Strategic Risk & Insurance Analyst

Ulta Beauty; Chicago (IL); On-site; USD 66,000 - 88,000; Full time

Job summary

Ulta Beauty is seeking a Risk Management Analyst in Bolingbrook, IL. This full-time role focuses on supporting workers’ compensation, general liability, and captive insurance programs by analyzing loss data and collaborating with internal teams and TPAs to reduce overall risk costs.

The position emphasizes translating complex claims data into actionable insights for leadership, aligning with retail operations, legal, and finance goals.

Qualifications

• 5+ years in risk analysis.
• Strong communication and presentation skills.
• Ability to work collaboratively and cross-functional in a fast-paced environment.
• Demonstrated ability to think critically and make decisions under uncertainty.

Responsibilities

• Analyze workers’ compensation and general liability data to identify loss drivers and trends across locations.
• Monitor claim severity, frequency and reserve adequacy; recommend corrective actions.
• Prepare loss summaries, dashboards, and executive-level reports for leadership.
• Support management of casualty insurance programs, including deductible and self-insured retention.
• Coordinate with brokers, underwriters and internal stakeholders to gather data and maintain policy records.
• Lead risk management budgeting, tracking and reporting to inform leadership decisions.
• Track cost of risk metrics and benchmark against peers and industry.
• Collaborate with actuarial, finance, and brokerage teams during renewals and forecasts.

Skills

Risk analysis

Strong communication

Presentation skills

Cross-functional collaboration

Critical thinking

Job description

Ulta Beauty is seeking a Risk Management Analyst in Bolingbrook, IL. This full-time role focuses on supporting workers’ compensation, general liability, and captive insurance programs by analyzing loss data and collaborating with internal teams and TPAs to reduce overall risk costs.

The position emphasizes translating complex claims data into actionable insights for leadership, aligning with retail operations, legal, and finance goals.