ZipRecruiter

Log In

1

Insurance Risk Analyst Jobs in Pennsylvania (NOW HIRING)

Horizon Farm Credit

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

Horizon Farm Credit

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

Horizon Farm Credit

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

next page

Showing results 1-20

All JobsInsurance Risk Analyst JobsInsurance Risk Analyst Jobs in Pennsylvania

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 Jul 7, 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.

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.

More about Insurance Risk Analyst jobs
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:
Insurance Risk Analyst jobs near you
IRC Analyst

IRC Analyst

Horizon Farm Credit

Butler, PA • On-site

$70K - $110K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 3 days ago

Job description


Are you looking for a professional opportunity that blends analytical problem-solving, risk management, and meaningful impact in a collaborative team environment?
Overview
Horizon Farm Credit is seeking two IRC Analyst to join our Risk team. Two positions available, qualified candidate may work in any available Horizon Farm Credit branch location. To view locations, click here Locations | Horizon Farm Credit. This position is eligible for hybrid work schedule after 6 months of successful employment. Our ideal candidate is a detail-oriented, analytical professional with strong critical-thinking skills and a passion for strengthening internal controls and risk management practices.
In this role, you will conduct internal control reviews, evaluate the design and effectiveness of business process controls, and provide meaningful, well-supported recommendations that strengthen risk mitigation across the organization. The IRC Analyst works independently with general direction and may coach or support less-tenured team members.
Areas of Responsibility Include:
  • Verify compliance with internal control policies and procedures by examining records, reports, operating practices, and documentation.
  • Support audits and examinations conducted by Internal Audit and external partners (e.g., External Auditor, AgFirst, or FCA).
  • Evaluate design and operating effectiveness of internal controls and assess potential fraud risk during reviews.
  • Prepare risk assessments and generate risk and control matrices (RACM); update GRC systems with risks and controls.
  • Develop and execute detailed test procedures using strong critical-thinking skills.
  • Analyze transactions, documentation, and reporting to assess adequacy and process effectiveness.
  • Prepare timely review findings, documentation, and formal reports, including recommendations for remediation.
  • Prepare exception trackers and verify the status of remediation efforts.
  • Manage engagement operations, ensuring quality work is completed on time and within budget.
  • Scope, plan, and document audit engagements.
  • Seek opportunities to gain exposure to diverse situations and build strong, quality relationships across the organization.

Education & Experience
  • Bachelor's degree in Accounting, Finance, Management Information Systems, or Business Administration. Professional certifications such as CIA, CPA, or CISA preferred.
  • Generally, three to five years of risk management experience preferred.

Preferred Skills
  • Advanced understanding of business processes, financial reporting, and IT risks, processes, and controls.
  • Knowledge of Corporate Governance, SOX requirements, and leading frameworks such as COSO and CoBIT.
  • Strong ability to research regulations, summarize requirements, and identify compliance gaps.
  • Proficiency with Microsoft Office Suite and working knowledge of SharePoint.
  • Ability to analyze industry trends and apply relevant tools appropriately.
  • Strong written and verbal communication skills and ability to produce high-quality deliverables.
  • Adaptable, flexible, and able to work in a dynamic environment.
  • Ability to travel to branch offices, AgFirst, and other facilities as needed.
  • Regular, predictable, and reliable attendance required.

Who are we?
Horizon Farm Credit is an expert in agriculture, with over 100 years of serving rural America. As a premier rural lender, we're constantly growing and seeking new members for our team. As part of Horizon Farm Credit, you have the opportunity to make a meaningful impact on agriculture and rural communities.
What can we offer you?
We offer competitive compensation and benefits packages for full-time employees including:
  • Medical insurance with dental and vision care options
  • 401(k) with significant employer matching
  • Paid time off, holidays, and volunteer time
  • Tuition reimbursement and training opportunities
  • Student loan reimbursement
  • Leadership and career development opportunities
  • Paid maternity and bonding leave
  • Paid short-term disability
  • Fun, inclusive, and supportive work environment

Salary Range: $70,000 - $110,000, depending on previous experience.
Equal Opportunity Employer, including veterans and individuals with disabilities.

Apply