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Director Risk Analytics Jobs in Chicago, IL (NOW HIRING)

PremiStar

Risk Manager

Deerfield, IL · On-site

Reporting jointly to the Controller and Director of Safety, this role serves as a strategic partner ... Analyze claim frequency, severity, lag time, and emerging loss trends to drive corrective action ...

FINRA

Principal Analyst, Risk Monitoring

Chicago, IL · Hybrid

FINRA is seeking a Senior Risk Monitoring Analyst to play a pivotal role in safeguarding the ... Direct experience addressing one or more key industry risks, such as: Fraud and Deception, Money ...

Ulta Beauty

Risk Management Analyst

Bolingbrook, IL · On-site

$66K - $84K/yr

THE IMPACT YOU CAN HAVE The Risk Management Analyst supports the organization's workers ... Provide direct information to claimants as needed. * Manage insurance data for reporting purposes.

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All JobsRisk Analytics JobsDirector Risk Analytics JobsDirector Risk Analytics Jobs in Chicago, IL

Director Risk Analytics information

See Chicago, IL salary details

$11.3K

$146.3K

How much do director risk analytics jobs pay per year?

As of Jul 13, 2026, the average yearly pay for director risk analytics in Chicago, IL is $145,262.00, according to ZipRecruiter salary data. Most workers in this role earn between $145,200.00 and $145,200.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Director of Risk Analytics, and why are they important?

To thrive as a Director of Risk Analytics, you need deep expertise in quantitative analysis, risk management frameworks, and a relevant advanced degree such as a master's or PhD in finance, mathematics, or statistics. Familiarity with risk modeling tools, statistical software (like SAS, R, or Python), and regulatory compliance systems is typically required. Outstanding leadership, strategic thinking, and effective communication skills distinguish top performers in this role. These capabilities are crucial for accurately assessing risk, leading analytical teams, and supporting informed decision-making across the organization.

What does a Director of Risk Analytics do?

A Director of Risk Analytics leads a team responsible for identifying, assessing, and mitigating risks that could impact an organization's financial health or operations. They use data analysis and statistical models to evaluate potential threats, develop risk management strategies, and report findings to senior leadership. This role often collaborates with other departments to implement risk controls and ensure compliance with industry regulations. Additionally, the Director of Risk Analytics stays updated on emerging risks and adapts analytics frameworks accordingly to protect the organization.

How does a Director of Risk Analytics typically collaborate with other departments within an organization?

A Director of Risk Analytics frequently works cross-functionally, partnering with departments such as finance, compliance, IT, and operations to identify, assess, and mitigate risks. This role often leads discussions with business leaders to understand strategic objectives and develop data-driven risk management solutions. Effective collaboration ensures that risk policies are aligned with organizational goals and that analytics insights are integrated into decision-making processes across the company. Regular meetings, presentations of risk reports, and joint projects are common ways this collaboration is achieved.

What is the difference between Director Risk Analytics vs Risk Analyst?

AspectDirector Risk AnalyticsRisk Analyst
Required CredentialsBachelor's/Master's in Finance, Economics, or related; often certifications like FRM or CFABachelor's degree in Finance, Economics, or related; certifications like FRM or CFA are a plus
Work EnvironmentStrategic leadership, overseeing teams, high-level decision makingData analysis, risk assessment, reporting
Employer & Industry UsageFinancial institutions, insurance companies, large corporationsFinancial firms, banks, investment companies

The main difference between a Director Risk Analytics and a Risk Analyst lies in their level of responsibility and scope. Directors focus on strategic risk management, leading teams and making high-level decisions, while Risk Analysts handle data analysis and risk assessment tasks. Both roles require similar credentials, but the Director role involves more leadership and strategic planning.

What are the most commonly searched types of Risk Analytics jobs in Chicago, IL? The most popular types of Risk Analytics jobs in Chicago, IL are:
What are popular job titles related to Director Risk Analytics jobs in Chicago, IL? For Director Risk Analytics jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Director Risk Analytics jobs in Chicago, IL look for? The top searched job categories for Director Risk Analytics jobs in Chicago, IL are:
Director Risk Analytics jobs near you
Infographic showing various Director Risk Analytics job openings in Chicago, IL as of July 2026, with employment types broken down into 1% Internship, 91% Full Time, 6% Part Time, and 2% Contract. Highlights an 79% Physical, 5% Hybrid, and 16% Remote job distribution, with an average salary of $145,262 per year, or $69.8 per hour.

Senior Vice President, Risk & Portfolio Analytics

Unison Risk Advisors

Chicago, IL • On-site

Full-time

Posted 19 days ago

Job description

Position Summary
The Senior Vice President, Risk & Portfolio Analytics role will be based in our Chicago office and will lead the analytics function across all platform MGAs and play a critical role in shaping underwriting strategy. This role serves as an independent, data-informed voice to the business, providing portfolio insight, pricing discipline, and performance analysis that support sound underwriting and capital decisions.
This is a senior leadership role spanning portfolio management, actuarial oversight, catastrophe risk analysis (RMS), business intelligence, and product review. The successful candidate will build and mentor a high-performing team, strengthen analytics capabilities across the organization, and partner closely with underwriting, technology, finance, and risk capital stakeholders.
Key Responsibilities
• Lead the analytics function by delivering portfolio reporting, deep-dive performance analysis, and actionable insight into underwriting trends across the group.
• Translate complex data into clear decision support for senior leadership, underwriting teams, and external stakeholders through well-structured reports, exhibits, and data visualizations.
• Oversee business intelligence and reporting capabilities, including the continued development of our reporting dashboard platform and other automated reporting tools in partnership with the software development team.
• Provide regular management reporting on key portfolio KPIs across the underwriting platform.
• Direct actuarial and exposure management activities, including rate methodology reviews, pricing adequacy assessments, exposure monitoring, and portfolio trend analysis by geography and class of business.
• Produce ad hoc portfolio and carrier analytics, including premium, aggregate, and modelling projections, to support business planning and stakeholder requests.
• Perform actuarial analysis, including loss ratio projections, technical loss picks, projection oversight, and coordination with external actuarial partners where appropriate.
• Oversee catastrophe risk modelling workflows for property lines and provide concise, decision-ready exposure accumulation reporting to business leaders.
• Review new products and contract structures to ensure pricing adequacy, technical soundness, and readiness for market rollout.
• Establish and maintain robust documentation for pricing frameworks, portfolio modelling methodologies, and internal analytics processes.
• Build, mentor, and develop a high-performing team of analytically strong professionals while fostering a culture of curiosity, rigor, and continuous improvement.
Qualifications
The ideal candidate will bring a strong blend of technical expertise, commercial judgment, and leadership capability.
Key Qualifications:
• Significant experience within an insurance carrier, reinsurance company, underwriting agency, MGA/MGU, or international insurance or reinsurance broker.
• A strong foundation in actuarial science; progress toward or completion of ACAS, FCAS, or an equivalent analytical credential is preferred.
• Demonstrated knowledge of ISO-based pricing methodologies and commercial property and casualty rating structures.
• Demonstrated experience working with risk modelling platforms, including RiskModeler (RMS).
• Hands-on experience with advanced analytical and reporting tools such as SQL, Python, Power BI, Sigma, or proprietary insurance systems.
• A proven ability to communicate complex analytical issues clearly and credibly to executive leadership, underwriting teams, and external stakeholders.
• Strong leadership skills, including the ability to recruit, mentor, and develop high-potential analytical talent.
• A collaborative, intellectually curious approach with the confidence to provide independent challenge and constructive insight together with the ability to communicate complex themes clearly at all levels of the organization and to key stakeholders.
SSalary Range: $120,000-$200,000

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