Risk Analyst - Insurance

Placements24; Willows (CA); Hybrid; USD 85,000 - 120,000; Full time

Benefits offered by this job

Health, dental, and vision insurance

Pension scheme

Life assurance

Support for professional certificates

Job summary

Placements24 is seeking a highly analytical Risk Analyst to join its fully remote insurance team. You will identify, assess, and mitigate risks across the portfolio, delivering insights that influence strategic decision-making and help ensure long-term stability and profitability.

The role requires 3+ years in risk analysis, strong data skills (Excel, SQL, Python), and the ability to communicate clearly in reports to senior management.

Qualifications

• Bachelor's degree in Finance, Economics, Statistics, Mathematics, or a related field.
• A 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 (Excel, SQL, R, Python).
• Excellent understanding of risk management principles and insurance operations.
• Proficiency in creating clear and concise reports and presentations.

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.

Skills

Risk analysis

Data analysis

Excel

SQL

Python

R

Report writing

Education

Bachelor's degree in Finance / Economics / Statistics / Mathematics

Tools

SQL

Python

R

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

• Competitive annual salary commensurate with experience.
• Fully remote position offering significant work-life balance.
• Comprehensive health, dental, and vision insurance plans.
• Generous pension scheme and life assurance.
• Continuous learning opportunities and support for professional certifications.