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Senior Risk Analyst Jobs in Hampden, MA (NOW HIRING)

MassMutual

Third-Party Risk Consultant

Springfield, MA

$86K - $113K/yr

Analyze third-party services, data flows, and system integrations to identify and recommend ... Partner with senior practitioners to support risk rating determinations and escalation decisions

Westfield Bank

Senior Credit Analyst (FT)

Springfield, MA · On-site

$70K - $105K/yr

Senior Credit Analyst Department: Credit Administration Job Status: Full Time FLSA Status: Exempt ... risk rating. * Analyzes financial statements and cash flow of moderately complex borrowers and ...

Cushman & Wakefield

Senior Analyst

Hartford, CT · Hybrid

$88K - $117K/yr

Job Title Senior Analyst Summary This hybrid role combines financial management and operational ... Contract Management - Activate contractual levers to improve margin, mitigate risk, and enhance ...

Cushman & Wakefield

Senior Analyst

Hartford, CT · Hybrid

$88K - $117K/yr

Job Title Senior Analyst Summary This hybrid role combines financial management and operational ... Contract Management - Activate contractual levers to improve margin, mitigate risk, and enhance ...

Cushman & Wakefield

Senior Analyst

Hartford, CT · Hybrid

$88K - $117K/yr

Job Title Senior Analyst Summary This hybrid role combines financial management and operational ... Contract Management - Activate contractual levers to improve margin, mitigate risk, and enhance ...

Cushman & Wakefield

Senior Analyst

Hartford, CT · Hybrid

$88K - $117K/yr

Job Title Senior Analyst Summary This hybrid role combines financial management and operational ... Contract Management - Activate contractual levers to improve margin, mitigate risk, and enhance ...

WSP

Senior Program Controls Manager

Glastonbury, CT · On-site

$180K - $275K/yr

... risk analysis. * Proven track record of interfacing with clients and senior stakeholders, with ... exceptional communication and presentation skills. * Strong leadership, organizational, and ...

WSP

Senior Program Controls Manager

Glastonbury, CT · On-site

$180K - $275K/yr

... risk analysis. * Proven track record of interfacing with clients and senior stakeholders, with ... exceptional communication and presentation skills. * Strong leadership, organizational, and ...

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All JobsRisk Analyst JobsSenior Risk Analyst JobsSenior Risk Analyst Jobs in Hampden, MA

Senior Risk Analyst information

See Hampden, MA salary details

$54.2K

$111.3K

$144.3K

How much do senior risk analyst jobs pay per year?

As of Aug 11, 2026, the average yearly pay for senior risk analyst in Hampden, MA is $111,255.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,700.00 and $138,800.00 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 cities near Hampden, MA are hiring for Senior Risk Analyst jobs? Cities near Hampden, MA with the most Senior Risk Analyst job openings:
Senior Risk Analyst jobs near you
Infographic showing various Senior Risk Analyst job openings in Hampden, MA as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 12% Part Time, and 3% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $111,255 per year, or $53.5 per hour.

Sr. Underwriting Strategy Analyst - Remote Opportunity

GuideOne Insurance

Hartford, CT • Remote

Full-time

Posted 25 days ago

Job description

The Senior Underwriting Strategy Analyst supports the Director of Underwriting Strategy in driving portfolio performance, optimizing underwriting, and advancing strategic initiatives across the underwriting lifecycle. This role blends analytics, underwriting expertise, and cross-functional leadership to improve risk selection, profitability, and operational efficiency.

Accountabilities:

Underwriting Strategy & Portfolio Management

  • Support development and execution of underwriting strategies aligned to growth, profitability, and risk appetite goals
  • Analyze portfolio performance trends (loss ratio, hit rate, retention, pricing adequacy) and recommend actionable improvements
  • Monitor underwriting guidelines and identify opportunities for refinement based on emerging experience and market dynamics
  • Assist in segmentation strategies to optimize risk selection and pricing precision

Data Analysis & Insights

  • Conduct advanced data analysis to identify drivers of loss, profitability, and underwriting performance
  • Develop dashboards, scorecards, and reporting frameworks for leadership visibility
  • Partner with actuarial, data science, and finance teams to evaluate pricing models and assumptions
  • Translate complex data into clear, actionable recommendations for underwriting leadership

Underwriting Governance & Execution

  • Support governance frameworks including referral processes, authority structures, and underwriting controls
  • Perform audits and quality assurance reviews to ensure adherence to underwriting guidelines
  • Identify process gaps and recommend enhancements to improve consistency and decision quality

Cross-Functional Collaboration

  • Partner with Product, Actuarial, Claims, Distribution, and Operations to align strategy and execution
  • Contribute to product development, coverage enhancements, and market positioning initiatives
  • Support field underwriting teams with insights, tools, and strategic guidance

Process Improvement & Transformation

  • Identify and lead initiatives to streamline underwriting workflows and reduce friction
  • Support automation, digitization, and decision-support tool development
  • Drive continuous improvement in underwriting efficiency and scalability

Strategic Projects

  • Lead or support high-impact initiatives such as:
    • New program or segment launches
    • Profitability remediation strategies
    • Expansion into new markets or distribution channels
  • Prepare executive-level presentations and strategic recommendations

Apply