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Associate Risk Analyst Jobs in Michigan (NOW HIRING)

Jackson National Life

Actuary

Lansing, MI

... associate, please login to Workday and apply through Jobs Hub. Job Purpose Responsible for complex actuarial projects in product development, financial modeling, financial reporting, risk analysis ...

ServiceMaster

Safety & Risk Coordinator

Lansing, MI

$48K/yr

Accumulate, analyze and/or present data for various reports, including Safety submission, Captive ... Associate's degree in Business, Human Resources/Safety, Logistics/Transportation or a related field ...

Unison Risk Advisors

Sales Associate - P&C

Bloomfield, MI · On-site

$13.25 - $18/hr

Performs a detailed analysis of a prospective client's needs by reviewing their existing insurance / risk management program; makes recommendations for appropriate and competitive coverages.

LHH US

Credit Analyst, Remote

Grand Rapids, MI · Remote

$25 - $30/hr

Track payment trends and flag accounts that present elevated risk * Apply credit policies and ... Amaka Mozie Benefit offerings available for our associates include medical, dental, vision, life ...

LHH US

Credit Analyst, Remote

Grand Rapids, MI · Remote

$25 - $30/hr

Track payment trends and flag accounts that present elevated risk * Apply credit policies and ... Amaka Mozie Benefit offerings available for our associates include medical, dental, vision, life ...

Pwc

AI Governance Sr Associate

Detroit, MI · On-site

$72K - $212K/yr

... and risk management processes and related controls. Those in data, analytics and technology ... As a Senior Associate, you will manage projects that assess governance, risk, and control programs ...

LHH US

Accounts Receivable Analyst

Grand Rapids, MI · Remote

Evaluate credit risk and support credit hold and release decisions based on account status ... Amaka Mozie Benefit offerings available for our associates include medical, dental, vision, life ...

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Associate Risk Analyst information

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$13

$35

$57

How much do associate risk analyst jobs pay per hour?

As of May 29, 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 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 Michigan? The most popular types of 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 May 2026, with employment types broken down into 2% As Needed, 64% Full Time, 26% Part Time, 1% Temporary, and 7% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $73,397 per year, or $35.3 per hour.
Actuary

Actuary

Jackson National Life Insurance Company

Lansing, MI • On-site

Full-time

Posted 15 days ago

Job description

If you are an internal associate, please login to Workday and apply through Jobs Hub.
Job Purpose
Responsible for complex actuarial projects in product development, financial modeling, financial reporting, risk analysis, or data analysis assignments, as applicable. Independently performs activities related to the application of advanced actuarial principles for insurance/finance. Through collaboration with technical teams, leads projects associated with the development of actuarial models, databases, and methodologies.
Essential Responsibilities
  • Actively participates in or leads small team meetings, cross-functional team meetings and meetings with senior management.
  • Manages own time and works with manager to set priorities, set deadlines and share project status.
  • Communicates with peers, manager, and senior management orally and in writing, using such tools as email and Microsoft Teams.
  • Assists in communication with external parties.
  • Composes reports presenting analysis to senior management.
  • Creates and maintains model documentation in accordance with Jackson's Model Risk Management Policy, as needed.
  • Recommends and provides manager level review of changes to the coding and structure of actuarial tools, as assigned.
  • Leads processes for production of actuarial output, such as calculated reserves, cash flow projections, product pricing, experience data, etc.
  • Analyzes and validates actuarial output.
  • Develops improvements in methods and procedures as necessary to improve efficiency and controls.
  • Leads small team and cross-functional projects, creating project plans and assigning tasks.
  • Mentors junior associates on technical topics and trains them to perform processes.
  • Serves as an expert resource for selected areas of regulatory, professional, or technical knowledge.

Other Duties
  • Performs other duties and/or projects as assigned.

Knowledge, Skills and Abilities
  • Advanced knowledge of actuarial mathematics/concepts and ability to lead others in applying those concepts to work product.
  • Advanced knowledge of one or more of insurance product lines (life, annuities).
  • Expert in at least one key field of actuarial work (pricing, financial reporting, data analysis, or modeling). General understanding of at least one other key field of actuarial work.
  • Expert knowledge of at least one actuarial application used by Jackson, such as SAS, Python, ALFA, etc.
  • Ability to train associates in the use of Jackson actuarial applications.
  • Ability to guide others in following processes and running actuarial models or programs.
  • Ability to effectively communicate with actuarial associates at all levels and across functional teams, as well as assist in communications with external parties, verbally and in written form.
  • Ability to write effective formal reports for senior actuarial management and for members of other functional teams.
  • Ability to lead and add value in cross-function team meetings.
  • Ability to work on multiple projects, meet deadlines, and prioritize work based on minimal guidance.
  • Ability to organize and lead projects.
  • Ability to perform manager level review of processes and implementations of changes to actuarial tools.

Qualifications
  • Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics, Computer Science, or related field of study required.
  • 5+ years actuarial experience and FSA or 8+ years actuarial experience and ASA required.
  • 7+ years actuarial experience and FSA or 10+ years actuarial experience and ASA preferred.
  • Life and annuity experience preferred.
  • Continuing efforts to pursue Fellow of the Society of Actuaries (FSA) preferred.

Jackson is proud to be an equal opportunity workplace. The Company subscribes to and endorses federal and state laws and regulations relating to equal employment opportunity for all persons without regard to race, color, religion, gender, age, national origin, legally-recognized disability, marital status, legally-protected medical condition, citizenship, ancestry, height, weight, sexual orientation, veteran status, or any other factor not related to the needs of the job. The Company is committed to a policy of equal opportunity. Company facilities and campuses are tobacco-free environments.

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