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Risk Modeler Salary in Dexter, MI

How much does a Risk Modeler make in Dexter, MI?

As of October 01, 2026, the average salary for a Risk Modeler in Dexter, MI is $98,112 per year, which breaks down to an hourly rate of $47.

However, a Risk Modeler's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $113,574
  • Majority Range (25th-75th percentile): $86,320 to $106,205
  • Entry-Level (10th percentile): $75,585
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Risk Modeler Salaries

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.

How Experience Level Affects Risk Modeler Salaries?

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:

  • Entry-Level (less than 1 year): $68,953
  • Early Career (1-2 years): $81,670
  • Mid-Level (2-4 years): $100,568
  • Senior-Level (5-8 years): $127,070
  • Expert (over 8 years): $146,268
Levels Salary
Regulator... Level Risk Modeler$68,953
Regulator... Level Risk Modeler$81,670
Risk Mode... Level Risk Modeler$100,568
Regulator... Level Risk Modeler$127,070
Regulator... Level Risk Modeler$146,268
View as Graph

Top Paying Cities for Risk Modelers

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: $124,618
  • San Francisco: $123,254
  • Oakland: $120,656

What Skills Can Increase a Risk Modeler's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 2.53% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Chemistry (Mentioned in 2.52% Job Postings): Chemistry is the branch of science that deals with the composition, structure, and properties of substances of which matter is composed.
  • Technical Documentation (Mentioned in 1.37% Job Postings): Is a generic term for the classes of information created to describe (in technical language) the use, functionality or architecture of a product, system or service.
Skills Demand Percentage
Analysis 2.53%
Chemistry 2.52%
Technical Documentation 1.37%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Risk Modeler's salary.

  • Oncology: Can increase your salary by up to 8%.
  • Coordination: Can increase your salary by up to 5%.
  • Clinical Trial: Can increase your salary by up to 4%.
Skill Salary Salary % Increase
Oncology $105,961
8%
Coordination $103,017
5%
Clinical Trial $102,036
4%
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Risk Modeler Salary by Industry: Top Paying Sectors

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.

The top paying industries for a Risk Modeler

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Pharmaceuticals$137,356$66.040%
Biotechnology$122,640$59.025%
Internet$115,772$56.018%
Energy & Utilities$112,829$54.015%
Insurance$109,885$53.012%

Risk Modeler Salary: Hourly Rate, Weekly Pay, and Monthly Pay

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 October 01, 2026
$86,320
Average $98,112/year
$106,205
$7,193
Average $8,176/month
$8,850
$1,660
Average $1,887/week
$2,042
$42
Average $47/hour
$51
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $106,205 $8,850 $2,042 $51
Average $98,112 $8,176 $1,887 $47
25th Percentile $86,320 $7,193 $1,660 $42

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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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