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Risk Analyst Trainee Jobs in Romeoville, IL (NOW HIRING)

United Fire Group

Surety Underwriter

Chicago, IL

... to analyze and determine acceptability of the risk within framework of UFG underwriting policies ... Provide training, direction, and assistance to associate underwriters and underwriter trainees. Job ...

Illinois Central School Bus

Safety Manager

Batavia, IL · On-site

$64K - $68K/yr

Monitor trainee progress and provide coaching, guidance, and performance feedback. * Ensure ... Risk Management * Conduct and oversee accident, incident, and injury investigations. * Analyze ...

Geneva Trading

Discretionary Trader

Chicago, IL · On-site

$36K - $42K/yr

Utilize premium data resources and market analysis tools that are second to none in the industry ... The Ideal Candidate We are not looking for trainees or traders on a break from the markets. We are ...

All JobsRisk Analyst JobsRisk Analyst Trainee JobsRisk Analyst Trainee Jobs in Romeoville, IL

Risk Analyst Trainee information

See Romeoville, IL salary details

$37.2K

$83.9K

$140.7K

How much do risk analyst trainee jobs pay per year?

As of Aug 31, 2026, the average yearly pay for risk analyst trainee in Romeoville, IL is $83,944.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,700.00 and $92,300.00 per year, depending on experience, location, and employer.

What is a risk analyst trainee?

A Risk Analyst Trainee is an entry-level position where individuals learn to identify, assess, and help manage risks that could affect an organization’s financial health or operations. Under the supervision of senior risk analysts, trainees analyze data, prepare reports, and assist in developing risk management strategies. This role is ideal for recent graduates or professionals new to the field who want to gain practical experience and foundational knowledge in risk analysis. Over time, trainees are expected to develop analytical, problem-solving, and communication skills essential for advancing in risk management careers.

What are the key skills and qualifications needed to thrive as a risk analyst trainee?

To thrive as a Risk Analyst Trainee, you need a strong background in finance, statistics, and analytical reasoning, usually supported by a relevant degree such as finance, economics, or mathematics. Familiarity with risk management software, data analysis tools like Excel or Python, and sometimes certifications such as FRM (Financial Risk Manager) can be advantageous. Attention to detail, critical thinking, and effective communication are essential soft skills for interpreting data and presenting findings. These skills and qualifications enable trainees to accurately assess potential risks and deliver actionable insights that support organizational decision-making.

What are some typical challenges a risk analyst trainee might face during their first year, and how can they overcome them?

As a Risk Analyst Trainee, you may find it challenging to quickly learn the complex risk assessment tools and data analysis techniques commonly used in the industry. Navigating large datasets, understanding regulatory requirements, and effectively communicating findings to senior analysts can also be demanding. To overcome these challenges, it’s helpful to seek mentorship within your team, actively participate in training sessions, and regularly review industry best practices. Embracing a proactive approach to learning and asking questions will accelerate your development and help you build confidence in your analyses.

What is the difference between Risk Analyst Trainee vs Risk Analyst?

AspectRisk Analyst TraineeRisk Analyst
Required CredentialsBachelor's degree, training programsBachelor's degree, experience preferred
Work EnvironmentInternship or entry-level settingFull-time professional role
Employer & Industry UsageFinancial institutions, insurance companiesFinancial services, banking, insurance
Common Search/ComparisonEntry-level risk rolesProfessional risk analysis positions

The main difference between a Risk Analyst Trainee and a Risk Analyst is experience level. The trainee role is an entry-level position focused on training and skill development, often requiring a relevant degree and internship experience. The Risk Analyst is a full-fledged professional responsible for analyzing risks, making decisions, and providing insights within the same industries. The trainee position serves as a stepping stone toward becoming a Risk Analyst.

Are risk analyst trainees in demand?

Risk analyst trainees are in demand as companies seek to strengthen their risk management teams, especially in finance, insurance, and consulting sectors. Entry-level roles often require analytical skills, knowledge of risk assessment tools, and relevant certifications, making this a growing field for new professionals.

How much do risk analyst trainees get paid?

Risk analyst trainees typically earn between $40,000 and $60,000 annually, depending on the industry, location, and level of education. Entry-level positions may start lower, but with experience and relevant certifications, salaries can increase. Internships or part-time trainee roles usually pay less but provide valuable industry experience.

How to become a risk analyst trainee with no experience?

To become a risk analyst trainee with no experience, focus on gaining relevant knowledge through online courses in risk management, finance, or data analysis, and develop skills in Excel, statistical tools, and risk assessment methods. Internships or entry-level positions in finance or insurance can provide practical experience, and obtaining certifications like the Financial Risk Manager (FRM) can enhance your qualifications.

What are popular job titles related to Risk Analyst Trainee jobs in Romeoville, IL?

For Risk Analyst Trainee jobs in Romeoville, IL, the most frequently searched job titles are:

What job categories do people searching Risk Analyst Trainee jobs in Romeoville, IL look for?

The top searched job categories for Risk Analyst Trainee jobs in Romeoville, IL are:

What cities near Romeoville, IL are hiring for Risk Analyst Trainee jobs?

Cities near Romeoville, IL with the most Risk Analyst Trainee job openings:

Risk Analyst Trainee jobs near you

Middle & Large Business Underwriter Trainee/Associate - Excess

Chicago, IL • On-site

The Hartford Financial Services Group, Inc.
Finance and Insurance • 10K+ employees

8.8

Company rating: 8.8 out of 10

Based on 122 frontline employees who took The Breakroom Quiz

58th of 315 rated insurance

Good employer

Recommended by students

Paid breaks

Learn more about The Hartford Financial Services Group, Inc.external

$60K - $91K/yr

Full-time

Posted 11 days ago

Job description

Associate Underwriter - UYTRAN
We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.
Underwriting Trainee Opportunities: Gain Real World Experience
We're in the business of helping people achieve amazing things. From opening a small business to buying a car or home to recovering from illness or injury and so much more, we help people protect the things that matter. And you can help us when you join our team of underwriters. They're at the heart of everything we do. And by joining us, you'll be on a team known throughout the industry for providing our customers with just the right amount of coverage they need to pursue their unique interests.
Your underwriting career here means collaboration, inclusivity, innovative thinking and so much more. Here, we value self-starters, and all ideas are welcome. It's where opportunities exist to hone your underwriting skills by working with our sales teams, experienced underwriters, and other leaders - and your career path can take any direction you might choose.
As part of our Commercial Underwriter Onboarding and Risk Education (CORE) development program, you'll gain an experience of a lifetime. Our 22-week program begins in July and includes self-directed and virtual classroom learning sessions. What's more, you'll get on-the-job work experience as well as integrated sales training with support from your mentor and manager to round out your Commercial Underwriting experience. After the formal program concludes, you'll have the knowledge to begin a formal career here, with us behind you every step of the way.
This role will allow for a hybrid work schedule working three days in the office and two days from home.
We'll Be a Good Match if You Have:
  • A customer-first mindset, putting our customers at the center of everything you do
  • A passion for making decisions through both analyzing data and employing critical thinking skills
  • A team spirit and desire to work collaboratively
  • A financial mindset to help make the best decisions
  • Ability to own your work and following through on commitments
  • Ability to decipher and execute within a fluid and changing business environment
  • An understanding of how to build relationships and trust among diverse groups

Qualifications:
  • Bachelor's Degree preferred, or equivalent combination of education, training, and Insurance experience
  • Up to 3 years of Insurance experience preferred
  • Excellent written and interpersonal communication and presentation skills
  • Ability to think analytically about business problems, make recommendations, and propose solutions
  • Possession of resilience and an entrepreneurial spirit
  • Demonstration of solid time, organizational, and desk management skills
  • Goal oriented with a strong desire to deliver outcomes in timely manner
  • Acts with a sense of urgency and is responsive to internal and external customer needs
  • Strong sales skills with the ability to negotiate and sell all messages including with those that may be difficult
  • Challenge the status quo to implement improvement and compete to win
  • A valid driver's license is required, as use of a company pool car will be necessary for periodic travel
  • Demonstrates satisfactory progress during the Training Program and achieve passing scores on all tests, case studies, and foundational underwriting assessments
  • Potential to travel during training may exist

Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
$60,800 - $91,200
Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
About Us | Our Culture | What It's Like to Work Here | Perks & Benefits
Hartford logo

About Hartford

Sourced by ZipRecruiter

Hartford Financial Services Group, widely recognized as The Hartford, is a renowned company based in Hartford, CT, US. Established in 1810, it has evolved into an industry leader in the insurance and financial services sector, proudly serving more than one million businesses in the US. The Hartford is committed to offering a gamut of insurance products that include homeowners, automobile, and business insurance as well as employee benefits and mutual funds. The company’s core values revolve around customer-focused innovations, diversity and inclusion, and ethical dealings that have earned them a customer-centric reputation. This shapes their mission which revolves around aiding their clients to overcome unforeseen obstacles and enhancing their wealth over time. Among the company's noted accomplishments is being consistently listed among the World's Most Ethical Companies, a testament to their unwavering commitment towards responsible business practices.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Hartford, CT, US

Year founded

1810

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Pay

Benefits

Hours and flexibility

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