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Junior Risk Analyst Jobs in Lubbock, TX (NOW HIRING)

Junior Risk Analyst information

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$13

$27

$46

How much do junior risk analyst jobs pay per hour?

As of Aug 23, 2026, the average hourly pay for junior risk analyst in Lubbock, TX is $27.58, according to ZipRecruiter salary data. Most workers in this role earn between $19.81 and $30.34 per hour, depending on experience, location, and employer.

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 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 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.

How much do risk analysts get paid?

Risk analysts typically earn a median annual salary of around $70,000 to $90,000, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts or those with specialized skills can earn over $100,000 annually.

How to become a junior risk analyst with no experience?

To become a junior risk analyst with no experience, focus on gaining relevant skills such as data analysis, Excel, and understanding risk management concepts through online courses or certifications. Internships or entry-level positions in finance or data analysis can provide practical experience, and a bachelor's degree in finance, economics, or a related field is often required.

What are popular job titles related to Junior Risk Analyst jobs in Lubbock, TX?

For Junior Risk Analyst jobs in Lubbock, TX, the most frequently searched job titles are:

What job categories do people searching Junior Risk Analyst jobs in Lubbock, TX look for?

The top searched job categories for Junior Risk Analyst jobs in Lubbock, TX are:

What cities near Lubbock, TX are hiring for Junior Risk Analyst jobs?

Cities near Lubbock, TX with the most Junior Risk Analyst job openings:

Infographic showing various Junior Risk Analyst job openings in Lubbock, TX as of June 2026, with employment types broken down into 80% Full Time, 15% Part Time, and 5% Contract. Highlights an 86% Physical, 5% Hybrid, and 9% Remote job distribution, with an average salary of $57,366 per year, or $27.6 per hour.

Crop Insurance Business Analyst III

Sompo International Holdings Ltd.

Lubbock, TX • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 12 hours ago


Job description

As one of the leading writers of Federal Crop Insurance, AgriSompo North America combines industry experience, resources, capital and talent to deliver both traditional and innovative crop insurance and productivity tools to farmers, ranchers, insurers and agribusinesses in the United States. Our organization operates within a culture rooted in ethics, integrity and a belief that accountability, collaboration and agility are crucial to long-term success.
AgriSompo North America is a part of AgriSompo, Sompo International's global agriculture platform. This platform is an integrated underwriting, technology and distribution platform delivering innovate insurance and reinsurance solutions to agriculture partners worldwide. Sompo International, AgriSompo's parent company, is a global organization driven by its core values, a carrier that holds promise, trust and the commitment to protect. Through operating subsidiaries, Sompo International writes agriculture, casualty and other specialty, professional lines, property, marine/energy and aviation lines of insurance and catastrophe, property, casualty, professional lines and specialty lines of reinsurance.
As a leading provider of crop insurance and other agricultural risk management tools, we recognize that our success is derived directly from those whose contributions matter most: our people. AgriSompo North America has major offices in Lenexa, Kansas and Des Moines, Iowa as well as regional offices around the country. A shared commitment to integrity, accountability, collaboration and agility define our culture, and we strive to create exceptional value for our clients and shareholders and maintain AgriSompo North America as a desirable place to work.
Job Description
Are you looking for your next opportunity?
Sompo has a unique opportunity for a Crop Insurance Business Analyst III.
As the Business Analyst III, you'll serve as a liaison between Business SMEs and IT, helping translate business needs into documented business and functional requirements. You'll also support project delivery, testing, User Acceptance Testing, and training documentation as needed.
Location: This position will be based out of our Lenexa, KS or Lubbock, TX office. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers.
Our business, your impact, our opportunity:
What you'll be doing:
  • Support the analysis of current and future business processes and systems
  • Gather and document business and functional requirements
  • Create workflow charts, diagrams, and other process documentation
  • Collaborate with Business SMEs, IT, Development, and QA teams during project work
  • Participate in functional testing and help document results
  • Support User Acceptance Testing activities and related feedback tracking
  • Assist with training materials and user documentation, where appropriate
  • Act as a SME and provide guidance and mentorship to junior Business Analysts
  • Lead Joint Application Development (JAD) sessions to facilitate discussions to ensure alignment between business needs and technical solutions

What you'll bring:
  • 5+ years of business analysis experience
  • Crop insurance and/or crop claims experience required
  • Experience gathering and documenting business, functional, reporting, and data requirements
  • Experience creating traceable requirements and process documentation
  • Working knowledge of SDLC and familiarity with BABOK methodologies
  • Strong communication, analytical, and problem-solving skills
  • Proficiency with Microsoft Office Suite and Visio; experience with Confluence, Jira, UML, or UI design tools is a plus
  • Familiarity with AI tools for requirements and workflow support

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.
Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.
We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs:
  • Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution
  • Pharmacy benefits with mail order options
  • Dental benefits including orthodontia benefits for adults and children
  • Vision benefits
  • Health Care & Dependent Care Flexible Spending Accounts
  • Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children
  • Company-paid Disability benefits with very competitive salary continuation payments
  • 401(k) Retirement Savings Plan with competitive employer contributions
  • Competitive paid-time-off programs, including company-paid holidays
  • Competitive Parental Leave Benefits & Adoption Assistance program
  • Employee Assistance Program
  • Tax-Free Commuter Benefit
  • Tuition Reimbursement & Professional Qualification benefits

Who we are and what we stand for:
At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values-Accountability, Agility, Collaboration, Development, and Integrity-we build trust and support one another to achieve our goals worldwide. Life at Sompo page
Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.