Risk Analyst Salary
Risk Analyst Salary Estimate
$81,484
How much does a Risk Analyst make?
The average salary for a risk analyst in the United States is $81,484. Risk analyst salaries typically range between $59,000 and $112,000 a year. The average hourly rate for risk analysts is $39.17 per hour.
Location, education, and experience impacts how much a risk analyst can expect to make. Risk analysts make the most in Connecticut, New York, California, New Jersey, and Massachusetts.
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The average salary for a risk analyst is $81,484 in the US. -
The average risk analyst salary ranges between $59,000 and $112,000 in the US. -
Hourly rates for risk analysts in the US typically range between $28 and $53 an hour. -
The average risk analyst salary is $98,891 in Connecticut, $95,835 in New York, and $94,126 in California. These are the three highest-paying states for risk analysts in the US. -
The Citadel has the highest average salary for risk analysts. -
Manufacturing is the highest-paying industry for risk analysts in the US.
Highest Paying States For Risk Analysts
- State View
- County View
Risk Analyst average salary by State
| Rank | State | Avg. Salary | Hourly Rate | Job Count |
|---|---|---|---|---|
| 1 | New York | $95,835 | $46.07 | 2,745 |
| 2 | Connecticut | $98,891 | $47.54 | 447 |
| 3 | Delaware | $88,884 | $42.73 | 269 |
| 4 | Massachusetts | $90,275 | $43.40 | 1,426 |
| 5 | New Jersey | $92,352 | $44.40 | 1,068 |
| 6 | California | $94,126 | $45.25 | 4,156 |
| 7 | Virginia | $82,176 | $39.51 | 2,092 |
| 8 | Maryland | $85,400 | $41.06 | 1,179 |
| 9 | Pennsylvania | $88,356 | $42.48 | 1,243 |
| 10 | District of Columbia | $85,557 | $41.13 | 785 |
| 11 | Vermont | $82,637 | $39.73 | 91 |
| 12 | Rhode Island | $78,526 | $37.75 | 155 |
| 13 | Washington | $79,362 | $38.15 | 970 |
| 14 | Ohio | $79,524 | $38.23 | 1,064 |
| 15 | New Hampshire | $81,162 | $39.02 | 163 |
| 16 | North Carolina | $74,424 | $35.78 | 1,193 |
| 17 | Arizona | $73,597 | $35.38 | 760 |
| 18 | Nevada | $75,934 | $36.51 | 226 |
| 19 | Maine | $75,900 | $36.49 | 144 |
| 20 | West Virginia | $79,318 | $38.13 | 94 |
| 21 | Illinois | $71,614 | $34.43 | 1,770 |
| 22 | Michigan | $74,193 | $35.67 | 786 |
| 23 | Alaska | $72,701 | $34.95 | 98 |
| 24 | Texas | $69,411 | $33.37 | 2,569 |
| 25 | Oregon | $71,329 | $34.29 | 533 |
| 26 | Wisconsin | $72,517 | $34.86 | 491 |
| 27 | Hawaii | $69,647 | $33.48 | 138 |
| 28 | Georgia | $65,991 | $31.73 | 1,179 |
| 29 | Utah | $63,590 | $30.57 | 395 |
| 30 | Indiana | $64,863 | $31.18 | 619 |
| 31 | Missouri | $67,522 | $32.46 | 588 |
| 32 | Wyoming | $62,981 | $30.28 | 70 |
| 33 | Iowa | $64,729 | $31.12 | 314 |
| 34 | Minnesota | $62,946 | $30.26 | 811 |
| 35 | Kentucky | $64,003 | $30.77 | 310 |
| 36 | Colorado | $61,381 | $29.51 | 883 |
| 37 | Alabama | $62,146 | $29.88 | 413 |
| 38 | Nebraska | $60,674 | $29.17 | 250 |
| 39 | Idaho | $61,921 | $29.77 | 168 |
| 40 | Tennessee | $61,017 | $29.34 | 539 |
| 41 | New Mexico | $62,706 | $30.15 | 168 |
| 42 | North Dakota | $57,520 | $27.65 | 113 |
| 43 | South Carolina | $61,948 | $29.78 | 329 |
| 44 | Arkansas | $60,355 | $29.02 | 237 |
| 45 | Florida | $57,225 | $27.51 | 1,773 |
| 46 | Montana | $57,045 | $27.43 | 120 |
| 47 | South Dakota | $57,027 | $27.42 | 97 |
| 48 | Kansas | $57,738 | $27.76 | 274 |
| 49 | Louisiana | $58,434 | $28.09 | 201 |
| 50 | Mississippi | $57,485 | $27.64 | 158 |
| 51 | Oklahoma | $57,423 | $27.61 | 206 |
Highest Paying Cities For Risk Analysts
| Rank | City | Avg. Salary | Hourly Rate | Job Count |
|---|---|---|---|---|
| 1 | San Francisco, CA | $103,398 | $49.71 | 9 |
| 2 | Stamford, CT | $98,819 | $47.51 | |
| 3 | White Plains, NY | $96,065 | $46.19 | 2 |
| 4 | Jersey City, NJ | $92,552 | $44.50 | 5 |
| 5 | Boston, MA | $90,340 | $43.43 | 12 |
| 6 | Wilmington, DE | $89,005 | $42.79 | 3 |
| 7 | Philadelphia, PA | $88,778 | $42.68 | 7 |
| 8 | Baltimore, MD | $85,641 | $41.17 | 2 |
| 9 | Washington, DC | $85,557 | $41.13 | 16 |
| 10 | Arlington, VA | $83,556 | $40.17 | 4 |
| 11 | Cleveland, OH | $82,989 | $39.90 | 6 |
| 12 | Seattle, WA | $80,563 | $38.73 | 5 |
| 13 | Raleigh, NC | $76,890 | $36.97 | 3 |
| 14 | Las Vegas, NV | $75,271 | $36.19 | 2 |
| 15 | Phoenix, AZ | $73,724 | $35.44 | 3 |
Here Are The Five Most In Demand Cities Right Now:
Risk Analysts Salary Details
What is a Risk Analyst's Salary?
| Percentile | Annual Salary | Monthly Salary | Hourly Rate |
|---|---|---|---|
| 90th Percentile | $112,000 | $9,333 | $54 |
| 75th Percentile | $96,000 | $8,000 | $46 |
| Average | $81,484 | $6,790 | $39 |
| 25th Percentile | $68,000 | $5,667 | $33 |
| 10th Percentile | $59,000 | $4,917 | $28 |
Highest Paying Types of Risk Analysts
| Job Title | Annual Salary | Monthly Salary | Hourly Rate | Job Openings |
|---|---|---|---|---|
| Analyst Internship | $38,569 | $3,214 | $18.54 | 103,723 |
| Corporate Finance Analyst | $76,023 | $6,335 | $36.55 | 114,375 |
| Business & Finance Analyst | $70,514 | $5,876 | $33.90 | 168,111 |
| Contract Analyst | $54,544 | $4,545 | $26.22 | 58,593 |
| Risk Manager | $116,072 | $9,673 | $55.80 | 75,795 |
| Investment Analyst | $79,056 | $6,588 | $38.01 | 63,003 |
Here are the five companies hiring the most now:
Which Companies Pay Risk Analysts The Most?
| Rank | Company | Average Salary | Hourly Rate | Job Openings |
|---|---|---|---|---|
| 1 | The Citadel | $144,823 | $69.63 | 2 |
| 2 | Meta | $118,292 | $56.87 | |
| 3 | PayPal | $117,183 | $56.34 | 13 |
| 4 | Wedbush Securities | $114,917 | $55.25 | |
| 5 | Loomis Sayles | $114,778 | $55.18 | 2 |
| 6 | Bloomberg | $114,145 | $54.88 | 25 |
| 7 | Heritage Financial Group | $114,016 | $54.82 | |
| 8 | Invesco | $112,673 | $54.17 | 10 |
| 9 | Neuberger Berman | $112,142 | $53.91 | 11 |
| 10 | Pine River Capital Management | $112,027 | $53.86 | |
| 11 | Interactive Brokers | $111,527 | $53.62 | 4 |
| 12 | Putnam Investments | $111,373 | $53.54 | |
| 13 | Icma-rc | $111,131 | $53.43 | 11 |
| 14 | Bunge | $110,699 | $53.22 | 3 |
| 15 | AQR Capital Management | $109,569 | $52.68 | |
| 16 | Pacific Gas and Electric | $109,142 | $52.47 | |
| 17 | $108,715 | $52.27 | 8 | |
| 18 | eBay | $106,727 | $51.31 | 15 |
| 19 | Pacific Investment Management Company LLC | $106,629 | $51.26 | 4 |
| 20 | Didi Chuxing | $106,625 | $51.26 |
Risk Analyst Pay Trends
Average Risk Analyst Salary Over Time
Compare salaries for individual cities or states with the national average.
Risk Analyst Salary By Year
| Year | Avg. Salary | Hourly Rate | % Change |
|---|---|---|---|
| 2023 | $81,500 | $39.17 | +2.6% |
| 2022 | $79,400 | $38.17 | +1.6% |
| 2021 | $78,100 | $37.55 | +1.6% |
| 2020 | $76,900 | $36.95 | +3.0% |
| 2019 | $74,500 | $35.84 | +1.8% |
Recently Added Risk Analyst Salaries
| Company | Job | Location | Date Added | Salary |
|---|---|---|---|---|
| Allied Universal | Security Risk Analyst | Atlanta, GA | 05/04/2023 | $45,914 |
| Cobank | Associate Quantitative Risk Analyst | Greenwood Village, CO | 05/04/2023 | $80,000 |
| Portland General Electric | Principal Risk Analyst | Tualatin, OR | 05/02/2023 | $101,925 |
| Impact Recruiting, LLC | Financial Risk Analyst | Portland, OR | 05/02/2023 | $90,000 |
| Splunk | Third Party Risk Vendor Analyst (US Remote Available) | Boulder, CO | 05/01/2023 | $84,273 |
| Splunk | Third Party Risk Vendor Analyst (US Remote Available) | Tysons Corner, VA | 05/01/2023 | $84,273 |
| Splunk | Third Party Risk Vendor Analyst (US Remote Available) | Plano, TX | 05/01/2023 | $84,273 |
| Splunk | Third Party Risk Vendor Analyst (US Remote Available) | San Jose, CA | 05/01/2023 | $84,273 |
| Goodleap | Partner Risk Analyst | Roseville, CA | 04/30/2023 | $58,000 |
| Chime Capital, LLC | Security Risk Governance Analyst | San Francisco, CA | 04/30/2023 | $106,300 |
Risk Analyst Salaries FAQs
What State Pays Risk Analysts The Most?
Connecticut pays Risk Analysts the most in the United States, with an average salary of $98,891 per year, or $47.54 per hour.
How Do I Know If I'm Being Paid Fairly As A Risk Analyst?
You know if you are being paid fairly as a Risk Analyst if your pay is close to the average pay for the state you live in. For example, if you live in New York you should be paid close to $95,835 per year.
How Much Do Insurance Risk Analysts Make?
Insurance risk analysts make 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 an insurance 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.
How Much Does An Entry-level Risk Analyst Make?
Entry-level risk analysts make around $69,000 a year. The average salary range for all risk analysts is between $49,000 and over $100,000 in a year.
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.
Is Being A Risk Analyst A Good Job?
Yes, being a risk analyst is a good job. This role has significant room for growth, pays fairly well, and is an in-demand job position.
A risk analyst helps companies minimize the liabilities involved with business decisions by analyzing economic conditions and financial documents and providing advice. They help companies they work for stay financially healthy.
What Is The Salary Of A Risk Analyst?
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.
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