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Entry Level Risk Analyst Jobs in Gaithersburg, MD

Lockton, Inc.

Risk Analyst

Washington, DC · On-site

Position Overview The Risk Analyst is an entry level position designed for a recent college graduate or professional with 1 to 2 years of relevant insurance experience. The Analyst is the primary ...

Jensen Hughes

Financial Analyst I (FP&A)

Columbia, MD · On-site

Today, our expertise extends broadly across closely related security and risk-based fields - from ... This is an entry-level role designed for candidates looking to build a strong foundation in ...

Insilico Logix

QA Analyst - Entry Level

Herndon, VA

We are actively looking for Entry level QA/BA Analyst position for our clients throughout USA ... Develop case plans based on risks factors discovered in the risk assessment. Please apply with your ...

Insilico Logix

QA Analyst - Entry Level

Reston, VA

We are actively looking for Entry level QA/BA Analyst position for our clients throughout USA ... Develop case plans based on risks factors discovered in the risk assessment. Please apply with your ...

Jensen Hughes

Financial Analyst I (FP&A)

Columbia, MD · On-site +1

$68K - $75K/yr

Today, our expertise extends broadly across closely related security and risk-based fields - from ... This is an entry-level role designed for candidates looking to build a strong foundation in ...

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Entry Level Risk Analyst information

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

As of Jun 12, 2026, the average hourly pay for entry level risk analyst in Gaithersburg, MD is $43.74, according to ZipRecruiter salary data. Most workers in this role earn between $32.21 and $53.22 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 job?

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.

What are the most commonly searched types of Risk Analyst jobs in Gaithersburg, MD? The most popular types of Risk Analyst jobs in Gaithersburg, MD are:
What are popular job titles related to Entry Level Risk Analyst jobs in Gaithersburg, MD? For Entry Level Risk Analyst jobs in Gaithersburg, MD, the most frequently searched job titles are:
What job categories do people searching Entry Level Risk Analyst jobs in Gaithersburg, MD look for? The top searched job categories for Entry Level Risk Analyst jobs in Gaithersburg, MD are:
What cities near Gaithersburg, MD are hiring for Entry Level Risk Analyst jobs? Cities near Gaithersburg, MD with the most Entry Level Risk Analyst job openings:
Entry Level Risk Analyst jobs near you
Infographic showing various Entry Level Risk Analyst job openings in Gaithersburg, MD as of June 2026, with employment types broken down into 100% Full Time. Highlights an 50% Hybrid, and 50% Remote job distribution, with an average salary of $90,984 per year, or $43.7 per hour.
Risk Analyst

Risk Analyst

Lockton, Inc.

Washington, DC • On-site

Full-time

Posted 3 days ago

Lockton rating

8.1

Company rating: 8.1 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

133rd of 261 rated insurance

Job description

Job Summary:
Position Overview
The Risk Analyst is an entry level position designed for a recent college graduate or professional with 1 to 2 years of relevant insurance experience. The Analyst is the primary service contact for an assigned book of Property and Casualty business and is responsible for developing a strong working relationship with clients, carriers, and Lockton team members. This role will be part of our Career Foundations Program, which is designed to provide the technical and practical training needed to develop the Risk Analyst as they look forward to a successful and long-term career. The Analyst is responsible for day-to-day Client service and renewal support to Client Managers, Sr. Client Managers, and/or Account Executives. A high performing and successful Analyst will provide great customer service and support to the broader client team.
Core Responsibilities
Supports the Account Executives, Senior Client Managers and Client Managers in:
  • Responding to Client's inquiries, maintaining documentation of communications, existing issues, and issue resolutions
  • The implementation of new lines of coverage by setting up account, collecting needed documentation, and reviewing plan details with Client and Carrier
  • Providing Client service aligned with Lockton Northeast processes and protocols and our overall Client Engagement strategy
  • Gathering and compiling exposure information from the Client, including compiling loss run schedules and client stratifications
  • Requesting and securing quotes from carriers
  • Audits, quotes, binders, and endorsements and makes requests for changes as needed
  • Following up for insurance policies then updates and completes policy check to ensure completeness
  • Updating specifications, application, and summary information to reflect changes during the year
  • Informing Client of any and all changes that may affect insurance premiums or coverage
  • Creating and sending compliance communications as needed
  • Preparing / drafting Client Engagement documents (Renewal Strategy, Stewardship and Renewal Presentations)
  • Works with TSA to issue and process Invoices, Certificates of Insurance and Auto ID Cards
  • Resolves accounting issues

Qualifications
  • Bachelor's degree in a business-related program preferred or equivalent education and/or experience required
  • Ability to efficiently organize work and manage time in order to meet deadlines
  • Exceptional verbal, written, and interpersonal skills
  • Ability to comply with all company policies and procedures, proactively protecting confidentiality of client and company information
  • Willingness and ability to work outside of normal business hours and travel as needed
  • Strong knowledge of Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint)
  • Legally able to work in the United States and will not require sponsorship for this position, now or in the future

A successful candidate will have:
  • An eagerness and enthusiasm to learn and be a part of their respective Unit or Practice
  • Strong interpersonal skills and ability to communicate effectively and professionally, both verbally and in writing
  • An ability to excel at multi-tasking, adapting to change and working on tight deadlines to meet our clients' needs
  • An ability to manage time, prioritize and ensure that deadlines are met without compromising quality
  • The entrepreneurial spirit, with a desire to learn the Property and Casualty insurance industry and grow within the company
  • The initiative to actively participate in the Career Foundations Program and to pursue technical excellence through professional designations, industry workshops etc.

Benefits:
Lockton is committed to advancing diversity and inclusion. We have a dynamic entrepreneurial culture in which our people are empowered to make a difference to better serve client needs. We are committed to giving back to our communities and we are invested in your success.
We offer acompetitivetotal rewards package, continuing education & training, and tremendous potential with agrowingorganization.
Requirements:
Qualifications
  • Bachelor's degree in a business-related program preferred or equivalent education and/or experience required
  • Ability to efficiently organize work and manage time in order to meet deadlines
  • Exceptional verbal, written, and interpersonal skills
  • Ability to comply with all company policies and procedures, proactively protecting confidentiality of client and company information
  • Willingness and ability to work outside of normal business hours and travel as needed
  • Strong knowledge of Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint)
  • Legally able to work in the United States and will not require sponsorship for this position, now or in the future

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