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Senior Risk Analyst Jobs in Tennessee (NOW HIRING)

Covenant Health

SR RISK MANAGER

Knoxville, TN · On-site

Overview Senior Risk Manager Full Time, 80 Hours Per Pay Period, Day Shift Covenant Health Overview ... Leads root cause analysis and makes recommendations for improvement. * Actively participates in ...

Covenant Health

SR RISK MANAGER

Knoxville, TN · On-site

Senior Risk Manager Full Time, 80 Hours Per Pay Period, Day Shift Covenant Health Overview ... Leads root cause analysis and makes recommendations for improvement. * Actively participates in ...

Wood Plc

Senior Risk Assessor

Knoxville, TN · On-site +1

... Senior Risk Assessor in the Southeast US. Possible office locations for this role would be ... data analysis * Working knowledge of the federal, state, and local regulations / ordinances ...

Wood Plc

Senior Risk Assessor

Nashville, TN · On-site +1

... Senior Risk Assessor in the Southeast US. Possible office locations for this role would be ... data analysis * Working knowledge of the federal, state, and local regulations / ordinances ...

Stantec

Senior Noise Analyst

Nashville, TN · On-site

Your Opportunity We're looking for a Senior Noise Analyst to support our Mid-Atlantic Traffic Noise team. The position will be responsible for providing expertise in traffic noise, abatement, and ...

Stantec

Senior Noise Analyst

Chattanooga, TN · On-site

Your Opportunity We're looking for a Senior Noise Analyst to support our Mid-Atlantic Traffic Noise team. The position will be responsible for providing expertise in traffic noise, abatement, and ...

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All JobsSenior Risk Analyst JobsSenior Risk Analyst Jobs in Tennessee

Senior Risk Analyst information

See Tennessee salary details

$48.6K

$99.7K

$129.3K

How much do senior risk analyst jobs pay per year?

As of Jun 29, 2026, the average yearly pay for senior risk analyst in Tennessee is $99,698.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,100.00 and $124,300.00 per year, depending on experience, location, and employer.

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

To thrive as a Senior Risk Analyst, you need strong analytical skills, a solid grasp of risk assessment methodologies, and typically a degree in finance, economics, or a related field. Proficiency with risk management software, data analysis tools like Excel, and familiarity with regulatory frameworks such as Basel III or SOX is often required. Attention to detail, critical thinking, and effective communication are crucial soft skills for identifying, evaluating, and reporting risks. These competencies are vital for ensuring accurate risk identification and mitigation, supporting sound business decisions, and maintaining regulatory compliance.

How does a Senior Risk Analyst typically collaborate with other departments to identify and mitigate risks?

Senior Risk Analysts regularly work with teams across the organization, such as compliance, finance, operations, and IT, to identify emerging risks and implement mitigation strategies. They often participate in cross-functional meetings, provide insights from data analysis, and help develop policies that address both regulatory requirements and business objectives. Building strong working relationships and communicating complex risk scenarios in an accessible way are key to ensuring coordinated risk management efforts. This collaborative approach not only helps in early detection of potential issues but also fosters a proactive risk culture within the company.

How much does a senior risk analyst make in the US?

A senior risk analyst in the US typically earns between $80,000 and $120,000 annually, depending on experience, industry, and location. They often require strong analytical skills, knowledge of risk management tools, and relevant certifications such as FRM or CRM.

Do risk analysts make a lot of money?

Risk analysts typically earn a competitive salary that varies based on experience, education, and industry. According to industry data, the median annual salary for risk analysts is around $70,000 to $90,000, with higher earnings possible for senior or specialized roles. Certifications like FRM or CRM can also enhance earning potential.

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

AspectSenior Risk AnalystRisk Analyst
Required CredentialsBachelor's degree, often certifications like FRM or CRMBachelor's degree, some certifications like FRM or CRM
Work EnvironmentFinancial institutions, insurance companies, consulting firmsFinancial firms, corporations, government agencies
Employer & Industry UsageUsed across finance, insurance, and consulting sectorsCommon in finance, banking, and insurance industries

The main difference is that Senior Risk Analysts typically have more experience, advanced certifications, and handle more complex risk assessments. They often lead projects and mentor junior staff, whereas Risk Analysts focus on data collection, analysis, and supporting risk management processes.

How much does a senior risk analyst earn?

A senior risk analyst typically earns between $80,000 and $120,000 annually, depending on experience, industry, and location. They often require strong analytical skills and knowledge of risk management tools and regulations.

What does a senior risk analyst do?

A senior risk analyst evaluates potential risks that could impact an organization’s financial health, operations, or reputation. They analyze data, develop risk mitigation strategies, and use tools like risk assessment software to inform decision-making. This role often requires strong analytical skills, industry knowledge, and relevant certifications such as FRM or CRM.
What are the most commonly searched types of Risk Analyst jobs in Tennessee? The most popular types of Risk Analyst jobs in Tennessee are:
What are popular job titles related to Senior Risk Analyst jobs in Tennessee? For Senior Risk Analyst jobs in Tennessee, the most frequently searched job titles are:
What job categories do people searching Senior Risk Analyst jobs in Tennessee look for? The top searched job categories for Senior Risk Analyst jobs in Tennessee are:
What cities in Tennessee are hiring for Senior Risk Analyst jobs? Cities in Tennessee with the most Senior Risk Analyst job openings:
What are popular job titles related to Senior Risk Analyst jobs in TN? For Senior Risk Analyst jobs in TN, the most frequently searched job titles are:
Senior Risk Analyst jobs near you

SR RISK MANAGER

Covenant Health

Knoxville, TN • On-site

Full-time

Posted 20 days ago

Key responsibilities

  • Has full responsibility for operations of the risk management program at the facility.

  • Directs loss control and loss prevention activities and reports results to senior administration and the corporate risk department.

  • Leads root cause analysis and participates on relevant committees and task forces related to patient safety and risk management.

Job description

Overview
Senior Risk Manager
Full Time, 80 Hours Per Pay Period, Day Shift
Covenant Health Overview:
Covenant Health is the region's top-performing healthcare network with 10 hospitals, outpatient and specialty services, and Covenant Medical Group, our area's fastest-growing physician practice division. Headquartered in Knoxville, Covenant Health is a community-owned integrated healthcare delivery system and the area's largest employer. Our more than 11,000 employees, volunteers, and 1,500 affiliated physicians are dedicated to improving the quality of life for the more than two million patients and families we serve every year. Covenant Health is the only healthcare system in East Tennessee to be named a Forbes "Best Employer" seven times.
Position Summary:
The senior risk manager is responsible for the facility's risk management activities, which include, but may not be limited to, managing claims against the facility, interfacing with defense legal counsel, administering the risk management program on a day-to-day basis, managing and analyzing risk management data, conducting risk management educational programs, complying with risk management related standards by The Joint Commission and other accrediting or regulatory agencies, all with the objective of maintaining patient safety, enhancing quality care, and minimizing loss to protect the assets of the facility. This individual participates in formulating policy and/or organizational changes. The senior risk manager performs these functions reporting to the corporate director of risk management directly and to a facility vice-president indirectly.
Responsibilities
  • Has full responsibility for operations of the risk management program at the facility.
  • Directs loss control/loss prevention activities and reports results to senior administration at the facility and the corporate risk department.
  • Supervises the statistical trending of losses and analyzes patterns.
  • Designs and implements risk management surveys and studies; conducts surveys, studies, and special projects to assist in long-term planning and changes to facility policies and systems that reduce risk and losses.
  • Responsible for identifying and communicating regulatory requirements.
  • Leads development of facility-wide approach on disclosure of medical errors and obtains physician support.
  • Submits recommendations for changes in the existing risk control and risk-financing procedures based on changes in properties, operations, or activities.
  • . Evaluates correspondence from attorneys, patients, and other outside sources, and formulates responses, as necessary.
  • Records, collects, documents, maintains, and communicates to corporate risk and/or attorney any information necessary to prepare testimony in pending litigation.
  • Assists with release of records and information in response to subpoenas, court orders, attorney requests, state and federal agency investigations, and other inquiries from outside sources.
  • Maintains risk case files and strives to maintain maximum protection from discoverability of such files.
  • Answers medical/legal inquiries of physicians, nurses, and administrators regarding emergent patient care issues and loss control.
  • Resolves treatment issues, including patient decisions made against medical advice (AMA), refusals of treatment, and consent issues; initiates court orders as appropriate via in-house and outside legal counsel.
  • Maintains awareness of legislative activities that may affect risk management programs and participates in the legislative process.
  • Leads and/or participates in the Risk Management Subcommittee, affiliate Risk Management Subcommittee, Root Cause Analysis Oversight Team, Patient Safety Committee and others as directed.
  • Assumes risk management on-call responsibility for the system as a part of the call rotation.
  • Receives incident reports and other information regarding untoward occurrences in the facility, and collates such information systematically to permit analysis pursuant to risk management policy and procedure. When risk management personnel are informed of an incident, the investigation should include getting the facts, determining the event's significance, reviewing the medical record, deciding who must know about the event, determining how to proceed with the patient, securing all evidence (e.g. documentation, equipment, etc.), interviewing appropriate people, and creating a comprehensive investigation file.
  • Plans, develops, and presents educational material to administration, the medical staff, nursing personnel, and other department personnel on topics related to risk management as they affect personnel.
  • Supports the patient safety initiatives through direct participation on committees/task forces.
  • Develops and implements educational programs designed to minimize the frequency and reduce the severity of actual and potential safety hazards throughout the facility.
  • Leads root cause analysis and makes recommendations for improvement.
  • Actively participates in patient safety goals by providing data to support priorities.
  • Has an active role in FMEA (Failure Mode and Effects Analysis).
  • Acts as resource, internal consultant, and educator for patient safety/risk management issues.
  • Responds to professional/liability and facility liability questions posed by physicians, nurses, and other personnel.
  • Complies with various codes, laws, rules and regulations concerning patient care, including those mandated by state and federal agencies and incident reporting. Also includes investigative activities with federal, state and local enforcement authorities.
  • Disseminates lessons learned from root cause analysis, system or process failures, and the results of proactive risk assessments to staff that provide services for the specific situations. Disseminates feedback to the appropriate providers and workforce.
  • Assists in communicating unanticipated outcomes and/or unusual events to patients and their families in a compassionate and honest manner and in compliance with policies and procedures.
  • Oversees investigation of incidents/accidents/events that could lead to financial loss, including professional liability, general liability, and workers' compensation.
  • Investigates risks involving actual or potential injury to patients, visitors, and employees; and, collects information necessary to prepare for the defense of claims.
  • Interacts with legal counsel and patients/families to effect timely settlement.
  • Provides direction and advice to medical staff, as necessary, in connection with malpractice litigation and medico legal matters.
  • Reports patient care-related incidents to the Department of Health, FDA, or other agencies if required by law; directs investigation and development of corrective plans; submits required reports to state and federal agencies.
  • Complies with required mandatory reporting of the Medicare, Medicaid, and SCHIP Extension Act of 2007.
  • Plans, develops and presents educational material to administration, medical staff, nursing personnel and other department personnel on current topics related to risk management.
  • Develops and implements educational programs to reduce or eliminate potential safety hazards throughout the facility.
  • Develops and presents educational material to new and current employees.
  • Provides on-going coordination of system policies on the Covenant Health Intranet.
  • Serves as a system policy resource for Covenant Health.
  • Performs other duties as assigned or requested.

Qualifications
Minimum Education:
None specified; however, must be sufficient to meet the standards for achievement of the below indicated license and/or certification as required by the issuing authority.
Minimum Experience:
An equivalent combination of education and experience as evidenced by the possession of a RN, Bachelor's degree in nursing, business administration, health administration, public health, education, or directly related field and four (4) years experience providing direct patient care in a clinical health care environment and two (2) years experience in management; risk management; or similarly responsible position may be accepted in lieu of the above indicated education and experience requirements.
Licensure Requirement:
Current Tennessee RN license

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