AI Risk Manager.
Indianapolis.
$154,000
median salary, 12% below the national average
$119,000 to $199,000. Last updated April 2026.
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Data points to own the conversation.
The median AI Risk Manager salary in Indianapolis is $154,000, 12% below the national average. Entry level starts near $119,000. Experienced professionals push past $199,000. Indianapolis has a diversified economy led by healthcare, life sciences, and motorsports engineering. That spread is your negotiation window.
Salary range
Where do you fall?
Salary by experience
The gap between entry and lead level is typically $139,000. Where you land depends on years of experience and what you bring to the table.
Entry (0-2 yrs)
$100,000
to $123,000
Mid (3-5 yrs)
$131,000
to $162,000
Senior (6-9 yrs)
$169,000
to $200,000
Lead (10+ yrs)
$193,000
to $239,000
Salary trend
+10% YoYTotal compensation
Base salary is not the full picture. Equity, bonus, and signing can add $66,000 to the total package.
Base
$154,000
Equity
$40,000
Bonus
$17,000
Signing
$9,000
Estimated total: $220,000
How Indianapolis compares
Indianapolis, IN
$154,000
Cost of living: 9% below average
National Average
$175,000
Indianapolis is $21,000 below
AI Risk Manager salary by city
Salary by role in Indianapolis
What you should know
If you are interviewing for AI Risk Manager roles in Indianapolis, here is what you are walking into. Indianapolis has a diversified economy led by healthcare, life sciences, and motorsports engineering. Eli Lilly's headquarters drives a major pharmaceutical and biotech cluster. The city's extremely affordable cost of living means that even moderate salaries deliver strong purchasing power, making it an underrated destination for professionals seeking financial stability. Pay is driven by expertise in AI-specific risk frameworks, including model risk management, adversarial robustness, and deployment safety protocols. Managers with experience in regulated industries like banking or healthcare earn 15 to 20% more. Ability to quantify AI risk in financial terms is a key salary differentiator.
Junior AI risk analysts start at $95,000 to $120,000. AI risk managers earn $135,000 to $175,000. Senior risk managers reach $190,000 to $250,000, and chief AI risk officers or VP-level roles at financial institutions command $270,000 to $400,000 in total compensation. In Indianapolis, cost of living sits near the national average, so the numbers you see are roughly what you keep.
Base salary is not the full picture. Annual bonuses of 15 to 25% are standard in financial services. Equity at AI companies adds $30,000 to $70,000 annually. Retention bonuses are common due to the scarcity of professionals combining risk management expertise with AI technical knowledge. And on the tax side: indiana has a flat 3.05% state income tax, one of the lowest in the country. Marion County adds about 2.02% in local taxes. The combined rate remains well below most major metros. When someone quotes you $154,000, ask what the total package looks like. The gap between base and total comp is where real money hides.
On negotiation: Benchmark against pharmaceutical industry pay scales. Eli Lilly and the biotech cluster set high compensation floors that ripple across all professional roles in Indianapolis. The range for AI Risk Managers in Indianapolis runs from $119,000 to $199,000. That is not a narrow window. Where you land inside it depends almost entirely on whether you negotiate and how well you prepare.
Sources: SEC filings, H-1B LCA (DOL), BLS OES, 50+ job posting platforms. COL: BEA Regional Price Parities (2025). Data verified by Justin Bartak, Founder & Chief AI Officer. Last verified April 8, 2026. Full methodology
Considering a related role?
- A Full Stack AI Developer in Indianapolis earns $155,000 (1% more)
- The highest-paying role in Indianapolis is Chief AI Officer at $293,000
Common questions.
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