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

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 ...

Chubb

Sr. Underwriting Assistant

Simsbury, CT · On-site

This Sr. Underwriting Assistant provides assistance to assigned Westchester Fin-Lines underwriters ... risk analysis. It also involves calculating renewal ratings and documenting changes to risk ...

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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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 Jul 21, 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, and why are they important?

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 much do risk analysts get paid?

Risk analysts typically earn a median annual salary of around $70,000 to $90,000, depending on experience, location, and industry. Senior risk analysts with specialized skills and certifications can earn higher salaries, often exceeding $100,000 annually.

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 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 is the salary of senior risk analyst in JP Morgan?

The average salary for a Senior Risk Analyst at JP Morgan typically ranges from $80,000 to $130,000 annually, depending on experience, location, and specific department. Additional compensation may include bonuses and benefits, and the role often requires proficiency in risk management tools and certifications such as FRM or CFA.

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 July 2026, with employment types broken down into 85% Full Time, 10% Part Time, 2% Temporary, and 3% Contract. Highlights an 82% Physical, 8% Hybrid, and 10% Remote job distribution, with an average salary of $109,462 per year, or $52.6 per hour.
Sr. Underwriting Strategy Analyst - Remote Opportunity

Sr. Underwriting Strategy Analyst - Remote Opportunity

GuideOne Insurance

Hartford, CT • Remote

Other

Posted 5 days ago

New

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