ZipRecruiter

Log In

1

Insurance Risk Analyst Jobs in Michigan (NOW HIRING)

Champion Homes

Legal Risk Analyst

Troy, MI · On-site

Risk Management & Insurance Responsibilities * Assist in the identification, assessment, and ... Help collect, analyze, and prepare insurance exposure data, loss runs, and underwriting submissions

Champion Homes

Legal Risk Analyst

Troy, MI · On-site

Risk Management & Insurance Responsibilities * Assist in the identification, assessment, and ... Help collect, analyze, and prepare insurance exposure data, loss runs, and underwriting submissions

Champion Home Builders

Legal Risk Analyst

Troy, MI

Risk Management & Insurance Responsibilities * Assist in the identification, assessment, and ... Help collect, analyze, and prepare insurance exposure data, loss runs, and underwriting submissions

Sault Tribe

Govt. IT Security Risk Analyst

Perronville, MI · On-site

$57.94K/yr

The Security Risk Analyst, under the direction of the Director of IT Security, is responsible for ... Must have a valid driver's license and be insurable by the Sault Tribe Insurance Department. Must ...

Ilitch Companies

Risk & Finance Analyst

Detroit, MI · On-site

Conduct detailed financial analysis and risk assessments for the captive insurance companies. * Prepare comprehensive financial reports and dashboards for leadership, highlighting key performance ...

Ilitch Companies

Risk & Finance Analyst

Detroit, MI

Conduct detailed financial analysis and risk assessments for the captive insurance companies. * Prepare comprehensive financial reports and dashboards for leadership, highlighting key performance ...

Huntington

Segment Risk Specialist Sr

Detroit, MI · On-site +1

$57K - $113K/yr

Description The Senior Risk Analyst is responsible for identifying, assessing, and mitigating ... insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO)

Huntington

Segment Risk Specialist Sr

Detroit, MI · On-site +1

$57K - $113K/yr

Description The Senior Risk Analyst is responsible for identifying, assessing, and mitigating ... In addition, Huntington provides a variety of benefits to colleagues, including health insurance ...

next page

Showing results 1-20

People also search for

All JobsInsurance Risk Analyst JobsInsurance Risk Analyst Jobs in Michigan

Insurance Risk Analyst information

See Michigan salary details

$42.7K

$72.5K

$136K

How much do insurance risk analyst jobs pay per year?

As of May 29, 2026, the average yearly pay for insurance risk analyst in Michigan is $72,549.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,700.00 and $75,400.00 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.

More about Insurance Risk Analyst jobs
What are popular job titles related to Insurance Risk Analyst jobs in Michigan? For Insurance Risk Analyst jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Analyst jobs in Michigan look for? The top searched job categories for Insurance Risk Analyst jobs in Michigan are:
What are popular job titles related to Insurance Risk Analyst jobs in MI? For Insurance Risk Analyst jobs in MI, the most frequently searched job titles are:
Insurance Risk Analyst jobs near you
Infographic showing various Insurance Risk Analyst job openings in Michigan as of May 2026, with employment types broken down into 93% Full Time, 3% Part Time, 2% Contract, and 2% Nights. Highlights an 93% In-person, 2% Hybrid, and 5% Remote job distribution, with an average salary of $72,549 per year, or $34.9 per hour.

Legal Risk Analyst

Champion Homes

Troy, MI • On-site

Full-time

Posted 28 days ago

Job description

Position Summary
The Risk Analyst supports the company's enterprise risk management, insurance, and compliance activities while developing knowledge and experience in legal and regulatory matters related to risk. This role is designed for a detail-oriented professional who is eager to build a broad foundation in risk analysis, insurance programs, claims management, and legal processes including contracts, litigation support, and regulatory compliance. Over time, the Risk Analyst will take on increased responsibility for analytical, administrative, and legal-support work and serve as a key liaison between Finance, Operations, Human Resources, and Legal.
Risk Management & Insurance Responsibilities
  • Assist in the identification, assessment, and monitoring of operational, financial, and strategic risks across the organization
  • Support the development and maintenance of enterprise risk management tools, reports, and dashboards
  • Assist with the administration of corporate insurance programs, including property, general liability, workers' compensation, auto, cyber, D&O, EPLI, crime, and fiduciary lines
  • Help collect, analyze, and prepare insurance exposure data, loss runs, and underwriting submissions
  • Support insurance renewals by coordinating data requests with brokers, insurers, and internal stakeholders
  • Assist in tracking insurance policies, endorsements, certificates, and compliance requirements
  • Support the negotiation, documentation, and resolution of insurance claims under the guidance of senior risk or legal staff
  • Maintain vendor insurance compliance and certificate of insurance records
  • Monitor trends in claims, losses, and emerging risks and prepare summary reports for management
Legal & Compliance Development Responsibilities
(This role will learn and gradually assume legal-support responsibilities)
  • Assist with the review and administration of contracts, focusing on insurance, indemnification, and risk transfer language
  • Partner with Legal and Risk leadership to help evaluate contractual risk and recommend mitigation strategies
  • Support litigation and claim-related matters by organizing documentation and working with outside counsel, insurers, and third-party administrators
  • Track regulatory and compliance requirements related to risk, insurance, safety, and employment practices
  • Assist with responses to subpoenas, audits, and regulatory inquiries as directed
  • Help maintain contract, claims, and legal matter tracking systems
  • Learn legal concepts related to liability, insurance coverage, workers' compensation, employment practices, and regulatory compliance
Safety, Incident, and Compliance Support
  • Assist with incident reporting, claim intake, and follow-up documentation
  • Support basic safety and environmental compliance tracking and reporting
  • Help compile data for audits, inspections, and internal reviews
  • Coordinate with operations and safety teams to ensure accurate documentation and timely reporting
Qualifications
  • Bachelor's degree in Risk Management, Business, Finance, Legal Studies, Insurance, Safety, or a related field
  • 1-3 years of experience in risk management, insurance, compliance, legal support, or a related analytical role preferred
  • Strong interest in learning legal and regulatory aspects of risk management
  • Basic understanding of insurance concepts, contracts, or compliance highly desirable
  • Strong analytical, organizational, and documentation skills
  • Ability to handle confidential and sensitive information with professionalism
  • Proficient in Microsoft Office (Excel, Word, Outlook); experience with contract or risk management systems a plus
Key Competencies
  • Analytical mindset with strong attention to detail
  • Willingness to learn legal, regulatory, and technical concepts
  • Strong written and verbal communication skills
  • Ability to manage multiple priorities and deadlines
  • Collaborative approach and comfort working cross-functionally
Growth & Development
This position is intentionally structured to provide hands-on exposure to risk management, insurance, and legal functions, with opportunities for increased responsibility, training, and career progression into senior risk or legal-adjacent roles.
EEO Statement
Champion Home Builders is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, pregnancy, disability, age, veteran status, or other legally protected characteristics. Champion Home Builders participates in the E-Verify Program.

Apply