Risk Analyst Salary

A Risk Analyst earns an average salary of $61,597 per year. The skills that increase pay for this job the most are Python, SAS, and R. People in this job generally don't have more than 10 years' experience.
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$43,745 - $92,743
$44K
$63K
$93K
MEDIAN: $62,871
10%
50%
90%

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$14.72 - $30.09
$15
$20
$30
MEDIAN: $19.55
10%
50%
90%

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$0$99K
Salary $43,745 - $92,743
Bonus $996 - $13,220
Profit Sharing $0.00 - $8,500
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).
)
$40,964 - $99,066
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 815
Hourly Data $0$46
Hourly Rate $14.72 - $30.09
Overtime $19.26 - $46.74
Annual Data $0$99K
Bonus $996 - $13,220
Profit Sharing $0.00 - $8,500
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).
)
$40,964 - $99,066
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 91

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Risk Analyst

Risk analysts work primarily for banks or insurance companies and their tasks include carefully verifying potential clients' application information, following up on missing documentation and data with applicants or potential clients, and obtaining data from various agencies, such as credit bureaus, to verify data and information submitted by applicants. They must also be able to interpret corporate or merchants' financial statements and/or personal credit reports and maintain good relationships with processors and other staff within the company.

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Risk Analyst Tasks

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

Common Career Paths for Risk Analyst


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Risk Analyst Job Listings

Popular Employer Salaries for Risk Analyst

Popular Skills for Risk Analyst

Pay by Experience Level for Risk Analyst

Pay by Experience for a Risk Analyst has a positive trend. An entry-level Risk Analyst with less than 5 years of experience can expect to earn an average total compensation of $60,000 based on 629 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Risk Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $69,000 based on 193 salaries. An experienced Risk Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $77,000 based on 89 salaries. A Risk Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $82,000 based on 13 salaries.

Pay Difference by Location

National Average: $63,080

Larger city markers indicate a job is popular in that location.

Risk Analyst Reviews

Q: What is it like working as a Risk Analyst?

Risk Analyst in Dallas:
"Challenging work."
Pros:
Cons:

Related Job Salaries

Key Stats for Risk Analyst

Gender

Female
43 %
Male
57 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 160 votes.
Less than 1 year
12%
1-4 years
57%
5-9 years
19%
10-19 years
10%
20 years or more
2%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Risk Analyst Salaries

▲30%

▲23%

▲9%

National Average
$63,000

▼5%

Skills That Affect Risk Analyst Salaries

Python
▲27%

SAS
▲14%

R
▲13%


SQL
▲5%

Microsoft Office
▲5%


Regulatory Compliance
▲3%


National Average
$63,000



Microsoft Excel
▼2%

Project Management
▼6%

Insurance
▼17%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 160 votes.

Gender

Female
43 %
Male
57 %

Years of Experience

Less than 1 year
12%
1-4 years
57%
5-9 years
19%
10-19 years
10%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 80%
vision benefits
Vision: 71%
no benefits
None: 9%
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