The average salary for a risk management specialist in Massachusetts is around $99,970 per year.
Avg Salary
Risk management specialists earn an average yearly salary of $99,970.
Wages typically start from $61,710 and go up to $155,150.
28% above national average Updated in 2025
Risk management specialist earnings by seniority
Top-level risk management specialist earnings begin at:
$74.59 per hour
$155,150 per year
Senior-level risk management specialist earnings begin at:
$60.93 per hour
$126,730 per year
Mid-level risk management specialist earnings begin at:
$48.06 per hour
$99,970 per year
Junior-level risk management specialist earnings begin at:
$37.99 per hour
$79,020 per year
Starting level risk management specialist earnings begin at:
$29.67 per hour
$61,710 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 Massachusetts. On average, they make less than accountants but more than budget analysts.
| Career | Median Salary |
|---|---|
| Accountant salary | $99K |
| Credit analyst salary | $97K |
| Cost estimator salary | $101K |
| Consultant salary | $101K |
| Mathematician salary | $104K |
| Financial quantitative analyst salary | $100K |
| Risk management specialist salary | $100K |
| Investment banker salary | $100K |
| Fraud analyst salary | $100K |
| Budget analyst salary | $92K |
Source: CareerExplorer (Aggregated)