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Third Party Risk Analyst Jobs in Worcester, MA (NOW HIRING)

Company Details Berkley Accident and Health is a risk management company that designs innovative ... Third-Party Administrators * Review and prescreen information received for initial claim file ...

... analysis, and develop the pro forma and financial structuring. * Coordinate and oversee the ... Select and negotiate third party agreements with design professionals (e.g., architects, engineers ...

Partner with leadership to address repeat exceptions or higher-risk behaviors, and recommend ... Proven experience managing third-party vendors or offshore support teams * Strong analytical ...

Partner with leadership to address repeat exceptions or higher-risk behaviors, and recommend ... Proven experience managing third-party vendors or offshore support teams * Strong analytical ...

Process Analyst

Waltham, MA · On-site

$55 - $61/hr

Business Process Analyst Waltham, MA 12 Months (possible extension) Role Overview The Business ... third party suppliers and end users. Lead process implementation activities--including training ...

Lead Nonconforming Event (NCE) investigations, including risk assessment, root cause analysis ... Agency And Third Party Recruiter Notice Agencies that submit a resume to Hologic must have a ...

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Third Party Risk Analyst information

See Worcester, MA salary details

$15

$40

$65

How much do third party risk analyst jobs pay per hour?

As of Aug 7, 2026, the average hourly pay for third party risk analyst in Worcester, MA is $40.40, according to ZipRecruiter salary data. Most workers in this role earn between $29.76 and $49.18 per hour, depending on experience, location, and employer.

How does a third party risk analyst typically collaborate with other departments to manage vendor risks?

A Third Party Risk Analyst works closely with departments such as procurement, legal, IT security, and compliance to assess and mitigate potential risks posed by vendors and service providers. Collaboration often involves reviewing contracts, conducting risk assessments, and ensuring vendors meet the organization's security and compliance requirements. Regular communication and joint meetings are common to align on risk standards and address any emerging concerns. This cross-functional teamwork ensures a comprehensive approach to managing third-party risks and maintaining regulatory compliance.

What is the difference between Third Party Risk Analyst vs Vendor Risk Analyst?

AspectThird Party Risk AnalystVendor Risk Analyst
CertificationsCertifications like CRISC, CISA often preferredSimilar certifications, often the same as Third Party Risk Analyst
Work EnvironmentFinancial institutions, corporations managing third-party relationshipsOrganizations assessing vendor security, compliance, and performance
Industry UsageCommon in finance, healthcare, and tech sectorsPrimarily in procurement, supply chain, and IT sectors

The main difference is that a Third Party Risk Analyst focuses on assessing risks associated with all third-party relationships, including vendors, partners, and service providers. A Vendor Risk Analyst specifically concentrates on evaluating risks posed by vendors and suppliers. While their roles overlap, the Third Party Risk Analyst has a broader scope, often handling multiple types of third-party relationships within various industries.

How much does a third-party risk analyst make?

A third-party risk analyst typically earns between $60,000 and $100,000 annually, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts with certifications like CRISC or CISSP can earn higher salaries. The role often requires strong analytical skills and knowledge of risk management tools.

What does a third-party risk analyst do?

A third-party risk analyst evaluates the risks associated with an organization’s vendors, suppliers, and partners to ensure compliance and mitigate potential threats. They review contracts, perform risk assessments, and monitor third-party performance using tools like risk management software. Strong analytical skills and knowledge of regulatory standards are essential for this role.

What are the key skills and qualifications needed to thrive as a third party risk analyst?

To thrive as a Third Party Risk Analyst, you need a solid understanding of risk management principles, vendor assessment processes, and compliance regulations, often supported by a degree in business, finance, or information security. Familiarity with risk assessment tools, GRC (Governance, Risk, and Compliance) platforms, and certifications like CTPRA or CRISC is highly valuable. Strong analytical thinking, attention to detail, and effective communication skills set exceptional analysts apart in this field. These competencies are crucial for identifying and mitigating vendor risks, ensuring organizational compliance, and safeguarding sensitive data.
What are popular job titles related to Third Party Risk Analyst jobs in Worcester, MA? For Third Party Risk Analyst jobs in Worcester, MA, the most frequently searched job titles are:
What job categories do people searching Third Party Risk Analyst jobs in Worcester, MA look for? The top searched job categories for Third Party Risk Analyst jobs in Worcester, MA are:
Infographic showing various Third Party Risk Analyst job openings in Worcester, MA as of August 2026, with employment types broken down into 1% As Needed, 88% Full Time, 8% Part Time, and 3% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $84,026 per year, or $40.4 per hour.

Claims Correspondence Analyst

Berkley

Marlborough, MA • Hybrid

$50K - $60K/yr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 13 days ago


Job description

Company Details

Berkley Accident and Health is a risk management company that designs innovative solutions to address the unique challenges of each client. With our entrepreneurial culture and a strong emphasis on analytics, we can help employers better manage their risk. We offer a broad range of products, including employer stop loss, benefit captives, provider stop loss, HMO reinsurance, and specialty accident. The key to Berkley's success is our nimble approach to risk - our ability to quickly understand, think through, and devise a plan that addresses each client's challenges, coupled with the strong backing of a Fortune 500 company. Our parent company, W. R. Berkley Corporation, is one of the largest and best managed property/casualty insurers in the United States.

#LI-AV1 #LI-Hybrid

The Company is an equal employment opportunity employer.

Responsibilities

The Claims Correspondence Analyst will serve as a first point of contact for inquiries related to claims. This role is responsible for handling Explanation of Reimbursement (EOR) requests, claim status inquiries, general claim-related questions, and prescreening information received for initial claim file setups. The ideal candidate will have strong communication skills, attention to detail, and the ability to manage multiple priorities in a fast-paced environment.

This position will be based in one of our offices:

  • Hamilton Square, NJ
  • Marlborough, MA

We offer hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so.

What you can expect:

  • Culture of innovation, teamwork, supportive colleagues and leaders willing to invest in talent
  • Internal mobility opportunities 
  • Visibility to senior leaders and partnership with cross functional teams
  • Opportunity to impact change
  • Benefits - competitive compensation, paid time off, comprehensive wellness benefits and programs, employer funded health savings account, profit sharing, 401k, paid parental leave, employee stock purchase plan, tuition assistance and professional continuing education

We'll count on you to:

  • Respond promptly and professionally to incoming requests regarding: EOR requests, claim status requests/updates and general claim questions from Account Management, Sales, Brokers, Policyholders and Third-Party Administrators
  • Review and prescreen information received for initial claim file setups
  • Maintain accurate records of all interactions and updates in the claims system and/or shared drive
  • Ensure compliance and company policies, regulatory requirements and confidentiality standards by ensuring that all external communications that contain PHI/PII are sent securely.
  • Provide exceptional customer service by delivering clear, concise and professional communication
  • Complete all assigned requests within a 48 to 72-hour handling timeframe
  • Projects and other work as assigned
Qualifications

What you need to have:

  • High school diploma
  • Prior experience in claims processing, healthcare administration or customer service strongly preferred

  • Strong organizational skills and attention to detail

  • Excellent verbal and written communication skills

  • Ability to work independently and as part of a team

  • Proficiency in Microsoft Office Suite software

  • Customer-focused mindset

  • Problem-solving and critical thinking

  • Time management and multitasking

  • Adaptability in a dynamic environment

Additional Company DetailsWe do not accept any unsolicited resumes from external recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role include: Base Salary Range: $50,000 - $60,000 Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. Sponsorship DetailsSponsorship not Offered for this RoleEmployment Type: OTHER