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Associate Risk Analyst Jobs in Ronkonkoma, NY (NOW HIRING)

The analyst must develop a thorough understanding of the marketplace, credit analysis and ... assessing risk, and making recommendations. * Fuels organizational synergy through consistent ...

Assists the Manager, Corporate Compliance and control owners in evaluating key risk indicators ... Mentors associates through instruction, coaching, providing real-time on-the-job experiences ...

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Associate Risk Analyst information

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$16

$42

$69

How much do associate risk analyst jobs pay per hour?

As of Sep 5, 2026, the average hourly pay for associate risk analyst in Ronkonkoma, NY is $42.60, according to ZipRecruiter salary data. Most workers in this role earn between $31.35 and $51.88 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 job categories do people searching Associate Risk Analyst jobs in Ronkonkoma, NY look for?

The top searched job categories for Associate Risk Analyst jobs in Ronkonkoma, NY are:

What cities near Ronkonkoma, NY are hiring for Associate Risk Analyst jobs?

Cities near Ronkonkoma, NY with the most Associate Risk Analyst job openings:

Infographic showing various Associate Risk Analyst job openings in Ronkonkoma, NY 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 $88,618 per year, or $42.6 per hour.

Risk Services Consultant - NYC/Jersey City/Long Island

Philadelphia Insurance Companies

Melville, NY • On-site

$90K - $100K/yr

Full-time

Medical, Retirement, PTO

Re-posted 12 days ago


Key responsibilities

  • Performs risk analysis studies to assess and protect an organization's assets.

  • Delivers risk management and loss prevention programs within a specific product area.

  • Conducts loss control surveys, analyzes risks, and provides recommendations for complex risks.


Philadelphia Insurance Companies rating

8.9

Company rating: 8.9 out of 10

Based on 11 frontline employees who took The Breakroom Quiz

50th of 315 rated insurance


Job description

Marketing Statement:

Philadelphia Insurance Companies, a member of the Tokio Marine Group, designs, markets and underwrites commercial property/casualty and professional liability insurance products for select industries. We have been in operation since 1962 and are nationally recognized as a member of Ward's Top 50 and rated A++ by A.M.Best.

We are looking for a Risk Services Consultant - Jersey City | NYC | Long Island | to join our team.

Summary:
Provides technical expertise in a specialty area.
Consults with underwriters and insureds about significant loss prevention programs within area of expertise.

A typical day will include the following:
Performs risk analysis studies in order to maintain maximum protection of an organization's assets.
Delivers risk management and loss prevention programs in a given product area.
Conducts loss control surveys, analysis and recommendations for complex risks in a given product area.
Communicates with agents, insureds and underwriters about specific risks as well as any trends in loss prevention issues in a given product area.
Maintains up-to-date technical knowledge of safety legislation and regulation as well as current loss experiences for a given product area.


Qualifications:
Bachelor's degree from four-year college or university.
Degree in Safety, Engineering or related field/equivalent desired.
Seven to Ten plus years previous related experience.
Designations such as CSP (Certified Safety Professional) or ARM (Associate in Risk Management) desired.
Working knowledge of Microsoft Office applications.

*Territory: New York City + 5 Boroughs; Long Island, NY; Jersey City, NJ.

Salary Range: $90,226.00 - $100,840.00
Ultimate salary offered will be based on factors such as applicant experience and geographic location.
This position is eligible to participate in the Company's Annual Incentive Performance Plan.

EEO Statement:

Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc.and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, sexual orientation and/or any other status protected by law.

Benefits:

We offer a comprehensive benefit package, which includes tuition reimbursement and a generous 401K match. Our rich history of outstanding results and growth allow us to focus our business plan on continued growth, new products, people development and internal career opportunities. If you enjoy working in a fast paced work environment with growth potential please apply online.
Additional information on Volunteer Benefits, Paid Vacation, Medical Benefits, Educational Incentives, Family Friendly Benefits and Investment Incentives can be found at https://www.phly.com/Careers/default.aspx


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