As of May 18, 2021, the average salary for a Risk Analyst V in the United States is $155,725 per year, which breaks down to an hourly rate of $75.
However, a Risk Analyst V's salary can vary significantly. Here’s a look at the typical salary range:
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A Risk Analyst V's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Risk Analyst V's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Risk Analyst III | 4-7 years | $96,791 |
| Risk Analyst IV | 7+ years | $122,572 |
| Risk Analyst V | 7-10 years | $155,725 |
| Risk Management Supervisor | 10+ years | $110,241 |
| Risk Manager | 10+ years | $130,639 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Risk Analyst Vs. For example, consider the average annual salaries in these key locations:
Understanding how a Risk Analyst V's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on May 18, 2021Promotions are the fastest way to increase your earnings. As a Risk Analyst V, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| E-commerce Risk Director | $156,715 | 1% |
| Insurance Risk Supervisor | $107,232 | -31% |
| Risk Management Supervisor | $110,241 | -29% |
| Workers' Compensation Claims Manager | $101,784 | -35% |
Salaries for a Risk Analyst V can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $145,224 in 2023 to around $136,685 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Risk Analyst V salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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| 2023 | $145,224 |
| 2024 | $139,153 |
| 2025 | $136,685 |
| 2026 |
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| 2027 |
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A Risk Analyst V'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 V earns the most in San Jose, CA, where the annual salary of a Risk Analyst V is $196,416.
The highest pay for Risk Analyst V is $188,476.
The lowest pay for Risk Analyst V is $149,021.
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.
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.)
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