As of May 01, 2026, the average salary for a Risk Modeling Analyst I in the United States is $67,649 per year, which breaks down to an hourly rate of $33.
However, a Risk Modeling Analyst I's salary can vary significantly. Here’s a look at the typical salary range:
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A Risk Modeling Analyst I'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 Modeling Analyst I'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 Modeling Analyst I | 0-2 years | $67,649 |
| Risk Modeling Analyst II | 2-4 years | $83,358 |
| Risk Modeling Analyst III | 4-7 years | $115,077 |
| Risk Modeling Analyst IV | 7+ years | $133,004 |
| Risk Modeling Analyst V | 7-10 years | $154,280 |
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 Modeling Analyst Is. For example, consider the average annual salaries in these key locations:
Understanding how a Risk Modeling Analyst I'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 01, 2026Promotions are the fastest way to increase your earnings. As a Risk Modeling Analyst I, 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 |
|---|---|---|
| Risk Modeling Analyst II | $83,358 | 23% |
| Asset/Liability Analyst | $92,198 | 36% |
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Ready to take the next step in your career? Browse thousands of current Risk Modeling Analyst I job openings on our job board. Use the search bar below to find your perfect match.
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A Risk Modeling Analyst I'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 Modeling Analyst I earns the most in San Jose, CA, where the annual salary of a Risk Modeling Analyst I is $85,326.
The highest pay for Risk Modeling Analyst I is $83,215.
The lowest pay for Risk Modeling Analyst I is $65,800.
Utilizes risk modeling techniques to identify, quantify, and forecast potential risk scenarios of an organization. Gathers and analyzes pertinent data to create or strengthen models that forecast risk exposure and help make informed business decisions. Continuously monitors the economic and business landscape to update, review, or validate models as new data becomes available. Collaborates with outside departments to gather information and communicate findings or recommendations of analysis. Defines, documents, and summarizes methodologies, assumptions, and results of risk models and prepares reports for management. Requires a bachelor's degree. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience.
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