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Insurance Risk Analyst Jobs in Connecticut (NOW HIRING)

Maintain general knowledge of facility insurance programs and collaborate with the Risk Management Team on insurance-related matters. * Proactively analyze patient safety concerns and medical error ...

Maintain general knowledge of facility insurance programs and collaborate with the Risk Management Team on insurance-related matters. * Proactively analyze patient safety concerns and medical error ...

Maintain general knowledge of facility insurance programs and collaborate with the Risk Management Team on insurance-related matters. * Proactively analyze patient safety concerns and medical error ...

... insurance and operational risk. The incumbent will partner closely with Tribal Council, Legal ... data analysis tools and reports that help to determine actions that mitigate risk for the ...

Submarine Sonar Analyst

Waterford, CT · On-site

$90K - $125K/yr

Health and Dental Insurance * Dependent Care Assistance Plan * Health Care Reimbursement Plan ... Experience in applying advanced analytical techniques to solve complex problems *Maintaining a U.S.

Health and Dental Insurance * Dependent Care Assistance Plan * Health Care Reimbursement Plan ... Experience in applying advanced analytical techniques to solve complex problems *Maintaining a U.S.

Submarine Sonar Analyst

Waterford, CT · On-site

$90K - $125K/yr

Health and Dental Insurance * Dependent Care Assistance Plan * Health Care Reimbursement Plan ... Experience in applying advanced analytical techniques to solve complex problems *Maintaining a U.S.

Insurance Producer

Hartford, CT · On-site

$19.23 - $24.03/hr

Market and sell personal lines insurance policies. Proactively contact all leads to recommend ... Working knowledge of risk assessment and risk management techniques. * Excellent analytical ...

State Filings Analyst We are seeking a State Filings Analyst to support regulatory product filings ... to manage risk, respond to times of uncertainty and discover new potential. We invest in our ...

This business leader will manage the casualty risk control, claims, and data and analytics staff to ... Twenty plus years of progressive experience in insurance and risk management * Ten plus years of ...

... after risk events around the world. Our mission is to continue to be a financially stable and ... Basic knowledge of insurance financial statements * Process analysis experience * Strong analytical ...

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Showing results 1-20

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 30, 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:
Risk Manager, ALM Credit and Market Risk

Risk Manager, ALM Credit and Market Risk

The Hartford Financial Services Group, Inc.

Hartford, CT • On-site

$112.40K - $168.60K/yr

Full-time

Posted 23 days ago


The Hartford rating

8.8

Company rating: 8.8 out of 10

Based on 103 frontline employees who took The Breakroom Quiz

53rd of 259 rated insurance


Job description

Risk 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 every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.
Risk Manager, ALM Credit and Market Risk
The Risk Manager will join the ALM, Credit and Market Risk team and be responsible for assessing investment capital considerations and monitoring The Hartford's exposure to interest rate, credit, equity, and foreign exchange risks. This role supports effective risk oversight by ensuring investment risk exposures remain within established risk management parameters across varying economic conditions.
The position requires a strong understanding of an insurance company balance sheet and solid knowledge of fixed income and equity asset classes. The Risk Manager will partner closely with Enterprise Risk Management, HIMCO, Treasury, Finance, and the Insurance Businesses to analyze and communicate capital and income considerations under various scenarios. Key responsibilities include maintaining risk models and presenting analytical insights to internal stakeholders.
This position is based in Hartford, CT (Home Office).
Responsibilities:
  • Own and lead the investment capital stress testing framework, including model governance, assumption oversight, and ongoing enhancements.
  • Forecast capital impacts under prescribed, market-driven stress scenarios using multiple rating agency and NAIC frameworks.
  • Quantify capital sensitivity across GAAP, Statutory, and Economic accounting perspectives under market stress scenarios.
  • Apply investment and capital markets expertise particularly in fixed-income securities and derivatives to assess portfolio positioning and risk exposures.
  • Analyze interest rate, credit spread, and equity stress scenarios and communicate impacts on financial performance.
  • Assess asset impact under climate stress scenarios through validation of key modeling assumptions.
  • Lead and mentor one to two analysts while supporting the development and enhancement of risk, capital, and ALM models aligned with enterprise risk management objectives.
  • Lead risk monitoring and analysis in response to market events, communicating insights to a broad range of stakeholders.
  • Leverage AI to enhance risk analytics and strengthen stress testing capabilities.
  • Communicate effectively with Lines of Business, HIMCO, and Corporate Finance, translating analytical results into clear, actionable insights for stakeholders.

Qualifications:
  • A minimum of five years of professional experience in investment risk role focused on fixed income is ideal. Experience in corporate finance, actuarial, investment, or a related field may also be considered.
  • Excellent statistical and quantitative background, including programming and modeling skills (e.g., R).
  • Foundational knowledge of pricing, valuation, financial and risk management models.
  • Organized and detail oriented with an ability to adjust to multiple projects and shifting priorities.
  • Excellent communication skills with senior leaders and key business partners including the ability to summarize complex analysis for diverse audiences.
  • B.A. or B.S. in finance or another quantitative discipline.
  • Master's degree in a quantitative discipline, MBA, and/or actuarial credentials or progression toward credentials (ASA, ACAS) and/or a C.F.A. is a plus.

As a condition of your employment for HIMCO, you will be required to affirm to HIMCO's Code of Ethics and understand that you will be required to comply with the disclosure of accounts, holdings and pre-clearance of trades for the accounts of you and your household family members as more fully described in the Code of Ethics Key Points. If you will be deemed to be a "Covered Associate" under HIMCO's Pay to Play Policy, you will also need to disclose all political contributions that you have given within the past 2 calendar years.
Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
$112,400 - $168,600
Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
About Us | Our Culture | What It's Like to Work Here | Perks & Benefits

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About Hartford

Sourced by ZipRecruiter

Hartford Financial Services Group, widely recognized as The Hartford, is a renowned company based in Hartford, CT, US. Established in 1810, it has evolved into an industry leader in the insurance and financial services sector, proudly serving more than one million businesses in the US. The Hartford is committed to offering a gamut of insurance products that include homeowners, automobile, and business insurance as well as employee benefits and mutual funds. The company’s core values revolve around customer-focused innovations, diversity and inclusion, and ethical dealings that have earned them a customer-centric reputation. This shapes their mission which revolves around aiding their clients to overcome unforeseen obstacles and enhancing their wealth over time. Among the company's noted accomplishments is being consistently listed among the World's Most Ethical Companies, a testament to their unwavering commitment towards responsible business practices.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Hartford, CT, US

Year founded

1810

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