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Insurance Risk Analyst Jobs in Virginia (NOW HIRING)

Insurance Risk Specialist

Tysons, VA · On-site

$99K/yr

Dean is seeking an experienced Insurance Risk Specialist to support the administration and ... Strong analytical, organizational, and communication skills. * Ability to manage multiple ...

Insurance Risk Specialist

Tysons, VA · On-site

$99K/yr

Dean is seeking an experienced Insurance Risk Specialist to support the administration and ... Strong analytical, organizational, and communication skills. * Ability to manage multiple ...

Manage payment of invoices related to insurance premiums, bond issuance, and professional services utilized within the Risk Management department. * Prepare and file audit responses and manage ...

Analyst - Risk

Chesapeake, VA · On-site

$68K - $83K/yr

Manage payment of invoices related to insurance premiums, bond issuance, and professional services utilized within the Risk Management department. * Prepare and file audit responses and manage ...

Cybersecurity Risk Analyst

Mclean, VA · On-site

$100K - $150K/yr

Cybersecurity Risk Analyst Salary Range: $100,000 - $150,000 Clearance: TS/SCI + CI Poly Location ... Life Insurance * Work-life Balance Our employees have achieved incredible things working on some of ...

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Showing results 1-20

Insurance Risk Analyst information

See Virginia salary details

$48.6K

$82.5K

$154.7K

How much do insurance risk analyst jobs pay per year?

As of Aug 19, 2026, the average yearly pay for insurance risk analyst in Virginia is $82,523.00, according to ZipRecruiter salary data. Most workers in this role earn between $64,400.00 and $85,800.00 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 VA?

For Insurance Risk Analyst jobs in VA, the most frequently searched job titles are:

Infographic showing various Insurance Risk Analyst job openings in Virginia as of August 2026, with employment types broken down into 1% As Needed, 68% Full Time, 27% Part Time, and 4% Contract. Highlights an 89% Physical, 1% Hybrid, and 10% Remote job distribution, with an average salary of $82,523 per year, or $39.7 per hour.

Risk Management Analyst - Insurance

Dollar Tree

Chesapeake, VA • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 10 days ago


Dollar Tree rating

4.4

Company rating: 4.4 out of 10

Based on 2,524 frontline employees who took The Breakroom Quiz

37th of 39 rated national retailers


Job description

Summary of Position (Job Purpose) - Major purpose and functions of the position.
The Dollar Tree Risk Management Team doesn't simply work together; we challenge each other to push further, think smarter, and love what we're doing together. Our shared purpose is to mitigate risk of loss to the enterprise through insurance, claims management and consultative partnership with business owners. We are seeking a detail-oriented professional with experience in insurance, risk management, claims, or related operations who is also a proactive, self-directed contributor able to manage competing priorities, take ownership of work, and consistently follow through in a fast-paced environment.
This position identifies, evaluates and mitigates potential risks to help protect people, places and products. The Risk Analyst uses data analysis, financial modeling and visualization tools (e.g., PowerBI, Excel, Riskonnect, etc.) to quantify and communicate risks.
supports the risk management department by providing analytics, claims and loss control reporting of various types for internal and external stakeholders. The analyst will develop regular metrics for leadership and will interface with outside actuaries on loss trends and studies, as well as insurance brokers and carriers for renewals, audits, and claims. This role is the subject matter expert on taking information from various databases to combine into actionable information right sized for the audience.
Principal Duties and Responsibilities - Primary responsibilities listed in order of importance
  • Solve problems by aligning with others on what is needed, preparing relevant metrics and ensuring clearly communicated data for various audiences.
  • Combine data from various sources to create support needed for insurance submissions and audits, actuarial reviews and special projects.
  • Prepare monthly and quarterly reports illustrating risk management trends of claims, expenses, exposures, and TCOR for business partner support and education.
  • Develop, prepare, and distribute accurate frequency rate metrics on a reliable and regular cadence.
  • Work cross-functionally with Asset Protection, Safety and Operations to create and maintain a dashboard of metrics needed by operators to have line of sight into key performance indicators.
  • Serve as the subject-matter expert in the department for all reporting and analytics needs to support day-to-day activities, as well as research into trends and special projects.
  • Issue-spot while supporting business needs, to find alternative solutions for data mining and/or more efficient solutions and report those findings to leaders in risk management.
  • Identify new sources of data, ways to slice and compare and methods to improve data collection analysis and reporting.
  • Support efforts in the setup and ongoing management of a risk management information system.
  • Prepares comprehensive reports and presentations on risk findings for management and stakeholders.
  • Assist with preparing complex budgets and forecast changes, including specific tasks such as analyzing financial data, preparing financial forecasts, and managing budgeting processes.
  • Provide day-to-day guidance to internal and external stakeholders on claim reporting issues.
  • Special projects assigned by Risk Management leaders.

Minimum Requirements/Qualifications - Summary of knowledge, experience and education required
  • Bachelor's Degree
  • 3 years demonstrated experience independently managing analysis, reporting and cross-functional business support in a professional setting.
  • Curiosity for continuous improvement and tenacity to solve problems.
  • Analytical skills required to assemble and interpret claims, metrics, and loss data.
  • Strong attention to detail, including regular follow-up on action items.
  • Advanced technology skills related to Excel including PowerBI and/or risk management information systems for data visualization, reporting, and data management.
  • Ability to work in fast paced team environment, handling multiple tasks and meeting deadlines

Desired Qualifications - Desired but not required.
  • Associate in Risk Management (ARM) or other insurance/risk designation.
  • Accounting background.
  • Ability to teach others how to support minimal analytical tasks themselves.
  • Experience working with risk management information systems (RMIS).
  • Riskonnect or other Salesforce platform experience.

Start Rate = $78,000 to $85,500 based on experience plus 10% bonus
The company offers Health, Dental, & Vision, a flexible spending account, life and disability insurance benefits, a 401k plan, PTO, paid holidays annually, and an employee stock purchase plan.
Full time
500 Volvo Parkway,Chesapeake,Virginia 23320
Risk Management
Dollar Tree

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About Dollar Tree

Sourced by ZipRecruiter

With Dollar Tree and Family Dollar, we put value front and center for our customers. We do this by providing our customers with quality merchandise, amazing values, convenience, and a fun shopping experience. Whether you’re looking for the thrill of the hunt at Dollar Tree or shopping for your favorite brands at Family Dollar, you’re sure to find savings on a great selection of merchandise in our stores.

Industry

Retail

Company size

10,000+ Employees

Headquarters location

Chesapeake, VA, US