ZipRecruiter

Log In

1

Insurance Risk Analyst Jobs in Minnesota (NOW HIRING)

Rjm Construction

Risk Manager

Golden Valley, MN · On-site

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 ...

Titus Talent Strategies

Risk Manager

Minneapolis, MN · On-site

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 ...

RJM CONSTRUCTION LLC

Risk Manager

Golden Valley, MN

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 ...

Accenture

Commercial Insurance Analyst

Minneapolis, MN · On-site

$23.13 - $48.13/hr

The primary responsibility of the Commercial Insurance Analyst is to ensure compliance with the ... Experience in commercial lending i.e. portfolio management, risk analysis, financial analysis.

JLL

Senior Insurance Analyst

Saint Paul, MN · On-site

$86K - $107K/yr

The main function of the Senior Insurance Analyst for JLL Real Estate Capital is to provide ... Collaborate with the Clients, Risk Managers, and their Agents to recommend and ensure that ...

previous page

Showing results 41-60

All JobsInsurance Risk Analyst JobsInsurance Risk Analyst Jobs in Minnesota

Insurance Risk Analyst information

See Minnesota salary details

$48K

$81.5K

$152.8K

How much do insurance risk analyst jobs pay per year?

As of Sep 10, 2026, the average yearly pay for insurance risk analyst in Minnesota is $81,523.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,700.00 and $84,700.00 per year, depending on experience, location, and employer.

What is an insurance risk analyst?

Insurance Risk Analysts are professionals who assess and analyze potential risks that could affect an insurance company or its clients. They evaluate data and financial information to determine the likelihood and potential cost of events such as accidents, natural disasters, or other losses. Their work helps insurance companies set appropriate premiums and develop strategies to minimize financial loss. Insurance Risk Analysts also monitor trends and provide recommendations to reduce risk exposure.

What does an insurance risk analyst do?

An insurance risk analyst performs a variety of duties related to assessing risks your clients may undergo and how to insure them properly. You collect and analyze data, such as past claims in the industry, competitor pricing, and various risk management strategies to help your company keep costs down. Qualifications for the job include career training, education, and specialized skills. Typically, you need a bachelor’s degree in accounting or finance and some work experience in the industry. Important skills include an excellent eye for detail and strong analytical problem-solving.

What are the key skills and qualifications needed to thrive as an insurance risk analyst, and why are they important?

To thrive as an Insurance Risk Analyst, you need strong analytical skills, a solid understanding of risk assessment methodologies, and typically a bachelor’s degree in finance, mathematics, or a related field. Familiarity with statistical software, risk modeling tools, and certifications such as Chartered Property Casualty Underwriter (CPCU) or Associate in Risk Management (ARM) are often required. Attention to detail, critical thinking, and effective communication are crucial soft skills for interpreting data and presenting findings to stakeholders. These skills ensure accurate risk evaluation, informed decision-making, and the development of effective risk mitigation strategies within insurance organizations.

What are some common challenges faced by insurance risk analysts in evaluating emerging risks?

Insurance Risk Analysts often encounter challenges when assessing emerging risks such as cyber threats, climate change, or new technologies, as there may be limited historical data available. This requires them to continuously update their knowledge, collaborate with underwriters, actuaries, and external experts, and adopt advanced analytical tools to make informed recommendations. Staying proactive in identifying trends and adapting risk models is essential for success in this dynamic environment.

What is the difference between Insurance Risk Analyst vs Insurance Underwriter?

AspectInsurance Risk AnalystInsurance Underwriter
Required CredentialsBachelor's degree in finance, economics, or related field; certifications like CPCU or ARM beneficialBachelor's degree in finance, economics, or related field; certifications like CPCU or ARM beneficial
Work EnvironmentAnalyzes data, assesses risks, and provides reports; often in an office settingEvaluates applications, determines policy terms, and approves or declines coverage; office-based
Employer & Industry UsageInsurance companies, risk management firms, consulting agenciesInsurance companies, brokerage firms, underwriting agencies

While both roles require similar credentials and work in the insurance industry, Insurance Risk Analysts focus on analyzing and quantifying risks to inform decision-making, whereas Insurance Underwriters evaluate individual applications to determine policy terms. Understanding these differences helps clarify career paths and employer expectations in the insurance sector.

How much do insurance risk analysts get paid?

Insurance risk analysts typically earn a median annual salary of around $70,000 to $90,000, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts or those with specialized skills can earn over $100,000 annually.

How much does an insurance risk analyst make?

The average salary for an insurance risk analyst is around $70,000 to $90,000 per year, depending on experience, location, and industry. Entry-level positions typically start lower, while experienced analysts with certifications can earn higher salaries. Skills in data analysis and risk assessment tools are often required for higher-paying roles.

Is an insurance risk analyst a good career?

An insurance risk analyst is a professional who assesses and manages risks for insurance companies, often requiring strong analytical skills and knowledge of insurance policies. The role offers opportunities for career growth, stability, and the potential for specialization in areas like underwriting or data analysis, with many positions requiring relevant certifications or degrees. Overall, it can be a stable and rewarding career for those interested in finance, risk management, and data analysis.
More about Insurance Risk Analyst jobs

What are popular job titles related to Insurance Risk Analyst jobs in Minnesota?

For Insurance Risk Analyst jobs in Minnesota, the most frequently searched job titles are:

What job categories do people searching Insurance Risk Analyst jobs in Minnesota look for?

The top searched job categories for Insurance Risk Analyst jobs in Minnesota are:

What are popular job titles related to Insurance Risk Analyst jobs in MN?

For Insurance Risk Analyst jobs in MN, the most frequently searched job titles are:

Insurance Risk Analyst jobs near you
Infographic showing various Insurance Risk Analyst job openings in Minnesota as of September 2026, with employment types broken down into 100% Full Time. Highlights an 74% In-person, and 26% Hybrid job distribution, with an average salary of $81,523 per year, or $39.2 per hour.

Commercial Insurance Sales - Risk Advisor

Saint Cloud, MN • On-site

North Risk Partners LLC
Insurance Services • 201 - 500 employees
Learn more about North Risk Partners LLCexternal

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 20 days ago

North Risk Partners rating

8.7

Company rating: 8.7 out of 10

Based on 6 frontline employees who took The Breakroom Quiz

Job description

Job Type
Full-time
Description
WHY NORTH RISK PARTNERS
Are you interested in doing work that matters everyday with an organization intentional about building and living out a values-driven team culture? North Risk Partners is a fast-growing firm dedicated to serving the insurance and risk management needs of businesses and individuals. We provide expertise in Commercial Lines, Employee & Individual Benefits, Personal Lines, Surety, Claims, and Risk Management. Our team consists of over 450 employees working in over 30 locations across five states, including Minnesota, Iowa, North Dakota, South Dakota, and Nebraska.
At North Risk Partners, our #oneTEAM lives out #oneMISSION: to provide extraordinary #service to our clients, to each other, and to our communities while living out our core values each day. Our team environments are designed to provide #oneTEAM members opportunity to focus on collaborative relationships (clients and team), variety from day-to-day, constant learning, and the tools and resources to learn and grow at work and in life.
JOB SUMMARY
North Risk's Commercial Lines #oneTEAM is currently seeking a driven and enthusiastic Risk Advisor. This position will build business by identifying prospects, converting prospects to clients and maintaining relationships with existing clients. Risk Advisors are required to generate new business to meet minimum sales goals established by North Risk Partners.
ESSENTIAL RESPONSIBILITIES
  • Prospect and generate new business appointments
  • Analyze and develop solutions for prospective and current client business insurance needs
  • Develop strong relationships with clients through advising and offering all value-added services available through North Risk Partners
  • Sell/refer business across all departments (i.e., property and casualty, employee benefits and personal lines)
  • Study trends and advancements in the insurance and finance industries as well as changes to the regulatory climate for businesses and the insurance industry overall to keep knowledge current and plan strategically
  • Attend and actively participate in agency sales training meetings
  • Develop and maintain positive relationships with partner insurance carriers
  • Continuously fill the sales pipeline and meet monthly goals associated with the pipeline
  • Enter activity and other relevant information into the company's software system(s) in accordance with company procedures
  • Follow all federal and state regulations, and best practices for avoiding errors and omissions
  • Collect overdue account receivable balances from customers. See company policy
  • Continue professional development; pursue and maintain professional designations if applicable
  • Travel as necessary to meet client needs

Requirements
QUALIFICATIONS (Knowledge, Skills, & Abilities)
  • A combination of education and experience generally attained through a high school degree, bachelor's degree, and a minimum of 3 years in a sales role
  • Ability to obtain & maintain a property & casualty license
  • Commission based sales experience is helpful, but not required
  • Demonstrated experience with prospecting and proactive outreach
  • Experience with building new relationships and maintaining existing ones

BEHAVIOR EXPECTATIONS
  • A role model for North Risk Partners' core values, mission, and desired culture
  • Demonstrate enthusiasm and a positive attitude
  • Professionally and positively represent North Risk Partners to all coworkers, clients, and external stakeholders
  • A team player who collaborates and works well with his/her coworkers
  • A professional who demonstrates the ability to carry on a conversation with clients, Risk Advisors, and other coworkers within North Risk Partners

PHYSICAL REQUIREMENTS
  • Perform under normal office conditions; may include lifting/carrying objects weighing up to 25 pounds
  • Twist, bend, stoop, kneel, squat, stand, walk, and reach frequently
  • Hear, speak, and effectively verbally communicate in the English language, including following oral and written instructions to communicate with people inside and outside of the organization
  • Sit and a desk for extended periods of time and perform long hours of work sitting at a computer
  • Move around office/building/facilities repeatedly throughout the day
  • Apply manual dexterity, visual acuity and ability, for computer keyboarding, office equipment uses, review of detailed reports, information, fine print, and warning labels
  • Must possess valid driver's license and be able to travel to different North Risk Partners locations for meetings, as well as various locations throughout the state and potentially the region for client meetings
  • Able to work a flexible work schedule, including overtime, nights, and weekends to attend events and meetings as needed

TOOLS AND EQUIPMENT USED
Incumbents must be able to use telephones, calculators, copy machines, computers, printers, and other office equipment.
WORK ENVIRONMENT
The work environment is primarily indoors. Exposure to a variety of weather conditions during work related travel and events held outside of the workplace will occur and I acknowledge that I have read, understood, and agree with the contents of this position description. I agree to use my best efforts to fulfill all expectations of the position. I also acknowledge that I am an at-will employee.
This job description does not necessarily list all the job functions or accountabilities of the job. Employees may be asked by management to perform additional duties and tasks. Management reserves the right to revise and update job descriptions at any time.
COMPENSATION AND BENEFITS
The estimated base salary range for this full-time position is $50,000 - $80,000 annually, plus commission and benefits. The salary of the finalist selected for this role will be set based on a variety of factors, including but not limited to departmental budgets, qualifications, experience, education, licenses, specialty, and training. The hiring range represents the company's good faith and reasonable estimate of the range of possible compensation at the time of posting.
We offer a comprehensive benefits package, including health, dental, vision, short-term and long-term disability, life, long-term care, 401(k) plan, and more. North Risk Partners is growing which means your career can too. #oneTEAM members receive continuing professional education and development, volunteer time off, paid time off, and paid holidays.

What North Risk Partners employees say

Pay

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply