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Healthcare Risk Analyst Jobs in Illinois (NOW HIRING)

Ryan Specialty

Catastrophe Risk Analyst

Chicago, IL

$72K - $90K/yr

  • PTO

The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to ... health services and more. The target salary range for this position is $72,000.00 - $90,000.00 ...

Ryan Specialty

Catastrophe Risk Analyst

Chicago, IL · On-site

$72K - $90K/yr

  • PTO

The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to ... health services and more. The target salary range for this position is $72,000.00 - $90,000.00 ...

DV Trading

Credit Risk Analyst

Chicago, IL

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

DV is looking for a Credit Risk Analyst to lead its counterparty and credit risk management ... HSA, FSA, and Dependent Care Options * Employer Paid Group Term Life and AD&D insurance * Voluntary ...

DV Trading

Credit Risk Analyst

Chicago, IL

$150K - $200K/yr

DV is looking for a Credit Risk Analyst to lead its counterparty and credit risk management ... HSA, FSA, and Dependent Care Options * Employer Paid Group Term Life and AD&D insurance * Voluntary ...

DV Trading

Credit Risk Analyst

Chicago, IL · On-site

$150K - $200K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

DV is looking for a Credit Risk Analyst to lead its counterparty and credit risk management ... HSA, FSA, and Dependent Care Options * Employer Paid Group Term Life and AD&D insurance * Voluntary ...

Alliant Credit Union

Senior Credit Risk Analyst

Chicago, IL · Hybrid

$84K - $131K/yr

Analyze origination risk factors and recommend/implement improvements in areas such as underwriting ... Alliant provides a benefits package including health care, vision, dental, and 401k with employer ...

Alliant

Senior Credit Risk Analyst

Chicago, IL · On-site

$84K - $131K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

Analyze origination risk factors and recommend/implement improvements in areas such as underwriting ... Alliant provides a benefits package including health care, vision, dental, and 401k with employer ...

Prime Healthcare

Risk Management Manager

Chicago, IL

$70K - $102K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Evaluates risk management program(s) through the use of data capture, follow up and trend analysis ... EDUCATION, EXPERIENCE, TRAINING 1. Bachelor of Science in Nursing or healthcare related field ...

Alliant

Principal Credit Risk Analyst

Chicago, IL · On-site

$119K - $204K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

Analyze origination risk factors and recommend improvements in underwriting criteria and loan ... Alliant provides a benefits package including health care, vision, dental, and 401k with employer ...

Electrosoft

Cyber Security Risk Analyst

Belleville, IL · On-site

Cyber Security Risk Analyst Work Location: Required onsite work at the client location at Scott Air ... Monitor health of daily ingests, advise stakeholders when ingest operations are degraded, and ...

Adyen

Senior Financial Risk Analyst

Chicago, IL · On-site

$125K - $170K/yr

You will work closely with our very diverse merchant portfolio, to assess and analyze their business model and financial health, and provide clear and concise credit risk advice to the Adyen credit ...

Adyen

Senior Financial Risk Analyst

Chicago, IL · On-site

$125K - $170K/yr

You will work closely with our very diverse merchant portfolio, to assess and analyze their business model and financial health, and provide clear and concise credit risk advice to the Adyen credit ...

Electrosoft

Cyber Security Risk Analyst

Belleville, IL · On-site

$115K - $125K/yr

... Risk Analyst Work Location: Required onsite work at the client location at Scott Air Force Base ... Monitor health of daily ingests, advise stakeholders when ingest operations are degraded, and ...

Resurrection Medical Center

Risk Management Manager

Chicago, IL · On-site

$70K - $102K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Evaluates risk management program(s) through the use of data capture, follow up and trend analysis ... Qualifications EDUCATION, EXPERIENCE, TRAINING 1. Bachelor of Science in Nursing or healthcare ...

Resurrection Medical Center

Risk Management Manager

Chicago, IL · On-site

$70K - $102K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Evaluates risk management program(s) through the use of data capture, follow up and trend analysis ... Qualifications EDUCATION, EXPERIENCE, TRAINING 1. Bachelor of Science in Nursing or healthcare ...

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Healthcare Risk Analyst information

What does a healthcare risk analyst do?

A Healthcare Risk Analyst is responsible for identifying, assessing, and minimizing risks within healthcare organizations to ensure patient safety and regulatory compliance. They analyze data on incidents, adverse events, and potential liabilities, then develop strategies to mitigate those risks. Their work often involves collaborating with medical staff, administrators, and legal teams to implement policies and training that reduce the likelihood of errors or accidents. Ultimately, their goal is to protect patients, staff, and the organization from harm and financial loss.

How does a healthcare risk analyst typically collaborate with clinical staff to identify and mitigate potential risks in a healthcare setting?

Healthcare Risk Analysts frequently work alongside nurses, physicians, and other clinical staff to identify areas where patient safety and regulatory compliance could be improved. This often involves reviewing incident reports, facilitating root cause analyses, and leading or participating in multidisciplinary meetings to discuss risk trends and develop preventative strategies. Effective communication and relationship-building skills are essential, as analysts must translate complex data findings into practical recommendations that clinical teams can implement. This collaborative approach helps create a culture of safety and continuous improvement throughout the healthcare organization.

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

To thrive as a Healthcare Risk Analyst, you need strong analytical abilities, knowledge of healthcare regulations, and a degree in healthcare administration, risk management, or a related field. Familiarity with risk management software, incident reporting systems, and data analysis tools like Excel or SAS is typically required. Attention to detail, critical thinking, and effective communication are crucial soft skills for identifying potential risks and collaborating with multidisciplinary teams. These skills and qualities are vital for proactively managing risks, ensuring regulatory compliance, and protecting patient safety within healthcare organizations.

What is the difference between Healthcare Risk Analyst vs Healthcare Data Analyst?

AspectHealthcare Risk AnalystHealthcare Data Analyst
Required CredentialsBachelor's degree in healthcare, risk management, or related field; certifications like RAC or ARM beneficialBachelor's degree in healthcare, statistics, or data analysis; certifications like CPC or Certified Health Data Analyst helpful
Work EnvironmentHealthcare organizations, insurance companies, risk management departmentsHospitals, clinics, healthcare IT firms, insurance companies
Employer & Industry UsageFocuses on assessing and mitigating risks within healthcare settingsAnalyzes healthcare data to improve patient outcomes and operational efficiency

The Healthcare Risk Analyst primarily evaluates and manages risks in healthcare settings, often working with insurance and compliance teams. In contrast, the Healthcare Data Analyst focuses on analyzing healthcare data to support decision-making and improve healthcare delivery. While both roles require analytical skills and healthcare knowledge, their core responsibilities and work environments differ.

What are popular job titles related to Healthcare Risk Analyst jobs in Illinois?

For Healthcare Risk Analyst jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Healthcare Risk Analyst jobs in Illinois look for?

The top searched job categories for Healthcare Risk Analyst jobs in Illinois are:

Healthcare Risk Analyst jobs near you
Infographic showing various Healthcare Risk Analyst job openings in Illinois as of August 2026, with employment types broken down into 2% As Needed, 72% Full Time, 12% Part Time, and 14% Contract. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution.

Catastrophe Risk Analyst

Ryan Specialty

Chicago, IL

$72K - $90K/yr

Full-time

PTO

Posted 26 days ago

Job description

Position Summary

The Catastrophe Risk Analyst role involves critical assessment and management of the company's exposure to natural and man-made catastrophes. The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies.

What will your job entail?

Responsibilities
  • Conduct detailed analysis of catastrophe risks, including earthquakes, hurricanes, floods, and other natural disasters.
  • Utilize catastrophe modeling software to assess potential losses and develop risk scenarios.
  • Collaborate with underwriters, actuaries, and other stakeholders to evaluate risk exposure and pricing strategies.
  • Monitor industry trends and regulatory changes related to catastrophe risk management.
  • Prepare reports and presentations for senior management, highlighting risk exposure and mitigation strategies.
  • Develop and maintain catastrophe risk models, ensuring accuracy and reliability.
  • Participate in cross-functional teams to enhance risk assessment processes and improve risk management practices.
Qualifications

Work Experience and Education

  • Bachelor's degree in Risk Management, Mathematics, Statistics, Finance, Actuarial Science, Economics, or related quantitative field with 2 years of related experience; or equivalent work experience.
  • Certified Catastrophe Risk Analyst (CSCR) or Certified Catastrophe Risk Management Professional (CCRMP) is preferred.

Technical Skills

  • Quantitative Analysis
  • Risk Assessment
  • Project Management
  • Insurance Knowledge
  • Experience with AIR/RMS is preferred

Behavioral Skills

  • Effective Communication
  • Team-oriented mindset
  • Attention to Detail
  • Decision Making
  • Problem-Solving
  • Continuous Learning

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization.Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression,sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners,and communities.This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.

How We Support Our Teammates

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them - and their family members - achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.

The target salary range for this position is $72,000.00 - $90,000.00 annually.

The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at HR@Ryansg.com

The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

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