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Entry Level Risk Jobs in Illinois (NOW HIRING)

Senior Associate, Risk Consulting (Insurance)

Chicago, IL · On-site

$15.50 - $18.50/hr

The Position Due to rapid growth of our Financial Services Risk Consulting practice within the ... RSM does not intend to hire entry level candidates who will require sponsorship now OR in the ...

Senior Associate, Risk Consulting (Insurance)

Chicago, IL · On-site

$15.50 - $18.50/hr

The Position ​ Due to rapid growth of our Financial Services Risk Consulting practice within the ... RSM does not intend to hire entry level candidates who will require sponsorship now OR in the ...

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Entry Level Risk information

What is an entry level risk job?

Entry level risk jobs are positions designed for individuals who are new to the field of risk management, often recent graduates or those with minimal work experience. These roles typically involve assisting with the identification, assessment, and mitigation of risks within an organization, such as financial, operational, or compliance risks. Entry level risk professionals may work in industries like banking, insurance, or consulting and are often responsible for data analysis, preparing reports, and supporting senior risk analysts or managers. These roles provide foundational experience and training for advancing in a risk management career.

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

To thrive as an Entry Level Risk Analyst, you typically need a bachelor's degree in finance, economics, statistics, or a related field, along with strong analytical and quantitative skills. Familiarity with risk assessment tools, Microsoft Excel, and data analysis software such as SAS or Python is highly valuable. Attention to detail, critical thinking, and effective communication are standout soft skills in this role. These competencies are essential for accurately identifying, evaluating, and communicating potential risks to help organizations make informed decisions.

What are some typical challenges faced by entry-level risk professionals, and how can they effectively overcome them?

Entry-level risk professionals often face the challenge of quickly understanding complex regulatory frameworks and internal risk management processes. Navigating large sets of data and learning to identify key risk indicators can also be daunting. To overcome these challenges, new hires should actively seek mentorship from experienced team members, participate in available training programs, and regularly review industry best practices. Building strong communication skills is also essential, as risk teams frequently collaborate with departments like compliance, audit, and operations.

How to become an entry level risk analyst with no experience?

To become an entry-level risk analyst with no experience, focus on gaining relevant skills such as data analysis, Excel, and understanding risk management principles through online courses or certifications like FRM or CAP. Internships or entry-level positions in finance, insurance, or compliance can provide practical experience and help build industry knowledge.

How to start a career in risk management?

To start a career in risk management, gain a bachelor's degree in finance, economics, or a related field, and develop skills in data analysis, problem-solving, and attention to detail. Entry-level roles often require familiarity with risk assessment tools and certifications like the Certified Risk Management Professional (CRMP) can enhance prospects.

What are the most commonly searched types of Risk jobs in Illinois?

The most popular types of Risk jobs in Illinois are:

Infographic showing various Entry Level Risk job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 91% Full Time, 6% Part Time, and 2% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution.

$29.25 - $48/hr

Full-time

Posted 6 days ago


Key responsibilities

  • Supporting teams in conducting compliance reviews and risk assessments to identify gaps and benchmark against best practices

  • Participating in the implementation of compliance programs, including defining areas of risk and setting standards

  • Assisting in the preparation and submission of regulatory reports to validate adherence to laws and regulations


Job description

Industry/Sector

Not Applicable

Specialism

Conduct and Compliance

Management Level

Intern/Trainee

Job Description & Summary

The Opportunity
As a Risk Consulting Intern, you will engage with clients to help them navigate regulatory requirements and enterprise risks through compliance, governance, and controls solutions. Within our Advisory practice, you will be part of a team that guides clients towards sustainable growth and competitive advantage in today's dynamic market. This role offers a unique chance to gain exposure to a variety of industries and develop a comprehensive understanding of risk management strategies.
As an Intern, you will support teams by participating in projects, focusing on learning and gaining exposure to PwC's practices. You will perform basic tasks and conduct research while observing professional work environments. This position emphasizes the importance of taking both observational and participatory roles on teams, allowing you to develop your personal brand and contribute to the team's success.
In this role, you will have the opportunity to apply a learning mindset, actively listen, and express ideas clearly. You will gather information from a range of sources to analyze facts and discern patterns, all while committing to understanding how the business works and building commercial awareness. This experience will be invaluable as you start to establish your career in risk consulting.
Responsibilities
- Supporting teams in conducting compliance reviews and risk assessments to identify gaps and benchmark against best practices
- Participating in the implementation of compliance programs, including defining areas of risk and setting standards
- Observing and learning from professionals in the field to gain exposure to PwC's practices and methodologies
- Assisting in the preparation and submission of regulatory reports to validate adherence to laws and regulations
- Conducting research on regulatory requirements and enterprise risks to support client projects
- Engaging in active listening and accepting feedback to enhance personal development and contribute to team success
- Collaborating with colleagues to maintain ethical practices and drive compliance with regulations
- Applying a learning mindset to understand business operations and build commercial awareness
What You Must Have
- Currently pursuing or have completed a Bachelor's degree
- Client service intern positions are entry-level and job seekers are traditionally either in their 3rd year of a 4 year degree program or in the 4th year of a 5 year program. Client service interns typically join us during the winter/spring or summer prior to their intended graduation year
What Sets You Apart
- Preference for at least one of the following fields of study: Accounting, Business Administration, Data Analytics, Business Analytics, Economics, Statistics & Business, Regulatory, Public Health
- Preferred cumulative GPA: 3.3
- Preferred major GPA: 3.3
- Leveraging AI to create efficiencies, innovate ways of working and deliver distinctive outcomes
- Demonstrating enthusiasm for learning and gaining exposure to risk management practices
- Supporting teams with basic tasks and research in regulatory compliance
- Participating in projects that focus on compliance and governance solutions
- Observing and learning from PwC's Conduct and Compliance methodologies

Travel Requirements

Up to 80%

Job Posting End Date

September 26, 2026The salary range for this position is: $29.25 - $48.00. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications and location, and applicable employment laws.As PwC is anequal opportunity employer, all qualified applicants will receive consideration for employment at PwC without regard to race; color; religion; national origin; sex (including pregnancy, sexual orientation, and gender identity); age; disability; genetic information (including family medical history); veteran, marital, or citizenship status; or, any other status protected by law.PwC does not intend to hire experienced or entry level job seekers who will need, now or in the future, PwC sponsorship through the H-1B lottery, except as set forth within the following policy: https://pwc.to/H-1B-Lottery-Policy.Learn more about how we work: https://pwc.to/how-we-workFor only those qualified applicants that are impacted by the Los Angeles County Fair Chance Ordinance for Employers, the Los Angeles' Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, San Diego County Fair Chance Ordinance, and the California Fair Chance Act, where applicable, arrest or conviction records will be considered for Employment in accordance with these laws. At PwC, we recognize that conviction records may have a direct, adverse, and negative relationship to responsibilities such as accessing sensitive company or customer information, handling proprietary assets, or collaborating closely with team members. We evaluate these factors thoughtfully to establish a secure and trusted workplace for all.