Risk Manager Visa Sponsorship Jobs in Illinois
Illinois risk manager roles are concentrated in Chicago's financial district, where major employers like JPMorgan Chase, Allstate, Northern Trust, and Aon have sponsored international candidates for operational, credit, and enterprise risk positions. The broader metro area also draws hiring from healthcare systems and insurance carriers headquartered in the region.
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Get Access To All JobsINTRODUCTION
Jones Lang LaSalle in partnership with Aon is seeking a Risk Manager!
Jones Lang LaSalle (JLL) is looking for a Risk Manager to join its global team. The position reports to the Director of Risk Management. This is a tremendous opportunity for someone looking to grow their experience as well as career!
Work Style: Hybrid - work in the downtown Chicago office 2-3 days a week.
ROLE AND RESPONSIBILITIES
The qualified Risk Manager will have 5-7 years of relevant (insurance, brokerage, risk management) experience to assist in running our corporate General Liability, Auto, Pollution, Aviation, and Umbrella insurance programs, including a captive insurance structure. A successful applicant will demonstrate a strong understanding of how to build insurance programs. They will handle programs, negotiate sophisticated contracts, and serve as a technical expert for internal teams and business leaders. Your primary objective will be to enable business growth and support client engagements while protecting the firm's balance sheet through effective risk management. This role requires collaboration with teams across the world and may involve occasional travel.
Key Responsibilities:
- Insurance Program & Renewal Management: Lead the annual renewal process for liability insurance programs, advise on strategy and market conditions to data analysis and program structuring to optimize coverage, risk retention, and total cost of risk (TCOR).
- Business Partnership & Advisory: Serve as the primary risk management resource for internal business divisions. Provide expert advice on insurance needs, contractual risk transfer, and indemnity provisions. Explain complex insurance concepts during client negotiations and present on risk management topics to enhance business-wide understanding.
- Stakeholder & Vendor Relations: Cultivate relationships and partner with external interested parties, including insurance brokers, underwriters, and captive managers, to advocate for the firm's interests and ensure optimal service and program performance.
- Contract Review & Negotiation: Advise on all insurance and risk-related provisions within new and existing client and vendor contracts, ensuring the firm's assets and interests are protected.
- Financial Oversight: Partner with the Finance department on program budgeting, forecasting, allocations, and the timely payment of all related invoices.
BASIC QUALIFICATIONS
- Bachelor's degree or equivalent experience in Risk Management, Finance, Business, or a related field.
- Demonstrated ability in risk management, insurance brokerage, or carrier environment.
- Strong experience with General Liability and Auto insurance and Umbrella Liability programs.
- Proven experience negotiating insurance provisions in commercial contracts.
- Strong analytical skills, with proficiency in Microsoft Excel for crafting charts and graphs.
- Strategic problem solver who pays attention to detail and has excellent communication and presentation skills. Able to explain technical insurance concepts in business terms to many audiences.
PREFERRED QUALIFICATIONS
- Professional certifications such as Associate in Risk Management (ARM) or Certified Risk Manager (CRM) or similar.
- Demonstrable experience using and leveraging AI tools to enhance business processes and outcomes is a plus.
For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.
Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
COMPENSATION
- The salary range for this position (intended for U.S. applicants) is $100,000 to $150,000 annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s geographic location.
The salary range reflected is based on a primary work location of Chicago, IL. The actual salary may vary for applicants in a different geographic location.
This position is eligible to participate in one of Aon’s annual incentive plans to receive an annual discretionary bonus in addition to base salary. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.
BENEFITS
Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.
#LI-MB1
#LI-HYBRID
INTRODUCTION
Jones Lang LaSalle in partnership with Aon is seeking a Risk Manager!
Jones Lang LaSalle (JLL) is looking for a Risk Manager to join its global team. The position reports to the Director of Risk Management. This is a tremendous opportunity for someone looking to grow their experience as well as career!
Work Style: Hybrid - work in the downtown Chicago office 2-3 days a week.
ROLE AND RESPONSIBILITIES
The qualified Risk Manager will have 5-7 years of relevant (insurance, brokerage, risk management) experience to assist in running our corporate General Liability, Auto, Pollution, Aviation, and Umbrella insurance programs, including a captive insurance structure. A successful applicant will demonstrate a strong understanding of how to build insurance programs. They will handle programs, negotiate sophisticated contracts, and serve as a technical expert for internal teams and business leaders. Your primary objective will be to enable business growth and support client engagements while protecting the firm's balance sheet through effective risk management. This role requires collaboration with teams across the world and may involve occasional travel.
Key Responsibilities:
- Insurance Program & Renewal Management: Lead the annual renewal process for liability insurance programs, advise on strategy and market conditions to data analysis and program structuring to optimize coverage, risk retention, and total cost of risk (TCOR).
- Business Partnership & Advisory: Serve as the primary risk management resource for internal business divisions. Provide expert advice on insurance needs, contractual risk transfer, and indemnity provisions. Explain complex insurance concepts during client negotiations and present on risk management topics to enhance business-wide understanding.
- Stakeholder & Vendor Relations: Cultivate relationships and partner with external interested parties, including insurance brokers, underwriters, and captive managers, to advocate for the firm's interests and ensure optimal service and program performance.
- Contract Review & Negotiation: Advise on all insurance and risk-related provisions within new and existing client and vendor contracts, ensuring the firm's assets and interests are protected.
- Financial Oversight: Partner with the Finance department on program budgeting, forecasting, allocations, and the timely payment of all related invoices.
BASIC QUALIFICATIONS
- Bachelor's degree or equivalent experience in Risk Management, Finance, Business, or a related field.
- Demonstrated ability in risk management, insurance brokerage, or carrier environment.
- Strong experience with General Liability and Auto insurance and Umbrella Liability programs.
- Proven experience negotiating insurance provisions in commercial contracts.
- Strong analytical skills, with proficiency in Microsoft Excel for crafting charts and graphs.
- Strategic problem solver who pays attention to detail and has excellent communication and presentation skills. Able to explain technical insurance concepts in business terms to many audiences.
PREFERRED QUALIFICATIONS
- Professional certifications such as Associate in Risk Management (ARM) or Certified Risk Manager (CRM) or similar.
- Demonstrable experience using and leveraging AI tools to enhance business processes and outcomes is a plus.
For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.
Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
COMPENSATION
- The salary range for this position (intended for U.S. applicants) is $100,000 to $150,000 annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s geographic location.
The salary range reflected is based on a primary work location of Chicago, IL. The actual salary may vary for applicants in a different geographic location.
This position is eligible to participate in one of Aon’s annual incentive plans to receive an annual discretionary bonus in addition to base salary. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.
BENEFITS
Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.
#LI-MB1
#LI-HYBRID
Risk Manager Job Roles in Illinois
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Search Risk Manager Jobs in IllinoisRisk Manager Jobs in Illinois: Frequently Asked Questions
Which companies in Illinois sponsor visas for risk managers?
Chicago-based financial institutions and insurance firms are the most active sponsors for risk manager roles in Illinois. Companies like JPMorgan Chase, Northern Trust, Allstate, Aon, and CME Group have documented H-1B visa sponsorship histories for risk-related positions. Large healthcare systems such as Northwestern Medicine and Advocate Health also hire risk managers and have sponsored international candidates through employer petition processes.
Which visa types are most common for risk manager roles in Illinois?
The H-1B is the most common visa for risk manager positions in Illinois, given that the role typically requires a bachelor's degree or higher in finance, economics, or a related field and qualifies as a specialty occupation. Candidates from Australia may pursue the E-3 visa. Those with extraordinary ability in quantitative risk disciplines may qualify for the O-1A. Intracompany transferees at multinational firms can use the L-1B for specialized knowledge.
Which cities in Illinois have the most risk manager visa sponsorship jobs?
Chicago accounts for the overwhelming majority of risk manager sponsorship activity in Illinois. The Loop and River North financial districts house the regional headquarters of banks, insurance carriers, and financial services firms that regularly hire for enterprise, credit, and operational risk roles. Suburban corridors near Oak Brook and Schaumburg also have employer presence, particularly in insurance and corporate risk management, though sponsorship frequency there is lower than in the city.
How to find risk manager visa sponsorship jobs in Illinois?
Migrate Mate is the most direct way to find risk manager roles in Illinois where employers are open to visa sponsorship. You can filter specifically for risk management positions in Illinois, removing the guesswork of identifying which postings are sponsorship-eligible. Given that Chicago's financial and insurance sectors drive most of this hiring, filtering by industry can further narrow results to the most active sponsoring employers in the state.
Are there any Illinois-specific factors that affect visa sponsorship for risk managers?
Illinois employers sponsoring H-1B candidates for risk manager roles must meet Department of Labor prevailing wage requirements, which reflect the concentration of high-paying financial services jobs in the Chicago metro area. The University of Illinois and University of Chicago produce a steady pipeline of quantitative finance and economics graduates, which means some employers are already familiar with OPT-to-H-1B transitions for risk roles. Regulatory-heavy industries like banking and insurance tend to prioritize sponsorship for specialized risk talent not readily available domestically.
What is the prevailing wage for sponsored risk manager jobs in Illinois?
U.S. employers sponsoring a visa must pay at least the prevailing wage, which is what workers in the same role, area, and experience level typically earn. The Department of Labor sets this rate to make sure companies aren't hiring foreign workers simply because they'd accept lower pay than a U.S. worker. It varies by job title, location, and experience. You can look up current prevailing wage rates for any occupation and location using the OFLC Wage Search page.