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Vice President Risk Jobs in Illinois (NOW HIRING)

DUAL North America, Inc. is seeking a AVP/VP Underwriting Builders Risk * Classification: Exempt/Full-time * Reports to: SVP Underwriting or above * Travel: Up to 30% or more * Salary: $140,000.00 ...

VP of Engineering, Trade

Chicago, IL · On-site +1

$185K - $239K/yr

About the Role zerohash is hiring a VP of Engineering to lead our Trade organization, the team ... Partner with Compliance, Risk, and Legal to ensure trading systems meet the regulatory requirements ...

Vice President of Credit

Chicago, IL · On-site

$175K - $227K/yr

... risk appetite, and Board-level approvals. 4. Develop and refine the following- * Credit Memo ... * VP of Operations (process improvement and compliance) 2. Create clarity around roles ...

VP Engineering Comm Platform

Westchester, IL · On-site

$178K - $230K/yr

The VP of Engineering, Commerce Platform owns the technical strategy, architecture, and delivery of ... Secure Development & Risk Awareness * Ensure secure development and deployment practices are ...

Showing results 41-60

Vice President Risk information

See Illinois salary details

$42.2K

$152.7K

$268.9K

How much do vice president risk jobs pay per year?

As of Sep 4, 2026, the average yearly pay for vice president risk in Illinois is $152,652.00, according to ZipRecruiter salary data. Most workers in this role earn between $111,400.00 and $184,100.00 per year, depending on experience, location, and employer.

What does a vice president risk do?

A Vice President of Risk is responsible for identifying, assessing, and mitigating risks that could threaten the financial stability, reputation, or operational effectiveness of an organization. They develop risk management policies, oversee risk assessment processes, and ensure compliance with relevant regulations. This role typically involves collaborating with other departments to implement risk controls and reporting to senior executives about potential risks and their impact. Additionally, they may manage a team of risk analysts and work closely with external auditors or regulatory bodies.

How does a vice president risk typically collaborate with other departments to manage organizational risk?

The Vice President of Risk works closely with departments such as Compliance, Legal, Operations, and Finance to ensure a holistic approach to risk management. This collaboration often includes leading cross-functional risk assessments, developing mitigation strategies, and communicating risk policies across the organization. Regular meetings and reporting structures help ensure that all departments are aligned on risk priorities, enabling swift and coordinated responses to emerging threats. Effective communication and relationship-building are essential, as the VP of Risk must balance business objectives with regulatory requirements and operational needs.

What are the key skills and qualifications needed to thrive as a vice president risk, and why are they important?

To thrive as a Vice President of Risk, you need deep expertise in risk management, regulatory compliance, financial analysis, and a strong educational background, often with a degree in finance, business, or a related field. Familiarity with risk assessment tools, enterprise risk management (ERM) software, and industry certifications such as FRM or CFA are typically expected. Exceptional leadership, strategic thinking, and communication skills help navigate complex risk environments and influence organizational decision-making. These skills are crucial for proactively identifying threats, ensuring regulatory adherence, and safeguarding an organization’s assets and reputation.

What is the difference between Vice President Risk vs Risk Manager?

AspectVice President RiskRisk Manager
Required CredentialsBachelor's degree, often advanced certifications like FRM or CRM, extensive experienceBachelor's degree, certifications like FRM or CRM preferred, relevant experience
Work EnvironmentStrategic leadership in corporate settings, executive-level responsibilitiesOperational risk assessment, implementing risk mitigation strategies
Employer & Industry UsageFinancial institutions, large corporations, insurance companiesFinancial services, manufacturing, healthcare, various industries

The Vice President Risk typically holds a senior leadership role focused on strategic risk oversight at the executive level, while a Risk Manager handles day-to-day risk assessment and mitigation. Both roles require similar credentials but differ in scope, responsibility, and strategic influence within organizations.

What are the most commonly searched types of Risk jobs in Illinois?

The most popular types of Risk jobs in Illinois are:

What cities in Illinois are hiring for Vice President Risk jobs?

Cities in Illinois with the most Vice President Risk job openings:

Infographic showing various Vice President Risk job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 85% Physical, 5% Hybrid, and 10% Remote job distribution, with an average salary of $152,652 per year, or $73.4 per hour.

AVP/VP Underwriting Builders Risk

Howden Group

Chicago, IL • On-site

$140K - $200K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 10 days ago


Job description

At DUAL North America, our core values dictate how we live and work. We are a group with independence and people at its heart and we are a home for talent with a unique culture: the biggest small company in the world.
The focus on being a People First business has always been at the very heart of the Group; Our vision was to create an independent business with a unique culture and one that would survive and thrive as a business controlled by the people working for it. And finding the most talented and entrepreneurial people to join the Group has been and will continue to be key.

DUAL North America, Inc. is seeking a

AVP/VP Underwriting Builders Risk
  • Classification: Exempt/Full-time

  • Reports to: SVP Underwriting or above

  • Travel: Up to 30% or more

  • Salary: $140,000.00- $200,000.00

Role overview

DUAL North America is seeking an AVP/VP Underwriter for the Builders Risk division.

At DUAL, AVP/VP Underwriters play a critical leadership role in defining the underwriting strategy and fostering new broker relationships. In this role, you will act as the subject matter expert in wood frame builders risk project evaluation and underwriting, manage a team of 1-5 through the employee lifecycle, and own profitable portfolio growth.

Leading a team of underwriters within the builder's risk division, you will work with the division president and other team leads to manage the underwriting direction for the national construction portfolio, train and oversee junior underwriters including referrals for team members, and oversee strategy for large ,complex projects. This role includes executive oversight of broker relationships, profitability targets, and cross-functional alignment with product, claims, and actuarial.

Role responsibilities

  • Manage and grow your own portfolio of projects evaluating risk and utilizing and maximizing our carrier capacity within carrier agreements and underwriting guidelines

  • Train and foster careers of Associate Underwriters and Underwriters within the team

  • Manage a small to mid-sized team and be responsible for performance evaluations, hiring and recruiting, and termination decisions

  • Define team production goals that align to division goals, and drive execution in a hands-on fashion

  • Review referrals from team members

  • Curate a portfolio of business in accordance with Underwriting Guidelines and prescribed pricing tools within UW guidelines; may provide input to governance and defining underwriting guidelines

  • Owns division level projects or initiatives outside of direct area of expertise to gain knowledge and exposure to larger organizational operations

  • May manage budget for a small team or portion of the division, including staffing and T&E costs

  • Working level knowledge of capacity and expectation to build relationships with capacity providers

  • Act as Subject Matter Expert for their respective business to peers and leadership and those within their team

  • Demonstrates advanced understanding of technical underwriting principles and risk underwriting characteristics which will include more nuanced risks in the wood frame and renovation market, deployment of capacity limits, and managing pricing cycles.

  • Execute on annual new business goals by achieving agreed premium income and hitting quote numbers with desired hit ratios, and ensuring the team is executing on these goals as well

  • Foster and build new relationships with key producers - expectation is to gain more business and place it

  • Underwriting Authority:Has Underwriting authority as outlined in LOA

Key requirements

  • Bachelor's degree in risk management, psychology, criminal justice, mathematics, finance, business, or a related field preferred

  • 5-12 years of relevant underwriting experience

  • Demonstrates a naturally inquisitive mindset with a strong desire to understand processes, solve problems, and improve outcomes.

  • In-depth understanding of technical underwriting principles and risk assessment

  • Strong analytical, negotiation, and decision-making skills

  • Proven ability to manage and build broker and client relationships

  • Proficiency in Microsoft Office Suite (Word, Excel, Outlook, PowerPoint)

  • Demonstrated ability to handle complex risks with sound judgment

  • Highly self-motivated with strong attention to detail

  • Must be able to remain in a stationary position approximately 50% of the time, with occasional movement throughout the office to access files and equipment

  • Ability to travel up to 30% or more as required for client meetings, conferences, or industry events

  • If you do not meet all the qualifications for this role, we still encourage you to apply, as we are always loo

What we offer:
A career that you define. Yes, we offer all the usual rewards and benefits - including medical, dental, vision, a wide variety of wellbeing offers, competitive salary, unlimited PTO, 401k with company match, paid volunteer days and more.

We provide an environment where new ideas are encouraged and celebrated, where people who want to have a real hand in our success thrive. We want people who want to make a difference - not just in the workplace, but in the industry and in the wider community.

EEO Statement:
We consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness, and respect. DUAL North America provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. 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. DUAL will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.