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Insurance Risk Engineer Jobs in New Jersey (NOW HIRING)

The Mutual Group

Sr. Risk Control Consultant

Trenton, NJ · On-site

$98K - $120K/yr

Bachelor's degree in risk management, safety, engineering, insurance, or a related field preferred; equivalent experience considered. * 5+ years of experience in loss control, safety consulting ...

Arcadis

Senior Risk Manager

East Windsor, NJ · On-site

$121K - $1M/yr

Arcadis is the world's leading company delivering sustainable design, engineering, and consultancy ... These benefits include medical, dental, and vision, EAP, 401K, STD, LTD, AD&D, life insurance, paid ...

Legend Biotech US

Risk Assessment Specialist

Raritan, NJ · On-site

$81K/yr

... Engineering, and R&D teams; analyze data from risk assessments and validation studies, identify ... Medical, dental, and vision insurance as well as a 401(k) retirement plan with a company match that ...

Legend Biotech USA, Inc.

$81K/yr

... Engineering, and R&D teams; analyze data from risk assessments and validation studies, identify ... Medical, dental, and vision insurance as well as a 401(k) retirement plan with a company match that ...

Diedre Moire Corp.

Insurance Underwriter

Cherry Hill, NJ · On-site +1

$100K - $300K/yr

... underwriting and risk engineering. • Underwrite unique special risks for small to medium ... Insurance Underwriter Specialty Program Excess Surplus Commercial Lines Program Underwriter ...

KBR

The Chief Engineer advises program leadership on technical risk, engineering tradeoffs, and ... life insurance, AD&D, flexible spending account, disability, paid time off, or flexible work ...

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All JobsInsurance Risk Engineer JobsInsurance Risk Engineer Jobs in New Jersey

Insurance Risk Engineer information

See New Jersey salary details

$39.6K

$103.3K

$139.6K

How much do insurance risk engineer jobs pay per year?

As of Jun 8, 2026, the average yearly pay for insurance risk engineer in New Jersey is $103,303.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,300.00 and $118,300.00 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 typical daily responsibilities of an Insurance Risk Engineer?

Insurance Risk Engineers commonly spend their days conducting on-site risk assessments of commercial and industrial properties, analyzing data to identify potential hazards, and preparing detailed risk evaluation reports for underwriters and clients. They often meet with property managers, safety officers, and other stakeholders to discuss best practices and recommend loss prevention measures. The role may involve occasional travel to client locations and close collaboration with underwriting and claims teams. This dynamic work environment enables continuous learning and opportunities to make tangible impacts on risk management outcomes.

What are the 4 types of risk insurance?

In the insurance industry, the four main types of risk insurance are property insurance, liability insurance, health insurance, and life insurance. Insurance risk engineers often evaluate these categories to assess potential exposures and develop risk mitigation strategies for clients across various sectors.

What are the key skills and qualifications needed to thrive in the Insurance Risk Engineer position, and why are they important?

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 New Jersey? For Insurance Risk Engineer jobs in New Jersey, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Engineer jobs in New Jersey look for? The top searched job categories for Insurance Risk Engineer jobs in New Jersey are:
Insurance Risk Engineer jobs near you
Infographic showing various Insurance Risk Engineer job openings in New Jersey as of May 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $103,303 per year, or $49.7 per hour.
Probabilistic Risk Engineer II

Probabilistic Risk Engineer II

Holtec International

Camden, NJ • On-site

$110K - $130K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 20 days ago

Holtec International rating

8.0

Company rating: 8.0 out of 10

Based on 16 frontline employees who took The Breakroom Quiz

139th of 417 rated machine equipment manufacturers

Job description

Holtec International seeks qualified applicants in its Probabilistic Safety Analysis (PSA) discipline. The PSA Engineer II will join a multidisciplinary team of engineers engaged in designing Holtec's flagship nuclear reactor SMR-300 managed by SMR, LLC, which is a subsidiary of Holtec International. Holtec International a global turnkey supplier of equipment and systems for nuclear, solar, geothermal, and fossil power generation sectors of the energy industry.
Primary Responsibilities:
  • Develop and maintain PRA logic models and/or supporting thermal-hydraulic analyses used to quantify risk and support design and licensing activities.
  • Develop Level 1 and Level 2 PRA models for internal and external events during full power and low power / shutdown operating modes.
    • Thermal-hydraulic analysis specialization: support RELAP5-3D and MELCOR modeling to simulate core and containment response for severe accident scenarios that inform PRA quantifications.
    • Logic modeling specialization: support development of event trees and fault trees used to quantify key design risk metrics including core damage frequency (CDF) and large release frequency (LRF).
  • Support PSA model maintenance and updates that occur periodically as the SMR-300 design matures
  • Use PSA results to support implementation of risk-informed programs; for example, Regulatory Treatment of Non-Safety Systems (RTNSS), Design Reliability Assurance Program (D-RAP), 10 CFR 50.69 risk-informed categorization and treatment of SSCs.
  • Interface with the design team to communicate and implement PSA insights
  • Ensure consistency and quality of all PSA deliverables

Requirements:
  • B.S degree in nuclear engineering, mechanical engineering, or closely related field from an accredited college or university
  • Familiarity with thermal-hydraulic behavior of light water reactors (LWRs)
  • Proficiency with one or more industry codes such as CAFTA, SAPHIRE, RiskSpectrum, RELAP5-3D, or MELCOR
  • 4-6 years of experience in probabilistic risk assessment and/or thermal-hydraulic safety analysis for nuclear facilities
  • Familiarity with ASME/ANS PRA Standards and NRC or IAEA risk guidance
  • Ability to interpret results and communicate risk insights clearly to technical audiences
  • Excellent technical writing, interpersonal, and communication skills
  • Eligible to work under 10 CFR Part 810

A Generation Ahead by Design™
Investing in people who power the future.
We believe great work deserves great rewards. Our benefits go beyond the basics, reflecting our commitment to supporting your whole self...your health, your future, and your career growth. This includes:
Compensation: $110,000.00-$130,000.00
Benefits:
  • Industry-leading medical, dental, and vision coverage with a generous employer premium contribution and Day 1 eligibility!
  • FLEX Program - Hybrid work opportunities available for eligible roles, where business needs and role requirements allow
  • 401(k) retirement plan with up to a 5% company match and immediate vesting to support long-term financial security
  • Paid time off and 11 paid holidays to support rest, balance, and recharge
  • Wellness program offering rewards for participation in company-supported health initiatives
  • Commuter benefits supporting mass transit and commuter parking options
  • Company-paid life and AD&D insurance for added peace of mind
  • Education assistance to support continued education and professional growth
  • Employee support and voluntary benefits, including an Employee Assistance Program and optional coverage such as disability, legal, identity theft, and insurance programs
  • Benefits eligibility and offerings may vary based on role, location, and employment status

If you're driven to solve meaningful challenges and make a lasting impact, we invite you to build your career at Holtec-a generation ahead by design™.

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