Risk Manager Salary in Illinois

How much does a Risk Manager make in Illinois? The average Risk Manager salary in Illinois is $117,016 as of January 20, 2020, but the range typically falls between $101,478 and $134,690. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

25% $101,478 10% $87,331 90% $150,781 75% $134,690 $117,016 50%(Median)
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Job Description

Risk Manager develops and administers risk-management and loss-prevention programs. Initiates policies to comply with safety legislation and industry practices. Being a Risk Manager researches and reports on the most cost effective plans to minimize asset liability. Acts as the liaison to attorneys, insurance companies and individuals, investigating any incidences that may result in asset loss. Additionally, Risk Manager reviews and analyzes risk management programs for the effectiveness of coverage and to reduce costs and losses. Requires a bachelor's degree. Typically reports to top management. The Risk Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a Risk Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2020 Salary.com)

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Location Avg. Salary Date Updated
Location Cicero, IL Avg. Salary $120,776 Date Updated January 20, 2020
Location Mount Prospect, IL Avg. Salary $120,366 Date Updated January 20, 2020
Location Abingdon, IL Avg. Salary $107,991 Date Updated January 20, 2020
Location Adair, IL Avg. Salary $109,371 Date Updated January 20, 2020
Location Addieville, IL Avg. Salary $111,273 Date Updated January 20, 2020
Location Addison, IL Avg. Salary $120,366 Date Updated January 20, 2020
Location Akin, IL Avg. Salary $107,009 Date Updated January 20, 2020
Location Albany, IL Avg. Salary $105,913 Date Updated January 20, 2020
Location Albers, IL Avg. Salary $111,273 Date Updated January 20, 2020
Location Albion, IL Avg. Salary $104,631 Date Updated January 20, 2020
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