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Insurance Risk Engineer Jobs in Colorado (NOW HIRING)

Market Risk Reporting Analyst

Denver, CO · On-site

$73K - $104K/yr

Bachelor's degree in Finance, Economics, Mathematics, Engineering, Statistics, Energy Management ... Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care ...

Market Risk Reporting Analyst

Denver, CO · On-site

$73K - $104K/yr

Bachelor's degree in Finance, Economics, Mathematics, Engineering, Statistics, Energy Management ... Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care ...

Market Risk Reporting Analyst

Denver, CO · On-site

$73K - $104K/yr

Bachelor's degree in Finance, Economics, Mathematics, Engineering, Statistics, Energy Management ... Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care ...

E3 primarily provides independent engineering and advisory services for energy, industrial, and ... Evaluate claims histories, risk profiles, and coverage gaps for high-value energy, infrastructure ...

E3 primarily provides independent engineering and advisory services for energy, industrial, and ... Evaluate claims histories, risk profiles, and coverage gaps for high-value energy, infrastructure ...

... including insurance/risk management, finance, real estate, and supply chain • Contribute to ... engineering firm • Experience handling construction disputes, including claims development ...

Manage risk management processes and methods for identifying and adjudicating program risk; Conduct ... Medical insurance * Dental insurance * Vision insurance * Life and AD&D insurance * Company paid ...

Manage risk management processes and methods for identifying and adjudicating program risk; Conduct ... Medical insurance * Dental insurance * Vision insurance * Life and AD&D insurance * Company paid ...

Systems Engineer

Boulder, CO · On-site

$120 - $145/hr

Risk Management & Technical Planning * Identify, quantify, and track technical risks, opportunities ... insurance for our employees and their dependents.Additionally, unlimited paid time off, 401K ...

Systems Engineer

Fort Collins, CO · On-site

$120 - $145/hr

Risk Management & Technical Planning * Identify, quantify, and track technical risks, opportunities ... insurance for our employees and their dependents.Additionally, unlimited paid time off, 401K ...

Systems Engineer

Boulder, CO · On-site

$120K - $145K/yr

Risk Management & Technical Planning * Identify, quantify, and track technical risks, opportunities ... insurance for our employees and their dependents. Additionally, unlimited paid time off, 401K ...

Showing results 21-40

Insurance Risk Engineer information

See Colorado salary details

$41K

$107K

$144.6K

How much do insurance risk engineer jobs pay per year?

As of Sep 6, 2026, the average yearly pay for insurance risk engineer in Colorado is $106,994.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,300.00 and $122,500.00 per year, depending on experience, location, and employer.

What does an insurance risk engineer do?

An Insurance Risk Engineer assesses potential risks associated with a business or property to help insurers make informed underwriting decisions. They analyze safety protocols, operational procedures, and structural conditions to identify hazards and recommend risk mitigation strategies. Their goal is to minimize potential losses for both the insurer and the policyholder by implementing effective preventive measures. Risk engineers often conduct site inspections, review compliance with industry regulations, and provide detailed reports to underwriters. This role requires a strong understanding of engineering principles, risk assessment methodologies, and industry-specific safety standards.

What are the key skills and qualifications needed to thrive as an insurance risk engineer?

To thrive as an Insurance Risk Engineer, you need a solid background in engineering or a related technical field, strong analytical abilities, and in-depth knowledge of risk assessment methodologies. Familiarity with risk modeling software, industry safety codes, and certifications such as CFPS (Certified Fire Protection Specialist) or ARM (Associate in Risk Management) is highly valued. Exceptional communication, problem-solving skills, and attention to detail are key soft skills for effectively interacting with clients and translating complex technical findings. These competencies ensure accurate risk evaluations, support underwriters, and help mitigate losses, ultimately protecting both insurers and their clients.

What are popular job titles related to Insurance Risk Engineer jobs in Colorado?

For Insurance Risk Engineer jobs in Colorado, the most frequently searched job titles are:

What job categories do people searching Insurance Risk Engineer jobs in Colorado look for?

The top searched job categories for Insurance Risk Engineer jobs in Colorado are:

Infographic showing various Insurance Risk Engineer job openings in Colorado as of August 2026, with employment types broken down into 1% As Needed, 71% Full Time, 24% Part Time, and 4% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $106,994 per year, or $51.4 per hour.

Market Risk Reporting Analyst

Xcel Energy

Denver, CO • On-site

$73K - $104K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired 3 days ago. Applications are no longer accepted.


Xcel Energy rating

8.3

Company rating: 8.3 out of 10

Based on 90 frontline employees who took The Breakroom Quiz

22nd of 53 rated energy and utility


Job description

Denver, Colorado, 80205, United States of America
Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you're looking for.
Market Risk Reporting Analyst
Position Summary
The Market Risk Analyst is responsible for identifying, measuring, monitoring, and communicating the risks associated with energy trading and commercial portfolios. This role provides independent oversight of physical and financial commodity positions through risk measurement, valuation review, stress testing, and portfolio analysis. The analyst will partner with Trading, Commercial Operations, Valuation, Accounting, and Credit Risk teams to ensure risks are understood, quantified, and managed within approved limits.
The ideal candidate combines strong analytical skills with the ability to communicate complex risk concepts to a broad range of stakeholders and provide actionable insights that support sound business decisions.
Essential Responsibilities
  • Monitor and analyze daily market risk exposures across physical and financial commodity portfolios.
  • Perform portfolio risk measurement and reporting, including VaR, stress testing, scenario analysis, and other key risk metrics.
  • Assess the risk profile of new transactions, structured deals, and hedging strategies.
  • Investigate unusual P&L movements and explain portfolio performance drivers.
  • Support independent valuation reviews and pricing validation of commodity transactions.
  • Prepare daily, weekly, and monthly risk reports for management and leadership.
  • Identify emerging risks and recommend mitigation strategies.
  • Partner with Trading, Commercial Operations, Accounting, and Valuation teams to improve transparency and risk management practices.
  • Develop and enhance quantitative models, reporting tools, and automated processes.
  • Participate in risk committee, governance, and audit-related activities.
  • Assist with ETRM implementations, reporting enhancements, and other strategic initiatives.
  • Manage the end-to-end trade confirmation process for physical and financial commodity transactions, including confirmation generation, validation, discrepancy resolution, and timely execution with counterparties.
  • Identify opportunities to improve and automate trade confirmation workflows, enhance operational controls, and develop reporting to monitor confirmation status, aging, and process performance.

Minimum Qualifications
  • Bachelor's degree in Finance, Economics, Mathematics, Engineering, Statistics, Energy Management, or related field.
  • 2-5 years of experience in market risk, trading risk, quantitative analysis, energy markets, or related functions.
  • Knowledge of commodity markets, risk measurement techniques, and portfolio analytics.
  • Experience with VaR, stress testing, scenario analysis, and market risk reporting.
  • Strong analytical and problem-solving skills.
  • Advanced Excel skills.
  • Experience working with large datasets and reporting tools.
  • Strong written and verbal communication skills with the ability to present findings to both technical and non-technical audiences.

Preferred Qualifications
  • Experience in power, natural gas, environmental, or energy trading markets.
  • Knowledge of valuation methodologies and derivative products.
  • Experience with SQL, Python, Power BI, Tableau, or similar analytical tools.
  • Familiarity with ETRM systems
  • Understanding of hedging strategies and portfolio optimization concepts.

As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you're ready to be a part of something big, we invite you to join our team.
All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Individuals with a disability who need an accommodation to apply please contact us at recruiting@xcelenergy.com .
Non-Bargaining
The anticipated starting base pay for this position is: $73,700.00 to $104,633.00 per year
This position is eligible for the following benefits: Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care Reimbursement Account, Health Care Reimbursement Account, Health Savings Account (HSA) (if enrolled in eligible health plan), Limited-Purpose FSA (if enrolled in eligible health plan and HSA), Transportation Reimbursement Account, Short-term disability (STD), Long-term disability (LTD), Employee Assistance Program (EAP), Fitness Center Reimbursement (if enrolled in eligible health plan), Tuition reimbursement, Transit programs, Employee recognition program, Pension, 401(k) plan, Paid time off (PTO), Holidays, Volunteer Paid Time Off (VPTO), Parental Leave
Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part.
In any materials you submit, you may redact or remove age-identifying information including but not limited to dates of school attendance and graduation. You will not be penalized for redacting or removing this information.
Deadline to Apply: 09/02/26
EEO is the Law | EEO is the Law Supplement | Pay Transparency Nondiscrimination | Equal Opportunity Policy (PDF) | Employee Rights (PDF)
All Xcel Energy employees and contractors share responsibility for protecting the company's information and systems by adhering to cybersecurity policies, standards, and best practices, recognizing that cybersecurity is everyone's responsibility.
ACCESSIBILITY STATEMENT
Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at recruiting@xcelenergy.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.

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About Xcel Energy

Sourced by ZipRecruiter

Xcel Energy is a prominent electricity and natural gas service provider serving multiple states in the United States, including Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. Our commitment revolves around delivering essential services to our valued customers. As a trailblazer in the industry, we were the first major US electricity provider with a visionary goal to achieve 100% carbon-free electricity by 2050 and an ambitious 80% reduction in carbon emissions by 2030, based on 2005 levels. Through innovative electric vehicle initiatives, we actively contribute to carbon reduction not only in our electricity generation but also in the transportation sector within the states we operate. Simultaneously, we remain devoted to ensuring cost-effectiveness for our customers by implementing advanced electricity rates and energy efficiency programs.

Industry

Utilities

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1909