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Operational Risk Associate Jobs in Chicopee, MA (NOW HIRING)

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Operational Risk Associate information

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$53

How much do operational risk associate jobs pay per hour?

As of Jul 21, 2026, the average hourly pay for operational risk associate in Chicopee, MA is $26.38, according to ZipRecruiter salary data. Most workers in this role earn between $17.88 and $30.43 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Operational Risk Associate, and why are they important?

To thrive as an Operational Risk Associate, you need strong analytical skills, knowledge of risk management frameworks, and a background in finance, business, or a related field. Familiarity with risk assessment tools, regulatory compliance systems, and certifications such as FRM or CRISC is often required. Attention to detail, problem-solving ability, and effective communication are vital soft skills for identifying risks and collaborating with teams. These skills ensure accurate risk identification, regulatory compliance, and the development of strategies to mitigate operational losses.

What are the typical challenges an Operational Risk Associate faces when working with cross-functional teams?

Operational Risk Associates often collaborate with departments such as compliance, audit, IT, and business operations to identify and mitigate potential risks. One common challenge is ensuring clear communication and alignment across teams with different priorities and risk tolerances. Additionally, navigating data inconsistencies and varying risk awareness levels can make it difficult to implement standardized controls. Building strong relationships and maintaining open channels for feedback help address these challenges and foster a proactive risk culture.

What is the difference between Operational Risk Associate vs Credit Risk Analyst?

AspectOperational Risk AssociateCredit Risk Analyst
Required CredentialsBachelor's degree, certifications like FRM or ORMBachelor's degree, certifications like CFA or FRM
Work EnvironmentFinancial institutions, risk management teamsBanking, lending institutions, credit departments
Employer & Industry UsageUsed in risk management departments across finance sectorsCommon in banking and lending sectors for credit assessment
Comparison Search IntentUnderstanding risk management roles in operationsAssessing credit risk and loan viability

The Operational Risk Associate focuses on identifying and mitigating risks related to operational processes within financial institutions, while the Credit Risk Analyst specializes in evaluating the creditworthiness of borrowers. Both roles require similar certifications and work in risk-related departments, but their core responsibilities differ—one manages operational risks, the other assesses credit risks.

What does an Operational Risk Associate do?

An Operational Risk Associate is responsible for identifying, assessing, and helping to mitigate risks that could impact a company's day-to-day operations. They work to ensure that processes, systems, and controls are in place to minimize the likelihood and impact of operational failures, such as fraud, system breakdowns, or regulatory breaches. Their duties often include risk assessments, incident reporting, data analysis, and supporting the implementation of risk management policies and procedures. Operational Risk Associates frequently collaborate with other departments to raise awareness and promote a strong risk culture within the organization.
What are the most commonly searched types of Operational Risk jobs in Chicopee, MA? The most popular types of Operational Risk jobs in Chicopee, MA are:
What job categories do people searching Operational Risk Associate jobs in Chicopee, MA look for? The top searched job categories for Operational Risk Associate jobs in Chicopee, MA are:
What cities near Chicopee, MA are hiring for Operational Risk Associate jobs? Cities near Chicopee, MA with the most Operational Risk Associate job openings:
Infographic showing various Operational Risk Associate job openings in Chicopee, MA as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $54,873 per year, or $26.4 per hour.
Underwriting Operations Associate- Surety

Underwriting Operations Associate- Surety

Swiss Re

Windsor, CT • On-site

$52K - $78K/yr

Full-time

Re-posted 11 days ago


Job description

Join our dynamic team where your attention to detail and customer service excellence will directly impact our success in the Surety insurance market. This role offers a perfect blend of analytical work, client interaction, and operational problem-solving in a collaborative environment.
About the Role
As an Underwriting Associate, you'll be at the heart of our operational support system, ensuring smooth processes between our underwriting teams and clients. You'll apply your analytical mindset and service orientation to resolve complex issues and maintain excellent client relationships.
Key Responsibilities
  • Review and analyze detailed source documents from external clients, applying standard guidelines to determine appropriate next steps
  • Communicate effectively with colleagues and clients, providing timely responses to inquiries regarding files, records, and documentation
  • Implement operational procedures while adhering to established Service Level Agreements for supported business units
  • Collaborate on innovation by partnering in developing concepts, processes, and critical success factors
  • Resolve discrepancies by researching issues and providing solutions to internal and external clients

About the Team
We work together to provide Operational support to the Underwriting functions of the North America Surety division. We handle tasks ranging from the review of incoming submissions to problem resolution with internal and external Clients. Underwriting Associates are known for their agility, dedication to customer service, and critical thinking skills.
About You
You thrive in detail-oriented environments where personal accountability matters. Your organizational skills allow you to complete work accurately and independently, while your adaptability helps you navigate changing priorities. You're eager to learn and appreciate variety in your daily work. Your interpersonal skills make you a valued team member who can build relationships across departments.
We are looking for candidates who meet these requirements:
  • Bachelor's Degree or 4 years of equivalent work experience
  • Demonstrated competency in proofreading and reviewing work with high attention to detail and accuracy
  • Strong verbal, written, and analytical skills
  • Proficiency with Microsoft Outlook, Word, Excel, SharePoint, and Microsoft Teams

These are additional nice to haves:
  • Previous experience supporting Surety Lines (either Contract or Commercial)
  • Experience in insurance operations or customer service roles
  • Problem-solving mindset with the ability to work under pressure
  • Experience with document management systems

The position location is flexible to our Kansas City, MO or Windsor, CT offices. Our company has a hybrid work model requiring at least three days in the office each week, with the option to work onsite full--time if preferred. This position is not eligible for full-time telework, relocation assistance or visa sponsorship.
The estimated base salary range for this position is $52,000 to $78,000. The specific salary offered for this, or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.
About Swiss Re Corporate Solutions
Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.
Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.
During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.
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Reference Code: 135973