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Operations Risk Analyst Jobs in Utah (NOW HIRING)

OMC

Risk Director

Salt Lake City, UT

Operational Risk Oversight * Identify, quantify, and monitor operational risks across safety ... Experience with risk analytics or insurance management systems. WHAT WE OFFER * Award-winning ...

OMC

Risk Director

Salt Lake City, UT

Operational Risk Oversight * Identify, quantify, and monitor operational risks across safety ... Experience with risk analytics or insurance management systems. WHAT WE OFFER * Award-winning ...

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All JobsOperations Risk Analyst JobsOperations Risk Analyst Jobs in Utah

Operations Risk Analyst information

See Utah salary details

$35.5K

$78.1K

$141.1K

How much do operations risk analyst jobs pay per year?

As of Jun 22, 2026, the average yearly pay for operations risk analyst in Utah is $78,146.00, according to ZipRecruiter salary data. Most workers in this role earn between $59,600.00 and $95,100.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Operations Risk Analyst, and why are they important?

To thrive as an Operations Risk Analyst, you need strong analytical skills, attention to detail, and a background in finance, risk management, or a related field, often supported by a relevant degree. Familiarity with risk assessment tools, data analysis software (such as Excel, SAS, or Python), and sometimes certifications like FRM or ORM are typically required. Excellent problem-solving abilities, communication skills, and the ability to work collaboratively with cross-functional teams distinguish top performers. These skills and qualities are crucial for accurately identifying, evaluating, and mitigating operational risks that can impact organizational performance and compliance.

What is the difference between Operations Risk Analyst vs Compliance Analyst?

AspectOperations Risk AnalystCompliance Analyst
Required CredentialsBachelor's in finance, risk management, or related field; certifications like FRM or CRMBachelor's in law, finance, or related; certifications like CCEP or CRCM
Work EnvironmentFinancial institutions, banks, insurance companiesFinancial services, banking, regulatory agencies
Employer & Industry UsageFocuses on identifying and mitigating operational risks within organizationsEnsures adherence to laws and regulations, managing compliance risks

The Operations Risk Analyst and Compliance Analyst roles share overlapping skills in risk assessment and industry knowledge but differ in focus. The Operations Risk Analyst concentrates on operational and financial risks within organizations, while the Compliance Analyst emphasizes regulatory adherence and legal risk management. Both roles are vital in financial sectors and often collaborate to ensure organizational stability and compliance.

What does an Operations Risk Analyst do?

An Operations Risk Analyst is responsible for identifying, assessing, and mitigating risks that could affect a company's day-to-day operations. They analyze business processes, review compliance with regulations, and develop strategies to minimize operational losses. Their work helps ensure that an organization can operate efficiently while reducing the likelihood of disruptions or financial losses due to internal or external risks.

What are some common challenges faced by Operations Risk Analysts, and how can they be addressed effectively?

Operations Risk Analysts often encounter challenges such as identifying emerging risks in rapidly changing business environments and ensuring compliance with evolving regulations. Managing large volumes of data and collaborating across multiple departments to gather accurate information can also be demanding. To address these challenges, it's important to stay updated on industry best practices, utilize risk management software, and maintain strong communication with cross-functional teams. Building strong analytical and interpersonal skills will help you navigate these complexities and contribute to creating robust risk mitigation strategies.
What are popular job titles related to Operations Risk Analyst jobs in Utah? For Operations Risk Analyst jobs in Utah, the most frequently searched job titles are:
What job categories do people searching Operations Risk Analyst jobs in Utah look for? The top searched job categories for Operations Risk Analyst jobs in Utah are:
Operations Risk Analyst jobs near you
Infographic showing various Operations Risk Analyst job openings in Utah as of June 2026, with employment types broken down into 86% Full Time, 13% Part Time, and 1% Contract. Highlights an 82% Physical, 7% Hybrid, and 11% Remote job distribution, with an average salary of $78,146 per year, or $37.6 per hour.

Risk Management Insurance Analyst

Extra Space

Salt Lake City, UT

Full-time

Posted 13 days ago

Job description

Job Summary

Extra Space Storage is seeking a detail-oriented Risk Management Insurance Analyst to support our corporate risk management function. This role combines analytical work with hands-on operational support across insurance programs, claims, and financial processes. The position plays a key role in supporting insurance renewals, managing certificates of insurance, maintaining accurate data, and coordinating with internal teams and external partners. This role requires strong organization, attention to detail, and the ability to manage multiple ongoing processes simultaneously.


Duties & Responsibilities

  • Insurance Program Support: Assist with the administration of corporate insurance programs, including renewals, underwriting data, and policy documentation, and coordinate with brokers and internal stakeholders to meet program requirements.

  • Certificates of Insurance: Manage time-sensitive COI requests, renewals, and distributions by preparing and issuing certificates, ensuring compliance with requirements, and tracking and resolving deficiencies.

  • Financial Operations & Analysis: Manage insurance-related invoices, payments, and wire transfers, including internal approvals and coordination with stakeholders, while tracking premiums, allocations, and outstanding balances and supporting budgeting, forecasting, and audit processes.

  • Data Management & Reporting: Maintain property and portfolio data used for underwriting and renewals, develop and maintain tracking tools and reports, and resolve data inconsistencies across systems.

  • Claims & Subrogation Support: Coordinate documentation and track claim status to support claims and subrogation processes, ensuring required information is gathered to move claims forward.

  • Systems & Process Support: Maintain and improve risk management systems and databases while troubleshooting issues and driving process improvements related to insurance, payments, and data.

  • Cross-Functional Coordination: Collaborate with accounting, legal, facilities, and external partners to support risk management operations and respond to requests related to insurance, claims, and data.


Qualifications

  • Education: Bachelor's degree or equivalent experience in insurance, risk management, finance, or related field

  • Experience: Experience in insurance, risk management, financial operations, or similar roles involving data tracking and process coordination, with the ability to manage multiple workflows and deadlines.

Competencies

  • Technical Skills: Strong proficiency in Microsoft Excel, including trackers, data organization, and reporting, along with experience handling large datasets or financial information.

  • Communication Skills: Strong written and verbal communication skills with the ability to collaborate across internal teams and external partners.

  • Analytical Abilities: Organized and detail-oriented with strong analytical and problem-solving abilities and the ability to manage multiple ongoing workflows while resolving data or process issues.


Work Environment & Physical Requirements
Performs sedentary work in an office environment with limited lifting (less than 10 pounds) or walking required. Close visual acuity required to perform work at computer terminal. No exposure to adverse environmental conditions. Requires repetitive typing motion, talking, hearing, grasping and feeling.
Disclaimer
The job description outlines the general nature and scope of work employees perform in this role. It's not intended to be an exhaustive list of all duties, responsibilities, or qualifications required for the position. The company reserves the right to modify, revise, or update the job description to meet business needs.

If you are a current Extra Space employee, please apply through Jobs Hub in Workday.

We are anequal opportunityemployer andvalue diversityat our company. Wedo not discriminateon the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Applications Deadline: Applications will be accepted until the position is filled.

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