ZipRecruiter

Log In

1

Weekend Insurance Risk Assessment Jobs in Illinois

Northern Trust

Hedge Fund Risk Manager

Chicago, IL · On-site

$80K - $133K/yr

Assess market, liquidity, concentration, leverage, and tail risks * Ensure alignment with risk ... insurance, and other voluntary and well-being benefits. Northern Trust also provides a ...

Arrive Logistics

Risk Manager

Chicago, IL · On-site

Audit existing workflows to close security loopholes, standardize risk assessment procedures, and ... level insurance requirements, and audit compliance. * Cross-Functional Collaboration: Partner ...

Arrive Logistics

Risk Manager

Chicago, IL · On-site +1

$105K - $132K/yr

Audit existing workflows to close security loopholes, standardize risk assessment procedures, and ... level insurance requirements, and audit compliance. * Cross-Functional Collaboration: Partner ...

Genre

Aviation Insurance - Underwriter

Chicago, IL

D esign customized insurance programs based upon risk assessment. * D ecline undesirable risks based upon company designated criteria. * C reate underwriting reports utilizing word processing ...

HUB

Senior Risk Consultant

Chicago, IL

HUB is a global insurance and employee benefits broker, providing a boundaryless array of business ... Lead comprehensive risk assessments and audits across manufacturing, construction, distribution ...

New

NorthShore

Clinical Risk Manager

Chicago, IL · On-site

$42.54 - $65.94/hr

Identify and assess potential risks and liabilities of reported events * Work with ... Identify potential insurance claims, including tracking, reporting, and coordinating resolution ...

previous page

Showing results 41-60

All JobsInsurance Risk Assessment JobsWeekend Insurance Risk Assessment JobsWeekend Insurance Risk Assessment Jobs in Illinois

Weekend Insurance Risk Assessment information

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

The most popular types of Insurance Risk Assessment jobs in Illinois are:

What cities in Illinois are hiring for Weekend Insurance Risk Assessment jobs?

Cities in Illinois with the most Weekend Insurance Risk Assessment job openings:

Weekend Insurance Risk Assessment jobs near you
Infographic showing various Weekend Insurance Risk Assessment job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 59% Full Time, 32% Part Time, and 8% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution.

Hedge Fund Risk Manager

Northern Trust

Chicago, IL • On-site

$80K - $133K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 7 days ago

Northern Trust rating

8.2

Company rating: 8.2 out of 10

Based on 27 frontline employees who took The Breakroom Quiz

Job description

About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Role Overview
We are seeking an experienced Risk Manager to join our investment team and oversee risk across a diversified portfolio of external hedge fund managers. This role focuses on portfolio-level risk aggregation, manager-level due diligence, and forward-looking risk analytics to support investment decision-making.
The ideal candidate will act as a strategic partner to the investment team, providing actionable insights on portfolio construction, diversification, and downside risk management.
Essential Duties and Responsibilities
Portfolio Risk Oversight
  • Monitor and aggregate risk exposures across underlying hedge funds by strategy, asset class, and geography
  • Assess market, liquidity, concentration, leverage, and tail risks
  • Ensure alignment with risk budgets and investment objectives
Manager Risk Assessment
  • Conduct risk-focused due diligence on hedge fund managers
  • Evaluate strategy risk, leverage, derivatives use, and drawdowns
  • Challenge portfolio construction and hedging assumptions
Risk Analytics & Reporting
  • Maintain VaR, stress testing, and scenario analysis models
  • Build dashboards and deliver risk reporting to senior stakeholders
  • Provide actionable insights to investment decision-makers
Liquidity & Capital Planning
  • Assess liquidity terms including lockups and gates
  • Monitor portfolio liquidity vs investor redemption terms
  • Run stress scenarios for market dislocation events
Portfolio Construction Support
  • Advise on allocation sizing and diversification
  • Identify hidden correlations and portfolio risks
  • Support investment decisions with forward-looking risk views
Ongoing Monitoring & Surveillance
  • Track risk metrics regularly
  • Identify early warning signals such as style drift or anomalies
  • Participate in ongoing manager monitoring
Qualifications
Necessary Experience and Education
  • 3 - 5 years in hedge fund risk management, fund of funds, asset management, risk management or related roles.
  • Bachelor's degree in Finance, Economics, Mathematics, or related field. CFA or FRM preferred.
Necessary Technical Skills
  • Strong understanding of hedge fund strategies
  • Expertise in VaR, stress testing, and risk modeling
  • Prior experience with MSCI RiskMetrics
  • Proficiency in Excel, Power BI, or SQL
Necessary Core Competencies
  • Strong analytical and quantitative skills
  • Ability to interpret limited transparency data
  • Excellent communication and stakeholder management
  • High attention to detail
Salary Range:
$80,800 - 133,400 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com .
We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.

What Northern Trust employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply