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Senior Risk Analyst Jobs in Odessa, TX (NOW HIRING)

Contracts Specialist

Odessa, TX · On-site

$90 - $120/hr

Identify contractual and operational risks and develop clear, structured risk analyses and ... Prepare briefing documents, summaries, and presentations for senior management, highlighting key ...

Senior Engineer

Midland, TX · On-site

$102K - $140K/yr

This may include performing and/or leading field investigations, engineering analysis, calculations ... Be familiar with company risk policies. * Senior level engineering professional providing technical ...

Develop understanding and be aware of project-related risk. Be familiar with what could go wrong on ... Supervise the analysis and formation of recommendations in written reports. * Assist in ...

New

Senior Engineer

Midland, TX · On-site

$98K - $135K/yr

This may include performing and/or leading field investigations, engineering analysis, calculations ... Be familiar with company risk policies. * Senior level engineering professional providing technical ...

Senior Engineer

Midland, TX

$102K - $140K/yr

This may include performing and/or leading field investigations, engineering analysis, calculations ... Be familiar with company risk policies. * Senior level engineering professional providing technical ...

We are seeking an experienced and motivated Sr. Specialist to join our Ops Training team at the ... Conduct risk assessments, job hazard analyses, and other safety evaluations to promote a safe work ...

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Showing results 1-20

Senior Risk Analyst information

See Odessa, TX salary details

$54K

$110.8K

$143.8K

How much do senior risk analyst jobs pay per year?

As of Sep 4, 2026, the average yearly pay for senior risk analyst in Odessa, TX is $110,843.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,300.00 and $138,200.00 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 Odessa, TX look for?

The top searched job categories for Senior Risk Analyst jobs in Odessa, TX are:

What cities near Odessa, TX are hiring for Senior Risk Analyst jobs?

Cities near Odessa, TX with the most Senior Risk Analyst job openings:

Infographic showing various Senior Risk Analyst job openings in Odessa, TX as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $110,843 per year, or $53.3 per hour.

Senior Risk Services Specialist

W. R. Berkley Corporation

Midland, TX • On-site

$90 - $120/hr

Other

Posted 3 days ago

New


Key responsibilities

  • Conduct onsite and phone surveys of organizations to evaluate business operations, safety culture, hazards, and risk control quality.

  • Write detailed risk evaluation reports with technical assessments, safety culture analysis, and recommendations for risk improvement.

  • Serve as a technical resource to underwriters, claims handlers, and managers, providing expertise on oil and gas operations.


W.R. Berkley rating

9.0

Company rating: 9.0 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

38th of 315 rated insurance


Job description

Company Details

W. R. Berkley Corporation, founded in 1967, is one of the nation’s premier commercial lines of property and casualty insurance providers. Each of the operating units in the Berkley group participates in a niche market requiring specialized knowledge about a territory or product. Our competitive advantage lies in our long-term strategy of decentralized operations, allowing each of our units to identify and respond quickly and effectively.

Company URL: https://berkleyoil-gas.com/

The company is an equal opportunity employer.

Position Location: Midland, TX or Odess, TX

Responsibilities

As a Risk Services Specialist with Berkley Oil & Gas, you will be expected to ensure that the high standards of our organization are promoted and maintained. You will provide technical advice and account risk quality information to underwriting for the purposes of risk management and selection. This position will conduct onsite and phone surveys of organizations to evaluate the scope of business operations, safety culture, identify hazards, and overall risk control quality for various types of oil and gas operations. The position also provides risk services to help existing customers identify and eliminate or mitigate existing loss exposures. The scope of work includes all lines of commercial property and casualty coverages tailored to oil and gas operations.

  • Write detailed risk evaluation reports that provide a technical assessment of risk, addresses the safety culture and risk control practices, and to provide meaningful recommendations for improvement where needed.
  • Strong internal communication skills and the ability to build relationships with underwriting and claims, senior leadership, and with other Risk Control staff.
  • Strong external communication skills to develop key relationships with our brokers/agents and customers to create a long term business relationship through the successful renewal of accounts.
  • Serve as technical resource to underwriters, claims handlers, and managers. This includes being a subject matter expert (SME) on oil and gas operations, conducting research on emerging issues, and participating in key industry groups.
  • Work directly with customers on ways to control insured hazards in order to reduce or prevent losses.
  • Maintaining current knowledge of the industry trends, regulations and evolving/improving safety and risk management practices.
  • Analyze loss trends, recognize opportunities to provide risk control products and/or services which can help reduce losses.
  • Effective documentation of work completed in a manner that satisfies quality and timeliness expectations.
Qualifications
  • Technical and practical knowledge of upstream oil and gas industry, safety and risk management practices. This includes a working knowledge of health, safety, environmental, security and quality practices, requirements and regulations.
  • Knowledge of the oil and gas agency community and territory is a plus.
  • 5 years or more of experience in the upstream oil and gas sector.
  • Strong oral and written communication skills.
  • Must be an effective listener.
  • Analytical skills to critically assess risks as to exposures, hazards, and risk management quality.
  • Effective time management skills with a proven ability to identify and balance competing priorities and deliver quality results in a timely manner.
  • Candidate should demonstrate strong marketing skills to participate in new and renewal business development.
  • Strong technical and computer skills. Demonstrated ability to effectively use required software applications, such as Microsoft Office Suite. Should be able to create and modify documents and complex spreadsheets.
  • Must be able to climb ladders and stairs and transition to and from ladders or stairs in order to access oilfield equipment and operations, or other elevated surfaces within a customer site during risk assessment surveys.
  • Have the ability to navigate through customer sites in a safe manner, which may include drilling, completions, and production operations, manufacturing areas, warehouses, construction sites, etc. which may present surfaces that are uneven, wet, icy, and unstable or covered with debris or other obstacles.

Requires a minimum of 25% overnight travel and frequent day trips (company truck provided). Some travel by commercial aircraft is required.

Additional Company Details

We do not accept any unsolicited resumes from external recruiting agencies or firms.

  • The company offers a competitive compensation plan and robust benefits package for full time regular employees.
  • The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
Sponsorship Details

Sponsorship not Offered for this Role

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