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Risk Control Analyst information

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$67

How much do risk control analyst jobs pay per hour?

As of Aug 26, 2026, the average hourly pay for risk control analyst in Massachusetts is $46.14, according to ZipRecruiter salary data. Most workers in this role earn between $38.08 and $52.50 per hour, depending on experience, location, and employer.

What is a risk control analyst?

Risk Control Analysts are professionals who identify, assess, and help mitigate potential risks within an organization. They analyze data, evaluate existing risk management processes, and recommend improvements to minimize financial losses or operational disruptions. Their role often involves working closely with other departments to ensure compliance with regulations and to develop strategies that enhance overall risk management. By proactively addressing risks, they help safeguard the organization's assets and reputation.

How does a risk control analyst typically collaborate with other departments to identify and mitigate risks?

Risk Control Analysts work closely with various departments such as operations, compliance, and internal audit to identify, assess, and manage potential risks. They regularly communicate with team members to gather data, review processes, and implement risk mitigation strategies. Collaboration often involves conducting risk assessments, sharing findings, and recommending controls or procedural changes. This cross-functional teamwork ensures that risks are addressed proactively and that all stakeholders are informed and aligned with risk management objectives.

What are the key skills and qualifications needed to thrive as a risk control analyst, and why are they important?

To thrive as a Risk Control Analyst, you need strong analytical abilities, attention to detail, and a background in finance, mathematics, or a related field, often supported by a relevant degree. Familiarity with risk management software, data analysis tools like Excel, and certifications such as FRM or CFA are commonly required. Excellent communication, problem-solving skills, and the ability to work collaboratively with cross-functional teams set top performers apart. These skills ensure accurate risk assessments, effective mitigation strategies, and compliance with regulatory standards in complex business environments.

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

AspectRisk Control AnalystRisk Analyst
CertificationsCertifications like CRM or RIMS are commonSimilar certifications such as CRM or FRM are often required
Work EnvironmentTypically in insurance, banking, or financial servicesFound in finance, investment firms, and insurance companies
Employer & Industry UsageUsed by insurers, banks, and risk management firmsCommon in financial institutions, consulting, and corporate sectors

Both roles focus on assessing and managing risks, often requiring similar certifications and working within financial or insurance environments. The main difference lies in scope: Risk Control Analysts tend to focus more on implementing risk mitigation strategies, while Risk Analysts often conduct broader risk assessments and data analysis.

Do risk control analysts make good money?

Risk control analysts typically earn a competitive salary that varies based on experience, industry, and location. Entry-level positions may start around $50,000 annually, with experienced analysts earning over $80,000 or more, especially if they hold certifications like CRC or ARM. The role often involves analytical skills, knowledge of insurance or finance, and proficiency with risk management tools.

How much do risk control analysts get paid?

Risk control analysts typically earn a median annual salary of around $70,000 to $85,000, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts or those with specialized skills can earn over $100,000 annually.

What does a risk control analyst do?

A risk control analyst evaluates and identifies potential risks that could impact an organization, such as financial, operational, or safety hazards. They develop strategies to mitigate these risks, often using data analysis, risk assessment tools, and industry standards to help prevent losses and ensure compliance.

What are popular job titles related to Risk Control Analyst jobs in MA?

For Risk Control Analyst jobs in MA, the most frequently searched job titles are:

Risk Control Analyst jobs near you
Infographic showing various Risk Control Analyst job openings in Massachusetts as of August 2026, with employment types broken down into 1% As Needed, 72% Full Time, 21% Part Time, 1% Temporary, 3% Contract, and 2% Nights. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $95,980 per year, or $46.1 per hour.

Risk Control Consultant II

Boston, MA • On-site

AmTrust Financial Services, Inc.
Insurance Services • 5 - 10K employees
Learn more about AmTrust Financial Services, Inc.external

Full-time

Re-posted 6 days ago

Job description

Overview

The Risk Control Consultant II serves as a business consultant, helping policyholders improve workplace safety, reduce losses, and strengthen risk management practices. The consultant partners with insureds across a variety of industries, provides technical guidance, and shares industry expertise with underwriting and senior management to support informed business decisions. Maintains a solid understanding of AmTrust's mission, vision, and values and upholds the standards of the organization.

This role will primarily service the Boston area, with additional responsibility for New Hampshire, Vermont, Maine, Rhode Island, Connecticut, and Upstate New York. 

Responsibilities
  • Provide risk control consultation and evaluation services to support the selection and retention of new and renewal commercial multi-line business.
  • Prepare reports, analyze data, and identify injury and loss trends to assist underwriting and insured management in making informed business decisions.
  • Provide ongoing technical support to policyholders, producers, and other customers regarding safety, health, and regulatory compliance requirements.
  • Assist segment partners in meeting objectives outlined in local and regional operating plans.
  • Remain current on industry trends, emerging exposures, and market demands.
  • Perform other related duties as assigned.
Qualifications
  • 3+ years of insurance industry experience in Workers' Compensation and/or other commercial lines of business, including knowledge of associated exposures, controls, and loss prevention strategies.
  • Extremely organized self-starter with strong technical, communication, and relationship-building skills.
  • Risk control experience preferred, particularly in Workers' Compensation, property, liability, and fleet operations.
  • Excellent organization, planning, project management, and time management skills.
  • Ability to influence and motivate internal and external stakeholders.

Preferred Qualifications

  • Bachelor's degree or equivalent work experience preferred.
  • Professional designations such as CIH, CSP, ARM, or other applicable designation preferred.
Employment Type: FULL_TIME

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