Risk Management Analyst Salaries in Michigan
How Much Does a Risk Management Analyst Make in Michigan?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Risk Management Analyst in Michigan is $63,608.
While Salary.com is seeing that Risk Management Analyst salary in MI can go up to $79,560
or down to $47,793, but most earn between $55,330 and $71,958.
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.
Related Job Titles to Risk Management Analyst
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Similar Job Salaries to Risk Management Analyst by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Jackson National Life
Sr. Risk Analyst, Financial Risk Management
|
$95,295/yr
|
RANGE: $87,423 - $103,167
|
|
DTE Energy
Sr Enterprise Risk Management Analyst
|
$97,706/yr
|
RANGE: $89,492 - $105,920
|
|
Lucid Motors
Sr. Cybersecurity Analyst, Risk Management
|
$108,780/yr
|
RANGE: $99,464 - $118,095
|
|
Lensa
Sr. Analyst, Risk Management - Market Risk (Remote Consideration)
|
$86,390/yr
|
RANGE: $78,434 - $94,345
|
|
Delta System & Software, Inc.
SAP TRM (Treasury & Risk Management) Analyst
|
$84,627/yr
|
RANGE: $76,371 - $92,883
|
|
beBee Careers
Risk Management Specialist
|
$95,783/yr
|
RANGE: $86,874 - $104,692
|
|
Michigan First Credit Union
Risk Management Specialist
|
$56,519/yr
|
RANGE: $51,834 - $61,204
|
|
Schoolcraft College
Risk Management Coordinator
|
$92,623/yr
|
RANGE: $83,185 - $102,061
|
|
Epredia
Risk Management Specialist ||
|
$90,439/yr
|
RANGE: $82,644 - $98,235
|
|
Aspire Rural Health System
Risk Management Specialist
|
$101,752/yr
|
RANGE: $92,733 - $110,772
|
Top 10 Highest Paying Cities For Risk Management Analyst Jobs in Michigan
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Risk Management 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 Risk Management Analyst job salaries in Michigan.
Some cities can pay higher salaries for Risk Management Analyst jobs, which can indicate that there is a large demand for Risk Management Analyst positions in this city.
The following table shows top 10 cities where the Risk Management Analyst salary is higher than other cities in Michigan.
Ann Arbor takes first place in this list, followed by Canton, Novi.
The Risk Management Analyst salary is $64,932 in Ann Arbor,
which is higher than the national average. There are 6 cities' Risk Management Analyst salary higher than national average in Michigan.
The average salary for a Risk Management Analyst in Michigan is $63,608,
but we found that the city with the highest salary for Risk Management Analyst jobs is Ann Arbor, MI, and it is higher than Canton.
Risk Management Analyst jobs in Ann Arbor can have the opportunity to earn higher salaries than in other cities in Michigan.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Ann Arbor | $64,932 | $5,411 | $1,249 | $31 |
| Canton | $64,829 | $5,402 | $1,247 | $31 |
| Novi | $64,622 | $5,385 | $1,243 | $31 |
| Detroit | $64,596 | $5,383 | $1,242 | $31 |
| Warren | $64,596 | $5,383 | $1,242 | $31 |
| Dearborn | $64,596 | $5,383 | $1,242 | $31 |
| Dearborn Heights | $64,564 | $5,380 | $1,242 | $31 |
| Royal Oak | $64,525 | $5,377 | $1,241 | $31 |
| Westland | $64,506 | $5,375 | $1,240 | $31 |
| Taylor | $64,493 | $5,374 | $1,240 | $31 |
What Does a Risk Management Analyst Do?
Intangible risk management allows risk management to create immediate value from the identification and reduction of risks that reduce productivity.
Updated November 29, 2021
They may also require a minimum of 2-3 years experience in a risk analyst or financial analyst position, depending on the needs of the recruiter.
Updated October 30, 2021
A good risk management plan should contain a schedule for control implementation and responsible persons for those actions.
Updated October 19, 2021
This use of the ACAT acronym is reminiscent of another ACAT (for Acquisition Category) used in US Defense industry procurements, in which Risk Management figures prominently in decision making and planning.
Updated December 19, 2021
Norwegian academic Petri Keskitalo defines "contractual risk management" as "a practical, proactive and systematical contracting method that uses contract planning and governance to manage risks connected to business activities".
Updated December 19, 2021
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Explore JobArchitectFrequently Asked Questions About a Risk Management Analyst Salaries
What is the average of a Risk Management Analyst in Michigan?
The Risk Management Analyst salary range is from $55,330 to $71,958, and the average Risk Management Analyst salary is $63,608/year in Michigan.
The Risk Management Analyst's salary will change in different locations.
Which location pays the highest Risk Management Analyst salary in the United States?
The Risk Management Analyst salary in San Jose, CA is $81,467
which is the highest in the US.
What kinds of reasons will influence the Risk Management 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 Risk Management Analyst.
What is the growth rate of the Risk Management Analyst's salary?
If you are thinking of becoming a Risk Management Analyst or planning the next step in your career, find the detailed salary report of a Risk Management Analyst.
