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IDEX Director, Risk Management in Chicago, Illinois

If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.

With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses ( around the globe, chances are, we have something special for you.

The Risk Manager manages the organizations overall insurance program, working with internal stake holders and outside third-party providers to ensure the company has adequate coverage. The risk manager will identify risks and exposures and provide recommendations to business units, as well as work with business units on implementing property insurer recommendations deemed appropriate.

Responsibilities for Risk Manager:

  • Manage the organization's overall insurance and risk management program

  • Lead the annual insurance policy renewal by working with business units and third-party service providers including brokers and insurers to collect, evaluate and provide risk exposure data to determine appropriate levels of insurance coverage

  • Identify risk areas and develop strategies to mitigate risk exposure to ensure optimum insurance coverage and costs.

  • Design and implement an overall risk management process for the organization, which includes developing action plans to decrease risks factors

  • Lead and direct key risk stakeholders, including coordinating with business units to implement actions items and key recommendations from property insurer

  • Communicate and update property insurers on completed recommendations, action items, and recommendation priorities and changes.

  • Manages insurance claims including communications with insurance adjusters, brokers, and company stakeholders at the business units and corporate office, such as legal and treasury.

  • Prepare risk management and insurance budgets and reports

  • Maintain records of insurance policies and claims


  • 5-7 years of experience leading Risk Management & Insurance or in a senior risk management position

  • Bachelor’s degree in Risk Management, Finance or a related field

  • Strong working knowledge of risk management and thorough understanding of policies and best practices of risk management

  • Strong planning and organizational skills to prioritize multiple projects under pressure and shifting demands and to meet critical deadlines.

  • Excellent verbal and written communication skills.

  • Excellent analytical and problem-solving skills.

  • Excellent organizational skills and attention to detail.

Are you ready to join a different kind of company where our people, our culture, and our commitments are centered around providing trusted solutions that improve lives around the world?

IDEX is an Equal Opportunity Employer and Affirmative Action Employer. IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws (Minorities/Females/Protected Veterans/Disabled).

Job Family: Operations

Business Unit: Corporate

Job Segment: Corporate