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

Shirley Ryan AbilityLab

Financial Analyst

Chicago, IL · On-site

$52K - $89K/yr

Perform financial risk and care/cost variation analysis including some advanced statistical ... * Entry level to 2 years of experience with basic financial skills, including a working ...

Sralab

Financial Analyst

Chicago, IL · Hybrid

$52K - $89K/yr

Perform financial risk and care/cost variation analysis including some advanced statistical ... * Entry level to 2 years of experience with basic financial skills, including a working ...

Liberty Mutual

Associate Account Analyst

Chicago, IL · Hybrid

$46K - $84K/yr

This is an entry level position within the Account Analyst job family, with a goal of acquiring a basic understanding of risk evaluation on new and renewal business. * Gathers, organizes and enters ...

Liberty Mutual

Associate Account Analyst

Chicago, IL · Hybrid

$46K - $84K/yr

This is an entry level position within the Account Analyst job family, with a goal of acquiring a basic understanding of risk evaluation on new and renewal business. * Proficient with AI tools and ...

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Entry Level Risk Analyst information

See Northbrook, IL salary details

$15

$41

$66

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

As of Jul 26, 2026, the average hourly pay for entry level risk analyst in Northbrook, IL is $41.09, according to ZipRecruiter salary data. Most workers in this role earn between $30.24 and $50.00 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 Northbrook, IL? For Entry Level Risk Analyst jobs in Northbrook, IL, the most frequently searched job titles are:
What cities near Northbrook, IL are hiring for Entry Level Risk Analyst jobs? Cities near Northbrook, IL with the most Entry Level Risk Analyst job openings:
Entry Level Risk Analyst jobs near you
Infographic showing various Entry Level Risk Analyst job openings in Northbrook, IL as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% Hybrid job distribution, with an average salary of $85,472 per year, or $41.1 per hour.

Entry Level Business Analyst

Data Cloud Merge

Chicago, IL

Full-time

Posted 4 days ago

Job description

Company Description

Data Cloud Merge is a communications Company that was established in the year 2002 and located in Jersey City, New Jersey. It has gained a lot of experience in providing innovations in IT that were formerly found in large companies alone. The Company provides dedicated IT innovations at friendly prices unlike other companies that operate on big budgets. It was established with the objective of serving the private sector with these innovations through their dedicated departments of IT.

Job Description
  • Collaborate with business managers and Subject Matter Experts to identify, prioritize, and implement solutions to improve efficiency, reduce risk, and support new business.
  • Interact with advanced business analysts and solution developers to communicate and validate requirements.
  • Prepare and maintain project documentation and artifacts including analysis, reports and user documentation.
  • Create process flow diagrams, Use cases, User stories, Acceptance Criteria from scratch
  • Work with project managers, developers, and end users to ensure application designs meet business requirements.
  • Implement and manage projects through Agile Scrum methodology for SDLC - covering from concept to production, including coaching and mentoring of the whole team.
  • Facilitate Joint Application development sessions for requirement gathering.
Qualifications
  • A bachelors or Masters in Business, Computer Science, technology, management or a related discipline is required.
  • Relevant work experience in Business Analysis with a strong focus on Information Technology projects is required.
  • Advanced to expert knowledge of business analysis, product nurturing, SDLC, and agile solution delivery practices throughout the project life cycle is required.
  • Superior analytical skills to quickly understand how technical systems, business process and data management elements relate to one another and impact one another across business units.
Additional Information

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