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Associate Risk Analyst Jobs in Riverwoods, IL (NOW HIRING)

Chase

Environmental Credit Risk Sr Officer

Chicago, IL · On-site

As an Environmental Credit Risk Associate on the Commercial and Investment Bank Credit Risk Management Team, you will be responsible for reviewing and analyzing environmental reports for real estate ...

BDO

IT Senior Manager, Risk Advisory Services

Chicago, IL · On-site

$160 - $190/hr

Ensures that the client service team appropriately analyze client's processes, risks and controls ... Supervises the workload of Managers, Senior Associates and Associates, as needed, on assigned ...

IMA Financial Group

Risk Control Advisor

Chicago, IL · On-site

$100K - $200K/yr

Analyze losses and publish Loss Analysis to determine areas for improvement. * Ability to ... We've built a reputation for putting our associates first What if we told you that you could be an ...

Prime Healthcare

Risk Management Manager

Chicago, IL · On-site

$71 - $102/hr

Evaluates risk management program(s) through the use of data capture, follow up and trend analysis ... Associate in Risk Management (ARM) or Certified Professional in Healthcare Risk Management (CPHRM ...

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Showing results 41-60

All JobsAssociate Risk Analyst JobsAssociate Risk Analyst Jobs in Riverwoods, IL

Associate Risk Analyst information

See Riverwoods, IL salary details

$15

$42

$68

How much do associate risk analyst jobs pay per hour?

As of Sep 7, 2026, the average hourly pay for associate risk analyst in Riverwoods, IL is $42.03, according to ZipRecruiter salary data. Most workers in this role earn between $30.96 and $51.15 per hour, depending on experience, location, and employer.

What does an associate risk analyst do?

An Associate Risk Analyst helps organizations identify, assess, and manage potential risks that could affect their operations or financial stability. Their daily tasks often include analyzing data, preparing risk reports, evaluating risk management policies, and supporting senior analysts in developing strategies to mitigate potential threats. They typically work in industries such as finance, insurance, or consulting, and use various analytical tools to detect and evaluate risks. Strong analytical, communication, and problem-solving skills are important for success in this role.

What are the key skills and qualifications needed to thrive as an associate risk analyst, and why are they important?

To thrive as an Associate Risk Analyst, you need strong analytical abilities, attention to detail, and a background in finance, economics, or a related field—often supported by a bachelor’s degree. Familiarity with risk assessment software, data analysis tools like Excel or SAS, and knowledge of regulatory frameworks are typically required. Effective communication, problem-solving, and teamwork are vital soft skills that help you convey findings and collaborate across departments. These skills ensure accurate risk evaluation, compliance, and informed decision-making to protect organizational interests.

What are some common challenges an associate risk analyst faces during the first year on the job?

New Associate Risk Analysts often encounter challenges such as adapting to fast-paced environments, understanding complex risk models, and learning to interpret large volumes of data accurately. Balancing multiple projects and meeting deadlines while maintaining attention to detail can also be demanding. Additionally, collaborating effectively with team members from different departments, such as compliance and finance, requires strong communication skills and a willingness to learn from experienced colleagues.

What is the difference between Associate Risk Analyst vs Risk Analyst?

AspectAssociate Risk AnalystRisk Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; some certifications like FRM or CRMBachelor's or master's degree; often holds certifications like FRM, CRM, or CRC
Work EnvironmentEntry-level position in finance, insurance, or banking firms; supervised environmentMore experienced role; involved in complex risk assessments and decision-making
Employer & Industry UsageCommon in banking, insurance, and financial servicesUsed across similar industries, often with more responsibility

The main difference between an Associate Risk Analyst and a Risk Analyst lies in experience and responsibility. The Associate Risk Analyst is an entry-level role focusing on supporting risk assessments, while the Risk Analyst handles more complex analysis and decision-making. Both roles require similar educational backgrounds and certifications, but the Risk Analyst typically has more experience and autonomy in their work.

Do risk analysts make good money?

Risk analysts typically earn a competitive salary that varies by industry, experience, and location. Entry-level positions often start around $60,000 annually, with experienced analysts earning over $100,000, especially in finance or insurance sectors. Skills in data analysis, risk assessment, and certifications like FRM or CFA can enhance earning potential.

How much do associate risk analysts get paid?

Associate risk analysts typically earn a median annual salary of around $60,000 to $70,000, depending on experience, location, and industry. Entry-level positions may start lower, while those with specialized skills or certifications can earn higher salaries. Compensation often includes benefits such as health insurance and retirement plans.

Is risk analyst a hard job?

A risk analyst role involves analyzing data to identify potential risks and developing strategies to mitigate them, which requires strong analytical skills, attention to detail, and proficiency with data analysis tools. The job can be demanding due to the need for accuracy, problem-solving, and often working under tight deadlines, but it is manageable with proper training and experience.

What are popular job titles related to Associate Risk Analyst jobs in Riverwoods, IL?

For Associate Risk Analyst jobs in Riverwoods, IL, the most frequently searched job titles are:

What job categories do people searching Associate Risk Analyst jobs in Riverwoods, IL look for?

The top searched job categories for Associate Risk Analyst jobs in Riverwoods, IL are:

What cities near Riverwoods, IL are hiring for Associate Risk Analyst jobs?

Cities near Riverwoods, IL with the most Associate Risk Analyst job openings:

Associate Risk Analyst jobs near you
Infographic showing various Associate Risk Analyst job openings in Riverwoods, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 67% In-person, and 33% Remote job distribution, with an average salary of $87,429 per year, or $42 per hour.

Personal Risk Advisor

USI Holdings Corporation

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 3 days ago

Key responsibilities

  • Cultivate relationships with partners, trusted advisors, and centers of influence within the high net worth and family office marketplace.

  • Design and implement risk management insurance programs to protect personal assets, exposures, and lifestyles of high net worth individuals and families.

  • Prepare and execute strategic sales plans to identify, qualify, and attract prospective clients, and deliver targeted revenue growth through client retention and new revenue strategies.

Job description

Description and Requirements
General Description:
The USI Insurance Services Personal Risk Practice provides comprehensive risk management and insurance consultation to high net worth individuals and family offices with complex financial and insurance needs. The Private Risk Advisor (PRA) is an outside sales position responsible for cultivating relationships with all partners and entities within USI, strategic partners and centers of influence specifically focused on the high net worth and family office marketplace.
Job Description
  • Promote the USI Private Risk Advisorsuite of solutions by cultivating robust business partnerships and relationships with centers of influence (COIs) and trusted advisors to financially successful families.
  • Attract new clients to Private Risk that meet the minimum client profile standards.
  • Design risk management insurance programs to protect the personal assets, exposures and lifestyles of high net worth individuals, families and family offices
  • Implement comprehensive risk analysis reviews focused on identifying personal, professional and business exposures and addressing them with a suite of proprietary solutions and collective knowledge of the USI dedicated Personal Risk team.
  • Prepare and executes strategic sales plans for identifying and qualifying prospective clients, building a network of Centers of Influence and being a thought leader within the wealth management industry.
  • Deliver targeted profitable revenue growth through new revenue generation and client retention strategies in partnership with a client service team
  • Deliver exceptional client experiences utilizing a customized consultative selling approach, positioning the value and focus of the client service team and their ongoing stewardship of the programs.
  • Create & deliver professional presentations and proposals to internal and external clients and prospects illustrating the USI value proposition, industry trends and customized insurance solutions.
  • Position value added services and partnerships to key stakeholders and trusted advisors for mutual client and prospect benefit
  • expertise is maintained at the highest levels.
  • Gain and develop knowledge of industry trends as well as advise and influence development of innovative, bespoke solutions in response to client needs.
  • Engage, introduce and position value-added third-party subject matter experts in response to client needs.

Knowledge, Skills and Abilities:
  • 5+ years of High Net Worth sales experience
  • Excellent verbal, written, and interpersonal communication skills
  • Excellent presentation skills
  • Solid conflict resolution capabilities
  • Microsoft Office program proficiency
  • Ability to work effectively in a team environment where strong independent thinking skills are important
  • Ability to delegate effectively
  • Established network of COI's and a proven track record of sales success
  • Must possess a current P&C License

Why USI?
With approximately $3 billion in revenue and over 10,500 associates across approximately 200 offices nationwide, USI is one of the largest insurance brokerage and consulting firms in the world. At USI, we have created one of the most dynamic personal and professional development cultures in the industry. We invest heavily in our associates, and we take pride in celebrating their growth and success through our one-of-a-kind employee reward and recognition programs.
Unrivaled Resources and Support
What truly distinguishes USI as a premier insurance brokerage and consulting firm is the USI ONE Advantage®, a game-changing value proposition that delivers to clients a robust set of risk management and benefit solutions with bottom-line financial impact. USI ONE® represents Omni, Network, Enterprise-the three key elements that set USI apart from the competition. Through USI ONE, we develop strategic, timely, and effective risk management and benefit programs in terms that are easy to understand, and we demonstrate how the solutions can have a positive economic impact.
Premier Sales Rewards, Industry-Leading Programs, and RecognitionIn addition to competitive pay and commission, incentives, and benefits, USI recognizes our top sales associates through USI PEAK, recognizing and rewarding our sales professionals for achieving superior results. USI offers employee programs that recognize outstanding achievement and help our associates lead healthy, productive lives. We turn care into action with our award-winning wellness program, college scholarships for associates' children, and financial help in times of need.
Deep Community Engagement
We are committed to giving back to our local communities and supporting a culture of environmental sustainability. From sharing our time, talent, and resources to support local non-profit organizations, animal shelters, and environmental beautification and restoration projects - to partnering with eco-conscious vendors and taking steps to reduce our own environmental footprint - we're working together as ONE to build a better future.
Committed to a Diverse and Inclusive Workplace
Our award-winning I'm With U diversity and inclusion program educates our associates to help them better understand and serve our clients, prospects, fellow team members, and local communities through curated education and training resources, employee support programs, and community outreach initiatives to build a more diverse, equitable, and inclusive culture.
Nationally Recognized as a Top Insurance Employer
  • Recognized as one of Insurance Business America's Top Insurance Employers eight consecutive years (2018-2025).
  • Named to Business Insurance's annual list of the Best Places to Work in Insurance six years in a row (2020-2025).
  • Named to Fortune's Best Workplaces in Financial Services & Insurance list for the last two years (2024-2025).
  • Certified as a Great Place To Work two years in a row (2024-2025).

Visit our Awards and Accolades page for a complete list of our latest industry awards and recognitions!
Actual salary is dependent on skill set and experience, with an opportunity for commissions. USI is committed to providing a full-suite of competitive benefits for our growing population and its diverse needs. We offer a wide range of health, welfare, and financial benefits, including medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance, and other unique employer-sponsored and voluntary programs. USI also offers a generous paid time off policy, paid family leave benefits as well as paid holiday time.
$125,000-$175,000

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