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Risk Engineer Jobs in Raleigh, NC (NOW HIRING)

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Working closely with product, engineering, and delivery teams, the Manager provides hands on risk and compliance support and helps address issues as they arise. The role focuses on producing high ...

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Risk Engineer information

See Raleigh, NC salary details

$36.9K

$112.6K

$186.1K

How much do risk engineer jobs pay per year?

As of Sep 5, 2026, the average yearly pay for risk engineer in Raleigh, NC is $112,623.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,700.00 and $147,300.00 per year, depending on experience, location, and employer.

What is a risk engineer?

A Risk Engineer identifies, assesses, and mitigates potential risks that could impact an organization's operations, projects, or assets. They analyze data, conduct risk assessments, and develop strategies to minimize financial, safety, and operational risks. Industries such as insurance, construction, energy, and manufacturing heavily rely on Risk Engineers to ensure regulatory compliance and improve overall safety. Their role involves working with various teams to implement risk management policies and recommend preventive measures.

What are the typical challenges a risk engineer faces in their daily work?

Risk Engineers often encounter challenges such as evaluating complex technical systems, ensuring regulatory compliance, and communicating potential risks to non-technical stakeholders. Navigating tight project deadlines while maintaining thorough risk assessments and documentation can also require strong organizational skills. Additionally, balancing proactive risk mitigation with budget and resource constraints is a frequent part of the job. These factors make adaptability, critical thinking, and effective collaboration essential for success in the role.

What are the key skills and qualifications needed to thrive as a risk engineer, and why are they important?

To thrive as a Risk Engineer, you need strong analytical skills, a degree in engineering or a related technical field, and a solid grasp of risk assessment methodologies. Familiarity with tools such as risk modeling software, safety management systems, and certifications like CSP (Certified Safety Professional) or CRM (Certified Risk Manager) is often expected. Excellent problem-solving, communication, and teamwork abilities set exceptional candidates apart in this role. These competencies are crucial for identifying, evaluating, and mitigating risks effectively while collaborating across engineering, safety, and management teams.

How much do risk engineers make in the US?

Risk engineers in the US typically earn a median annual salary of around $80,000 to $100,000, with experienced professionals and those holding certifications like the Certified Risk Engineer (CRE) earning higher salaries. Salaries can vary based on industry, location, and level of experience, and risk engineers often work in environments requiring strong analytical and safety assessment skills.

What are popular job titles related to Risk Engineer jobs in Raleigh, NC?

For Risk Engineer jobs in Raleigh, NC, the most frequently searched job titles are:

What job categories do people searching Risk Engineer jobs in Raleigh, NC look for?

The top searched job categories for Risk Engineer jobs in Raleigh, NC are:

What cities near Raleigh, NC are hiring for Risk Engineer jobs?

Cities near Raleigh, NC with the most Risk Engineer job openings:

Infographic showing various Risk Engineer job openings in Raleigh, NC as of August 2026, with employment types broken down into 83% Full Time, and 17% Part Time. Highlights an 49% In-person, and 51% Remote job distribution, with an average salary of $112,623 per year, or $54.1 per hour.

Senior Population Risk Performance Analyst (Value-Based Care)

Blue Cross and Blue Shield of North Carolina

Chapel Hill, NC • On-site

$98K - $156K/yr

Other

Medical, Retirement, PTO

Posted 17 days ago


Blue Cross and Blue Shield of North Carolina rating

7.8

Company rating: 7.8 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

197th of 315 rated insurance


Job description

Job Description

This role is responsible for providing advanced analytical and modeling expertise supporting value-based care performance measurement and population risk normalization. The Sr. Population Risk Performance Analyst applies population risk models to attributed member populations to ensure accurate, consistent, and defensible financial and quality performance measurement across value-based care programs.
The role operationalizes risk and actuarial modeling methodologies to support total cost of care evaluation, performance reconciliation, forecasting, and provider settlement processes. This position partners closely with actuarial, finance, clinical economics, and value-based care operations teams to ensure performance outcomes appropriately reflect population acuity and contractual measurement intent.
This role is distinct from coding-based risk adjustment functions and focuses on performance measurement methodology and financial normalization.

What You Will Do

  • Apply population risk and actuarial models to normalize performance measurement across value-based care programs.
  • Operationalize CMS-HCC, Milliman, and comparable population risk methodologies for performance evaluation and financial measurement.
  • Support development and maintenance of risk-normalized total cost of care and quality performance metrics.
  • Validate performance measurement methodologies used in shared savings, downside risk, and alternative payment models.
  • Analyze population risk movement and evaluate impacts on program financial performance and provider outcomes.
  • Partner with actuarial and finance teams to align modeling assumptions with contractual measurement logic.
  • Identify and investigate performance variances driven by population acuity, attribution changes, coding variation, or data completeness.

  • Support performance year reconciliation, settlement calculations, and financial exposure analysis.
  • Define and document measurement methodologies, assumptions, and model governance controls.
  • Collaborate with analytics and data engineering teams to integrate risk modeling logic into reporting and measurement pipelines.
  • Provide analytical expertise supporting provider performance reviews and measurement inquiries.
  • Translate complex modeling outcomes into clear insights for operational and executive stakeholders.
  • Ensure consistency and repeatability of population measurement processesacross programs and performance periods.
  • Serve as subject matter expert for population risk interpretation supporting value-based care strategy and operations.

What You Bring

  • Bachelor's degree or advanced degree in healthcare administration, business, public health, or related field.

  • 5+ years of experience in related field.

  • In lieu of degree, 7+ years of experience in related field

  • Demonstrated experience working with population risk models including CMS-HCC and Milliman methodologies (or equivalent).
  • Experience analyzing healthcare claims and eligibility datasets.
  • Strong SQL and analytical data experience.
Preferred Qualifications
  • Experience supporting Medicare Advantage and Commercial value-based care programs.

  • Familiarity with total cost of care measurement and shared savings models.

  • Experience collaborating with actuarial, finance, or clinical economics teams.

  • Knowledge of attribution methodologies and population performance analytics.

  • Experience supporting provider settlement or reconciliation processes.

#LI-Hybrid

    Salary Range

    At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market-price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets, licensure and certifications and other business and organizational needs.Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs.

    *Based on annual corporate goal achievement and individual performance.

    $98,092.00 - $156,947.00

    Skills

    Analytical Analysis, Data Analysis, Data Analysis Reporting, Data Analytics, Data Engineering, Data Governance, Data Mining, Data Science, Identifying Trends, Trend Analysis

    _____________________________________________________________________
    JOB ALERT FRAUD: We have become aware of scams from individuals, organizations, and internet sites claiming to represent Blue Cross and Blue Shield of North Carolina in recruitment activities in return for disclosing financial information. Our hiring process does not include text-based conversations or interviews and never requires payment or fees from job applicants. All our career opportunities are published on https://bcbsnc.wd5.myworkdayjobs.com/en-US/BCBSNC. If you have already provided your personal information that you suspect is fraudulent activity, please report it to your local authorities. Any fraudulent activity should be reported to: HR.Staffing@BCBSNC.com.


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