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Hourly Wage for Risk Modeling Analyst III Salary in the United States

What is the highest and lowest hourly pay for Risk Modeling Analyst III?

As of July 01, 2026, the average hourly rate for a Risk Modeling Analyst III in the United States is $55, which translates to an annual salary of about $115,091.

However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:

  • Top Earners (90th percentile): $68 per hour
  • Majority Range (25th-75th percentile): $51 to $62 per hour
  • Entry-Level (10th percentile): $48 per hour
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View as table View as graph 25% $51 10% $48 90% $68 75% $62 $55 50%(Median) Didn’t find job title? Click

Risk Modeling Analyst III Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $128,780 $10,732 $2,477 $62
Average $115,091 $9,591 $2,213 $55
25th Percentile $106,700 $8,892 $2,052 $51
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Key Factors That Influence Risk Modeling Analyst III Salaries

A Risk Modeling 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, and company size can directly affect your earning potential.

How Experience Level Affects Risk Modeling Analyst Salaries?

Experience is a primary driver of a Risk Modeling 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 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
Job Role Years of Experience Average Salary
Risk Modeling Analyst I0-2 years$67,655
Risk Modeling Analyst II2-4 years$83,356
Risk Modeling Analyst III4-7 years$115,091
Risk Modeling Analyst IV7+ years$133,029
Risk Modeling Analyst V7-10 years$154,289
$67,655 Risk Mode...
$83,356 Risk Mode...
$115,091 Risk Mode...
$133,029 Risk Mode...
$154,289 Risk Mode...
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What Am I Worth?

How Do Risk Modeling 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 Modeling Analyst IIIs. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $127,429.
  • California: $126,945.
  • Massachusetts: $125,254.

Top Paying Cities for Risk Modeling 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: $145,164
  • San Francisco: $143,575
  • Oakland: $140,549

Risk Modeling Analyst III Salary by Company Size: Startups vs. Enterprise

Risk Modeling Analyst III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $128,905. While startup companies pay approximate $109,033.

Risk Modeling Analyst III Salary by Company Size

Company Size Employees Average Salary
Startup1~50$109,033
Growth Stage51~500$115,315
Established501~5000$124,486
Enterprise5000+$128,905

Risk Modeling Analyst III Salary by Industry: Top Paying Sectors

For Risk Modeling Analyst III roles, the industry you choose can affect earning potential by as much as 51% (the gap between the highest and lowest paying industries). Data shows that the Energy & Utilities and Biotechnology sectors offer the strongest compensation, at 20% above the average. In contrast, Risk Modeling Analyst positions in Financial Services or Hospitality & Leisure typically offer lower base pay, as these industries often view Risk Modeling Analyst III as a support function rather than a direct revenue driver.

The top paying industries for a Risk Modeling Analyst III

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Energy & Utilities$138,109$66.020%
Biotechnology$132,355$64.015%
Chemicals$128,902$62.012%
Aerospace & Defense$126,600$61.010%
Business Services$124,298$60.08%

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

Understanding how a Risk Modeling 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.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on July 01, 2026
$106,700
Average $115,091/year
$128,780
$8,892
Average $9,591/month
$10,732
$2,052
Average $2,213/week
$2,477
$51
Average $55/hour
$62
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $128,780 $10,732 $2,477 $62
Average $115,091 $9,591 $2,213 $55
25th Percentile $106,700 $8,892 $2,052 $51

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FAQ about Risk Modeling Analyst III

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

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

2. What are the responsibilities of Risk Modeling Analyst III?

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 generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience.

Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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