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Sr Risk Analyst Jobs in Minnesota (NOW HIRING)

Target

Sr Process Analyst, Risk & Controls

Minneapolis, MN · Hybrid

$73K - $132K/yr

As a Sr. Process Analyst in Risk & Controls , you will be on a team that builds strong partnerships across finance, technology and enterprise risk teams to provide guidance on internal controls. This ...

Thomson Reuters

Senior Analyst, Compliance

Eagan, MN · On-site

Senior Analyst, Compliance The Contract Administration and Compliance Team are responsible for ... Conduct internal audits and risk assessments of contract files, pricing structures, and labor ...

Papco

Price Risk Manager

Minnetonka, MN · Remote

Partner with senior stakeholders across energy and finance * Shape how a leading energy company ... Analyze pricing trends across natural gas, power, and fuels * Develop and communicate hedging ...

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All JobsSr Risk Analyst JobsSr Risk Analyst Jobs in Minnesota

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.
Sr. Risk Placement Specialist Commercial Insurance (Hybrid or Remote Cent

Sr. Risk Placement Specialist Commercial Insurance (Hybrid or Remote Cent

National Financial Partners

Plymouth, MN • On-site, Remote

$90K/yr

Full-time

Medical, Retirement, PTO

Posted 22 days ago

Job description

Who We Are:
NFP, an Aon company, is a multiple Best Places to Work award winner in Business Insurance. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: https://www.NFP.com.
Job Summary:
The Senior Risk Placement Specialist is responsible for evaluating, marketing, negotiating, and placing commercial insurance new business opportunities. Working closely with insurance carriers, underwriters, and internal producer partners, this individual develops coverage solutions, secures competitive terms, and successfully places business across a broad range of commercial risks.
This role is part of the Select Business Unit's (SBU) New Business team and focuses on opportunities generated through internal referrals and producer relationships. Responsibilities include reviewing submissions, obtaining and comparing quotes, negotiating pricing and coverage terms, and guiding opportunities through the placement process from submission to binding.
This position is dedicated to new business placement and does not include renewal marketing, ongoing account servicing, or prospecting responsibilities. Once coverage is bound, accounts are transitioned to the Account Management team for ongoing service and support.
In addition to the base salary this role is eligible for 25% commission earnings based on successfully placed new business. Top performers have the potential to earn approximately $90,000 annually. The work schedule is M-F from 8am - 5pm.
Essential Duties and Responsibilities include (but are not limited to):
  • Review commercial insurance submissions, evaluate risk exposures, and develop placement strategies to secure competitive coverage solutions.
  • Works directly with insurance carriers to obtain quotes, negotiate terms, and secure competitive coverage solutions.
  • Supports placements are handled according to NFP's service model standards and timelines, utilizing carrier portals/rating systems.
  • Support the team in developing client/prospect diagnostics working at the direction of the Broker or Senior Broker to complete a total program assessment, including total cost of risk, service deliverables, and opportunities for multi-faceted program improvement.
  • Develop productive business relationships with insurance carriers, underwriters, and internal producer partners.
  • Cultivate a thorough understanding of markets to better assist the broking team.
  • Execute placement strategies utilizing carrier relationships and available market resources.
  • Develop and maintain a thorough knowledge of the insurance marketplace, and the various lines, products and services offered by various insurers.
  • Ensure client, broking and brokerage data files are maintained.
Knowledge, Skills, and/or Abilities:
  • Strong written and verbal communication skills
  • Commercial insurance marketing and placement experience
  • Ability to successfully interact with a variety of people
  • Solid negotiation skills ability to adjust approach to effectively drive optimal outcomes depending on different personalities
  • Demonstrated ability to work independently and as part of a team
  • Strong attention to detail, demonstrating reliability and accuracy
  • Strong organizational skills with the ability to adjust to changing workload and priorities
  • Able to coordinate resources and responsibilities
  • Self-motivated with positive attitude and sense of urgency
  • Detail-oriented with strong analytical skills, both quantitative and qualitative
  • Ability to review submissions, evaluate risk, and identify proper market solutions
  • Knowledge of carrier portals and online quoting platforms
  • Proficiency with Microsoft Office Suite
  • Experience with Epic (agency management system) preferred
  • Ability to work independently and anticipate client and team needs
  • Effective time management and decision-making skills
Education and/or Experience:
  • Bachelor's degree or equivalent preferred
  • 5 years of Commercial Insurance experience within a retail brokerage or independent agency
  • Experience marketing and placing commercial insurance accounts
  • Experience with E&S Marketplace coverage is required
  • Working knowledge of carrier underwriting practices and processes preferred
Certificates, Licenses, Registration:
  • P&C License required
  • Advanced industry designation(s) (e.g. CPCU, CIC, ARM) a plus
What We Offer:
We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others. The base salary range for this position is $60,000 $65,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary this role is eligible for 25% commission earnings based on successfully placed new business.
NFP and You... Better Together!
NFP is an inclusive Equal Employment Opportunity employer.

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