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Insurance Risk Engineer Jobs in New Jersey (NOW HIRING)

Market Risk Analyst

Jersey City, NJ · On-site +1

$68 - $73.68/hr

A degree in Computer Engineering or Finance is required. Experience: Experience in Market Risk ... other insurance plans that offer an optional layer of financial protection. We offer an ESPP ...

Senior Quality Engineer, Risk Management

Branchburg, NJ · On-site

$91K - $123K/yr

The Senior Quality Engineer, Risk Management has various objective/functions related to Third Party ... insurance and 401(k) to eligible employees.​ * This job is eligible to participate in our short ...

Quality Engineer

Trenton, NJ · On-site

$83K - $97K/yr

Perform manual and automated testing to ensure alignment with software requirements, risk ... Experience in P&C Insurance Domain * Experience using Agentic AI-based testing tools to support ...

... e., Risk Engineering and Claims) to assist with the assessment of risk. * Prepares final quotation/proposal and presents to producer and/or prospective insured. * Coordinates all administrative ...

... e., Risk Engineering and Claims) to assist with the assessment of risk. * Prepares final quotation/proposal and presents to producer and/or prospective insured. * Coordinates all administrative ...

... e., Risk Engineering and Claims) to assist with the assessment of risk. * Prepares final quotation/proposal and presents to producer and/or prospective insured. * Coordinates all administrative ...

... e., Risk Engineering and Claims) to assist with the assessment of risk. * Prepares final quotation/proposal and presents to producer and/or prospective insured. * Coordinates all administrative ...

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Showing results 1-20

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:
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.
Risk Services Consultant II - NJ / NY + 5 NYC Boroughs

Risk Services Consultant II - NJ / NY + 5 NYC Boroughs

Philadelphia Insurance Companies

Ewing, NJ

$92K - $113K/yr

Full-time

Medical, Retirement, PTO

Posted 17 hours ago


Philadelphia Insurance Companies rating

8.5

Company rating: 8.5 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

87th of 260 rated insurance


Job description

Marketing Statement:

Philadelphia Insurance Companies, a member of the Tokio Marine Group, designs, markets and underwrites commercial property/casualty and professional liability insurance products for select industries. We have been in operation since 1962 and are nationally recognized as a member of Ward's Top 50 and rated A++ by A.M.Best.

We are looking for a Risk Services Consultant II - NJ / NY + 5 NYC Boroughs to join our team:

Summary:

  • Provides technical expertise in a specialty area.
  • Territory: Central & Northern New Jersey, New York City + NYC 5 Boroughs.
  • Consults with underwriters and insureds about significant loss prevention programs within area of expertise.

A typical day will include the following:

  • Performs risk analysis studies in order to maintain maximum protection of an organization's assets.
  • Delivers risk management and loss prevention programs in a given product area.
  • Conducts loss control surveys, analysis and recommendations for complex risks in a given product area.
  • Communicates with agents, insureds and underwriters about specific risks as well as any trends in loss prevention issues in a given product area.
  • Maintains up-to-date technical knowledge of safety legislation and regulation as well as current loss experiences for a given product area.
  • Assists in training new staff.

Qualifications:

  • Bachelor's degree from four-year college or university.
  • Degree in Safety, Engineering or related field/equivalent desired.
  • Seven to Fifteen years previous related experience.
  • Designations such as CSP (Certified Safety Professional) or ARM (Associate in Risk Management) desired.
  • Working knowledge of Microsoft Office applications.
  • Needed travel within territory, including Central & Northern New Jersey, New York City + NYC 5 Boroughs.
  • Ultimate salary offered will be based on factors such as applicant experience and geographic location.
  • Salary Range: $92,863 - $113,224
  • This position is eligible to participate in the Company's Annual Incentive Performance Plan.

EEO Statement:

Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc.and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, sexual orientation and/or any other status protected by law.

Benefits:

We offer a comprehensive benefit package, which includes tuition reimbursement and a generous 401K match. Our rich history of outstanding results and growth allow us to focus our business plan on continued growth, new products, people development and internal career opportunities. If you enjoy working in a fast paced work environment with growth potential please apply online.
Additional information on Volunteer Benefits, Paid Vacation, Medical Benefits, Educational Incentives, Family Friendly Benefits and Investment Incentives can be found at https://www.phly.com/Careers/default.aspx