Insurance Risk Advisor Salary in Minnesota Comparison by Location
Nationwide
United States
$67,788
Minnesota
United States
$69,348
How much does an Insurance Risk Advisor earn in Minnesota
As of March 01, 2025, an Insurance Risk Advisor in Minnesota earns
an average salary of $69,348 per year.
An Insurance Risk Advisor's salary in Minnesota can be paid hourly,
weekly or monthly depending on the company and job type.
Most part-time jobs will be paid hourly or weekly.
Using the salary calculator,
the average pay comes out to be about $33 an hour
or $1,334/week
or $5,779/month.
The average salary of an Insurance Risk Advisor ranges
from $62,680 to $78,578.
The average salary range for an Insurance Risk Advisor varies widely,
which indicates that there are many opportunities for advancement, promotions, and salary increases.
These opportunities depend on many factors, including skills, education, certifications, location, and years of experience.
Minnesota is ranked 13th out of 51 states nationwide for Insurance Risk Advisor salaries.
Salary.com helps you determine your exact pay target by estimating the most accurate annual salary range for Insurance Risk Advisor jobs,
with more online, real-time compensation data than any other website.
What is the Average Insurance Risk Advisor Salary by City in Minnesota?
Below is a list of the average salaries for an Insurance Risk Advisor in 10 cities in Minnesota.
We've identified 124 cities where the typical salary for
an Insurance Risk Advisor job is above the average in Minnesota.
The top-paid city for Insurance Risk Advisor is Hopkins
and the average salary for an Insurance Risk Advisor job is earned $71,924
which is higher than the average in Minnesota.
This is followed by Mendota and Minneapolis in second and third places,
which beat the average in Minnesota
by $2,576(3.71%)
and $2,576(3.71%) respectively. In fourth place is Minnetonka with a salary of $71,924,
which is higher than the Minnesota average salary. Saint Paul and Osseo continue the rankings.
Based on the summary of average salaries paid by cities in Minnesota,
the Insurance Risk Advisor job market in Hopkins is relatively active
with a higher salary paid to compare to other cities in Minnesota.
Finally, Insurance Risk Advisor jobs pay differently by city, even if they are in Minnesota.
The cost of living might be a key factor when considering the location and salary of an Insurance Risk Advisor position.
CITY
Annual Salary
Monthly Pay
Weekly Pay
Hourly Wage
Hopkins
$71,924
$5,994
$1,383
$35
Mendota
$71,924
$5,994
$1,383
$35
Minneapolis
$71,924
$5,994
$1,383
$35
Minnetonka
$71,924
$5,994
$1,383
$35
Saint Paul
$71,924
$5,994
$1,383
$35
Osseo
$71,856
$5,988
$1,382
$35
Circle Pines
$71,788
$5,982
$1,381
$35
Eden Prairie
$71,788
$5,982
$1,381
$35
Navarre
$71,788
$5,982
$1,381
$35
South Saint Paul
$71,788
$5,982
$1,381
$35
What Similar Jobs are Paid to Insurance Risk Advisor in Minnesota?
There are 11 jobs that we find are related to the Insurance Risk Advisor job category,these similar jobs include Risk Advisor,Insurance Advisor,Insurance Risk Director,VP of Insurance Risk,Insurance Risk Manager,Insurance Risk Supervisor,Risk Management Insurance,Insurance Risk Interviewer,Insurance Risk Analyst,Risk Control Advisor,and Risk Management Advisor.
All of these 11 jobs are paid
between $54,757 to $242,267,
and the VP of Insurance Risk gets the highest paid with $242,267 from them.
Those similar job salaries are paid differently by many factors such as company size, department base, responsibility, and others.
If you're qualified to be hired for one of these similar jobs to the Insurance Risk Advisor,
you could refer to the below list of job salaries based on market prices in Minnesota.