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Manager Risk Analytics Jobs in Crystal Lake, IL (NOW HIRING)

Develop, implement, and maintain comprehensive risk management policies and procedures to ensure a robust framework. Risk Assessment & Analysis: * Lead and facilitate risk assessments at the ...

Develop, implement, and maintain comprehensive risk management policies and procedures to ensure a robust framework. Risk Assessment & Analysis: * Lead and facilitate risk assessments at the ...

Principal Risk Engineer

Round Lake, IL · On-site

$112K - $154K/yr

Lead risk management activities in accordance with ISO 14971 and corporate procedures related to risk management plans, hazard analyses, FMEAs, fault tree analyses, and risk reports * Identify ...

Perform risk analysis to assess inadvertent events that may impact product identity, strength, quality, purity. * Advise and/or manage risk management strategies. * Author quality agreements and ...

Perform risk analysis to assess inadvertent events that may impact product identity, strength, quality, purity. * Advise and/or manage risk management strategies. * Author quality agreements and ...

Perform risk analysis to assess inadvertent events that may impact product identity, strength, quality, purity. * Advise and/or manage risk management strategies. * Author quality agreements and ...

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Manager Risk Analytics information

See Crystal Lake, IL salary details

$49.9K

$108.2K

$164.9K

How much do manager risk analytics jobs pay per year?

As of Sep 11, 2026, the average yearly pay for manager risk analytics in Crystal Lake, IL is $108,184.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,300.00 and $125,100.00 per year, depending on experience, location, and employer.

What does a manager risk analytics do?

A Manager of Risk Analytics leads a team responsible for analyzing data to identify, assess, and mitigate risks within an organization. They develop risk models, oversee the implementation of analytics tools, and provide insights that help guide business decisions. Their work helps organizations manage financial, operational, and strategic risks more effectively. Additionally, they often collaborate with other departments to ensure risk management strategies align with overall business goals.

What are the key skills and qualifications needed to thrive as a manager risk analytics?

To thrive as a Manager Risk Analytics, you need strong quantitative analysis skills, expertise in risk modeling, and a background in finance, statistics, or a related field—often supported by an advanced degree. Proficiency with statistical software (such as SAS, R, or Python), risk management systems, and relevant certifications like FRM or CFA is typically required. Exceptional leadership, communication, and problem-solving skills help you guide teams and translate complex data into actionable insights for stakeholders. These abilities are critical for accurately assessing risks, informing business decisions, and ensuring regulatory compliance.

How does a manager risk analytics typically collaborate with other departments within an organization?

A Manager of Risk Analytics works closely with teams across the organization, such as finance, compliance, operations, and IT, to identify and mitigate potential risks. This role involves communicating complex analytical findings in an understandable way to non-technical stakeholders and supporting informed decision-making. Regular collaboration ensures that risk models and strategies align with business objectives and regulatory requirements. Effective teamwork and cross-departmental communication are essential to implementing robust risk management solutions.

What is the difference between Manager Risk Analytics vs Risk Analyst?

AspectManager Risk AnalyticsRisk Analyst
CredentialsBachelor's or Master’s in Finance, Economics, or related field; professional certifications like FRM or CFABachelor's degree in Finance, Economics, or related field; some certifications preferred
Work EnvironmentLeads teams, manages risk projects, strategic planningAnalyzes data, prepares reports, supports risk management processes
Industry UsageUsed across banking, insurance, investment firmsCommon in financial services, corporate risk departments

The main difference is that a Manager Risk Analytics oversees risk teams and strategic initiatives, while a Risk Analyst focuses on data analysis and reporting. Both roles require similar credentials and are integral to risk management, but the manager has additional leadership responsibilities.

Do risk managers make good money?

Risk managers typically earn competitive salaries that vary based on experience, industry, and location. According to industry data, median annual pay ranges from $80,000 to over $130,000, with senior roles and certifications like FRM or CRM often commanding higher compensation.

Is manager risk analytics a good career?

Manager risk analytics is a specialized role focused on assessing and managing financial or operational risks within organizations. It typically requires strong analytical skills, knowledge of risk management tools, and relevant certifications such as FRM or CFA. The role offers opportunities for advancement and high demand in industries like finance, insurance, and consulting.

What cities near Crystal Lake, IL are hiring for Manager Risk Analytics jobs?

Cities near Crystal Lake, IL with the most Manager Risk Analytics job openings:

Senior Client Services Manager - Risk Management

Rolling Meadows, IL • On-site

Arthur J. Gallagher & Co. (AJG)
Insurance Services • 10K+ employees

Other

Posted 9 days ago


Arthur J. Gallagher & Co. rating

7.6

Company rating: 7.6 out of 10

Based on 93 frontline employees who took The Breakroom Quiz


Job description

Introduction

At Gallagher Bassett, we're there when it matters most because helping people through challenging moments is more than just our job, it’s our purpose. Every day, we help clients navigate complexity, support recovery, and deliver outcomes that make a real difference in people’s lives. It takes empathy, precision, and a strong sense of partnership—and that’s exactly what you’ll find here. We’re a team of fast-paced fixers, empathetic experts, and outcomes drivers — people who care deeply about doing the right thing and doing it well. Whether you're managing claims, supporting clients, or improving processes, you’ll play a vital role in helping businesses and individuals move forward with confidence. Here, you’ll be supported by a culture that values teamwork, encourages curiosity, and celebrates the impact of your work. Because when you’re here, you’re part of something bigger. You’re part of a team that shows up, stands together, and leads with purpose.

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Overview

This role manages a portfolio of up to 25 clients, serving as a trusted advisor and primary point of contact while developing service strategies, leading client meetings, analyzing and presenting data, implementing client-specific initiatives, and proactively identifying opportunities and challenges to support client goals, retention, and overall program success. The position requires strong knowledge of products, services, pricing, and profitability, along with the ability to collaborate across teams, mentor others, manage projects, and make strategic business decisions that balance client needs with organizational objectives.

How you'll make an impact
  • May manage up to 25 dedicated clients, depending on complexity and/or client requirements.
  • Book of business may cover multiple industries, but with focus in select industry (or industries).
  • Serves as single point of contact for clients; highly responsive to requests and often identifies issues/challenges before client.
  • Works with minimal supervision, and knows when to engage supervisor and/or peers throughout the company.
  • Aligns self and external resources around client’s goals by understanding of what client is trying to accomplish in their programs and how we can contribute to these goals.
  • Develops service plans to capture goals and ensure progress.
  • Structures and uses data to tell a compelling story.
  • Presents data confidently and anticipates questions from supervisor and clients.
  • Significant knowledge of product and service capabilities.
  • With some assistance can implement and oversee client specific initiatives, i.e. closure projects, cost reduction projects, performance guarantee compliance.
  • Perceived as critical link between client, management and claims operations. Proactively works with supervisor to plan for and ensure maximum retention rate.
  • Limits downside surprises by identifying and rectifying issues early.
  • Leads group meetings across audiences (e.g., claim reviews, stewardship meetings, and partnership meetings) with modest support.
  • Sets and communicates roles for all internal participants prior to critical meetings.
  • Ensures appropriate pre-brief and de-brief communication to drive successful client interactions.
  • Can scope out work-related projects, including time and resources needed to complete.
  • May assist in orienting and mentoring lower level employees.
  • Has complete understanding of program pricing.
  • Understands the basics of program profitability to the company.
  • Able to make appropriate trade-offs between pricing levers to reach best outcome (e.g. multi-year deals, LOP, etc.).
About You

Required:

  • Bachelor's degree and 5 years related experience.
  • Insurance license required.
  • Often travels for client needs (e.g., claim reviews, stewardship discussions).

Work Traits:

  • Able to create success stories and capture learning’s within own book of business and that of team members.
  • Able to provide synthesized summaries to senior leadership within AM team.
  • Focuses on what matters most, where there is risk and where senior management intervention may be required. Always gets his/her point across in interactions.
  • Frequently able to lead group meetings and/or provide value-added input where not the primary presenter.
  • Is accessible by team members when they encounter roadblocks with their work.
  • Able to provide value-added suggestions and approaches to make the team more successful.
  • With supervisors, understands what matters most and where/when to escal…
  • Consistently delivers direct, honest feedback to team members regarding performance against the AM skill continuum.
Compensation and benefits

At Gallagher, we believe supporting our colleagues goes far beyond the role itself.For more information, visit our Benefits page.

  • Competitive compensation
  • Comprehensive benefits programs designed to support your well-being
  • Career development opportunities and ongoing learning
  • A collaborative, people‑first culture with accessible leadership
  • The opportunity to do meaningful work with global reach and local impact

At Gallagher, we are dedicated to building an inclusive and authentic workplace. If your past experience doesn’t align perfectly, we encourage you to join our Talent Community to stay connected to additional career opportunities. At times, we will consider transferable skills from previous roles.

Gallagher is an affirmative action/equal opportunity employer (Minorities/Females/Veterans/Disabled)

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