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Insurance Risk Analyst Jobs in Pennsylvania (NOW HIRING)

As our AVP of Asset Risk & Analytics, you will contribute to and support risk management of the ... Demonstrated knowledge of insurance company portfolio management, asset-liability management ...

IRC Analyst

Mechanicsburg, PA · Hybrid

$70K - $110K/yr

Overview Horizon Farm Credit is seeking two IRC Analyst to join our Risk team. Two positions ... Medical insurance with dental and vision care options * 401(k) with significant employer matching

IRC Analyst

Mechanicsburg, PA · On-site

$70K - $110K/yr

Overview Horizon Farm Credit is seeking two IRC Analyst to join our Risk team. Two positions ... Medical insurance with dental and vision care options * 401(k) with significant employer matching

IRC Analyst

Butler, PA · Hybrid

$70K - $110K/yr

Overview Horizon Farm Credit is seeking two IRC Analyst to join our Risk team. Two positions ... Medical insurance with dental and vision care options * 401(k) with significant employer matching

IRC Analyst

Mount Joy, PA · On-site

$70K - $110K/yr

Overview Horizon Farm Credit is seeking two IRC Analyst to join our Risk team. Two positions ... Medical insurance with dental and vision care options * 401(k) with significant employer matching

IRC Analyst

Mount Joy, PA · Hybrid

$70K - $110K/yr

Overview Horizon Farm Credit is seeking two IRC Analyst to join our Risk team. Two positions ... Medical insurance with dental and vision care options * 401(k) with significant employer matching

IRC Analyst

Butler, PA · On-site

$70K - $110K/yr

Overview Horizon Farm Credit is seeking two IRC Analyst to join our Risk team. Two positions ... Medical insurance with dental and vision care options * 401(k) with significant employer matching

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Insurance Risk Analyst information

See Pennsylvania salary details

$49.1K

$83.4K

$156.4K

How much do insurance risk analyst jobs pay per year?

As of Jun 13, 2026, the average yearly pay for insurance risk analyst in Pennsylvania is $83,437.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,200.00 and $86,700.00 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 Pennsylvania? For Insurance Risk Analyst jobs in Pennsylvania, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Analyst jobs in Pennsylvania look for? The top searched job categories for Insurance Risk Analyst jobs in Pennsylvania are:
What are popular job titles related to Insurance Risk Analyst jobs in PA? For Insurance Risk Analyst jobs in PA, the most frequently searched job titles are:
Infographic showing various Insurance Risk Analyst job openings in Pennsylvania 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 78% Physical, 11% Hybrid, and 11% Remote job distribution, with an average salary of $83,437 per year, or $40.1 per hour.
Risk and Insurance Manager

Risk and Insurance Manager

Pittsburgh Cultural Trust

Pittsburgh, PA • On-site

Full-time

Posted 3 days ago


Job description

The Risk and Insurance Manager is responsible for monitoring financial processes and general organizational risk issues to improve safety, reduce costs, and mitigate organization risk through diligent oversight and process improvement.  This position is tasked with assessing the risks associated with the Trust’s physical and financial operations and ensuring the Trust proactively implements and responds appropriately to prevent or reduce loss.  To accomplish this work, the Manager will gather data from across Trust venues and departments, review procedures, confer with outside insurance/risk contacts, identify ways to reduce risk, and develop strategies for implementing changes in the workplace. Key workflows involving the Manager include loss prevention processes, insurance, worker’s compensation, and any related legal actions.
 
Knowledge, Skills & Experience Required:
Education: Bachelor’s degree in accounting, finance, business management, arts administration or related field required.
Work Experience: Minimum 5 years’ experience in risk management, safety, accounting, or business management required. Experience with arts administration and non-profit administration preferred.
Supervisory Experience: No supervisory experience required, although experience leading through influence is helpful.  
Technical Skills: Strong working knowledge of Microsoft Office required, especially Excel. Knowledge of insurance terminology and practices is critical, and familiarity with basic legal concepts and legal claims management is very helpful.
Intangibles: Excellent attention to detail, responsive, problem-solving orientation, and inquisitive nature. Collaborative worker and solid team player. Strong time management skills with the ability to manage multiple priorities in a fast-paced environment. Mathematical orientation and good comfort level with data analysis. Outstanding communication skills.
 
Essential Functions:
Main job responsibilities: 
  • Refinement of organizational processes to protect employees, guests, artists, and the organization – educating staff members about best practices, taking proactive steps to address potential hazards in Trust venues and office spaces, and securing proper insurance to protect the Trust’s financial interests.
  • Documentation of all safety issues for reporting and loss prevention.
  • Resolution of insurance issues with claims adjusters and insurance agents – includes property damage claims filed by the Trust as well as guest, employee, and other outside claims made for losses occurring on Trust premises. Serving as the point of contact within and for the PCT for all claims may require work on nights and weekends.
  • If legal action occurs associated with a claim or risk event, serve as the liaison to insurance agents and counsel while working closely with the PCT Chief Financial Officer and Chief Administrative Officer.
  • Participation and contribution to the Trust’s Safety Committee, providing safety data, industry best practices, insurance expertise, and financial knowledge to safety and loss control discussions. 
  • Serve as the PCT liaison to the insurance broker for all insurances, including workers’ compensation, general liability, employee benefits, liquor, cyber, umbrella, property, fine arts, and executive risk. Review and organize the annual review and binding of insurance policies, avoiding gaps in coverage and keeping cost reasonable.
  • Assist and track finances related to capital projects.
  • Perform project-based work at the direction of the Director of Budget and Financial Systems, Director of Finance and Controller, Chief Financial Officer, or Chief Administrative Officer.
  • Support and provide backup to relevant functions within the Finance department.
  • Demonstrate a commitment to diversity, equity, accessibility, and inclusion through continuous development, modeling inclusive behaviors, and proactively managing bias.
  • Perform other responsibilities as assigned.
Supervisory responsibility: The Manager does not have any direct supervisory responsibility.  
Decision-making responsibility: This position exercises significant discretion regarding organizational response to risk/liability issues, as well as various insurance and sales processes. 
Budgetary responsibility: The Manager manages the insurance line items in the organizational budget.
Strategic responsibility: This position contributes to the organizational strategy for risk prevention and loss control. 
Reporting requirements: The Manager provides reporting on insurance claims and safety/risk prevention issues as requested. 
Travel requirements: Limited travel (less than 5%) is required for this position.
Physical demands: This position involves mainly office work – occasional lifting up to 20-30 lbs. may be required.  The individual should be able to sit and/or view a computer screen for extended periods of time. 
Salary Range starting at $65,000
The Pittsburgh Cultural Trust is an equal opportunity employer.  All applicants are considered for employment without attention to race, color, age, religion, sex, sexual orientation, gender identity, ethnicity, national origin, veteran or disability status. 
Employees are expected to be able to perform the essential duties and responsibilities of this position, with or without job modification/reasonable accommodation. If an employee believes a job modification/reasonable accommodation is needed, please contact Human Resources so that a review can be conducted. The Pittsburgh Cultural Trust strives to comply with the accommodation provisions of the Americans with Disabilities Act, Title VII of the Civil Rights Act, the Pregnant Workers Fairness Act, and other related federal, state, and local laws.
 

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