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Insurance Risk Analyst Jobs (NOW HIRING)

Cotton Holdings

Risk Analyst

Houston, TX · On-site

Insurance Contract Review : Evaluate contract language to ensure adherence to Cotton insurance standards. * Claims and Risk Analysis : Support claims management and risk analysis projects to identify ...

The Hankey Group

Risk Analyst

Los Angeles, CA

$65K - $75K/yr

Knight Insurance Group is a leading insurance carrier seeking a Risk Analyst to join our team in Los Angeles. The Risk & Data team are looking for an individual who demonstrates attention to detail ...

Cotton Holdings

Risk Analyst

Houston, TX

Insurance Contract Review : Evaluate contract language to ensure adherence to Cotton insurance standards. * Claims and Risk Analysis : Support claims management and risk analysis projects to identify ...

Fisher Industries

Insurance Risk Manager

Dickinson, ND · On-site

This role focuses on identifying, analyzing, and mitigating risk exposure across operations while ensuring adequate and cost-effective insurance coverage. The position also oversees subcontractor and ...

Cotton Holdings

Risk Analyst

Houston, TX

$55K - $65K/yr

Insurance Contract Review : Evaluate contract language to ensure adherence to Cotton insurance standards. * Claims and Risk Analysis : Support claims management and risk analysis projects to identify ...

Hankey Group External

Risk Analyst

Los Angeles, CA · On-site

$65K - $75K/yr

Knight Insurance Group is a leading insurance carrier seeking a Risk Analyst to join our team in Los Angeles. The Risk & Data team are looking for an individual who demonstrates attention to detail ...

HR4Me

Risk Analyst

Cincinnati, OH · On-site

Coordinate with brokers on insurance placements (GL, WC, Auto, Builders Risk, Professional Liability, OCIP/CCIP) * Analyze loss runs, claims history, and deductible exposure * Support claims ...

Brookfield

Risk Analyst

Omaha, NE · On-site

Argo and Farm Family partner with agents and brokers to provide insurance solutions that enable businesses to manage risks with confidence. The Enterprise Risk Analyst supports the development ...

Fisher Industries

Insurance Risk Manager

Dickinson, ND · On-site

This role focuses on identifying, analyzing, and mitigating risk exposure across operations while ensuring adequate and cost-effective insurance coverage. The position also oversees subcontractor and ...

Origis Energy

Insurance Risk Manager

Austin, TX · On-site

The Insurance Risk Manager acts as internal subject matter expert and will provide solutions to grow the business to include analyzing insurance needs by identifying risk exposures and analyzing and ...

Talcott Financial Group

Risk Analyst

Hartford, CT · On-site

$70K - $90K/yr

... insurance risks. We produce actionable, data-driven risk insights This team is composed of ... The Risk Analyst will cultivate a strong understanding of underlying data, methodologies, and risk ...

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Insurance Risk Analyst information

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$49K

$83.2K

$156K

How much do insurance risk analyst jobs pay per year?

As of Jul 22, 2026, the average yearly pay for insurance risk analyst in the United States is $83,237.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,000.00 and $86,500.00 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 cities are hiring for Insurance Risk Analyst jobs? Cities with the most Insurance Risk Analyst job openings:
Who are the top companies hiring for Insurance Risk Analyst jobs? The top employers for Insurance Risk Analyst jobs are:
What states have the most Insurance Risk Analyst jobs? States with the most job openings for Insurance Risk Analyst jobs include:
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What are popular job titles related to Insurance Risk Analyst jobs? For Insurance Risk Analyst jobs, the most frequently searched job titles are:
Insurance Risk Analyst jobs near you
Infographic showing various Insurance Risk Analyst job openings in the United States as of July 2026, with employment types broken down into 4% Locum Tenens, 85% Full Time, 6% Part Time, 1% Temporary, and 4% Contract. Highlights an 83% Physical, 7% Hybrid, and 10% Remote job distribution, with an average salary of $83,237 per year, or $40 per hour.
Insurance Risk Manager

Insurance Risk Manager

American International Group, Inc.

New York, NY • On-site

Full-time

This job post has expired 2 days ago. Applications are no longer accepted.

Job description

Overview
AIG Inc.'s Corporate Insurance Department is responsible for mitigating the Company's operating exposures by maintaining insurance programs and bonds to manage risk at acceptable levels. The Insurance Risk Manager works closely with AIG's business units internally and externally with brokers, vendors and nonaffiliated insurance companies to transfer the risk of loss by purchasing insurance with an objective to maintain expenses, including the retained loss costs, at reasonable levels and in line with the Company's risk appetite.
Corporate Insurance Department also delivers evidence of insurance, advice and consultation on specific insurance programs, evaluation of risk with mapping to insurance and claims management. AIG's business units are customers and stakeholders that we serve.
Summary of Responsibilities:
  • Analyze and assess the impact of risks of loss arising out of AIG's business operations
  • Stay abreast of Company's business and operational changes impacting the insurance risk
  • Assist with coordination, and negotiation of insurance placements for AIG, subsidiaries and affiliates as assigned. Review invoices, binders and policies for accuracy
  • Proactively lead AIG's U S Casualty large deductible structured insurance program which includes oversight of monthly, quarterly and annual transactions; deductible liability analysis quarterly and annually with actuary and Global Head of Corporate Insurance and communication with financial reporting
  • Prepare insurance risk reports: Casualty insurance loss runs with analysis, track changes in Company's exposure impacting ins rate; profit & loss statements, and insurance expense budget estimates with appropriate support
  • Deliver presentations for internal and external audiences on AIG's corporate insurance programs, operations, and risk management programs
  • Review AIG service provider/vendor, special events and real estate contracts to assess the operational risks and advise on the appropriate amount and type of insurance recommended. Provide insurance guidance in line with indemnity and hold harmless sections or the contract
  • Review COI and/or policies if needed to assist Company's business unit
  • Communicate and manage a smooth insurance transition to AIG's corporate insurance programs on mergers and acquisitions and off AIG's corporate programs on divestitures
  • Annually assess controls in place for managing risks arising out of Corporate Insurance department's operations and processes. Develop and propose solutions to address accordingly to AIG's Global Head of Corporate Insurance
  • Uphold and adhere to AIG, Inc.'s corporate policies. This includes but is not limited to Records, Information and Management Policy with standards, Insurance Purchasing Policy with standards, and Auto Vehicle Use Policy

Job Requirements:
  • Bachelor's Degree in Risk Management, Finance, or related quantitative field of study
  • Must have 5+ or more years work experience in Property & Casualty insurance industry - functioning as insurance risk manager, underwriter, claims analyst, insurance broker, or insurance consultant
  • Comprehensive working knowledge of insurance coverage in Property & Casualty and Financial lines
  • Ability to work both independently with little supervision as well as work in a team dynamic
  • Proficiency in the following skills: analytical, organization, prioritization, decision making, negotiation, interpersonal, influence without authority, advocacy, and business communication
  • Must be completely proficient with Excel
  • Ability to develop, cultivate, and maintain excellent relationships within, and external to, the Company

The base salary range for this position is $130,000-$160,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Your actual compensation will be dependent on your skills, experience, and qualifications. In addition, we're proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview."
At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
Enjoy benefits that take care of what matters
At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security-as well as your professional development-to bring peace of mind to you and your family.
Reimagining insurance to make a bigger difference to the world
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. It is an exciting time to join us - across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of inclusion
We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG's greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.
Functional Area:
RK - Risk
AIG Employee Services, Inc.
AIG logo

About AIG

Sourced by ZipRecruiter

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Industry

Insurance services

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1919

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