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Sr Risk Analyst Jobs in Minnesota (NOW HIRING)

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Sr Risk Analyst information

See Minnesota salary details

$52.4K

$107.6K

$139.6K

How much do sr risk analyst jobs pay per year?

As of Jun 25, 2026, the average yearly pay for sr risk analyst in Minnesota is $107,585.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,600.00 and $134,200.00 per year, depending on experience, location, and employer.

What does a Sr Risk Analyst do?

A Sr Risk Analyst is responsible for identifying, assessing, and mitigating risks that could impact an organization's operations or financial performance. They analyze data, create risk models, and provide recommendations to help companies make informed decisions and maintain compliance with regulations. Senior Risk Analysts often work closely with management and various departments to implement risk management strategies and ensure the company’s risk exposure is within acceptable limits.

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

To thrive as a Sr Risk Analyst, you need strong analytical skills, experience in risk assessment methodologies, and a background in finance, economics, or a related field, often supported by relevant certifications such as FRM or CFA. Proficiency in data analysis tools like Excel, SQL, SAS, or Python, as well as risk management software, is typically required. Excellent communication, critical thinking, and problem-solving skills help you convey risk insights and collaborate effectively with stakeholders. These competencies enable accurate risk identification and mitigation, supporting sound decision-making and regulatory compliance.

How does a Sr Risk Analyst typically collaborate with other departments to manage enterprise risks?

As a Sr Risk Analyst, collaboration with various departments—such as compliance, audit, finance, and operations—is essential to identify, assess, and mitigate organizational risks. You will often facilitate risk workshops, communicate findings to department heads, and provide guidance on risk mitigation strategies. Regular cross-functional meetings and reporting help ensure risks are understood and addressed at all levels, making strong communication and relationship-building skills vital for success in this role.

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

AspectSr Risk AnalystRisk Analyst
Required CredentialsBachelor's degree, relevant certifications (e.g., FRM, CRM), 3+ years experienceBachelor's degree, certifications optional, 1-3 years experience
Work EnvironmentFinancial institutions, insurance companies, corporate risk departmentsFinancial firms, consulting agencies, insurance companies
Employer & Industry UsageUsed in larger organizations with complex risk management needsCommon in smaller firms or entry-level roles

The main difference between a Sr Risk Analyst and a Risk Analyst lies in experience, responsibilities, and seniority. A Sr Risk Analyst typically has more years of experience, advanced certifications, and handles 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. Both roles are vital in risk management teams, but the senior role involves greater responsibility and strategic input.

What are popular job titles related to Sr Risk Analyst jobs in Minnesota? For Sr Risk Analyst jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Sr Risk Analyst jobs in Minnesota look for? The top searched job categories for Sr Risk Analyst jobs in Minnesota are:
What cities in Minnesota are hiring for Sr Risk Analyst jobs? Cities in Minnesota with the most Sr Risk Analyst job openings:
Sr Risk Analyst jobs near you
Infographic showing various Sr Risk Analyst job openings in Minnesota as of June 2026, with employment types broken down into 90% Full Time, 6% Part Time, and 4% Contract. Highlights an 87% Physical, 4% Hybrid, and 9% Remote job distribution, with an average salary of $107,585 per year, or $51.7 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

$79K - $130K/yr

Full-time

Posted 13 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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