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Associate Risk Analyst Jobs in Michigan (NOW HIRING)

Marsh McLennan

Insurance Risk Analyst

Southfield, MI · Hybrid

As a Insurance Risk Analyst , you will beed to coordinate insurance documentation, administrative ... Associate degree or coursework in business administration, insurance, risk management, or a related ...

Zealcu

Risk Management Specialist

Livonia, MI · On-site

$60 - $80/hr

This role supports member trust and regulatory readiness through consistent analysis and clear ... Associate's/Bachelor's degree or equivalent experience * Experience with fraud investigations and ...

Fifth Third

Dispute Intake Analyst

Grand Rapids, MI · On-site

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns ... Associate's degree or equivalent work experience. * Strong analytical, problem-solving, multi ...

CenterWell

Risk Adjustment Coding Analyst

Lansing, MI · On-site

Become a part of our caring community The Risk Adjustment Coding Analyst provides operational ... Humana reserves the right to require associates to upgrade their internet service if necessary.

UFP Industries

Insurance Coordinator

Grand Rapids, MI · On-site

Supporting the Risk Analyst and Senior Manager of Insurance with various insurance-related tasks ... Associate's degree or equivalent work experience * At least one year of experience in the Property ...

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Associate Risk Analyst information

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How much do associate risk analyst jobs pay per hour?

As of Sep 8, 2026, the average hourly pay for associate risk analyst in Michigan is $35.29, according to ZipRecruiter salary data. Most workers in this role earn between $25.96 and $42.93 per hour, depending on experience, location, and employer.

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 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 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.

Do risk analysts make good money?

Risk analysts typically earn a competitive salary that varies by industry, experience, and location. Entry-level positions often start around $60,000 annually, with experienced analysts earning over $100,000, especially in finance or insurance sectors. Skills in data analysis, risk assessment, and certifications like FRM or CFA can enhance earning potential.

How much do associate risk analysts get paid?

Associate risk analysts typically earn a median annual salary of around $60,000 to $70,000, depending on experience, location, and industry. Entry-level positions may start lower, while those with specialized skills or certifications can earn higher salaries. Compensation often includes benefits such as health insurance and retirement plans.

Is risk analyst a hard job?

A risk analyst role involves analyzing data to identify potential risks and developing strategies to mitigate them, which requires strong analytical skills, attention to detail, and proficiency with data analysis tools. The job can be demanding due to the need for accuracy, problem-solving, and often working under tight deadlines, but it is manageable with proper training and experience.

What are the most commonly searched types of Risk Analyst jobs in Michigan?

The most popular types of Risk Analyst jobs in Michigan are:

What are popular job titles related to Associate Risk Analyst jobs in Michigan?

For Associate Risk Analyst jobs in Michigan, the most frequently searched job titles are:

What job categories do people searching Associate Risk Analyst jobs in Michigan look for?

The top searched job categories for Associate Risk Analyst jobs in Michigan are:

What cities in Michigan are hiring for Associate Risk Analyst jobs?

Cities in Michigan with the most Associate Risk Analyst job openings:

Associate Risk Analyst jobs near you
Infographic showing various Associate Risk Analyst job openings in Michigan as of August 2026, with employment types broken down into 100% Full Time. Highlights an 74% In-person, and 26% Remote job distribution, with an average salary of $73,397 per year, or $35.3 per hour.

Insurance Risk Analyst

Southfield, MI • Hybrid

Marsh McLennan
See more jobs at Marsh McLennanexternal

Full-time

Posted 4 days ago

Job description

Company:Marsh CorporateDescription:

We are seeking a talented individual to join our Specialisy- Insurence Operations team at Marsh. This role will be based in Southfield, MI and offers a hybrid work arrangement.

As a Insurance Risk Analyst ,you will beed to coordinate insurance documentation, administrative workflows, business continuity activities, records management, team communications, and office operations. The successful candidate will exercise sound judgment, manage multiple priorities, maintain accurate records, and provide responsive support to internal partners.

We will count on you to:

  • Prepare and process certificates of insurance in response to business requests.

  • Maintain policy and binder logs; track outstanding documents and coordinate follow-up with insurance brokers after policy expiration.

  • Support policy reviews by completing standard templates and accurately organizing final documents in designated repositories.

  • Coordinate team travel and prepare expense reports, monthly tracking worksheets, and related distributions.

  • Submit and monitor ServiceNow requests through completion.

  • Maintain team website content and other shared information resources as changes occur.

  • Serve as business continuity plan coordinator, maintain Fusion records, attend quarterly meetings, and support annual maintenance and testing deadlines.

  • Lead records and information management activities, including annual review of the document inventory and cleanup of shared-drive records to retain final work products.

  • Update and distribute weekly Insurance Risk Management tracking logs and record attendance for recurring activities.

  • Maintain the team events calendar, distribute weekly updates, and track monthly participation.

  • Coordinate quarterly financial presentations, including calendar invitations and conference room reservations.

  • Prepare proof-of-auto-insurance letters and other routine insurance documentation.

  • Coordinate floor-related work orders and verify completed requests.

  • Perform additional administrative and project support duties as assigned.

What you need to have:

  • Insurance knowledge or previous professional experience in the insurance industry is required.

  • High school diploma or equivalent.

  • Previous experience providing administrative, operational, or business support in a professional environment.

  • Strong organizational skills, attention to detail, and ability to manage multiple deadlines.

  • Effective written and verbal communication skills.

  • Proficiency with Microsoft Office applications and the ability to learn enterprise systems and document-management tools.

  • Ability to handle confidential or sensitive information with discretion.

  • Demonstrated follow-through, problem-solving ability, and responsiveness to internal customers.

What makes you stand out?

  • Experience supporting corporate insurance, commercial insurance, risk management, brokerage, underwriting, claims, or policy administration activities.

  • Familiarity with insurance policies, binders, certificates of insurance, renewals, brokers, and insurance documentation.

  • Associate degree or coursework in business administration, insurance, risk management, or a related field.

  • Experience with ServiceNow, business continuity systems, records management, shared drives, or similar enterprise tools.

Why join our team:

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.

  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.

  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@marsh.com.Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.

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