As of August 01, 2026, the average annual salary for Risk Management Consultant in Illinois is $108,559, equivalent to $52 per hour, $2,088 weekly, or $9,047 monthly. These figures, sourced from Salary.com’s real-time job posting scans, highlight competitive earning potential for Risk Management Consultant in cities like San Jose, Santa Clara, and San Francisco.

Annually Salaries for Risk Management Consultant in Illinois vary widely, spanning from $92,544 to $125,996. Most professionals fall between the 25th percentile ($100,176) and 75th percentile ($117,686), while top earners (90th percentile) make $125,996 per year. This $17,510 pay gap underscores opportunities for salary growth through certifications, specialized skills like Risk Management or Economics, or targeting high-paying regions like District of Columbia or California.

Location and experience significantly influence earnings. For example, Illinois Risk Management Consultant often earn 1.9% higher than national averages due to demand from Fortune 51 companies. However, Illinois currently ranks 14 nationwide for Risk Management Consultant job salary. Professionals are advised to focus on high-growth sectors like to offset market challenges.

Based on HR-reported data: a national average with a geographic differential
Risk Management Consultant Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Risk Management Consultant Salary $92,544 IL August 01, 2026
25th Percentile Risk Management Consultant Salary $100,176 IL August 01, 2026
50th Percentile Risk Management Consultant Salary $108,559 IL August 01, 2026
75th Percentile Risk Management Consultant Salary $117,686 IL August 01, 2026
90th Percentile Risk Management Consultant Salary $125,996 IL August 01, 2026
25% $100,176 10% $92,544 90% $125,996 75% $117,686 $108,559 50%(Median) Didn’t find job title? Click
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Intern - Risk Management

Equity LifeStyle Properties - Chicago, IL

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Risk Management Consultant

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Location Avg. Salary Date Updated
Location Cicero, IL Avg. Salary $117,136 Date Updated August 01, 2026
Location Mount Prospect, IL Avg. Salary $115,533 Date Updated August 01, 2026
Location Abingdon, IL Avg. Salary $106,758 Date Updated August 01, 2026
Location Adair, IL Avg. Salary $106,499 Date Updated August 01, 2026
Location Addieville, IL Avg. Salary $108,095 Date Updated August 01, 2026
Location Addison, IL Avg. Salary $115,729 Date Updated August 01, 2026
Location Akin, IL Avg. Salary $106,426 Date Updated August 01, 2026
Location Albany, IL Avg. Salary $106,642 Date Updated August 01, 2026
Location Albers, IL Avg. Salary $108,240 Date Updated August 01, 2026
Location Albion, IL Avg. Salary $105,969 Date Updated August 01, 2026
Job Openings for Risk Management Consultant in Illinois

Career Path for this job

  1. Down a level:

    Risk Analyst V

    10 + years experience
    Bachelor's Degree

  2. This Job:

    Risk Management Consultant

    3 - 5 years experience
    Bachelor's Degree

  3. Up a level:

    Risk Manager

    5 + years experience
    Bachelor's Degree