
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 careersA Risk Analyst evaluates data to assess risk for clients and businesses, guiding decisions and policies while communicating findings clearly.
Get qualified to work as a Risk Analyst with a course recognised across Australia. Speak to a training provider to learn more.
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.
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.
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For those seeking to advance their career in risk analysis, there are a variety of Risk Analyst courses in Bacchus Marsh that cater to experienced learners with prior qualifications. With a total of 14 advanced courses available in the locality, professionals can enhance their expertise through programs such as the Graduate Certificate in Safety, Risk and Reliability Engineering and the comprehensive Bachelor of Actuarial Science. Local training providers including Monash University, The University of Melbourne, and RMIT University offer these specialised courses through established programs aimed at developing specialised skills for aspiring risk analysts.
Beyond the technical skills acquired in the Master of Actuarial Science or the Bachelor of Commerce (Finance), participants will also find opportunities to explore related career paths within Bacchus Marsh. Potential job roles include becoming a Business Analyst, where analytical skills are paramount, or a Risk Manager, overseeing company risk evaluations. Other positions such as Econometrician and Applied Statistician are also accessible for graduates, ensuring a diverse range of career possibilities.
In addition to the unique educational opportunities provided in Bacchus Marsh, coupling these advanced courses with useful job role insights can position learners for long-term success. Skills gained from programmes like the Graduate Diploma of Financial Services and the foundational Bachelor of Science (Statistics) not only empower individuals to secure a role as a Biomathematician or Quantitative Analyst, but also facilitate a smoother transition into the competitive job market. With local training providers striving to deliver quality education in a critical industry, the Risk Analyst courses in Bacchus Marsh are an excellent choice for anyone looking to elevate their career prospects.