How much does a Risk Management Analyst make in the United States?
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The average Risk Management Analyst salary in the United States is $161,061 as of April 24, 2024. The range for our most popular Risk Management Analyst positions (listed below) typically falls between $55,689 and $266,434. Keep in mind that salary ranges can vary widely depending on many important factors, including position, education, certifications, additional skills, and the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Risk Management Analyst's Annual Base Salary
| Job Title | Salary | Hourly Rate | Location | Date Updated |
| Risk Management Analyst I - Healthcare | $78,255 | $37.62 | United States | April 24, 2024 |
| Risk Management Analyst II - Healthcare | $105,537 | $50.74 | United States | April 24, 2024 |
| Risk Management Director | $187,408 | $90.10 | United States | April 24, 2024 |
| Risk Management Supervisor | $109,832 | $52.80 | United States | April 24, 2024 |
| Vice President of Risk Management | $224,277 | $107.83 | United States | April 24, 2024 |
| Risk Analyst I | $63,256 | $30.41 | United States | April 24, 2024 |
| Risk Analyst III | $103,118 | $49.58 | United States | April 24, 2024 |
| Risk Analyst IV | $126,037 | $60.59 | United States | April 24, 2024 |
| Risk Analyst V | $159,707 | $76.78 | United States | April 24, 2024 |
| Risk Analyst II | $80,258 | $38.59 | United States | April 24, 2024 |
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Provides data analysis and builds risk models to support risk programs and activities. Prepares reports needed to comply with clinical, environmental, and privacy compliance regulations. Identifies loss trends by analyzing incident reports, claim and insurance data. Utilizes advanced data analysis tools and techniques. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience. View Risk Management Analyst I - Healthcare SalaryAlternate Job Titles:Clinical Risk Analysis Specialist I, Risk Management Analyst I - Healthcare
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Provides data analysis and builds risk models to support risk programs and activities. Prepares reports needed to comply with clinical, environmental, and privacy compliance regulations. Identifies loss trends by analyzing incident reports, claim and insurance data. Utilizes advanced data analysis tools and techniques. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4 -7 years of related experience. View Risk Management Analyst II - Healthcare SalaryAlternate Job Titles:Clinical Risk Analysis Specialist II, Risk Management Analyst II - HealthcareCategory : Healthcare - Administrative
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Directs and administers an organization's risk-management programs. Develops strategies, controls, and measures to monitor and mitigate the risk exposure of assets. Monitors the effectiveness of procedures to identify points of improvement. Oversees the building of financial models to predict the risk exposure of an organization's assets. Reviews risk analysis reports to ensure risks are identified and managed effectively. Promotes organization-wide understanding of risks and risk management strategies. Requires a bachelor's degree. Typically reports to senior management. Manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. View Risk Management Director SalaryAlternate Job Titles:Operational Risk Management Director, Risk Management Director
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Supervises a team of risk analysts to evaluate the vulnerability of an organization's assets and 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. Implements and maintains the corporate risk management information system. Requires a bachelor's degree. Typically reports to a manager. Supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. Typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. View Risk Management Supervisor SalaryAlternate Job Titles:Operational Risk Management Supervisor, Risk Management Supervisor
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Oversees the planning and analysis of an organization's risk management function. Responsible for the efficient execution of strategies, controls, and measures to monitor and mitigate the risk exposure of assets. Monitors the effectiveness of procedures to identify points of improvement. Reviews financial models to understand the risk exposure of an organization's assets. Develops training and educational materials to identify and mitigate risks. Promotes organization-wide understanding of risks and risk management strategies. Requires a bachelor's degree. Typically reports to top management. Manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. View Vice President of Risk Management SalaryAlternate Job Titles:Vice President of Operational Risk Management, VP of Risk Management, Vice President of Risk Management
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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. View Risk Analyst I SalaryAlternate Job Titles:Operational Risk Analyst I, Risk Analyst I
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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 generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience. View Risk Analyst III SalaryAlternate Job Titles:Operational Risk Analyst III, Risk Analyst III
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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 highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience. View Risk Analyst IV SalaryAlternate Job Titles:Operational Risk Analyst IV, Risk Analyst IV
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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. Works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Typically requires 10+ years of related experience. View Risk Analyst V SalaryAlternate Job Titles:Operational Risk Analyst V, Risk Analyst V
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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. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience. View Risk Analyst II SalaryAlternate Job Titles:Operational Risk Analyst II, Risk Analyst II