Average Risk Analyst Salary

The average Risk Analyst salary in UK is £55,364.70
The hourly average pay for a Risk Analyst salary in UK is £26.62
The starting salary for a junior Risk Analyst in UK is £26,000.00 per year or £12.50 per hour

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Financial risk analysts identify and analyse the areas of potential risk threatening the assets, earning capacity or success of organisations in the industrial, commercial or public sector. They are responsible for predicting change and future trends, as well as forecasting cost to the organisation.

Average Salary: £55,364.70

Min: £26,000.00 Max: £104,357.00

Average Risk Analyst Salary in UK : £55,364.70


Read about Risk Analyst salaries, related jobs and salary information across the UK

Risk Analyst Salary data from the ONS

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Salary by Region

Compare Risk Analyst salaries across different regions

Region Salary
Scotland £47,817.31
Wales £43,612.72
Northern Ireland £30,904.29
East Midlands £34,542.17
Eastern £67,162.92
London £63,136.87
North East £32,972.22
North West £41,162.79
South East £38,990.24
South West £39,410.33
West Midlands £49,728.40
Yorkshire and the Humber £34,133.80

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Understanding the Average Risk Analyst Salary in the UK

As a Risk Analyst in the UK, it is important to have a clear understanding of the average salary in the field of Information Technology (IT). According to checkasalary.co.uk, the average salary for IT professionals can vary depending on factors such as experience, qualifications, and location. However, the average salary for a Risk Analyst in the UK is estimated to be around £55,400 per year. This figure can serve as a useful benchmark when considering your salary expectations in this role.

Salary Expectations for Newly Qualified Risk Analyst

If you are a newly qualified Risk Analyst in the UK, it is important to have realistic salary expectations. Entry-level positions in this field may offer salaries ranging from £26,000 to £104,400 per year. These figures can vary depending on the industry, company size, and location. To explore job opportunities and find out more about the salary expectations for newly qualified Risk Analysts, you can visit this job search website.

Salaries for Experienced Risk Analyst

As you gain experience and expertise in the field of Risk Analysis, your earning potential as a Risk Analyst in the UK can increase significantly. Experienced Risk Analysts can expect to earn higher salaries compared to their entry-level counterparts. The exact salary range for experienced Risk Analysts can vary, but it is not uncommon to earn between £26,000 and £104,400 per year. To explore job opportunities and find out more about the salaries for experienced Risk Analysts, you can visit this job search website.

Creating a Risk Analyst CV

When applying for a Risk Analyst position in the UK, having a well-crafted CV is essential. A CV that highlights your skills, qualifications, and experience can greatly increase your chances of securing a job in this competitive field. To help you create an impressive CV, you can use a CV template specifically designed for Risk Analysts. This template provides a comprehensive guide on how to structure and present your CV effectively.

Career Development Opportunities for Risk Analyst

As a Risk Analyst in the UK, there are various career development opportunities available to help you progress in your field. Whether you are looking to specialize in a specific area of risk analysis or advance into managerial roles, it is important to stay informed about the latest trends and advancements in the industry. To gain valuable insights and guidance on career development as a Risk Analyst, you can explore career advice specifically tailored for professionals in this field.

Comprehensive Compensation for Risk Analyst

Being a Risk Analyst in the UK offers more than just a salary. Comprehensive compensation packages often include additional benefits such as health insurance, pension schemes, and performance bonuses. These benefits can significantly enhance your overall financial well-being and job satisfaction. When considering job offers or negotiating your compensation as a Risk Analyst, it is important to take into account the comprehensive package being offered.

Strategies for Increasing Your Salary as a Risk Analyst

If you are looking to increase your salary as a Risk Analyst in the UK, there are several strategies you can employ. Continuously updating your skills and knowledge through professional development courses and certifications can make you more valuable to employers, potentially leading to higher salary offers. Additionally, gaining experience in different industries or sectors can also open up opportunities for higher-paying roles. By staying proactive and continuously seeking growth opportunities, you can increase your earning potential as a Risk Analyst.

Professional Development and Earnings

Investing in your professional development as a Risk Analyst can have a direct impact on your earnings. By attending industry conferences, workshops, and networking events, you can expand your knowledge, skills, and professional network. This can lead to new job opportunities, promotions, and higher salaries. It is important to allocate time and resources towards your professional development to stay competitive in the field of Risk Analysis.

Capitalising on Extra Hours and Duties

As a Risk Analyst in the UK, there may be opportunities to earn additional income by taking on extra hours or duties. Some companies offer overtime pay or bonuses for working beyond regular hours or taking on additional responsibilities. By demonstrating your dedication and willingness to go the extra mile, you can potentially increase your earnings as a Risk Analyst. However, it is important to maintain a healthy work-life balance and ensure that any additional workload is manageable.

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