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

Overview The Compliance and Risk Analyst assists the IT Program Manager in the registration of all ... Our package also includes: • Medical, Dental & Vision Insurance • Flexible Spending Accounts ...

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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 2, 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.

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:

Risk & Wellness Services Analyst

Prince William County, VA

VA • On-site

$65K - $92K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 10 days ago


Job description

Salary: $65,910.00 - $92,907.75 Annually
Location : Prince William County, VA
Job Type: Full-Time (FT)
Job Number: 202610638
Department: FINANCE
Division: RISK MANAGEMENT
Opening Date: 06/22/2026
Closing Date: 7/6/2026 11:59 PM Eastern
GRADE: C41
Hiring Salary: $70,921.50 - $92,907.75 Annually
Introduction
Prince William County's Division of Risk & Wellness Services is seeking a motivated administrative professional to join the dynamic team to provide support for risk and wellness programming and general administrative functions. This new full-time position is ideal for someone who is detail-oriented, highly motivated, and enjoys working in a fast-paced environment. This position will manage and support multiple programs that serve the Prince William County workforce and community.
This person must be dedicated to providing the highest level of service to employees and citizens and work in a division where teamwork is an essential function. This position will be essential in continuing to develop positive relationships to ensure a reputation as a trusted partner with internal stakeholders. The office is located in Woodbridge.
About This Role:
As the Business Services Analyst, you will play a vital role within the team, supporting a range of responsibilities, including, but not limited to:
• Administration, management, and execution of the County's driver program, which includes overseeing over 7,000 drivers
• Administration of the County's Learning Management System (LMS) for training provided by Risk & Wellness. This shall include managing the library of online training programs, identifying LMS system issues and reporting to the designated technical staff, and monitoring their resolution. Managing training content, generating reports, and providing analytics to track participation and progress.
• Provides technical support for insurance programs, projects, and other risk programs, including assisting with insurance and renewals, maintaining the County's property list, interpreting financial and/or operational data, analyzing results, and making recommendations for improvements.
• Provide support at educational presentation development and outreach events.
Minimum Requirements:
High School diploma or G.E.D. with 4 years of professional administrative support experience
Preferences:
  • Exceptional organizational and interpersonal skills, with a demonstrated ability to build effective working relationships across all levels of an organization.
  • Proven ability to manage competing priorities and multitask effectively, ensuring timely and accurate completion of assignments in fast-paced environments.
  • Skilled in administering, managing, and executing diverse programs, ensuring full compliance with organizational policies, procedures, and applicable regulations and requirements.
  • Experienced in database management and Learning Management Systems (LMS), with a strong ability to maintain data integrity and support learning initiatives.
  • Supports program integrity through routine auditing activities, evaluating operational processes and participant records against established standards, and collaborating with leadership to address findings and implement improvements.
  • Proficient in SharePoint, Office 365 - including Word, Excel, and Outlook - as well as Adobe products, leveraging these tools to streamline workflows and enhance productivity.
  • Excellent verbal and written communication skills, with demonstrated proficiency in composing clear, professional correspondence, reports, and presentations tailored to diverse audiences.
  • Exercises a high degree of discretion and professionalism, with a proven track record of handling sensitive and confidential information with integrity, sound judgment, and strict adherence to privacy standards.

Special Requirements:
Valid Driver's License
Ability to pass a DMV Records Check
Work Schedule:
This is a 37.5-hour position. Work is generally between 8:00 a.m. and 5:00 p.m., Monday-Friday.
Hiring Salary Range: $70,921.50 - $92,907.75 Annually
We also offer great benefits, including:
  • Retirement from the Virginia Retirement System (VRS)
  • 401a and 457 retirement savings and investment plans
  • Paid Annual Leave
  • Paid Personal Leave
  • Paid Sick Leave
  • Paid Holidays
  • Optional Group Medical and Dental Health Plans
  • Optional Group Life Insurance
  • Employee Assistance Program (EAP)
  • Career Development Opportunities

Full-time positions with Prince William County Government qualify for Public Service Loan Forgiveness. Click here for additional information.
NOTE: The above position description is intended to represent only the key areas of responsibility; specific position assignments will vary depending on the department's business needs. To view the class description in its entirety,
Prince William County is an Equal Opportunity Employer. In compliance with the Americans with Disabilities Act, the County will provide reasonable accommodations to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.
SEE YOURSELF HERE!
Prince William County Government offers medical plans with corresponding pharmacy and basic vision coverage, as well as dental plans and a separate vision plan.
Full-time and part-time Prince William County Government employees are eligible to participate in our plans; however, the level and cost of benefits depends on the classification of the position.
The following positions do not accrue leave and are not eligible for holidays or other fringe benefits:
  • Temporary
  • Provisional
  • Seasonal employees
Click on the link below to explore our plans and rates.
01
By submitting this application, I understand the following: 1). Only the information provided on my application is used to determine my qualifications; 2) My resume will not substitute for the education, work experience, and required fields on the County application; 3). Only responses to Supplemental Questions that can be verified in my submitted education and work experience will be credited and 4). If selected, my employment dates will be verified for the past three (3) years (if applicable), with a required reference from my current or most recent employer.
  • Yes, I acknowledge and understand the above statement and wish to continue in this process.
  • No, I do not wish to proceed any further in this process.

02
This position requires a high school diploma or equivalent. Please select one of the choices below that best represents your highest level of completed education.
  • Bachelors Degree or higher
  • Associates Degree
  • High School Diploma with college-level coursework
  • High School/GED
  • None of the above

03
Please indicate the number of years of experience you have in professional administrative support.
  • More than 10 years of experience
  • 7-9 years of experience
  • 4-6 years of experience
  • Less than 4 years of experience

04
Please indicate if you possess job experience in the following areas (check all that apply):
  • Learning Management System Administration
  • Risk Management/Insurance Administrative Support
  • Driver Program Administration
  • Outreach/Education Support
  • Budget Oversight and Administration
  • Policy Interpretation
  • Presentation Development

05
Please select the Software applications and systems with which you are proficient (check all that apply):
  • One Drive
  • Share Point
  • Word
  • Excel
  • Outlook
  • PowerPoint
  • Teams

06
Which of the following best describes your experience managing large datasets or databases?
  • I have extensive experience managing large databases and interpreting complex datasets, including hands-on administration of a Learning Management System (LMS).
  • I have extensive experience managing large databases and interpreting complex datasets, but have not worked with a Learning Management System (LMS).
  • I have some experience managing databases or datasets in a professional setting.
  • I have no experience managing databases or datasets.

07
Which of the following best describes your experience using data reporting or analytics to track program performance or support decision-making?
  • I have independently compiled program performance data, generated reports, and presented findings to support organizational decision-making.
  • I have independently compiled and organized data into reports but had limited involvement in presenting findings or supporting decision-making.
  • I have assisted others in compiling program performance data into reports used to support decision-making
  • I have no experience with data reporting or analytics.

08
Which of the following best describes your level of experience with program or compliance auditing?
  • I have conducted audits against policy and program requirements and independently compiled final audit results and recommendations.
  • I have conducted audits following a defined process, but did not compile or deliver the final report.
  • I have assisted others with conducting audits in a support capacity.
  • I have no experience with auditing.

09
Do you have a valid driver's license?
  • Yes
  • No

Required Question