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Insurance Risk Analyst Jobs in Seattle, WA (NOW HIRING)

Enterprise Risk Manager

Seattle, WA · On-site +1

$90K - $102K/yr

... Analysis, Grants, Contracts, & Compliance, and PACT (People and Culture Team). This exempt ... Administer enterprise insurance programs, state registrations, and charitable registrations ...

Enterprise Risk Manager

Seattle, WA · Remote

$90K - $102K/yr

... Analysis, Grants, Contracts, & Compliance, and PACT (People and Culture Team). This exempt ... Administer enterprise insurance programs, state registrations, and charitable registrations ...

Senior Asset Manager

Seattle, WA · On-site

$160K - $185K/yr

Risk Management & Governance * Partner with Insurance/Risk team on claims trends and loss ... Market & Strategic Analysis * Monitor submarket fundamentals including: * Supply pipeline * Rent ...

... risk, insurance strategy, legal risk, or related leadership roles. * Demonstrated experience ... Strong analytical skills with ability to ensure plans and action meet the enterprise goals.

... risk, insurance strategy, legal risk, or related leadership roles. * Demonstrated experience ... Strong analytical skills with ability to ensure plans and action meet the enterprise goals.

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Showing results 1-20

Insurance Risk Analyst information

See Seattle, WA salary details

$55.8K

$94.7K

$177.5K

How much do insurance risk analyst jobs pay per year?

As of May 31, 2026, the average yearly pay for insurance risk analyst in Seattle, WA is $94,726.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,000.00 and $98,400.00 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 job categories do people searching Insurance Risk Analyst jobs in Seattle, WA look for? The top searched job categories for Insurance Risk Analyst jobs in Seattle, WA are:
Infographic showing various Insurance Risk Analyst job openings in Seattle, WA as of May 2026, with employment types broken down into 67% Full Time, and 33% Part Time. Highlights an 100% In-person job distribution, with an average salary of $94,726 per year, or $45.5 per hour.
Associate Manager, Operational Risk

Associate Manager, Operational Risk

Russell Investments

Seattle, WA

$90K - $115K/yr

Full-time

Medical, Retirement, PTO

Posted 2 days ago


Job description

Salary Range:$90,000 USD - $115,000 USD

Specific compensation will be based on candidate's experience, skills, qualifications,commercial considerations, and other job-related factors permitted by law. At RussellInvestments, salary is just one part of our compensation package. Our total rewardsapproach includes an annual performance bonus (subject to eligibility criteria) in addition toparticipation in our competitive benefits programs including healthcare, retirement, vacation,and wellbeing programs.


Job Description:

Every day, weseekto improve financial security for people.

As part of our continued efforts to enhance risk management practices, we areseekinga dynamic and detail-orientedAssociate Manager,OperationalRiskwith robust project management capabilities to join ourOperational Risk Managementteam.

As a member of the Operational Risk team,you'llbe part of a collaborative and purpose-driven group that values integrity, innovation, and impact. This role blends core risk management responsibilities with hands-on project leadership, offering a unique opportunity to shape and strengthen our operational resilience.

Responsibilities

  • Conduct andfacilitateoperational risk activities, including risk assessments, control documentation and testing, event analysis, and remediation tracking.

  • Lead and coordinate cross-functional projects, ensuringtimelydelivery of risk initiatives through effective planning, execution, and stakeholder engagement.

  • Developandmaintainproject plans, including scope definition, milestone tracking, and status reporting.

  • Producetimelyandaccurateoperational risk reports for internal and external stakeholders on both scheduled and ad hoc bases.

  • Facilitatethe SOC1 audit engagement and oversightas well as the quarterly bridge letter process.

  • Support the Russell Investments corporate insurance program.

  • Monitor changes to RI's business and risk profile and recommend changes to RI's global insurance program asappropriate.

  • Develop and implement risk management program policies and procedures.

Demonstrable skills and experiencesrequired:

  • Bachelor's degree in Business Management, Finance, Accounting,ora relateddiscipline.

  • 5-8years of experiencewith exposure to operational riskand/orinternal/external audit.

  • Financial services orasset managementexperiencepreferred but not necessary.

Skills & Competencies

  • Proven ability to execute and deliver high-quality results in a fast-paced environment with competing priorities and deadlines.

  • Demonstrated success managing complex, cross-functional projects end to end (initiation through delivery), ideally within a risk, audit, or compliance environment.

  • Proven effective communication skills, negotiation techniques, and the ability to influence stakeholders at all levels of the organization.

  • History ofdemonstratinginitiative, effective prioritization, and sound judgement.

  • Highly organized with the ability to manage multiple priorities whilemaintainingattention to detail and strategic context

  • Excellent written and verbal communication and interpersonal skills, with the ability to influence, build consensus, and collaborate effectively across all levels of the organization.

  • Analytical mindset with strong problem-solving skills, sound judgment, and the ability to translate data and insights into clear, actionable recommendations.

  • Proactive, self-drivenapproach to prioritization, multitasking, and continuous improvement

  • Strong collaboration skills with the ability to work both independently and as part of a team

  • Familiarity with GRC platforms such as MetricStream is a plus.

This role is not eligible for employment-based immigration sponsorship. Applicants must be legally authorized to work in the United States without employer sponsorship, now or in the future.

Equal Employment Opportunity

Russell Investmentsis committed to providing equal employment opportunities for all associates and employment applicants regardless of race, religion, ancestry, creed, color, gender (including gender identity which refers to a person's actual or perceived sex, and includes self-image, appearance, behavior or expression, whether or not different from that traditionally associated with a person's biological sex), age, national origin, citizenship status, disability, medical condition, military status, veteran status, marital status, sexual orientation, past or present unemployment status , or any other characteristic protected by law.