The salary trajectory of a Risk Analyst ranges between locations and employers. The salary starts at A$0 per year (estimate) and goes up to A$203,000 per year (estimate) for the highest level of seniority.
The estimated average salary for a Risk Analyst at Insurance Australia Group is A$98,269 per year or A$47 per hour, but some professionals have reported earning up to roughly A$169,280 per year (90th percentile). The typical pay range is between A$74,221 (25th percentile) and A$131,284 (75th percentile) annually. This is based on 40 salaries submitted by Insurance Australia Group Risk Analyst professionals on Glassdoor, as of Jun 2026.
Risk Analyst with an estimated total pay of A$76K - A$106K/yr