1

Associate Risk Manager Jobs in Eden Prairie, MN (NOW HIRING)

Associate's degree or equivalent combination of education and experience. * Minimum five (5) years of experience in risk management, insurance administration, claims coordination, construction ...

... risk management expectations. Key Competencies for Position People Leadership: * Coach & Empower Others: Provides timely feedback, support, and guidance to encourage and support associates to ...

... risk management expectations. Key Competencies for Position People Leadership: * Coach & Empower Others: Provides timely feedback, support, and guidance to encourage and support associates to ...

next page

Showing results 1-20

Associate Risk Manager information

See Eden Prairie, MN salary details

$12

$25

$51

How much do associate risk manager jobs pay per hour?

As of Jul 16, 2026, the average hourly pay for associate risk manager in Eden Prairie, MN is $25.91, according to ZipRecruiter salary data. Most workers in this role earn between $17.64 and $30.38 per hour, depending on experience, location, and employer.

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.

How much does a risk manager get paid?

The average salary for an associate risk manager typically ranges from $60,000 to $100,000 annually, depending on experience, industry, and location. Entry-level positions may start lower, while experienced risk managers with certifications like FRM or CRM can earn higher salaries, often supplemented with bonuses and benefits.

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

To thrive as an Associate Risk Manager, you need strong analytical abilities, knowledge of risk assessment methodologies, and a bachelor's degree in finance, business, or a related field. Familiarity with risk management software, Microsoft Excel, and relevant certifications such as CRM or FRM are commonly expected. Excellent communication, problem-solving skills, and attention to detail help you collaborate effectively and identify potential risks. These competencies are crucial for identifying, evaluating, and mitigating organizational risks to support informed decision-making and safeguard company assets.

What are some common challenges an Associate Risk Manager faces when collaborating across departments?

Associate Risk Managers often work closely with various departments such as finance, operations, and compliance to identify and mitigate risks. A common challenge is ensuring clear communication and alignment, as different teams may have varying priorities and levels of risk awareness. Successfully navigating these dynamics requires strong interpersonal skills and the ability to translate complex risk concepts into actionable recommendations for non-specialists. Building trust and maintaining open lines of communication are key to fostering effective cross-departmental collaboration.

What is the difference between Associate Risk Manager vs Risk Analyst?

AspectAssociate Risk ManagerRisk Analyst
CredentialsBachelor's degree, certifications like CRM or FRM often preferredBachelor's degree, certifications like CRM or FRM beneficial
Work EnvironmentCollaborates with risk management teams, involved in strategy developmentAnalyzes data, assesses risks, supports risk management decisions
Employer & Industry UsageInsurance, banking, corporate risk departmentsFinancial services, insurance, consulting firms

The Associate Risk Manager and Risk Analyst roles share similar credentials and industry usage, but the Associate Risk Manager typically has more involvement in strategic planning and risk mitigation efforts, whereas the Risk Analyst focuses more on data analysis and risk assessment support.

What does an Associate Risk Manager do?

An Associate Risk Manager is responsible for helping organizations identify, assess, and minimize risks that could impact their operations, finances, or reputation. They work closely with senior risk managers to develop risk management strategies, conduct risk assessments, and implement control measures. Their duties may also include analyzing data, preparing reports, and ensuring compliance with regulatory requirements. This role is often entry-level or early-career, providing foundational experience in risk management practices. Associate Risk Managers play a key role in supporting the overall risk management framework within an organization.

What is the highest salary for a risk manager?

The highest salaries for associate risk managers can reach over $120,000 annually, especially for those with extensive experience, specialized certifications, or working in high-demand industries. Senior risk managers or those in leadership roles can earn significantly higher, often exceeding $150,000 to $200,000 per year.

What is an associate risk manager?

An associate risk manager is an entry-level or junior professional responsible for assisting in identifying, assessing, and mitigating risks within an organization. They often support senior risk managers by analyzing data, preparing reports, and implementing risk management strategies, typically requiring knowledge of risk assessment tools and relevant certifications such as CRM or FRM.
What job categories do people searching Associate Risk Manager jobs in Eden Prairie, MN look for? The top searched job categories for Associate Risk Manager jobs in Eden Prairie, MN are:
What cities near Eden Prairie, MN are hiring for Associate Risk Manager jobs? Cities near Eden Prairie, MN with the most Associate Risk Manager job openings:
Risk Manager

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 8 days ago


Job description

Help RJM Construction stay one step ahead. We are seeking a forward-thinking Risk Manager to lead enterprise risk initiatives, strengthen internal controls, and help guide strategic decisions that support sustainable growth and operational excellence.

Position Summary

The Risk Manager is responsible for leading and administering the company's risk management, insurance, and claims programs while supporting operational teams in managing risk across all projects. This role develops and implements risk management strategies, oversees insurance compliance and claims administration, and provides guidance to project teams, leadership, and business partners on risk-related matters. The Risk Manager serves as a key resource for insurance, loss prevention, subcontractor risk management, and regulatory compliance initiatives.

Essential Responsibilities

Risk Management

  • Lead the development, implementation, maintenance, and continuous improvement of company-wide risk management policies, procedures, and best practices.
  • Provide recommendations to the General Counsel regarding risk management strategies and oversee implementation of approved initiatives.
  • Establish controls and monitoring processes to ensure risk management procedures are consistently followed throughout the organization.
  • Support and coordinate internal risk management and insurance training programs to promote awareness, compliance, and effectiveness.
  • Identify, assess, and communicate emerging risks and ensure appropriate escalation of significant legal or risk-related matters to the General Counsel.

Insurance Administration & Risk Transfer

  • Administer the company's Subcontractor Default Insurance (SDI) program, including subcontractor qualification review, compliance monitoring, claims coordination, and collaboration with project and finance teams.
  • Lead administration of Builders Risk insurance programs, including policy placement, coverage review, endorsements, renewals, and coordination with brokers, carriers, and project teams.
  • Oversee the collection, review, and tracking of Certificates of Insurance (COIs) to ensure subcontractor and vendor compliance with contractual insurance requirements.
  • Manage the company's insurance portfolio, including policy administration, renewals, endorsements, coverage documentation, and carrier relationships.
  • Coordinate and support insurance-related audits and reviews, including workers' compensation, general liability, OSHA, and other risk management audits.

Claims Management

  • Manage incident reporting processes and ensure timely notification to insurance carriers and applicable stakeholders.
  • Serve as the primary liaison among project teams, insurance carriers, brokers, adjusters, third-party administrators, and other claim-related parties.
  • Monitor, track, and manage open claims, ensuring accurate documentation and timely resolution.
  • Oversee claim investigations, ensuring compliance with policy requirements, effective documentation, and alignment with company risk management objectives.
  • Support the General Counsel in managing complex claims, litigation matters, and related risk mitigation efforts.

Data Management, Reporting & Analysis

  • Establish and maintain standards for accurate risk, insurance, and claims documentation and reporting.
  • Analyze claims activity, incident trends, insurance compliance metrics, and loss data to identify opportunities for risk reduction.
  • Prepare reports and presentations for leadership regarding claim performance, insurance program effectiveness, compliance status, and loss trends.
  • Provide data and analysis to support insurance renewals, broker negotiations, and risk management reviews.

Cross-Functional Leadership & Collaboration

  • Partner with Project Managers, Superintendents, Human Resources, Accounting, Safety, and Legal teams to support organizational risk management objectives.
  • Provide subject matter expertise and consultative support related to insurance coverage, contractual risk transfer, claims management, and risk mitigation strategies.
  • Foster strong relationships with internal stakeholders, insurance carriers, brokers, consultants, and external partners.

Additional Responsibilities

  • Consistently deliver The RJM FOCUS Philosophy to internal and external stakeholders.
  • Participate in and complete all required company safety training and compliance programs.
  • Perform other duties and responsibilities as assigned

Education & Experience

Required

  • Associate's degree or equivalent combination of education and experience.
  • Minimum five (5) years of experience in risk management, insurance administration, claims coordination, construction operations, safety, or a related field.
  • Working knowledge of workers' compensation, general liability, automobile liability, and umbrella insurance programs.

Preferred

  • Bachelor's degree in Risk Management, Construction Management, Business Administration, Safety Management, or a related discipline.
  • Experience in commercial construction, industrial construction, or heavy civil environments.
  • Professional risk management or insurance certifications (ARM, CRM, CPCU, or equivalent) are a plus.
  • Experience administering SDI and Builders Risk insurance programs.

Knowledge, Skills & Abilities

  • Demonstrates professionalism and the ability to positively represent RJM Construction in all interactions.
  • Excellent verbal, written, and interpersonal communication skills.
  • Strong analytical, problem-solving, and decision-making abilities.
  • Thorough understanding of risk management principles, insurance programs, and risk transfer strategies.
  • Ability to interpret contracts, insurance policies, and compliance requirements.
  • Proficient in Microsoft Office Suite, including Excel, Word, Outlook, and related business applications.
  • Strong technical aptitude and ability to learn new systems and processes.
  • Highly organized with the ability to manage multiple priorities and meet deadlines.
  • Self-motivated and able to work independently with minimal supervision.
  • Exceptional attention to detail and accuracy.
  • Demonstrates high integrity, sound judgment, and dependability.
  • Maintains strict confidentiality regarding company, employee, and project information.

At RJM, you’ll find:

  • A people first culture built on trust, teamwork, and integrity
  • A collaborative environment that values innovation and continuous improvement
  • A leadership team that invests in your success
  • Competitive pay ($125k to $190k) and comprehensive benefits, including
    • Medical, dental, and vision coverage
    • Open PTO
    • Retirement plan with employer match
    • Voluntary benefits such as STD, LTD, life, critical illness, hospital indemnity, pet insurance