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Associate Risk Analyst Jobs in Massachusetts (NOW HIRING)

Tjx

Risk Assurance Analyst

Marlborough, MA · On-site +1

$71.30K - $89.10K/yr

The RiskAssurance Analyst will support Risk Assurance functions including but not limited to ... Proficient with Office 365 Suite, including advanced Excel Benefits include Associate discount ...

New

Stout

Senior Associate, Risk Advisory

Boston, MA · On-site

$88K - $108.10K/yr

Senior Associate is equivalent to our Associate role. Impact You'll Make * Execute Risk Advisory ... analyses, and remediation support. * What You'll Do * Support the day-to-day execution of Risk ...

Stout

Senior Associate, Risk Advisory

Boston, MA · On-site

$88K - $108.10K/yr

Senior Associate is equivalent to our Associate role. Impact You'll Make * Execute Risk Advisory ... analyses, and remediation support. * What You'll Do * Support the day-to-day execution of Risk ...

Stout

Senior Associate, Risk Advisory

Boston, MA · On-site

$88K - $108.10K/yr

Senior Associate is equivalent to our Associate role. Impact You'll Make * Execute Risk Advisory ... analyses, and remediation support. * What You'll Do * Support the day-to-day execution of Risk ...

Stout

Senior Associate, Risk Advisory

Boston, MA · On-site

$88K - $108.10K/yr

Senior Associate is equivalent to our Associate role. Impact You'll Make * Execute Risk Advisory ... analyses, and remediation support. * What You'll Do * Support the day-to-day execution of Risk ...

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Associate Risk Analyst information

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How much do associate risk analyst jobs pay per hour?

As of May 28, 2026, the average hourly pay for associate risk analyst in Massachusetts is $44.21, according to ZipRecruiter salary data. Most workers in this role earn between $32.55 and $53.80 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Associate Risk Analyst, and why are they important?

To thrive as an Associate Risk Analyst, you need strong analytical abilities, attention to detail, and a background in finance, economics, or a related field—often supported by a bachelor’s degree. Familiarity with risk assessment software, data analysis tools like Excel or SAS, and knowledge of regulatory frameworks are typically required. Effective communication, problem-solving, and teamwork are vital soft skills that help you convey findings and collaborate across departments. These skills ensure accurate risk evaluation, compliance, and informed decision-making to protect organizational interests.

What are some common challenges an Associate Risk Analyst faces during the first year on the job?

New Associate Risk Analysts often encounter challenges such as adapting to fast-paced environments, understanding complex risk models, and learning to interpret large volumes of data accurately. Balancing multiple projects and meeting deadlines while maintaining attention to detail can also be demanding. Additionally, collaborating effectively with team members from different departments, such as compliance and finance, requires strong communication skills and a willingness to learn from experienced colleagues.

What does an Associate Risk Analyst do?

An Associate Risk Analyst helps organizations identify, assess, and manage potential risks that could affect their operations or financial stability. Their daily tasks often include analyzing data, preparing risk reports, evaluating risk management policies, and supporting senior analysts in developing strategies to mitigate potential threats. They typically work in industries such as finance, insurance, or consulting, and use various analytical tools to detect and evaluate risks. Strong analytical, communication, and problem-solving skills are important for success in this role.

What is the difference between Associate Risk Analyst vs Risk Analyst?

AspectAssociate Risk AnalystRisk Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; some certifications like FRM or CRMBachelor's or master's degree; often holds certifications like FRM, CRM, or CRC
Work EnvironmentEntry-level position in finance, insurance, or banking firms; supervised environmentMore experienced role; involved in complex risk assessments and decision-making
Employer & Industry UsageCommon in banking, insurance, and financial servicesUsed across similar industries, often with more responsibility

The main difference between an Associate Risk Analyst and a Risk Analyst lies in experience and responsibility. The Associate Risk Analyst is an entry-level role focusing on supporting risk assessments, while the Risk Analyst handles more complex analysis and decision-making. Both roles require similar educational backgrounds and certifications, but the Risk Analyst typically has more experience and autonomy in their work.

What are the most commonly searched types of Risk Analyst jobs in Massachusetts? The most popular types of Risk Analyst jobs in Massachusetts are:
What cities in Massachusetts are hiring for Associate Risk Analyst jobs? Cities in Massachusetts with the most Associate Risk Analyst job openings:
Associate Risk Analyst jobs near you
Catastrophe Risk Associate (Remote)

Catastrophe Risk Associate (Remote)

American Family Mutual Insurance Company

Boston, MA • Remote

Other

Posted 12 days ago

Job description

Summary:
Homesite's Catastrophe Management Team is searching for a Catastrophe Risk Analyst who will apply their technical knowledge/skills to support the assessment of catastrophic risk by state and region and to develop strategies to mitigate this risk while encouraging profitable growth. The Catastrophe Risk Analyst opportunity is in our Boston, MA location and reports to the Catastrophe Risk Manager.
Responsibilities:
    • Perform statewide and countrywide peril-specific reviews, particularly for the wildfire peril
    • Support the management of current catastrophe-related products for underwriting and pricing
    • Assist with the development of new catastrophe strategies for individual states and regions
    • Develop data and analysis automation tools to monitor natural disasters in near real-time
    • Deliver critical reports and updates as part of catastrophe event response
    • Prepare and submit state-specific regulatory reporting
    • Support data visualization tools (Tableau, Shiny, etc.) developed by the team for use across the organization
    • Develop detailed documentations for internal workflows
    • Clearly communicate complex findings to members of the Catastrophe Management team and other Homesite teams

Requirements:
    • Detail-oriented
    • Motivated individual with strong analytic, problem solving, and troubleshooting skills
    • Effective communication skills
    • Proficiency in Microsoft Excel
    • Experience with Geographic Information Systems (GIS)
    • Experience with Microsoft SQL Server
    • Programming skills are a plus (experience with R and/or Python especially)
    • One to three years of insurance experience is a plus

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