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Insurance Risk Analyst Jobs in Connecticut (NOW HIRING)

Trinityhealth

Clinical Risk Manager

Hartford, CT · On-site

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 ...

Trinity Health

Clinical Risk Manager

Hartford, CT

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 ...

Trinity Health

Clinical Risk Manager

Hartford, CT · On-site

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 ...

HomeServices Insurance

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 ...

SunEnergy1LLC

Insurance Manager

Stamford, CT · On-site

Risk Assessment & Coverage Analysis * Underwriting Coordination * Claims Management * Policy & Documentation Management * Contract Insurance Compliance * Vendor & Broker Relationship Management

PartnerRe

Insurance Operations Analyst

Stamford, CT · On-site

... 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 ...

PartnerRE Ltd.

Insurance Operations Analyst

Stamford, CT · Hybrid

... 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 ...

Dalio Family Office

Vendor Risk Manager

Westport, CT · Hybrid

Strong risk assessment and analytical skills * Technical understanding of enterprise security ... Gym reimbursement, back up childcare services, insurance, financial, and legal services, and much ...

DFO Referrals

Vendor Risk Manager

Westport, CT · Hybrid

Strong risk assessment and analytical skills * Technical understanding of enterprise security ... Gym reimbursement, back up childcare services, insurance, financial, and legal services, and much ...

Dalio Family Office

Vendor Risk Manager

Westport, CT · On-site

Strong risk assessment and analytical skills * Technical understanding of enterprise security ... Gym reimbursement, back up childcare services, insurance, financial, and legal services, and much ...

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All JobsInsurance Risk Analyst JobsInsurance Risk Analyst Jobs in Connecticut

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 Jul 13, 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.

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.

More about Insurance Risk Analyst jobs
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:
Insurance Risk Analyst jobs near you
Risk, Performance & Attribution Consultant - Officer

Risk, Performance & Attribution Consultant - Officer

State Street Global Advisors

Stamford, CT

$70K - $118K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 11 days ago

Job description

Risk, Performance & Attribution Consultant -PMARSpecialist

Overview

PMARSpecialists lead or directly contribute to CRIMS implementations, analyzing and evaluating requirements while providing product expertise and guidance throughout the implementation project. Ensure the solutions developed by Charles River meet the customers' business needs and that the customer is prepared to assume ownership and operate the solution after go-live.

Responsibilities

  • Lead or contribute to CRIMSperformance and riskimplementations for clients.

  • Analyze customer requirements and deliver tailored solutions.

  • Conduct presentations and execute proof-of-concept projects.

  • Educate customers on CRIMS methodologies and advise on best practices.

  • Monitor requirements for enhancements and communicate product improvements.

  • Contribute to software quality by reporting defects and validating fixes.

  • Assist Professional Services team and share best practices.

  • PMARBackground:

  • Captureperformance, attribution andrisk requirements for new implementationsby interacting with Portfolio Managers, Investment,Riskand Performanceteams.

  • Document end to end Alpha solution designaddressingPMARworkflows.

  • Working knowledge (Performance)

  • Transaction based performance calculations

  • Equity, Fixed Income and Factor Attribution

  • GIPS/Composite Management

  • Historical conversion,Restatementand Benchmarkworkflows

  • Working knowledge(Risk)

  • Multi-asset class (equity, fixed income,derivativesand commodities)support forsingle securityanalytics.

  • Equity,Fixed income andMulti-assetclassrisk factor models (MSCI, Northfield, Axioma)

  • Factor attribution

  • Econometric andFactor scenario analysis and stress testing.

  • VaR/Tail Risk

  • Ex-Post Risk

  • Portfolio Optimization

  • Liquidity Risk

  • Regulatory Risk

  • Regime andTrend Analysis

  • RiskCompliance Monitoring.

  • Design Operational controls.

Skills & Experience

  • Proven experience implementing mission-criticalrisksolutions.

  • Hands-on experience with investment management software.

  • Knowledge of SQL, FIX protocol, and Crystal Reports.

  • Strong customer service, time management, and problem-solving skills.

  • Experience with risk analytics job scheduling and troubleshooting.

  • Ability to work with cross-functional teams on risk and attribution projects.

  • Expertise in risk analytics, scenario analysis, portfolio optimization, and regulatory risk reporting.

Preferred Qualifications

  • FRM. CIPMand/or CFAcertification.

  • Experience supporting risk analytics and attribution solutions for global clients.

  • Familiarity withliquidity risk,regulatory risk andriskcompliance monitoring.

Education & Travel

  • Degree in Finance, Economics, Engineering, or Computer Science; CFA/FRMis a plus.

  • Willingness to travel 30%-50%.

Salary Range:

$70,000 - $118,750 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

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It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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