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Senior Risk Analyst Jobs in Rochester, MN (NOW HIRING)

Mayo Clinic

Senior Compliance Analyst

Rochester, MN · On-site

... risk • Draft policies and oversee implementation of procedures • Lead multi-disciplinary ... • Strong analytical and problem-solving skills • Ability to communicate effectively with ...

Mayo Clinic

Senior Health Services Analyst

Rochester, MN · On-site

$93K - $140K/yr

Familiarity with coding (CPT, ICD-9) systems and risk adjustment methodologies preferred. Experience with SAS, Stata or other statistical analysis programs and/or qualitative analysis programs. Works ...

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Senior Risk Analyst information

See Rochester, MN salary details

$54.4K

$111.7K

$144.8K

How much do senior risk analyst jobs pay per year?

As of Jun 17, 2026, the average yearly pay for senior risk analyst in Rochester, MN is $111,658.00, according to ZipRecruiter salary data. Most workers in this role earn between $92,000.00 and $139,300.00 per year, depending on experience, location, and employer.

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

To thrive as a Senior Risk Analyst, you need strong analytical skills, a solid grasp of risk assessment methodologies, and typically a degree in finance, economics, or a related field. Proficiency with risk management software, data analysis tools like Excel, and familiarity with regulatory frameworks such as Basel III or SOX is often required. Attention to detail, critical thinking, and effective communication are crucial soft skills for identifying, evaluating, and reporting risks. These competencies are vital for ensuring accurate risk identification and mitigation, supporting sound business decisions, and maintaining regulatory compliance.

How does a Senior Risk Analyst typically collaborate with other departments to identify and mitigate risks?

Senior Risk Analysts regularly work with teams across the organization, such as compliance, finance, operations, and IT, to identify emerging risks and implement mitigation strategies. They often participate in cross-functional meetings, provide insights from data analysis, and help develop policies that address both regulatory requirements and business objectives. Building strong working relationships and communicating complex risk scenarios in an accessible way are key to ensuring coordinated risk management efforts. This collaborative approach not only helps in early detection of potential issues but also fosters a proactive risk culture within the company.

How much does a senior risk analyst make in the US?

A senior risk analyst in the US typically earns between $80,000 and $120,000 annually, depending on experience, industry, and location. They often require strong analytical skills, knowledge of risk management tools, and relevant certifications such as FRM or CRM.

Do risk analysts make a lot of money?

Risk analysts typically earn a competitive salary that varies based on experience, education, and industry. According to industry data, the median annual salary for risk analysts is around $70,000 to $90,000, with higher earnings possible for senior or specialized roles. Certifications like FRM or CRM can also enhance earning potential.

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

AspectSenior Risk AnalystRisk Analyst
Required CredentialsBachelor's degree, often certifications like FRM or CRMBachelor's degree, some certifications like FRM or CRM
Work EnvironmentFinancial institutions, insurance companies, consulting firmsFinancial firms, corporations, government agencies
Employer & Industry UsageUsed across finance, insurance, and consulting sectorsCommon in finance, banking, and insurance industries

The main difference is that Senior Risk Analysts typically have more experience, advanced certifications, and handle more complex risk assessments. They often lead projects and mentor junior staff, whereas Risk Analysts focus on data collection, analysis, and supporting risk management processes.

How much does a senior risk analyst earn?

A senior risk analyst typically earns between $80,000 and $120,000 annually, depending on experience, industry, and location. They often require strong analytical skills and knowledge of risk management tools and regulations.

What does a senior risk analyst do?

A senior risk analyst evaluates potential risks that could impact an organization’s financial health, operations, or reputation. They analyze data, develop risk mitigation strategies, and use tools like risk assessment software to inform decision-making. This role often requires strong analytical skills, industry knowledge, and relevant certifications such as FRM or CRM.
What cities near Rochester, MN are hiring for Senior Risk Analyst jobs? Cities near Rochester, MN with the most Senior Risk Analyst job openings:
Senior Risk Analyst jobs near you
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 6 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 

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