ASSISTANT COMPTROLLER- RISK MANAGEMENT

JOB ANNOUNCEMENT

Assistant Comptroller - Risk Management

DEPARTMENT of FINANCE

Division of Risk Management

Number of Positions: 1

(Additional vacancies pending budget approval possible)

Starting Salary: $121,668.00

(New hires are paid the starting rate. Current employers' pay rate is determined by their job title and years of service.)

Applications for this position will be accepted until 11:59pm CDT on 09/26/2025.

Under direction, manages the City of Chicago's insurance broker team and directs the City's property/liability insurance program that includes negotiations (pricing coverage), monitoring effectiveness, reducing risk, and claims management, and performs related duties as required.

ESSENTIAL DUTIES

* Assists in the overall procurement of the City's insurance program (purchasing, coordinating, and maintaining all lines of insurance); reviews and leads negotiations coverage in coordination with department staff; secures broad coverage/insurance at competitive prices for all City insurance programs; reviews and evaluates insurance policies for completeness and accuracy.

* Supports the City's insurance broker team and insurer relationships concerning insurance procurement, account management, claims management, safety and loss control, and all other risk management programs, thereby mitigating risks for the City.

* Manages contractual risk transfer for all City contracts including reviewing and evaluating City contracts and agreements and establishes insurance provisions to transfer risk, negotiates terms and addresses all questions related to the insurance provisions; remains up to date on changes in the insurance industry, insurance case law and any other risk transfer related issues.

Additional duties may be required for this position

Location: 2 N. La Salle, Floor 13

Days: Monday - Friday

Hours: 8:30 am - 4:30 pm

THIS POSITION IS NOT IN CAREER SERVICE

Graduation from an accredited college or university with a bachelor's degree in Accounting, Risk Management, Finance, Public Administration or a directly related field plus five years of professional financial management experience of which three years are in a supervisory role related to the responsibilities of the position, or an equivalent combination of education, training and experience, provided that the minimum degree requirement is met.

Preference will be given to candidates possessing the following:

* Experience developing insurance requirements.

* Supervisory experience

* Knowledge of insurance company procedures

* Knowledge of City of Chicago procurement process

* Knowledge of agent/brokerage operations

SELECTION REQUIREMENTS

This position requires applicants to complete an interview which will include a written exercise and/or a skills assessment test as part of the interview. The interviewed candidate(s) possessing the qualifications best suited to fulfill the responsibilities of the position, based on the oral and written parts of the interview will be selected.

For Information on our employees benefits please visit our benefits website at:

https://www.chicago.gov/city/en/depts/fin/benefits-office.html

For Information on our salary and title structure visit our classifications website at:

https://www.chicago.gov/content/dam/city/depts/dhr/supp_info/JobClassification/2025_Classification_and_Pay_Plan.pdf

APPLICATION EVALUATION: Initial evaluation will be based on information provided on the application and the documents submitted. The Department of Human Resources staff will review applications after the final posting date. Staff will follow any and all required Employment/Hiring Plan provisions, federal, state and local laws, and Collective Bargaining Agreements when applicable. Staff will apply hiring preferences as required by the municipal code. Placement on an eligibility list is not an offer or guarantee of an interview nor employment with the City of Chicago.

COMMITMENT TO DIVERSITY: To further our commitment to hiring applicants with diverse experience the City of Chicago has adopted the following ordinances 2-74-020 and 2-74-075. The ordinances provide a preference for applicants who meet minimum qualifications and who are veterans of the Armed Forces, and/or residents of Socio-Economically Disadvantaged Areas (SEDA) and/or Chicago Public School (CPS) high school graduates to be referred to departments for consideration. These hiring preferences do not apply to bidders, as Collective Bargaining Agreements define the hiring process for bidders. For positions covered by a collective bargaining agreement, bidders will be considered before external candidates. To learn more about our hiring practices click here.

ALL REFERENCES TO POLITICAL SPONSORSHIP OR RECOMMENDATION MUST BE OMITTED FROM ALL APPLICATION MATERIALS SUBMITTED FOR CITY EMPLOYMENT.

The City of Chicago in an Equal Employment Opportunity, Military Friendly, and Fair Chance Employer.

City of Chicago

Brandon Johnson, Mayor