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Entry Level Risk Analyst Jobs in Rhode Island (NOW HIRING)

Entry Level Risk Analyst information

See Rhode Island salary details

$15

$39

$64

How much do entry level risk analyst jobs pay per hour?

As of Aug 11, 2026, the average hourly pay for entry level risk analyst in Rhode Island is $39.65, according to ZipRecruiter salary data. Most workers in this role earn between $29.18 and $48.27 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the entry level risk analyst position, and why are they important?

To thrive as an Entry Level Risk Analyst, you need strong analytical abilities, attention to detail, and a foundational understanding of finance, economics, or a related field, often supported by a relevant bachelor’s degree. Familiarity with risk management software, Excel, and data analysis tools is advantageous, and some companies value certifications like FRM or CFA Level I. Excellent communication, problem-solving skills, and the ability to work collaboratively make candidates stand out in this role. These skills and qualities are critical for accurately assessing risks, providing actionable insights, and supporting effective decision-making within the organization.

What is an entry level risk analyst?

An Entry Level Risk Analyst is responsible for identifying, assessing, and mitigating risks that could impact an organization’s financial stability and operations. They analyze data, create reports, and assist in developing risk management strategies under the guidance of senior analysts. This role typically involves working with financial models, market trends, and regulatory guidelines to support decision-making. Strong analytical skills, attention to detail, and proficiency in risk assessment tools are essential for success in this position.

What are some typical challenges faced by entry level risk analysts, and how can new hires prepare for them?

Entry Level Risk Analysts often face challenges such as quickly interpreting large volumes of complex data, adapting to evolving regulatory requirements, and learning industry-specific risk assessment methodologies. New hires can prepare by familiarizing themselves with common risk metrics, staying updated on regulatory changes, and practicing effective data analysis. It's also helpful to proactively seek guidance from more experienced team members and participate in relevant training sessions. With diligence and curiosity, most analysts develop confidence and expertise rapidly in this collaborative, knowledge-driven work environment.

Can I be an entry level risk analyst without a degree?

Entry level risk analyst positions typically require a bachelor's degree in fields like finance, economics, or related areas, but some employers may consider candidates with relevant experience, certifications, or strong analytical skills. Demonstrating proficiency in data analysis tools and understanding risk management concepts can also improve your chances without a formal degree.

How hard is it to become an entry level risk analyst?

Becoming an entry level risk analyst typically requires a bachelor's degree in finance, economics, or a related field, along with strong analytical skills and proficiency in data analysis tools like Excel or SQL. Gaining relevant internships or certifications such as the Financial Risk Manager (FRM) can also improve job prospects, but the overall entry process is accessible with the right education and skills.

How to become an entry level risk analyst with no experience?

To become an entry level risk analyst with no experience, focus on gaining relevant skills such as data analysis, Excel, and basic understanding of risk management principles through online courses or certifications. Internships, volunteering, or entry-level positions in related fields can provide practical experience, and a bachelor's degree in finance, economics, or a related field is often required.

What qualifications do I need to be an entry level risk analyst?

An entry-level risk analyst typically needs a bachelor's degree in finance, economics, statistics, or a related field. Strong analytical skills, proficiency in Excel and data analysis tools, and knowledge of risk management principles are also important for this role.
What are the most commonly searched types of Risk Analyst jobs in Rhode Island? The most popular types of Risk Analyst jobs in Rhode Island are:
What are popular job titles related to Entry Level Risk Analyst jobs in Rhode Island? For Entry Level Risk Analyst jobs in Rhode Island, the most frequently searched job titles are:
What job categories do people searching Entry Level Risk Analyst jobs in Rhode Island look for? The top searched job categories for Entry Level Risk Analyst jobs in Rhode Island are:
What cities in Rhode Island are hiring for Entry Level Risk Analyst jobs? Cities in Rhode Island with the most Entry Level Risk Analyst job openings:
Infographic showing various Entry Level Risk Analyst job openings in Rhode Island as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, and 3% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $82,467 per year, or $39.6 per hour.

Workers Compensation Claims Trainee - New England

Gallagher

Providence, RI • Remote

$60K/yr

Full-time

PTO

Posted 5 days ago


Arthur J. Gallagher & Co. rating

7.7

Company rating: 7.7 out of 10

Based on 92 frontline employees who took The Breakroom Quiz

200th of 304 rated insurance


Job description

Introduction
At Gallagher Bassett, we're there when it matters most because helping people through challenging moments is more than just our job, it’s our purpose. Every day, we help clients navigate complexity, support recovery, and deliver outcomes that make a real difference in people’s lives. It takes empathy, precision, and a strong sense of partnership—and that’s exactly what you’ll find here. We’re a team of fast-paced fixers, empathetic experts, and outcomes drivers — people who care deeply about doing the right thing and doing it well. Whether you're managing claims, supporting clients, or improving processes, you’ll play a vital role in helping businesses and individuals move forward with confidence. Here, you’ll be supported by a culture that values teamwork, encourages curiosity, and celebrates the impact of your work. Because when you’re here, you’re part of something bigger. You’re part of a team that shows up, stands together, and leads with purpose.

Overview

About the INVEST Program  

Are you a recent college graduate looking for a long-term, stable, innovative and exciting career that helps make a meaningful difference and supports people through challenges?  

The INVEST Program Guardian Pathway is a 6-month paid, fully remote, entry-level immersive learning experience, designed for recent college graduates to gain real-world exposure, personalized coaching and mentorship and a clear, long-term career path in one of U.S. best industries.   

Program Highlights 

  • 6-months, paid, fully remote learning track 
  • Virtual classroom, peer shadowing, simulations, case studies, and hands-on experience 
  • Fully remote (candidates must physically reside in states specified although the role is remote)
  • Interactive sessions, one-on-one mentorship, collaborative projects, exposure to wide variety of industries, clients, and knowledge material 
  • Fully paid licensing and advance education opportunities 
  • Career progression post-graduation into claims resolution manager roles and beyond 

Key Details:

Starting salary: $60,000 USD (states outside of California)

Start date: January 2027

PTO black out: Due to the structured nature of the training program we will likely not be able to support any PTO requests for the first 8 weeks of the program.


How you'll make an impact

What will you do? 

Over the course of this 6-month program you will be partnered with a team of peers and experienced Training Specialists that will create a supportive learning environment designed to position you for successful program completion. You will alternate between self-study modules, virtual classroom-style learning, guided training modules, and hands-on application of the knowledge gained. Over the course of the program, you will progressively increase your hands-on experience to immerse yourself into the world of claims management and client service excellence under the mentorship of the program mentors and training leaders. The program is designed to offer consistent and repeated opportunities to develop, grow and practice your knowledge, advance your education via licensing studies, and help you gain confidence in the unique and highly specialized field of commercial claims handling for world’s largest employers and insurance carriers.  

What can you expect? 

  • Participate in Structured Learning: Actively engage in the first phase of the INVEST Program, which includes instructor-led sessions, online modules, job shadowing, and mentorship focused on foundational insurance knowledge, claims operations, and state-specific workers’ compensation regulations. 
  • Shadow Claims Experts: Observe experienced claims professionals and learn best practices in managing lost time (indemnity) workers’ compensation claims. 
  • Practice in a Simulated Environment ("Sandbox"): Apply newly learned concepts in a controlled, simulated claims environment designed to mimic real-world scenarios. The sandbox allows colleagues to practice making decisions, inputting data, and managing mock claims without risk, helping build confidence before handling actual cases. 
  • Complete Program Milestones: Achieve key learning objectives and performance checkpoints as you build technical knowledge and professional skills essential for a successful claims career. 
  • Collaborate and Network: Engage with peers, mentors, and cross-functional teams to deepen understanding of the claims process and build professional relationships within the organization. 
  • Gradual Claim Ownership: Begin handling new workers’ compensation claims starting in Week 3 of the program. Claim assignments will begin at an incremental, supportive pace, with inventory gradually increasing as confidence and competency develop. 
  • Support Claims Management: Take ownership of an evolving portfolio of indemnity claims under close supervision. Begin applying program training to real-world scenarios, including benefit calculations, wage loss evaluations, and return-to-work considerations. 
  • Claims Analysis and Learning: Continue developing skills in analyzing medical documentation, regulatory guidelines, state-specific regulations, and supplemental case materials to determine claim strategy, financial exposure and potential next steps. 
  • Stakeholder Communication: Engage in professional communication and strategy development with clients; provide support and empathy to the injured employees; secure key details from medical providers and other key stakeholders to support collaborative, outcome-focused, and empathetic claims handling. 
  • Client Service Instructions & Carrier Guidelines: 
    Learn how to interpret and apply client service instructions and carrier guidelines to ensure claims are handled in compliance with expectations. This includes understanding unique requirements for documentation, communication, and jurisdictional standards across our diverse client base. 
  • Reserving Acumen: 
    Build core skills in setting and adjusting reserves by analyzing claim details, medical data, and potential outcomes. You’ll learn how accurate reserving supports financial stewardship and impacts overall claim strategy. 

About You

Education:

  • Bachelor’s degree or 4-year degree from an accredited institution preferred.
    • Candidates possessing a Bachelor’s degree will receive preferential treatment.  Others with proven experience will be considered.
  • 3.5 or Higher GPA preferred
    • Candidates possessing a GPA of 3.5 or higher will receive preferential treatment. Others will be considered.

Attributes: 

  • Active listening skills  
  • Problem-solving mindset 
  • Adaptable to changes in procedures and technology 
  • Computer literacy, including strong familiarity with M365 products (e.g. Outlook, Word, and basic Excel and PPT) 
  • Strong verbal and written communication skills 
  • Strong time management and ability to multi-task 
  • Detail-oriented 
  • Curious, learning-focused mindset 

#INVEST

#GBTopJob

#remote

#LI-MD3


Compensation and benefits

At Gallagher, we believe supporting our colleagues goes far beyond the role itself. For more information, visit our Benefits page.

  • Competitive compensation
  • Comprehensive benefits programs designed to support your well-being 
  • Career development opportunities and ongoing learning 
  • A collaborative, people-first culture with accessible leadership 
  • The opportunity to do meaningful work with global reach and local impact 

At Gallagher, we are dedicated to building an inclusive and authentic workplace. If your past experience doesn’t align perfectly, we encourage you to join our Talent Community to stay connected to additional career opportunities. At times, we will consider transferable skills from previous roles.

Gallagher is an affirmative action/equal opportunity employer (Minorities/Females/Veterans/Disabled)

Qualifications:

Education:

  • Bachelor’s degree or 4-year degree from an accredited institution preferred.
    • Candidates possessing a Bachelor’s degree will receive preferential treatment.  Others with proven experience will be considered.
  • 3.5 or Higher GPA preferred
    • Candidates possessing a GPA of 3.5 or higher will receive preferential treatment. Others will be considered.

Attributes: 

  • Active listening skills  
  • Problem-solving mindset 
  • Adaptable to changes in procedures and technology 
  • Computer literacy, including strong familiarity with M365 products (e.g. Outlook, Word, and basic Excel and PPT) 
  • Strong verbal and written communication skills 
  • Strong time management and ability to multi-task 
  • Detail-oriented 
  • Curious, learning-focused mindset 

#INVEST

#GBTopJob

#remote

#LI-MD3

Education:UNAVAILABLEEmployment Type: UNAVAILABLE

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