How Much Does a Healthcare Risk Manager Make in Minnesota?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Healthcare Risk Manager in Minnesota is $92,278. While Salary.com is seeing that Healthcare Risk Manager salary in MN can go up to $103,627 or down to $66,018, but most earn between $78,532 and $98,218. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Healthcare Risk Manager
Risk Management Analyst I - Healthcare
$79,218
Minnesota
Per Year
Risk Management Analyst II - Healthcare
$103,440
Minnesota
Per Year
Risk Management Director - Healthcare
$144,868
Minnesota
Per Year
Healthcare Risk Management Specialist
$132,125
Minnesota
Per Year
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Similar Job Salaries to Healthcare Risk Manager by Company

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Company average base salary in (usd) range
UnitedHealth Group
Manager Healthcare Economics, MA Risk Adjustment - Remote
$88,364/yr
$78,873
$97,854
RANGE: $78,873 - $97,854
Grand Casino
Risk Manager
$115,692/yr
$105,155
$126,228
RANGE: $105,155 - $126,228
U.S. Bank
Risk Manager
$125,806/yr
$115,075
$136,537
RANGE: $115,075 - $136,537
U.S. Bancorp
Risk Manager
$123,870/yr
$112,588
$135,151
RANGE: $112,588 - $135,151
Beacon Mobility
Risk Manager
$107,480/yr
$98,165
$116,796
RANGE: $98,165 - $116,796
Thrivent Financial for Lutherans
Sr Field Risk Manager
$125,488/yr
$114,295
$136,680
RANGE: $114,295 - $136,680
RenaissanceRe
VP, Risk Analyst Manager
$119,068/yr
$107,580
$130,556
RANGE: $107,580 - $130,556
Securian Financial Group
Investment Risk Manager
$132,694/yr
$117,175
$148,212
RANGE: $117,175 - $148,212
beBee Careers
Construction Risk Manager
$112,353/yr
$102,623
$122,083
RANGE: $102,623 - $122,083

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Top 10 Highest Paying Cities For Healthcare Risk Manager Jobs in Minnesota

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Healthcare Risk Manager can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Healthcare Risk Manager job salaries in Minnesota. Some cities can pay higher salaries for Healthcare Risk Manager jobs, which can indicate that there is a large demand for Healthcare Risk Manager positions in this city.
The following table shows top 10 cities where the Healthcare Risk Manager salary is higher than other cities in Minnesota. Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka. The Healthcare Risk Manager salary is $94,379 in Minneapolis, which is higher than the national average. There are 7 cities' Healthcare Risk Manager salary higher than national average in Minnesota.
The average salary for a Healthcare Risk Manager in Minnesota is $92,278, but we found that the city with the highest salary for Healthcare Risk Manager jobs is Minneapolis, MN, and it is higher than Saint Paul. Healthcare Risk Manager jobs in Minneapolis can have the opportunity to earn higher salaries than in other cities in Minnesota.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Minneapolis $94,379 $7,865 $1,815 $45
Saint Paul $94,379 $7,865 $1,815 $45
Minnetonka $94,379 $7,865 $1,815 $45
Eden Prairie $94,216 $7,851 $1,812 $45
Burnsville $94,108 $7,842 $1,810 $45
Lakeville $93,783 $7,815 $1,804 $45
Rochester $90,402 $7,533 $1,738 $43
Saint Cloud $88,959 $7,413 $1,711 $43
Duluth $86,497 $7,208 $1,663 $42

What Does a Healthcare Risk Manager Do?

If you are interested in learning more about health care risk management as a career, this page defines who risk managers are, what they do, how to become a risk manager, where the jobs are, and why you should choose this career.
Updated October 23, 2021
Some professionals can embark on a career as a healthcare risk manager with four years of education post-high school.
Updated December 19, 2021
Enable healthcare professionals to automate continuous real-time third-party vendor integrity checks and audits associated with security and compliance risks.
Updated December 16, 2021
More significant investments by healthcare providers around cybersecurity are needed to mitigate the risk associated with data breaches, potential costly lawsuits, and damage to the healthcare facilities’ reputation.
Updated December 15, 2021
However, almost all health care risk managers will assist with incident management involving minor, daily problems and major, unexpected events.
Updated December 11, 2021

Frequently Asked Questions About a Healthcare Risk Manager Salaries

What is the average of a Healthcare Risk Manager in Minnesota?

The Healthcare Risk Manager salary range is from $78,532 to $98,218, and the average Healthcare Risk Manager salary is $92,278/year in Minnesota. The Healthcare Risk Manager's salary will change in different locations.

Which location pays the highest Healthcare Risk Manager salary in the United States?

The Healthcare Risk Manager salary in San Jose, CA is $113,740 which is the highest in the US.

What kinds of reasons will influence the Healthcare Risk Manager's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Healthcare Risk Manager.

What is the growth rate of the Healthcare Risk Manager's salary?

If you are thinking of becoming a Healthcare Risk Manager or planning the next step in your career, find the detailed salary report of a Healthcare Risk Manager.