What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »

Risk Analyst Salary

Average Risk Analysts in the United States make around $59K per year. In the world of Risk Analysts, total cash compensation can vary between $39K and $95K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $12K and $10K, respectively. Residence is the biggest factor affecting pay for this group, followed by experience level and the particular employer. Most workers in this position report high levels of job satisfaction. Men working as Risk Analysts who took the survey just slightly outnumber women at 58 percent. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to more than half. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
Read More
$40,621 - $88,673
(Median)
$41K
$59K
$89K
MEDIAN: $59,439
10%
50%
90%

Add this chart to your site: 640px    300px

$13.10 - $30.66
(Median)
$13
$19
$31
MEDIAN: $19.00
10%
50%
90%

Add this chart to your site: 640px    300px

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
$40,621 - $88,673  
   
Bonus
$0.00 - $11,675  
Profit Sharing
$192.75 - $9,500  
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).
)
$38,964 - $95,038  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 892
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
$13.10 - $30.66  
   
Overtime
$16.30 - $44.48  
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 - $11,675  
   
Profit Sharing
$192.75 - $9,500  
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).
)
$38,964 - $95,038  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 90

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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.

Common Career Paths for Risk Analyst


Add this chart to your site:   640px 640px    300px 300px


Risk Analysts who move on to become Risk Managers may enjoy significant pay raises, as Risk Managers get paid an average of $84K per year.

Risk Analyst Job Listings

Search for more jobs:

Popular Employer Salaries for Risk Analyst


The consistently lowest paying firm is J.P. Morgan Chase & Co. (JPMCC), where the median salary is just $61K. There isn't much variation there, either; the pay scale ranges only from $28K to $95K.

Popular Skills for Risk Analyst


Risk Analysts generally report applying a varied skill set to their work. Most notably, skills in SAS, Financial Modeling, SQL, and Microsoft Office are correlated to pay that is above average, with boosts between 10 percent and 18 percent. The majority of those who know Data Analysis also know 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.


Risk Analysts do not generally earn higher incomes from more experience in the field. Salaries for the relatively untried average out to around $57K, but survey participants with five to 10 years of experience earn a significantly higher median of $67K. Risk Analysts with one to two decades of relevant experience report an average salary of approximately $72K. 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 $81K on average.

Pay Difference by Location


New York offers some of the highest pay in the country for Risk Analysts, 31 percent above the national average. Risk Analysts will also find cushy salaries in Charlotte (+25 percent), Stamford (+20 percent), Boston (+18 percent), and Columbus (+12 percent). The lowest-paying market is Atlanta, which sits 17 percent below the national average. Two other places where employers offer below-median salaries are Phoenix (15 percent less) and Dallas (12 percent less).

Related Job Salaries

United States (change)

Experience Affects Risk Analyst Salaries

Late-Career
up arrow 36%



National Average
$60,000


Skills That Affect Risk Analyst Salaries

SAS
up arrow 18%

Financial Modeling
up arrow 16%

SQL
up arrow 10%

Microsoft Office
up arrow 7%

Data Analysis
up arrow 4%

Financial Analysis
up arrow 4%

Microsoft Excel
up arrow 2%

Risk Management / Risk Control
up arrow 1%

National Average
$60,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 179 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
10%
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: 68% employee benefits None: 8%
ADVERTISEMENT