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What is the salary of a risk analyst?

By Zippia Team - Dec. 17, 2021

A risk analyst's salary is around $70,000 a year. The average salary range that insurance risk analysts earn is between $49,000 and over $100,000 in a year.

However, many factors influence a risk analyst's salary. This includes location, experience, and company. In addition to salary, insurance risk analysts have the opportunity to earn income from bonuses and profit-sharing opportunities.

The national average annual salary for a risk analyst across all industries is $73,000 per year. However, a risk analyst with less than one year of experience makes $69,000 per year, while one with four to six years of experience makes an average of over $87,000 per year.

Location is one factor that influences what risk analysts make. The cities where a person in this role can make the most include San Francisco, CA, Santa Clara, CA, and Washington D.C. Industry also influences salary levels, with risk analysts who work in insurance, banking, and healthcare making more than those in other industries.

Finally, larger companies tend to pay their risk analysts more. Risk analysts who work at companies like Wells Fargo, CB&I, and Marsh have more opportunities to command higher incomes than those who work in small insurance, banking, and healthcare companies.

What is the salary of a risk analyst?

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