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Insurance Risk Analyst Jobs in New Jersey (NOW HIRING)

Bachelor's degree and a minimum of 5 years of insurance-related experience in risk management ... Excellent analytical, quantitative, and Excel skills; experience working with SFDC and data ...

... insurance risk management solutions to solve complex business -issues, working closely with the ... Qualified candidates must have: - Minimum 2~5 years of experience in financial credit analysis ...

Credit Analyst

Ridgefield Park, NJ · On-site

$50K - $100K/yr

... insurance risk management solutions to solve complex business issues, working closely with the ... Qualifications * - 0-3 years of experience in financial credit analysis or risk management ...

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Insurance Risk Analyst information

See New Jersey salary details

$49.7K

$84.5K

$158.4K

How much do insurance risk analyst jobs pay per year?

As of Jun 12, 2026, the average yearly pay for insurance risk analyst in New Jersey is $84,505.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,000.00 and $87,800.00 per year, depending on experience, location, and employer.

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 between $60,000 and $80,000, with experienced professionals or those in senior roles earning over $100,000. Salaries vary based on experience, location, and certifications such as the Chartered Property Casualty Underwriter (CPCU).

What is the highest paid position in insurance?

In insurance, executive roles such as Chief Underwriting Officer, Chief Risk Officer, or Chief Executive Officer tend to be the highest paid positions, often earning six- to seven-figure salaries. These roles require extensive experience, leadership skills, and often advanced certifications or degrees, and they oversee strategic decision-making and risk management at the highest level.

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 policyholders' risk profiles, and using statistical tools. They help determine appropriate premiums and develop strategies to mitigate losses, often working with underwriting teams and utilizing risk management software.

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 several years of experience, depending on the employer and specific role. Entry-level risk analyst jobs typically require a bachelor's degree in finance, economics, or a related field, and may involve on-the-job training or certifications such as FRM or CRM. More advanced roles may require prior experience or specialized skills in data analysis or risk modeling.

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 New Jersey? For Insurance Risk Analyst jobs in New Jersey, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Analyst jobs in New Jersey look for? The top searched job categories for Insurance Risk Analyst jobs in New Jersey are:
What are popular job titles related to Insurance Risk Analyst jobs in NJ? For Insurance Risk Analyst jobs in NJ, the most frequently searched job titles are:
Infographic showing various Insurance Risk Analyst job openings in New Jersey as of June 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 85% Full Time, 10% Part Time, and 3% Contract. Highlights an 82% Physical, 7% Hybrid, and 11% Remote job distribution, with an average salary of $84,505 per year, or $40.6 per hour.
Insurance Risk Manager

Insurance Risk Manager

Church & Dwight Co., Inc.

Ewing, NJ • On-site, Remote

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 25 days ago


Church & Dwight rating

8.2

Company rating: 8.2 out of 10

Based on 38 frontline employees who took The Breakroom Quiz

80th of 518 rated manufacturers


Job description

A collective energy and ambition. A place where you can make a real difference.


We're a company that genuinely cares about our people, our products, our consumers and the environment.


Our unique, informal culture champions courage, determination and collaboration. Knowing we have an open and supportive team means each of us has the freedom to take responsibility and ownership. We have a shared passion to work hard, innovate and push boundaries.

United by the belief that when we strive for growth, anything is possible. While we might not be the largest company in our industry, we believe we can have the biggest impact because: Together We Have the Power to Win.

Job Summary

Church & Dwight is seeking an Insurance Risk Manager to join our team. This role is responsible for overseeing and analyzing the day-to-day global insurance operations for the company.

About the Role

He/she will be as a strategic partner to key internal and external stakeholders, ensuring comprehensive protection of company assets and operations. The ideal candidate will be a collaborative problem-solver who proactively identifies risk to maintain best-in-class insurance programs that support company growth by managing exposures effectively.

Work Environment:

Hybrid Option: Available for candidates residing in New York (NY), New Jersey (NJ), or Pennsylvania (PA). This option requires working from our Ewing, NJ office on Tuesdays, Wednesdays, and Thursdays, with the flexibility to work remotely on Mondays and Fridays.

Remote Option: Available for candidates residing outside of New York (NY), New Jersey (NJ), and Pennsylvania (PA). Occasional travel to the Ewing, NJ office will be required for key meetings and events.

Role Accountabilities and Responsibilities
  • Set and execute the company's global insurance placement and renewal strategy; strongly support all carrier and broker negotiations through final placement, exercising delegated authority for coverage structure, limits, and retentions
  • Drive the comprehensive insurance program renewal process by compiling underwriting data, reviewing program structures, and recommending coverage changes based on industry best practices and company exposures, managing deliverables from brokers, and reviewing quotes, binders and policies
  • Review and update insurance policies for the company, identifying opportunities to improve coverage to optimize risk coverage; provide ongoing policy maintenance
  • Review vendor and client contracts to recommend appropriate insurance coverage types and levels, ensuring adequate risk transfer and protection
  • Facilitate risk identification, evaluation and understanding across the organization
  • Respond to all inquiries on coverage and risk management issues
  • Lead insurance and risk transfer diligence for M&A transactions
  • Participate in analyzing captive use and optimizing captive strategy
  • Lead global claims strategy and governance to ensure efficient resolution and optimal outcomes
  • Review loss runs to identify costs/benefits of insurable vs. retained risks; prepare regular loss reports for management review as requested
  • Manage annual disbursement of certificates of insurance; respond to all COI requests
  • Maintain working knowledge of the insurance marketplace
  • Own annual insurance premium budget for the company
  • Maintain strong working relationships with internal and external stakeholders
  • Serve as cash management backup for the Treasury team when necessary
Skills and Competencies
  • Ability to communicate effectively with all professional levels, both internally and externally
  • Strong interpersonal, verbal, and written communication skills
  • Excellent organization skills, detail-oriented, adaptive to changing priorities, ability to manage multiple projects and tasks and meet deadlines
  • Strong analytical and creative problem-solving skills
  • Sound judgement and the ability to think objectively
  • Negotiation, collaboration, and teamwork skills
  • Skilled in reading and interpreting documents such as insurance policies, contracts and procedure manuals
  • High level of discretion, as position involves routine exposure to confidential information
  • Demonstrated ability to contribute in a fast-paced, acquisitive, growth company
Education and Experience
  • Bachelor's degree in risk management, finance, business administration, or equivalent field
  • 5+ years of corporate insurance experience required
  • Cash Management experience preferred
  • Technical savvy required
  • 5% - 10% travel required, domestic and internationally
Compensation and Benefits

The U.S. base salary range for this full-time position is $110,000-$170,000. This position is also eligible for a bonus.

As a Church & Dwight US employee, you (and eligible dependents, as applicable) will have access to medical, dental, vision, basic life insurance, paid vacation and sick time, and Paid Parental Leave. U.S. employees are entitled to paid holidays, floating holidays, and vacation days starting in their first year of employment depending on hire date. You are also able to participate in our 401k retirement plan (with company match and profit-sharing) and Discounted Employee Stock Purchase Plan.

The actual base pay offered to the successful candidate will be based on multiple factors, including, but not limited to, job-related knowledge/skills, experience, business needs, geographical location, and internal pay parity. Compensation decisions are dependent upon the facts and circumstances of each position and candidate.

#LI-Hybrid

Church & Dwight is proud to be an Equal Opportunity Employer/Veterans/Individuals with Disabilities.
For more information on our company, our brands and our culture visit us at http://www.churchdwight.com/


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