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Insurance Risk Analyst Jobs in New Jersey (NOW HIRING)

NJ · Hybrid

$195K/yr

... insurance, and other paid leave for qualifying circumstances. This position is eligible for an incentive award. Purpose of the role To gather, analyse, and present risk data in a clear and concise ...

NJ · On-site

$150 - $200/hr

... insurance, and other paid leave for qualifying circumstances. This position is eligible for an incentive award. Purpose of the role To gather, analyse, and present risk data in a clear and concise ...

Risk Manager

Morristown, NJ · On-site

$80 - $100/hr

Organizes and moderates Root Cause Analysis and assists with the development of corrective action ... Advises site nursing staff, medical staff and administration on legal issues, billing, insurance ...

... risk management experience, desired Ability to read and understand contracts and insurance documents Analytical and adept at processing and breaking down data into actionable information Self-starter ...

Comprehensive health and life insurance and well-being benefits, based on location * Pension ... analyze, and mitigate potential risks and safeguard financial market in which DTCC plays a pivotal ...

Showing results 21-40

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 Sep 8, 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 is an insurance risk analyst?

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 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 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.

How much do insurance risk analysts get paid?

Insurance risk analysts typically earn a median annual salary of around $70,000 to $90,000, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts or those with specialized skills can earn over $100,000 annually.

How much does an insurance risk analyst make?

The average salary for an insurance risk analyst is around $70,000 to $90,000 per year, depending on experience, location, and industry. Entry-level positions typically start lower, while experienced analysts with certifications can earn higher salaries. Skills in data analysis and risk assessment tools are often required for higher-paying roles.

Is an insurance risk analyst a good career?

An insurance risk analyst is a professional who assesses and manages risks for insurance companies, often requiring strong analytical skills and knowledge of insurance policies. The role offers opportunities for career growth, stability, and the potential for specialization in areas like underwriting or data analysis, with many positions requiring relevant certifications or degrees. Overall, it can be a stable and rewarding career for those interested in finance, risk management, and data analysis.

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 August 2026, with employment types broken down into 1% As Needed, 72% Full Time, 19% Part Time, 2% Temporary, and 6% Contract. Highlights an 85% Physical, 1% Hybrid, and 14% Remote job distribution, with an average salary of $84,505 per year, or $40.6 per hour.

AVP, Community Resilience Senior Analyst

Chubb

Whitehouse Station, NJ • On-site

Full-time

Posted 27 days ago


Chubb rating

8.2

Company rating: 8.2 out of 10

Based on 67 frontline employees who took The Breakroom Quiz

148th of 315 rated insurance


Job description

Chubb has made community-scale climate resilience a strategic priority, with executive support and the resources needed to operate on a national scale. The AVP, Community Resilience Senior Analyst will provide the technical analysis needed to identify, evaluate, design, and measure solutions that reduce climate-driven losses in communities where Chubb has a significant marketplace.

Reporting to the VP, Community Resilience Leader, this role will work closely with Chubb's Personal Risk Services (PRS) Risk Consulting leadership team and internal experts in catastrophe modeling, underwriting, claims, data analytics, and risk engineering. The Senior Analyst will translate climate risk data and engineering information into actionable resilience strategies for property owners and communities, with a focus on quantifying how proposed interventions may affect physical risk, expected losses, and insurance affordability and availability outcomes.

The successful candidate will bring technical depth in at least one of the following areas:

  • Climate risk data analytics, geospatial analysis, or GIS
  • Building science, civil engineering, infrastructure engineering, or resilient design
  • Property risk engineering, catastrophe modeling and risk analysis, or loss-prevention analytics

This position offers a flexible location, with preference for candidates based in the Northeastern U.S., however, we welcome qualified candidates from across the U.S. Travel is expected to support project delivery in targeted communities and key stakeholder engagements.

Why This Role Matters

Communities need more than information about their climate risk. They need clear, technically credible guidance about which interventions will reduce losses.

This role offers the opportunity to apply data, engineering, and risk analysis expertise within a well-resourced, executive-backed initiative at one of the world's leading insurers. If you are a detail-oriented, relationship-driven problem solver who enjoys turning complex challenges into practical community outcomes, this is an opportunity to help advance community resilience at-scale.

Responsibilities

  • Support the planning and execution of community resilience initiatives across targeted geographies and perils through analysis of climate hazards, property and infrastructure exposure, physical vulnerabilities and potential losses.
  • Evaluate resilience measures based on expected risk reduction, technical feasibility, cost, implementation requirements, and maintenance needs.
  • Integrate catastrophe-modeling outputs, climate projections, claims experience, property data, engineering studies, GIS, and other sources to identify key risk drivers and resilience opportunities.
  • Develop maps, risk profiles, dashboards, and other analytical products that translate complex technical information into actionable recommendations.
  • Analyze the cost and benefit of resilience projects to help inform decision-making and investment priorities.
  • Support the development of metrics that connect Chubb's view of risk to outcomes communities can recognize, understand, and trust.
  • Keep analysis grounded in catastrophe modeling, predictive analytics, and current research.
  • Assist in coordinating relationships and meeting logistics with municipal partners, community organizations, HOAs, developers, and other local stakeholders.
  • Work with technical engineers and subject matter experts to support project scoping, planning, and implementation through documentation, coordination, and follow-up.
  • Track project timelines, milestones, deliverables, and action items to help ensure effective execution and provide status updates to leadership.
  • Prepare summaries, presentations, and reports for internal stakeholders and leadership.
  • Capture project outcomes, lessons learned, and successful practices to support internal reporting and replication of effective models through documentation and synthesis.
  • Assist in the development of case studies and success stories that demonstrate the impact of community resilience efforts for internal and external use as appropriate.
Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
  • Demonstrated technical expertise in at least one of the following areas: climate risk or geospatial data analysis; GIS; building science or resilient design; civil, structural, environmental, coastal, water-resources, or infrastructure engineering; or property risk engineering and loss prevention.
  • Working knowledge of climate hazards and their effects on buildings, infrastructure, utilities, and community systems.
  • Ability to integrate quantitative data, spatial analysis, model outputs, engineering evidence, and field observations into practical risk-reduction recommendations.
  • Experience evaluating the feasibility, performance, or cost-effectiveness of physical resilience measures.
  • Strong communication skills with the ability to explain complex technical findings, analytical uncertainty, and risk concepts clearly to technical and nontechnical audiences.
  • Experience working with multidisciplinary teams and supporting projects in complex, multi-stakeholder environments. 
  • Strong analytical judgment, project organization, and ability to manage multiple assignments simultaneously.
  • Comfort supporting technical, financial, and community-focused workstreams.
  • Experience with one or more relevant technical tools, such as ArcGIS, QGIS, Python, R, SQL, Power BI, Tableau, catastrophe modeling platforms, engineering analysis software, or building assessment tools.
  • Experience working in or alongside the insurance industry, local government, or community development is preferred.

Education and Experience

  • Bachelor's degree required in engineering, building science, architecture, GIS, data science, environmental science, climate science, risk management, or a related technical field.
  • Degrees in urban planning, public policy, sustainability, or related fields also considered when accompanied by technical analysis skillsets, including quantitative, geospatial, building-science, or engineering experience.
  • Advanced degree a plus.
  • Minimum of 5 years of relevant experience in climate risk, resilience engineering, adaptation, community development, infrastructure planning, risk consulting, or a related field.
  • Experience working with or alongside local government, community organizations, utilities, developers, or other external stakeholders.
  • Experience supporting projects or initiatives in complex, multi-stakeholder environments.
  • Professional certifications such as PE, GISP, CEM, CFM, PMP, LEED AP, or ENV SP are a plus.

The pay range for the role is $133,350 to $192,150. The specific offer will depend on an applicant's skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.


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About Chubb

Sourced by ZipRecruiter

Chubb is the world's largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. We are a unique global organization with a culture of individuals passionately committed to our respective crafts. With underwriting at our core, each of us contributes to providing the best insurance coverage and service to our clients. Our highly collaborative, inclusive nature helps us drive better business outcomes through diversity of background, experiences, insights and values.

Industry

Insurance services

Company size

10,000+ Employees

Headquarters location

Warren, NJ, US