All careers

Risk Analyst

A Risk Analyst evaluates data to assess risk for clients and businesses, guiding decisions and policies while communicating findings clearly.

How do I become a risk analyst

Get qualified to work as a risk analyst with a course recognised across Australia. Speak to a training provider to learn more.

Common questions

In Australia, a full time Risk Analyst generally earns $2,346 per week ($121,992 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience you can expect a potentially higher salary than people who are new to the industry.

Author Image Courses.com.au Team

This industry is likely to see strong growth in employment numbers in coming years. There are currently 3,300 people working in this field in Australia and many of them specialise as a Risk Analyst. Risk Analysts may find work across all regions of Australia.

Source: Australian Government Labour Market Insights

Author Image Courses.com.au Team

A Bachelor of Statistics is an ideal qualification if you’re planning a career as a Risk Analyst. This course covers a range of topics including applied statistics, data analytics, mathematics and probability, quantitative research methods, regression modelling, problem solving and scientific computing. A Bachelor of Science (Statistics) may also be suitable.

Author Image Courses.com.au Team

Further reading

What is the Role of a Business Analyst?

14th October 2022

What Skills Does a Data Analyst Need?

25th November 2022

Choosing a security licence course in Australia: A step-by-step guide for jobseekers

10th November 2023

Risk Analyst careers

A Risk Analyst analyses information and data to assess risk. You might work in banking, insurance or a range of other industries. Risk Analysts make predictions and projections and guide decision and policy making. You might look at the risk to individual clients or large businesses and organisations.

Risk Analysts should have strong attention to detail and high level analytical abilities. You’ll need to follow correct procedures and be able to prepare accurate reports. Risk Analysts should be organised and able to manage their time well. You’ll need to be able to communicate your findings to a range of stakeholders.