Insurance Risk Analyst Salary in Minnesota Comparison by Location
Nationwide
United States
$84,455
Minnesota
United States
$86,423
How much does an Insurance Risk Analyst earn in Minnesota
As of April 01, 2025, an Insurance Risk Analyst in Minnesota earns
an average salary of $86,423 per year.
An Insurance Risk Analyst'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 $42 an hour
or $1,662/week
or $7,202/month.
The average salary of an Insurance Risk Analyst ranges
from $76,355 to $99,213.
The average salary range for an Insurance Risk Analyst 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 12th out of 51 states nationwide for Insurance Risk Analyst salaries.
Salary.com helps you determine your exact pay target by estimating the most accurate annual salary range for Insurance Risk Analyst jobs,
with more online, real-time compensation data than any other website.
What is the Average Insurance Risk Analyst Salary by City in Minnesota?
Below is a list of the average salaries for an Insurance Risk Analyst in 10 cities in Minnesota.
We've identified 114 cities where the typical salary for
an Insurance Risk Analyst job is above the average in Minnesota.
The top-paid city for Insurance Risk Analyst is Hopkins
and the average salary for an Insurance Risk Analyst job is earned $88,391
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 $1,968(2.28%)
and $1,968(2.28%) respectively. In fourth place is Minnetonka with a salary of $88,391,
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 Analyst job market in Hopkins is relatively active
with a higher salary paid to compare to other cities in Minnesota.
Finally, Insurance Risk Analyst 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 Analyst position.
CITY
Annual Salary
Monthly Pay
Weekly Pay
Hourly Wage
Hopkins
$88,391
$7,366
$1,700
$42
Mendota
$88,391
$7,366
$1,700
$42
Minneapolis
$88,391
$7,366
$1,700
$42
Minnetonka
$88,391
$7,366
$1,700
$42
Saint Paul
$88,391
$7,366
$1,700
$42
Osseo
$88,340
$7,362
$1,699
$42
Circle Pines
$88,289
$7,357
$1,698
$42
Wayzata
$88,289
$7,357
$1,698
$42
Eden Prairie
$88,239
$7,353
$1,697
$42
Navarre
$88,239
$7,353
$1,697
$42
What Similar Jobs are Paid to Insurance Risk Analyst in Minnesota?
There are 10 jobs that we find are related to the Insurance Risk Analyst job category,these similar jobs include Insurance Risk Analyst I,Insurance Risk Analyst II,Insurance Risk Analyst III,Insurance Risk Analyst IV,Insurance Risk Analyst V,Organizational Insurance Risk Analyst I,Organizational Insurance Risk Analyst II,Organizational Insurance Risk Analyst III,Organizational Insurance Risk Analyst IV,and Organizational Insurance Risk Analyst V.
All of these 10 jobs are paid
between $66,256 to $144,290,
and the Organizational Insurance Risk Analyst V gets the highest paid with $144,290 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 Analyst,
you could refer to the below list of job salaries based on market prices in Minnesota.