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Risk Analyst Salary

Pay for Risk Analysts in the United States sits in the ballpark of $58K annually. With some bonuses approaching $11K and certain profit sharing proceeds approaching $9K, overall incomes of Risk Analysts spread between $38K and $95K depending on individual performance. Earnings for this group are mostly affected by geography, followed by career length and the particular employer. Male Risk Analysts are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 57 percent of the field. Medical benefits are awarded to nearly all, and most earn dental coverage. Job satisfaction for Risk Analysts is high. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
$40,032 - $87,240
(Median)
40K
49K
58K
72K
87K
MEDIAN: $58,297
10%
25%
50%
75%
90%

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$11.94 - $31.63
(Median)
12
15
18
24
32
MEDIAN: $17.00
10%
25%
50%
75%
90%

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Show Annual Salary Show Hourly Rate

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$32K$64K$96K
Salary
$40,032 - $87,240  
   
Bonus
$0.00 - $11,037  
Profit Sharing
$197.27 - $9,123  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$37,735 - $94,946  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 805
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$16$32$48
Hourly Rate
$11.94 - $31.63  
   
Overtime
$15.71 - $44.70  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$32K$64K$96K
Bonus
$0.00 - $11,037  
   
Profit Sharing
$197.27 - $9,123  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$37,735 - $94,946  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 76
United States (change)

Job Description for Risk Analyst

  • Audit data and establish quality control measures.
  • Create reports and summaries, and document processes and procedures.
  • Analyze data to calculate risks and outcomes.
  • Aggregate and transform data from multiple sources to produce consistent results.

Risk Analyst Job Listings

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Popular Employer Salaries for Risk Analyst


J.P. Morgan Chase & Co. (JPMCC) offers the smallest salaries in town — $60K on average — but the considerable range in workers' salaries (stretching from $28K to $90K) creates a rather varied pay scale.

Popular Skills for Risk Analyst


Risk Analysts report using a wide range of professional skills. Most notably, skills in SAS, SQL, Microsoft Office, and Data Analysis are correlated to pay that is above average, with boosts between 8 percent and 20 percent. For most people, competency in Data Analysis indicates knowledge of Microsoft Excel and Financial Analysis.

Pay by Experience Level for Risk Analyst

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many Risk Analysts, extensive experience does not lead to significantly more money. Although individuals who have less than five years' experience earn $57K on average, people with five to 10 years benefit from a notably larger average of $66K. Risk Analysts with one to two decades of relevant experience report an average salary of approximately $71K. In the end, the overall pattern seems to be that more experience generally corresponds to higher pay; a Risk Analyst with more than 20 years of experience can earn $80K on average.

Pay Difference by Location


Surpassing the national average by 33 percent, Risk Analysts in New York receive some of the highest pay in the country. Risk Analysts can also look forward to large paychecks in cities like Wilmington (+21 percent), Stamford (+21 percent), Boston (+16 percent), and Minneapolis (+15 percent). Trailing the national average by 19 percent, Atlanta is the market with the smallest paychecks. Below-median salaries also turn up in Dallas and Phoenix (13 percent lower).

Related Job Salaries

Experience Affects Risk Analyst Salaries

Late-Career
up arrow 35%



National Average
$59,000


Skills That Affect Risk Analyst Salaries

SAS
up arrow 20%

SQL
up arrow 10%

Microsoft Office
up arrow 8%


Risk Management / Risk Control
up arrow 3%

Financial Analysis
up arrow 3%

Microsoft Excel
up arrow 1%

National Average
$59,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 178 votes.

Gender

Female
43 %
Male
57 %

Years of Experience

Less than 1 year
11%
1-4 years
54%
5-9 years
25%
10-19 years
9%
20 years or more
2%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 83%
vision benefits Vision: 69% employee benefits None: 8%