Senior Risk Consultant Jobs in Illinois
Senior Risk Consultant jobs in Illinois are concentrated in financial services, insurance, and management consulting, with Chicago, Schaumburg, and Bloomington anchoring the state's most active hiring markets at every level from analyst through director. Major employers such as Aon, Zurich North America, and State Farm maintain substantial Illinois operations and hire senior risk consultants across enterprise risk management, operational risk, and regulatory compliance. Demand in Illinois is especially strong for professionals with expertise in financial risk modeling, insurance program management, and ERM framework development. Find a role that fits below and apply directly.
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Showing 4 of 18+ Senior Risk Consultant jobs
Huron helps its clients drive growth, enhance performance and sustain leadership in the markets they serve. We collaborate with education organizations to develop strategies and implement solutions that enable the transformative change our clients need to own their future. Together, we empower clients to drive innovation, create sustainable funding streams and deliver better student outcomes.
Today, leaders of higher education institutions and academic medical centers are spending too much time reacting to market forces, rather than focusing on the essential priorities that help students, faculty and staff thrive. The most productive path forward requires an intentional approach and innovative thinking, whereby stakeholders across the entire institution rally around a shared vision and embrace the hard work of effecting change.
You’ll help our clients to achieve organizational effectiveness, improve student outcomes, implement new technologies and align resources and investments to ensure long-term sustainability.
Join our team as the expert you are now and create your future.
Today, leaders of higher education institutions and academic medical centers are spending too much time reacting to market forces, rather than focusing on the essential priorities that help students, faculty and staff thrive. The most productive path forward requires an intentional approach and innovative thinking, whereby stakeholders across the entire institution rally around a shared vision and embrace the hard work of effecting change.
You’ll help our clients to achieve organizational effectiveness, improve student outcomes, implement new technologies and align resources and investments to ensure long-term sustainability.
Join our team as the expert you are now and create your future.
Summary:
Huron’s Education & Research practice is seeking a Manager to join our growing Risk & Compliance solution. This role supports colleges and universities, academic medical centers, health systems, research institutes, and other mission-driven organizations in navigating complex regulatory, operational, and governance challenges.
Managers lead client engagements focused on institutional compliance, governance, enterprise risk management, regulatory investigations, and related compliance functions. Successful candidates bring strong project leadership skills, executive presence, and subject matter expertise in one or more areas of regulatory compliance and organizational risk management.
Managers are responsible for leading project workstreams, supervising consulting teams, developing client relationships, and helping institutions design and implement sustainable compliance and governance frameworks.
Key Responsibilities:
- Lead consulting projects related to compliance program effectiveness, governance, enterprise risk management, and regulatory compliance.
- Collaborate with client staff and leadership and implement comprehensive solutions to improve organizational structures, policies, controls, governance models, and operational practices.
- Facilitate executive interviews, stakeholder workshops, and governance discussions with institutional leadership.
- Support institutions in responding to regulatory inquiries, audits, investigations, and emerging compliance requirements.
- Develop actionable recommendations, implementation roadmaps, and future-state operating models.
- Support project teams in evaluating regulatory, compliance, governance, and operational risks associated with strategic affiliations, mergers, acquisitions, joint ventures, and other partnership arrangements.
- Advise institutional leaders on compliance implications associated with emerging strategic initiatives, collaborations, and expansion opportunities
- Manage project teams, mentor junior staff, and ensure quality delivery of engagement work products.
- Contribute to business development efforts through proposal development, thought leadership, and client relationship management.
Skills & Tools:
- Strong consulting, project leadership, and relationship management skills with the ability to engage effectively with executive leadership, compliance professionals, attorneys, and university and healthcare stakeholders
- Demonstrated experience leading complex initiatives or assessments, facilitating stakeholder discussions, and managing multidisciplinary project teams.
- Strong written and verbal communication skills, including executive-level presentations and facilitation.
Qualifications:
- Minimum 7 years of experience in consulting, higher education, healthcare, compliance, regulatory affairs, legal services, governance, risk management, or related fields.
- Bachelor's degree from an accredited institution required
- Juris Doctor (J.D.), Master's Degree, MPA, MPH, MBA, or other relevant advanced degree preferred.
- Willingness and ability to travel on a 50% basis annually; work extended hours as necessary
Preferred:
- Prior consulting experience
- Experience working within a university, academic medical center, health system, research institute, government agency, or regulatory organization.
- Experience conducting investigations, compliance assessments, audits, or regulatory reviews.
- Experience in specialized higher education compliance functions, such as athletics compliance, Title IX, Clery Act, research compliance or privacy
- Knowledge of federal regulatory requirements impacting higher education and academic medical centers
- Experience with data privacy, cybersecurity governance, AI governance, or emerging regulatory frameworks.
- Experience supporting organizational transformation, governance redesign, or operating model development.
- Experience supporting intercollegiate athletics programs, including NCAA compliance, athletics governance, NIL compliance, investigations, institutional control assessments, or athletics-related risk management initiatives
- Experience supporting strategic transactions, affiliations, mergers, acquisitions, joint ventures, or large-scale organizational transformations within higher education, healthcare, research, or other highly regulated environments
The estimated base salary for this job is 140,000- $185,000 The actual salary paid to an individual will vary based on multiple factors, including but not limited to specific skills or certifications, years of experience, market changes, and required travel. This job is also eligible to participate in Huron’s annual incentive compensation program, which reflects Huron’s pay for performance philosophy. Inclusive of annual incentive compensation opportunity, the total estimated compensation range for this job is $168,000 - $222,000. The job is also eligible to participate in Huron’s benefit plans which include medical, dental and vision coverage and other wellness programs.
#LI-JH1
#REMOTE
Position Level
ManagerCountry
United States of AmericaHuron helps its clients drive growth, enhance performance and sustain leadership in the markets they serve. We collaborate with education organizations to develop strategies and implement solutions that enable the transformative change our clients need to own their future. Together, we empower clients to drive innovation, create sustainable funding streams and deliver better student outcomes.
Today, leaders of higher education institutions and academic medical centers are spending too much time reacting to market forces, rather than focusing on the essential priorities that help students, faculty and staff thrive. The most productive path forward requires an intentional approach and innovative thinking, whereby stakeholders across the entire institution rally around a shared vision and embrace the hard work of effecting change.
You’ll help our clients to achieve organizational effectiveness, improve student outcomes, implement new technologies and align resources and investments to ensure long-term sustainability.
Join our team as the expert you are now and create your future.
Today, leaders of higher education institutions and academic medical centers are spending too much time reacting to market forces, rather than focusing on the essential priorities that help students, faculty and staff thrive. The most productive path forward requires an intentional approach and innovative thinking, whereby stakeholders across the entire institution rally around a shared vision and embrace the hard work of effecting change.
You’ll help our clients to achieve organizational effectiveness, improve student outcomes, implement new technologies and align resources and investments to ensure long-term sustainability.
Join our team as the expert you are now and create your future.
Summary:
Huron’s Education & Research practice is seeking a Manager to join our growing Risk & Compliance solution. This role supports colleges and universities, academic medical centers, health systems, research institutes, and other mission-driven organizations in navigating complex regulatory, operational, and governance challenges.
Managers lead client engagements focused on institutional compliance, governance, enterprise risk management, regulatory investigations, and related compliance functions. Successful candidates bring strong project leadership skills, executive presence, and subject matter expertise in one or more areas of regulatory compliance and organizational risk management.
Managers are responsible for leading project workstreams, supervising consulting teams, developing client relationships, and helping institutions design and implement sustainable compliance and governance frameworks.
Key Responsibilities:
- Lead consulting projects related to compliance program effectiveness, governance, enterprise risk management, and regulatory compliance.
- Collaborate with client staff and leadership and implement comprehensive solutions to improve organizational structures, policies, controls, governance models, and operational practices.
- Facilitate executive interviews, stakeholder workshops, and governance discussions with institutional leadership.
- Support institutions in responding to regulatory inquiries, audits, investigations, and emerging compliance requirements.
- Develop actionable recommendations, implementation roadmaps, and future-state operating models.
- Support project teams in evaluating regulatory, compliance, governance, and operational risks associated with strategic affiliations, mergers, acquisitions, joint ventures, and other partnership arrangements.
- Advise institutional leaders on compliance implications associated with emerging strategic initiatives, collaborations, and expansion opportunities
- Manage project teams, mentor junior staff, and ensure quality delivery of engagement work products.
- Contribute to business development efforts through proposal development, thought leadership, and client relationship management.
Skills & Tools:
- Strong consulting, project leadership, and relationship management skills with the ability to engage effectively with executive leadership, compliance professionals, attorneys, and university and healthcare stakeholders
- Demonstrated experience leading complex initiatives or assessments, facilitating stakeholder discussions, and managing multidisciplinary project teams.
- Strong written and verbal communication skills, including executive-level presentations and facilitation.
Qualifications:
- Minimum 7 years of experience in consulting, higher education, healthcare, compliance, regulatory affairs, legal services, governance, risk management, or related fields.
- Bachelor's degree from an accredited institution required
- Juris Doctor (J.D.), Master's Degree, MPA, MPH, MBA, or other relevant advanced degree preferred.
- Willingness and ability to travel on a 50% basis annually; work extended hours as necessary
Preferred:
- Prior consulting experience
- Experience working within a university, academic medical center, health system, research institute, government agency, or regulatory organization.
- Experience conducting investigations, compliance assessments, audits, or regulatory reviews.
- Experience in specialized higher education compliance functions, such as athletics compliance, Title IX, Clery Act, research compliance or privacy
- Knowledge of federal regulatory requirements impacting higher education and academic medical centers
- Experience with data privacy, cybersecurity governance, AI governance, or emerging regulatory frameworks.
- Experience supporting organizational transformation, governance redesign, or operating model development.
- Experience supporting intercollegiate athletics programs, including NCAA compliance, athletics governance, NIL compliance, investigations, institutional control assessments, or athletics-related risk management initiatives
- Experience supporting strategic transactions, affiliations, mergers, acquisitions, joint ventures, or large-scale organizational transformations within higher education, healthcare, research, or other highly regulated environments
The estimated base salary for this job is 140,000- $185,000 The actual salary paid to an individual will vary based on multiple factors, including but not limited to specific skills or certifications, years of experience, market changes, and required travel. This job is also eligible to participate in Huron’s annual incentive compensation program, which reflects Huron’s pay for performance philosophy. Inclusive of annual incentive compensation opportunity, the total estimated compensation range for this job is $168,000 - $222,000. The job is also eligible to participate in Huron’s benefit plans which include medical, dental and vision coverage and other wellness programs.
#LI-JH1
#REMOTE
Position Level
ManagerCountry
United States of AmericaSee All 18 Senior Risk Consultant Jobs in Illinois
Find roles in Illinois that match your experience and apply in just a few clicks.
Find Senior Risk Consultant JobsSenior Risk Consultant Jobs by City in Illinois
Where Illinois roles are concentrated, by current openings.
Senior Risk Consultant Job Market in Illinois
A snapshot from current Illinois openings, updated as new roles post.
Who's Hiring
Top Industries Hiring
- Insurance
- Technology & Software
What Illinois Employers Look For
The qualifications that appear most often in senior risk consultant jobs across Illinois.
- Bachelor's degree in risk management, finance, or a related business field required
- Five or more years of experience in enterprise or operational risk management
- Professional certification such as ARM, CRMP, or FRM strongly preferred by Illinois employers
- Demonstrated experience with risk assessment frameworks such as COSO or ISO 31000
- Proficiency in risk management software platforms and data analysis tools
- Strong written communication skills for regulatory reporting and executive presentations
Senior Risk Consultant Jobs in Illinois: Frequently Asked Questions
How do you become a senior risk consultant in Illinois?
The standard path in Illinois begins with a bachelor's degree in risk management, finance, business, or a related field, followed by several years in an analyst or associate risk role at an insurer, bank, or consulting firm. Illinois does not require a state-issued license to practice as a risk consultant, but employers strongly favor professional credentials such as the Associate in Risk Management, Certified Risk Management Professional, or Financial Risk Manager designations. Candidates who progress through roles in Chicago's dense financial services and insurance cluster tend to advance fastest.
How much do senior risk consultants make in Illinois?
Senior risk consultants in Illinois earn a median of about $104,300 a year, based on May 2025 Bureau of Labor Statistics wage data, ranging from around $65,260 for the lowest 10% to over $202,260 for the top 10%. Pay rises with experience, specialty, and employer.
Which companies hire senior risk consultants in Illinois?
Employers hiring senior risk consultants in Illinois right now include Aon, RSM, and Huron Consulting, based on current listings on Migrate Mate as of October 2026. Illinois's mix of global insurance headquarters, large financial institutions, and multinational consulting offices creates consistent, year-round demand for experienced risk professionals.
Which Illinois cities have the most senior risk consultant jobs?
Chicago and Aurora have the most senior risk consultant openings in Illinois. Chicago generates the bulk of postings through its concentration of insurance holding companies, investment banks, and Big Four consulting offices, while Schaumburg and Bloomington attract openings from the suburban campuses of Zurich North America and State Farm, which run large risk and actuarial teams outside the city core.
Are there remote senior risk consultant jobs in Illinois?
Yes, and more than most fields. About 100% of senior risk consultant openings tied to Illinois are remote or hybrid as of October 2026, reflecting the desk-based, analytical nature of most risk consulting work. Roles centered on quantitative modeling, policy development, and regulatory reporting translate most readily to remote arrangements, while positions requiring on-site client engagement or executive advisory work are more likely to require office presence.
How can I get hired as a senior risk consultant in Illinois with little or no experience?
The most realistic entry path is landing an analyst or associate risk role at one of Illinois's large insurers or financial institutions and building toward a senior title from within. Aon, Zurich North America, and major Chicago-area banks regularly hire into rotational risk programs or associate analyst roles for candidates with relevant degrees or internship experience. Transitioning from adjacent positions such as internal auditor, compliance analyst, or financial analyst is a well-worn route, and earning the Associate in Risk Management credential early gives candidates a concrete edge in Illinois interviews.
Where can I find and apply to senior risk consultant jobs in Illinois?
You can find and apply to senior risk consultant jobs in Illinois on Migrate Mate, which lists current Illinois openings. Find roles that fit your experience and apply directly.
See All 18 Senior Risk Consultant Jobs in Illinois
Find roles in Illinois that match your experience and apply in just a few clicks.
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