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Financial Risk Analyst Jobs in Boston, MA (NOW HIRING)

Consigli Construction

Insurance & Risk Analyst

Milford, MA · On-site

$80K - $100K/yr

Finance Department: Risk Management Reports to: Director of Risk Management Supervisory Duties: No Salary Range: $80,000 - $100,000 The Insurance & Risk Analyst is a key member of the Risk Management ...

Consigli Construction

Insurance & Risk Analyst

Milford, MA · On-site

$80K - $100K/yr

Finance Department: Risk Management Reports to: Director of Risk Management Supervisory Duties: No Salary Range: $80,000 - $100,000 The Insurance & Risk Analyst is a key member of the Risk Management ...

State Street Global Advisors

Market Risk

Boston, MA · On-site +1

$82K - $180K/yr

... on financial industry experience and/or applied data analytics is gained. Must also have ... and risk modelling; proven strong quantitative mindset and ability to take model ownership and ...

State Street Corporation

Market Risk

Boston, MA · On-site

$82K - $180K/yr

... on financial industry experience and/or applied data analytics is gained. Must also have ... and risk modelling; proven strong quantitative mindset and ability to take model ownership and ...

Rockland Trust

Senior IT Risk Analyst

Plymouth, MA · Hybrid

Senior IT Risk Analyst (First Line of Defense) Rockland Trust is seeking a Senior IT Risk Analyst ... Financial services industry experience. Required Qualifications * Bachelor's degree in Information ...

Rockland Trust

Senior IT Risk Analyst

Plymouth, MA · Hybrid

Senior IT Risk Analyst (First Line of Defense) Rockland Trust is seeking a Senior IT Risk Analyst ... Financial services industry experience. Required Qualifications * Bachelor's degree in Information ...

FINRA

Principal Analyst, Risk Monitoring

Boston, MA · Hybrid

Bachelor's degree in Finance, Accounting, Business, or related field (or equivalent combination of education and experience) * Proven analytical experience in the financial services industry, with ...

Karen Clark & Company

Risk Consultant

Boston, MA · On-site

$85K - $110K/yr

... analytics, or comparable professional role; background in insurance, catastrophe modeling, or finance preferred * Bachelor's degree required (STEM, economics, finance, or related field preferred); MB ...

Karen Clark & Company

Risk Consultant

Boston, MA · On-site

$85K - $110K/yr

... analytics, or comparable professional role; background in insurance, catastrophe modeling, or finance preferred * Bachelor's degree required (STEM, economics, finance, or related field preferred); MB ...

Karen Clark & Company

Risk Consultant

Boston, MA · On-site

$85K - $110K/yr

... analytics, or comparable professional role; background in insurance, catastrophe modeling, or finance preferred * Bachelor's degree required (STEM, economics, finance, or related field preferred); MB ...

GMO

Technology Risk & Continuity Analyst

Boston, MA · On-site

$80/hr

... financial intermediaries, and private clients. Industry-wide, we are well known for our focus on ... As a key member of the Security Risk & Audit team, the Technology Risk & Continuity Analyst ...

GMO

Technology Risk & Continuity Analyst

Boston, MA · On-site

$80/hr

... financial intermediaries, and private clients. Industry-wide, we are well known for our focus on ... As a key member of the Security Risk & Audit team, the Technology Risk & Continuity Analyst ...

GMO

Technology Risk & Continuity Analyst

Boston, MA

$80/hr

... financial intermediaries, and private clients. Industry-wide, we are well known for our focus on ... As a key member of the Security Risk & Audit team, the Technology Risk & Continuity Analyst ...

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All JobsFinancial Risk Analyst JobsFinancial Risk Analyst Jobs in Boston, MA

Financial Risk Analyst information

See Boston, MA salary details

$41.8K

$95.7K

$128.2K

How much do financial risk analyst jobs pay per year?

As of Jul 1, 2026, the average yearly pay for financial risk analyst in Boston, MA is $95,718.00, according to ZipRecruiter salary data. Most workers in this role earn between $76,000.00 and $120,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Financial Risk Analyst, and why are they important?

To thrive as a Financial Risk Analyst, you need strong analytical skills, a solid understanding of finance and statistics, and typically a bachelor's degree in finance, economics, or a related field. Familiarity with risk modeling tools, financial software like Excel, MATLAB, or Python, and certifications such as FRM or CFA are highly valued. Attention to detail, problem-solving abilities, and effective communication help analysts present complex risk findings clearly and work well in teams. These competencies are essential for accurately assessing potential risks, supporting sound decision-making, and safeguarding an organization's financial stability.

What are some common challenges faced by Financial Risk Analysts in their daily work, and how can they be addressed?

Financial Risk Analysts often deal with rapidly changing market conditions and large volumes of complex data, which can make accurate risk assessment challenging. Staying updated with regulatory changes and effectively communicating risk findings to stakeholders with varying levels of financial knowledge are also frequent hurdles. To address these challenges, analysts typically use advanced risk modeling tools, participate in ongoing training, and collaborate closely with other departments such as compliance and trading. Building strong analytical and communication skills is key to navigating these demands successfully.

What is the difference between Financial Risk Analyst vs Credit Analyst?

AspectFinancial Risk AnalystCredit Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; certifications like FRM or CFABachelor's degree in finance, economics, or related field; certifications like CFA often preferred
Work EnvironmentFinancial institutions, investment firms, corporate finance departmentsBanks, lending institutions, credit agencies
Employer & Industry UsageUsed across finance sectors to assess risk levels of investments and portfoliosPrimarily used by banks and lenders to evaluate creditworthiness of borrowers

While both roles involve financial analysis, a Financial Risk Analyst focuses on assessing overall financial risks across investments and portfolios, whereas a Credit Analyst specializes in evaluating the creditworthiness of individual borrowers. Both roles require similar credentials and often work within the finance industry, but their specific focus areas differ.

What does a Financial Risk Analyst do?

A Financial Risk Analyst identifies and assesses potential risks that could affect a company's financial health, such as market fluctuations, credit issues, or operational losses. They use quantitative techniques, financial modeling, and data analysis to forecast potential risks and recommend strategies to mitigate them. Their work helps organizations make informed investment decisions, comply with regulations, and protect assets. Financial Risk Analysts often work in banks, investment firms, insurance companies, and corporate finance departments.
What are popular job titles related to Financial Risk Analyst jobs in Boston, MA? For Financial Risk Analyst jobs in Boston, MA, the most frequently searched job titles are:
What job categories do people searching Financial Risk Analyst jobs in Boston, MA look for? The top searched job categories for Financial Risk Analyst jobs in Boston, MA are:
Financial Risk Analyst jobs near you
Infographic showing various Financial Risk Analyst job openings in Boston, MA as of June 2026, with employment types broken down into 2% As Needed, 57% Full Time, 27% Part Time, and 14% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $95,718 per year, or $46 per hour.
Insurance & Risk Analyst

Insurance & Risk Analyst

Consigli Construction

Milford, MA • On-site

$80K - $100K/yr

Full-time

Posted 13 days ago

Job description

Employment Type: Full-Time

FSLA: Salary/Exempt

Division: Finance

Department: Risk Management

Reports to: Director of Risk Management

Supervisory Duties: No

Salary Range: $80,000 - $100,000

The Insurance & Risk Analyst is a key member of the Risk Management team, supporting the identification, analysis, and management of project-related risk across a diverse portfolio of construction projects. This role works closely with Project Teams, Insurance Brokers, and internal partners including Marketing and Legal to ensure that insurance requirements, coverage, and compliance documentation are managed accurately and effectively. The position provides hands-on exposure to construction risk, insurance placement, and coverage evaluation in a fast-paced, collaborative environment.

Responsibilities / Essential Functions
  • Review project insurance requirements and contracts to ensure compliance and identify coverage gaps
  • Secure insurance quotes and facilitate coverage changes as needed
  • Request and obtain certificates of insurance through insurance brokers
  • Support management of Builder’s Risk across projects, including data gathering, coverage review, and policy tracking
  • Evaluate coverage needs, including Difference in Conditions and Deductible Buydown opportunities
  • Coordinate procurement of Payment & Performance Bonds, including documentation and broker/surety coordination
  • Review insurance invoices and deductible billings for accuracy and track associated costs
  • Provide support for CCIP and OCIP programs
  • Collaborate with Project Teams, brokers, and internal stakeholders to manage risk effectively
  • Assist the Risk Management Department with additional needs as required
Key Skills
  • Strong verbal and written communication skills
  • Ability to manage multiple priorities and meet deadlines
  • Strong attention to detail and organizational skills
  • Analytical and problem-solving mindset
  • Ability to work collaboratively across teams and departments
  • Proactive, self-motivated, and adaptable in a fast-paced environment
  • Strong team player with a positive and professional approach
Required Experience
  • Bachelor’s degree required
  • 3–5+ years of relevant industry experience
  • Working knowledge of insurance coverage types, terms, and policy structures
  • Experience in construction insurance, brokerage, or carrier environment preferred
  • Familiarity with construction projects and risk management practices
  • Experience supporting insurance programs in Massachusetts and New York preferred
  • Proficiency in Microsoft Office, including Excel