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

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 ...

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 ...

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 ...

... risk analysis, and executive reporting. You will work alongside project managers, engineers, and senior stakeholders to provide the visibility and controls necessary to deliver projects safely ...

The Senior Sourcing Analyst is responsible for leading the strategic sourcing, procurement, and ... risk. * Evaluate supplier capabilities and recommend supplier selection based on quality, service ...

The Senior Sourcing Analyst is responsible for leading the strategic sourcing, procurement, and ... risk. * Evaluate supplier capabilities and recommend supplier selection based on quality, service ...

Showing results 41-60

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 Sep 3, 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.

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.

Do risk analysts make good money?

Risk analysts typically earn a competitive salary that varies by industry, experience, and location. According to industry data, the median annual wage for risk analysts is around $80,000, with experienced professionals earning over $100,000. Certifications like FRM or CRM can enhance earning potential, and strong analytical skills are essential in this role.

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.

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 is the salary of a senior risk analyst?

The salary of a senior risk analyst typically ranges from $80,000 to $130,000 annually, depending on experience, industry, and location. They often require strong analytical skills and proficiency with risk management tools and software.

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:

Senior Internal Controls Analyst

Zurich Insurance Company Ltd.

Schaumburg, IL • On-site

$72K - $118K/yr

Full-time

Posted 28 days ago


Job description

Zurich is currently looking for a Senior Internal Controls Analyst to work out of our North American Headquarters in Schaumburg, Illinois.


Primary responsibilities include supporting management to ensure internal controls are in place and operating effectively in accordance with the Group Internal Control Integrated Framework (ICIF), with the main area of focus being financial controls.  Work with an experienced team to bring innovative solutions to management to increase the efficiency and effectiveness of the control environment.  Support manager and senior internal control analysts to understand the root cause of errors identified and help develop remediation plans. 

Some of the key accountabilities for this role:

  • Ability to analyze processes to identify risks and control weaknesses
  • Ability to design and implement appropriate controls to strengthen the control environment and mitigate company risks
  • Recognize the impact of major external or internal changes to the control environment
  • Bring a systematic and disciplined approach to maintain the control environment
  • Ability to document processes from start to finish through the collaboration with subject matter experts
  • Ability to design and execute the testing of internal controls and facilitate the related remediation for any control deficiencies identified
  • Ability to promote and educate control owners on the importance of internal controls
  • Support the business and Internal Controls team in automating controls and testing where appropriate

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
  • Zurich Certified Insurance Apprentice including an Associate Degree and 4 or more years of experience in the Accounting or Finance area
    AND
  • Knowledge of accounting principles
  • General ledger or transactional experience
  • Experience with financial reporting systems, business objects and financial query tools 

Preferred Qualifications (Sr Internal Controls Analyst):

  • Insurance industry experience
  • 1 or more years’ experience related to internal / external audit
  • Knowledge of accounting principles
  • Intermediate level Microsoft Office Suite and Visio experience

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 pay range shown is a national average and may vary by location. The proposed Salary range for this position is $72,500.00 - $118,700.00, with short-term incentive bonus eligibility set at 10%.

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-GR1 LI-ASSOCIATE #LI-HYBRID