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Entry Level Risk Analyst Jobs in Minneapolis, MN

Liberty Mutual

Associate Account Analyst

Anoka, MN · Hybrid

This is an entry level position within the Account Analyst job family, with a goal of acquiring a basic understanding of risk evaluation on new and renewal business. * Gathers, organizes and enters ...

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Entry Level Risk Analyst information

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$16

$42

$68

How much do entry level risk analyst jobs pay per hour?

As of Aug 4, 2026, the average hourly pay for entry level risk analyst in Minneapolis, MN is $42.26, according to ZipRecruiter salary data. Most workers in this role earn between $31.11 and $51.44 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the entry level risk analyst position, and why are they important?

To thrive as an Entry Level Risk Analyst, you need strong analytical abilities, attention to detail, and a foundational understanding of finance, economics, or a related field, often supported by a relevant bachelor’s degree. Familiarity with risk management software, Excel, and data analysis tools is advantageous, and some companies value certifications like FRM or CFA Level I. Excellent communication, problem-solving skills, and the ability to work collaboratively make candidates stand out in this role. These skills and qualities are critical for accurately assessing risks, providing actionable insights, and supporting effective decision-making within the organization.

What is an entry level risk analyst?

An Entry Level Risk Analyst is responsible for identifying, assessing, and mitigating risks that could impact an organization’s financial stability and operations. They analyze data, create reports, and assist in developing risk management strategies under the guidance of senior analysts. This role typically involves working with financial models, market trends, and regulatory guidelines to support decision-making. Strong analytical skills, attention to detail, and proficiency in risk assessment tools are essential for success in this position.

What are some typical challenges faced by entry level risk analysts, and how can new hires prepare for them?

Entry Level Risk Analysts often face challenges such as quickly interpreting large volumes of complex data, adapting to evolving regulatory requirements, and learning industry-specific risk assessment methodologies. New hires can prepare by familiarizing themselves with common risk metrics, staying updated on regulatory changes, and practicing effective data analysis. It's also helpful to proactively seek guidance from more experienced team members and participate in relevant training sessions. With diligence and curiosity, most analysts develop confidence and expertise rapidly in this collaborative, knowledge-driven work environment.

Can I be an entry level risk analyst without a degree?

Entry level risk analyst positions typically require a bachelor's degree in fields like finance, economics, or related areas, but some employers may consider candidates with relevant experience, certifications, or strong analytical skills. Demonstrating proficiency in data analysis tools and understanding risk management concepts can also improve your chances without a formal degree.

How hard is it to become an entry level risk analyst?

Becoming an entry level risk analyst typically requires a bachelor's degree in finance, economics, or a related field, along with strong analytical skills and proficiency in data analysis tools like Excel or SQL. Gaining relevant internships or certifications such as the Financial Risk Manager (FRM) can also improve job prospects, but the overall entry process is accessible with the right education and skills.

How to become an entry level risk analyst with no experience?

To become an entry level risk analyst with no experience, focus on gaining relevant skills such as data analysis, Excel, and basic understanding of risk management principles through online courses or certifications. Internships, volunteering, or entry-level positions in related fields can provide practical experience, and a bachelor's degree in finance, economics, or a related field is often required.

What qualifications do I need to be an entry level risk analyst?

An entry-level risk analyst typically needs a bachelor's degree in finance, economics, statistics, or a related field. Strong analytical skills, proficiency in Excel and data analysis tools, and knowledge of risk management principles are also important for this role.
What are the most commonly searched types of Risk Analyst jobs in Minneapolis, MN? The most popular types of Risk Analyst jobs in Minneapolis, MN are:
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What cities near Minneapolis, MN are hiring for Entry Level Risk Analyst jobs? Cities near Minneapolis, MN with the most Entry Level Risk Analyst job openings:
Entry Level Risk Analyst jobs near you
Infographic showing various Entry Level Risk Analyst job openings in Minneapolis, MN as of July 2026, with employment types broken down into 93% Full Time, and 7% Contract. Highlights an 86% In-person, and 14% Hybrid job distribution, with an average salary of $87,899 per year, or $42.3 per hour.

Consultative Offerings - Analyst - Cyber

Deloitte

Minneapolis, MN • On-site

Other

Re-posted 15 days ago

Deloitte rating

8.1

Company rating: 8.1 out of 10

Based on 91 frontline employees who took The Breakroom Quiz

57th of 150 rated financial services

Job description

Are you ready to go beyond your potential and reach something greater? At Deloitte, we believe in more than just growth-we believe in exponential possibilities. Here, your unique talents and ambitions are amplified by the power of our collaborative teams, innovative thinking, and mentorship. When you join Deloitte, you don't just build a career-you unlock unlimited opportunities, shaping your future and the world around you. Take the power of you and put it to the power of Deloitte. Reach your exponential!

Recruiting for this role ends on 8/4/2026.

Work You'll Do
A tech-savvy and AI-ready Cyber Analyst who safeguards digital assets, helps clients manage their cyber strategy, and ensures cybersecurity resilience. Identifies, assesses, and mitigates cyber threats by analyzing systems and networks for vulnerabilities. Designs and implements security measures, supports threat detection, incident response, compliance, and risk management. Provides strategic and actionable recommendations to strengthen security posture and reduce risk exposure. Collaborates with clients to enhance overall protection against cyber risks.

Key responsibilities include:

  • Develop and assess cyber programs to align with strategic objectives and risk appetite.
  • Implement processes and technologies to manage regulatory, privacy, and data risks.
  • Enhance application, cloud, and IoT security; manage vulnerabilities.
  • Support cyber monitoring, analytics, crisis management, and incident response.
  • Advise clients on regulatory, operational, and strategic risk management.
  • Assist with attack surface management and ERP platform risk reduction.
  • Contribute to technical documentation and analysis for emerging technologies.

The Team


Our Deloitte team plays a major role in directly embedding technology insights into our clients' organizational goals. At Deloitte, our consultants create sharply-focused solutions within an organization's operating model, accounting for its people, intellectual capital, technology, and processes. Engagement teams at Deloitte drive value for our clients but also understand the importance of developing resources and contributing to the communities in which we work. We make it our business to take issue to impact, both within and beyond a client setting.

Required Qualifications

  • Must be currently enrolled in an accredited college or university and expected to graduate by Spring/Summer 2027 pursuing a bachelor's degree or higher in one of the following majors or a related/equivalent program
    • Business Administration
    • Cybersecurity
    • Information Security
    • Computer Science
    • Mathematics
    • Informatics
    • Data Analytics
    • Engineering
  • Strong academic track record (3.0 cumulative GPA required, 3.2 cumulative GPA preferred).
  • Must live within a commutable distance to your assigned office (e.g. 100-mile radius) with the ability to commute daily, if required, upon start date
  • Ability to travel up to 50%, on average, based on the work you do and the clients and industries/sectors you serve
  • Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future
  • Candidates must be at least 18 years of age at time of employment


This is an entry-level opportunity intended for candidates interested in beginning or building a career in this field. We welcome applicants from a range of educational and professional backgrounds who meet the qualifications for the role. For roles that require a year or more of work experience, please review the experienced jobs within our careers site.

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.  The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled.  At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case.  A reasonable estimate is $85,000.

Qualifications:

Are you ready to go beyond your potential and reach something greater? At Deloitte, we believe in more than just growth-we believe in exponential possibilities. Here, your unique talents and ambitions are amplified by the power of our collaborative teams, innovative thinking, and mentorship. When you join Deloitte, you don't just build a career-you unlock unlimited opportunities, shaping your future and the world around you. Take the power of you and put it to the power of Deloitte. Reach your exponential!

Recruiting for this role ends on 8/4/2026.

Work You'll Do
A tech-savvy and AI-ready Cyber Analyst who safeguards digital assets, helps clients manage their cyber strategy, and ensures cybersecurity resilience. Identifies, assesses, and mitigates cyber threats by analyzing systems and networks for vulnerabilities. Designs and implements security measures, supports threat detection, incident response, compliance, and risk management. Provides strategic and actionable recommendations to strengthen security posture and reduce risk exposure. Collaborates with clients to enhance overall protection against cyber risks.

Key responsibilities include:

  • Develop and assess cyber programs to align with strategic objectives and risk appetite.
  • Implement processes and technologies to manage regulatory, privacy, and data risks.
  • Enhance application, cloud, and IoT security; manage vulnerabilities.
  • Support cyber monitoring, analytics, crisis management, and incident response.
  • Advise clients on regulatory, operational, and strategic risk management.
  • Assist with attack surface management and ERP platform risk reduction.
  • Contribute to technical documentation and analysis for emerging technologies.

The Team


Our Deloitte team plays a major role in directly embedding technology insights into our clients' organizational goals. At Deloitte, our consultants create sharply-focused solutions within an organization's operating model, accounting for its people, intellectual capital, technology, and processes. Engagement teams at Deloitte drive value for our clients but also understand the importance of developing resources and contributing to the communities in which we work. We make it our business to take issue to impact, both within and beyond a client setting.

Required Qualifications

  • Must be currently enrolled in an accredited college or university and expected to graduate by Spring/Summer 2027 pursuing a bachelor's degree or higher in one of the following majors or a related/equivalent program
    • Business Administration
    • Cybersecurity
    • Information Security
    • Computer Science
    • Mathematics
    • Informatics
    • Data Analytics
    • Engineering
  • Strong academic track record (3.0 cumulative GPA required, 3.2 cumulative GPA preferred).
  • Must live within a commutable distance to your assigned office (e.g. 100-mile radius) with the ability to commute daily, if required, upon start date
  • Ability to travel up to 50%, on average, based on the work you do and the clients and industries/sectors you serve
  • Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future
  • Candidates must be at least 18 years of age at time of employment


This is an entry-level opportunity intended for candidates interested in beginning or building a career in this field. We welcome applicants from a range of educational and professional backgrounds who meet the qualifications for the role. For roles that require a year or more of work experience, please review the experienced jobs within our careers site.

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.  The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled.  At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case.  A reasonable estimate is $85,000.

Education:Bachelor's DegreeEmployment Type:

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