Risk Management Specialist Salary in Chicago, IL

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How much does a Risk Management Specialist make in Chicago, IL? The average Risk Management Specialist salary in Chicago, IL is $133,252 as of April 24, 2024, but the salary range typically falls between $121,477 and $147,396. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Salary range for a Risk Management Specialist

$121,477 to $147,396

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Risk Management Specialist

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Job Openings for Risk Management Specialist in Chicago, IL

Sr. Engineering Specialist

Watermark Risk Management International - Arlington , VA

At Watermark, our people come first! Sr. Engineering Specialist This is a hybrid-remote position ... Watermark Risk Management International, LLC is a

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 46 days ago

Security Risk Management Specialist

Canonical - Jobs - Sacramento , CA

In security risk management we're looking to harness the power of industry best practice combined with driving new innovation on how we do security risk assessments and modelling. Our security risk ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 66 days ago

Accounting Specialist-HI

Benefit & Risk Management Services, Inc. - Sacramento , CA

The Accounting Specialist is responsible for general bookkeeping activities and practices within ... Performs other duties and responsibilities as assigned by Management. Knowledge, Skills ...

ZipRecruiter - 33 days ago

Project Management Specialist 4

Dexian - Everett , WA

Dexian is seeking a Project Management Specialist 4 for an opportunity with a client located in ... Performs studies, analysis (trend, variance, impact), risk assessments to determine impacts, and ...

LinkedIn - 37 days ago

Construction Management Specialist

843045256 - Lake Forest , CA

We are looking for proactive, adaptable and motivated Construction Mangement Specialist with 5 ... logs, risk logs and governance materials in accordance with MPO policies and procedures

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 70 days ago

Risk and Policy Specialist

Ncontracts - Brentwood , TN

Risk and Policy Specialist Remote | Product and Development | Full-Time WHO WE ARE Ncontracts ... We help financial institutions achieve their compliance and risk management goals with a powerful ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 27 days ago

What does a Risk Management Specialist do?

Common responsibilities of a Risk Management Specialist

Demonstrate the ability to identify changes to Credit Union processes, procedures, or regulatory requirements that will impact the duties of the department and proactively recommend updates to departmental processes and procedures to adapt to Credit Union changes in a timely manner.

November 08, 2022

Assists in the maintenance, integrity and data quality of the franchisee insurance certificate tracking program, including database management, as well as communication with franchisees, Area Directors and other internal stakeholders relative to insurance compliance.

March 09, 2023

Assist with the validation of financial and compliance models utilized by the Credit Union based on regulatory guidelines, which may include assessing model documentation, model objectives and use, model data, outcome analysis, ongoing monitoring, governance, and backtesting.

March 29, 2023

Provides recommendations for improvements to the business continuity/disaster recovery program and works with business units to implement approved changes to the business continuity/disaster recovery program process.

April 21, 2023

Participates in the identification, selection, & coordination of the use of TPA's and consultants for property damage claims, subrogation, workers compensation & general liability claims adjudication.

April 30, 2023

Review and challenge of Banking business liquidity, interest rate and capital risk exposures through both ad-hoc and routine engagement within Risk, CFO and the LOB teams (including Risk Identification, State of Risk Reviews, and resulting SIAI/RIAI administration).

May 07, 2023

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Risk Management Specialist Salary By Experience Levels in Chicago, IL

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Risk Management Specialist Salary By Level of Education in Chicago, IL

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Risk Management Specialist in Chicago, IL

Average Base Salary

Core compensation

121477

147396

133252

Average Total Cash Compensation

Includes base and annual incentives

129207

160735

143300

What is the average salary for Risk Management Specialist in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Risk Management Specialist in Chicago, IL. The base salary for Risk Management Specialist ranges from $121,477 to $147,396 with the average base salary of $133,252. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $129,207 to $160,735 with the average total cash compensation of $143,300.

View Average Salary for Risk Management Specialist as table

	Average Salary	Average Salary Range
Base Salary	$133,252	$121,477 - $147,396
Bonus	$10,048	$7,730 - $13,339
Total Pay	$143,300	$129,207 - $160,735

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Risk Management Specialist Salary Near Chicago, IL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Chicago, IL
CITY, STATE Cicero, IL	AVERAGE SALARY RANGE $122,160 - $148,225	COMPARE TO Chicago, IL
CITY, STATE Oak Park, IL	AVERAGE SALARY RANGE $122,160 - $148,225	COMPARE TO Chicago, IL
CITY, STATE Oak Lawn, IL	AVERAGE SALARY RANGE $122,021 - $148,056	COMPARE TO Chicago, IL
CITY, STATE Evanston, IL	AVERAGE SALARY RANGE $122,114 - $148,168	COMPARE TO Chicago, IL
CITY, STATE Skokie, IL	AVERAGE SALARY RANGE $122,114 - $148,168	COMPARE TO Chicago, IL
CITY, STATE Arlington Heights, IL	AVERAGE SALARY RANGE $119,380 - $144,851	COMPARE TO Chicago, IL

See salaries for Risk Management Specialist in locations close to Chicago, IL. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Chicago, Illinois

Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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JOB TITLE Environmental Risk Management Specialist	LOCATION Chicago, IL	MINIMUM SALARY $91,871	MAXIMUM SALARY $123,771
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JOB TITLE Risk Management Analyst I - Healthcare	LOCATION Chicago, IL	MINIMUM SALARY $71,809	MAXIMUM SALARY $92,095
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JOB TITLE Risk Management Director	LOCATION Chicago, IL	MINIMUM SALARY $170,907	MAXIMUM SALARY $225,479
JOB TITLE Risk Management Supervisor	LOCATION Chicago, IL	MINIMUM SALARY $99,536	MAXIMUM SALARY $132,094
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JOB TITLE VP of Risk Management	LOCATION Chicago, IL	MINIMUM SALARY $206,810	MAXIMUM SALARY $279,490
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The Risk Management Specialist job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Chicago, IL that might be a good fit for the type of job and salary you are looking for.

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121477

147396

About Chicago, Illinois Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois area prices were up 0.8% from a year ago

Risk Management Specialist Salary in popular cities: Aurora, Rockford, Joliet

Recently searched related titles: Risk Management Advisor, Healthcare Risk Management Specialist

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role