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Insurance Risk Analyst Jobs in Connecticut (NOW HIRING)

Risk Director

Hartford, CT · On-site

$130K - $150K/yr

Help calculate, report, and analyze insurance risk exposures Qualifications and Competencies * At least 8 years of full-time long-term (re)insurance actuarial experience * Completion of all FSA ...

Senior Risk Analyst

Hartford, CT · On-site

$130K - $150K/yr

Talcott Financial Group* is an international life insurance group and the industry's trusted ... Collaborate with the Hedge Trading Desk to explore risk return profiles and trading analytics

We are looking for a Finance and Risk Analyst to support treasury and risk-related activities for a ... This Contract position focuses on analyzing insurance exposure, reviewing claims and loss trends ...

$110K - $140K/yr

ABOUT THE ROLE Are you the type of analytical professional who wants to understand how insurance companies actually manage risk, capital, and long-term profitability? This is a unique opportunity to ...

This role is an excellent fit for someone who is energized by analytical depth, eager to understand how insurance products drive risk and capital, and motivated to improve and automate existing ...

This role is an excellent fit for someone who is energized by analytical depth, eager to understand how insurance products drive risk and capital, and motivated to improve and automate existing ...

Senior Analyst/Analyst, ERM

Greenwich, CT

$96K - $119.60K/yr

This role is an excellent fit for someone who is energized by analytical depth, eager to understand how insurance products drive risk and capital, and motivated to improve and automate existing ...

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Insurance Risk Analyst information

See Connecticut salary details

$46.6K

$79.2K

$148.4K

How much do insurance risk analyst jobs pay per year?

As of May 29, 2026, the average yearly pay for insurance risk analyst in Connecticut is $79,182.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,800.00 and $82,300.00 per year, depending on experience, location, and employer.

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 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.

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.

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 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 popular job titles related to Insurance Risk Analyst jobs in Connecticut? For Insurance Risk Analyst jobs in Connecticut, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Analyst jobs in Connecticut look for? The top searched job categories for Insurance Risk Analyst jobs in Connecticut are:
What are popular job titles related to Insurance Risk Analyst jobs in CT? For Insurance Risk Analyst jobs in CT, the most frequently searched job titles are:

$130K - $150K/yr

Full-time

Posted 10 days ago


Job description

Talcott Financial Group* is an international life insurance group and the industry's trusted partner for comprehensive risk solutions. Talcott creatively designs and expertly delivers responsive solutions that transfer risk and manage capital in a way that supports the strategic needs of insurers today and into the future.
Talcott Financial Group has a proven track record of well-executed transactions, and the enterprise benefits from its strong financial position with over $127 billion in assets under management, its investment-grade financial strength ratings, and its partnership with Sixth Street, a leading global investment firm.
Talcott Financial Group's two core business platforms include: U.S. based Talcott Resolution and Bermuda and Cayman based Talcott Re.
Requirements
Talcott needs a leader with an ownership mentality to support end-to-end risk management of its businesses. This associate will need to embody the following to achieve this.
  1. Ability to navigate a matrix organization of leaders and staff
  2. Accountability for the accurate creation of risk management deliverables
  3. Identifying and seizing upon value creation opportunities as they arise
  4. Ensuring business partners receive appropriate education and training to fulfill their responsibilities
  5. Adept communication with all business partners to ensure understanding of risk management's needs
  6. Flexibility as Talcott achieves its growth strategy
  7. A willingness to exert the discretionary effort necessary to deliver insightful results

Responsibilities
  1. Enterprise Risk Management
    1. Ensure the offshore entities' holistic risk management, inclusive of transaction and key initiative risk oversight, are in compliance with the company's risk appetite statement and risk policies
    2. Monitor and analyze risk exposures
    3. Lead risk analysis of in-force and transaction initiatives
    4. Lead review of regulatory reporting deliverables such as CISSA, the BSCR year-end filing, and other regulatory deliverables
    5. Ensure appropriate offshore governance bodies are informed of key risk decisions
    6. Assist in preparation for regular meetings with regulators
  2. Insurance Risk Management
    1. Help oversee the insurance risk framework, which may require extensive research of insurance risk
    2. Help calculate, report, and analyze insurance risk exposures

Qualifications and Competencies
  • At least 8 years of full-time long-term (re)insurance actuarial experience
  • Completion of all FSA requirements or equivalent life and annuity actuarial organization Fellowship qualification
  • Desire to develop and maintain a thorough understanding of all products assumed in transactions, all reinsurance structures utilized, and all deal risks/mitigants
  • Willingness to learn risk management and actuarial software necessary to inform analysis
  • Strong effective communication, project management, and leadership skills
  • Willingness to exhibit curiosity towards novel work tasks
  • Ability to use basic productivity software like Excel, Word, Powerpoint, etc.

Compensation:
This range represents the minimum and maximum annual base salary we reasonably expect to pay for this role at the time of posting. The actual base pay could vary and may be above or below the listed range. The base pay is based on factors including but not limited to experience, competence, and demonstration of proficiencies essential for the role. The base pay is just one component of Talcott's total annual compensation for employees. Other compensation may include annual bonuses, long-term incentives and recognition.
*This role is not eligible for visa sponsorship. Applicants must be authorized to work in the United States on a full-time basis without current or future visa sponsorship.
**Talcott Financial Group is an equal employment employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity or expression, marital status, ancestry or citizenship status, genetic information, pregnancy status or any other characteristic protected by law. Talcott Resolution maintains a drug-free workplace. For more information regarding our Privacy Policy, please go to https://talcott.com/onlineprivacypolicy/onlineprivacypolicy.html