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As of September 01, 2026, the average salary for a Junior Risk Analyst in Massachusetts is $72,687 per year, which breaks down to an hourly rate of $35.
However, a Junior Risk Analyst's salary can vary significantly. Here’s a look at the typical salary range:
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Junior Risk Analyst Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $79,160 | $6,597 | $1,522 | $38 |
| Average | $72,687 | $6,057 | $1,398 | $35 |
| 25th Percentile | $68,408 | $5,701 | $1,316 | $33 |
The Hartford Financial Services Group, Inc. - Boston, MA
Venturefizz Product Management Community - Boston, MA
Teamwork Online - Stoughton, MA
Technical And Project Engineering - Norwood, MA
A Junior Risk 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 Junior Risk 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:
| Levels | Salary |
|---|---|
| Junior Ri... Level Junior Risk Analyst | $72,211 |
| Risk Anal... Level Junior Risk Analyst | $88,710 |
| Risk Anal... Level Junior Risk Analyst | $107,945 |
| Risk Anal... Level Junior Risk Analyst | $136,839 |
| Risk Anal... Level Junior Risk Analyst | $173,969 |
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 Junior Risk Analysts. For example, consider the average annual salaries in these key locations:
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:
For Junior Risk Analyst 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 Biotechnology and Financial Services sectors offer the strongest compensation, at 20% above the average. In contrast, Junior Risk Analyst positions in Hospitality & Leisure or Retail & Wholesale typically offer lower base pay, as these industries often view Junior Risk Analyst as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $87,224 | $42.0 | 20% |
| Financial Services | $83,590 | $40.0 | 15% |
| Healthcare | $83,590 | $40.0 | 15% |
| Aerospace & Defense | $79,955 | $38.0 | 10% |
| Energy & Utilities | $79,955 | $38.0 | 10% |
Understanding how a Junior Risk 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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $79,160 | $6,597 | $1,522 | $38 |
| Average | $72,687 | $6,057 | $1,398 | $35 |
| 25th Percentile | $68,408 | $5,701 | $1,316 | $33 |
Ready to take the next step in your career? Browse thousands of current Junior Risk Analyst job openings on our job board. Use the search bar below to find your perfect match.
Cape Cod Healthcare
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Boston, MA
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Framingham, MA
Global Channel Management, Inc. | Framingham, MA
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SynergisticIT
Boston, MA
SynergisticIT | Boston, MA
SynergisticIT Job Opportunities. Since 2010, we've helped thousands of candidates land full-time jobs at tech leaders like Google, Apple, PayPal, Visa, Wes... more
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SonSoft Inc.
, MA
SonSoft Inc. | , MA
Jr. Business Analyst Must Have Strong Documentation Experience (No H1B). Sonsoft, Inc. is a USA based corporation duly organized under the laws of the Comm... more
8 Days Ago
Angenex
PATERSON, NJ
Angenex | PATERSON, NJ
Responsibilities: Provide essential support as a Junior Data Analyst, offering valuable insights for data-driven decision-making, primarily concentrating o... more
5 Days Ago
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