How Much Does a Hospital Risk Manager Make in Minnesota?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Hospital Risk Manager in Minnesota is $107,387. While Salary.com is seeing that Hospital Risk Manager salary in MN can go up to $144,503 or down to $69,068, but most earn between $87,330 and $126,815. 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.
25% $87,330 10% $69,068 90% $144,503 75% $126,815 $107,387 50%(Median)
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Similar Job Salaries to Hospital Risk Manager by Company

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Company average base salary in (usd) range
Beacon Mobility
Risk Manager
$107,480/yr
$98,165
$116,796
RANGE: $98,165 - $116,796
Securian Financial
INVESTMENT RISK MANAGER
$132,694/yr
$117,175
$148,212
RANGE: $117,175 - $148,212
Duininck
Claims and Risk Manager
$104,485/yr
$96,554
$112,416
RANGE: $96,554 - $112,416
Jobleads-US
Third-Party Risk Manager
$123,005/yr
$112,513
$133,497
RANGE: $112,513 - $133,497
State of Minnesota
Corporate Compliance Risk Manager
$110,649/yr
$99,698
$121,600
RANGE: $99,698 - $121,600
U.S. Bank
Risk Manager, Credit Strategy
$129,264/yr
$117,104
$141,424
RANGE: $117,104 - $141,424
The Sanga Corporation
Quality Improvement Risk Manager
$139,429/yr
$126,572
$152,286
RANGE: $126,572 - $152,286
Center Bank
Comprehensive Risk Manager
$104,607/yr
$92,845
$116,370
RANGE: $92,845 - $116,370
Minnesota Department of Human Services
Corporate Compliance Risk Manager
$110,649/yr
$99,698
$121,600
RANGE: $99,698 - $121,600
Accenture
Fraud Risk Manager
$106,618/yr
$98,137
$115,100
RANGE: $98,137 - $115,100

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Top 10 Highest Paying Cities For Hospital 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 Hospital 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 Hospital Risk Manager job salaries in Minnesota. Some cities can pay higher salaries for Hospital Risk Manager jobs, which can indicate that there is a large demand for Hospital Risk Manager positions in this city.
The following table shows top 10 cities where the Hospital Risk Manager salary is higher than other cities in Minnesota. Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka. The Hospital Risk Manager salary is $109,832 in Minneapolis, which is higher than the national average. There are 7 cities' Hospital Risk Manager salary higher than national average in Minnesota.
The average salary for a Hospital Risk Manager in Minnesota is $107,387, but we found that the city with the highest salary for Hospital Risk Manager jobs is Minneapolis, MN, and it is higher than Saint Paul. Hospital 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 $109,832 $9,153 $2,112 $53
Saint Paul $109,832 $9,153 $2,112 $53
Minnetonka $109,832 $9,153 $2,112 $53
Eden Prairie $109,644 $9,137 $2,109 $53
Burnsville $109,518 $9,126 $2,106 $53
Lakeville $109,140 $9,095 $2,099 $52
Rochester $105,204 $8,767 $2,023 $51
Saint Cloud $103,525 $8,627 $1,991 $50
Duluth $100,660 $8,388 $1,936 $48

What Does a Hospital Risk Manager Do?

Risk Managers need to focus on developing strategies and working closely with their IT counterparts to ward off cyber attacks that affect the business.
Updated October 02, 2021
They also provide risk management training to key health care organization staff, such as other managers or front-line supervisors.
Updated December 22, 2021
However, almost all health care risk managers will assist with incident management involving minor, daily problems and major, unexpected events.
Updated December 20, 2021
In order to get a decent job, you need to have at least five years of experience working as a risk analyst and manager.
Updated December 20, 2021
In summary, a healthcare risk management manager reduces or eliminates the potential risks that might affect a healthcare facility.
Updated December 13, 2021

Frequently Asked Questions About a Hospital Risk Manager Salaries

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

The Hospital Risk Manager salary range is from $87,330 to $126,815, and the average Hospital Risk Manager salary is $107,387/year in Minnesota. The Hospital Risk Manager's salary will change in different locations.

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

The Hospital Risk Manager salary in San Jose, CA is $132,364 which is the highest in the US.

What kinds of reasons will influence the Hospital 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 Hospital Risk Manager.

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

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