Financial Risk Specialist salary in Indiana
Financial Risk Specialists in Indiana earn a median of $99,250 a year ($47.72 an hour), based on BLS data for 380 workers.
Pay ranges from $52,780 for the lowest-paid 10% to $159,050 for the top 10%. That is 15% lower than the national median of $117,330. Indiana ranks 30th of 50 states for financial risk specialists pay. There are 0.12 financial risk specialists per 1,000 jobs here — the job is less common than nationally (location quotient 0.29). The average (mean) salary is $101,860, above the median because a few high earners pull it up.
Pay range for financial risk specialists in Indiana
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $52,780 | $25.37 |
| 25th percentile | $61,760 | $29.69 |
| Median | $99,250 | $47.72 |
| 75th percentile | $119,100 | $57.26 |
| 90th percentile (top earners) | $159,050 | $76.47 |
| Average (mean) | $101,860 | $48.97 |
Half of financial risk specialists earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $8,270.83 |
| Semi-monthly (24 a year) | $4,135.42 |
| Biweekly (26 a year) | $3,817.31 |
| Weekly | $1,908.65 |
| Hourly | $47.72 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Financial Risk Specialist salary in cities in Indiana
| Metro area | Median salary | Workers |
|---|---|---|
| Chicago-Naperville-Elgin, IL-IN | $105,370 | 2,360 |
| Indianapolis-Carmel-Greenwood, IN | $101,910 | 220 |
| Cincinnati, OH-KY-IN | $93,470 | 430 |
| Fort Wayne, IN | $82,390 | 30 |
| Louisville/Jefferson County, KY-IN | $64,290 | 110 |
Highest-paying states for financial risk specialists
| State | Median salary |
|---|---|
| New Hampshire | $158,320 |
| Maine | $141,020 |
| Delaware | $139,440 |
| New York | $136,830 |
| North Carolina | $132,040 |
| Massachusetts | $130,400 |
| New Jersey | $129,220 |
| California | $129,110 |
| Virginia | $126,510 |
| Washington | $123,150 |
Related jobs in Indiana
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $77,720 | $37.36 |
| Personal Financial Advisor | $87,710 | $42.17 |
| Loan Officer | $72,960 | $35.08 |
| Financial and Investment Analysts | $81,760 | $39.31 |
| Insurance Underwriter | $77,440 | $37.23 |
| Property Appraisers and Assessors | $60,350 | $29.01 |
| Financial Specialists, All Other | $92,410 | $44.43 |
| Tax Preparer | $45,710 | $21.98 |
| Credit Analyst | $62,660 | $30.12 |
| Credit Counselor | $48,180 | $23.16 |
| Tax Examiners and Collectors, and Revenue Agents | $56,570 | $27.20 |
| Financial Examiner | $81,300 | $39.09 |
| Budget Analyst | $82,080 | $39.46 |
| Human Resources Specialist | $65,600 | $31.54 |
More: Business and Financial Operations Occupations · all salaries in Indiana
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2054. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a financial risk specialist make in Indiana?
The median salary for financial risk specialists in Indiana is $99,250 a year, or $47.72 an hour. Pay ranges from $52,780 for the lowest-paid 10% to $159,050 for the top 10%.
How much do the highest-paid financial risk specialists make in Indiana?
The top 10% of financial risk specialists in Indiana earn at least $159,050 a year. The top 25% earn $119,100 or more.
What is the starting pay for financial risk specialists in Indiana?
Entry-level pay (the 10th percentile) is about $52,780 a year, and a quarter of financial risk specialists earn $61,760 or less.
How many financial risk specialists work in Indiana?
About 380 financial risk specialists are employed in Indiana, not counting the self-employed.