor ...

DV Trading

Credit Risk Manager

Chicago, IL

$150K - $200K/yr

DV is looking for a Credit Risk Manager to lead its counterparty and credit risk management ... This role will partner closely with senior leadership to enhance the firm's credit risk framework ...

Smarkets

Chief Risk Officer

Chicago, IL · On-site

$150 - $200/hr

Senior risk leader with 7+ years of senior experience in risk management, ideally within derivatives markets, exchanges, clearinghouses, or other financial infrastructure providers. * 4+ years of ...

Smarkets

Chief Risk Officer (Chicago)

Chicago, IL · On-site

Senior risk leader with 7+ years of senior experience in risk management, ideally within derivatives markets, exchanges, clearinghouses, or other financial infrastructure providers. * 4+ years of ...

Capital One

Manager, Risk Manager

Riverwoods, IL · On-site

Strong communication and stakeholder management skills, with a proven track record of influencing senior leadership through audit findings and risk insights At this time, Capital One will not sponsor ...

IMC

Experienced Risk Manager

Chicago, IL

IMC is looking for an Experienced Risk Manager to join our Chicago Risk team, focusing primarily on ... to senior leadership, and the ability to influence both day-to-day trading decisions and the ...

IMC B.V.

Experienced Risk Manager

Chicago, IL · On-site

$150 - $210/hr

IMC is looking for an Experienced Risk Manager to join our Chicago Risk team, focusing primarily on ... to senior leadership, and the ability to influence both day-to-day trading decisions and the ...

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Senior Risk Manager information

See Illinois salary details

$21.8K

$114.6K

$203.5K

How much do senior risk manager jobs pay per year?

As of Aug 21, 2026, the average yearly pay for senior risk manager in Illinois is $114,595.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,900.00 and $140,500.00 per year, depending on experience, location, and employer.

What does a senior risk manager do?

A Senior Risk Manager identifies, assesses, and mitigates potential risks that could impact an organization's financial health, operations, or reputation. They develop risk management strategies, ensure compliance with industry regulations, and collaborate with various departments to implement risk controls. Additionally, they analyze market trends and internal processes to proactively address potential threats. Their goal is to minimize risk exposure while supporting business objectives and long-term sustainability.

What are the key skills and qualifications needed to thrive as a senior risk manager?

To excel as a Senior Risk Manager, you need strong analytical capabilities, a deep understanding of risk assessment methodologies, and a relevant degree such as finance, economics, or business administration. Familiarity with risk modeling software, governance frameworks (like COSO or ISO 31000), and industry certifications such as FRM or CRM are highly valued. Exceptional communication, leadership, and decision-making skills help distinguish top performers in this role. These abilities are essential for effectively identifying, evaluating, and mitigating potential risks while supporting organizational objectives.

What does a typical day look like for a senior risk manager?

A Senior Risk Manager’s day often includes analyzing complex data to assess potential financial, operational, or strategic risks and developing mitigation strategies accordingly. You’ll regularly collaborate with business leaders across departments, provide expert advice during project planning, and prepare detailed risk reports for executive management or compliance committees. Additionally, you may oversee junior risk team members, guide audit processes, and participate in risk review meetings. This role offers dynamic daily challenges that require both independent analysis and team-oriented communication, making it ideal for those who enjoy both strategic thinking and hands-on collaboration.

How much do senior risk managers make in the US?

Senior risk managers in the US typically earn a median annual salary of around $120,000 to $150,000, with higher compensation possible in large financial institutions or with extensive experience and certifications such as FRM or CRM. Salaries can vary based on industry, location, and the complexity of risk management responsibilities.

What are popular job titles related to Senior Risk Manager jobs in Illinois?

For Senior Risk Manager jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Senior Risk Manager jobs in Illinois look for?

The top searched job categories for Senior Risk Manager jobs in Illinois are:

What cities in Illinois are hiring for Senior Risk Manager jobs?

Cities in Illinois with the most Senior Risk Manager job openings:

What are popular job titles related to Senior Risk Manager jobs in IL?

For Senior Risk Manager jobs in IL, the most frequently searched job titles are:

Senior Risk Manager jobs near you
Infographic showing various Senior Risk Manager job openings in Illinois as of August 2026, with employment types broken down into 95% Full Time, and 5% Part Time. Highlights an 90% In-person, 5% Hybrid, and 5% Remote job distribution, with an average salary of $114,595 per year, or $55.1 per hour.

Senior Loss Control/Risk Management Consultant (Commercial P&C)

Amerisure Mutual Insurance Company

Lisle, IL • On-site

Full-time

Medical, Retirement, PTO

Re-posted 6 days ago

Job description

Amerisure creates exceptional value for its partners, policyholders, and employees. As a property and casualty insurance company, Amerisure's promise to our partner agencies and policyholders begins with a comprehensive line of insurance products designed to protect businesses, as well as the health and safety of every employee. With an A.M. Best "A" (Excellent) rating, Amerisure serves mid-sized commercial enterprises focused in construction, manufacturing and healthcare. Ranked as one of the top 100 Property & Casualty companies in the United States, we proudly manage nearly $1 Billion of Direct Written Premium and maintain $1.21 billion in surplus.
We are recruiting for a Senior Risk Management/Loss Control Consultant to join our team. This is a remote position that will ideally sit in the Chicagoland area, or potentially in western IL.
Position Summary:
Conducts insurance risk management surveys on a range of moderate to complex risks, aiming to enhance policyholder risk profiles by identifying and mitigating safety hazards. Actively contributes to the development and support of technical expertise. Drives the promotion, marketing, and advancement of Company initiatives, focusing on profitable growth. Demonstrates One Amerisure behaviors with dedication, fostering strong relationships with assigned Partners for Success® (PFS) Agencies and their clients.
Responsibilities:
  • Execute risk management consultations at policyholders' premises and develop risk management programs recommendations based on observations.
  • Leverages technology to support virtual engagement within a hybrid work environment.
  • Initiates, provides, and shares resources with policyholders and agency customers on risk management topics and trends.
  • Provide quantitative/qualitative analysis with conclusions to drive customer service objectives and activities and develop a plan to improve risk exposures across the book.
  • Manage workload assignments to attain agency customer engagement activities to meet organizational objectives.
  • Leverages technology and innovation to support virtual engagement within a hybrid work environment.
  • Collaborate with underwriting and claims in new business acquisition and account retention.
  • Conduct training sessions for the policyholder and agency customers. As required, participate in conference presentations
  • Promote markets and otherwise advance the company initiatives through relationships with their assigned agency and their clients. Serve as an advisor on risk management matters.
  • Participates in assigned workgroups supporting profitability and service delivery
  • Elevates any trends or issues identified.
  • Engage with vendors to support our service delivery and risk improvement strategies.
  • Mentor and train other risk management consultants and support new employee onboarding activities under leadership direction.

Requirements:
  • Bachelor's degree in risk management or a related field with advanced certification/designation (CSP, ARM, CRM, CIC, CPCU) preferred.
  • 5 or more years of Loss Control experience in multi-line commercial property & casualty.
  • We're targeting candidates with commercial property insurance experience.
  • High acumen with business computer applications including MS Office products and other industry platforms. This includes virtual meeting and conferencing applications.
  • Demonstrated successful ability to build positive relationships and partnerships within department, across the organization and with external customers. Engages as needed with corporate underwriting to support business activities.
  • Well-developed conflict resolution skills - with the ability to engage other departments.
  • Excellent organizational skills, including ability to multi-task and prioritize workload.
  • Excellent problem-solving, critical thinking, analytical, and decision-making skills, including the ability to deal with ambiguity.
  • Ability to work independently but collaboratively.
  • Excellent verbal and written communication skills with the ability to interact with internal and external customers and communicate complex technical subjects both verbally and written format.
  • Ability to work effectively with minimal supervision.
  • Must have a valid driver's license, an acceptable driving record
  • The ability to travel up to 4 overnights a month.

#LI-Remote #LI-CR1
Just as we are committed to creating exceptional value for our Partners For Success® agencies and policyholders, Amerisure also remains committed to being an employer of choice. We reinforce this commitment by adhering to an Employee Value Proposition that, in part, is provided through a competitive total rewards package. This package includes competitive base pay, performance-based incentive pay, comprehensive health and welfare benefits, a 401(k) savings plan with profit sharing, and generous paid time off programs. We also offer flexible work arrangements to promote work-life balance. Recognized as one of the Best and Brightest® Companies to Work For in the Nation and one of Business Insurance magazine's Best Places to Work in Insurance, we provide a workplace that fosters excellence and professional growth. If you are looking for a collaborative and rewarding career, Amerisure is looking for you.
Amerisure Mutual Insurance Company is an Equal Employment Opportunity employer. Amerisure provides equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (to include sexual orientation and gender identity), national origin, age, disability, genetic information, veteran status, or any other protected characteristic under applicable federal, state, or local laws. Amerisure complies with all applicable laws governing nondiscrimination in employment in all locations where the company operates. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. Amerisure prohibits harassment or discrimination of any kind and is committed to maintaining a workplace free from unlawful harassment or discrimination. Amerisure prohibits retaliation against anyone who reports discrimination, participates in an investigation, or opposes unlawful practices. Any improper interference with an employee's ability to perform their job duties may result in disciplinary action, up to and including termination.

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