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Entry Level Risk Analyst Jobs in Lockport, IL (NOW HIRING)

Within our Risk Consulting practice, you will focus on creating applications that revolutionize ... PwC does not intend to hire experienced or entry level job seekers who will need, now or in the ...

... reducing risk. In this role, you will review and analyze complex tax data and support internal ... PwC does not intend to hire experienced or entry level job seekers who will need, now or in the ...

Entry-Level Petroleum Inspector - Romeoville, Illinois Intertek, a leading provider of quality and ... Intertek Caleb Brett provides specialized Cargo inspection and analytical assessment services to ...

Entry-Level Petroleum Inspector - Romeoville, Illinois Intertek, a leading provider of quality and ... Intertek Caleb Brett provides specialized Cargo inspection and analytical assessment services to ...

This is an excellent entry-level opportunity for an early-career engineer seeking to build ... Collect and analyze basic equipment performance and downtime data * Support equipment parameter ...

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Entry Level Risk Analyst information

See Lockport, IL salary details

$15

$40

$66

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

As of Jul 13, 2026, the average hourly pay for entry level risk analyst in Lockport, IL is $40.61, according to ZipRecruiter salary data. Most workers in this role earn between $29.90 and $49.42 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 popular job titles related to Entry Level Risk Analyst jobs in Lockport, IL? For Entry Level Risk Analyst jobs in Lockport, IL, the most frequently searched job titles are:
What job categories do people searching Entry Level Risk Analyst jobs in Lockport, IL look for? The top searched job categories for Entry Level Risk Analyst jobs in Lockport, IL are:
What cities near Lockport, IL are hiring for Entry Level Risk Analyst jobs? Cities near Lockport, IL with the most Entry Level Risk Analyst job openings:
Infographic showing various Entry Level Risk Analyst job openings in Lockport, IL as of July 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 $84,459 per year, or $40.6 per hour.

Product Forms & Compliance Intern

Warrior Insurance Network

Chicago, IL • On-site

Other

Posted 25 days ago


Job description

The Product & Actuarial Analysis Department designs, develops and launches new products and product enhancements that drive profitable growth, improve product efficiencies, and delivers return on investment through our distribution channels.

As a Product Forms & Compliance Intern, you will gain hands-on experience supporting the Product team by assisting in cross-functional initiatives that design, develop, and implement new product offerings and revisions to existing products. Under the guidance of experienced team members, the individual in this position will assist in the creation and maintenance of policy forms while developing foundational knowledge of the insurance industry.

DUTIES & RESPONSIBILITIES:

  • Assist in planning and contributing to entry-level projects under the direction of senior team members
  • Assist in researching, developing, and maintaining coverage forms, endorsements, and manuals needed to support existing products
  • Review daily releases regarding changes to regulations and market alerts for potential impact to our products and flag relevant items to senior team members for review
  • Contribute to and help maintain the department forms repository
  • Conduct research and assist with basic market analysis, providing observations on target markets to the team
  • Support the review of competitor product features and contract languages
  • Within department, support the creation of form filings for submission to the departments of insurance to satisfy state regulatory requirements, and assist with drafting objection responses under senior guidance
  • Develop knowledge of assigned form filings and enhancements, and assist team members with related inquiries as familiarity grows
  • Collaborate with IT to support system changes and enhancements and assist in verifying that changes were implemented correctly
  • Participate in the observation and evaluation of internal/external processes and procedures
  • Build strong relationships among team members, ensuring cooperation on project objectives
  • Assist with special ad hoc projects, analysis, and reporting as assigned
  • Report to the Associate Forms & Product Manager

Intern will be exposed to a wide variety of insurance products which may include Non-Standard Auto, Standard/Preferred Auto, Commercial Auto, Public Transportation, and Artisan General Liability.

QUALIFICATIONS:

  • Currently pursuing or recently completed a Bachelor's degree, preferably in Business, Finance, Risk Management, English, or a related field
  • No prior insurance experience required; exposure to P&C Insurance concepts is a plus
  • Excellent verbal and written communication skills
  • Proficiency in Microsoft Word and Excel
  • Strong attention to detail
  • Ability to adapt to different or changing situations, requirements, or priorities
  • Eagerness to proactively identify questions or issues and bring them to a supervisor's attention in a timely manner
  • Basic quantitative, organizational, and time management skills with a willingness to learn and grow
  • Ability to work both independently and collaboratively within a team environment
  • Must be able to work in U.S. without sponsorship