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Senior Risk Analyst Jobs in Crystal Lake, IL (NOW HIRING)

Senior IT Business Analyst

Lake Forest, IL · On-site

$85K - $113K/yr

Senior IT Business Analyst for a 3-month initial contract for an insurance industry client in the ... risk identification, and backlog creation. Key Responsibilities * Lead start-to-finish business ...

... senior-level)experience in medical device risk management or product development * Working knowledge of ISO 14971 and related standards * Experience with risk analysis tools (e.g., FMEA, FTA, hazard ...

Senior Financial Analyst

Addison, IL · On-site

$85K - $106K/yr

Position Overview The Senior Financial Analyst will play a critical role within the FP&A group ... urgency, and shared risk. o Creativity - Challenge the status quo with ingenuity and ...

Introduction At Artex, we reimagine what risk management can be and we do it with bold thinking ... How you'll make an impact As a Senior Financial Analyst your primary focus will be collaborating ...

Senior Financial Analyst

Schaumburg, IL · Hybrid

$84K - $105K/yr

Zurich North America is currently looking for a Senior Financial Analyst to support the design ... Zurich North America is a leader in risk management, with over 150 years of expertise and coverage ...

Senior Tax Analyst

Schaumburg, IL · Hybrid

$114K - $114K/yr

As a Senior Tax Analyst, you would, under guidance, lead or perform complex tax transactional tasks ... Zurich North America is a leader in risk management, with over 150 years of expertise and coverage ...

Senior Tax Analyst

Schaumburg, IL · On-site

$114K - $114K/yr

As a Senior Tax Analyst, you would, under guidance, lead or perform complex tax transactional tasks ... Zurich North America is a leader in risk management, with over 150 years of expertise and coverage ...

Showing results 21-40

Senior Risk Analyst information

See Crystal Lake, IL salary details

$51.9K

$106.5K

$138.2K

How much do senior risk analyst jobs pay per year?

As of Aug 9, 2026, the average yearly pay for senior risk analyst in Crystal Lake, IL is $106,526.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,800.00 and $132,900.00 per year, depending on experience, location, and employer.

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

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 do senior risk analysts get paid?

Senior risk analysts typically earn a median annual salary between $80,000 and $120,000, depending on experience, industry, and location. They often require strong analytical skills and knowledge of risk management tools and regulations.

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.

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 job categories do people searching Senior Risk Analyst jobs in Crystal Lake, IL look for? The top searched job categories for Senior Risk Analyst jobs in Crystal Lake, IL are:
What cities near Crystal Lake, IL are hiring for Senior Risk Analyst jobs? Cities near Crystal Lake, IL with the most Senior Risk Analyst job openings:

Performance Analyst or Senior Performance Analyst

Zurich Insurance Group

Schaumburg, IL • On-site

$72K - $157K/yr

Full-time

Re-posted 9 days ago


Job description

We are currently seeking an inquisitive Performance Analyst or Senior Performance Analyst to join the Zurich Resilience Solutions (ZRS) US Finance team. This role plays a critical part in delivering timely, accurate, and actionable financial insights that support strategic decision-making and drive business performance.
The individual will work with the Head of Finance and ZRS leadership team to provide support and advice to help deliver on strategic priorities. This position reports to the Head of Finance.
This role will be filled at either the Performance Analyst or Senior Performance Analyst level. The hiring manager will determine the appropriate level based upon the selected applicant's experience and skill set relative to the qualifications listed for this position.
This role has a hybrid schedule with 3 days a week presence in the Schaumburg Headquarters.
As a key financial partner, you will collaborate across segments and leadership to ensure alignment of financial goals with business objectives. This role will support budgeting, forecasting and performance analysis. In addition, it will support ad hoc requests, projects and cross-train with other members of the team.
The ideal candidate will have intermediate experience in Excel and PowerPoint and a strong understanding of finance and a P&L statement. Other skills include good communication (both written and verbal) and critical thinking with an analytical mindset.
In this role you will be responsible for:
  • Communicating complex financial information and insights to business partners across multiple functions.
  • Prepare key messages, reports and financial analyses to deliver insights to management teams.
  • Supporting the planning and forecasting process and collaborating with business unit leadership to explain changes and impacts.
  • Providing advanced financial analysis and modeling.
  • Monitor/review business progress relative to business/operational plans.
  • Evaluate key projects/initiatives to determine if key deliverables are being met.
  • Identifying gaps in analysis and additional analyses that should be conducted.
  • Apply industry knowledge to own work and bring knowledge to bear with other analysts.
  • Developing written communications that convey analyses and insights in a cohesive story.
  • Defining data requirements and identifying appropriate sources.
  • Build rapport with stakeholders/senior executives and tell a compelling story of results
  • Participating in training and development of new hires.

Performance Analyst Basic Qualifications:
  • Bachelors Degree and 4 or more years of experience in the Accounting or Finance area
    OR
  • High School Diploma or Equivalent and 6 or more years of experience in the Accounting or Finance area
    OR
  • Completion of Zurich Finance Development Program, including a Bachelors Degree and 2 or more years of experience in the Accounting or Finance area
    OR
  • Zurich Certified Insurance Apprentice with 4 or more years of experience in the Accounting or Finance area

OR
Senior Performance Analyst Basic Qualifications:
  • Bachelors Degree and 6 or more years of experience in the Accounting or Finance area
    OR
  • High School Diploma or Equivalent and 8 or more years of experience in the Accounting or Finance area
    OR
  • Zurich Certified Insurance Apprentice including associate degree and 6 or more years of experience in the Accounting or Finance area

Preferred Qualifications:
  • Insurance industry experience
  • Bachelors Degree in Finance or Accounting
  • Knowledgeable of P&L
  • Project management experience
  • CPA, CPCU, CFA or CTP
  • Strong Microsoft Office experience
  • Strong verbal and written communication skills
  • Experience using Power BI, SAP, and BPC
  • Experience navigating co-pilot successfully

Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply-your unique background matters to us. The combined salary range for this position is $72,500.00 - $157,000.00. The proposed salary range for the Performance Analyst is $72,500.00 - $118,700.00, with short-term incentive bonus eligibility set at 10%. The proposed salary range for the Senior Performance Analyst is $95,900.00 - $157,000.00, with short-term incentive bonus eligibility set at 15%.
We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here.]
Why Zurich?
At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment-so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500®.
Join us for a brighter future-for yourself and our customers.
Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets.
Zurich complies with 18 U.S. Code § 1033.
Please note: Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal.
Location(s): AM - Schaumburg
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No
Linkedin Recruiter Tag: #LI-AW1 #LI-ASSOCIATE #LI-HYBRID