Entrylevel Insurance Risk Management Jobs in Worcester, MA

Strategic Risk Solutions Inc. (SRS), the world’s largest independent insurance company manager, is growing and looking for a Risk Analyst to join our team in Concord. You will help transform complex information into meaningful insights that support clients, insurance programs, and business decision-making. 

This role is ideal for someone who enjoys problem-solving, collaborating with others, and building a long-term career within a growing and specialized industry. 

Why Join SRS? 

• Build expertise in the specialized and growing captive insurance industry. 

• Work with clients and industry professionals across a variety of industries. 

• Develop analytical, consulting, project management, and business communication skills. 

• Gain exposure to insurance company formations, risk financing strategies, and regulatory environments. 

• Learn from experienced professionals in a collaborative and supportive environment. 

• Contribute to meaningful projects that impact client and business outcomes. 

Responsibilities 

Data Collection and Analysis 

• Collect, organize, and maintain insurance, financial, and operational data from multiple sources. 

• Perform data cleansing, validation, and quality assurance to ensure accuracy and consistency. 

• Analyze data trends and translate findings into actionable insights that support underwriting, risk financing, and strategic business decisions. 

• Create and maintain analytical tools, reporting solutions, and operational resources that support client service and business objectives. 

Insurance Policy Support 

• Assist with the administration and maintenance of insurance policies and related documentation. 

• Review policy information for completeness and accuracy. 

• Support policy renewals, endorsements, certificates, and coverage documentation. 

• Collaborate with colleagues, clients, brokers, carriers, and service providers to gather information and ensure timely completion of projects. 

• Assist in the preparation and completion of insurance company applications, business plans, and regulatory filings. 

• Gather supporting documentation and coordinate information requests from regulators, consultants, and service providers. 

• Maintain organized records of applications and filing materials. 

• Support project management activities associated with insurance company formations and renewals. 

Report Development and Presentation Support 

• Prepare reports, dashboards, and analytical summaries for management and clients. 

• Develop professional presentations and supporting materials using Microsoft PowerPoint. 

• Compile and present data in a clear and concise manner to support strategic decision-making. 

• Partner with team members across business functions to develop reporting and presentation materials that support client and management objectives. 

• Assist with ad hoc projects and special assignments as needed. 

Qualifications 

• Bachelor’s degree in Risk Management, Finance, Business, Accounting, Economics, or a related field preferred. 

• One to three years of analytical, insurance, or financial services experience preferred. 

• Insurance industry experience or knowledge is a plus. 

• Strong attention to detail and organizational skills. 

• Excellent written and verbal communication skills. 

• Ability to manage multiple projects and deadlines in a fast-paced environment. 

• Experience with Microsoft Office applications and database management tools preferred. 

• Ability to learn and utilize insurance and risk management software systems. 

Encouraged to Apply 

We recognize that talented professionals bring a variety of experiences and perspectives. If you are excited about this opportunity but do not meet every qualification listed, we encourage you to apply. We value curiosity, learning agility, collaboration, and a commitment to professional growth. 

Salary 

$60,000 - $65,000 annually. Final salary will be determined based on experience and qualifications. 

About SRS 

SRS is the world’s largest independent insurance company manager. With over 25 years of experience, SRS provides management and consulting services to a wide range of insurance company entities, from single parent captives to complex commercial insurers and reinsurers. SRS has operations in the United States, Canada, Europe, Barbados, Bermuda, Cayman Islands, Latin America, and South Africa. 

Offering a competitive salary, bonus plan, and a generous benefits package, SRS strives to provide every employee with opportunities for rewarding growth and advancement in an environment of genuine equity and inclusion. The pace is dynamic and engaging, offering employees the opportunity to take on meaningful responsibilities, develop new skills, and grow their careers within a collaborative environment. 

EOE 

For more information on SRS, please visit www.strategicrisks.com. 
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