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Risk Analyst III Salary in the United States

How much does a Risk Analyst III make in the United States?

As of October 01, 2026, the average salary for a Risk Analyst III in the United States is $96,712 per year, which breaks down to an hourly rate of $46.

However, a Risk Analyst III's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $104,633
  • Majority Range (25th-75th percentile): $88,800 to $100,858
  • Entry-Level (10th percentile): $81,597
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Risk Analyst III Salaries

A Risk Analyst III'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, education and company size can directly affect your earning potential.

How Experience Level Affects Risk Analyst III Salaries?

Experience is a primary driver of a Risk Analyst III'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:

  • Risk Analyst I (0-2 years): $64,699
  • Risk Analyst II (2-4 years): $80,992
  • Risk Analyst III (4-7 years): $96,712
  • Risk Analyst IV (7+ years): $122,614
  • Risk Analyst V (7-10 years): $155,895
Job Role Years of Experience Average Salary
Risk Analyst I0-2 years$64,699
Risk Analyst II2-4 years$80,992
Risk Analyst III4-7 years$96,712
Risk Analyst IV7+ years$122,614
Risk Analyst V7-10 years$155,895
View as Graph

How Do Risk Analyst III Salaries Vary from State to State?

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 IIIs. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $107,080.
  • California: $106,673.
  • Massachusetts: $105,252.

Top Paying Cities for Risk Analyst IIIs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $121,983
  • San Francisco: $120,647
  • Oakland: $118,105

What Skills Can Increase a Risk Analyst III's Salary?

Demanded Skills for the Role:

  • Risk Management (Mentioned in 19.3% Job Postings): 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.
  • Microsoft Office (Mentioned in 1.7% Job Postings): Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
  • Internal Control (Mentioned in 1.13% Job Postings): Internal control, as defined by accounting and auditing, is a process for assuring of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies.
Skills Demand Percentage
Risk Management 19.3%
Microsoft Office 1.7%
Internal Control 1.13%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Risk Analyst III's salary.

  • Coordination: Can increase your salary by up to 3%.
  • Communication Skills: Can increase your salary by up to 3%.
  • Trading: Can increase your salary by up to 3%.
Skill Salary Salary % Increase
Coordination $99,613
3%
Communication Skills $99,613
3%
Trading $99,613
3%
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Risk Analyst III Salary by Company Size: Startups vs. Enterprise

Risk Analyst III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $107,969. While startup companies pay approximate $91,422.

Risk Analyst III Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $91,422
Growth Stage 51~500 $96,667
Established 501~5000 $104,252
Enterprise 5000+ $107,969

Risk Analyst III Salary by Industry: Top Paying Sectors

For Risk Analyst III roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Business Services sectors offer the strongest compensation, at 20% above the average. In contrast, Risk Analyst positions in Biotechnology or Transportation typically offer lower base pay, as these industries often view Risk Analyst III as a support function rather than a direct revenue driver.

The top paying industry for a Risk Analyst III

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Aerospace & Defense$116,054$56.020%

How Education impacts a Risk Analyst III's Salary?

Your level of education can impact your salary potential. While many Risk Analyst III enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Risk Analyst III with a Bachelor's Degree is between $98,816 and $106,245.

Risk Analyst III Salaries by Degree Level

Typical Education for Risk Analyst III
Degree Level % of user with this level of education
No Diploma 3.1%
High School 3.1%
Associates 1.0%
Bachelors 41.1%
Masters 47.9%
Doctorate 6.8%
View as Graph

Risk Analyst III Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Risk Analyst III'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 October 01, 2026
$88,800
Average $96,712/year
$100,858
$7,400
Average $8,059/month
$8,405
$1,708
Average $1,860/week
$1,940
$43
Average $46/hour
$48
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $100,858 $8,405 $1,940 $48
Average $96,712 $8,059 $1,860 $46
25th Percentile $88,800 $7,400 $1,708 $43

Risk Analyst III Salary Growth & Career Path

Risk Analyst III

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As a Risk Analyst III, 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 $156,691 62%
Insurance Risk Analyst IV $122,614 27%
Risk Analyst IV $122,614 27%

Most common benefits for Risk Analyst III

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Risk Analyst III

Here are companies hiring for Risk Analyst III and their salaries, click below for more details.

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FAQ about Risk Analyst III

1. Where can a Risk Analyst III earn the most?

A Risk Analyst III'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 III earns the most in San Jose, CA, where the annual salary of a Risk Analyst III is $121,983.

2. What is the highest pay for Risk Analyst III?

The highest pay for Risk Analyst III is $104,633.

3. What is the lowest pay for Risk Analyst III?

The lowest pay for Risk Analyst III is $81,597.

4. What are the responsibilities of Risk Analyst III?

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.

5. What industry pays the highest salary for Risk Analyst III?

The Aerospace & Defense industry offers the highest average compensation for Risk Analyst III roles, with salaries approximately 20% above the market median.

Where Does Our Salary Data Come From?

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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