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Catastrophe Risk Analyst Jobs (NOW HIRING)

As a Catastrophe Risk Modeler, you will utilize your technical expertise in catastrophe risk modeling joining a bright team of experts in risk modeling, analytics, research and development. This ...

As a Catastrophe Risk Modeler, you will utilize your technical expertise in catastrophe risk modeling joining a bright team of experts in risk modeling, analytics, research and development. This ...

The candidate will perform catastrophe risk analytics necessary for reinsurance evaluation under the guidance of senior team members. The position requires a self-starter who manages moderately ...

As a Catastrophe Risk Modeler, you will utilize your technical expertise in catastrophe risk modeling joining a bright team of experts in risk modeling, analytics, research and development. This ...

Risk Consultant

Boston, MA · On-site

$85K - $110K/yr

Risk Consultant Karen Clark & Company seeks a Risk Consultant to join our Client Services team ... validation analyses of our cutting-edge catastrophe models, leveraging data analytics and ...

Risk Consultant

Boston, MA · On-site

$85K - $110K/yr

Risk Consultant Karen Clark & Company seeks a Risk Consultant to join our Client Services team ... validation analyses of our cutting-edge catastrophe models, leveraging data analytics and ...

Risk Consultant

Boston, MA · On-site

$85K - $110K/yr

Risk Consultant Karen Clark & Company seeks a Risk Consultant to join our Client Services team ... validation analyses of our cutting-edge catastrophe models, leveraging data analytics and ...

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Catastrophe Risk Analyst information

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$15

$40

$65

How much do catastrophe risk analyst jobs pay per hour?

As of Jul 7, 2026, the average hourly pay for catastrophe risk analyst in the United States is $40.49, according to ZipRecruiter salary data. Most workers in this role earn between $29.81 and $49.28 per hour, depending on experience, location, and employer.

How does a Catastrophe Risk Analyst typically collaborate with underwriting and actuarial teams?

Catastrophe Risk Analysts work closely with underwriting and actuarial teams to assess potential losses from natural disasters and other large-scale events. They provide detailed modeling and scenario analyses that help underwriters price insurance policies more accurately and assist actuaries in setting appropriate reserves. Communication and teamwork are essential, as Catastrophe Risk Analysts must translate complex model outputs into actionable insights for decision-makers across departments. This collaboration ensures that risk is managed effectively and that the company maintains financial resilience.

Are risk analysts well paid?

Risk analysts, including catastrophe risk analysts, typically earn competitive salaries that vary based on experience, education, and location. Entry-level positions may start around $60,000 annually, with experienced professionals earning over $100,000, especially in industries like insurance and finance that require strong analytical skills and knowledge of risk modeling tools.

What is a Catastrophe Risk Analyst?

A Catastrophe Risk Analyst is a professional who evaluates and quantifies potential losses from natural and man-made disasters, such as hurricanes, earthquakes, floods, or terrorist attacks. They use statistical models, historical data, and specialized software to estimate the financial impact of these catastrophic events on insurance companies, businesses, or government agencies. Their analyses help organizations manage risk, set insurance premiums, and make informed decisions about risk mitigation strategies. This role is critical for the insurance and reinsurance industries, as well as for companies with significant exposure to catastrophic events.

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

To thrive as a Catastrophe Risk Analyst, you need strong analytical skills, a background in mathematics, statistics, or engineering, and typically a relevant degree. Familiarity with catastrophe modeling software (such as AIR or RMS), GIS tools, and programming languages like Python or R is often required. Attention to detail, problem-solving abilities, and effective communication are crucial soft skills to excel in this role. These skills and qualities are essential for accurately assessing risk, conveying complex findings, and supporting sound decision-making in the insurance and reinsurance industries.

How to become a catastrophe analyst?

To become a catastrophe risk analyst, typically a bachelor's degree in fields such as actuarial science, finance, or environmental science is required. Gaining experience with risk modeling software, understanding insurance principles, and obtaining relevant certifications like the Associate in Risk Management (ARM) can enhance prospects in this field.

What is the role of a catastrophe risk analyst?

A catastrophe risk analyst assesses the potential financial impact of natural and man-made disasters on insurance companies or organizations. They analyze data, model risks using specialized software, and help develop strategies to mitigate or transfer risk exposure, often requiring knowledge of statistics, insurance, and catastrophe modeling tools.

How much does a catastrophe analyst make?

A catastrophe risk analyst typically earns between $70,000 and $120,000 annually, depending on experience, education, and location. Entry-level positions may start lower, while experienced analysts with specialized skills or certifications can earn higher salaries. The role often involves analyzing data, using modeling tools, and assessing risk exposure for insurance or reinsurance companies.

What is the difference between Catastrophe Risk Analyst vs Actuary?

AspectCatastrophe Risk AnalystActuary
Required CredentialsBachelor's degree, often in risk management, finance, or actuarial science; certifications like FRM or PRMBachelor's degree in mathematics, statistics, or actuarial science; professional actuarial exams (SOA, CAS)
Work EnvironmentInsurance companies, reinsurance firms, risk consultingInsurance companies, consulting firms, government agencies
Industry UsageFocuses on modeling and analyzing catastrophe risks like hurricanes or earthquakesFocuses on financial risk modeling, pricing, and reserving across various insurance lines

While both roles involve risk assessment and require quantitative skills, a Catastrophe Risk Analyst specializes in modeling natural disaster risks, whereas an Actuary focuses on broader financial risk analysis and insurance pricing. Both careers are vital in the insurance industry and often share similar credentials and work environments.

More about Catastrophe Risk Analyst jobs
What cities are hiring for Catastrophe Risk Analyst jobs? Cities with the most Catastrophe Risk Analyst job openings:
Who are the top companies hiring for Catastrophe Risk Analyst jobs? The top employers for Catastrophe Risk Analyst jobs are:
What states have the most Catastrophe Risk Analyst jobs? States with the most job openings for Catastrophe Risk Analyst jobs include:
Infographic showing various Catastrophe Risk Analyst job openings in the United States as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 86% Full Time, 6% Part Time, 1% Temporary, and 5% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $84,210 per year, or $40.5 per hour.
Senior Risk Analyst, CAT

Full-time

Posted 29 days ago


The Hartford rating

8.8

Company rating: 8.8 out of 10

Based on 109 frontline employees who took The Breakroom Quiz

48th of 277 rated insurance


Job description

Sr Risk Analyst - KR07DE
Risk Manager - KR07AE
We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.
Senior Risk Analyst, CAT
The Enterprise Risk Management (ERM) department is responsible for enterprise aggregate exposure management and reporting, portfolio aggregation and catastrophe pricing and modeling. The Senior Risk Analyst will support reporting of key catastrophe modeling metrics for Middle and Large Business . The position will report to the Senior Director of ERM Insurance Risk Management.
We are not able to offer any kind of visa sponsorship at this time for this position
Responsibilities
  • Support Middle and Large Business catastrophe modeling for natural perils, terrorism and other specified non-CAT metrics.
  • Communicate with business segments regarding catastrophe model output and key modeling initiatives.
  • Oversee monthly, quarterly, and annual reporting for key catastrophe modeling metrics.
  • Interact with other functional areas within and outside of the ERM organization.

Qualifications
  • An undergraduate degree in Economics or Actuarial Science and a demonstrated aptitude for coding, statistical analysis, and data visualization.
  • 5+ years of work experience related to catastrophe risk management and modeling.
  • Experience in Excel/VBA, SQL, R and CoPilot (or other AI)
  • Experience of working with commonly used Catastrophe Models such as AIR (Touchstone) or RMS (Risklink). CEEM designation is preferred but not required.
  • Good verbal and written communications skills.
  • The ability to manage multiple projects at once.

Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
111,200 - 168,600
The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.
Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
About Us | Our Culture | What It's Like to Work Here | Perks & Benefits

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About Hartford

Sourced by ZipRecruiter

Hartford Financial Services Group, widely recognized as The Hartford, is a renowned company based in Hartford, CT, US. Established in 1810, it has evolved into an industry leader in the insurance and financial services sector, proudly serving more than one million businesses in the US. The Hartford is committed to offering a gamut of insurance products that include homeowners, automobile, and business insurance as well as employee benefits and mutual funds. The company’s core values revolve around customer-focused innovations, diversity and inclusion, and ethical dealings that have earned them a customer-centric reputation. This shapes their mission which revolves around aiding their clients to overcome unforeseen obstacles and enhancing their wealth over time. Among the company's noted accomplishments is being consistently listed among the World's Most Ethical Companies, a testament to their unwavering commitment towards responsible business practices.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Hartford, CT, US

Year founded

1810

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