Senior Risk Analyst

iA AmericanAddison, IL
1dHybrid

About The Position

Are you driven by risk management and eager to contribute to the purpose of a company that aims to help its clients feel confident and secure about their future? We are seeking a highly skilled and experienced Senior Operational Risk Analyst to join our Risk Department. This role is responsible for identifying, assessing, and monitoring operational risks across the organization, with a focus on strengthening internal controls and supporting enterprise risk management initiatives. The ideal candidate will bring deep analytical capabilities, insurance industry expertise, and a proactive approach to risk mitigation. This position is a great opportunity to showcase your skills and fully realize your potential within a caring and trustworthy company. Here, people and their development are at the heart of our priorities, fostering an environment that encourages collaboration and innovation.

Requirements

  • Has a minimum of 5+ years of experience in operational risk management, preferably within the insurance, automotive or financial services industry.
  • Has a b achelor’s degree in Insurance, Risk Management, Finance, Business Administration, or a related field.
  • Is known for their e xcellent analytical, problem-solving, communication and presentation skills
  • Stands out for their ability to perform under pressure and manage multiple projects.
  • Demonstrates strong ability to analyze and think critically.
  • Is recognized for their ability to work independently as well as function effectively as a team player.

Responsibilities

  • Lead operational risk assessments to identify key exposures, control gaps, and areas requiring mitigation across business units.
  • Develop, maintain, and execute fraud analytics, RCSAs, risk registers, incident tracking, and operational loss analysis to support effective risk management.
  • Perform quarterly and annual testing activities, including investment guideline compliance, financial statement reviews, compliance audits, SOC reviews, and BIA/BCP assessments.
  • Monitor and report KRIs and emerging risks, collaborate with internal partners (audit, compliance, IT security, business leaders), and support operational risk policy and framework development.
  • Contribute to operational resilience through scenario analysis and stress testing, while providing mentorship to junior analysts.

Benefits

  • A work environment where learning and development merge with a collective pursuit of excellence;
  • A healthy, safe, fair, and inclusive environment where potential can be freely expressed and developed;
  • The opportunity to work in a hybrid environment, supported by flexibility and access to inspiring and innovative workspaces;
  • Competitive benefits: Flexible group insurance, competitive pension plan, stock purchase plan, vacation and wellness/personal development days, telemedicine, employee and family assistance program, ergonomic furniture program, performance bonus, discounts on iA products, and much more!
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