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Manager Risk Analytics Jobs in Madison, WI (NOW HIRING)

Thompson Investment Management

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Compliance Accounting Manager

Madison, WI · On-site

$90K - $120K/yr

You will also monitor digital communications and personal trading activity, conduct risk analyses ... Your technical duties will include managing accrual setups, performing true-ups of actual expenses ...

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All JobsManager Risk Analytics JobsManager Risk Analytics Jobs in Madison, WI

Manager Risk Analytics information

See Madison, WI salary details

$51.9K

$112.4K

$171.3K

How much do manager risk analytics jobs pay per year?

As of Jun 19, 2026, the average yearly pay for manager risk analytics in Madison, WI is $112,407.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,700.00 and $130,000.00 per year, depending on experience, location, and employer.

How does a Manager of 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.

Are risk managers in high demand?

Risk managers are in high demand across various industries due to increasing regulatory requirements and the need to manage financial and operational risks. Organizations seek professionals with strong analytical skills, knowledge of risk assessment tools, and relevant certifications like FRM or CRM to help mitigate potential threats and ensure compliance.

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 analysts make good money?

Risk analysts typically earn competitive salaries that vary by industry, experience, and location. According to industry data, the median annual salary for risk analysts is around $70,000 to $90,000, with higher earnings possible for those with advanced certifications or specialized skills in data analysis and risk modeling.

What does a Manager of 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 is the highest paying risk management job?

The highest paying risk management roles are often senior executive positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles require extensive experience, advanced certifications like FRM or PRM, and strong leadership skills in overseeing enterprise-wide risk strategies.

What does a risk manager analyst do?

A risk manager analyst evaluates and identifies potential risks that could impact an organization’s financial health or operations. They analyze data, develop risk mitigation strategies, and use tools like risk assessment software to inform decision-making, often working closely with other departments to ensure compliance and minimize losses.

What are the key skills and qualifications needed to thrive as a Manager Risk Analytics, and why are they important?

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.
What job categories do people searching Manager Risk Analytics jobs in Madison, WI look for? The top searched job categories for Manager Risk Analytics jobs in Madison, WI are:
What cities near Madison, WI are hiring for Manager Risk Analytics jobs? Cities near Madison, WI with the most Manager Risk Analytics job openings:
Manager Risk Analytics jobs near you
Senior Manager, Partner Management Analytics

Senior Manager, Partner Management Analytics

Trustage

Madison, WI • On-site

$133K - $200K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 4 days ago

TruStage rating

9.2

Company rating: 9.2 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

18th of 261 rated insurance

Job description

At TruStage, we're on a mission to make a brighter financial future accessible to everyone. We put people first, and work hand in hand with employees and customers to create a diverse and inclusive environment. Passionate about building insurance and financial services solutions, we push the boundaries of what's possible. We need you to help us shape what's next. You'll be encouraged to share your experiences, ideas and skills to help others take control of their financial future.

Join a team that has received numerous awards for being a top place to work: TruStage awards and recognition

Job Purpose:

This position is responsible for leading the data analytics strategy, scope and function, working with a team to develop, communicate and track results of business plans and developing predictive models for revenue, risk and general business analysis. This role leads the efficient and profitable execution of strategies and campaigns that are focused/clear, aligned with business objectives and optimized to achieve maximum results.The position is also responsible for enhanced customer insight leading to targeted levels of R&D breakthroughs and increase capacity of R&D/testing initiatives.Effectively manages analytical tool processes.

Job Responsibilities:

  • Partner in establishing analytics strategies.
  • Responsible for recommending and designing tracking methodologies.
  • Provide rollout and test analysis and provide recommendations for future strategies.
  • Monitor and ensure the accuracy of forecasts.
  • Manage and own data analytics business rules.
  • Key enabler of business results (responsible for assigned CSF's by product).
  • Approve design and execution of analytics campaign processes.
  • Incorporate industry best practices into all facets of work.
  • Provide rollout and test analysis and provide recommendations for future strategies.
  • Provide ad-hoc database analysis to support new opportunities.

The above statement of duties is not intended to be all inclusive and other duties will be assigned from time to time.

Job Requirements:

  • Bachelor's degree in Mathematics, Economics, Statistics, related functional field, i.e. Marketing, Business Administration, Insurance, Computer Science, Information Technology or equivalent work experience.
  • 7+ years of experience in analytics with emphasis on data mining, quantitative analysis and financial metrics.
  • 3+ years of leadership experience.
  • Demonstrated experience collecting data, creating action plans and implement process changes.
  • Highly proficient in working with analytical/reporting tools and leading others in these functions.
  • Proficient in working with analytical/reporting tools including SQL, SAS and Excel.
  • Demonstrated ability to operate and execute systems and processes in a timely and quality manner.
  • Strong analytical skills to include competent understanding of statistical significance, multivariate techniques, and correlation analysis.
  • Proven experience working with relational databases.
  • Proven teamwork and communication skills.
  • Ability to lead cross-functional teams.
  • Works effectively in time sensitive environment.
  • Demonstrated ability to work independently to deliver unique analytical solutions.

If you're ready to help make a difference, apply today. A resume is required to apply. TruStage may process applicant information using an Artificial Intelligence (AI) tool. This tool automatically generates a screening score based on how well applicant information matches the requirements and qualifications for the position. TruStage recruiters use the screening score as a guide to further evaluate candidates; the score is one component of an application review and does not automatically determine whether a candidate moves forward. Candidates may choose to opt out of this process.

Compensation may vary based on the job level, your geographic work location, position incentive plan and exemption status.

Base Salary Range:

$133,700.00 - $200,600.00

At TruStage, we believe a sound, inclusive benefits program is of vital importance, along with a flexible workplace that allows for work-life balance, career growth and retirement assistance. In addition to your base pay, your position may be eligible for an annual incentive (bonus) plan. Additional benefits available to eligible employees include medical, dental, vision, employee assistance program, life insurance, disability plans, parental leave, paid time off, 401k, and tuition reimbursement, just to name a few. Beyond pay and benefits, we also recognize that flexibility, including working in a place you prefer, is essential to caring for our employees. We will continue to strive to offer flexibility and invest in technology and other tools that will make hybrid working normal rather than an exception, so that when "life happens," you can focus on what's most important.

Accommodation request

TruStage is a place where everyone can bring their best self and thrive. If you need application or interview process accommodations, please contact the accessibility department.

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