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Entry Level Risk Analyst Jobs in Madison, NJ (NOW HIRING)

Position Overview The Risk Analyst is Lockton' Northeast's entry level position and is designed for a recent college graduate or experienced professional with 1 to 2 years of relevant insurance ...

Jr. Capital Analyst

New York, NY · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

This is an entry-level position which supports the capital team primarily with maintaining and ... This role will work in close collaboration with Enterprise Risk Management (ERM), Catastrophe and ...

Quantitative Portfolio Analyst - 2026 Grad

New York, NY · On-site

$150K - $200K/yr

  • Medical

  • Retirement

A CAREER WITH POINT72'S PORTFOLIO CONSTRUCTION & ANALYTICS TEAM Point72 is seeking an entry-level ... Quantify market drivers to support risk taking and decision making * Communicate key findings to ...

Software Development Engineer

New York, NY

$115K - $148K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

... financial risk analytics and reporting. You will contribute to applications and services that ... entry level. Salary Range $115,119.60 - $148,350.00 This is the pay range the Company believes it ...

Software Development Engineer

New York, NY · On-site

$115K - $148K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

... financial risk analytics and reporting. You will contribute to applications and services that ... entry level. Salary Range $115,119.60 - $148,350.00 This is the pay range the Company believes it ...

Global Markets Analyst

New York, NY · On-site

$110K/yr

  • Medical

  • Life

  • Retirement

Capital Mrkts Sales & Service The Global Markets Analyst role is an entry-level position, designed ... Support analysis of market trends, contribute to pricing and risk discussions, and develop a strong ...

This role is part of StepStone's First STEP Program, our entry level early careers program designed ... Strong sense of risk/reward trade-offs, and an ability to display sound investment judgement * Self ...

Trade Surveillance Analyst

New York, NY · On-site

$171K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

That means triaging flagged activity, distinguishing genuine risk from noise, writing case ... This is an entry-level role, but the work carries real regulatory weight. If you want to build ...

Data Validation Risk - Senior Associate

Florham Park, NJ · On-site

$77K - $202K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Industry/Sector Not Applicable Specialism Data, Analytics & AI Management Level Senior Associate ... PwC does not intend to hire experienced or entry level job seekers who will need, now or in the ...

Data Validation Risk - Senior Associate

New York, NY · On-site

$77K - $202K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Industry/Sector Not Applicable Specialism Data, Analytics & AI Management Level Senior Associate ... PwC does not intend to hire experienced or entry level job seekers who will need, now or in the ...

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Entry Level Risk Analyst information

See Madison, NJ salary details

$15

$41

$67

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

As of Aug 18, 2026, the average hourly pay for entry level risk analyst in Madison, NJ is $41.73, according to ZipRecruiter salary data. Most workers in this role earn between $30.72 and $50.82 per hour, depending on experience, location, and employer.

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.

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.

Are entry level risk analyst jobs in high demand?

Entry level risk analyst jobs are in steady demand across various industries such as finance, insurance, and consulting, driven by the need for organizations to manage financial and operational risks. These roles often require skills in data analysis, risk assessment, and familiarity with tools like Excel or risk management software, making them a stable career option for recent graduates.

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. Developing skills in data analysis, risk assessment, and familiarity with tools like Excel or risk management software can help, but the role generally has a moderate entry barrier with relevant internships or certifications enhancing prospects.

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. A bachelor's degree in finance, economics, or a related field is typically required, and internships or volunteer work can help build practical experience. Demonstrating strong analytical abilities and attention to detail can improve your chances of entering the field.

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 job categories do people searching Entry Level Risk Analyst jobs in Madison, NJ look for?

The top searched job categories for Entry Level Risk Analyst jobs in Madison, NJ are:

What cities near Madison, NJ are hiring for Entry Level Risk Analyst jobs?

Cities near Madison, NJ with the most Entry Level Risk Analyst job openings:

Infographic showing various Entry Level Risk Analyst job openings in Madison, NJ as of August 2026, with employment types broken down into 1% As Needed, 86% Full Time, 11% Part Time, and 2% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $86,802 per year, or $41.7 per hour.

Full-time

Posted 21 days ago


Lockton rating

9.0

Company rating: 9.0 out of 10

Based on 47 frontline employees who took The Breakroom Quiz

35th of 309 rated insurance


Job description

Job Summary:
About Lockton Northeast
For the Northeast Series, you'll find our people in the metropolitan areas spanning Washington DC, Philadelphia, New York City, Hartford, Norwalk, Boston, and Portland ME. With our unmatched work ethic, and an ability to go above and beyond to make a difference for our clients, the Northeast continues to experience double-digit (organic!) growth.
We offer a flexible & hybrid work environment that allows our Associates to split their time between in person and remote.
Position Overview
The Risk Analyst is Lockton' Northeast's entry level position and is designed for a recent college graduate or experienced 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 in the Lockton Northeast Series. 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 partners to issue and process Invoices, Certificates of Insurance and Auto ID Cards
  • Resolves accounting issues
  • Performs other responsibilities and duties as needed

Requirements:
  • 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)
  • Must be legally authorized to work in the United States and not require sponsorship 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.

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