As of August 01, 2026, the average salary for a Risk Modeler in Boykin, AL is $86,871 per year, which breaks down to an hourly rate of $42.
However, a Risk Modeler's salary can vary significantly. Here’s a look at the typical salary range:
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A Risk Modeler'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, skills and company size can directly affect your earning potential.
Experience is a primary driver of a Risk Modeler'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:
| Levels | Salary |
|---|---|
| Regulator... Level Risk Modeler | $61,054 |
| Regulator... Level Risk Modeler | $72,315 |
| Risk Mode... Level Risk Modeler | $89,048 |
| Regulator... Level Risk Modeler | $112,506 |
| Regulator... Level Risk Modeler | $129,495 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 2.53% |
| Chemistry | 2.52% |
| Technical Documentation | 1.37% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Oncology
|
$93,821 |
8%
|
|
Coordination
|
$91,215 |
5%
|
|
Clinical Trial
|
$90,346 |
4%
|
|
Teamwork
|
$90,346 |
4%
|
|
Project Management
|
$89,478 |
3%
|
|
Adobe
|
$89,478 |
3%
|
For Risk Modeler roles, the industry you choose can affect earning potential by as much as 86% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Biotechnology sectors offer the strongest compensation, at 40% above the average. In contrast, Risk Modeler positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view Risk Modeler as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Pharmaceuticals | $121,620 | $58.0 | 40% |
| Biotechnology | $108,589 | $52.0 | 25% |
| Internet | $102,508 | $49.0 | 18% |
| Energy & Utilities | $99,902 | $48.0 | 15% |
| Insurance | $97,296 | $47.0 | 12% |
Understanding how a Risk Modeler'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 August 01, 2026Ready to take the next step in your career? Browse thousands of current Risk Modeler job openings on our job board. Use the search bar below to find your perfect match.
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