1

Insurance Risk Analyst Jobs in Wisconsin (NOW HIRING)

The Risk Manager will support the corporate risk and insurance program by implementing risk management strategies, managing insurance programs, and analyzing potential exposures across the ...

Risk & Insurance Specialist

Green Bay, WI · On-site

$95.80K/yr

... business analysis, and assemble records across the organization. * Facilitate the flow of ... Ensure that payments for insurance, settlements, or risk management services get paid timely and ...

Bachelor's degree in business, insurance, risk management, or related field of study. * 1+ years of experience in an operations role with an emphasis on defining processes and procedures, analyzing ...

Insurance Analyst II

Green Bay, WI · Hybrid

$19.50 - $26.50/hr

Provide financial and operational analysis related to risk management. * Respond to customer requests for certificates of insurance. Skills and qualifications: * Bachelors degree or equivalent work ...

The clinical risk manager is responsible for identifying, analyzing, and managing potentially ... Life & Disability Insurance * FSA/HSA Options * Generous, accruing paid time off * Paid Parental ...

next page

Showing results 1-20

Insurance Risk Analyst information

See Wisconsin salary details

$49.5K

$84K

$157.5K

How much do insurance risk analyst jobs pay per year?

As of May 29, 2026, the average yearly pay for insurance risk analyst in Wisconsin is $84,016.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,600.00 and $87,300.00 per year, depending on experience, location, and employer.

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 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 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 popular job titles related to Insurance Risk Analyst jobs in Wisconsin? For Insurance Risk Analyst jobs in Wisconsin, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Analyst jobs in Wisconsin look for? The top searched job categories for Insurance Risk Analyst jobs in Wisconsin are:
What are popular job titles related to Insurance Risk Analyst jobs in WI? For Insurance Risk Analyst jobs in WI, the most frequently searched job titles are:
Infographic showing various Insurance Risk Analyst job openings in Wisconsin as of May 2026, with employment types broken down into 88% Full Time, 10% Part Time, and 2% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $84,016 per year, or $40.4 per hour.

First Line Risk Analyst Senior - Payments and Fraud

Associatedbank

Green Bay, WI • On-site

Full-time

Retirement, PTO

Posted 13 days ago


Job description

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.

Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires.

Role Summary
The Senior First Line Risk Analyst serves as a key risk program leader and subject matter expert supporting fraud risk management across payment channels and banking operations. This role drives complex risk reviews, fraud investigations, and control assessments that help protect customers and strengthen business performance. You'll partner across teams, influence risk strategy, and gain exposure to enterprise-wide initiatives in a highly collaborative environment.

Key Accountabilities

  • Develop and enhance fraud detection strategies across ACH, debit, Zelle, wire, and bill pay channels.

  • Lead investigations into complex fraud events and document findings for internal, regulatory, and law enforcement purposes.

  • Analyze fraud trends, operational risk events, and customer impacts to identify control improvement opportunities.

  • Partner with business leaders, operations teams, and second line risk partners to strengthen risk management practices.

  • Conduct risk assessments and support control design for new payment products, systems, and vendor integrations.

  • Drive quality assurance reviews, control testing activities, and reporting initiatives aligned with OCC expectations.

  • Coordinate responses and supporting documentation for internal audits and regulatory reviews.

  • Deliver clear, actionable risk insights that support informed business decisions and operational improvements.

Education & Experience

Required

  • Bachelor's Degree in Risk Management, Business, Finance, Data Analytics, or a related field, or equivalent combination of education and experience.

  • 4+ years of experience in financial services with responsibilities related to risk management programs and practices.

  • Knowledge of enterprise or operational risk frameworks, banking products, and regulatory expectations.

  • Experience supporting fraud risk management, control testing, investigations, or operational risk activities.

Preferred

  • Experience supporting payments, fraud prevention, or banking operations risk programs.

  • Familiarity with OCC heightened standards and regulatory review processes.

  • Strong analytical, reporting, and cross-functional collaboration skills.

  • Experience working with payment systems, fraud detection tools, or vendor risk assessments.

Why You'll Love Working Here

Associated Bank offers opportunities to grow your career while making a meaningful impact across the organization. You'll work alongside experienced professionals in a culture that values collaboration, continuous learning, and innovation. If you're looking for a role where your expertise can help strengthen and protect the customer experience, apply today to make an impact.

We welcome and encourage applications from all qualified parties, including but not limited to people returning to the workforce, people with disabilities, those without a college degree, and veterans or those with military experience.

In addition to core traditional benefits, we take pride in offering benefits for every stage of life.

  • Retirement savings including both 401(k) and Pension plans.

  • Paid time off to volunteer in your community.

  • Opportunities to connect with others through our diversity-focusedColleague Resource Groups.

  • Competitive salaries with professional development and advancement opportunities.

  • Bonus benefits including well-being programs and incentives, parental leave,anemployee stock purchase plan, military benefits and much more.

  • Personal banking, loan, investmentand insurance benefits.

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois, Minnesota, and Missouri and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest.Join our community onFacebook,LinkedInandX.

Compliance Statement

Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.

Responsible to report ethical concerns as needed to Associated Bank's anonymous Ethics Hotline.

Associated Bank provides additional assistance throughout the application, interview and hiring process. Please contactleavesandaccommodations@associatedbank.comif you need an accommodation at any time during the process.

Associated Banc-Corp participates in the E-Verify Program. E-Verify NoticeEnglish or Spanish. Know Your Right to WorkEnglishorSpanish.

Associated Bank isPay Transparencycompliant.

The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role.

$70,280.00 - $120,480.00 per year