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Risk Associate Jobs in Rochester, MN (NOW HIRING)

Associates are expected to follow all safety procedures and perform their job duties in a fashion that minimizes the risk of injury. Benefits: To see a full list of benefit offerings from Scheels ...

As an Associate Project Manager at JLL, you will be a dynamic individual providing reliable, timely ... Identify and address areas of concern regarding potential risk surrounding project logistics ...

Associates are expected to follow all safety procedures and perform their job duties in a fashion that minimizes the risk of injury. Benefits: To see a full list of benefit offerings from Scheels ...

Associates are expected to follow all safety procedures and perform their job duties in a fashion that minimizes the risk of injury. Benefits: To see a full list of benefit offerings from Scheels ...

Associates are expected to follow all safety procedures and perform their job duties in a fashion that minimizes the risk of injury. Benefits: To see a full list of benefit offerings from Scheels ...

Associates are expected to follow all safety procedures and perform their job duties in a fashion that minimizes the risk of injury. Benefits: To see a full list of benefit offerings from Scheels ...

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Risk Associate information

See Rochester, MN salary details

$9

$19

$32

How much do risk associate jobs pay per hour?

As of Jun 15, 2026, the average hourly pay for risk associate in Rochester, MN is $19.33, according to ZipRecruiter salary data. Most workers in this role earn between $15.38 and $20.53 per hour, depending on experience, location, and employer.

What are some common challenges faced by Risk Associates when working with cross-functional teams?

Risk Associates often collaborate with departments such as compliance, audit, and operations. One common challenge is aligning risk mitigation strategies with the differing priorities and perspectives of each team. Effective communication and adaptability are key, as Risk Associates must explain complex risk concepts in ways that are relevant to each stakeholder. Building strong relationships and fostering a shared understanding of risk helps ensure that policies are implemented consistently across the organization.

What is the difference between Risk Associate vs Credit Analyst?

AspectRisk AssociateCredit Analyst
Required CredentialsBachelor's degree, certifications like FRM or CRM beneficialBachelor's degree, finance or related certifications preferred
Work EnvironmentFinancial institutions, consulting firms, risk management teamsBanks, lending institutions, credit departments
Employer & Industry UsageUsed across banking, insurance, and investment firmsPrimarily in banking and lending sectors
Common Search & ComparisonOften compared for risk management rolesCompared for credit evaluation roles

The main difference between a Risk Associate and a Credit Analyst lies in their focus areas. Risk Associates primarily assess overall risk exposure and develop risk mitigation strategies, while Credit Analysts evaluate the creditworthiness of individual borrowers. Both roles require similar educational backgrounds and certifications, and they are commonly found in financial institutions. Understanding these distinctions helps job seekers identify the right career path within the finance industry.

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

To thrive as a Risk Associate, you need strong analytical skills, attention to detail, and a background in finance, economics, or a related field—often supported by a relevant degree. Familiarity with risk assessment tools, financial modeling software, and sometimes certifications such as FRM (Financial Risk Manager) or CFA are highly valued. Excellent communication, problem-solving, and teamwork skills help you effectively identify, assess, and communicate risks across various business units. These skills ensure accurate risk evaluation, regulatory compliance, and proactive risk mitigation for organizational stability.

What does a Risk Associate do?

A Risk Associate is responsible for identifying, assessing, and helping to manage potential risks that could affect an organization’s operations or financial performance. They assist in developing strategies to minimize or mitigate those risks, often by collecting and analyzing data, preparing reports, and monitoring compliance with regulations and company policies. Risk Associates work closely with various departments to ensure that risk management practices are integrated throughout the business. Their role is crucial in helping organizations avoid losses and maintain stability.

What do risk associates do?

Risk associates analyze and assess potential risks that could impact an organization’s operations, finances, or reputation. They identify vulnerabilities, develop risk mitigation strategies, and often use data analysis tools to monitor and report on risk levels, supporting decision-making processes.

What is the salary of risk associate?

The salary of a Risk Associate at JP Morgan typically ranges from $70,000 to $120,000 annually, depending on experience, location, and education. Entry-level positions may start lower, while experienced professionals or those in senior roles can earn higher compensation, often supplemented with bonuses and benefits.

What jobs pay 500,000 a year in the US?

High-paying roles for risk associates or similar finance professionals can reach or exceed $500,000 annually, often in senior positions such as chief risk officer, hedge fund manager, or investment banker, especially with bonuses and profit sharing. These roles typically require extensive experience, advanced certifications like CFA or FRM, and work in competitive financial environments or large firms.

What is the role of a risk associate?

A risk associate analyzes and assesses potential risks that could impact an organization, often working with risk management teams to develop strategies to mitigate those risks. They review data, prepare reports, and use tools like risk assessment software to identify vulnerabilities. Strong analytical skills and knowledge of industry regulations are essential for this role.
What cities near Rochester, MN are hiring for Risk Associate jobs? Cities near Rochester, MN with the most Risk Associate job openings:
Infographic showing various Risk Associate job openings in Rochester, MN as of June 2026, with employment types broken down into 93% Full Time, and 7% Part Time. Highlights an 100% In-person job distribution, with an average salary of $40,202 per year, or $19.3 per hour.
Risk Engineering Consultant or Senior Risk Engineering Consultant -Construction Casualty

Risk Engineering Consultant or Senior Risk Engineering Consultant -Construction Casualty

Zurich Insurance Company Ltd.

Rochester, MN • On-site, Remote

$79K - $130K/yr

Full-time

Posted 4 days ago


Job description

Zurich is currently looking for a Construction Risk Engineer Consultant for the Casualty Lines of Business. This is a Minnesota based remote role supporting the upper Midwest region. Ideal location includes Minneapolis and surrounding areas.  The position includes a company car, with expected travel of 30% to 50% and overnight travel of 20% to 30% of your time depending on business needs. This role could be filled at either a Risk Engineering Consultant or at the Sr. Risk Engineering Consultant level, this will be at the manager’s discretion.

As a Construction Risk Engineering Consultant, you will be responsible for:

  • Apply Zurich risk engineering solutions to construction customers to help reduce losses and improve risk management outcomes.
  • Leverage Zurich’s risk engineering tools and services to improve customer risk and general account management of customers who purchase Zurich Construction Insurance products such as: Workers Compensation, General Liability and Auto Liability.
  • Deliver high-quality consultative services, including exposure identification, evaluation of risk control gaps, and development of practical risk mitigation recommendations.
  • Develop and maintain positive customer and business partner relationships, collaborating to create appropriate service plans.
  • Partner with Construction Underwriting to evaluate and assess existing and prospective customers.
  • Identify opportunities to provide fee-based services that support customer risk mitigation and performance improvement efforts.
  • Develop and deliver advanced presentations and risk management training for customers and internal business partners.
  • Providing appropriate risk improvement advice, conduct loss investigations (including both trend and root cause analysis), and implementing risk improvement programs.
  • Assist customers with corporate and project specific safety plans, QA/QC programs, construction defect investigations when applicable, building envelope reviews, and moisture mitigation strategies.
  • Actively participate and engage in local construction industry associations.

Final candidates will also be subject to a Motor Vehicle record background check, because this position will include a company car.

Basic Qualifications:

Risk Engineering Consultant:

  • Bachelors Degree and 3 or more years of experience in the Risk Engineering area
    OR
  • High School Diploma or Equivalent and 5 or more years of experience in the Risk Engineering area
    OR
  • Zurich Certified Apprentice, including an Associates degree and 3 or more years of experience in the Risk Engineering area
    AND
  • Experience working in a team environment
  • Relevant experience in the assessment of risk, based on what is required by LOB specific competency standards

OR

Senior Risk Engineering Consultant:

  • Bachelors Degree and 6 or more years of experience in the Risk Engineering, Safety/ Risk Management, Construction Field Operations, Engineering or relatable field.
    OR
  • High School Diploma or Equivalent and 8 or more years of experience in the Risk Engineering, Safety/ Risk Management, Construction Field Operations, Engineering or relatable field.
    OR
  • Zurich Certified Apprentice, including an Associates degree and 6 or more years of experience in the Risk Engineering, Safety/ Risk Management, Construction Field Operations, Engineering, or relatable field.
    AND
  • Experience working in a team environment

Preferred Qualifications:

  • Advanced knowledge of construction safety, operations, quality management, and associated risks, exposures and controls.
  • Experience with large commercial construction, data center construction, and regulated or non-regulated fleets.
  • Strong technical writing and presentation skills for customer-facing and internal work products.
  • Excellent interpersonal, communication, and consulting skills with the ability to engage effectively at both corporate and project site levels.
  • Have a high level of computer literacy and be proficient in Microsoft Office, including Copilot, and mobile IOS devices.
  • Professional certifications: CHST, ASP, CSP, CRIS, ARM
  • Relevant experience as a corporate safety professional, site safety leader, project manager, or superintendent with safety responsibilities.
  • Demonstrated leadership and involvement in professional, community, or public service activities.
  • Willingness to embrace Zurich Basics, including our values of integrity, sustainability, customer centricity, excellence, and teamwork.

Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply—your unique background matters to us. The pay range shown is a national average and may vary by location. The combined salary range for this position is $79,600.00 - $172,300.00. The proposed salary range for the Risk Engineering Consultant is $79,600.00 - $130,300.00, with short-term incentive bonus eligibility set at 10%. The proposed salary range for the Senior Risk Engineering Consultant is $105,200.00 - $172,300.00, with short-term incentive bonus eligibility set at 15%. 

We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here.]

 

Why Zurich?

At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment—so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500®.

Join us for a brighter future—for yourself and our customers.

Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets.

Zurich complies with 18 U.S. Code § 1033.

 

Please note: Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal.

Location(s): AM - Minnesota Virtual Office, AM - Minneapolis
Remote Working: Yes
Schedule: Full Time
Employment Sponsorship Offered: No  
Linkedin Recruiter Tag: #LI-RA1 #LI-ASSOCIATE #LI-REMOTE