Description - External The Risk Analyst is Lockton' Northeast's entry level position and is ... Supports the Account Executives, Senior Client Managers and Client Managers in: * Responding to ...
Description - External The Risk Analyst is Lockton' Northeast's entry level position and is ... Supports the Account Executives, Senior Client Managers and Client Managers in: * Responding to ...
Description - External The Risk Analyst is Lockton' Northeast's entry level position and is ... Supports the Account Executives, Senior Client Managers and Client Managers in: * Responding to ...
Description - External The Risk Analyst is Lockton' Northeast's entry level position and is ... Supports the Account Executives, Senior Client Managers and Client Managers in: * Responding to ...
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Quick apply
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... risk/reward, probability parameters, and strict money management. In order to maximize the ... In order to reach this goal, experienced traders work with entry level traders in an extensive ...
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... operational risk management to improve organizational performance - Building meaningful client ... 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 Manager information
See Bridgewater, NJ salary details
$44.5K - $56K
8% of jobs
$56K - $67.5K
14% of jobs
$72.8K is the 25th percentile. Wages below this are outliers.
$67.5K - $79K
6% of jobs
$79K - $90.6K
8% of jobs
$90.6K - $102.1K
11% of jobs
The median wage is $104.5K / yr.
$102.1K - $113.6K
13% of jobs
$113.6K - $125.1K
11% of jobs
$128.6K is the 75th percentile. Wages above this are outliers.
$125.1K - $136.7K
15% of jobs
$136.7K - $148.2K
8% of jobs
$148.2K - $159.7K
4% of jobs
$159.7K - $171.2K
2% of jobs
$44.5K
$106K
$171.2K
How much do entry level risk manager jobs pay per year?
What is an Entry Level Risk Manager job?
An Entry Level Risk Manager assists in identifying, assessing, and mitigating risks that could impact a company's financial health, operations, or reputation. They typically work under senior risk managers, analyzing data, creating reports, and ensuring compliance with regulations. Their role involves learning risk management strategies, implementing policies, and supporting the organization's overall risk framework. Strong analytical skills, attention to detail, and knowledge of industry regulations are essential for success in this position.
Are risk managers in high demand?
How to start a career in risk management?
How to become a risk analyst with no experience?
What qualifications do I need to be a risk manager?
What typical challenges might an Entry Level Risk Manager face in their first year?
Entry Level Risk Managers often encounter the challenge of quickly learning to interpret complex data and understanding the organization's unique risk landscape. Adjusting to fast-paced environments and keeping up with constantly changing regulations are also common hurdles. New risk managers may need to build confidence when presenting findings to senior staff or collaborating across different departments. With mentorship and ongoing training, these challenges become valuable learning opportunities that help launch a successful career in risk management.
What are the key skills and qualifications needed to thrive in the Entry Level Risk Manager position, and why are they important?
To thrive as an Entry Level Risk Manager, you need strong analytical abilities, attention to detail, and a bachelor's degree in finance, business, or a related field. Familiarity with risk assessment tools, Microsoft Excel, and exposure to risk management frameworks are commonly expected, while certifications like FRM (Financial Risk Manager) can be advantageous. Effective communication, critical thinking, and problem-solving skills help you collaborate with teams and present findings clearly. These competencies are essential for accurately identifying and assessing risks, supporting decision-making, and minimizing potential threats to an organization.

Full-time
Posted 4 days ago
Lockton rating
9.0
Based on 47 frontline employees who took The Breakroom Quiz
36th of 298 rated insurance
Job description
Description - External
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 TSA to issue and process Invoices, Certificates of Insurance and Auto ID Cards
- Resolves accounting issues
- Performs other responsibilities and duties as needed
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.
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)
• Legally able to work in the United States