This role has a high level of AI exposure. While some human skills are required, many tasks could be automated or replaced by new technology.
Explore all careersHow 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.
Related career opportunities
Browse occupations related to Risk Analyst
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.
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
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.
Courses.com.au Team
Further reading
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 2023All risk analyst courses
- Graduate Certificate in Safety, Risk and Reliability Engineering
- Bachelor of Actuarial Science
- Bachelor of Science (Hydrology)
- Master of Actuarial Science
- Graduate Certificate in Financial Services
- Bachelor of Commerce (Honours) (Econometrics)
- Graduate Diploma of Financial Services
- Bachelor of Mathematical Sciences
- Bachelor of Mathematical Sciences (Honours)
- Bachelor of Science (Applied Mathematics)
- Master of Financial Services
- Bachelor of Commerce (Finance)
- Bachelor of Statistics
- Bachelor of Actuarial Studies
- Bachelor of Science (Statistics)
- Master of Financial Mathematics
- Master of Commerce (Extension)
- Master of Science (Actuarial and Financial Science)
- PUAOPE004 Manage the Intelligence Function at an Incident
- Bachelor of Commerce (Actuarial Studies)
- PSP40316 Certificate IV in Government Security
- 10980NAT Graduate Certificate in Compliance and Risk Management
- PSP60122 Advanced Diploma of Government (Investigations)
- Graduate Diploma of Finance
- Graduate Diploma of Applied Finance
- Bachelor of Business (Analytics and Analysis)
- Master of Statistics
- FNS60822 Advanced Diploma of Integrated Risk Management
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.
