ZipRecruiter

Log In

1

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

Talcott Financial Group

Senior Risk Analyst

Hartford, CT · On-site

$107K - $127K/yr

A Senior Risk Analyst will independently interpret risk exposures, offer clear insights to senior stakeholders and provide critical insights regarding enhancements of the ERM reporting processes. Our ...

Talcott Financial Group

Risk Analyst

Hartford, CT · On-site

$70K - $90K/yr

Our Risk Analyst position will offer the selected candidate exposure to Senior ERM Leadership such as the Head of Risk Reporting and the Chief Risk Officer. The selected candidate will work on a ...

The Hartford

Risk Manager, Investment Risk

Hartford, CT · On-site +1

Respond to market events, senior leader requests, and ad-hoc analyses with clear, timely investment risk conclusions. * Support scalable surveillance, reporting, and analytical processes that improve ...

Munich RE

Senior Internal Auditor

Hartford, CT · On-site

$85K - $105K/yr

The Senior Internal Auditor leads engagement teams that conduct independent assessments of Munich ... Independently or through guiding assigned audit staff, conducts risk analysis, control ...

Munich Re

Senior Internal Auditor

Hartford, CT · Hybrid

$85K - $105K/yr

The Senior Internal Auditor leads engagement teams that conduct independent assessments of Munich ... Independently or through guiding assigned audit staff, conducts risk analysis, control ...

Munich Re

Senior Internal Auditor

Hartford, CT · On-site

$85K - $105K/yr

The Senior Internal Auditor leads engagement teams that conduct independent assessments of Munich ... Independently or through guiding assigned audit staff, conducts risk analysis, control ...

next page

Showing results 1-20

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

Senior Risk Analyst information

See Springfield, MA salary details

$53.3K

$109.5K

$142K

How much do senior risk analyst jobs pay per year?

As of Aug 10, 2026, the average yearly pay for senior risk analyst in Springfield, MA is $109,462.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,200.00 and $136,500.00 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 are the most commonly searched types of Risk Analyst jobs in Springfield, MA? The most popular types of Risk Analyst jobs in Springfield, MA are:
What are popular job titles related to Senior Risk Analyst jobs in Springfield, MA? For Senior Risk Analyst jobs in Springfield, MA, the most frequently searched job titles are:
What cities near Springfield, MA are hiring for Senior Risk Analyst jobs? Cities near Springfield, MA with the most Senior Risk Analyst job openings:
Senior Risk Analyst jobs near you
Infographic showing various Senior Risk Analyst job openings in Springfield, MA as of August 2026, with employment types broken down into 1% As Needed, 91% Full Time, 6% Part Time, and 2% Contract. Highlights an 79% Physical, 3% Hybrid, and 18% Remote job distribution, with an average salary of $109,462 per year, or $52.6 per hour.

Senior Risk Analyst

Talcott Financial Group

Hartford, CT • On-site

$107K - $127K/yr

Full-time

Re-posted 20 days ago

Job description

Overview:
Enterprise Risk Management (ERM) operates as an independent second line of defense, responsible for maintaining and enforcing Talcott's risk management framework across all subsidiaries. One of our key accountabilities is to monitor key exposures across market, credit, liquidity, and insurance risks. We produce actionable, data-driven risk insights This team is composed of actuaries, CFA charter holders, and risk professionals. The Enterprise Risk Management team partners closely with other business partners in Investment Management, Finance, and Actuarial functions. Our selected candidate will be responsible for end-to-end ownership of key ERM reporting and analytics, including ensuring data integrity, methodological consistency, and alignment with the firm's risk framework. A Senior Risk Analyst will independently interpret risk exposures, offer clear insights to senior stakeholders and provide critical insights regarding enhancements of the ERM reporting processes.
Our Senior Risk Analyst position will offer the selected candidate exposure to Senior ERM Leadership such as the Head of Risk Reporting and the Chief Risk Officer. The ideal candidate will work on a hybrid in-office schedule at either our Hartford, CT office or our Charlotte, NC office.
Responsibilities:
  • Own and produce core ERM reports across key risk areas, including mark-to-market exposure, issuer concentration limits, WARF metrics, hedge effectiveness, liquidity, and stress testing
  • Ensure accuracy, completeness, and consistency of reporting outputs while understanding data sources, methodologies, and key assumptions
  • Analyze, interpret, and explain changes in risk metrics
  • Identify emerging risks and potential limit breaches
  • Monitor portfolio exposures relative to risk appetite, limits, and investment guidelines
  • Support liquidity analysis, interpretation of cash flow projections and stress scenarios
  • Modify and extend reporting frameworks to incorporate new transactions (e.g., block and flow reinsurance deals)
  • Lead automation and process improvement initiatives to enhance scalability, efficiency, and control of ERM reporting
  • Serve as a key point of contact for cross-functional partners (Investment Management, Finance, Actuarial) on risk reporting and data-related topics
  • Review work produced by other analysts and provide guidance to ensure consistency and quality
  • Contribute to transaction reviews by assessing the impact of new strategies on risk metrics or reporting

Qualifications:
  • Bachelor's degree in actuarial science, finance, risk management, or a related quantitative field
  • Minimum of 4 years of experience in insurance, asset management or financial analytics
  • An ASA, FSA, or CFA designation is a plus
  • Proficiency in Excel, VBA, and SQL are required
  • Experience with Python, Power BI, or similar tools for automation and data visualization strongly preferred
  • Demonstrated ability to take ownership of processes and drive improvements independently
  • Experience providing project oversight or leading components of projects is a plus
  • Strong communication skills, with the ability to translate complex analysis into clear, actionable insights for senior stakeholders
  • Attention to detail and ability to manage multiple deliverables
  • Strong analytical and problem-solving skills, with demonstrated experience working with complex datasets and reporting frameworks
  • Results-oriented with a demonstrated ability to work under tight deadlines in a high-performance environment.

Apply