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Reporting to the Senior Manager of Clinical Risk Management, the Principal Risk Analyst serves as a senior clinical risk expert who proactively identifies, assesses, and mitigates the clinical ...
Reporting to the Senior Manager of Clinical Risk Management, the Principal Risk Analyst serves as a senior clinical risk expert who proactively identifies, assesses, and mitigates the clinical ...
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Senior Analyst information
See Rochester, MN salary details
$47.3K - $54.6K
0% of jobs
$54.6K - $61.9K
2% of jobs
$61.9K - $69.2K
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$69.2K - $76.5K
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9% of jobs
$87.4K is the 25th percentile. Wages below this are outliers.
$83.7K - $91K
10% of jobs
$91K - $98.3K
13% of jobs
The median wage is $104K / yr.
$98.3K - $105.6K
10% of jobs
$105.6K - $112.8K
11% of jobs
$115.5K is the 75th percentile. Wages above this are outliers.
$112.8K - $120.1K
33% of jobs
$120.1K - $127.4K
4% of jobs
$47.3K
$100.1K
$127.4K
How much do senior analyst jobs pay per year?
What does a senior analyst do?
How does a senior analyst typically collaborate with cross-functional teams within an organization?
What are the key skills and qualifications needed to thrive as a senior analyst, and why are they important?
What is the difference between Senior Analyst vs Data Analyst?
| Aspect | Senior Analyst | Data Analyst |
|---|---|---|
| Required Credentials | Bachelor's degree, often some certifications or specialized training | Bachelor's degree, often certifications in data tools |
| Work Environment | Corporate, consulting, finance, or tech industries | Business, marketing, healthcare, and tech sectors |
| Employer & Industry Usage | Used across industries for complex analysis roles | Common in data-driven roles across industries |
The main difference between a Senior Analyst and a Data Analyst lies in experience level and scope. Senior Analysts typically handle more complex projects, provide strategic insights, and may mentor junior staff. Data Analysts focus on collecting, processing, and analyzing data to support business decisions. Both roles require similar educational backgrounds and certifications, but Senior Analysts usually have more experience and responsibilities.
What is a senior analyst?
How much is a senior analyst paid?

Full-time
Medical, Dental, Vision, Retirement
Posted 6 days ago
Mayo Clinic rating
7.8
Based on 694 frontline employees who took The Breakroom Quiz
109th of 887 rated healthcare providers
Job description
Mayo Clinic is seeking an experienced healthcare professional to join the newly established Rochester Clinical Risk Management team as a Principal Risk Analyst. This is a unique opportunity to help build a strategic program advancing patient safety, transparency, organizational learning, and enterprise risk management at one of the world's leading healthcare organizations.
Reporting to the Senior Manager of Clinical Risk Management, the Principal Risk Analyst serves as a senior clinical risk expert who proactively identifies, assesses, and mitigates the clinical, operational, regulatory, financial, legal, and reputational risks associated with patient care. This includes leading the organization's response to complex patient care events, supporting communication and resolution efforts, guiding event review and mitigation activities, and advancing systems, processes, and education that strengthen safety, accountability, and trust.
Key Responsibilities
Partner with physicians, administrators, patient safety professionals, legal counsel, accreditation leaders, and operational teams to manage complex matters involving patient care events.
Support patient-centered communication and caregiver support following patient care events, in alignment with Mayo Clinic's Communication and Resolution approach.
Apply a broad healthcare risk management lens across the five ASHRM/CPHRM domains: Clinical/Patient Safety, Risk Financing, Legal and Regulatory, Health Care Operations, and Claims and Litigation.
Identify emerging risk trends and support claims-informed organizational learning.
Partner with insurance and risk financing colleagues when clinical events carry financial or coverage implications.
Translate complex clinical events into practical mitigation strategies, education, and system-level improvements.
A professional with deep clinical, operational, regulatory, or risk management expertise, sound judgment, and exceptional communication skills is desired. The successful candidate demonstrates the ability to assess risk, build trusted relationships, navigate sensitive situations, facilitate difficult conversations, and support leaders and care teams through challenging events - developing practical solutions that balance patient-centered care with organizational priorities while strengthening organizational resilience.
In addition, Principal Risk Analyst responsibilities may include:
Receives direction and reports to the Director or Senior Manager in the Risk Department (RD). Works in partnership with other department members as well as various physicians, administrative colleagues, and committees. Will collaborate with a wide range of Mayo Clinic departments including, but not limited to: Office of Information Security, Legal, Health Information Management and Human Resources. Interacts, supports and consults with individuals within Mayo Clinic and outside Mayo Clinic including external business partners, government agencies, and organizations.
The incumbent will lead risk business operations, special projects, investigations, legal litigation, mitigation development, non-employee access and end user awareness/education. Incumbent will provide guidance to the RD unit for day-to-day operational support, including project management. Incumbent will demonstrate leadership and represent the RD on project teams, committees, strike teams and workgroups. Job Duties and Responsibilities: Supports and develops RD initiatives. Responsible for the design of enterprise business operations, including operational growth and development. Leads multi-disciplinary workgroups and projects.
Responsible for development of policies and procedures to support the organization's risk tolerance. Gathers and organizes information from a cross-functional investigative team. Works directly with Legal and Human Resources on high risk internal and external investigations. Works directly with Legal and External Counsel on policy, regulatory and/or litigation matters (using eDiscovery protocols). Completes documentation to support findings including legal reports, SBARs, and executive summaries. Responsible for peer review of work unit documentation. Develops and presents Risk training(s) geared towards Mayo Clinic Leadership. Has extensive experience in regulatory compliance and investigations that includes:
Deep subject matter expertise in relevant compliance laws and regulations such as privacy compliance, investigations, revenue cycle compliance, device manufacturing compliance, general compliance, conflict of interest;
Understanding of and ability to apply the Seven Elements of an Effective Compliance Program;
Ability to carry out audits, assessments and investigations; and
Ability to use relevant compliance tools including GRC software, monitoring tools, and issue management software.
Ability to follow and apply holds and execute proper preservation of evidence and chain of custody protocols. Depending on role this may include the ability to follow proper computer forensic evidence handling, advanced knowledge of data preservation, acquisition of computing and storage devices either fixed or mobile and more technical forensic investigation.
Must have technical and nontechnical communication skills (verbal and written), analytical aptitude and project management skills. Demonstrates high level integrity and ability to use discretion and maintain confidential information. Other functions and projects as assigned. Some travel may be required to other Mayo Clinic Sites and/or training conferences.
Mayo Clinic will not sponsor or transfer visas for this position including F1 OPT STEM.
This is a hybrid position and incumbent must live within 100 miles of the Rochester, MN campus.
Mayo Clinic is top-ranked in more specialties than any other care provider according to U.S. News & World Report. As we work together to put the needs of the patient first, we are also dedicated to our employees, investing in competitive compensation and comprehensive benefit plans - to take care of you and your family, now and in the future. And with continuing education and advancement opportunities at every turn, you can build a long, successful career with Mayo Clinic.
- Medical: Multiple plan options.
- Dental: Delta Dental or reimbursement account for flexible coverage.
- Vision: Affordable plan with national network.
- Pre-Tax Savings: HSA and FSAs for eligible expenses.
- Retirement: Competitive retirement package to secure your future.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, protected veteran status or disability status. Learn more about the "EOE is the Law". Mayo Clinic participates in E-Verify and may provide the Social Security Administration and, if necessary, the Department of Homeland Security with information from each new employee's Form I-9 to confirm work authorization.
Bachelor's degree and 9 years' experience in business analysis, insider threat, information security, compliance, privacy, risk management, information science, business administration, health or science-related fields OR Master's degree and 6 years' experience in business analysis, insider threat, information security, compliance, privacy, risk management, information science, business administration, health or science-related fields. JD or Masters degree preferred. Certified as CHC, CHPC, CCEP, CISSP, CISM, CITPM or relevant equivalent certification; or will obtain certification within 2 years of hire.
Preferred Qualifications
Certified Professional in Health Care Risk Management (CPHRM)
Certified in Healthcare Risk Management (CHRM)
What Mayo Clinic employees say
Pay
Benefits
Hours and flexibility
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About Mayo Clinic
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Mayo Clinic is the largest integrated, not-for-profit medical group practice in the world. We're building the future, one where the best possible care is available to everyone — and more people can heal at home. Our relentless research turns into earlier diagnoses and new cures. That's how we inspire hope in those who need it most. At Mayo Clinic, experts work together to solve the most challenging unmet needs of patients. Our history of innovation dates back almost 150 years, when brothers Will and Charlie Mayo pioneered an integrated, team-based approach to medicine. Today, that trailblazing spirit drives innovations like Mayo Clinic Platform — which powers new technologies to change how care is delivered to all.
Industry
Hospitals
Company size
10,000+ Employees
Headquarters location
Rochester, MN, US
Year founded
1919