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Insurance Risk Analyst Jobs (NOW HIRING)

Insurance & Risk Analyst

Milford, MA · On-site

$80K - $100K/yr

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 ...

Insurance & Risk Analyst

Milford, MA · On-site

$80K - $100K/yr

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 ...

Apply Early

The Insurance Risk Analyst manages the end-to-end lifecycle of corporate insurance programs and complex claims. This role focuses heavily on data analysis to support annual policy renewals and ...

Analyst, Insurance Risk

Charlotte, NC · On-site

$65K - $103K/yr

The Insurance Risk Analyst manages the end-to-end lifecycle of corporate insurance programs and complex claims. This role focuses heavily on data analysis to support annual policy renewals and ...

The Risk and Insurance Analyst support Vuori's risk management function by combining hands-on claims management with financial analysis and reporting. This role manages day-to-day claims activity ...

Apply Early

The Risk and Insurance Analyst support Vuori's risk management function by combining hands-on claims management with financial analysis and reporting. This role manages day-to-day claims activity ...

Sr Risk Analyst - KR07DERisk Manager - KR07AE We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having ...

The Risk and Insurance Analyst support Vuori's risk management function by combining hands-on claims management with financial analysis and reporting. This role manages day-to-day claims activity ...

The UHS Corporate Insurance Department is seeking a Risk Insurance Analyst to c oordinate, monitor, review for compliance, negotiate, analyze, facilitate procedures, and track insurance requirements ...

The UHS Corporate Insurance Department is seeking a Risk Insurance Analyst to c oordinate, monitor, review for compliance, negotiate, analyze, facilitate procedures, and track insurance requirements ...

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Insurance Risk Analyst information

See salary details

$49K

$83.2K

$156K

How much do insurance risk analyst jobs pay per year?

As of Jul 1, 2026, the average yearly pay for insurance risk analyst in the United States is $83,237.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,000.00 and $86,500.00 per year, depending on experience, location, and employer.

How much does an insurance analyst make?

The average salary for an insurance risk analyst is around $70,000 to $85,000 per year, depending on experience, location, and certifications. Entry-level analysts typically earn less, while those with specialized skills or advanced credentials can earn higher salaries. Compensation may also include bonuses and benefits based on performance and company size.

What are some common challenges faced by Insurance Risk Analysts in evaluating emerging risks?

Insurance Risk Analysts often encounter challenges when assessing emerging risks such as cyber threats, climate change, or new technologies, as there may be limited historical data available. This requires them to continuously update their knowledge, collaborate with underwriters, actuaries, and external experts, and adopt advanced analytical tools to make informed recommendations. Staying proactive in identifying trends and adapting risk models is essential for success in this dynamic environment.

How much do risk analysts get paid?

Risk analysts in the insurance industry typically earn a median annual salary of around $70,000 to $90,000, depending on experience, location, and certifications. Entry-level positions may start lower, while experienced analysts with specialized skills can earn over $100,000 annually.

What are Insurance Risk Analysts?

Insurance Risk Analysts are professionals who assess and analyze potential risks that could affect an insurance company or its clients. They evaluate data and financial information to determine the likelihood and potential cost of events such as accidents, natural disasters, or other losses. Their work helps insurance companies set appropriate premiums and develop strategies to minimize financial loss. Insurance Risk Analysts also monitor trends and provide recommendations to reduce risk exposure.

What does a risk analyst do for an insurance company?

An insurance risk analyst evaluates potential risks that could affect an insurance company's financial stability by analyzing data, assessing risk exposure, and developing strategies to mitigate losses. They use statistical tools and industry knowledge to determine policy pricing and ensure the company's risk management aligns with regulatory standards.

What is the difference between Insurance Risk Analyst vs Insurance Underwriter?

AspectInsurance Risk AnalystInsurance Underwriter
Required CredentialsBachelor's degree in finance, economics, or related field; certifications like CPCU or ARM beneficialBachelor's degree in finance, economics, or related field; certifications like CPCU or ARM beneficial
Work EnvironmentAnalyzes data, assesses risks, and provides reports; often in an office settingEvaluates applications, determines policy terms, and approves or declines coverage; office-based
Employer & Industry UsageInsurance companies, risk management firms, consulting agenciesInsurance companies, brokerage firms, underwriting agencies

While both roles require similar credentials and work in the insurance industry, Insurance Risk Analysts focus on analyzing and quantifying risks to inform decision-making, whereas Insurance Underwriters evaluate individual applications to determine policy terms. Understanding these differences helps clarify career paths and employer expectations in the insurance sector.

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

To thrive as an Insurance Risk Analyst, you need strong analytical skills, a solid understanding of risk assessment methodologies, and typically a bachelor’s degree in finance, mathematics, or a related field. Familiarity with statistical software, risk modeling tools, and certifications such as Chartered Property Casualty Underwriter (CPCU) or Associate in Risk Management (ARM) are often required. Attention to detail, critical thinking, and effective communication are crucial soft skills for interpreting data and presenting findings to stakeholders. These skills ensure accurate risk evaluation, informed decision-making, and the development of effective risk mitigation strategies within insurance organizations.

Is risk analyst an entry level job?

A risk analyst position can be entry-level or require some experience, depending on the employer. Entry-level risk analyst roles typically require a bachelor's degree in finance, economics, or a related field, and may involve on-the-job training. Advanced roles may require additional certifications or experience in data analysis or risk management tools.

What Does an Insurance Risk Analyst Do?

An insurance risk analyst performs a variety of duties related to assessing risks your clients may undergo and how to insure them properly. You collect and analyze data, such as past claims in the industry, competitor pricing, and various risk management strategies to help your company keep costs down. Qualifications for the job include career training, education, and specialized skills. Typically, you need a bachelor’s degree in accounting or finance and some work experience in the industry. Important skills include an excellent eye for detail and strong analytical problem-solving.

What cities are hiring for Insurance Risk Analyst jobs? Cities with the most Insurance Risk Analyst job openings:
Who are the top companies hiring for Insurance Risk Analyst jobs? The top employers for Insurance Risk Analyst jobs are:
What states have the most Insurance Risk Analyst jobs? States with the most job openings for Insurance Risk Analyst jobs include:
What are popular job titles related to Insurance Risk Analyst jobs? For Insurance Risk Analyst jobs, the most frequently searched job titles are:
Infographic showing various Insurance Risk Analyst job openings in the United States as of June 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $83,237 per year, or $40 per hour.
Insurance & Risk Analyst

$80K - $100K/yr

Full-time

Posted 14 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 ExcelÂ