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Entry Level Risk Analyst information

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How much do entry level risk analyst jobs pay per hour?

As of Jun 14, 2026, the average hourly pay for entry level risk analyst in Birmingham, AL is $37.94, according to ZipRecruiter salary data. Most workers in this role earn between $27.93 and $46.20 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the Entry Level Risk Analyst position, and why are they important?

To thrive as an Entry Level Risk Analyst, you need strong analytical abilities, attention to detail, and a foundational understanding of finance, economics, or a related field, often supported by a relevant bachelor’s degree. Familiarity with risk management software, Excel, and data analysis tools is advantageous, and some companies value certifications like FRM or CFA Level I. Excellent communication, problem-solving skills, and the ability to work collaboratively make candidates stand out in this role. These skills and qualities are critical for accurately assessing risks, providing actionable insights, and supporting effective decision-making within the organization.

What is an Entry Level Risk Analyst job?

An Entry Level Risk Analyst is responsible for identifying, assessing, and mitigating risks that could impact an organization’s financial stability and operations. They analyze data, create reports, and assist in developing risk management strategies under the guidance of senior analysts. This role typically involves working with financial models, market trends, and regulatory guidelines to support decision-making. Strong analytical skills, attention to detail, and proficiency in risk assessment tools are essential for success in this position.

What are some typical challenges faced by Entry Level Risk Analysts, and how can new hires prepare for them?

Entry Level Risk Analysts often face challenges such as quickly interpreting large volumes of complex data, adapting to evolving regulatory requirements, and learning industry-specific risk assessment methodologies. New hires can prepare by familiarizing themselves with common risk metrics, staying updated on regulatory changes, and practicing effective data analysis. It's also helpful to proactively seek guidance from more experienced team members and participate in relevant training sessions. With diligence and curiosity, most analysts develop confidence and expertise rapidly in this collaborative, knowledge-driven work environment.

What are the most commonly searched types of Risk Analyst jobs in Birmingham, AL? The most popular types of Risk Analyst jobs in Birmingham, AL are:
What are popular job titles related to Entry Level Risk Analyst jobs in Birmingham, AL? For Entry Level Risk Analyst jobs in Birmingham, AL, the most frequently searched job titles are:
What job categories do people searching Entry Level Risk Analyst jobs in Birmingham, AL look for? The top searched job categories for Entry Level Risk Analyst jobs in Birmingham, AL are:
What cities near Birmingham, AL are hiring for Entry Level Risk Analyst jobs? Cities near Birmingham, AL with the most Entry Level Risk Analyst job openings:
Entry Level Risk Analyst jobs near you
Senior Risk Management Coordinator

Senior Risk Management Coordinator

Encompass Health

Birmingham, AL

Other

Medical, Dental, Vision, Retirement, PTO

Posted 28 days ago

Encompass Health rating

6.9

Company rating: 6.9 out of 10

Based on 405 frontline employees who took The Breakroom Quiz

452nd of 872 rated healthcare providers

Job description

Join us on the heart-warming journey with a team that is a top leader in the rehabilitation industry

Encompass Health is the leader in the inpatient rehabilitation industry, you'll feel the Encompass Health difference as soon as you join. We collaborate and provide high-quality, compassionate, individualized care for our patients, allowing us time to get to know them and help them achieve their goals during their rehabilitation journey. 

 

Position Purpose

 The Senior Risk Management Coordinator evaluates and manages assigned claims, prepares and submits internal/external required reports, assists hospitals with policy and procedure issues, assists hospitals with loss prevention programs, assists with hospital education and assists hospitals with investigations/evaluation of current incidents. 

Responsibilities & Tasks

  • Demonstrates knowledge of principles/practices of healthcare risk management. 

  • Understands insurance coverage, risk reduction/control, claims administration, investigations, etc. 

  • Serves as resource for entry level risk position staff. 

  • Assists with investigation/analysis of potential and actual exposures in the company. 

  • Evaluates the extent and elements of exposure and recommends actions for risk mitigation. 

  • Investigates, evaluates, and documents occurrences, claims, and litigation. 

  • Recommends resolution; confirms authority in compliance with policy on Claims Handling Guidelines. 

  • Completes diaries within 90 days. 

  • Prepares and submits internal/external required reports. 

  • Assists hospitals with loss prevention programs. 

  • Uses every possible opportunity to educate hospital staff on key risk/loss prevention theory. 

  • Stays current via newspapers, periodicals, industry-related materials, associations, etc. 

  • Understands and utilizes company resources where appropriate. 

  • Networks with co-workers to share best practices. 

  • Understands different departments and their role in the corporate office. 

  • Develops strategies and aligns work to achieve goals. 

Minimum Qualifications

  • Bachelor's degree in business administration, public policy, hospital administration, or a related field required 

  • Juris Doctorate degree preferred, but not required 

  • Preferred 2-4 years of experience in patient care, public policy, health care administration, business administration, legal support for insurance/claims investigation, and/or settlement. 

A little about us

We're confident you'll see the difference the moment you join our team. Working at Encompass Health means working with a growing national inpatient rehabilitation leader. We're proud of our career growth opportunities and how our team members work together for the greater good of our patients. We've been named one of the "World's Most Admired Companies" and a Fortune 100 Best Companies to Work For Award, among others, which is pretty amazing. 

Our benefits start day one

  • Affordable medical, dental and vision plans for full-time and part-time employees and their families.

  • Generous paid time off that accrues over time.

  • Tuition reimbursement and continuing education opportunities.

  • Company-matching 401(k) and employee stock purchase plans.

  • Flexible spending and health savings accounts.

  • A community of people who love what they do. Yes, we see that as a benefit.

What Encompass Health employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

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About Encompass Health

Sourced by ZipRecruiter

Helping patients regain hope and independence, Encompass Health is a national leader in post-acute care. We operate rehabilitation hospitals in 36 states as well as Puerto Rico. Following the Encompass Way, we are driven by our core values: We proudly set the standard, lead with empathy, do what's right, focus on the positive, and remain stronger together.

Industry

Hospitals

Company size

10,000+ Employees

Headquarters location

Birmingham, AL, US

Year founded

1984

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