upper level job

How much does a Risk Analyst I make?

As of April 01, 2025, the average annual salary for a Risk Analyst I in the United States is $64,747. According to Salary.com, salaries can range from a low of $50,518 to a high of $80,212, with most professionals earning between $57,299 and $72,842.

Risk Analyst I Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $72,842 $6,070 $1,401 $35
Average $64,747 $5,396 $1,245 $31
25th Percentile $57,299 $4,775 $1,102 $28

Average Salary

25% $57,299 10% $50,518 90% $80,212 75% $72,842 $64,747 50%(Median)
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How much does a Risk Analyst I make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Risk Analyst I salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Risk Analyst I hourly pay, weekly pay, monthly pay and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Risk Analyst I's Salary?

An entry-level Risk Analyst I with less than 1 year of experience earns about $64,191. With 1-2 years of experience, the average salary increases to $64,989. For 2-4 years of experience, the pay typically rises to $66,801. Senior-level professionals with 5-8 years of experience earn around $67,163, and those with over 8 years of experience can expect an average of $67,405.

Levels Salary
Entry Level Risk Analyst I $64,191
Intermediate Level Risk Analyst I $64,989
Senior Level Risk Analyst I $66,801
Specialist Level Risk Analyst I $67,163
Expert Level Risk Analyst I $67,405
$64,191 0 yr
$64,989 < 2 yrs
$66,801 2-4 yrs
$67,163 5-8 yrs
$67,405 > 8 yrs
Last Updated on April 01, 2025
Entry Level 1%
Mid Level 0%
Senior Level 3%
Top Level 4%
Experienced 4%
View as graph
Last Updated on April 01, 2025

How much does salary of Risk Analyst I vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Risk Analyst I is $80,863.
  • In New York, NY, the average annual salary is $75,035.
  • In Boston, MA, a Risk Analyst I earns $72,212 per year.

What is the salary trend of Risk Analyst I?

As of April 01, 2025, our research reveals a significant shift in Risk Analyst I compensation over the past six years. For example, the median salary increased from $66,898 in 2023 to approximately $66,414 in 2024. (For a detailed analysis of Risk Analyst I salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Risk Analyst I Over Time

2020
$???
2021
$???
2022
$???
$66,898
2023
$66,414
2024
$66,011
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$66,898
2024
$66,414
2025
$66,011
2026
$???
Last Updated on April 01, 2025

Risk Analyst I Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $66,898
2024 $66,414
2025 $66,011
2026 View More
Last Updated on April 01, 2025

Job Openings of Risk Analyst I

Salary.com job board provides millions of Risk Analyst I information for you to search for. Click on search button below to see Risk Analyst I job openings or enter a new job title here.

Based on HR-reported data: a national average with a geographic differential
Base Salary 69.2%
Bonuses 0.0%
Social Security 5.3%
401k/403b 2.9%
Disability 1.4%
Healthcare 8.9%
Pension 3.7%
Time Off 8.5%
Core Compensation
Core Compensation Median % of Total
Base Salary $64,747 69.2%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $4,953 5.3%
401K/403B $2,719 2.9%
Disability $1,295 1.4%
Healthcare $8,352 8.9%
Pension $3,496 3.7%
Time Off $7,969 8.5%
Total Compensation $93,532 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

What are the salaries of a Risk Analyst I with different levels of education?

Salaries for Risk Analyst I with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Risk Analyst I with a Bachelor's Degree is $60,673 - $65,063. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Risk Analyst I Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Risk Analyst I
Degree Level % of user with this level of education
High School 5.6%
Associates 3.0%
Bachelors 59.9%
Masters 28.9%
Doctorate 2.5%
Typical Education for Risk Analyst I
High School 5.6%
Associates 3.0%
Bachelors 59.9%
Masters 28.9%
Doctorate 2.5%
view as table

Risk Analyst I Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Risk Analyst I

1. What is the average salary of a Risk Analyst I?

The average annual salary of Risk Analyst I is $64,747. In case you are finding an easy salary calculator, the average hourly pay of Risk Analyst I is $31; the average weekly pay of Risk Analyst I is $1,245; the average monthly pay of Risk Analyst I is $5,396.

2. Where can a Risk Analyst I earn the most?

A Risk Analyst I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Risk Analyst I earns the most in San Jose, CA, where the annual salary of a Risk Analyst I is $81,665.

3. What is the highest pay for Risk Analyst I?

The highest pay for Risk Analyst I is $80,212.

4. What is the lowest pay for Risk Analyst I?

The lowest pay for Risk Analyst I is $50,518.

5. What are the responsibilities of Risk Analyst I?

Evaluates the vulnerability of an organization's assets to determine the potential risk factors. Performs statistical analysis to quantify risk and forecast probable outcomes. Prepares reports and presents findings to assist management with decision-making while offering solutions to minimize or eliminate risks. Monitors internal and external risk factors including economic, market, and regulatory risks to continuously maintain maximum protection of an organization's assets. Supports managers in risk management or risk model construction. Requires a bachelor's degree. Typically reports to a supervisor. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience.

6. What are the skills of Risk Analyst I

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.

2.)

Accounting: Creating financial statements and reports based on the summary of financial and business transactions.

3.)

Life Insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Risk Analyst I is $64,747 per year in the United States, updated at April 01, 2025.
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