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Insurance Risk Analyst Jobs in Austin, TX (NOW HIRING)

CGI Inc.

PMO Analyst

Austin, TX · On-site

$138K - $139K/yr

Risk & Issue Management . Maintain and update the RAID log (Risks, Assumptions, Issues ... Comprehensive insurance options . Matching contributions through the 401(k) plan and the share ...

Arrive Logistics

Claims Analyst

Austin, TX · On-site +1

... the insurance industry. * 5+ years of experience managing claims required. Experience in cargo ... Proficient in Google Suite; conduct basic risk analysis and general data reporting. * Superior ...

Arrive Logistics

Claims Analyst

Austin, TX · Remote

... the insurance industry. * 5+ years of experience managing claims required. Experience in cargo ... Proficient in Google Suite; conduct basic risk analysis and general data reporting. * Superior ...

IA American

Risk & Underwriting Support

Austin, TX · On-site

Reporting & Data Analysis (60%) * Generate recurring and ad hoc reports * Compile data from ... Flexible Health, Dental, and Vision insurance * 401(k) with company match * PTO plan * Employee and ...

Gallagher

Account Manager

Austin, TX · On-site

Advanced data and analytics providing a comprehensive overview of the risk landscape is at your ... As part of Gallagher, a global leader in insurance, risk management, and consulting, you'll be ...

Nutrabolt

Sr. Treasury Analyst

Austin, TX · On-site

... risk oversight, and global treasury operations. Beyond daily cash execution, this role serves as a ... life insurance, mental wellness programs, 401K matching, and a Lifestyle Spending Account.

YourHire

Venture Investment Analyst

Austin, TX · On-site

... automation, digital risk models, and next-generation systems that modernize care delivery ... Familiarity with healthcare and insurance regulatory environments a plus * Ability to assess ...

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Showing results 1-20

All JobsInsurance Risk Analyst JobsInsurance Risk Analyst Jobs in Austin, TX

Insurance Risk Analyst information

See Austin, TX salary details

$48.6K

$82.5K

$154.6K

How much do insurance risk analyst jobs pay per year?

As of Jul 22, 2026, the average yearly pay for insurance risk analyst in Austin, TX is $82,505.00, according to ZipRecruiter salary data. Most workers in this role earn between $64,400.00 and $85,700.00 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 Austin, TX? For Insurance Risk Analyst jobs in Austin, TX, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Analyst jobs in Austin, TX look for? The top searched job categories for Insurance Risk Analyst jobs in Austin, TX are:
What cities near Austin, TX are hiring for Insurance Risk Analyst jobs? Cities near Austin, TX with the most Insurance Risk Analyst job openings:
Insurance Risk Analyst jobs near you
Infographic showing various Insurance Risk Analyst job openings in Austin, TX as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $82,505 per year, or $39.7 per hour.
Insurance Data Consultant/Analyst | Underwriting

Insurance Data Consultant/Analyst | Underwriting

Sedgwick

Austin, TX • On-site, Remote

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 5 days ago

Sedgwick rating

7.6

Company rating: 7.6 out of 10

Based on 316 frontline employees who took The Breakroom Quiz

191st of 281 rated insurance

Job description

By joining Sedgwick, you'll be part of something truly meaningful. It's what our 33,000 colleagues do every day for people around the world who are facing the unexpected. We invite you to grow your career with us, experience our caring culture, and enjoy work-life balance. Here, there's no limit to what you can achieve.

Newsweek Recognizes Sedgwick as America's Greatest Workplaces National Top Companies

Certified as a Great Place to Work

Fortune Best Workplaces in Financial Services & Insurance

Insurance Data Consultant/Analyst | Underwriting

Are you looking for an impactful opportunity where you can use your data, reporting, and insurance experience to help leaders and clients make informed business decisions?

  • Be a part of a rapidly growing, industry-leading global company known for its excellence and customer service.

  • Leverage Sedgwick's broad, global network of experts to both learn from and share your insights.

  • Take advantage of professional development opportunities that help you perform your best work and grow your career.

  • Enjoy flexibility and autonomy in your daily work, your location, and your career path.

ARE YOU AN IDEAL CANDIDATE?

If you are an experienced Data Analyst with a strong insurance background, we want to talk to you. The ideal candidate has experience partnering with underwriting, claims, actuarial, reinsurance, and technology teams to transform insurance data into meaningful reports, dashboards, and business insights.

WORK LOCATIONS

Austin, TX Hybrid | Preferred

Telecommuter Role | May be considered in CST zone

Periodic travel to the Austin, TX Sedgwick office may be required

PRIMARY PURPOSE OF THE ROLETo develop complex reports and analyze company data including Corporate or client specific data; to serve as a technical resource for company staff on data analysis and benchmarking issues;to meet with clients on such issues as necessary; to provide training and data analysis education for program staff; and to provide technical oversight and guidance to client dedicated analysts located in multiple field offices.

ESSENTIAL FUNCTIONS and RESPONSIBILITIES

  • Develops comprehensive, complex and accurate information reports.

  • Creates complex data reports and provides analysis for forecasting and/or benchmarking used by senior management.

  • Reports directly to senior management; communicates data findings for forecasting and client needs.

  • Obtains, analyzes and provides appropriate feedback on company or client specific information needs.

  • Provides complex data analysis functions to meet client specific, program or company senior management needs.

  • Serves as a resource for colleagues on data analysis and benchmarking issues.

  • Provides technical oversight and guidance to client dedicated analysts located in multiple field offices.

  • Provides training and data analysis education for colleagues.

  • Travels as required.

QUALIFICATIONS

Education & Licensing: Bachelor's degree with major in Business Administration, Statistics, or Quantitative Analysis from an accredited college or university preferred. Computer Science courses preferred.

Experience: Six (6) years of related experience or equivalent combination of education and experience required. Experiencein an insurance related field and one (1) years statistical analysis strongly preferred.

Skills & Knowledge

  • Knowledge of risk management information systems including utilization and functionality

  • Excellent oral and written communication, including presentation skills

  • PC literate, including Microsoft Office products

  • Analytical and interpretive skills

  • Strong organizational skills

  • Strong time management skills

  • Excellent interpersonal skills

  • Excellent negotiation skills

  • Ability to work in a team environment

  • Ability to meet or exceed Performance Competencies

TAKING CARE OF YOU

  • Remote work opportunity

  • Career development and promotional growth opportunities

  • Opportunity to work in an analytical, client-focused environment

  • Access to Sedgwick's broad network of industry experts and resources

  • A diverse and comprehensive benefits offering, including medical, dental, vision, and 401(k)

WORK ENVIRONMENT
When applicable and appropriate, consideration will be given to reasonable accommodations.

Mental:Clear and conceptual thinking ability; excellent judgment, troubleshooting, problem solving, analysis, and discretion; ability to handle work-related stress; ability to handle multiple priorities simultaneously; and ability to meet deadlines

Physical:Computer keyboarding, travel as required

Auditory/Visual:Hearing, vision and talking

As required by law, Sedgwick provides a reasonable range of compensation for roles that may be hired in jurisdictions requiring pay transparency in job postings. Actual compensation is influenced by a wide range of factors including but not limited to skill set, level of experience, and cost of specific location. For the jurisdiction noted in this job posting only, the range of starting pay for this role is $90,000.00 to $115,000.00 USD annual salary. A comprehensive benefits package is offered including but not limited to, medical, dental, vision, 401k and matching, PTO, disability and life insurance, employee assistance, flexible spending or health savings account, and other additional voluntary benefits.

The statements contained in this document are intended to describe the general nature and level of work being performed by a colleague assigned to this description. They are not intended to constitute a comprehensive list of functions, duties, or local variances. Management retains the discretion to add or to change the duties of the position at any time.

#LI-REMOTE #LI-HYRBRID

Sedgwickis an Equal Opportunity Employer and a Drug-Free Workplace.

If you're excited about this role but your experience doesn't align perfectly with every qualification in the job description, consider applying for it anyway! Sedgwick is building a diverse, equitable, and inclusive workplace and recognizes that each person possesses a unique combination of skills, knowledge, and experience. You may be just the right candidate for this or other roles.

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