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Entry Level Risk Management Analyst Jobs in Indiana

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Entry Level Risk Management Analyst information

See Indiana salary details

$34.7K

$78.3K

$131.3K

How much do entry level risk management analyst jobs pay per year?

As of Jul 21, 2026, the average yearly pay for entry level risk management analyst in Indiana is $78,342.00, according to ZipRecruiter salary data. Most workers in this role earn between $59,500.00 and $86,100.00 per year, depending on experience, location, and employer.

What is the difference between Entry Level Risk Management Analyst vs Risk Analyst?

AspectEntry Level Risk Management AnalystRisk Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; some certifications like FRM or CRM are a plusBachelor's degree often required; certifications like FRM or CRM preferred
Work EnvironmentCorporate risk departments, financial institutions, insurance companiesFinancial firms, consulting agencies, insurance companies
Employer & Industry UsageEntry-level role in risk management teams across industriesMid-level role focusing on risk assessment and mitigation strategies

While both roles involve assessing and managing risks, the Entry Level Risk Management Analyst typically focuses on supporting risk assessments under supervision, whereas a Risk Analyst may have more independent responsibilities in analyzing and developing risk mitigation strategies. The entry-level position is ideal for those starting their careers, with similar educational requirements and work environments.

What are popular job titles related to Entry Level Risk Management Analyst jobs in Indiana? For Entry Level Risk Management Analyst jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Entry Level Risk Management Analyst jobs in Indiana look for? The top searched job categories for Entry Level Risk Management Analyst jobs in Indiana are:
Infographic showing various Entry Level Risk Management Analyst job openings in Indiana as of July 2026, with employment types broken down into 2% Locum Tenens, 84% Full Time, 9% Part Time, 1% Temporary, and 4% Contract. Highlights an 85% Physical, 6% Hybrid, and 9% Remote job distribution, with an average salary of $78,342 per year, or $37.7 per hour.

Management and Program Analyst

SD Department of Veterans Affairs

Indianapolis, IN โ€ข On-site

$63K/yr

Other

Retirement

Posted 5 days ago


Job description

This position is located in Pension and Fiduciary (P&F) Service. Pension and Fiduciary (P&F) Service administers the pension programs and fiduciary activities for compensation, dependency and indemnity compensation (DIC) and pension beneficiaries Department of Veteran's Affairs Veterans Benefits Administration. P&F Service is responsible for the development of policy, procedures, training, and oversight of the delivery of VA pension benefits and fiduciary activities worldwide.Qualifications:To qualify for this position, applicants must meet all requirements by the closing date of this announcement:07/21/2026.
TIME-IN-GRADE REQUIREMENT: Applicants who are current Federal employees and have held a GS grade any time in the past 52 weeks must also meet time-in-grade requirements.
  • For a GS-11 position you must have served 52 weeks at the GS-9 level.
  • For a GS-12 position you must have served 52 weeks at the GS-11 level.
  • For a GS-13 position you must have served 52 weeks at the GS-12 level.
The grade may have been in any occupation, but must have been held in the Federal service. An SF-50 that shows your time-in-grade eligibility must be submitted with your application materials.
MINIMUM QUALIFICATION REQUIREMENT: You may qualify based on your experience and/or education as described below:
GS-11 Grade Level:
  • Specialized Experience: You must have one year of specialized experience equivalent to GS-09 in the normal line of progression for the occupation in the organization. Specialized experience for this position is defined as demonstrated experience in:
    • Veterans Pension, Survivor, and Fiduciary programs.
    • Processing claims and/or conducting quality reviews of VBA's Pension Survivor, and Fiduciary programs.
    • Manage and prioritize multiple assignments concurrently and to execute delivery efficiently and effectively.
  • Education Substitution: GS-11: A Ph.D. or equivalent doctoral degree or 3 full years of progressively higher level graduate education leading to such a degree orLL.M., if related. Education must be related to the position being filled.
  • Combining Education and Experience: Combinations of successfully completed post-high school education and experience may be used to meet total qualification requirements for the grade levels specified in the table, and may be computed by first determining the applicant's total qualifying experience as a percentage of the experience required for the grade level; then determining the applicant's education as a percentage of the education required for the grade level; and then adding the two percentages. The total percentages must equal at least 100 percent to qualify an applicant for that grade level. Only graduate education in excess of the amount required for the next lower grade level may be used to qualify applicants for positions at grade GS-11.

GS-12 Grade Level:
  • Specialized Experience: You must have one year of specialized experience equivalent to GS-11 in the normal line of progression for the occupation in the organization. Specialized experience for this position is defined as demonstrated experience in two of the four areas below:
    • Veterans Pension, Survivor, and Fiduciary programs.
    • Processing claims and/or conducting quality reviews of VBA's Pension Survivor, and Fiduciary programs.
    • Providing oversight and management techniques to evaluate internal controls and assess risk of Veterans benefits and programs, developing strategies to mitigate risk and improve the administration of the programs.
    • Researching and applying agency laws and policies to formulate and recommend instructions, directives, guidelines, policies, plans or procedures to administer or carry out functions which support operations delivery or supporting delivery of benefits or services to Veterans.

GS-13 Grade Level:
  • Specialized Experience: You must have one year of specialized experience equivalent to GS-12 in the normal line of progression for the occupation in the organization. Specialized experience for this position is defined as demonstrated experience in three of the four areas below:
    • Veterans Pension, Survivor, and Fiduciary programs.
    • Processing claims and/or conducting quality reviews of VBA's Pension Survivor, and Fiduciary programs.
    • Providing oversight and management techniques to evaluate internal controls and assess risk of Veterans benefits and programs, developing strategies to mitigate risk and improve the administration of the programs.
    • Researching and applying agency laws and policies to formulate and recommend instructions, directives, guidelines, policies, plans or procedures to administer or carry out functions which support operations delivery or supporting delivery of benefits or services to Veterans.

Volunteer Experience: Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religions; spiritual; community; student; social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.
Full vs. Part-Time Employment: Full-time employment is considered to be at least 35 hours per week. Part-time experience will be credited on a pro-rated basis; when including part-time employment in your resume you must specify the average hours worked per week.
Physical Requirements: The work is sedentary. Some work may require walking and standing in conjunction with travel to attend meetings and conferences away from the work site. Work may require carrying light items such as papers, books, or small parts. The work does not require any special physical effort.
For more information on these qualification standards, please visit the United States Office of Personnel Management's website at http://www.opm.gov/policy-data-oversight/classification-qualifications/general-schedule-qualification-standards/.Education:Education must be accredited by an accrediting institution recognized by the U.S. Department of Education to be credited towards qualifications. Provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education.
All education claimed by applicants will be verified upon appointment. If you are using foreign education to meet qualification requirements, you must send a Certificate of Foreign Equivalency with your transcript to receive credit.Employment Type: OTHER