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Junior Risk Analyst Jobs in Illinois (NOW HIRING)

Arrive Logistics

Claims Analyst

Chicago, IL · On-site +1

$58K - $72K/yr

Provide mentorship and guidance to junior team members on processing claims across the full range ... Proficient in Google Suite; conduct basic risk analysis and general data reporting. * Superior ...

Gotion, Inc.

Junior Equipment Engineer

Manteno, IL · On-site

Collect and analyze basic equipment performance and downtime data * Support equipment parameter ... Participate in safety inspections, risk assessments, and improvement initiatives as assigned ...

Gotion, Inc.

Junior Equipment Engineer

Manteno, IL · On-site

Collect and analyze basic equipment performance and downtime data * Support equipment parameter ... Participate in safety inspections, risk assessments, and improvement initiatives as assigned ...

CEI Services

Junior Estimator

Rockford, IL · On-site

Analyze historical data and use estimating software to calculate costs for labor, materials ... Identify critical issues and develop risk exposure summary with associated cost impacts * Provide ...

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How much do junior risk analyst jobs pay per hour?

As of Aug 10, 2026, the average hourly pay for junior risk analyst in Illinois is $31.12, according to ZipRecruiter salary data. Most workers in this role earn between $22.36 and $34.23 per hour, depending on experience, location, and employer.

What are the typical responsibilities of a junior risk analyst on a day-to-day basis?

As a Junior Risk Analyst, your daily tasks often include gathering and analyzing data related to market, credit, or operational risks, preparing risk reports, and assisting with the development of risk models. You may also support more senior analysts with research projects, help monitor compliance with risk policies, and participate in meetings to discuss findings and recommendations. Collaboration with other departments, such as finance, compliance, and operations, is common to ensure all relevant data is considered. This role provides hands-on experience in risk assessment processes and working as part of a broader risk management team, making it a great opportunity to learn and grow in the field.

What is a junior risk analyst?

A Junior Risk Analyst is an entry-level professional responsible for identifying, assessing, and mitigating potential risks within an organization. They analyze financial data, market trends, and operational processes to help senior risk analysts and management make informed decisions. Key tasks include data collection, risk modeling, report preparation, and ensuring compliance with regulatory guidelines. Strong analytical skills, attention to detail, and knowledge of risk management principles are essential for success in this role.

What are the key skills and qualifications needed to thrive in the junior risk analyst position, and why are they important?

To thrive as a Junior Risk Analyst, you need strong analytical abilities, attention to detail, and a degree in finance, economics, mathematics, or a related field. Familiarity with risk management software, Excel, data analysis tools, and an understanding of regulatory frameworks such as Basel or SOX are beneficial, and certifications like FRM or CFA are advantageous. Effective communication, critical thinking, and a collaborative mindset are key soft skills for excelling in this role. These competencies enable you to accurately assess risks, contribute valuable insights, and work seamlessly within interdisciplinary teams to support organizational decision-making.

What are the most commonly searched types of Risk Analyst jobs in Illinois? The most popular types of Risk Analyst jobs in Illinois are:
What are popular job titles related to Junior Risk Analyst jobs in Illinois? For Junior Risk Analyst jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Junior Risk Analyst jobs in Illinois look for? The top searched job categories for Junior Risk Analyst jobs in Illinois are:
What cities in Illinois are hiring for Junior Risk Analyst jobs? Cities in Illinois with the most Junior Risk Analyst job openings:
Junior Risk Analyst jobs near you
Infographic showing various Junior Risk Analyst job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 88% Full Time, 8% Part Time, and 3% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $64,733 per year, or $31.1 per hour.

Claims Analyst

Arrive Logistics

Chicago, IL • On-site, Remote

$58K - $72K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 13 days ago

Arrive Logistics rating

5.5

Company rating: 5.5 out of 10

Based on 10 frontline employees who took The Breakroom Quiz

Job description

Who We Are
Arrive Logistics is a leading transportation and technology company in North America with plans to grow significantly year over year. Our success is a testament to our remarkable team and what we're building together. We're committed to providing employees with a meaningful work experience and have established an award-winning culture that supports personal and career development in a fun, casual, and collaborative environment.
Who We Want
As a Claims Analyst, you will serve as a subject matter expert and critical problem solver, taking full ownership of a portfolio of complex and high-value cargo claims (frequently exceeding $100,000). You will drive comprehensive claim management from initiation to resolution, integrating strategic analysis of claims trends to identify risks and develop proactive solutions. This role demands astute financial oversight, a deep understanding of legal and financial instruments, and leadership in external communications and stakeholder relationships. You will leverage advanced industry knowledge and business acumen to optimize claims operations, ensure financial integrity, and mentor junior team members, acting as a key cross-functional leader to protect the company's interests and drive strategic outcomes.
What You'll Do
  • Advanced Claims Operations & Trend Analytics: Independently manage a portfolio of complex cargo claims from initial filing to final resolution, ensuring efficient, accurate, and timely handling. This includes skillfully negotiating settlements, precisely processing all related financial transactions, and analyzing claims trends to identify recurring issues and significant financial exposure, with actionable findings presented to leadership.
  • High-Level External Relations & Advocacy: Lead and manage all high-level external communications and relationships with minimal management assistance. Independently lead scheduled meetings with external parties, addressing complex inquiries, driving resolutions, and identifying actionable items to bring back to management for strategic consideration.
  • Financial Integrity & Legal Compliance: Comprehensively manage and reconcile all financial aspects of a claims portfolio, ensuring accurate balancing of all receivables and payables. Possess a deep understanding of the distinctions between various payment methods and the strategic reasons for issuing legal documents like releases and assignments of rights in advance of cash payments. Utilize financial insights from claim trends to inform proactive strategies and protect the company's financial interests.
  • Expert Claim Resolution & Mentorship: Master the management of complex and high-value claims, frequently exceeding $100,000. Leverage deep industry knowledge to navigate intricate investigations and apply a comprehensive understanding of regulations, terms, and conditions to all claim values. Provide mentorship and guidance to junior team members on processing claims across the full range of values.
  • Operational Strategy & Cross-Functional Synergy: Leverage deep business acumen and a comprehensive understanding of the transportation industry to strategically oversee claim operations, optimizing efficiency and ensuring adherence to time standards across the team. Drive and foster highly effective, cooperative working relationships with all internal departments, acting as a key liaison to streamline processes and mentor others in collaborative best practices.

Qualifications
  • Bachelor's degree in Business Administration, Finance, Accounting, or related field, or 3 years of professional experience in customer service, administrative support, or the insurance industry.
  • 5+ years of experience managing claims required. Experience in cargo claims in a 3PL environment preferred.
  • Exceptional organization skills and high attention to detail.
  • Proficient in Google Suite; conduct basic risk analysis and general data reporting.
  • Superior written and verbal communication skills. You understand that proactive communication is key.
  • Ability to work both independently and collaboratively.
  • Strong critical thinking, judgment, and decision-making skills.

The Perks of Working With Us
  • Take advantage of excellent benefits, including medical, dental, vision, life, and disability coverage.
  • Invest in your future with our matching 401(k) program.
  • Build relationships and take part in learning opportunities through our Employee Resource Groups.
  • Maximize your wellness with free counseling sessions through our Employee Assistance Program
  • Get paid to work with your friends through our Referral Program!
  • Take time to manage your physical and mental health - we offer company paid holidays, paid vacation time and wellness days.
  • Receive 100% paid parental leave when you become a new parent.

$58,000 - $72,000 a year
The base salary range for this position is $58,000 - $72,000, plus bonus and benefits. The range displayed on each job posting reflects the pay range for the position across all locations. Within the range, individual pay is determined based on work location, job-related skills, experience, relevant education or training.
Your Arrive Experience
When we say "award-winning culture," we mean it. We've been recognized as a top workplace by Inc. Fast Company, Fortune, and earned Top Workplaces and Great Place to Work, to name a few. We intend on topping many more of those lists in the years to come, but we're not in it for the trophies. We're committed to culture because it keeps us connected to each other and invested in our shared success while having a blast along the way. Our employee-founded resource groups create communities within Arrive's walls, including Women in Logistics, Emerging Professionals, Prisms, Black Logistics Group, Salute and Unidos.
Notice:
To ensure a safe and transparent interview process, we want to note that Arrive Logistics adheres to strict recruitment practices. Candidates undergo an interview process, and Arrive Logistics does not provide unsolicited job offers. If you have concerns about receiving a fraudulent offer, please contact [email protected] for verification.

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