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Healthcare Risk Management Entry Level Jobs in Chicago, IL

Catastrophe Risk Analyst

Chicago, IL · On-site

$72K - $90K/yr

Position Summary The Catastrophe Risk Analyst role involves critical assessment and management of ... health services and more. The target salary range for this position is $72,000.00 - $90,000.00 ...

Catastrophe Risk Analyst

Chicago, IL · On-site

$72K - $90K/yr

Position Summary The Catastrophe Risk Analyst role involves critical assessment and management of ... health services and more. The target salary range for this position is $72,000.00 - $90,000.00 ...

Hedge Fund Risk Manager

Chicago, IL · On-site

$80K - $133K/yr

About Northern Trust As a global leader in innovative wealth management, asset servicing, asset ... and pension), health and welfare benefits (medical, dental, vision, spending accounts and ...

Hedge Fund Risk Manager

Chicago, IL · On-site

$80K - $133K/yr

About Northern Trust As a global leader in innovative wealth management, asset servicing, asset ... and pension), health and welfare benefits (medical, dental, vision, spending accounts and ...

Showing results 21-40

Healthcare Risk Management Entry Level information

See Chicago, IL salary details

$44.8K

$106.8K

$172.6K

How much do healthcare risk management entry level jobs pay per year?

As of Sep 6, 2026, the average yearly pay for healthcare risk management entry level in Chicago, IL is $106,830.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,700.00 and $136,000.00 per year, depending on experience, location, and employer.

What is healthcare risk management at the entry level?

Healthcare risk management at the entry level involves identifying, assessing, and helping to minimize risks that can impact patient safety, regulatory compliance, and the financial security of healthcare organizations. Entry-level professionals often assist with incident reporting, data analysis, policy review, and staff education on risk prevention. They work closely with senior risk managers and healthcare teams to develop strategies for reducing liability and improving patient outcomes.

What are the key skills and qualifications needed to thrive as an entry-level healthcare risk management professional?

To thrive in Entry-Level Healthcare Risk Management, you need a foundational understanding of healthcare regulations, risk assessment, and compliance, often supported by a bachelor's degree in healthcare administration or a related field. Familiarity with risk management information systems (RMIS), incident reporting tools, and basic data analysis software is typically required. Strong attention to detail, analytical thinking, and effective communication are essential soft skills for identifying risks and facilitating improvements. These competencies help ensure patient safety, regulatory compliance, and the minimization of potential liabilities within healthcare organizations.

What are some common challenges faced by entry-level professionals in healthcare risk management?

Entry-level professionals in healthcare risk management often encounter challenges such as learning to navigate complex regulatory requirements, understanding varied healthcare processes, and adapting to the fast-paced nature of the industry. They may also need to quickly develop effective communication skills to work with clinical staff, administrators, and legal teams. Over time, gaining experience in incident reporting, data analysis, and policy development can help address these initial hurdles and build a strong foundation for career growth.

What is the difference between Healthcare Risk Management Entry Level vs Healthcare Compliance Coordinator?

AspectHealthcare Risk Management Entry LevelHealthcare Compliance Coordinator
Required CredentialsBachelor's degree, risk management certifications (e.g., ARM, RIMS)Bachelor's degree, compliance certifications (e.g., CHC, CCEP)
Work EnvironmentHospitals, clinics, insurance companiesHealthcare facilities, regulatory agencies, insurance firms
Employer & Industry UsageFocus on identifying and mitigating risks in healthcare settingsEnsuring adherence to healthcare laws and regulations

Healthcare Risk Management Entry Level professionals focus on identifying and reducing risks within healthcare organizations, while Healthcare Compliance Coordinators ensure compliance with healthcare laws and regulations. Both roles require similar educational backgrounds and certifications, often working in overlapping environments. The main difference lies in their core responsibilities: risk mitigation versus regulatory compliance.

How to get into healthcare risk management?

Healthcare risk management entry-level roles typically require a bachelor's degree in healthcare administration, nursing, or a related field. Gaining experience through internships or certifications such as the Certified Professional in Healthcare Risk Management (CPHRM) can improve job prospects. Strong analytical, communication, and knowledge of healthcare regulations are also important for success in this field.

What is the best entry-level healthcare risk management job?

An entry-level healthcare risk management position typically involves assisting with patient safety initiatives, incident reporting, and compliance monitoring. Common roles include risk analyst or risk coordinator, often requiring knowledge of healthcare regulations and good communication skills. Certifications like the Certified Professional in Healthcare Risk Management (CPHRM) can enhance job prospects.

What job categories do people searching Healthcare Risk Management Entry Level jobs in Chicago, IL look for?

The top searched job categories for Healthcare Risk Management Entry Level jobs in Chicago, IL are:

Infographic showing various Healthcare Risk Management Entry Level job openings in Chicago, IL as of August 2026, with employment types broken down into 70% Full Time, 24% Part Time, and 6% Temporary. Highlights an 100% In-person job distribution, with an average salary of $106,830 per year, or $51.4 per hour.

Senior Business Analyst - Third Party Risk Management (TPRM)

Capital One

Chicago, IL • On-site

Full-time

Posted 12 days ago


Key responsibilities

  • Build and maintain reports using platforms like Snowflake, Databricks, QuickSight, Google Sheets, and Microsoft Excel.

  • Utilize SQL, advanced formulas, and data manipulation techniques to extract and analyze risk data.

  • Manage projects and collaborate with stakeholders to drive risk-informed decisions.


Capital One rating

7.8

Company rating: 7.8 out of 10

Based on 148 frontline employees who took The Breakroom Quiz

89th of 175 rated banks


Job description

Senior Business Analyst - Third Party Risk Management (TPRM)

About the Role:

Capital One is seeking a highly motivated, strategic and analytically adept Senior Business Analyst to join our Third Party Risk Management (TPRM) team. Sitting within the Operational Risk Management (ORM) second line of defense, our team provides value-add, independent stewardship of Capital One's Third Party Risk Management (TPRM) Program.

As a self-starter who thrives on autonomy, you will balance day-to-day business-as-usual (BAU) responsibilities with high-impact, long-term strategic initiatives. You are someone who excels at solving problems, collaborating with cross-functional stakeholders, and translating data into actionable risk insights.

Key Responsibilities:

Data Management & Reporting

  • Data Leverage: Build and maintain sophisticated reports using platforms like Snowflake, Databricks, QuickSight,Google Sheets, and Microsoft Excel.

  • Technical Execution: Utilize SQL, advanced formulas, and data manipulation techniques to extract and analyze risk data.

  • Insight Generation: Analyze data sets to proactively identify emerging risks, trends, and gaps, translating data into meaningful business intelligence.

Collaboration & Stakeholder Influence

  • Cross-Functional Synergy: Foster seamless, integrated risk experiences by bridging gaps between various internal risk teams and business partners.

  • Project Coordination: Manage simultaneous projects, leveraging and influencing stakeholders across the enterprise to drive risk informed decisions.

  • Relationship Building: Develop strong, trusted relationships with key partners to foster a collaborative culture of proactive risk management.

Basic Qualifications:

  • At least 2 years of professional experience performing analysis

  • Currently has, or is in the process of obtaining one of the following with an expectation that the required degree will be obtained on or before the scheduled start date:

    • A Bachelor's Degree in a quantitative field (Business, Finance, Accounting, Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, Computer engineering, Software engineering, Mechanical engineering, Information Systems or a related quantitative field)

    • A Master's Degree in a quantitative field (Business, Finance, Accounting, Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, Computer Engineering, Software Engineering, Mechanical engineering, Information Systems or a related quantitative field) or an MBA with a quantitative concentration

Preferred Qualifications:

  • Master's Degree in Business or quantitative field such as Finance, Economics, Physical Sciences, Math, Statistics, Engineering

  • 1+ years of experience in Statistical model building

  • 1+ years of experience in market research

  • 1+ years of experience in SQL querying

  • 2+ years of experience in business analysis

  • 1+ years of experience in consulting

Capital One will consider sponsoring a new qualified applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

Chicago, IL: $101,100 - $115,400 for Sr. Business Analyst


McLean, VA: $111,200 - $126,900 for Sr. Business Analyst


Richmond, VA: $101,100 - $115,400 for Sr. Business Analyst


Riverwoods, IL: $101,100 - $115,400 for Sr. Business Analyst








Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).


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