The average salary for a risk management specialist in New York is around $107,490 per year.
Avg Salary
Risk management specialists earn an average yearly salary of $107,490.
Wages typically start from $55,370 and go up to $230,770.
72% above national average Updated in 2025
Risk management specialist earnings by seniority
Top-level risk management specialist earnings begin at:
$110.95 per hour
$230,770 per year
Senior-level risk management specialist earnings begin at:
$84.11 per hour
$174,950 per year
Mid-level risk management specialist earnings begin at:
$51.68 per hour
$107,490 per year
Junior-level risk management specialist earnings begin at:
$36.60 per hour
$76,140 per year
Starting level risk management specialist earnings begin at:
$26.62 per hour
$55,370 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 New York. On average, they make less than actuaries but more than business analysts.
| Career | Median Salary |
|---|---|
| Actuary salary | $156K |
| Credit analyst salary | $133K |
| Mathematician salary | $127K |
| Financial analyst salary | $128K |
| Statistician salary | $136K |
| Risk management specialist salary | $107K |
| Investment banker salary | $107K |
| Fraud analyst salary | $107K |
| Financial quantitative analyst salary | $107K |
| Business analyst salary | $112K |
Source: CareerExplorer (Aggregated)




