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Assistant Risk Manager Jobs in Minnesota (NOW HIRING)

Donaldson Company, Inc.

Risk Manager

Bloomington, MN · On-site

$93K - $122K/yr

The Risk Manager partners closely with the Director of Risk Management to support the ... Support the placement and renewal of global property and casualty insurance programs * Assist with ...

Donaldson Company, Inc.

Risk Manager

Bloomington, MN · Hybrid

$93K - $122K/yr

The Risk Manager partners closely with the Director of Risk Management to support the ... Support the placement and renewal of global property and casualty insurance programs * Assist with ...

U.S. Bank

AI Risk Program Manager

Minneapolis, MN · On-site

We are seeking an experienced AI technology risk manager to support the build and execution of our ... * Assist in identification and escalation of unregistered or unauthorized use case Basic ...

US Bank

AI Risk Program Manager

Minneapolis, MN · On-site

We are seeking an experienced AI technology risk manager to support the build and execution of our ... * Assist in identification and escalation of unregistered or unauthorized use case Basic ...

Old National Bank

Wealth Risk Officer

Waconia, MN · On-site

$60K - $121K/yr

Work closely with the Wealth Risk Manager on high priority projects and tasks. Assist with coordinating internal and external audits and examinations. Support Wealth Management investment and ...

Old National Bank

Wealth Risk Officer

Waconia, MN

$60K - $121K/yr

Work closely with the Wealth Risk Manager on high priority projects and tasks. Assist with coordinating internal and external audits and examinations. Support Wealth Management investment and ...

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All JobsAssistant Risk Manager JobsAssistant Risk Manager Jobs in Minnesota

Assistant Risk Manager information

See Minnesota salary details

$24.3K

$69.5K

$147.2K

How much do assistant risk manager jobs pay per year?

As of Jun 19, 2026, the average yearly pay for assistant risk manager in Minnesota is $69,454.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,322.00 and $87,445.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Assistant Risk Manager, and why are they important?

To thrive as an Assistant Risk Manager, you need strong analytical skills, attention to detail, and a degree in finance, business, or a related field. Familiarity with risk management software, data analysis tools like Excel, and relevant certifications such as ARM (Associate in Risk Management) are typically required. Excellent communication, problem-solving abilities, and teamwork help you effectively assess risks and collaborate with stakeholders. These skills ensure accurate risk identification, mitigation, and the safeguarding of organizational assets.

What jobs in the US pay 300,000 a year?

In the US, high-paying roles such as senior risk managers, investment bankers, corporate executives, and specialized physicians can earn $300,000 or more annually. These positions often require advanced degrees, extensive experience, and strong skills in finance, management, or healthcare. Compensation varies based on industry, location, and individual performance.

What does an Assistant Risk Manager do?

An Assistant Risk Manager helps organizations identify, assess, and minimize potential risks that could affect their operations or financial stability. Their responsibilities typically include conducting risk assessments, analyzing data, assisting in the development of risk management policies, and helping to implement risk mitigation strategies. They work closely with other departments to ensure compliance with regulations and to support the overall risk management framework. This role often involves preparing reports, supporting insurance processes, and staying up to date on industry best practices to protect the organization from potential loss.

How does an Assistant Risk Manager typically collaborate with other departments to identify and mitigate risks?

An Assistant Risk Manager frequently works cross-functionally, partnering with departments such as finance, operations, and compliance to identify potential risks and develop mitigation strategies. This role often involves gathering information from various teams, facilitating risk assessments, and ensuring that all departments understand and adhere to risk management policies. Collaboration may include regular meetings, joint projects, and providing training or support to help other teams recognize and address emerging risks. Strong communication and interpersonal skills are essential for building effective relationships and fostering a culture of risk awareness throughout the organization.

What is an assistant Risk Manager?

An assistant risk manager supports the risk management team by helping identify, assess, and mitigate potential risks within an organization. They often assist with data analysis, report preparation, and implementing risk control measures, requiring knowledge of risk management principles and relevant tools. This role typically involves collaboration with other departments and may require certifications such as CRM or FRM.

What jobs pay 500,000 a year in the US?

High-paying roles such as senior executives, investment bankers, specialized surgeons, and certain law firm partners can earn $500,000 or more annually. These positions often require advanced degrees, extensive experience, and strong industry networks, with compensation frequently including bonuses, profit sharing, or equity. In the context of risk management, senior risk executives or chief risk officers at large financial institutions may also reach this level of compensation.

Do risk managers make good money?

Risk managers typically earn a competitive salary that varies based on experience, industry, and location. According to industry data, median annual salaries range from $70,000 to over $120,000, with higher earnings possible for those with advanced certifications like the CRM or FRM. The role often requires strong analytical skills and knowledge of risk assessment tools.
What are the most commonly searched types of Risk Manager jobs in Minnesota? The most popular types of Risk Manager jobs in Minnesota are:
What are popular job titles related to Assistant Risk Manager jobs in Minnesota? For Assistant Risk Manager jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Assistant Risk Manager jobs in Minnesota look for? The top searched job categories for Assistant Risk Manager jobs in Minnesota are:
Assistant Risk Manager jobs near you
Infographic showing various Assistant Risk Manager job openings in Minnesota as of June 2026, with employment types broken down into 1% As Needed, 83% Full Time, 15% Part Time, and 1% Temporary. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $69,454 per year, or $33.4 per hour.
Risk Manager

Risk Manager

Donaldson Company, Inc.

Bloomington, MN • On-site

$93K - $122K/yr

Full-time

Medical, Retirement

Posted 15 days ago

Job description

Donaldson is committed to solving the world's most complex filtration challenges. Together, we make cool things. As an established technology and innovation leader, we are continuously evolving to meet the filtration needs of our changing world. Join a culture of collaboration and innovation that matters and a chance to learn, effect change, and make meaningful contributions at work and in communities.
Position Summary:
The Risk Manager partners closely with the Director of Risk Management to support the administration and continuous improvement of the Company's global risk management and insurance programs. This role plays a key part in protecting the organization's assets through a strong focus on workers' compensation claims management within a high-deductible program and property loss prevention through coordination with FM Global engineering resources.
The position requires a detail-oriented professional who can effectively collaborate across functions-including HR, EHS, Finance, Legal, and Operations-to drive claim outcomes, manage risk, and support strategic initiatives. Qualified candidates must be able to work a hybrid schedule at our Bloomington, MN office/facility.
Role Responsibilities:
Workers' Compensation Claims Management
  • Lead day-to-day oversight of workers' compensation claims within a high-deductible program
  • Manage the third-party administrator (TPA) to drive claim strategy, reserve adequacy, and timely resolution
  • Conduct regular claim reviews, with a focus on large, complex, or litigated claims
  • Collaborate with key stakeholders on return-to-work planning, accommodations, and claim resolution strategies
  • Monitor and report claim trends, identify loss drivers, and recommend actionable improvements
  • Support litigation management, including coordination with defense counsel and internal stakeholders

FM Global Engineering & Property Risk Management
  • Coordinate with FM Global and partner with internal stakeholders to lead property risk engineering and loss prevention initiatives
  • Manage FM engineering visits, track and prioritize recommendations to ensure timely execution by facility teams, report follow-up activities, and monitor progress

Insurance Program Administration
  • Support the placement and renewal of global property and casualty insurance programs
  • Assist with exposure data collection, underwriting submissions, and program analysis
  • Manage certificates of insurance, policy documentation, and related compliance activities
  • Coordinate with brokers and insurers to address coverage questions and policy administration
  • Support M&A due diligence and insurance program integration
  • Review contractual insurance requirements for alignment with risk management standards

Claims Management (General Liability, Auto, Property)
  • Support the management of general liability, auto liability, and property claims as needed
  • Assist with claim reporting, investigation coordination, and coverage analysis
  • Partner with internal stakeholders and external partners to facilitate efficient claim resolution

Analytics & Reporting
  • Analyze and report claims, exposure, and loss prevention data to identify trends and inform risk management strategy
  • Develop and maintain reports and dashboards related to claims performance and risk metrics
  • Support budgeting, accruals, and total cost of risk analysis

Minimum Qualifications:
  • Bachelor's degree
  • 8+ years of experience in risk management, insurance, or claims administration

Preferred Qualifications:
  • Strong knowledge of workers' compensation claims handling practices
  • Experience managing workers' compensation programs in a high-deductible or self-insured environment
  • Experience working with third-party administrators (TPAs) and conducting claim reviews
  • Familiarity with FM Global or similar property risk engineering carriers
  • Professional designations such as ARM, CPCU, or similar
  • Excellent analytical, organizational, and communication skills
  • Ability to manage multiple priorities and work effectively across functions

Relocation: This position is not eligible for relocation assistance.
Annual Salary Range: $93,800 - 122,000. Actual salaries will vary based on several factors including, but not limited to applicable work experience, training, education, performance. Based on work location, geographic adjustment is included.
This position is eligible for sales incentive or commission plan, based on sales targets under company policy.
Employee benefits are part of the competitive total rewards package that Donaldson Company, Inc. provides to you. Our comprehensive benefits program includes health benefits, retirement plan (401k), paid time away, paid leaves (including paid parental leave) and more.
Immigration Sponsorship Not Available:
  • Applicants for this position must be currently and legally authorized to work in the United States without the need for current or future sponsorship (e.g., H-1B, J-1, F-1, CPT, OPT, etc.).
  • Donaldson will not offer immigration sponsorship or assume sponsorship of an employment visa for this position.
  • International relocation or remote work arrangements outside of the U.S. will not be considered.

Keywords: Risk Management, Continuous Improvement, Loss Prevention, Workers Compensation, Claims
#LI-Hybrid - for hybrid roles
Equal Opportunity Employer, including Disability and Veterans
Employment opportunities for positions in the United States may require use of information which is subject to the export control regulations of the United States. Hiring decisions for such positions are required by law to be made in compliance with these regulations. Applicants for employment opportunities in other countries must be able to meet the comparable export control requirements of that country and of the United States.
Donaldson Company has been made aware that there are several recruiting scams that are targeting job seekers. These scams have attempted to solicit money for job applications and/or collect confidential information, Donaldson will never solicit money during the application or recruiting process. Donaldson only accepts online applications through our Careers | Donaldson Company, Inc. website and any communication from a Donaldson recruiter would be sent using a donaldson.com email address. If you have any questions about the legitimacy of an employment opportunity, please reach out to talentacquisition@donaldson.com to verify that the communication is from Donaldson.
Our policy is to provide equal employment opportunities to all qualified persons without regard to race, gender, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity and/or expression, or other status protected by law.

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