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Insurance Risk Analyst Jobs in Connecticut (NOW HIRING)

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

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

... analytics. HSB is redefining insurance by focusing on prevention-not just protection. Open to all HSB/Munich Re Offices + Remote Options Senior Cyber and Tech Risk About the Role Underwrite ...

... analytics. HSB is redefining insurance by focusing on prevention-not just protection. Open to all HSB/Munich Re Offices + Remote Options Senior Cyber and Tech Risk About the Role Underwrite ...

The Analyst will work cross-functionally to ensure our proprietary systems and vendor information ... Bachelor's degree in business, risk management, insurance, or related field. * 5+ years of ...

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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 Jul 14, 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.

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:

Vendor Risk Manager

DFO Referrals

Westport, CT • On-site

Full-time

Dental, Vision, Life, Retirement, PTO

Posted 12 days ago


Job description

Vendor Risk Manager
Dalio Family Office
Dalio Family Office Overview:
The Dalio Family Office (DFO) supports Barbara and Ray Dalio and their family in their ventures, investments, and philanthropic efforts under Dalio Philanthropies, which includes OceanX, Dalio Education, Endless Network, and the Beijing Dalio Foundation. The core of the DFO's culture is built around meaningful work and meaningful relationships and the family's commitment to giving back. The office is headquartered in Westport, CT with regional offices in New York City, Singapore, and Abu Dhabi.
Position Summary:
The Vendor Risk Manager owns the end-to-end third-party risk lifecycle, onboarding, diligence, monitoring, and exit across a high-volume, diverse vendor portfolio. You will synthesize risk across cybersecurity, AI, privacy, financial, and AML/CFT/sanctions domains into clear, actionable risk positions, performing structured threat modeling for high-exposure vendors.
Day-to-day responsibilities would include a combination of the following:
  • Own the VRM program end-to-end: strategy, policy, procedure, workflow, tooling, metrics, and executive reporting for CISO/CRO/board visibility.
  • Lead holistic vendor risk assessments across cybersecurity, AI risk, privacy, financial, AML/CFT/sanctions.
  • Document residual risk acceptances with named accountable executives and time-boxed review dates; coordinate with IT, Legal, Finance, and Compliance as appropriate.
  • Evaluate and monitor vendor security controls based on data sensitivity and business criticality, leveraging industry frameworks and evidence such as SOC 2, ISO 27001, penetration testing, and security assessments.
  • Conduct structured threat models (STRIDE, PASTA) for high risk vendors, and document findings as durable artifacts informing contracting, monitoring, and exit planning.
  • Translate threat model outputs into concrete, testable control requirements drawing from OWASP (ASVS, API Security Top 10, LLM/Agentic Top 10), NIST (SP 800-53, SP 800-161, CSF 2.0, SP 800-207), and MITRE ATT&CK; scale requirements to vendor tier.
  • Partner with Legal to translate identified risks into enforceable contractual requirements.
  • Apply FAIR or comparable quantitative methods for high-impact vendor decisions, expressing cyber risk in loss-exposure terms that resonate with senior leadership.
  • Advise IT, Engineering and business teams on vendor integration architecture (SSO/SCIM, OAuth, conditional access, DLP, segmentation, BYOK, VPC peering) and maintain approved reference patterns.
  • Drive automation and tooling maturity to handle high vendor volume without proportional headcount growth; produce program dashboards tracking throughput, cycle time, recertification compliance, and remediation aging.

The ideal candidate will possess the following knowledge, skills, attributes, and values:
  • Expert knowledge of third-party/vendor risk management
  • Strong risk assessment and analytical skills
  • Technical understanding of enterprise security architecture
  • Excellent communication and stakeholder management skills
  • Proven ability to lead and optimize vendor risk programs

Illustrative Benefits:
  • 100% company paid medical premiums
  • 17 company paid holidays
  • Friday summer hours
  • Monthly community happy hours
  • Hybrid work environment
  • Free catered food services for in-office days
  • Generous PTO offering
  • Casual dress code
  • 150% 401(k) match up to $7,500 and 100% match above $7,500 ($15k match limit)
  • Gym reimbursement, back up childcare services, insurance, financial, and legal services, and much more!

Qualifications:
  • Bachelor's degree in Information Security, Risk Management, Computer Science, Cybersecurity, or a related discipline.
  • At least 7 years of progressive experience across vendor risk management, cybersecurity architecture, security engineering, GRC, audit, or related fields.
  • Experience managing the full third-party/vendor risk lifecycle, including vendor onboarding, due diligence, risk assessments, continuous monitoring, recertification, remediation tracking, and vendor exit planning, with at least 2 years owning an end-to-end TPRM program.
  • Strong technical knowledge of cybersecurity frameworks, standards, and methodologies including NIST, ISO 27001/27002, OWASP, MITRE ATT&CK, Shared Assessments, threat modeling approaches (STRIDE/PASTA), and risk management practices.
  • Hands-on experience evaluating enterprise security controls, cloud and integration architectures, SOC 2 Type II reports, ISO certifications, penetration testing results, data protection requirements, and third-party security risks across complex technology environments.
  • Ability to communicate complex technical and risk concepts to executive stakeholders, collaborate effectively across business functions
  • 10% travel as required based on business needs.

Compensation:
Compensation for the role includes a competitive salary in the range from $175,000 -$260,000 (inclusive of a merit-based bonus, dependent on years of experience, level of education obtained, as well as applicable skillset) and an excellent benefits package, including paid time off ranging from 15 to 25 days based on years of service, paid sick and safe leave, dental, vision, life and disability insurance, paid parental time off, birth mother recovery pay, sick family member pay, parental ramp back up program, gym reimbursement and generous employer match for 401k.
Please note we are unable to provide immigration sponsorship for this position.
At the DFO, we believe our biggest asset is our people. We are proud to be an equal opportunity employer, hiring and developing individuals from diverse backgrounds and experiences to add to our collaborative culture. The DFO treats all candidates and employees with respect and does not discriminate in our recruiting, hiring, and promoting processes and general treatment during employment, including on the basis of actual or perceived race, creed, color, religion, sex, age, sexual orientation, gender identity and/or expression, alienage or national origin, ancestry, citizenship status, marital status, veteran status, or disability.