How much does a Risk Management Analyst I - Healthcare make in the United States? The average Risk Management Analyst I - Healthcare salary in the United States is $77,879 as of February 26, 2024, but the range typically falls between $68,128 and $87,375. 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. 

Risk Management Analyst I - Healthcare Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Risk Management Analyst I - Healthcare Salary $59,251 US February 26, 2024
25th Percentile Risk Management Analyst I - Healthcare Salary $68,128 US February 26, 2024
50th Percentile Risk Management Analyst I - Healthcare Salary $77,879 US February 26, 2024
75th Percentile Risk Management Analyst I - Healthcare Salary $87,375 US February 26, 2024
90th Percentile Risk Management Analyst I - Healthcare Salary $96,019 US February 26, 2024
25% $68,128 10% $59,251 90% $96,019 75% $87,375 $77,879 50%(Median) Didn’t find job title? Click
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Check out Risk Management Analyst I - Healthcare jobs in Ashburn, Virginia

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What skills does a Risk Management Analyst I - Healthcare need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Risk Management: 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.

2.

Financial services: A services provided by the finance industry, which encompasses a broad range of businesses that manage money. These services involve banking, brokerage, mortgages, credit cards, payment services, real estate, investment funds, taxes and accounting.

3.

SQL: Structured Query Language) is a domain-specific language used in programming and designed for managing data held in a relational database management system (RDBMS), or for stream processing in a relational data stream management system (RDSMS).

Risk Management 2.3%
Financial services 0.1%
SQL 0.07%
Others 97.53%

Job Description for Risk Management Analyst I - Healthcare

Risk Management Analyst I - Healthcare 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. Being a Risk Management Analyst I - Healthcare identifies loss trends by analyzing incident reports, claim and insurance data. Utilizes advanced data analysis tools and techniques. Additionally, Risk Management Analyst I - Healthcare requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Risk Management Analyst I - Healthcare occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Risk Management Analyst I - Healthcare typically requires 2-4 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Career Path for Risk Management Analyst I - Healthcare

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Risk Management Analyst I - Healthcare, the upper level is Risk Management Analyst II - Healthcare and then progresses to Risk Management Director - Healthcare.

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Risk Management Analyst I - Healthcare salary varies from city to city. Compared with national average salary of Risk Management Analyst I - Healthcare, the highest Risk Management Analyst I - Healthcare salary is in San Francisco, CA, where the Risk Management Analyst I - Healthcare salary is 25.0% above. The lowest Risk Management Analyst I - Healthcare salary is in Miami, FL, where the Risk Management Analyst I - Healthcare salary is 2.9% lower than national average salary.

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
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

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

Average Base Salary

Core compensation

 
 
 
68128
87375
77879

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
70456
91498
81970
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Risk Management Analyst I - Healthcare in the United States. The base salary for Risk Management Analyst I - Healthcare ranges from $68,128 to $87,375 with the average base salary of $77,879. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $70,456 to $91,498 with the average total cash compensation of $81,970.
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68128
87375

 

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Skills associated with Risk Management Analyst I - Healthcare: Business Analytics, Risk Assessment, Risk Analysis, Financial Risk Management Software ...More

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Risk Management Analyst I - Healthcare Salary in United States
Risk Management Analyst I - Healthcare Salary Graph, Regional Distribution and Summary