What are the top 10 cities with the highest pay for Insurance Risk Analyst?

We've identified 10 cities in Minnesota where Insurance Risk Analyst jobs typically pay above the area average. Topping the list is Minneota (7.1% above average), followed by Minneapolis and Woodbury. City Annual Salary Monthly Pay Weekly Pay Hourly Wage Minneota $87,316 $7,276 $1,679 $41.98 Minneapolis $86,892 $7,241 $1,671 $41.77 Woodbury $86,445 $7,203 $1,662 $41.56 Edina $86,089 $7,174 $1,655 $41.39 Burnsville $85,734 $7,144 $1,648 $41.22 Maple Grove $85,230 $7,102 $1,639 $40.98 Maplewood $85,211 $7,100 $1,638 $40.97 Eagan $84,881 $7,073 $1,632 $40.81 Eden Prairie $84,865 $7,072 $1,632 $40.80 Minnetonka $84,850 $7,070 $1,631 $40.79

Insurance Risk Analyst

Insurance Risk Analyst Salary in Minnesota

Q: How much does an Insurance Risk Analyst make in Minnesota?

The average annual pay for an insurance risk analyst in Minnesota is $81,523 a year — that works out to approximately $39.19 an hour. That is 2.1% below the national average of $83,237. The middle 80% of Insurance Risk Analysts earn between $60,723 (10th percentile) and $124,875 (90th percentile) per year, depending on experience and employer.

Q: What are Top 5 Best Paying Related Insurance Risk Analyst Jobs in Minnesota?

We found several jobs related to Insurance Risk Analyst in Minnesota that pay more on average. Topping the list is Business Continuity Manager at $37,105 (45.5%) above Insurance Risk Analyst. Job Title Annual Salary Monthly Pay Weekly Pay Hourly Wage Business Continuity Manager $118,628 $9,885 $2,281 $57.03 Sr Risk Analyst $107,585 $8,965 $2,068 $51.72 Senior Surety Underwriter $104,407 $8,700 $2,007 $50.20 Fleet Underwriter $77,254 $6,437 $1,485 $37.14 Surety Underwriting Assistant $46,349 $3,862 $891 $22.28

$48K

$73.9K

$152.3K

$81,523

/year

$39.19

/hour

Insurance Risk Analyst Salary Comparison by Location

Nationwide

United States

$83,237

Minnesota

$81,523

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How much does an Insurance Risk Analyst make in Minnesota?

As of Jul 29, 2026, the average annual pay for an Insurance Risk Analyst in Minnesota is $81,523 a year.

Just in case you need a simple salary calculator, that works out to be approximately $39.19 an hour. This is the equivalent of $1,567/week or $6,793/month.

While ZipRecruiter is seeing salaries as high as $152,299 and as low as $47,991, the majority of Insurance Risk Analyst salaries currently range between $63,700 (25th percentile) to $84,700 (75th percentile) with top earners (90th percentile) making $124,875 annually in Minnesota. The average pay range for an Insurance Risk Analyst varies greatly (by as much as 21000), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.

Minnesota ranks number 50 out of 50 states nationwide for Insurance Risk Analyst salaries.

To estimate the most accurate annual salary range for Insurance Risk Analyst jobs, ZipRecruiter continuously scans its database of millions of active jobs published locally throughout America.

Find your next high paying job as an Insurance Risk Analyst on ZipRecruiter today.

What are Top 10 Highest Paying Cities for Insurance Risk Analyst Jobs in Minnesota

We've identified 10 cities where the typical salary for an Insurance Risk Analyst job is above the average in Minnesota in Minnesota. Topping the list is Minneota, , with Minneapolis, and Woodbury, close behind in the second and third positions. Woodbury, beats the average in Minnesota by $4,922 (6.0%), and Minneota, furthers that trend with another $5,793 (7.1%) above the $81,523 average.

With these 10 cities paying on average above the average for Minnesota, the opportunities for economic advancement by changing locations as an Insurance Risk Analyst appears to be exceedingly fruitful.

Finally, another factor to consider is the average salary for these top 10 cities varies very little at 2% between Minneota, and Minnetonka, , reinforcing the limited potential for much wage advancement. The possibility of a lower cost of living may be the best factor to use when considering location and salary for an Insurance Risk Analyst role.

City	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
Minneota	$87,316	$7,276	$1,679	$41.98
Minneapolis	$86,892	$7,241	$1,671	$41.77
Woodbury	$86,445	$7,203	$1,662	$41.56
Edina	$86,089	$7,174	$1,655	$41.39
Burnsville	$85,734	$7,144	$1,648	$41.22
Maple Grove	$85,230	$7,102	$1,639	$40.98
Maplewood	$85,211	$7,100	$1,638	$40.97
Eagan	$84,881	$7,073	$1,632	$40.81
Eden Prairie	$84,865	$7,072	$1,632	$40.80
Minnetonka	$84,850	$7,070	$1,631	$40.79

What are Top 5 Best Paying Related Insurance Risk Analyst Jobs in Minnesota

Analyzing similar jobs related to the Insurance Risk Analyst job category in Minnesota, we found 5 that were relevant. However, none pay more than the $81523 state average for Insurance Risk Analyst jobs.

Job Title	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
Business Continuity Manager	$118,628	$9,885	$2,281	$57.03
Sr Risk Analyst	$107,585	$8,965	$2,068	$51.72
Senior Surety Underwriter	$104,407	$8,700	$2,007	$50.20
Fleet Underwriter	$77,254	$6,437	$1,485	$37.14
Surety Underwriting Assistant	$46,349	$3,862	$891	$22.28

About Our Data

ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources.

Infographic detailing Insurance Risk Analyst salary in Minnesota as of July 2026. Shows a bar chart with salary percentiles ranging from $63,700 to $124,875 annually, with the Minnesota average at $81,523 per year or $39.19 per hour. Includes a list of the top 10 highest paying cities in Minnesota for Insurance Risk Analyst jobs, with Minneota leading at $87,316 annually.

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