Median of all compensation (including tips, bonus, and overtime) by years of experience.
For Risk Analysts, experience is not a major factor in determining pay, and incremental pay growth is standard. After five to 10 years, pay—which begins at $57K—can reach $65K. Pay amounts to $71K after 10 to 20 years. Though salary increases are not as strong, pay continues to grow slightly for Risk Analysts after two decades on the job, and average earnings come to $85K. Experienced employees who have 10-20 years of experience make up less than 10 percent of the workforce; inexperienced individuals who have been working for less than one year comprise 10 percent, and senior people with more than 20 years under their belt fill out the remaining 2 percent. Age distribution in this workforce is concentrated between one and nine years of experience; a strong majority of respondents fall in this range.