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Senior AVP Risk Manager role at Zurich North America, overseeing risk governance across business units.
Hybrid location in Schaumburg, IL, with competitive pay and comprehensive benefits.
AVP Risk Manager (Reporting)
Zurich North America is seeking an AVP – Risk Manager to provide second line oversight and governance across business units. This role partners with senior stakeholders to ensure risk management practices are effectively embedded, supports risk-informed decision making, and ensures alignment with enterprise and regulatory expectations.
The AVP – Risk Manager provides independent oversight, objective review, and guidance of business unit risk activities to ensure strong governance, regulatory alignment, and adherence to enterprise risk management standards. This role is responsible for leading and supporting key risk governance processes, partnering with business stakeholders, and delivering timely, high-quality risk insights and reporting.
Lead and support risk and control reporting for local executives, including coordination, review, and follow-up on key risk outputs.
Support local risk & control and Assurance Coordinator activities to ensure effective governance, alignment, and execution of risk-related deliverables.
Oversee and contribute to the ZAIC Quarterly Risk Report process, ensuring quality, completeness, and timely delivery of risk inputs and reporting.
Serve as the risk partner for the US Joint Venture and other local business units, providing oversight, guidance, and challenge on risk matters and governance activities.
Support ORSA activities, including coordination, review, and consolidation of inputs to enable effective risk assessment and enterprise reporting.
Basic Qualifications:
- Bachelors Degree in Risk Management and 7 or more years of experience in the Risk Management área OR
- High School Diploma or Equivalent and 9 or more years of experience in the Risk Management área OR
- Zurich Certified Insurance Apprentice including an Associate Degree in Risk Management and 7 or more years of experience in the Risk Management área AND
- 7 or more years in the insurance or financial industry, including experience in different technical functions
- Knowledge in risk management or risk engineering
Preferred Qualifications:
- Strong ability to challenge and influence senior stakeholders
- Experience with risk frameworks, governance, and regulatory expectations
- Proven ability to manage multiple priorities and deliver high-quality outputs
- Strong written and verbal communication skills
- Advanced degree and/or professional risk or finance certification
- Demonstrates independent judgment and effective challenge
- Applies an enterprise-wide perspective to risk assessment and decision-making
- Influences outcomes in a matrixed environment
- Ensures strong governance, execution, and delivery discipline
- Builds capability through coaching and enablement across teams
Compensation and Benefits:
Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply—your unique background matters to us.
The pay range shown is a national average and may vary by location. The proposed salary range for this position is $110,220 - $180,510, with short-term incentive bonus eligibility set at 20%.
We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here .]
Why Zurich?
At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment—so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500®.
Join us for a brighter future—for yourself and our customers.
Equal Opportunity and Legal Notice:
Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets.
Zurich complies with 18 U.S. Code § 1033.
Recruitment Policy:
Please note: Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal.
Location and Working Details:
Location(s): AM - Schaumburg Remote Working: Hybrid Schedule: Full Time Employment Sponsorship Offered: No
LinkedIn Recruiter Tag:
Linkedin Recruiter Tag: #LI-MG1 #LI-DIRECTOR