Postcode:
Resident:
Employed:
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.
There are 15 courses available for people who want to become a Risk Analyst. These are the top 5 most popular courses.
Possible job outcomes:
The Bachelor of Commerce (Finance) delves into the essential concepts of finance. It covers areas such as financial instruments, markets, the intricate financial choices firms face, as well as investment strategies and risk management. Depending on selected electives, students may explore in-depth topics like portfolio construction, corporate valuation, and the dynamics of debt markets. This comprehensive course is meticulously designed to prepare students for esteemed roles in fields like financial management, financial consulting, investment banking, funds management, and stockbroking..
Average duration: 3 years.
Cybercrime is rapidly increasing all around the globe and this cutting-edge degree opens the door to so many exciting careers. With the Bachelor of Cyber Security you could be working as a security consultant, cryptographer, security auditor, analyst or specialist IT project manager. Even better your skills will be recognised by the Australian Computer Society (ACS). The degree begins with IT fundamentals: programming, computer systems, and mathematics. You’ll then learn key technical skills including secure networking, cyber security analytics, secure coding, malware analysis, computer crime and digital forensics, ethical hacking, and more. Enquire now for admissions criteria, cybersecurity career outcomes, and universities near you that offer the Bachelor of Cyber Security..
Looking for a career in risk management, insurance, superannuation, or actuarial research? The Bachelor of Actuarial Studies will teach you how to assess and manage financial risks to individuals, corporations, and governments. Your studies begin with an introduction to macro and microeconomics as well as the key modelling tools used by actuaries. You’ll then explore financial mathematics, probability and statistics, data visualisation, risk management and analytics, and quantitative data science. Even better, you can complete this degree alongside complementary disciplines including commerce, economics, and information systems. Enquire now for admissions criteria, actuarial career outcomes, and universities near you that offer the Bachelor of Actuarial Studies..
Become a qualified statistician with the Bachelor of Statistics. There is a growing demand for competent professionals who have expertise in data collection and analysis, and this degree will help you secure roles in banking, financial services, education, social sciences, marketing, or government organisations. The degree covers: applied statistics, data analytics, mathematics and probability, quantitive research methods, regression modelling, problem solving, scientific computing and more. Choose supporting majors in applied statistics, business, economics, theoretical statistics. Enquire now for the full list of study units, statistician career outcomes, and universities in your area that offer the Bachelor of Statistics..
The Bachelor of Science (Statistics) offers an in-depth education in statistical theory and practical methods. It focuses on building analytical and problem-solving abilities, particularly in data analysis, experimental design, and probability. This course includes practical work with real-world data and trains you in industry-relevant statistical software. Graduates are well-equipped to meet contemporary industry demands, combining statistical know-how with computational skills for insightful data analysis..
In Australia, a full time Risk Analyst generally earns $1,920 per week ($99,840 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.
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
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.
We’ll find nearby campuses and check if you’re eligible for funding in your state.
Here are some potential career pathways within insurance services, mathematics and statistics and risk management. Click on an occupation to learn more about the role and the qualifications that can help you get started in this industry.
Insurance Services
Assistant Broker
$960 weekly pay
Assistant Underwriter
Claims Officer
$1,050 weekly pay
Claims Consultant
$1,150 weekly pay
Claims Specialist
$1,250 weekly pay
Insurance Analyst
Insurance Broker
$1,350 weekly pay
Insurance Claims Assessor
$1,540 weekly pay
Insurance Consultant
Risk Advisor
$1,500 weekly pay
Risk Analyst
$1,920 weekly pay
Mathematics and Statistics
Mathematician
$1,440 weekly pay
Statistician
Actuary
Biostatistician
Risk Management
Business Analyst
Business Data Analyst
Credit Risk Analyst
Enterprise Risk Manager
Financial Analyst
$1,450 weekly pay
Financial Risk Manager
$1,550 weekly pay
Operational Risk Manager
Resilience Officer
Senior Business Analyst
Senior Risk Manager
$2,300 weekly pay
Learn more about Risk Analyst courses in your area.