How much does a Risk Analyst I make in Elche, ES? The average Risk Analyst I salary in Elche, ES is €35,473 as of April 08, 2021, but the range typically falls between €27,605 and €54,217. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.

Global Market Data
50TH(Median) €35,473 25TH €27,605 75TH €54,217

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Skills to Boost a Risk Analyst I Salary

Mastering key skills can significantly increase your earning potential as a Risk Analyst I. According to Salary.com's Real-time Job Posting Data, expertise in Loss Prevention can lead to a 2% salary raise, while strong Information Security skills boost pay by a 1%. Even Root Cause Analysis can result in a 1% salary increase.

Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Loss Prevention
Loss prevention refers to measures taken to prevent the loss of life, health, and property. In the workplace, this involves preventing accidents, reducing risks, and controlling known hazards.
Information Security
A practice of preventing unauthorized access, use, disclosure, disruption, modification, inspection, recording, or destruction of confidential, private, and sensitive information.
Root Cause Analysis
In science and engineering, root cause analysis (RCA) is a method of problem solving used for identifying the root causes of faults or problems. It is widely used in IT operations, telecommunications, industrial process control, accident analysis (e.g., in aviation, rail transport, or nuclear plants), medicine (for medical diagnosis), healthcare industry (e.g., for epidemiology), etc. RCA can be decomposed into four steps: Identify and describe clearly the problem. Establish a timeline from the normal situation up to the time the problem occurred. Distinguish between the root cause and other causal factors (e.g., using event correlation). Establish a causal graph between the root cause and the problem.RCA generally serves as input to a remediation process whereby corrective actions are taken to prevent the problem from reoccurring. The name of this process varies from one application domain to another.
More Skills...
Based on recent job listings, in-demand skills in the Risk Analyst I field include Loss Prevention (2%), Information Security (1%), and Root Cause Analysis (1%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Loss Prevention €36,183
Loss Prevention
€36,183
2%
Information Security €35,828
Information Security
€35,828
1%
Root Cause Analysis €35,828
Root Cause Analysis
€35,828
1%
Loss Prevention
9.94%
Information Security
1.55%
Root Cause Analysis
4.74%
Job Openings for Risk Analyst I in Elche, Spain
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Elche (/ˈɛltʃeɪ/, Spanish: [ˈeltʃe]) or Elx (UK: /ɛltʃ/, US: /eɪlʃ/, Valencian: [ˈɛʎtʃ])[a] is a town and municipality of Spain, belonging to the province of Alicante, in the Valencian Community. According to 2014 data, Elche has a population of 228,647 inhabitants, making it the third most populated municipality in the region (after Valencia and Alicante) and the 20th largest Spanish municipality. It is part of the comarca of Baix Vinalopó. Part of the municipality is coastal yet the city proper is roughly 11 km (6.8 mi) away from the Mediterranean Sea. A small creek called Vinalopó flows th...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
City, Country Compared to national average
City, Country Madrid, ES Compared to national average
+ 9.0%
City, Country Bilbao, ES Compared to national average
+ 6.0%
City, Country Alicante, ES Compared to national average
-6.7%
City, Country Cordova, ES Compared to national average
-4.1%
City, Country Valladolid, ES Compared to national average
+ 2.0%
City, Country Vigo, ES Compared to national average
-5.9%
Employees with Risk Analyst I in their job title in Madrid, ES earn an average of 9.0% more than the national average. The lower salaries can be found in Alicante, ES (6.7% less), Vigo, ES (5.9% less), Cordova, ES (4.1% less).

Understand the base salary paid range for a Risk Analyst I in Elche, ES

Average Base Salary

Core compensation

27605
54217
35473
The chart shows the base salary for Risk Analyst I in Elche ranges from €27,605 to €54,217 with the average base salary of €35,473. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Risk Analyst I may get paid difference by industry, location, and factors.