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

Analyze corporate insurance policies and programs to assess risk exposure and coverage adequacy. * Manage insurance renewals, including data collection, application preparation, and underwriting ...

Analyze corporate insurance policies and programs to assess risk exposure and coverage adequacy. * Manage insurance renewals, including data collection, application preparation, and underwriting ...

Analyze corporate insurance policies and programs to assess risk exposure and coverage adequacy. * Manage insurance renewals, including data collection, application preparation, and underwriting ...

Producer

Houston, TX · On-site

Excellent analytical, interpersonal, and communications skills are necessary; customer service ... Our core focus is providing traditional commercial P&C insurance, risk management services, and ...

Producer

Houston, TX · On-site

Excellent analytical, interpersonal, and communications skills are necessary; customer service ... Our core focus is providing traditional commercial P&C insurance, risk management services, and ...

Risk Specialist

The Woodlands, TX · On-site

$90K/yr

This role plays a critical part in supporting our insurance, claims, and risk management operations ... Generate and analyze loss runs, property schedules, fleet schedules, and other ad hoc reports

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Insurance Risk Analyst information

See Houston, TX salary details

$46.8K

$79.5K

$149K

How much do insurance risk analyst jobs pay per year?

As of Jul 9, 2026, the average yearly pay for insurance risk analyst in Houston, TX is $79,489.00, according to ZipRecruiter salary data. Most workers in this role earn between $62,100.00 and $82,600.00 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.

What are popular job titles related to Insurance Risk Analyst jobs in Houston, TX? For Insurance Risk Analyst jobs in Houston, TX, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Analyst jobs in Houston, TX look for? The top searched job categories for Insurance Risk Analyst jobs in Houston, TX are:
What cities near Houston, TX are hiring for Insurance Risk Analyst jobs? Cities near Houston, TX with the most Insurance Risk Analyst job openings:
Risk Manager

Other

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 18 days ago


Job description

Who We Are

Nexus Water Group is a leading regulated water and wastewater utility serving more than 1.3 million people across 20 U.S. states and 2 Canadian provinces.

"Nexus" means connection. Through the essential water and wastewater services we deliver, we have a very personal connection to the people, businesses, and communities we serve. This is why our operations are locally led and managed. Every day, over 1,300 professionals deliver vital, safe, and reliable service through over 670 water systems and 360 wastewater systems.

What We Offer
  • Paid Time Off: Starting at 3 weeks annually along with 11 company-paid holidays
  • Health and Wellness Benefits: The first day of the month after your start, you'll have access to your health, dental, prescription and vision benefits to help you stay well.   
  • 401(k) Program with Matching Contribution: We offer a 100% match on contributions up to 4% of your salary, plus an additional 3% employer contribution.
  • Grow With Us: Professional development opportunities through training, professional certifications, and education allowance.   
  • Additional Benefits: Other great benefits include company provided life insurance and Employee Assistance Program just to name a few.
  • Employee Resource Groups (ERG): ERGs are voluntary employee groups that form based on shared characteristics or backgrounds and are sponsored by the organization.  
Overview

The Nexus Water Group team has an opportunity for a Risk Manager.  The Risk Manager is responsible for managing the organization's corporate insurance program and supporting enterprise risk mitigation efforts. This role analyzes risk exposures, coordinates insurance renewals, manages claims, and ensures compliance with corporate insurance policies. The Risk Manager collaborates across departments to assess and reduce risk, maintain insurance coverage, and support strategic initiatives including acquisitions and project bonding.

Work Location and Schedule

This position is primarily based in Sugar Land, TX (Houston metropolitan area).

What You'll Do
  • Analyze corporate insurance policies and programs to assess risk exposure and coverage adequacy.
  • Manage insurance renewals, including data collection, application preparation, and underwriting submissions.
  • Monitor receipt and accuracy of insurance binders, policies, and endorsements.
  • Maintain insurance records and ensure safekeeping of original policy documents.
  • Provide timely and accurate responses to internal inquiries regarding insurance programs and premium allocations.
  • Manage insurance claims in partnership with third-party administrators and business units, including eligibility review, tracking, and timely closure.
  • Prepare reports and analysis for underwriting, budgeting, and claim management.
  • Secure project-related bonds as needed.
  • Collaborate with legal, finance, and business units to ensure insurance compliance and support risk mitigation strategies.
  • Participate in due diligence reviews for acquisitions and oversee insurance integration of newly acquired assets into Nexus' insurance program.
  • Stay current with industry trends, regulatory changes, and market risk initiatives.
  • Represent the company in insurance industry and professional associations.
  • Ensure compliance with safety legislation, industry practices, and market requirements.
  • Perform other duties as required. 

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable Accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

What You'll Bring

Knowledge, Skills & Abilities

  • Strong understanding of insurance principles, risk assessment, and claims processes.
  • Familiarity with property, casualty, and liability insurance programs.
  • Proficiency in Microsoft Excel and insurance-related software.
  • Excellent analytical, quantitative, and problem-solving skills.
  • Strong project management and organizational skills.
  • Effective verbal and written communication skills.
  • Ability to manage multiple priorities and meet deadlines.
  • Experience with cross-functional collaboration across legal, finance, and operations.
  • Ability to interpret data and drive operational improvements.
  • Experience in utilities or infrastructure sector preferred. 

Qualifications 

  • Bachelor's degree in Business Administration, Risk Management, Finance, or related field.
  • 4+ years of experience in corporate insurance, risk management, claims administration, or related field.
  • ARM, CPCU, or other relevant insurance certifications preferred. 
 

Our Company

We are a proud Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any characteristic or condition protected by Federal, state, or local law. 

We are an E-Verify participating employer.  Â