How much does a Risk Analyst I make in Chicago, IL? The average Risk Analyst I salary in Chicago, IL is $62,431 as of September 25, 2020, but the range typically falls between $54,178 and $73,091. 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 online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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25% $54,178 10% $46,664 90% $82,797 75% $73,091 $62,431 50%(Median) View your Salary
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Job Description for Risk Analyst I

Risk Analyst I performs risk analysis studies in order to maintain maximum protection of an organization's assets. Evaluates and forecasts potential losses while determining solutions to minimize or eliminate risks. Being a Risk Analyst I compiles reports containing appraisal findings. Supports senior analysts and managers in data analysis or risk model construction. Additionally, Risk Analyst I may require a bachelor's degree. Typically reports to a supervisor or manager. The Risk Analyst I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Risk Analyst I typically requires 0-2 years of related experience. (Copyright 2020 Salary.com)... View full job description

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Job Openings for Risk Analyst I in Chicago, IL
Those that have already made the climb...
Vincent Palazzolo, Chief Financial Officer
CPI Aerostructures, Inc. engages in the contract production of structural aircraft parts for fixed wing aircraft and helicopters in the commercial and defense markets. The company also offers aero systems, such as reconnaissance pod structures and fuel panel systems; and supplies parts for maintenance, repair, and over... More
Fiscal Year Ended in 2018
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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.6%
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average
-0.7%

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Understand the total compensation opportunity for a Risk Analyst I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
54178
73091
62431

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
55481
76361
64333
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Risk Analyst I in Chicago, IL. The base salary for Risk Analyst I ranges from $54,178 to $73,091 with the average base salary of $62,431. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $55,481 to $76,361 with the average total cash compensation of $64,333.
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54178
73091

 

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About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Chicago, Illinois

Risk Analyst I Salary in popular cities: AuroraRockfordJoliet

Skills associated with Risk Analyst I: Risk Assessment, Risk Identification Model, Financial Risk Management Software, Risk Analysis ...More

Salary estimation for Risk Analyst I at companies like : CPI AEROSTRUCTURES INC, DORIAN LPG LTD, HOWMET AEROSPACE INC

Jobs with a similar salary range to Risk Analyst I : Railroad Operations, Junior Risk Analyst, Manufacturing Quality Supervisor