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Associate Risk Analyst Jobs in Boston, MA (NOW HIRING)

AIG

Associate Actuary - Risk Management

Boston, MA · On-site

$115K - $145K/yr

Associate Actuary - Risk Management At AIG, we are reimagining the way we help customers to manage ... Strong analytical skills, knowledge of drivers of risk and knowledge of the insurance market.

AIG

Associate Actuary - Risk Management

Boston, MA

$115K - $145K/yr

Associate Actuary - Risk Management At AIG, we are reimagining the way we help customers to manage ... Strong analytical skills, knowledge of drivers of risk and knowledge of the insurance market.

Morgan Stanley

National Risk Officer

Norwell, MA

In conjunction with the Senior Risk Officer (SRO) and the Associate/Regional Risk Officer (ARRO/RRO ... Strong quantitative and analytical skills * High motivation and energy with ability to develop ...

Morgan Stanley

National Risk Officer

Boston, MA

In conjunction with the Senior Risk Officer (SRO) and the Associate/Regional Risk Officer (ARRO/RRO ... Strong quantitative and analytical skills * High motivation and energy with ability to develop ...

Morgan Stanley

National Risk Officer

Norwell, MA · On-site

In conjunction with the Senior Risk Officer (SRO) and the Associate/Regional Risk Officer (ARRO/RRO ... Strong quantitative and analytical skills * High motivation and energy with ability to develop ...

Thinkbrg

IT Risk and Compliance Analyst

Boston, MA · On-site

$90K - $115K/yr

The IT Risk and Compliance Analyst position is a highly visible, client facing role which works ... Associate Degree or equivalent work experience * 3 years of experience in two or more major ...

IMP Consulting

Associate Analyst

Boston, MA · On-site

$65K/yr

Associate Analyst - Boston, MA IMP is seeking versatile client-facing Associates to join our ... We work with buy-side asset managers on their Order Management Systems (OMS), Compliance, Risk ...

YMCA

Sr. Director Risk Management

Brockton, MA · On-site

$70K - $95K/yr

... all associates, while maintaining existing and new accreditations. • Chair the Association ... Perform root cause analysis of high-level incidents and provide quarterly ERM reviews of incidents ...

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Associate Risk Analyst information

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$71

How much do associate risk analyst jobs pay per hour?

As of May 28, 2026, the average hourly pay for associate risk analyst in Boston, MA is $43.98, according to ZipRecruiter salary data. Most workers in this role earn between $32.40 and $53.56 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 Boston, MA? The most popular types of Risk Analyst jobs in Boston, MA are:
What cities near Boston, MA are hiring for Associate Risk Analyst jobs? Cities near Boston, MA with the most Associate Risk Analyst job openings:
Associate Risk Analyst jobs near you
Infographic showing various Associate Risk Analyst job openings in Boston, MA as of May 2026, with employment types broken down into 3% As Needed, 65% Full Time, 25% Part Time, and 7% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $91,485 per year, or $44 per hour.
Associate Actuary - Risk Management

Associate Actuary - Risk Management

AIG

Boston, MA • On-site

$115K - $145K/yr

Full-time

This job post has expired today. Applications are no longer accepted.

AIG rating

8.4

Company rating: 8.4 out of 10

Based on 21 frontline employees who took The Breakroom Quiz

103rd of 258 rated insurance

Job description

Associate Actuary - Risk Management

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Associate Actuary - Risk Management to take on key responsibilities within a world-class actuarial function.

Our Actuaries are on the front lines, quantifying risk, pricing insurance and reserving losses for AIG's major insurance operating companies, globally. We collaborate with Finance, Claims, Operations, Marketing and Risk Management, among other functions. As an AIG actuary, you will be challenged and encouraged to reach your greatest potential to help improve how we predict, manage and mitigate risk.

How you will create an impact

This position will assist the Actuarial Independent Review team with the following responsibilities:

  • Assist in the independent review of selected AIG policyholder liabilities. This includes:
    • Review claims and premium data quality for property and casualty insurance lines. Build benchmark reserving models and design statistical tests to review and challenge reserving model assumptions (risk segmentation, trends, loss development factors etc.) and the conceptual soundness of selected model specifications.
    • Keep up with industry trends and research on the latest development on reserving methodologies and acquire various external data to complement the Reserve Analysis.
    • Support the documentation of this view to local Boards/Committees, the AIG Audit Committee, the AIG Risk Committee and the Reserve Committee.
  • Assist in the independent review for selected high priority Pricing and Underwriting Models. This includes:
    • Work closely with pricing actuaries to understand model development inventory and work closely with modelers during review process.
    • Identify high risk pricing and underwriting models which require ERM review under the AIG Model Risk Management Policy.
    • Acquire documentation, controls, data, validation and technical specification to assess. Help guide first line to best practices if these do not exist.
    • Opining on methodology, trends and parameters for selected models.
    • Prepare reports on results of independent review to support robust governance function.
  • Work with various functions including actuarial, claims, underwriting, and the economics teams to build models or evaluate scenarios to quantify emerging risks and potential market shocks to enhance the company's overall risk framework, providing insights that drive business success.
  • Support technical review of other non-actuarial models when requested.

AIG is ideally looking for a candidate with:

  • University undergraduate degree and working towards a Associate or Fellow of Casualty Actuary Society or equivalent.
  • A minimum of 5 years specializing in actuarial and/or risk management ideally with experience from a property and casualty (re)insurer or a consulting background if the requisite management and industry experience are evident.
  • Strong analytical skills, knowledge of drivers of risk and knowledge of the insurance market.
  • Ability to build proactive working relationships with stakeholders across various departments and effect change through use of influencing skills.
  • Ability to communicate complex matters in a simple and clear manner.

Opportunity can be located either in NYC, NY, Jersey City, NJ, Parsippany, NJ, or Boston, MA

For positions based in New York, the base salary range is $115,000-$145,000, for the positions based in New Jersey, the base range is $110,000-$142,000, and for positions based in Boston, the base range is $115,000-$145,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we're proud to offer a range of competitive benefits, a summary of which can be viewed here: 2025 Benefits Summary

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About AIG

Sourced by ZipRecruiter

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Industry

Insurance services

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1919

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