As of July 01, 2026, the average salary for a Senior Risk Adjustment Analyst in the United States is $85,686 per year, which breaks down to an hourly rate of $41.
However, a Senior Risk Adjustment Analyst's salary can vary significantly. Here’s a look at the typical salary range:
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A Senior Risk Adjustment Analyst'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 Senior Risk Adjustment Analyst'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 Adjustment Analyst | 2-4 years | $76,215 |
| Senior Risk Adjustment Analyst | 4-7 years | $85,686 |
| Risk Adjustment Manager | 7+ years | $102,422 |
| Risk Adjustment Director | 7+ years | $161,132 |
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 Senior Risk Adjustment Analysts. For example, consider the average annual salaries in these key locations:
Senior Risk Adjustment Analyst salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $92,653. While startup companies pay approximate $78,526.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $78,526 |
| Growth Stage | 51~500 | $83,017 |
| Established | 501~5000 | $89,518 |
| Enterprise | 5000+ | $92,653 |
For Senior Risk Adjustment Analyst roles, the industry you choose can affect earning potential by as much as 70% (the gap between the highest and lowest paying industries). Data shows that the Healthcare and Financial Services sectors offer the strongest compensation, at 40% above the average. In contrast, Senior Risk Adjustment Analyst positions in Insurance or Edu., Gov't & Nonprofit typically offer lower base pay, as these industries often view Senior Risk Adjustment Analyst as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Healthcare | $119,960 | $58.0 | 40% |
| Financial Services | $111,392 | $54.0 | 30% |
Understanding how a Senior Risk Adjustment Analyst'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, 2026For a Senior Risk Adjustment Analyst, the most direct path to higher earnings is advancing to the Risk Adjustment Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $102,422 - a projected growth of 20% over your current level.
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A Senior Risk Adjustment Analyst'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 Senior Risk Adjustment Analyst earns the most in San Jose, CA, where the annual salary of a Senior Risk Adjustment Analyst is $108,076.
The highest pay for Senior Risk Adjustment Analyst is $102,962.
The lowest pay for Senior Risk Adjustment Analyst is $70,341.
Analyzes healthcare data to assess patient risk scores and ensure accurate reimbursement calculations. Utilizes patient health factors, their likely use of health care services, and the costs of those services to calculate payment adjustments, forecast revenue impacts, and identify coding gaps. Reviews medical claims, encounter data, and electronic health records to ensure proper coding of diagnoses and accurate reporting to government healthcare programs. Prepares reports on risk adjustment performance and recommends strategies to optimize financial performance while maintaining regulatory compliance. 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.
The Healthcare industry offers the highest average compensation for Senior Risk Adjustment Analyst roles, with salaries approximately 40% above the market median.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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