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Insurance Risk Analyst Jobs in Ohio (NOW HIRING)

Sales Associate - Group Benefits

Akron, OH · On-site +1

$13.50 - $18.25/hr

... analytical and problem-solving skills. • Effective networking and relationship-building skills. • Exceptional interpersonal abilities. Preferred • Prior insurance or risk management sales ...

The GRC Lead Analyst serves as a trusted advisor to senior leadership, influencing risk-based ... insurance, delivering superior risk insights and innovative solutions to customers through a ...

The GRC Lead Analyst serves as a trusted advisor to senior leadership, influencing risk-based ... insurance, delivering superior risk insights and innovative solutions to customers through a ...

This role is critical to ensuring our agency delivers competitive, tailored insurance solutions to ... Analyze market trends and develop placement strategies aligned with client goals. 3. Technical ...

Sales Associate - P&C

Cincinnati, OH · On-site

$13.50 - $18.25/hr

Performs a detailed analysis of a prospective client's needs by reviewing their existing insurance / risk management program; makes recommendations for appropriate and competitive coverages.

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Insurance Risk Analyst information

See Ohio salary details

$46.6K

$79.1K

$148.3K

How much do insurance risk analyst jobs pay per year?

As of Jul 9, 2026, the average yearly pay for insurance risk analyst in Ohio is $79,133.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,800.00 and $82,200.00 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 OH? For Insurance Risk Analyst jobs in OH, the most frequently searched job titles are:
Security Analyst (In-Persons Interview)

Security Analyst (In-Persons Interview)

Sonsoft Inc

Marysville, OH • On-site

Contractor

Re-posted 12 days ago


Job description

Company Description

SonSoft Inc. is a USA based corporation duly organized under the laws of the Commonwealth of Georgia. SonSoft Inc is growing at a steady pace specializing in the fields of Software Development, Software Consultancy and Information Technology Enabled Services.

Job Description
  • Implement the overall risk management framework and processes, tools, and reporting methodologies on a continuous cycle.
  • Develop and standardize processes and procedures for ongoing risk identification, tracking, monitoring, and evaluating security measures and remediation efforts; communicate security control deficiencies and recommend mitigation plans, report status progress and with non-compliance issues; measure adherence to the security controls from a policy, governance and risk standpoint.
  • Perform third party supplier risk assessments by reviewing contracts for compliance with security policies, standards and practices; document security gaps and recommend appropriate remediation actions as necessary to minimize risks to the business.
  • Assist with documenting security policies, standards, and guidelines based on the organization's requirements, maturity level, and compliance objectives.
  • Facilitate awareness communications to various audiences, coordinate, and maintain project schedules, plans, and scope using standard project management methodologies.

Daily Task Performed:-

  • Planning, designing and implementing an overall risk management process for the organization; 
  • Risk identification, analysis, tracking, monitoring, documenting exceptions, and communicating risks to owners
  • risk assessment, which involves analyzing risks as well as identifying, describing and estimating the risks affecting the business;
  • risk evaluation, which involves comparing estimated risks with criteria established by the organization such as costs, legal requirements and environmental factors, and evaluating the organization's previous handling of risks;
  • establishing and quantifying the organization's 'risk appetite', i.e. the level of risk they are prepared to accept;
  • risk reporting in an appropriate way for different audiences, for example, to the board of directors so they understand the most significant risks, to business heads to ensure they are aware of risks relevant to their parts of the business and to individuals to understand their accountability for individual risks;
  • corporate governance involving external risk reporting to stakeholders;
  • carrying out processes such as purchasing insurance, implementing health and safety measures and making business continuity plans to limit risks and prepare for if things go wrong;
  • conducting audits of policy and compliance to standards, including liaison with internal and external auditors;
  • providing support, education, and training to staff to build risk awareness within the organization
  • maintaining current documentation of all related activities for GRC Unit


Musts

  • Bachelor degree in Information Systems or equivalent work experience of a minimum of 3-5 years as an information security risk management practitioner, preferably in the financial, consulting, and/or global organizations
  • Prior work experience of risk management disciplines, security policies and standards, technology risk assessment, and third party supplier risk process and requirements
  • Current or previous experience with risk assessment methodologies and conducting risk analysis in a regulated environment or related IT audit background
  • Knowledge of security and control frameworks, such as ISO 27002, NIST, CobiT, COSO and ITIL
  • Experience with implementation of information security best practices for key areas such as access control, data protection, systems development life cycle, PCI DSS, and cloud services
  • Professional certification in risk management, and/or audit is preferred (e.g., CISSP, CRISC, CISA, or CISM)
Qualifications

Business Experience:-

  • Proven ability to work with and across all levels of the organizations and navigate organizational boundaries
  • Excellent organizational, interpersonal and communication skills with strong written, oral, and presentation skills; both delivery and creation of power points (must be able to distil complex topics into simple concepts)
  • Ability to effectively communicate with technical and executive audiences and develop and maintain strong peer/client/customer relationships underpinned by a service oriented approach to work
  • Adept at time management, tasks and projects prioritization, and multi-tasking
  • High level of personal integrity, and the ability to professionally handle confidential matters and exude the appropriate level of judgment and maturity
  • High degree of initiative, attention to detail, follow-up skills, deliver on commitments, dependability, and ability to work with little supervision
  • Demonstrated problem-solving skills and capability to drive process improvements
  • Highly proficient with Microsoft Office Suite especially Excel and PowerPoint; and SharePoint administration.

Wants:-

Demonstrate broad competency and understanding in a variety of IT security areas:

  • Security Policy Development and Management
    • Assist with documenting security policies, standards, standard operating procedures and guidelines based on the organization's requirements, maturity level, and compliance objectives.
  • Risk Management
    • Perform risk assessments, generate risk reports/updates, tracking progress of remediation efforts.
  • Security Awareness
    • Facilitate and distribute communications to various audiences to promote about GRC Unit's objectives and goals.
  • Information security risk management, risk assessments, reporting, tracking and strong interpersonal and communication skills.
Additional Information

Connect with me at https://www.linkedin.com/in/mir-hasham-ali/ (For Direct Clients Requirements)


** U.S. Citizens and those who are authorized to work independently in the United States are encouraged to apply. We are unable to sponsor at this time.

Note:-

  1. This is a Contract job opportunity for you.
  2. Only US Citizen, Green Card HolderGC-EADH4-EAD & L2-EAD can apply.
  3. No OPT-EAD, H1B & TN candidates, please.
  4. Please mention your Visa Status in your email or resume.

** All your information will be kept confidential according to EEO guidelines.


Sonsoft logo

About Sonsoft

Sourced by ZipRecruiter

Sonsoft , Inc. is a USA based corporation duly organized under the laws of the Commonwealth of Georgia. Sonsoft Inc. is growing at a steady pace specializing in the fields of Software Development, Software Consultancy and Information Technology Enabled Services.

Industry

It services

Company size

51 - 200 Employees

Headquarters location

Alpharetta, GA, US

Year founded

2007