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Financial Risk Consultant Jobs in Tennessee (NOW HIRING)

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Financial Risk Consultant information

See Tennessee salary details

$41.3K

$94.3K

$157.9K

How much do financial risk consultant jobs pay per year?

As of Sep 13, 2026, the average yearly pay for financial risk consultant in Tennessee is $94,280.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,700.00 and $113,500.00 per year, depending on experience, location, and employer.

What are some common challenges a financial risk consultant faces when working with clients across different industries?

Financial Risk Consultants often encounter the challenge of adapting their risk assessment frameworks to fit the unique regulatory environments, operational structures, and risk appetites of clients from diverse industries. Each sector—such as banking, insurance, or manufacturing—has distinct compliance requirements and market dynamics, requiring consultants to quickly learn and tailor their strategies accordingly. Additionally, consultants must communicate complex risk concepts in a way that is understandable and actionable for stakeholders who may not have a deep financial background. Building trust and maintaining clear communication are key to overcoming these challenges and delivering effective risk mitigation solutions.

What are the key skills and qualifications needed to thrive as a financial risk consultant, and why are they important?

To thrive as a Financial Risk Consultant, you need strong analytical skills, a solid understanding of finance and risk management, and typically a degree in finance, economics, or a related field. Familiarity with risk assessment software, data analysis tools like Excel and SQL, and certifications such as FRM (Financial Risk Manager) or CFA are highly beneficial. Outstanding communication, problem-solving abilities, and attention to detail help you explain complex risks and collaborate effectively with clients and stakeholders. These skills are crucial for accurately identifying, evaluating, and mitigating financial risks to protect clients’ assets and ensure regulatory compliance.

What is the difference between Financial Risk Consultant vs Financial Analyst?

AspectFinancial Risk ConsultantFinancial Analyst
Primary FocusAssessing and managing financial risks for clients or organizationsAnalyzing financial data to guide investment and business decisions
CertificationsFRM, CFA often preferredCFA, CPA often preferred
Work EnvironmentConsulting firms, financial institutions, corporate risk departmentsInvestment firms, banks, corporate finance departments

While both roles require strong financial knowledge and certifications like CFA, the Financial Risk Consultant primarily focuses on identifying and mitigating risks, whereas the Financial Analyst concentrates on analyzing data to inform investment decisions. Their work environments often overlap but serve different core functions within the financial industry.

Does financial risk consulting pay well?

Financial risk consultants typically earn competitive salaries that vary based on experience, location, and industry. Entry-level positions may start around $60,000 annually, while experienced professionals can earn over $120,000, especially with certifications like FRM or CFA. The role often involves analytical skills, risk assessment tools, and working in corporate or financial services environments.

What does a financial risk consultant do?

A financial risk consultant analyzes an organization’s financial data to identify potential risks that could impact its stability or profitability. They develop strategies to mitigate these risks, often using financial modeling, risk assessment tools, and industry regulations to advise clients or employers on risk management practices.
Infographic showing various Financial Risk Consultant job openings in Tennessee as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 10% Part Time, and 2% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $94,280 per year, or $45.3 per hour.

Sr Risk Solutions Consultant (TN)

Nashville, TN • On-site

Hanover Insurance Group, Inc.
Insurance Services • 5 - 10K employees

Other

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired 1 day ago. Applications are no longer accepted.


Hanover Insurance rating

8.0

Company rating: 8.0 out of 10

Based on 28 frontline employees who took The Breakroom Quiz


Job description

Posted Monday, August 31, 2026 at 4:00 AM

For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters the most. We live our values every day, demonstrating we CARE through our values, Sustainability initiatives and inclusive corporate culture .

Our Risk Solutions/Loss Control group is looking for a Senior Risk Solutions Consultant to join our growing team in Nashville, TN. Position is eligible for a fully remote arrangement with local travel. This is a full-time, exempt role.

POSITION OVERVIEW:

Conducts high level technical evaluations and loss analysis of more complex prospective or existing policyholders in a consultative manner. Identifies and analyzes exposures and controls. Delivers consultative and technical services to policyholders. Develops and delivers service strategies in collaboration with underwriting and agency partners to insureds.

IN THIS ROLlE, YOU WILL:
  • Conduct field surveys on prospect and existing policyholders and writes reports for underwriting.
  • Creates and delivers loss analysis.
  • Develop and deliver meaningful service solutions.
  • Create and follow up on essential recommendations.
  • Develop effective relationships with underwriting and agency partners that drives continual collaboration.
  • Participate in underwriting pipeline, new business, and renewal meetings to provide RS perspective regarding exposure and controls.
  • Takes initiative to enhance risk solutions / industry knowledge through participation in educational programs and training sessions.
  • Communicates ideas or positions in a persuasive manner that build support, agreement, and commitment.
  • Coach / mentor newer in career staff as appropriate.
KEY MEASURERS OF SUCCESS:
  • Quality of work product – both survey and service
  • Partnership with underwriting and agency partners
  • Innovative ideas and implementation for quality and efficiency gains
  • Ability to demonstrate improvements in loss ratio, loss frequency, and loss severity, on assigned service accounts
WHAT YOU NEED TO APPLY:
  • At least 5 years Risk Solutions/Loss Control field experience with a commercial lines national/regional insurance carrier.
  • B.S. degree preferred in a related field to include health and safety, science, engineering or equivalent.
  • Motivated self-starter with demonstrated initiative; ability to work independently with minimal direction.
  • Strong to exceptional communication skills, both verbal & written
  • Professional loss control certification preferred to include CSP, CFPS, CIH, PE, CPCU, ARM.
  • Strong to exceptional analytical & problem-solving skills.
  • Demonstrated project management skills.
  • Ability to work in a dynamic environment on multiple projects, tasks or assignments.
  • Results focused.
PHYSICAL DEMANDS AND WORK ENVIRONMENT:
  • Ability to travel as necessary.
  • Ability to sit and/or stand for extended periods.
  • Ability to walk through customer buildings and facilities.
  • Ability to climb a ladder to various heights and maintain balance while performing work tasks.
  • Ability to work in a fast-paced environment.

This job posting provides cursory examples of some of the job duties associated with this position. The examples provided are not complete, and the position may entail other essential and job-related functions and responsibilities that employees will be required to perform.

CAREER DEVELOPMENT:

It’s not just a job, it’s a career, and we are here to support you every step of the way. We want you to be successful and fulfilled. Through on-the-job experiences, personalized coaching and our robust learning and development programs, we encourage you – at every level – to grow and develop.

BENEFITS:

We offer comprehensive benefits to help you be healthy, build financial security, and balance work and home life. At The Hanover, you’ll enjoy what you do and have the support you need to succeed.

Benefits include:

  • Medical, dental, vision, life, and disability insurance
  • 401K with a company match
  • PTO
  • Cultural Awareness Day in support of IDE
  • On-site medical/wellness center (Worcester only)

The Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law.
Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law.”
As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities. Individuals with disabilities who wish to request a reasonable accommodation to participate in the job application or interview process, or to perform essential job functions, should contact us at: HRServices@hanover.com and include the link of the job posting in which you are interested.

Privacy Policy:

To view our privacy policy and online privacy statement, click here .

Applicants who are California residents:

To see the types of information we may collect from applicants and employees and how we use it, please click here .

Compensation:

The target hiring range for this role may vary based on geographic location and other factors, including merit or performance, demonstrated proficiency, skills for the role, education, travel requirements, and experience. Additional compensation may include an annual bonus (which could take the form of a general bonus, sales incentive, or short-term incentive), long-term incentive or spot recognition awards. The posted range reflects our ability to hire at different position titles and levels depending on background and experience.

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