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Work From Home Third Party Risk Analyst Jobs in Chicago, IL

Alera Group

Risk Analyst

Deerfield, IL · On-site +1

$87K - $110K/yr

Collaborate with purpose - Work alongside colleagues who believe the best results come from strong ... Perform third-party security and compliance risk assessments for new and existing vendors ...

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Work From Home Third Party Risk Analyst information

See Chicago, IL salary details

$15

$41

$67

How much do work from home third party risk analyst jobs pay per hour?

As of Aug 24, 2026, the average hourly pay for work from home third party risk analyst in Chicago, IL is $41.71, according to ZipRecruiter salary data. Most workers in this role earn between $30.72 and $50.77 per hour, depending on experience, location, and employer.

What does a work from home third party risk analyst do?

A Work From Home Third Party Risk Analyst is responsible for evaluating and managing the risks associated with a company's vendors, suppliers, or service providers. They assess the security, compliance, and operational standards of third parties to ensure they meet the organization’s requirements and regulatory obligations. Working remotely, they review documentation, conduct risk assessments, and recommend mitigation measures to protect the company from potential threats or disruptions caused by third-party relationships.

What are the key skills and qualifications needed to thrive as a work from home third party risk analyst, and why are they important?

To thrive as a Work From Home Third Party Risk Analyst, you need a solid understanding of risk management, vendor assessment, and compliance, typically supported by a bachelor’s degree in business, IT, or a related field. Familiarity with risk assessment frameworks, GRC (Governance, Risk, and Compliance) tools, and certifications such as CISA or CRISC are commonly required. Strong analytical thinking, attention to detail, and effective virtual communication skills help you excel in remote collaboration and complex problem-solving. These skills ensure that organizations can identify, assess, and mitigate risks posed by third-party vendors, safeguarding business operations and regulatory compliance.

What are some common challenges faced by work from home third party risk analysts, and how can they be managed?

One of the main challenges for Work From Home Third Party Risk Analysts is maintaining effective communication and collaboration with both internal teams and external vendors remotely. This can make it harder to gather necessary information or conduct timely risk assessments. Utilizing collaborative tools, setting clear expectations for regular updates, and establishing strong documentation practices are key strategies for overcoming these obstacles. Additionally, staying up to date on evolving cybersecurity threats and regulatory requirements is essential, given the dynamic nature of third-party risk management.

What is the difference between Work From Home Third Party Risk Analyst vs Work From Home Vendor Risk Analyst?

AspectWork From Home Third Party Risk AnalystWork From Home Vendor Risk Analyst
CredentialsCertifications like CRISC, CTPRP often preferredSimilar certifications, often overlapping
Work EnvironmentRemote, primarily analyzing third-party relationshipsRemote, focusing on vendor assessments and risk management
Employer & Industry UsageFinancial, healthcare, and tech sectorsFinancial institutions, retail, and service industries
Search & Comparison IntentOften searched for roles involving third-party risk managementOften compared for vendor risk assessment roles

Both roles involve remote work and risk analysis, with the main difference being the focus: third-party risk analysts evaluate overall third-party relationships, while vendor risk analysts specifically assess individual vendors. They share similar skills and certifications, making them closely related in the industry.

How much does a work from home third party risk analyst make?

A work-from-home third party risk analyst typically earns between $60,000 and $90,000 annually, depending on experience, certifications, and the employer. The role often requires strong analytical skills and knowledge of risk management tools, with remote positions offering flexibility in schedule and environment.

What are popular job titles related to Work From Home Third Party Risk Analyst jobs in Chicago, IL?

For Work From Home Third Party Risk Analyst jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Work From Home Third Party Risk Analyst jobs in Chicago, IL look for?

The top searched job categories for Work From Home Third Party Risk Analyst jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Work From Home Third Party Risk Analyst jobs?

Cities near Chicago, IL with the most Work From Home Third Party Risk Analyst job openings:

Work From Home Third Party Risk Analyst jobs near you
Infographic showing various Work From Home Third Party Risk Analyst job openings in Chicago, IL as of August 2026, with employment types broken down into 73% Full Time, 18% Part Time, and 9% Contract. Highlights an 100% Remote job distribution, with an average salary of $86,748 per year, or $41.7 per hour.

Risk Analyst

Alera Group

Deerfield, IL • On-site, Remote

$87K - $110K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 2 days ago

New

Alera Group rating

8.0

Company rating: 8.0 out of 10

Based on 30 frontline employees who took The Breakroom Quiz

167th of 311 rated insurance

Job description

OVERVIEW
Risk Analyst

Location: Deerfield, IL | Remote
Department: Corporate Services

Overview

At Alera Group, our corporate teams play a critical role in supporting the success of colleagues and clients across the country. From Human Resources and Finance to Technology, Legal, Marketing, and Operations, these professionals ensure our organization runs efficiently while enabling our teams to deliver exceptional service.

About Alera Group

Founded in 2017, Alera Group has grown to become the 14th largest broker of U.S. business. We are passionate about our clients’ success in Employee Benefits, Property & Casualty Insurance, and Financial Services. With offices nationwide, our collaborative approach allows us to deliver national strength with local service.

We are always looking to connect with talented professionals who want to contribute to a collaborative, high-growth environment and help drive strategic initiatives across a national organization.

Why Join Alera Group?
  • Collaborate with purpose – Work alongside colleagues who believe the best results come from strong partnerships, shared expertise, and supporting one another.
  • Build your career – Expand your expertise through meaningful work, continuous learning, and opportunities to grow across a national organization.
  • Make an impact – Help clients navigate complex challenges while contributing to solutions that make a difference for their businesses, employees, and communities.

RESPONSIBILITIES
  • Perform third-party security and compliance risk assessments for new and existing vendors, evaluating risk exposure, control effectiveness, business impact, and remediation requirements
  • Review SOC reports, security questionnaires, audit documentation, certifications, and other evidence to identify control gaps and potential business impacts
  • Coordinate and execute user access reviews, validating access appropriateness and ensuring identified issues are remediated promptly
  • Document risks, findings, recommendations, and remediation plans while maintaining accurate records within governance, risk, and compliance platforms
  • Serve as a trusted advisor to stakeholders by asking thoughtful questions, identifying underlying business needs, assessing potential risks, and translating ambiguous requests into clear risk assessment, governance, and compliance activities
  • Partner with Information Security, Technology, Legal, Procurement, and business stakeholders to identify requirements, resolve risk and compliance issues, and drive effective risk-based decision-making
  • Support internal and external audits, regulatory examinations, and compliance activities through evidence collection and documentation management
  • Develop risk metrics, reporting, and dashboards that drive visibility, support decision-making, and measure the effectiveness of third-party risk and governance programs
  • Identify opportunities to improve risk management processes, controls, reporting, governance practices, and automation capabilities

QUALIFICATIONS

Required Qualifications

  • 5+ years of experience in cybersecurity risk, IT risk, information security, governance, risk and compliance (GRC), third-party risk, IT audit, or a related field
  • Hands-on experience performing third-party or vendor security risk assessments
  • Experience coordinating or performing user access reviews, access certifications, or identity governance activities
  • Familiarity with cybersecurity and compliance frameworks such as NIST CSF, SOC 2, CIS Controls, HIPAA, or similar standards
  • Strong analytical, critical thinking, and communication skills with the ability to evaluate complex situations, identify underlying business and risk requirements, and effectively communicate recommendations to both technical and non-technical audiences
  • Experience working with GRC, ticketing, identity governance, or third-party risk management platforms
  • Exercise sound judgment when evaluating risk scenarios, identifying gaps in information, and determining appropriate next steps, stakeholders, and remediation activities
Certifications
  • CISA, CGRC or equivalent preferred
Preferred Qualifications
  • Experience within a regulated industry such as insurance, financial services, or healthcare
  • Experience supporting SOC 2, HIPAA, NYDFS, or similar regulatory and compliance programs
  • Experience with automated identity governance, access certification, or third-party risk management solutions
  • Experience supporting internal or external security and compliance audits
  • Ability to independently research requirements, develop risk-based recommendations, and communicate findings to stakeholders
  • Demonstrated ability to gather and clarify ambiguous requirements, ask effective probing questions, and develop practical risk-based solutions in collaboration with business stakeholders
Compensation
  • Salary Range: $87,000 - $110,000 annually
  • Bonus Eligible: Yes
Benefits

Eligible colleagues enjoy a comprehensive benefits package including:

  • Medical, dental, and vision insurance
  • Life and disability coverage
  • 401(k)
  • Generous paid time off
  • Professional development and career growth opportunities

ADDITIONAL INFORMATION

Work Model:
This role is Remote
Preference for Central or Eastern Time Zone

Professional Development – Alera Group Academy

At Alera Group, growth isn’t left to chance. Through Alera Group Academy, we provide structured development opportunities designed to help you expand your expertise and build a meaningful career.

You’ll have access to:

  • Role-specific learning paths

  • Leadership development programs

  • Technical and compliance training

  • Industry certifications and continuing education support

  • Peer learning and knowledge-sharing communities

Whether you’re deepening technical expertise or preparing for leadership, we’re invested in helping you grow.

We're an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status, or any other protected class.

Alera Group is committed to protecting your privacy. Please review our Privacy Policy to understand what personal information we may collect and use as part of your application process.

#LI-NO1

#LI-Remote 


Location Type
Hybrid - 2 or less days in officeQualifications:

Required Qualifications

  • 5+ years of experience in cybersecurity risk, IT risk, information security, governance, risk and compliance (GRC), third-party risk, IT audit, or a related field
  • Hands-on experience performing third-party or vendor security risk assessments
  • Experience coordinating or performing user access reviews, access certifications, or identity governance activities
  • Familiarity with cybersecurity and compliance frameworks such as NIST CSF, SOC 2, CIS Controls, HIPAA, or similar standards
  • Strong analytical, critical thinking, and communication skills with the ability to evaluate complex situations, identify underlying business and risk requirements, and effectively communicate recommendations to both technical and non-technical audiences
  • Experience working with GRC, ticketing, identity governance, or third-party risk management platforms
  • Exercise sound judgment when evaluating risk scenarios, identifying gaps in information, and determining appropriate next steps, stakeholders, and remediation activities
Certifications
  • CISA, CGRC or equivalent preferred
Preferred Qualifications
  • Experience within a regulated industry such as insurance, financial services, or healthcare
  • Experience supporting SOC 2, HIPAA, NYDFS, or similar regulatory and compliance programs
  • Experience with automated identity governance, access certification, or third-party risk management solutions
  • Experience supporting internal or external security and compliance audits
  • Ability to independently research requirements, develop risk-based recommendations, and communicate findings to stakeholders
  • Demonstrated ability to gather and clarify ambiguous requirements, ask effective probing questions, and develop practical risk-based solutions in collaboration with business stakeholders
Compensation
  • Salary Range: $87,000 - $110,000 annually
  • Bonus Eligible: Yes
Benefits

Eligible colleagues enjoy a comprehensive benefits package including:

  • Medical, dental, and vision insurance
  • Life and disability coverage
  • 401(k)
  • Generous paid time off
  • Professional development and career growth opportunities
Education:UNAVAILABLEEmployment Type: FULL_TIME

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