How Much Does a Healthcare Risk Manager Make in Chicago, IL?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Healthcare Risk Manager in Chicago, IL is $93,188. While Salary.com is seeing that Healthcare Risk Manager salary in Chicago, IL can go up to $104,650 or down to $66,670, but most earn between $79,308 and $99,188. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Healthcare Risk Manager
Risk Management Analyst I - Healthcare
$80,000
Chicago, IL
Per Year
Risk Management Analyst II - Healthcare
$104,461
Chicago, IL
Per Year
Risk Management Director - Healthcare
$146,297
Chicago, IL
Per Year
Healthcare Risk Management Specialist
$133,429
Chicago, IL
Per Year
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Similar Job Salaries to Healthcare Risk Manager by Company

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Company average base salary in (usd) range
The LaSalle Group
Risk Manager
$111,914/yr
$102,222
$121,606
RANGE: $102,222 - $121,606
ITW
Risk Manager
$154,479/yr
$140,543
$168,414
RANGE: $140,543 - $168,414
Topstep
Junior Risk Manager
$98,672/yr
$89,106
$108,238
RANGE: $89,106 - $108,238
Akuna Capital
Engineering Manager - Python, Risk
$141,954/yr
$132,832
$151,075
RANGE: $132,832 - $151,075
$120,639/yr
$109,652
$131,626
RANGE: $109,652 - $131,626
Paul May Associates
Manager Cybersecurity Governance and Risk
$140,571/yr
$128,331
$152,811
RANGE: $128,331 - $152,811
Parallel Partners
Manager, Cybersecurity Governance and Risk
$140,571/yr
$128,331
$152,811
RANGE: $128,331 - $152,811
Bank of America
EFR Liquidity Risk Manager
$116,346/yr
$104,796
$127,896
RANGE: $104,796 - $127,896
Jacobs
Risk Manager (Commercial/Technical)
$122,308/yr
$111,168
$133,447
RANGE: $111,168 - $133,447
Near North Health Service Corporation
Clinical Risk Manager (25354)
$122,308/yr
$111,168
$133,447
RANGE: $111,168 - $133,447

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What Does a Healthcare Risk Manager Do?

Healthcare Risk Management 8 Risk Domains: Operational/Patient-Safety/Strategic/Financial/Human/Regulatory/Technology/Hazards.
Updated October 21, 2021
Health care risk managers are trained to handle different ongoing or unexpected PR, personnel, operations or financial problems.
Updated October 08, 2021
Some professionals can embark on a career as a healthcare risk manager with four years of education post-high school.
Updated December 19, 2021
Enable healthcare professionals to automate continuous real-time third-party vendor integrity checks and audits associated with security and compliance risks.
Updated December 16, 2021
More significant investments by healthcare providers around cybersecurity are needed to mitigate the risk associated with data breaches, potential costly lawsuits, and damage to the healthcare facilities’ reputation.
Updated December 15, 2021

Frequently Asked Questions About a Healthcare Risk Manager Salaries

What is the average of a Healthcare Risk Manager in Chicago, IL?

The Healthcare Risk Manager salary range is from $79,308 to $99,188, and the average Healthcare Risk Manager salary is $93,188/year in Chicago, IL. The Healthcare Risk Manager's salary will change in different locations.

Which location pays the highest Healthcare Risk Manager salary in the United States?

The Healthcare Risk Manager salary in San Jose, CA is $113,740 which is the highest in the US.

What kinds of reasons will influence the Healthcare Risk Manager's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Healthcare Risk Manager.

What is the growth rate of the Healthcare Risk Manager's salary?

If you are thinking of becoming a Healthcare Risk Manager or planning the next step in your career, find the detailed salary report of a Healthcare Risk Manager.