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How much do entry level risk manager jobs pay per year?

As of Aug 6, 2026, the average yearly pay for entry level risk manager in the United States is $103,704.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,500.00 and $132,000.00 per year, depending on experience, location, and employer.

What is an entry level risk manager?

An Entry Level Risk Manager assists in identifying, assessing, and mitigating risks that could impact a company's financial health, operations, or reputation. They typically work under senior risk managers, analyzing data, creating reports, and ensuring compliance with regulations. Their role involves learning risk management strategies, implementing policies, and supporting the organization's overall risk framework. Strong analytical skills, attention to detail, and knowledge of industry regulations are essential for success in this position.

How to start a career in risk management?

To start a career as an entry-level risk manager, obtain a bachelor's degree in finance, economics, or a related field, and develop skills in data analysis, problem-solving, and risk assessment. Gaining relevant certifications such as the Financial Risk Manager (FRM) or Certified Risk Manager (CRM) can enhance job prospects, and gaining experience through internships or entry-level positions in finance or insurance is beneficial.

What typical challenges might an entry level risk manager face in their first year?

Entry Level Risk Managers often encounter the challenge of quickly learning to interpret complex data and understanding the organization's unique risk landscape. Adjusting to fast-paced environments and keeping up with constantly changing regulations are also common hurdles. New risk managers may need to build confidence when presenting findings to senior staff or collaborating across different departments. With mentorship and ongoing training, these challenges become valuable learning opportunities that help launch a successful career in risk management.

What are the key skills and qualifications needed to thrive as an entry level risk manager?

To thrive as an Entry Level Risk Manager, you need strong analytical abilities, attention to detail, and a bachelor's degree in finance, business, or a related field. Familiarity with risk assessment tools, Microsoft Excel, and exposure to risk management frameworks are commonly expected, while certifications like FRM (Financial Risk Manager) can be advantageous. Effective communication, critical thinking, and problem-solving skills help you collaborate with teams and present findings clearly. These competencies are essential for accurately identifying and assessing risks, supporting decision-making, and minimizing potential threats to an organization.

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Entry Level Risk Manager jobs near you
Infographic showing various Entry Level Risk Manager job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $103,704 per year, or $49.9 per hour.

Probabilistic Risk Assessment (PRA) Engineer (Entry Level)

System One

Bellevue, WA • Remote

$37 - $74/hr

Contractor

Re-posted 11 days ago

Job description

Probabilistic Risk Assessment (PRA) Engineer – Entry Level (Contract)

Location: Remote Pay Rate: $37-$74/hour Position Type: Long-Term Contract

Position Overview

System One is seeking an Entry Level Probabilistic Risk Assessment (PRA) Engineer to support the development of next-generation advanced nuclear reactor technology. This role offers an excellent opportunity to work with a multidisciplinary engineering team performing probabilistic risk assessments, severe accident analysis, and safety evaluations that support reactor design, licensing, and regulatory compliance.

The selected candidate will contribute to the development and maintenance of PRA models, perform risk analyses, support hazard evaluations, and collaborate with engineering teams to ensure safe, reliable, and innovative reactor designs.

Responsibilities

  • Support internal and external Probabilistic Risk Assessment (PRA) activities.
  • Develop and maintain event trees, fault trees, and PRA models using CAFTA.
  • Perform risk integration studies, importance measures, and risk metrics.
  • Support severe accident and consequence analyses.
  • Participate in hazard analyses, PIRT evaluations, SSC classifications, Licensing Basis Events (LBE), and Defense-in-Depth (DID) evaluations.
  • Collaborate with multidisciplinary engineering teams to establish system reliability, safety, and performance requirements.
  • Prepare engineering calculations, technical documentation, and analytical reports.
  • Participate in design reviews and engineering evaluations.
  • Present technical findings to project teams, management, and regulatory organizations.
  • Support continuous improvement of PRA methodologies, computational models, and engineering processes.

Required Qualifications

  • Bachelor's degree in Nuclear, Mechanical, Electrical, Aerospace Engineering, or related discipline.
  • One or more years of Probabilistic Risk Assessment (PRA) experience.
  • Understanding of PRA principles and familiarity with ASME/ANS PRA standards.
  • Knowledge of risk-informed, performance-based regulatory approaches.
  • Experience with PRA software such as CAFTA, FRANX, SAPHIRE, RiskSpectrum, or similar tools.
  • Strong technical writing, analytical, and communication skills.
  • Ability to work effectively on multidisciplinary engineering teams.

Preferred Qualifications

  • Experience with GOTHIC, MELCOR, RADTRAD, or similar analytical software.
  • Experience with sodium-cooled or advanced reactor technologies.
  • Knowledge of severe accident analysis, human reliability analysis, source term evaluations, and accident progression.
  • Familiarity with nuclear licensing and regulatory requirements.

This is an outstanding opportunity to contribute to the development of advanced nuclear technologies while working remotely on innovative, first-of-a-kind engineering projects.

Ref: #161-Managed Staffing Charlotte