The average salary for a risk management specialist in Colorado is around $87,430 per year.
Avg Salary
Risk management specialists earn an average yearly salary of $87,430.
Wages typically start from $60,300 and go up to $140,610.
28% above national average Updated in 2025
Risk management specialist earnings by seniority
Top-level risk management specialist earnings begin at:
$67.60 per hour
$140,610 per year
Senior-level risk management specialist earnings begin at:
$55.42 per hour
$115,270 per year
Mid-level risk management specialist earnings begin at:
$42.03 per hour
$87,430 per year
Junior-level risk management specialist earnings begin at:
$33.30 per hour
$69,260 per year
Starting level risk management specialist earnings begin at:
$28.99 per hour
$60,300 per year
Approximate values based on highest and lowest earning segments.
Risk management specialist salary by state
| State Name | Average Salary |
|---|---|
| Massachusetts | $99,970 |
| New Jersey | $98,630 |
| Virginia | $92,930 |
| Indiana | $92,410 |
| Ohio | $90,060 |
| Colorado | $87,430 |
| Alabama | $87,110 |
| South Dakota | $86,260 |
| West Virginia | $86,200 |
| New Hampshire | $83,590 |
| Minnesota | $83,280 |
| Oregon | $83,080 |
| Arizona | $81,180 |
| Illinois | $81,180 |
| Connecticut | $81,090 |
| Washington | $80,930 |
| North Carolina | $80,900 |
| California | $80,810 |
| Delaware | $80,610 |
| New Mexico | $80,610 |
| Idaho | $79,440 |
| Iowa | $79,390 |
| Rhode Island | $78,990 |
| Pennsylvania | $78,610 |
| North Dakota | $78,260 |
| Georgia | $77,540 |
| Hawaii | $77,190 |
| Alaska | $77,070 |
| Oklahoma | $76,980 |
| Utah | $76,530 |
| South Carolina | $76,400 |
| Montana | $76,350 |
| Wyoming | $75,810 |
| Missouri | $75,800 |
| Vermont | $75,270 |
| Michigan | $75,040 |
| Mississippi | $73,920 |
| Texas | $71,650 |
| Guam | $71,410 |
| Tennessee | $69,240 |
| Nebraska | $66,290 |
| Kentucky | $65,690 |
| Wisconsin | $64,420 |
| Nevada | $61,930 |
| Florida | $61,660 |
| Arkansas | $60,600 |
| Louisiana | $59,860 |
| Kansas | $51,160 |
| Puerto Rico | $30,470 |
| District of Columbia | $125,110 |
| Maine | $109,060 |
| New York | $107,490 |
| Maryland | $101,400 |
How do risk management specialist salaries compare to similar careers?
Risk management specialists earn about the same as related careers in Colorado. On average, they make less than budget analysts but more than cost estimators.
| Career | Median Salary |
|---|---|
| Budget analyst salary | $97K |
| Credit analyst salary | $81K |
| Market research analyst salary | $93K |
| Consultant salary | $86K |
| Loan officer salary | $95K |
| Fraud analyst salary | $87K |
| Financial quantitative analyst salary | $87K |
| Investment banker salary | $87K |
| Risk management specialist salary | $87K |
| Cost estimator salary | $87K |
Source: CareerExplorer (Aggregated)