How Much Does an Associate Risk Analyst Make in Maryland?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Associate Risk Analyst in Maryland is $66,598. While Salary.com is seeing that Associate Risk Analyst salary in MD can go up to $83,301 or down to $50,040, but most earn between $57,931 and $75,341. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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Similar Job Salaries to Associate Risk Analyst by Company

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Company average base salary in (usd) range
Fincons Group
Senior Analyst Credit & Risk
$98,042/yr
$89,731
$106,353
RANGE: $89,731 - $106,353
Ice Miller LLP
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$108,289/yr
$97,827
$118,750
RANGE: $97,827 - $118,750
Zachary Piper
Cyber Risk Analyst
$105,847/yr
$95,833
$115,861
RANGE: $95,833 - $115,861
Procession Systems
Cybersecurity Risk Analyst
$141,899/yr
$130,631
$153,166
RANGE: $130,631 - $153,166
Morgan Stanley
Fraud/Risk Analytics Associate
$65,432/yr
$57,828
$73,037
RANGE: $57,828 - $73,037
Frederick Fox
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$83,651/yr
$76,329
$90,974
RANGE: $76,329 - $90,974
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$100,032/yr
$90,356
$109,708
RANGE: $90,356 - $109,708
EagleBank
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$122,251/yr
$110,638
$133,865
RANGE: $110,638 - $133,865
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$88,724
$106,383
RANGE: $88,724 - $106,383
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$108,173/yr
$98,527
$117,818
RANGE: $98,527 - $117,818

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Top 10 Highest Paying Cities For Associate Risk Analyst Jobs in Maryland

It is important to understand how location impacts your career prospects in the United States. There are some cities where an Associate Risk Analyst can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Associate Risk Analyst job salaries in Maryland. Some cities can pay higher salaries for Associate Risk Analyst jobs, which can indicate that there is a large demand for Associate Risk Analyst positions in this city.
The following table shows top 10 cities where the Associate Risk Analyst salary is higher than other cities in Maryland. Silver Spring takes first place in this list, followed by Bethesda, Potomac. The Associate Risk Analyst salary is $71,514 in Silver Spring, which is higher than the national average. There are 15 cities' Associate Risk Analyst salary higher than national average in Maryland.
The average salary for an Associate Risk Analyst in Maryland is $66,598, but we found that the city with the highest salary for Associate Risk Analyst jobs is Silver Spring, MD, and it is higher than Bethesda. Associate Risk Analyst jobs in Silver Spring can have the opportunity to earn higher salaries than in other cities in Maryland.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Silver Spring $71,514 $5,959 $1,375 $34
Bethesda $71,514 $5,959 $1,375 $34
Potomac $71,468 $5,956 $1,374 $34
Rockville $71,430 $5,952 $1,374 $34
Bowie $71,365 $5,947 $1,372 $34
Waldorf $71,320 $5,943 $1,372 $34
Gaithersburg $71,320 $5,943 $1,372 $34
Germantown $69,595 $5,800 $1,338 $33
Frederick $69,227 $5,769 $1,331 $33
Baltimore $66,598 $5,550 $1,281 $32

What Does an Associate Risk Analyst Do?

The research associate generally spends at least two years at that level before moving up the ladder, whether to a senior research associate role or research analyst position (most organizations place the analyst position above the associate position).
Updated December 22, 2021
Analysts begin in entry-level research associate positions after completing bachelor's degree programs.
Updated December 19, 2021
Associate in risk management (ARM) is a designation awarded to risk management professionals who have successfully completed the ARM program.
Updated December 12, 2021
Research associates work under the direction of a senior equity research analyst creating financial models and conducting research.
Updated December 12, 2021
Risk Analysts procure insurance and official bonds, administer contracts and supervise losses and loss adjustment.
Updated December 11, 2021

Frequently Asked Questions About an Associate Risk Analyst Salaries

What is the average of an Associate Risk Analyst in Maryland?

The Associate Risk Analyst salary range is from $57,931 to $75,341, and the average Associate Risk Analyst salary is $66,598/year in Maryland. The Associate Risk Analyst's salary will change in different locations.

Which location pays the highest Associate Risk Analyst salary in the United States?

The Associate Risk Analyst salary in San Jose, CA is $81,467 which is the highest in the US.

What kinds of reasons will influence the Associate Risk Analyst's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Associate Risk Analyst.

What is the growth rate of the Associate Risk Analyst's salary?

If you are thinking of becoming an Associate Risk Analyst or planning the next step in your career, find the detailed salary report of an Associate Risk Analyst.