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Manager Of Risk Management Jobs in Minnesota (NOW HIRING)

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 ... Workers' Compensation Claims Management * Lead day-to-day oversight of workers' compensation claims ...

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 ... Workers' Compensation Claims Management * Lead day-to-day oversight of workers' compensation claims ...

Allianz

Deputy Risk Officer

Minneapolis, MN · On-site

$145K - $155K/yr

Allianz Technology of America, Inc. seeks a Deputy Risk Officer to lead the implementation and regular performance of the annual risk management lifecycle. Responsible for the development and ...

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Manager Of Risk Management information

See Minnesota salary details

$42.6K

$101.6K

$164.1K

How much do manager of risk management jobs pay per year?

As of Sep 1, 2026, the average yearly pay for manager of risk management in Minnesota is $101,569.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,000.00 and $129,300.00 per year, depending on experience, location, and employer.

What is the difference between Manager Of Risk Management vs Risk Analyst?

AspectManager Of Risk ManagementRisk Analyst
Required CredentialsBachelor's degree, professional risk management certifications (e.g., CRM, FRM)Bachelor's degree, often pursuing certifications like CRM or FRM
Work EnvironmentOversees risk management teams, develops strategies, collaborates with senior managementAnalyzes data, assesses risks, prepares reports, supports risk strategies
Employer & Industry UsageFinancial institutions, insurance companies, large corporationsFinancial firms, insurance, consulting, and corporate risk departments

The Manager Of Risk Management typically leads risk strategies and manages teams, requiring advanced certifications and experience. In contrast, a Risk Analyst focuses on data analysis and risk assessment, often with similar educational backgrounds but less managerial responsibility. Both roles are essential in risk management but differ in scope and seniority.

Do risk managers make good money?

Risk managers typically earn a competitive salary that varies by industry, experience, and location. According to industry data, median annual salaries range from $80,000 to over $130,000, with higher earnings possible for those with advanced certifications like CRM or FRM. The role often requires strong analytical skills and knowledge of risk assessment tools.

How much do risk managers earn?

Risk managers typically earn a median annual salary of around $100,000, with salaries ranging from approximately $70,000 to over $150,000 depending on experience, industry, and location. Advanced certifications like the Certified Risk Manager (CRM) can also influence earning potential.

What does a manager of risk management do?

A manager of risk management oversees an organization’s strategies to identify, assess, and mitigate potential risks that could impact business operations, financial stability, or reputation. They develop policies, implement risk control measures, and often use tools like risk assessment software to monitor and reduce exposure, ensuring compliance with regulations and organizational goals.

What are the most commonly searched types of Of Risk Management jobs in Minnesota?

The most popular types of Of Risk Management jobs in Minnesota are:

What cities in Minnesota are hiring for Manager Of Risk Management jobs?

Cities in Minnesota with the most Manager Of Risk Management job openings:

Manager Of Risk Management jobs near you

Director of Risk Management and Compliance

Alexandria, MN • On-site

Douglas Machine, Inc.
Industrial Machinery Manufacturing • 201 - 500 employees
Learn more about Douglas Machine, Inc.external

$130K - $170K/yr

Other

Medical, Dental, Life, Retirement, PTO

Posted 13 days ago

Job description

Description
JOB SUMMARY:
The Director of Risk Management & Compliance is responsible for leading the organization's governance framework, enterprise risk management program, compliance activities, contract administration, legal affairs coordination, and security functions. This role ensures the organization operates in accordance with legal, regulatory, contractual, and ethical standards while effectively identifying, assessing, and mitigating organizational risks.
This position plays a critical role in safeguarding the organization's assets, reputation, people, and long-term sustainability.
ESSENTIAL DUTIES & RESPONSIBILITIESinclude the following. Other duties may be assigned:
  1. Steward our mission (to enrich lives by providing differentiated packaging automation and services) and values (unwavering integrity, servant's heart, ownership spirit and continuous innovation and improvement).
  2. Model and champion our leadership qualities (live Douglas values, chart the course, energize others, and raise the bar).
  3. Governance
    • Develop and implement policies, controls, and procedures to mitigate risks and maintain compliance.
  4. Contracts Management
    • Lead the processes for review, negotiation, drafting, and administration of customer, vendor, service, and partnership contracts.
    • Develop contract standards, templates, and approval processes.
    • Ensure contractual obligations, risks, and liabilities are appropriately identified and managed.
    • Maintain contract repository and monitor critical dates, renewals, and compliance requirements.
    • Partner with business leaders to support contract negotiations and dispute resolution.
  5. Legal Affairs
    • Coordinate with internal and external legal counsel on corporate legal matters.
    • Monitor and advise on legal and regulatory developments affecting the organization.
    • Support litigation management, employment matters, and regulatory inquiries when applicable.
    • Ensure policies and business practices align with applicable laws and regulations.
    • Provide guidance on corporate governance and compliance initiatives.
  6. Enterprise Risk Management
    • Develop and maintain a comprehensive risk management framework.
    • Identify, assess, monitor, and mitigate strategic, operational, financial, and compliance risks.
    • Facilitate risk assessments and business continuity planning.
    • Prepare risk reports and recommendations.
    • Lead incident response and corrective action processes.
  7. Security Management
    • Collaborate with facilities on physical security programs, access controls, investigations, and asset protection initiatives.
    • Collaborate with IT leadership on cybersecurity governance and risk mitigation strategies.
    • Develop and maintain security policies, emergency response plans, and crisis management procedures.
    • Conduct security assessments and recommend improvements to safeguard employees, facilities, and information assets.
    • Ensure compliance with applicable security standards and regulatory requirements.
  8. Compliance & Governance
    • Establish and maintain compliance programs, policies, and internal controls.
    • Lead business-appropriate ESG reporting and initiatives.
    • Support audits, regulatory inspections, and compliance reviews.
    • Deliver training and awareness programs related to contracts, compliance, risk, and security.
    • Monitor organizational adherence to policies and regulatory requirements.

QUALIFICATIONS:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • Strong contract negotiation and legal issue-spotting skills.
  • Comprehensive understanding of risk management principles
  • Knowledge of compliance frameworks and regulatory requirements.
  • Understanding of physical security and cybersecurity governance practices.
  • Excellent analytical, communication, and problem-solving skills.
  • Ability to balance business objectives with legal and risk considerations.
  • Strong leadership, organizational, and project management capabilities.

EDUCATION AND/OR EXPERIENCE:
Education
  • Bachelor's degree in Business Administration, Legal Studies, Risk Management, Security Management, or related field required.
  • MBA, Risk Management, or equivalent professional certification preferred.

Experience
  • 5+ years of progressive experience in contracts, legal, risk management, compliance, security, or related disciplines.
  • 2+ years of leadership experience.
  • Experience managing complex contracts and corporate risk programs.
  • Demonstrated success partnering with leadership and outside counsel.

OTHER INFORMATION:
All full-time positions offer attractive compensation and benefits that include ESOP stock allocation, 401(k) match, a company health clinic, medical, dental, life and disability insurance, volunteer time off, along with holiday pay and paid time off.

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