ZipRecruiter

Log In

1

Insurance Risk Analyst Jobs in Orlando, FL (NOW HIRING)

next page

Showing results 1-20

All JobsInsurance Risk Analyst JobsInsurance Risk Analyst Jobs in Orlando, FL

Insurance Risk Analyst information

See Orlando, FL salary details

$45.7K

$77.7K

$145.6K

How much do insurance risk analyst jobs pay per year?

As of Jul 15, 2026, the average yearly pay for insurance risk analyst in Orlando, FL is $77,703.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,700.00 and $80,700.00 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 Orlando, FL? For Insurance Risk Analyst jobs in Orlando, FL, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Analyst jobs in Orlando, FL look for? The top searched job categories for Insurance Risk Analyst jobs in Orlando, FL are:
Insurance Risk Analyst jobs near you
Entry Level-Insurance Risk Management Consultant

Entry Level-Insurance Risk Management Consultant

Foundation Risk Partners

Clermont, FL

Other

Re-posted 9 days ago

Foundation Risk Partners rating

8.5

Company rating: 8.5 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

90th of 281 rated insurance

Job description

Foundation Risk Partners, one of the fastest growing insurance brokerage and consulting firms in the US, is adding to their team a Risk Management Consultant to their Insurance Consulting & Risk Advisory team.  This role requires a highimpact, clientfacing professional capable of leading complex assignments, synthesizing technical detail into strategic insight, and advising senior stakeholders on enterprise and transactional risk issues.

Key Responsibilities

  • Identify, evaluate, and analyze operational, contractual, and thirdparty risk exposures arising from client business activities, vendors, service providers, and customers.
  • Strategically manage enterprisewide insurance and risk program renewals, including broker oversight, coverage optimization, cost reduction initiatives, and market negotiations.
  • Collaborate with and direct external advisors including brokers, underwriters, claims professionals, TPAs, legal counsel, and specialty consultants.
  • Review contracts, leases, vendor agreements, and licensing arrangements to ensure compliance with established insurance and risk management requirements.
  • Evaluate and negotiate insurance pricing, program structures, deductibles, limits, policy wording, and service agreements; prepare costbenefit analyses of program alternatives.
  • Analyze loss data and prepare monthly reserve accruals and reporting for finance, risk, and safety teams.
  • Partner with legal, HR, audit, and claims teams to establish settlement strategies and support complex claims decisionmaking.
  • Research emerging and bestinclass risk management trends, providing strategic recommendations related to insurance purchasing, program design, loss control, safety, and claims management.

Qualifications & Experience

  • Bachelor's degree in Risk Management, Insurance, or related field
  • Strong analytical and problem-solving skills 
  • Internship or coursework related to insurance, risk management, or consulting
  • Florida 2-20 license, or ability to obtain
  • Professional certifications preferred: ARM, CPCU, CRM, FRM, RF.

What Foundation Risk Partners employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply