As of July 01, 2026, the average salary for a Risk Modeling Analyst II in the United States is $83,356 per year, which breaks down to an hourly rate of $40.
However, a Risk Modeling Analyst II's salary can vary significantly. Here’s a look at the typical salary range:
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A Risk Modeling Analyst II'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 II'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 | $67,655 |
| Risk Modeling Analyst II | 2-4 years | $83,356 |
| Risk Modeling Analyst III | 4-7 years | $115,091 |
| Risk Modeling Analyst IV | 7+ years | $133,029 |
| Risk Modeling Analyst V | 7-10 years | $154,289 |
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 IIs. For example, consider the average annual salaries in these key locations:
Risk Modeling Analyst II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $93,361. While startup companies pay approximate $78,969.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $78,969 |
| Growth Stage | 51~500 | $83,518 |
| Established | 501~5000 | $90,161 |
| Enterprise | 5000+ | $93,361 |
For Risk Modeling Analyst II roles, the industry you choose can affect earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Internet sectors offer the strongest compensation, at 22% above the average. In contrast, Risk Modeling Analyst positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Risk Modeling Analyst II as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Pharmaceuticals | $101,694 | $49.0 | 22% |
| Internet | $100,027 | $48.0 | 20% |
| Aerospace & Defense | $93,359 | $45.0 | 12% |
| Energy & Utilities | $91,692 | $44.0 | 10% |
| Financial Services | $91,692 | $44.0 | 10% |
Understanding how a Risk Modeling Analyst II'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 July 01, 2026Promotions are the fastest way to increase your earnings. As a Risk Modeling Analyst II, 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 III | $115,091 | 38% |
| Asset/Liability Manager | $115,030 | 38% |
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A Risk Modeling Analyst II'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 II earns the most in San Jose, CA, where the annual salary of a Risk Modeling Analyst II is $105,137.
The highest pay for Risk Modeling Analyst II is $96,204.
The lowest pay for Risk Modeling Analyst II is $67,241.
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. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience.
The Pharmaceuticals industry offers the highest average compensation for Risk Modeling Analyst II roles, with salaries approximately 22% above the market median.
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