Risk Analyst - Insurance

Placements24

United States

Remote

USD 80,000 - 120,000

Full time

3 days ago

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Benefits offered by this job

Fully remote position

Comprehensive health, dental, vision

Generous pension scheme

Professional certifications support

Work-life balance

Job summary

Placements24 is seeking a highly analytical Risk Analyst to join our fully remote insurance team. You will identify, assess, and mitigate financial and operational risks across the insurance portfolio, influencing strategic decisions for long-term stability.

Analyze large datasets using Excel, SQL, R, and Python; prepare detailed risk reports for senior management; collaborate with underwriting, claims, and finance; stay aligned with regulatory changes and industry best practices.

Qualifications

Bachelor's degree in Finance, Economics, Statistics or Mathematics.
Minimum of 3 years' experience in risk analysis, preferably within the insurance sector.
Strong quantitative and analytical skills with proficiency in data analysis tools.
Ability to prepare clear risk reports and presentations.
Experience working independently and collaboratively in a remote setting.

Responsibilities

Develop and implement risk assessment frameworks for insurance products and operations.
Analyze large datasets to identify trends, potential risks, and areas for improvement in risk mitigation strategies.
Prepare detailed risk reports and present findings and recommendations to senior management.
Monitor the effectiveness of existing risk controls and recommend adjustments as needed.
Collaborate with underwriting, claims, and finance teams to embed risk management best practices.
Stay informed about emerging risks, regulatory changes, and industry best practices in risk analysis.

Skills

Quantitative analysis

Data analysis

Report writing

Independent work

Remote collaboration

Education

Bachelor's degree in Finance, Economics, Statistics or Mathematics

Tools

Excel

SQL

Python

Job description

About the Role

Our client is seeking a highly analytical and detail-oriented Risk Analyst to join their fully remote insurance team. You will play a vital role in identifying, assessing, and mitigating financial and operational risks across the organization's insurance portfolio. Your insights will directly influence strategic decision-making and help ensure the company's long-term stability and profitability. This is an excellent opportunity for a proactive individual to contribute significantly to risk management strategies within a dynamic and fully remote work environment.

Key Responsibilities

Develop and implement risk assessment frameworks and methodologies for insurance products and operations.
Analyze large datasets to identify trends, potential risks, and areas for improvement in risk mitigation strategies.
Prepare detailed risk reports and present findings and recommendations to senior management.
Monitor the effectiveness of existing risk controls and recommend adjustments as needed.
Collaborate with underwriting, claims, and finance teams to embed risk management best practices.
Stay informed about emerging risks, regulatory changes, and industry best practices in risk analysis.

Requirements

Bachelor's degree in Finance, Economics, Statistics, Mathematics, or a related field.
Minimum of 3 years of experience in risk analysis, preferably within the insurance sector.
Strong quantitative and analytical skills, with expertise in data analysis tools (e.g., Excel, SQL, R, Python).
Excellent understanding of risk management principles and insurance operations.
Proficiency in creating clear and concise reports and presentations.
Demonstrated ability to work independently and collaboratively in a remote setting.

Benefits