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As of August 01, 2026, the average salary for a Risk Management Associate in Minnesota is $65,102 per year, which breaks down to an hourly rate of $31.
However, a Risk Management Associate's salary can vary significantly. Here’s a look at the typical salary range:
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Risk Management Associate Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $70,894 | $5,908 | $1,363 | $34 |
| Average | $65,102 | $5,425 | $1,252 | $31 |
| 25th Percentile | $61,267 | $5,106 | $1,178 | $29 |
Aritzia LP - Minneapolis, MN
TradeJobsWorkforce - Rochester, MN
Atmosphere Commercial Interiors - Minneapolis, MN
Bright Vision Healthcare LLC - Minneapolis, MN
A Risk Management Associate's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Risk Management Associate's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Risk Mana... Level Risk Management Associate | $64,676 |
| Risk Anal... Level Risk Management Associate | $79,451 |
| Risk Anal... Level Risk Management Associate | $96,684 |
| Risk Anal... Level Risk Management Associate | $122,552 |
| Risk Anal... Level Risk Management Associate | $155,794 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Risk Management Associates. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Risk Management Associate roles, the industry you choose can affect earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Financial Services sectors offer the strongest compensation, at 20% above the average. In contrast, Risk Management Associate positions in Hospitality & Leisure or Retail & Wholesale typically offer lower base pay, as these industries often view Risk Management Associate as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $78,123 | $38.0 | 20% |
| Financial Services | $74,868 | $36.0 | 15% |
| Healthcare | $74,868 | $36.0 | 15% |
| Aerospace & Defense | $71,613 | $34.0 | 10% |
| Energy & Utilities | $71,613 | $34.0 | 10% |
Understanding how a Risk Management Associate's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $70,894 | $5,908 | $1,363 | $34 |
| Average | $65,102 | $5,425 | $1,252 | $31 |
| 25th Percentile | $61,267 | $5,106 | $1,178 | $29 |
Ready to take the next step in your career? Browse thousands of current Risk Management Associate job openings on our job board. Use the search bar below to find your perfect match.
ROGERS ENTERPRISES, Inc.
Mankato, MN
ROGERS ENTERPRISES, Inc. | Mankato, MN
Job Title. Location 1850 Adams St., Suite 110, Mankato, MN, 56001, United States. Base Pay $15.00 - $17.00 / Hour. Job Category Minnesota. Employee Type No... more
11 Days Ago
Bank of America
Minneapolis, MN
Bank of America | Minneapolis, MN
Merrill Wealth Management Position. Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services... more
9 Days Ago
HealthPartners
Minneapolis, MN
HealthPartners | Minneapolis, MN
Health Information Management Associate. Join our team at Regions Hospital as a Health Information Management Associate. This position performs a wide vari... more
10 Days Ago
Bank of America
Wayzata, MN
Bank of America | Wayzata, MN
Job Opportunity. Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, c... more
11 Days Ago
C4 Technical Services
Minneapolis, MN
C4 Technical Services | Minneapolis, MN
Job Description. Job Description. The Patient Order Management Associate manages the patient order. This position is responsible for reviewing medical reco... more
11 Days Ago
Thomson Reuters
Saint Paul, MN
Thomson Reuters | Saint Paul, MN
Materials Management Associate - 1st Shift. We are hiring a Materials Management Associate for our printing plant team in Eagan, Minnesota. For this role, ... more
10 Days Ago
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