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As of August 01, 2026, the average salary for a Risk Management Analyst in New York is $69,463 per year, which breaks down to an hourly rate of $33.
However, a Risk Management Analyst's salary can vary significantly. Here’s a look at the typical salary range:
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Risk Management Analyst Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $75,093 | $6,258 | $1,444 | $36 |
| Average | $69,463 | $5,789 | $1,336 | $33 |
| 25th Percentile | $65,123 | $5,427 | $1,252 | $31 |
The Bachrach Group - Woodbury, NY
Fin - New York, NY
Eagle Rock Properties - Plainview, NY
J.P. Morgan - New York City, NY
A Risk Management 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 Risk Management 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 |
|---|---|
| Risk Mana... Level Risk Management Analyst | $69,765 |
| Risk Anal... Level Risk Management Analyst | $85,701 |
| Risk Anal... Level Risk Management Analyst | $104,291 |
| Risk Anal... Level Risk Management Analyst | $132,193 |
| Risk Anal... Level Risk Management Analyst | $168,051 |
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 Risk Management 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 Risk Management 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, Risk Management Analyst positions in Hospitality & Leisure or Retail & Wholesale typically offer lower base pay, as these industries often view Risk Management Analyst as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $83,356 | $40.0 | 20% |
| Financial Services | $79,883 | $38.0 | 15% |
| Healthcare | $79,883 | $38.0 | 15% |
| Aerospace & Defense | $76,410 | $37.0 | 10% |
| Energy & Utilities | $76,410 | $37.0 | 10% |
Understanding how a Risk Management 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 | $75,093 | $6,258 | $1,444 | $36 |
| Average | $69,463 | $5,789 | $1,336 | $33 |
| 25th Percentile | $65,123 | $5,427 | $1,252 | $31 |
Ready to take the next step in your career? Browse thousands of current Risk Management Analyst job openings on our job board. Use the search bar below to find your perfect match.
CWA Recruiting
Nassau County, NY
CWA Recruiting | Nassau County, NY
Risk Management - Commercial Lines Account Manager. Property & Casualty Insurance. Nassau County, NY. Responsibilities. We are seeking an experienced Accou... more
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St. Lawrence Health System
Rochester, NY
St. Lawrence Health System | Rochester, NY
Clinical Risk Management Specialist. The Clinical Risk Management Specialist plays a pivotal role in enhancing patient safety and improving the quality of ... more
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LineSight Inc
New York City, NY
LineSight Inc | New York City, NY
OverviewAs an Associate Director, Risk Management at Linesight, you will lead highly experienced, culturally diverse, and passionate teams nurturing a stro... more
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Community Financial System, Inc.
Syracuse, NY
Community Financial System, Inc. | Syracuse, NY
OverviewOneGroup is a team of more than 200 insurance and risk management professionals who are ONE company acting as ONE team, with ONE focus and ONE miss... more
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Community Financial System, Inc.
Schenectady, NY
Community Financial System, Inc. | Schenectady, NY
Job Description. Job Description. Overview. At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personal... more
5 Days Ago
Brixmor Property Group
New York, NY
Brixmor Property Group | New York, NY
Job Description. Job Description. Overview. The Risk Management Coordinator plays a critical role within the Risk Management Department, supporting the tea... more
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