How Much Does a Risk Management Advisor Make in Minnesota?

Updated March 26, 2024
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Individually reported data submitted by users of our website

Normal Confidence
$127,745/yr
Average Base Pay
Low $115,422
Average $127,745
High $140,335
The average salary for Risk Management Advisor is $127,745 per year in Minnesota.

Related Job Titles to Risk Management Advisor

Risk Advisor
$79,663
Minnesota
Per Year
Risk Management Director
$191,219
Minnesota
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Wealth Management Advisor IV
$109,840
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Wealth Management Advisor III
$89,020
Minnesota
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Similar Job Salaries to Risk Management Advisor by Company

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Company average base salary in (usd) range
$66,937/yr
$57,667
$76,206
RANGE: $57,667 - $76,206
Blue Cross and Blue Shield of Minnesota
Director, Enterprise Risk Management
$338,253/yr
$236,748
$439,757
RANGE: $236,748 - $439,757
Mortenson
Risk Management Specialist
$79,009/yr
$67,888
$90,130
RANGE: $67,888 - $90,130
HNI Corporation
Risk Management Analyst
$86,206/yr
$73,516
$98,896
RANGE: $73,516 - $98,896
First International Bank & Trust
Head of Payments Risk Management
$602,148/yr
$376,680
$827,615
RANGE: $376,680 - $827,615
Mortenson Construction
Risk Management Coordinator
$86,117/yr
$74,927
$97,306
RANGE: $74,927 - $97,306
3M
Insurance Risk Management Analyst
$111,626/yr
$95,867
$127,385
RANGE: $95,867 - $127,385
USA 3M Company
Insurance Risk Management Analyst
$108,493/yr
$94,987
$121,999
RANGE: $94,987 - $121,999
Booz Allen
Cybersecurity Risk Management Architect
$145,981/yr
$127,329
$164,633
RANGE: $127,329 - $164,633

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Top 10 Highest Paying Cities For Risk Management Advisor Jobs in Minnesota

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Risk Management Advisor can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Risk Management Advisor job salaries in Minnesota. Some cities can pay higher salaries for Risk Management Advisor jobs, which can indicate that there is a large demand for Risk Management Advisor positions in this city.
The following table shows top 10 cities where the Risk Management Advisor salary is higher than other cities in Minnesota. Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka. The Risk Management Advisor salary is $132,490 in Minneapolis, which is higher than the national average. There are 7 cities' Risk Management Advisor salary higher than national average in Minnesota.
The average salary for a Risk Management Advisor in Minnesota is $127,745, but we found that the city with the highest salary for Risk Management Advisor jobs is Minneapolis, MN, and it is higher than Saint Paul. Risk Management Advisor 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 $132,490 $11,041 $2,548 $64
Saint Paul $132,490 $11,041 $2,548 $64
Minnetonka $132,490 $11,041 $2,548 $64
Eden Prairie $132,240 $11,020 $2,543 $64
Burnsville $132,115 $11,010 $2,541 $64
Lakeville $131,616 $10,968 $2,531 $63
Rochester $125,247 $10,437 $2,409 $60
Saint Cloud $123,124 $10,260 $2,368 $59
Duluth $120,627 $10,052 $2,320 $58

What Does a Risk Management Advisor Do?

Certain risk management standards have been criticized for having no measurable improvement on risk, whereas the confidence in estimates and decisions seems to increase.
Updated November 12, 2021
“Each of these concepts connects to the other and understanding the accounting impact is really the starting point for building a good currency risk management program,” Braun says.
Updated December 19, 2021
– Risk sources may be internal or external to the system that is the target of risk management (use mitigation instead of management since by its own definition risk deals with factors of decision-making that cannot be managed).
Updated December 16, 2021
Here we also discuss the introduction and techniques of credit risk management along with advantages and disadvantages.
Updated December 13, 2021
If you are interested in talking with a risk management consultant to help manage your business risks.
Updated December 13, 2021

Frequently Asked Questions About a Risk Management Advisor Salaries

What is the average of a Risk Management Advisor in Minnesota?

The Risk Management Advisor salary range is from $115,422 to $140,335, and the average Risk Management Advisor salary is $127,745/year in Minnesota. The Risk Management Advisor's salary will change in different locations.

Which location pays the highest Risk Management Advisor salary in the United States?

The Risk Management Advisor salary in San Jose, CA is $156,715 which is the highest in the US.

What kinds of reasons will influence the Risk Management Advisor'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 Risk Management Advisor.

What is the growth rate of the Risk Management Advisor's salary?

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