Risk analyst job description
Updated March 14, 2024
7 min read
A risk analyst is responsible for the prediction of the danger levels that a business decision might come with. Their duties include collecting and analyzing relevant market trends and documentation, using risk software to develop predictions, and presenting findings to stakeholders and heads of the company.
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Example risk analyst requirements on a job description
Risk analyst requirements can be divided into technical requirements and required soft skills. The lists below show the most common requirements included in risk analyst job postings.
Sample risk analyst requirements
- Bachelor's degree in a related field.
- Extensive knowledge of financial markets and regulations.
- Proficiency with relevant software and technology.
- Strong analytical, communication and problem-solving skills.
- Prior experience in a risk analyst role.
Sample required risk analyst soft skills
- Ability to work independently and in a team.
- Excellent organizational and time management skills.
- High level of attention to detail.
- Ability to make quick decisions and think on your feet.
- Ability to work under pressure and meet tight deadlines.
Risk analyst job description example 1
Nordson risk analyst job description
Collaboration drives Nordson's success as a market leader in Industrial Precision Solutions and Advanced Technology. Our employees thrive in an environment where we help each other reach our personal best and enable our company to continuously improve and grow, and our customers to succeed. You will find Nordson employees sharing our success by giving back in the communities around the world where we live and work.
Essential Job Duties and Responsibilities
Lead the global process of collecting, reviewing, analyzing, and updating global exposure data in support of the renewal of all insurance policies.Complete applications and work with brokers on underwriting submissions.Manage and maintain all insurance exposure data, documents, and electronic risk management files. Assure compliance with documentation retention policies.Align insurance coverage proposals with global risk strategies.Review policies/quality control of coverage as needed.Coordinate renewal strategy meetings with broker and insurance carrier.Assist with annual budgeting.Assist with annual audits.Analyze loss runs and perform ongoing risk evaluation.Manage collateral obligations and agreements.Track and review insurance premium allocation, management fees, and charge backs.Review and process insurance premium invoices. Act as a back up to process claim loss funding invoices, as needed.Assist internal departments with general contract reviews, insurance certificate requests, proof of insurance, claims processing, and coordinate interface with insurance brokers.Coordinate and Manage all Certificates of Insurance and Auto ID Cards.Report Auto Liability Claims to Nordson's Third Party Administrator. Respond to all information requests for Auto Liability claims and maintain electronic claim files.Assist with other claims management and oversight as directed by supervisor.Communicate policies, strategies, and issues with local entities and insurance brokers.Support the development of and compliance with global risk management policies, procedures, and guidelines.Engage with Nordson business units to understand needs/requirements and identify opportunities to provide solutions to specific risk issues.Track and follow up on Property Loss Engineering recommendations. Coordinate with property insurer, broker, internal facilities and EHS department as needed on recommendations.Other duties as assigned.
Education and Experience
Bachelor's Degree is required, with a degree in Business, Accounting, Risk Management or Finance preferred.Minimum of three to five years of experience required in commercial insurance related services.Understanding of Commercial Insurance and risk concepts.Relative knowledge and experience in areas of Finance/Accounting, Risk Management, or Safety and Health.
Preferred Skills and Abilities
Experience and skilled with Microsoft Programs, particularly ExcelStrong written and oral communication skills Strong computer skills Continuous Improvement focus/ Ability to Identify Process ImprovementsAbility to interact effectively with staff and customers at all levels within an extremely fast-paced environment.Strong analytical skills.Detail-oriented and highly organized with a focus on quality and consistency. Strength in documentation.
#LI-JB1
Nordson Corporation provides equal employment opportunity to all applicants and employees. No person is to be discriminated against in any aspect of the employment relationship due to race, religion, color, sex, age, national origin, ancestry, disability, sexual orientation, gender identity, genetic information, citizenship status, marital status, pregnancy, veteran status or any other status protected by applicable federal, state, or local law. All employment offers are contingent upon successful completion of our pre-employment drug screening and background/criminal check, consistent with applicable laws.
Essential Job Duties and Responsibilities
Lead the global process of collecting, reviewing, analyzing, and updating global exposure data in support of the renewal of all insurance policies.Complete applications and work with brokers on underwriting submissions.Manage and maintain all insurance exposure data, documents, and electronic risk management files. Assure compliance with documentation retention policies.Align insurance coverage proposals with global risk strategies.Review policies/quality control of coverage as needed.Coordinate renewal strategy meetings with broker and insurance carrier.Assist with annual budgeting.Assist with annual audits.Analyze loss runs and perform ongoing risk evaluation.Manage collateral obligations and agreements.Track and review insurance premium allocation, management fees, and charge backs.Review and process insurance premium invoices. Act as a back up to process claim loss funding invoices, as needed.Assist internal departments with general contract reviews, insurance certificate requests, proof of insurance, claims processing, and coordinate interface with insurance brokers.Coordinate and Manage all Certificates of Insurance and Auto ID Cards.Report Auto Liability Claims to Nordson's Third Party Administrator. Respond to all information requests for Auto Liability claims and maintain electronic claim files.Assist with other claims management and oversight as directed by supervisor.Communicate policies, strategies, and issues with local entities and insurance brokers.Support the development of and compliance with global risk management policies, procedures, and guidelines.Engage with Nordson business units to understand needs/requirements and identify opportunities to provide solutions to specific risk issues.Track and follow up on Property Loss Engineering recommendations. Coordinate with property insurer, broker, internal facilities and EHS department as needed on recommendations.Other duties as assigned.
Education and Experience
Bachelor's Degree is required, with a degree in Business, Accounting, Risk Management or Finance preferred.Minimum of three to five years of experience required in commercial insurance related services.Understanding of Commercial Insurance and risk concepts.Relative knowledge and experience in areas of Finance/Accounting, Risk Management, or Safety and Health.
Preferred Skills and Abilities
Experience and skilled with Microsoft Programs, particularly ExcelStrong written and oral communication skills Strong computer skills Continuous Improvement focus/ Ability to Identify Process ImprovementsAbility to interact effectively with staff and customers at all levels within an extremely fast-paced environment.Strong analytical skills.Detail-oriented and highly organized with a focus on quality and consistency. Strength in documentation.
#LI-JB1
Nordson Corporation provides equal employment opportunity to all applicants and employees. No person is to be discriminated against in any aspect of the employment relationship due to race, religion, color, sex, age, national origin, ancestry, disability, sexual orientation, gender identity, genetic information, citizenship status, marital status, pregnancy, veteran status or any other status protected by applicable federal, state, or local law. All employment offers are contingent upon successful completion of our pre-employment drug screening and background/criminal check, consistent with applicable laws.
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Risk analyst job description example 2
Credit Suisse risk analyst job description
The risk manager will work closely with portfolio managers, senior risk officers, and will be taking a leading role to cover risk management for various credit funds independently.
Key responsibilities:
Conduct Investment risk analysis including performance, attribution, exposure, value-at-risk (VaR), scenario analysis, and stress testing for alternative investments with focus on credit investments including bank loan, high yield bond, CLO, private debt, and credit hedge fund Work closely with portfolio management teams in developing and refining investment risk models and analytics Develop and produce customized investment risk reports for portfolio management, senior management, and investors Assess portfolio risk exposures/limits and raise issues when risk levels may be inappropriate Communicate and present risk analysis results to senior risk managers and portfolio managers
Your future colleagues
The Credit Suisse Asset Management Risk Management department is seeking to hire an Investment Risk Manager to cover investment risk for Credit Investment Group, one of the most successful and largest credit platforms in the world. We are a department which values Diversity and Inclusion (D&I) and is committed to realizing the firm's D&I ambition which is an integral part of our global cultural value
Your skills and experience
We are looking for applicants who possess an Undergraduate or graduate degree majoring in finance, math, engineering, or other quantitative fields along with an equivalent experience of up to 8 years financial, preferably in credit products and risk management
Knowledge of credit products and broader financial markets Proven quantitative and analytical skills and attention to detail Ability to produce high quality work under pressure and timelines Proven communication and presentation, and interpersonal skills Ability to work well as part of a globally distributed team, teammate with a flexible approach, and self-starter Dedication to fostering an inclusive culture and value varied perspectives
Key responsibilities:
Conduct Investment risk analysis including performance, attribution, exposure, value-at-risk (VaR), scenario analysis, and stress testing for alternative investments with focus on credit investments including bank loan, high yield bond, CLO, private debt, and credit hedge fund Work closely with portfolio management teams in developing and refining investment risk models and analytics Develop and produce customized investment risk reports for portfolio management, senior management, and investors Assess portfolio risk exposures/limits and raise issues when risk levels may be inappropriate Communicate and present risk analysis results to senior risk managers and portfolio managers
Your future colleagues
The Credit Suisse Asset Management Risk Management department is seeking to hire an Investment Risk Manager to cover investment risk for Credit Investment Group, one of the most successful and largest credit platforms in the world. We are a department which values Diversity and Inclusion (D&I) and is committed to realizing the firm's D&I ambition which is an integral part of our global cultural value
Your skills and experience
We are looking for applicants who possess an Undergraduate or graduate degree majoring in finance, math, engineering, or other quantitative fields along with an equivalent experience of up to 8 years financial, preferably in credit products and risk management
Knowledge of credit products and broader financial markets Proven quantitative and analytical skills and attention to detail Ability to produce high quality work under pressure and timelines Proven communication and presentation, and interpersonal skills Ability to work well as part of a globally distributed team, teammate with a flexible approach, and self-starter Dedication to fostering an inclusive culture and value varied perspectives
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Risk analyst job description example 3
Brown & Brown risk analyst job description
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Brown & Brown's Risk Solutions, formerly known as Beecher Carlson, is looking for a Risk Analyst to join the National Casualty Practice in Atlanta, GA or New York, NY.
The Risk Analyst will support the account team and develops relationship with clients by providing risk analysis Responsibilities include, but are not limited to:
Perform risk analysis studies not limited to compilations of underwriting information and coverage placement, loss forecasting and analysis to promote maximum protection of an organization's assets and assist in loss reduction
Pull and analyze claims data to guide renewal discussions Review accuracy of all policies, changes/endorsements, audits, and other documents and assist in delivery of such documentation to clients Assist clients and carriers with day-to-day email, phone, fax and mail requests for policies, endorsements, audits, certificates and/or auto ID cards, accounting/billing, coordination of claims/loss control services Work collaboratively with Client Executive and/or Client Manager in the marketing process including preparation of all necessary applications, submissions, proposals, presentations, and service plans for clients Attend any required training sessions, courses, etc. to maintain up to date skills and licensing requirements Attend and conducts carrier meetings/functions as requested Maintains appropriate level of confidentiality and follow company policies and procedures.
QUALIFICATIONS:
Bachelor's degree including, but not limited to Risk Management, Finance, Accounting and Marketing, and/or 0 to 3 years of experience in commercial insurance. Working knowledge of business office practices and procedures. Ability to establish work priorities and manage time effectively. Ability to work independently as well as in a team environment. Able to accept responsibility and stay focused under pressure Excellent customer service and interpersonal skills.
COMPENSATION & PERKS:
Excellent growth and advancement opportunities Competitive pay based on experience Discretionary time off Generous benefits package: health, dental, vision, etc. Employee Stock Program Education Assistance Program - tuition reimbursement, student loan repayment assistance, etc.
Delivering integrated insurance and risk management solutions to some of the largest and most respected companies in the world, Brown & Brown's Risk Solutions team aims to create value beyond placing insurance. Our team challenges the status quo with our proprietary methodologies and tools to help customers optimize the way they identify, quantify, mitigate, and finance risk. Using evidence-based insights, our team helps customers better understand how different risk management decisions could impact their business.
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
Brown & Brown's Risk Solutions, formerly known as Beecher Carlson, is looking for a Risk Analyst to join the National Casualty Practice in Atlanta, GA or New York, NY.
The Risk Analyst will support the account team and develops relationship with clients by providing risk analysis Responsibilities include, but are not limited to:
Perform risk analysis studies not limited to compilations of underwriting information and coverage placement, loss forecasting and analysis to promote maximum protection of an organization's assets and assist in loss reduction
Pull and analyze claims data to guide renewal discussions Review accuracy of all policies, changes/endorsements, audits, and other documents and assist in delivery of such documentation to clients Assist clients and carriers with day-to-day email, phone, fax and mail requests for policies, endorsements, audits, certificates and/or auto ID cards, accounting/billing, coordination of claims/loss control services Work collaboratively with Client Executive and/or Client Manager in the marketing process including preparation of all necessary applications, submissions, proposals, presentations, and service plans for clients Attend any required training sessions, courses, etc. to maintain up to date skills and licensing requirements Attend and conducts carrier meetings/functions as requested Maintains appropriate level of confidentiality and follow company policies and procedures.
QUALIFICATIONS:
Bachelor's degree including, but not limited to Risk Management, Finance, Accounting and Marketing, and/or 0 to 3 years of experience in commercial insurance. Working knowledge of business office practices and procedures. Ability to establish work priorities and manage time effectively. Ability to work independently as well as in a team environment. Able to accept responsibility and stay focused under pressure Excellent customer service and interpersonal skills.
COMPENSATION & PERKS:
Excellent growth and advancement opportunities Competitive pay based on experience Discretionary time off Generous benefits package: health, dental, vision, etc. Employee Stock Program Education Assistance Program - tuition reimbursement, student loan repayment assistance, etc.
Delivering integrated insurance and risk management solutions to some of the largest and most respected companies in the world, Brown & Brown's Risk Solutions team aims to create value beyond placing insurance. Our team challenges the status quo with our proprietary methodologies and tools to help customers optimize the way they identify, quantify, mitigate, and finance risk. Using evidence-based insights, our team helps customers better understand how different risk management decisions could impact their business.
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
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Updated March 14, 2024
Updated March 14, 2024