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Manager 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 administration and continuous improvement of the Company's global risk management and insurance programs. This ...

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 administration and continuous improvement of the Company's global risk management and insurance programs. This ...

Children's Minnesota

Risk Manager

Minneapolis, MN

Position Summary This position has organizational wide management responsibilities as a key risk manager for the system This role provides guidance and best practice in the areas of high-risk patient ...

Children's Minnesota

Risk Manager

Minneapolis, MN

Position Summary This position has organizational wide management responsibilities as a key risk manager for the system This role provides guidance and best practice in the areas of high-risk patient ...

Children's Minnesota

Risk Manager

Minneapolis, MN

Position Summary This position has organizational wide management responsibilities as a key risk manager for the system This role provides guidance and best practice in the areas of high-risk patient ...

Childrens Health Care

Risk Manager

Minneapolis, MN

Position Summary This position has organizational wide management responsibilities as a key risk manager for the system This role provides guidance and best practice in the areas of high-risk patient ...

Beacon Mobility

Risk Manager

Maple Grove, MN · On-site

$150K/yr

Beacon Mobility Corp. With immense executive level sponsorship, Beacon approaches its Insurance and Risk Management programs as an opportunity for long-term enterprise value. The successful candidate ...

Papco

Price Risk Manager

Minnetonka, MN · Remote

Price Risk Manager - Energy Markets About the Role Join World Fuel as a Price Risk Manager and help shape how sophisticated energy clients navigate volatility across natural gas, power, and ...

US Bank

AI Risk Program Manager

Minneapolis, MN

We are seeking an experienced AI technology risk manager to support the build and execution of our Corporate Functions Risk (CFR) Artificial Intelligence (AI) Risk Program. This role will serve as a ...

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Manager Risk Manager information

What does a risk management manager do?

A risk management manager identifies, assesses, and prioritizes potential risks to an organization, developing strategies to mitigate or manage those risks. They analyze data, implement policies, and work with various departments to ensure the company's assets and operations are protected from financial, legal, or operational threats.

What is the highest paying risk management job?

The highest paying risk management roles are often executive positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles require extensive experience, advanced certifications like FRM or CRM, and oversight of enterprise-wide risk strategies in large organizations.

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

AspectManager Risk ManagerRisk Analyst
CredentialsCertifications like FRM, CRM, or CPA often preferredSimilar certifications may be beneficial but less required
Work EnvironmentOversees risk management teams, develops strategies, and manages risk policiesAnalyzes data, assesses risks, and supports risk management decisions
Employer & Industry UsageCommon in finance, insurance, and corporate sectorsUsed across finance, banking, and consulting firms

The Manager Risk Manager typically leads risk management efforts, develops policies, and manages teams, requiring advanced certifications and leadership skills. In contrast, the Risk Analyst focuses on data analysis, risk assessment, and supporting risk strategies. Both roles are vital in risk management but differ in scope, responsibilities, and seniority.

What is the highest salary for a risk manager?

The highest salary for a risk manager can exceed $150,000 annually, especially for those with extensive experience, advanced certifications like FRM or CRM, and leadership roles in large organizations. Senior risk managers or risk directors in financial services or corporate sectors tend to earn the highest compensation packages.

What does a Manager Risk Manager do?

A Manager Risk Manager is responsible for identifying, assessing, and mitigating potential risks that could impact an organization’s operations, reputation, or profitability. They develop risk management strategies, policies, and procedures to minimize financial losses and ensure compliance with regulations. Additionally, they often lead a team of risk professionals, provide training, and work with other departments to implement effective risk controls.

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

To thrive as a Risk Manager, you need strong analytical skills, a solid understanding of risk assessment methodologies, and typically a degree in finance, business, or a related field. Familiarity with risk management software, regulatory compliance frameworks, and certifications such as FRM or CRM are commonly required. Excellent communication, decision-making, and leadership abilities help you collaborate across departments and guide risk mitigation strategies. These skills and qualifications are vital for proactively identifying threats and ensuring the organization's stability and compliance.

How much does a risk manager get paid?

A risk manager's average salary typically ranges from $80,000 to $150,000 annually, depending on experience, industry, and location. Senior risk managers or those in specialized sectors can earn higher compensation, often supplemented with certifications like FRM or CRM. Salary levels also depend on the size of the organization and the complexity of the risk management responsibilities.

What are some of the common challenges faced by a Manager Risk Manager when implementing risk management frameworks across different departments?

A Manager Risk Manager often encounters challenges such as varying levels of risk awareness and compliance among departments, resistance to change, and difficulty in standardizing processes. Coordinating efforts across teams with different priorities requires strong communication and negotiation skills. Additionally, keeping up with evolving regulations and ensuring all teams are adequately trained to identify and mitigate risks is an ongoing responsibility. Addressing these challenges typically involves building strong relationships, providing targeted training, and regularly reviewing risk management processes for effectiveness.
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 Manager Risk Manager jobs in Minnesota? For Manager Risk Manager jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Manager Risk Manager jobs in Minnesota look for? The top searched job categories for Manager Risk Manager jobs in Minnesota are:
Manager Risk Manager jobs near you
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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