How Much Does an Insurance Officer Make in Minnesota?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Insurance Officer in Minnesota is $116,148. While Salary.com is seeing that Insurance Officer salary in MN can go up to $155,463 or down to $95,339, but most earn between $105,256 and $136,727. 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% $105,256 10% $95,339 90% $155,463 75% $136,727 $116,148 50%(Median)
Related Job Titles to Insurance Officer
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Chief Actuarial Officer
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Similar Job Salaries to Insurance Officer by Company

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Company average base salary in (usd) range
Upstream Life ™
Chief Insurance Operations Officer
$131,744/yr
$103,345
$160,142
RANGE: $103,345 - $160,142
Farm Credit Services of America
Commercial Insurance Officer
$151,261/yr
$128,477
$174,045
RANGE: $128,477 - $174,045
$73,955/yr
$67,261
$80,648
RANGE: $67,261 - $80,648
Sun Title
Title Insurance Escrow Officer
$67,243/yr
$57,320
$77,167
RANGE: $57,320 - $77,167
Compeer Financial
Intern Insurance Officer
$155,522/yr
$120,297
$190,746
RANGE: $120,297 - $190,746
The Hassman Agency
Insurance Sales
$123,850/yr
$100,109
$147,592
RANGE: $100,109 - $147,592
CLD COON RAPIDS MN LLC
Insurance Biller
$64,829/yr
$56,884
$72,774
RANGE: $56,884 - $72,774
Horihan Insurance
Insurance Agent
$84,950/yr
$70,041
$99,860
RANGE: $70,041 - $99,860
Allina Health System
Insurance Representative
$70,162/yr
$59,600
$80,724
RANGE: $59,600 - $80,724
HomeServices Insurance
INSURANCE PRODUCER
$164,412/yr
$130,573
$198,250
RANGE: $130,573 - $198,250

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Top 10 Highest Paying Cities For Insurance Officer Jobs in Minnesota

It is important to understand how location impacts your career prospects in the United States. There are some cities where an Insurance Officer can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Insurance Officer job salaries in Minnesota. Some cities can pay higher salaries for Insurance Officer jobs, which can indicate that there is a large demand for Insurance Officer positions in this city.
The following table shows top 10 cities where the Insurance Officer salary is higher than other cities in Minnesota. Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka. The Insurance Officer salary is $120,462 in Minneapolis, which is higher than the national average. There are 7 cities' Insurance Officer salary higher than national average in Minnesota.
The average salary for an Insurance Officer in Minnesota is $116,148, but we found that the city with the highest salary for Insurance Officer jobs is Minneapolis, MN, and it is higher than Saint Paul. Insurance Officer 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 $120,462 $10,038 $2,317 $58
Saint Paul $120,462 $10,038 $2,317 $58
Minnetonka $120,462 $10,038 $2,317 $58
Eden Prairie $120,235 $10,020 $2,312 $58
Burnsville $120,121 $10,010 $2,310 $58
Lakeville $119,667 $9,972 $2,301 $58
Rochester $113,877 $9,490 $2,190 $55
Saint Cloud $111,947 $9,329 $2,153 $54
Duluth $109,676 $9,140 $2,109 $53

What Does an Insurance Officer Do?

D&O insurance applies to anyone who serves as a director or an officer of a for-profit business or nonprofit organization.
Updated December 10, 2021
D&O insurance has become closely associated with broader management liability insurance, which covers liabilities of the corporation, as well as the personal liabilities for the directors and officers of the corporation.
Updated November 09, 2021
A re-insurance officer is involved in the administration and assessment of insurance claims and policies taken out by insurance companies as a form of risk management.
Updated November 01, 2021
Directors and Officers Liability insurance is designed to protect directors and officers of companies against personal liability that they might incur in respect of amounts which they are liable for, in respect of claims made against them arising out of the performance of their duties.
Updated October 19, 2021
You can work as an insurance officer without formal qualifications, but most employers prefer you to gain your Senior Secondary Certificate of Education.
Updated October 12, 2021

Frequently Asked Questions About an Insurance Officer Salaries

What is the average of an Insurance Officer in Minnesota?

The Insurance Officer salary range is from $105,256 to $136,727, and the average Insurance Officer salary is $116,148/year in Minnesota. The Insurance Officer's salary will change in different locations.

Which location pays the highest Insurance Officer salary in the United States?

The Insurance Officer salary in San Jose, CA is $142,488 which is the highest in the US.

What kinds of reasons will influence the Insurance Officer'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 Insurance Officer.

What is the growth rate of the Insurance Officer's salary?

If you are thinking of becoming an Insurance Officer or planning the next step in your career, find the detailed salary report of an Insurance Officer.