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Manager Risk Analytics Jobs in Riverwoods, IL (NOW HIRING)

Capital One

Risk Manager

Riverwoods, IL

Risk Manager Risk Managers at Capital One are the front line of defense to ensure our Company ... Leverage data analysis and operational insights to identify core problems and formulate effective ...

Brookfield

Risk Analyst

Chicago, IL

Argo and Farm Family partner with agents and brokers to provide insurance solutions that enable businesses to manage risks with confidence. The Enterprise Risk Analyst supports the development ...

New

Alliant

Principal Credit Risk Analyst

Chicago, IL · On-site

$119K - $204K/yr

Ensure effective communication with management and key stakeholders from other functional areas. * Complete credit risk analytics, which includes but is not limited to loan origination strategy ...

Ryan Specialty

Catastrophe Risk Analyst

Chicago, IL

$72K - $90K/yr

Position Summary The Catastrophe Risk Analyst role involves critical assessment and management of the company's exposure to natural and man-made catastrophes. The Catastrophe Risk Analyst analyzes ...

Ryan Specialty

Catastrophe Risk Analyst

Chicago, IL · On-site

$72K - $90K/yr

Position Summary The Catastrophe Risk Analyst role involves critical assessment and management of the company's exposure to natural and man-made catastrophes. The Catastrophe Risk Analyst analyzes ...

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Manager Risk Analytics information

See Riverwoods, IL salary details

$53.5K

$115.8K

$176.5K

How much do manager risk analytics jobs pay per year?

As of Sep 13, 2026, the average yearly pay for manager risk analytics in Riverwoods, IL is $115,821.00, according to ZipRecruiter salary data. Most workers in this role earn between $93,400.00 and $133,900.00 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 job categories do people searching Manager Risk Analytics jobs in Riverwoods, IL look for?

The top searched job categories for Manager Risk Analytics jobs in Riverwoods, IL are:

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

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

Manager Risk Analytics jobs near you

Claims Manager, Risk Management

Chicago, IL • On-site

Starr Insurance Companies
See more jobs at Starr Insurance Companiesexternal

Full-time

Re-posted yesterday

Job description

Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.
Preferred Location: Chicago
Alternate Locations: Atlanta, Philadelphia, Houston or Dallas
The Claims Manager, Risk Management will be responsible for:
• Active oversight of claims currently managed by a Third Party Administrator as well as direct
handling of an active inventory of primary and excess claims related to policies written out of
the Risk Management Profit Center in various jurisdictions
• Performing prompt coverage analysis and determination, investigation into liability and
defenses, and timely reserve evaluations
• Perform audits through claim systems and on-site visits
• Required to attend mediations, settlement conferences, etc. to negotiate cost-effective
settlements and attend trials on an "as needed" basis
• Provide timely and meaningful information to underwriters, actuaries and reinsurers to update
them regarding losses which could impact Starr's policies
Job Requirements:
  • Bachelors Degree required. JD preferred but not required
  • 7 - 10 years of experience in handling general liability claims and/or relevant litigation experience
  • Prior experience evaluating complex coverage issues related to CGL policies
  • Experience working with and managing TPAs
  • Demonstrated success managing litigation, evaluating and negotiating claims, involving both property damage and bodily injury exposures
  • Customer focus with excellent interpersonal, written and verbal communication skills
  • Detail oriented
  • High degree of personal organization and time management skills
  • Pro-active. Must have a sense of urgency
  • Ability to prioritize and perform successfully in a fast-paced environment
  • Proficiency in Microsoft Word and Excel
  • Some travel is required and will vary depending on business needs and caseload

#LI-LS1
Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

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