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Insurance Risk Analyst Jobs in Washington, DC (NOW HIRING)

System One

Risk Analyst

Vienna, VA · Remote

Job Title: Risk Analyst Location: Vienna, VA - 3 days onsite, 2 days remote Type: Contract ... insurance, voluntary plans, as well as participation in a 401(k) plan. System One is an Equal ...

Aegis Corps, Inc.

Risk Analyst

Washington, DC

Develop risk management strategies and perform policy analysis for new loan insurance programs and changes to underwriting requirements. * Develop, maintain, and validate a credit risk score used by ...

System One

Risk Analyst

Vienna, VA · Remote

Job Title: Risk Analyst Location: Vienna, VA - 3 days onsite, 2 days remote Type: Contract ... insurance, voluntary plans, as well as participation in a 401(k) plan. System One is an Equal ...

System One Holdings, LLC

Risk Analyst

Vienna, VA · On-site

Job Title: Risk Analyst Location: Vienna, VA - 3 days onsite, 2 days remote Type: Contract ... insurance, voluntary plans, as well as participation in a 401(k) plan. System One is an Equal ...

System One

Risk Analyst

Vienna, VA · On-site

Job Title: Risk Analyst Location: Vienna, VA - 3 days onsite, 2 days remote Type: Contract ... insurance, voluntary plans, as well as participation in a 401(k) plan. System One is an Equal ...

System One Holdings, LLC

Risk Analyst

Vienna, VA · On-site

Job Title: Risk Analyst Location: Vienna, VA - 3 days onsite, 2 days remote Type: Contract ... insurance, voluntary plans, as well as participation in a 401(k) plan. System One is an Equal ...

System One

Risk Analyst

Vienna, VA · Remote

Job Title: Risk Analyst Location: Vienna, VA - 3 days onsite, 2 days remote Type: Contract ... insurance, voluntary plans, as well as participation in a 401(k) plan. System One is an Equal ...

Pae

Foreign Investment Risk Analyst

Washington, DC

The Telecommunications Risk Analyst will coordinate with internal DoD stakeholders and DOJ/DHS ... Disability and life insurance * Pet insurance Note: Benefits may vary based on employment type ...

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All JobsInsurance Risk Analyst JobsInsurance Risk Analyst Jobs in Washington, DC

Insurance Risk Analyst information

See Washington, DC salary details

$55.5K

$94.3K

$176.7K

How much do insurance risk analyst jobs pay per year?

As of Jul 1, 2026, the average yearly pay for insurance risk analyst in Washington, DC is $94,274.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,600.00 and $98,000.00 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 Washington, DC? For Insurance Risk Analyst jobs in Washington, DC, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Analyst jobs in Washington, DC look for? The top searched job categories for Insurance Risk Analyst jobs in Washington, DC are:
Insurance Risk Analyst jobs near you
Risk Analyst

Risk Analyst

System One

Vienna, VA • Remote

Contractor

Medical, Dental, Vision, Life, Retirement

Posted 8 days ago

Job description

Job Title: Risk Analyst Location: Vienna, VA - 3 days onsite, 2 days remote Type: Contract Compensation: W-2 negotiable Work Model: Hybrid – onsite and remote Hours: 40 hrs a week Security Clearance: Full background check, criminal - credit - fingerprinting

Responsibilities

  • Support the operation of the risk function by evaluating and analyzing risks of varying complexity.
  • Identify and implement approaches and solutions to mitigate risks.
  • Focus on specific types of risk such as financial or operational risk.
  • Provide advice to management based on risk assessments.
  • Utilize professional qualifications or equivalent experience in risk management.
  • Develop an understanding of business needs and objectives.
  • Solve straightforward problems with some increased scope and complexity.
  • Develop proficiency with procedures and techniques related to risk analysis.

Requirements

  • Professional qualification in risk management or equivalent experience.
  • Ability to analyze and evaluate risks of varying complexity.
  • Proficiency with procedures and techniques related to risk mitigation.
  • Strong communication skills to advise management.
  • Experience supporting risk functions in a professional setting.
  • Ability to develop understanding of business needs and objectives.

System One, and its subsidiaries including Joulé and Mountain Ltd., are leaders in delivering outsourced services and workforce solutions across North America. We help clients get work done more efficiently and economically, without compromising quality. System One not only serves as a valued partner for our clients, but we offer eligible employees health and welfare benefits coverage options including medical, dental, vision, spending accounts, life insurance, voluntary plans, as well as participation in a 401(k) plan.

System One is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, age, national origin, disability, family care or medical leave status, genetic information, veteran status, marital status, or any other characteristic protected by applicable federal, state, or local law.

#M1 #LI-CB3 Ref: #851-Rockville-S1

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