Risk Management Analyst jobs in Rhode Island

Risk Management Analyst provides data analysis and builds risk models to support risk programs and activities. Prepares reports needed to comply with clinical, environmental, and privacy compliance regulations. Being a Risk Management Analyst identifies loss trends by analyzing incident reports, claim and insurance data. Utilizes advanced data analysis tools and techniques. Additionally, Risk Management Analyst requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Risk Management Analyst occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Risk Management Analyst typically requires 2-4 years of related experience. (Copyright 2024 Salary.com)

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Risk Management Analyst
  • Falvey Insurance Group
  • North, RI FULL_TIME
  • Summary of Position

    Falvey Insurance Group is one of the largest Marine Insurance MGAs in the country and was founded on the pillars of Technology and Operational Excellence. The Risk Management Analyst role is critical to the expanding strategy of the Loss Prevention department. The candidate will be responsible for collecting and reading data, determining trends, forecast, and putting together predictive analytics to mitigate risks associated with our international transportation and logistics operations.


    Position Functions
    The role will have the following primary responsibilities:
    1. Claim Trend Analysis:
      • Research, evaluate, and prioritize risks related to transportation and logistics processes
      • Natural Catastrophes and Weather event analysis (predicative and impact assessment)
      • Global Hazard mapping analysis (trends and statistics)
      • Global incident mapping
    2. Qualitative & Quantitative Analysis: Analyze historical and real-time data to determine patterns and trends; and develop predictive models to anticipate and prevent potential risks.
    3. Aiding in the construction and maintenance of internal data reports and presentations outlining risk assessments, mitigation strategies, and KPIs. As well as maintain reports with real – time activities and outcomes.
      • Underwriting book & account portfolio performance assessment and composite scoring
    4. Development of proprietary internal Risk Platform:
      • Play a pivotal role in handling project management, development, design, and building of internal platform
      • Collaborating with our internal IT and Business Intelligence team
      • Develop training materials and conduct sessions for internal stakeholders.
      • Solicit feedback from users for on-going improvements
    5. Vendor vetting and performance assessment
    6. Assisting with other Special projects (client and internal)

    Knowledge, Skills, & Abilities

    Exceptional written and verbal communication skills with the ability to contextually switch between technical and plain language, share knowledge, and work effectively in a team environment. Excellent comprehension skills to efficiently develop a connected understanding of business processes and goals. Excellent time management skills, being able to prioritize multiple tasks at once.

    Ability to work independently and execute a variety of critical thinking and problem-solving skills. Applicant must be familiar with relational data models.
    Demonstrated ability to derive meaningful insights from unfamiliar datasets.

    Other Requirements

    • 1 – 3 years of previous professional experience in data flow and analysis
    • A working knowledge of Microsoft Office products, Adobe, spreadsheet software, and general computer skills is required.
    • Experience with BI Platforms preferred (Power BI, Tableau, or DOMO)
    • Working knowledge of the Transportation, Shipping, and Logistics industries is a plus

    Physical Requirements

    Must be able to sit for long periods of times, communicate via telephone, and operate a computer, and copy machine

    Supervisory Responsibilities

    None

    Equipment Used

    Computer, telephone, & copy machine.

    Hours of Operation and Working Conditions

    This position supports our marketing efforts internationally. This position's work hours are Monday through Friday 9am - 5pm, in a hybrid work environment. Our hybrid environment is 3 days within our business-casual office environment. Of these 3 days in the office, Wednesday and Thursday are required, and employees may work from home the other 2 days. Our employees choose their schedule. This position requires occasional flexibility for working additional hours to accomplish project objectives.



  • 2 Months Ago

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Risk Intelligence Analyst
  • Falvey Insurance Group
  • North, RI FULL_TIME
  • Summary of PositionFalvey Insurance Group is one of the largest Marine Insurance MGAs in the country and was founded on the pillars of Technology and Operational Excellence. The Risk Intelligence Anal...
  • 16 Days Ago

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Third Party Risk Analyst
  • Navigant Credit Union
  • Smithfield, RI FULL_TIME
  • ABOUT: People helping people. That's what a credit union, and in particular Navigant Credit Union, is all about. Our mission is to improve the financial well-being of the families, businesses, and com...
  • 1 Month Ago

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Risk Management and Workers' Compensation Coordinator
  • Care New England
  • Providence, RI FULL_TIME
  • Job Summary: Responsible for the coordination and performance of various operational functions within the Department, including assistance on the CNE Workers Compensation Program and the Insurance/Ind...
  • 23 Days Ago

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Management Analyst
  • KMS Solutions, LLC
  • Middletown, RI FULL_TIME
  • GENERAL DUTIES OR EXPERIENCE: Management Analysts at KMS are responsible for defining the nature and extent of problems by analyzing relevant data including annual revenues, employment, and expenditur...
  • Just Posted

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Management Analyst
  • PURVIS
  • Newport, RI FULL_TIME
  • PURVIS Systems is a technology solutions partner that develops, implements and maintains mission-critical solutions for federal and local governments. We’ve been committed to sustainable growth since ...
  • 3 Days Ago

Rhode Island (/ˌroʊd -/ (listen)), officially the State of Rhode Island and Providence Plantations, is a state in the New England region of the United States. It is the smallest state in area, the seventh least populous, the second most densely populated, and it has the longest official name of any state. Rhode Island is bordered by Connecticut to the west, Massachusetts to the north and east, and the Atlantic Ocean to the south via Rhode Island Sound and Block Island Sound. It also shares a small maritime border with New York. Providence is the state capital and most populous city in Rhode Is...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Risk Management Analyst jobs
$73,838 to $95,889

Risk Management Analyst in Battle Creek, MI
Risk Management Analysts help corporations to control or minimize the impact of risks.
February 04, 2020