What are the main factors that influence an Insurance Risk Analyst's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

What industry pays the highest salary for Insurance Risk Analyst?

The Insurance industry offers the highest average compensation for Insurance Risk Analyst roles, with salaries approximately 18% above the market median.

How does experience change An Insurance Risk Analyst's salary?

An Insurance Risk Analyst's salary grows with experience: starting around $67,328 for beginners, reaching about $100,646 at mid-level, and approach $162,207 for experts.

What are the highest paying states for an Insurance Risk Analyst?

Insurance Risk Analyst salary varies significantly by state. The top 3 highest paying states for Insurance Risk Analyst roles are District of Columbia $91,232, California $90,886, Massachusetts $89,675. These tech hubs typically pay 10-15% above the national average.

How much do different types of Insurance Risk Analyst roles make?

Salaries for Insurance Risk Analyst level roles vary by specialization: Organizational Insurance Risk Analyst V: $141,870; Insurance Risk Analyst V: $141,863; Organizational Insurance Risk Analyst IV: $122,700; Insurance Risk Analyst IV: $122,610; Organizational Insurance Risk Analyst III: $96,800.

Insurance Risk Analyst Salary in Minnesota

How much does an Insurance Risk Analyst make in Minnesota? As of September 01, 2026, the average salary for an Insurance Risk Analyst in Minnesota is $84,319 per year, which breaks down to an hourly rate of $41.

However, an Insurance Risk Analyst's salary can vary significantly. Here's a look at the typical salary range:

Top Earners (90th percentile): $99,047
Majority Range (25th-75th percentile): $78,524 to $92,028
Entry-Level (10th percentile): $73,248

10% $73,248

50% (Median) $84,319

90% $99,047

Insurance Risk Analyst Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$92,028	$7,669	$1,770	$44
Average	$84,319	$7,027	$1,622	$41
25th Percentile	$78,524	$6,544	$1,510	$38

Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

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Check out Insurance Risk Analyst Job Openings in Minnesota

Sr Security Risk Analyst

Xcel Energy – Minneapolis, MN

Insurance Analyst

Merchants Bancorp – Minneapolis, MN

Insurance Product Development Analyst

Western National Insurance – Minneapolis, MN

Personal Lines Insurance Sales

North Risk Partners – Monticello, MN

Key Factors That Influence Insurance Risk Analyst Salaries

An Insurance Risk Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Insurance Risk Analyst Salaries?

Experience is a primary driver of an Insurance Risk Analyst's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

Entry-Level (less than 1 year): $67,328
Early Career (1-2 years): $82,713
Mid-Level (2-4 years): $100,646
Senior-Level (5-8 years): $127,587
Expert (over 8 years): $162,207

Job Role	Years of Experience	Average Salary
Risk Analyst I	less than 1 year	$67,328
Insurance Risk Analyst	1-2 years	$82,713
Risk Analyst III	2-4 years	$100,646
Risk Analyst IV	5-8 years	$127,587
Risk Analyst V	over 8 years	$162,207

How Do Insurance Risk Analyst Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Insurance Risk Analysts. For example, consider the average annual salaries in these key locations:

District of Columbia: $91,232.
California: $90,886.
Massachusetts: $89,675.

District of Columbia $91,232 California $90,886 Massachusetts $89,675 Washington $89,345 New Jersey $89,312 Alaska $89,197 Connecticut $88,060 New York $87,598

Hawaii $86,123 Rhode Island $85,431 Maryland $84,961 Minnesota $84,319 Colorado $84,071 Illinois $83,989 Oregon $83,676 Delaware $83,445

New Hampshire $83,300 Virginia $82,976 Pennsylvania $82,028 Nevada $81,550 North Dakota $81,394 Michigan $81,146 Wisconsin $81,056 Vermont $80,874

Texas $80,372 Maine $80,339 Arizona $80,289 Ohio $80,232 Georgia $79,474 Indiana $79,095 Wyoming $79,020 Utah $78,905

Iowa $78,856 Kansas $78,460 Louisiana $78,345 North Carolina $78,304 Missouri $78,287 Florida $77,966 Montana $77,793 Nebraska $77,628

Kentucky $77,537 South Carolina $77,208 Tennessee $77,002 Idaho $76,919 New Mexico $76,318 Oklahoma $76,186 Alabama $75,700 South Dakota $74,884

Arkansas $74,439 West Virginia $74,200 Mississippi $73,483

Top Paying Cities for Insurance Risk Analyst

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Conger: $80,729
Courtland: $80,637
Darfur: $80,222

Conger, MN $80,729

Courtland, MN $80,637

Darfur, MN $80,222

Delavan, MN $80,235

Eagle Lake, MN $81,398

Easton, MN $80,265

Ellendale, MN $81,398

Elmore, MN $79,851

Elysian, MN $81,803

Emmons, MN $80,092

Essig, MN $80,328

Fairmont, MN $80,065

Freeborn, MN $80,842

Frost, MN $79,980

Garden City, MN $80,228

Geneva, MN $81,602

Glenville, MN $80,442

Good Thunder, MN $80,373

Granada, MN $79,987

Hanska, MN $79,989

Hartland, MN $80,912

Hayward, MN $80,907

Henderson, MN $82,307

Hollandale, MN $81,249

Hope, MN $81,646

Huntley, MN $80,173

Janesville, MN $81,237

Kasota, MN $81,543

Kiester, MN $80,107

Kilkenny, MN $82,195

Lafayette, MN $80,797

Lake Crystal, MN $80,357

La Salle, MN $80,139

Le Center, MN $82,363

Le Sueur, MN $82,185

Lewisville, MN $80,056

Madelia, MN $80,118

Madison Lake, MN $81,623

Mapleton, MN $80,413

Minnesota Lake, MN $80,455

Montgomery, MN $82,658

New Prague, MN $83,683

New Richland, MN $81,106

New Ulm, MN $80,317

Nicollet, MN $81,075

Northrop, MN $80,556

Pemberton, MN $80,823

Saint Clair, MN $81,341

Saint James, MN $80,059

Saint Peter, MN $81,726

Sanborn, MN $79,740

Searles, MN $80,190

Sleepy Eye, MN $79,928

Springfield, MN $79,852

Truman, MN $80,081

Twin Lakes, MN $80,310

Vernon Center, MN $80,175

Waldorf, MN $80,638

Waseca, MN $81,380

Waterville, MN $81,944

Wells, MN $80,462

Winnebago, MN $80,223

Windom, MN $79,946

Adrian, MN $77,866

Alpha, MN $79,713

Arco, MN $79,603

Avoca, MN $79,557

Balaton, MN $79,404

Beaver Creek, MN $75,870

Bigelow, MN $78,607

Bingham Lake, MN $79,826

Brewster, MN $79,595

Butterfield, MN $79,918

Ceylon, MN $79,775

Chandler, MN $78,301

Currie, MN $79,704

Dovray, MN $80,016

Dunnell, MN $79,654

Starbuck, MN $79,662

Morris, MN $79,713

Crane Lake, MN $78,889

Cromwell, MN $79,189

Grand Rapids, MN $79,212

Ely, MN $79,005

Embarrass, MN $78,893

Esko, MN $79,167

Eveleth, MN $79,012

Finlayson, MN $79,405

Floodwood, MN $78,965

Forbes, MN $78,754

Gilbert, MN $78,991

Goodland, MN $78,869

Hibbing, MN $78,814

Hill City, MN $79,121

Holyoke, MN $79,182

Hoyt Lakes, MN $79,004

Iron, MN $78,774

Jacobson, MN $78,918

Keewatin, MN $79,168

Kerrick, MN $79,320

Kettle River, MN $79,315

Kinney, MN $78,897

Mcgregor, MN $79,198

Makinen, MN $78,908

Marble, MN $79,119

Meadowlands, MN $78,927

Melrude, MN $78,897

Moose Lake, MN $79,488

Afton, MN $84,504

Almelund, MN $82,400

Bayport, MN $84,365

Bethel, MN $83,646

Braham, MN $81,238

Brook Park, MN $79,966

Cambridge, MN $82,172

Cannon Falls, MN $82,541

Castle Rock, MN $83,875

Cedar, MN $84,029

Center City, MN $82,935

Chisago City, MN $83,656

Circle Pines, MN $85,130

Cottage Grove, MN $84,719

Dalbo, MN $81,225

Wirt, MN $78,983

Thief River Falls, MN $79,453

Alvarado, MN $79,208

Angle Inlet, MN $79,174

Argyle, MN $79,306

Badger, MN $79,357

Brooks, MN $79,377

Crookston, MN $79,245

Donaldson, MN $79,341

East Grand Forks, MN $79,111

Euclid, MN $79,165

Fisher, MN $79,115

Gatzke, MN $79,221

Goodridge, MN $79,278

Greenbush, MN $79,361

Grygla, MN $79,185

Hallock, MN $79,554

Halma, MN $79,337

Humboldt, MN $79,509

Karlstad, MN $79,390

Kennedy, MN $79,378

Lake Bronson, MN $79,321

Lancaster, MN $79,327

Mentor, MN $79,353

Middle River, MN $79,314

Newfolden, MN $79,334

Noyes, MN $79,579

Oak Island, MN $79,170

Oklee, MN $79,395

Oslo, MN $79,231

Plummer, MN $79,361

Red Lake Falls, MN $79,320

Roseau, MN $79,408

Saint Hilaire, MN $79,368

Saint Vincent, MN $79,516

Salol, MN $79,339

Stephen, MN $79,306

Strandquist, MN $79,282

Strathcona, MN $79,272

Viking, MN $79,242

Wannaska, MN $79,312

Warren, MN $79,212

Warroad, MN $79,432

Edgerton, MN $77,875

Georgetown, MN $79,376

Glyndon, MN $79,367

Morton, MN $79,801

Murdock, MN $79,638

New London, MN $80,336

Norcross, MN $79,414

Odessa, MN $79,356

Olivia, MN $79,788

Ortonville, MN $79,521

Pennock, MN $79,952

Porter, MN $79,505

Prinsburg, MN $79,821

Raymond, MN $79,708

Redwood Falls, MN $79,792

Renville, MN $79,704

Sacred Heart, MN $79,657

Seaforth, MN $79,890

Spicer, MN $80,410

Sunburg, MN $79,890

Taunton, MN $79,631

Vesta, MN $79,624

Wabasso, MN $79,711

Wanda, MN $80,002

Watson, MN $79,673

Wheaton, MN $79,508

Wood Lake, MN $79,643

Saint Cloud, MN $81,290

Albany, MN $80,819

Alexandria, MN $79,811

Ashby, MN $79,615

Avon, MN $81,057

Barrett, MN $79,563

Belgrade, MN $80,257

Bock, MN $81,224

Bowlus, MN $80,722

Brandon, MN $79,633

Brooten, MN $80,001

Buckman, MN $80,859

Burtrum, MN $80,399

Carlos, MN $79,645

Cold Spring, MN $81,140

Collegeville, MN $81,152

Cyrus, MN $79,622

Dalton, MN $79,580

Elrosa, MN $80,659

Waltham, MN $81,841

Evansville, MN $79,591

Farwell, MN $79,629

Flensburg, MN $80,438

Foley, MN $81,074

Foreston, MN $81,089

Freeport, MN $80,664

Garfield, MN $79,648

Gilman, MN $81,051

Glenwood, MN $79,811

Greenwald, MN $80,626

Grey Eagle, MN $80,359

Hillman, MN $80,312

Hoffman, MN $79,630

Holdingford, MN $80,830

Holmes City, MN $79,623

Isle, MN $79,448

Kensington, MN $79,604

Lastrup, MN $80,324

Little Falls, MN $80,388

Long Prairie, MN $80,075

Lowry, MN $79,646

Mc Grath, MN $79,217

Melrose, MN $80,508

Milaca, MN $80,972

Miltona, MN $79,643

Nelson, MN $79,664

New Munich, MN $80,624

Oak Park, MN $81,147

Ogilvie, MN $80,670

Onamia, MN $80,064

Osakis, MN $79,904

Parkers Prairie, MN $79,559

Paynesville, MN $80,888

Pease, MN $81,235

Pierz, MN $80,370

Rice, MN $81,019

Richmond, MN $81,009

Rockville, MN $81,202

Roscoe, MN $80,949

Royalton, MN $80,882

Saint Joseph, MN $81,245

Saint Stephen, MN $81,091

Saint Martin, MN $80,916

Sartell, MN $81,200

Sauk Centre, MN $80,219

Sauk Rapids, MN $81,159

Nashua, MN $79,513

Naytahwaush, MN $79,582

New York Mills, MN $79,547

Nielsville, MN $79,356

Ogema, MN $79,404

Osage, MN $79,465

Ottertail, MN $79,617

Pelican Rapids, MN $79,535

Perham, MN $79,616

Perley, MN $79,413

Ponsford, MN $79,398

Richville, MN $79,547

Richwood, MN $79,441

Rochert, MN $79,471

Rothsay, MN $79,439

Sabin, MN $79,386

Shelly, MN $79,442

Tintah, MN $79,459

Twin Valley, MN $79,395

Ulen, MN $79,385

Underwood, MN $79,596

Vergas, MN $79,533

Vining, MN $79,528

Waubun, MN $79,409

Wendell, MN $79,491

White Earth, MN $79,659

Winger, MN $79,409

Wolf Lake, MN $79,469

Wolverton, MN $79,494

Bemidji, MN $79,568

Bagley, MN $79,468

Baudette, MN $79,273

Bena, MN $79,161

Big Falls, MN $78,920

Bigfork, MN $78,997

Birchdale, MN $79,013

Blackduck, MN $79,282

Bowstring, MN $79,090

Cass Lake, MN $79,403

Clearbrook, MN $79,437

Deer River, MN $79,151

Talmoon, MN $79,115

Effie, MN $78,931

Federal Dam, MN $79,294

Gonvick, MN $79,402

Gully, MN $79,343

Hines, MN $79,324

International Falls, MN $79,281

Kelliher, MN $79,232

Lengby, MN $79,432

Leonard, MN $79,378

Littlefork, MN $79,067

Loman, MN $79,052

Longville, MN $79,351

Marcell, MN $79,022

Margie, MN $78,982

Max, MN $79,098

Mizpah, MN $79,112

Northome, MN $79,102

Outing, MN $79,238

Pennington, MN $79,257

Ponemah, MN $79,404

Puposky, MN $79,347

Ranier, MN $79,600

Kabetogama, MN $78,987

Redby, MN $79,496

Redlake, MN $79,390

Remer, MN $79,179

Roosevelt, MN $79,268

Shevlin, MN $79,397

Solway, MN $79,418

South International Falls, MN $79,292

Spring Lake, MN $79,116

Squaw Lake, MN $79,104

Swift, MN $79,273

Tenstrike, MN $79,366

Trail, MN $79,313

Swanville, MN $80,354

Moorhead, MN $79,333

Upsala, MN $80,613

Villard, MN $79,853

Wahkon, MN $79,891

Waite Park, MN $81,287

West Union, MN $80,139

Brainerd, MN $79,746

Baxter, MN $79,842

Ah Gwah Ching, MN $79,469

Aitkin, MN $79,389

Akeley, MN $79,432

Aldrich, MN $79,515

Backus, MN $79,424

Benedict, MN $79,391

Bertha, MN $79,570

Browerville, MN $79,782

Clarissa, MN $79,680

Crosby, MN $79,469

Crosslake, MN $79,523

Cushing, MN $79,816

Deerwood, MN $79,532

Eagle Bend, MN $79,568

Emily, MN $79,310

Fifty Lakes, MN $79,314

Fort Ripley, MN $79,956

Garrison, MN $79,818

Hackensack, MN $79,413

Hewitt, MN $79,534

Ironton, MN $79,555

Jenkins, MN $79,526

Lake George, MN $79,461

Lake Hubert, MN $79,591

Laporte, MN $79,411

Menahga, MN $79,498

Merrifield, MN $79,530

Motley, MN $79,488

Nevis, MN $79,470

Nisswa, MN $79,599

Palisade, MN $79,129

Park Rapids, MN $79,519

Pequot Lakes, MN $79,540

Pillager, MN $79,576

Pine River, MN $79,432

Randall, MN $80,092

Sebeka, MN $79,455

Nimrod, MN $79,446

Staples, MN $79,547

Verndale, MN $79,493

Wadena, MN $79,614

Walker, MN $79,462

Detroit Lakes, MN $79,624

Ada, MN $79,387

Audubon, MN $79,519

Barnesville, MN $79,426

Battle Lake, MN $79,609

Bejou, MN $79,313

Beltrami, MN $79,376

Bluffton, MN $79,535

Borup, MN $79,380

Breckenridge, MN $79,694

Callaway, MN $79,433

Campbell, MN $79,508

Climax, MN $79,243

Clitherall, MN $79,558

Comstock, MN $79,415

Deer Creek, MN $79,535

Dent, MN $79,553

Dilworth, MN $79,327

Elbow Lake, MN $79,583

Elizabeth, MN $79,535

Erhard, MN $79,513

Erskine, MN $79,446

Felton, MN $79,364

Fergus Falls, MN $79,666

Fertile, MN $79,410

Flom, MN $79,373

Fosston, MN $79,471

Foxhome, MN $79,449

Frazee, MN $79,539

Gary, MN $79,316

Halstad, MN $79,436

Wabasha, MN $81,651

Hawley, MN $79,377

Hendrum, MN $79,416

Henning, MN $79,568

Hitterdal, MN $79,383

Kent, MN $79,465

Lake Park, MN $79,398

Mcintosh, MN $79,444

Mahnomen, MN $79,442

Wilton, MN $79,397

Waskish, MN $79,072

Williams, MN $79,280

Mountain Iron, MN $78,844

Cotton, MN $79,011

Wayzata, MN $85,262

Navarre, MN $85,271

Young America, MN $83,313

Winsted, MN $82,461

Winthrop, MN $81,036

Zimmerman, MN $82,103

Minneapolis, MN $86,074

Nashwauk, MN $78,853

Orr, MN $78,881

Nett Lake, MN $79,391

Pengilly, MN $78,892

Virginia, MN $78,987

Saginaw, MN $79,133

Sawyer, MN $79,142

Side Lake, MN $78,859

Soudan, MN $79,095

Sturgeon Lake, MN $79,448

Swan River, MN $78,873

Swatara, MN $79,072

Taconite, MN $79,158

Tamarack, MN $79,058

Tower, MN $78,973

Twig, MN $79,156

Warba, MN $78,947

Willow River, MN $79,517

Winton, MN $79,462

Wrenshall, MN $79,164

Wright, MN $79,114

Duluth, MN $79,169

Rochester, MN $82,605

Adams, MN $80,963

Altura, MN $81,146

Austin, MN $81,436

Blooming Prairie, MN $81,912

Brownsdale, MN $81,733

Brownsville, MN $77,883

Dundas, MN $82,923

Elko New Market, MN $84,042

Faribault, MN $82,167

Farmington, MN $84,268

Forest Lake, MN $84,429

Frontenac, MN $81,761

Goodhue, MN $82,219

Grandy, MN $81,944

Grasston, MN $80,597

Hampton, MN $83,773

Harris, MN $82,091

Hastings, MN $83,997

Henriette, MN $80,620

Hinckley, MN $79,576

Hugo, MN $84,746

Isanti, MN $83,039

Lake City, MN $82,012

Lake Elmo, MN $84,858

Lakeland, MN $84,321

Lakeville, MN $84,461

Lindstrom, MN $83,270

Lonsdale, MN $83,191

Marine On Saint Croix, MN $84,104

Medford, MN $81,900

Mora, MN $80,184

Morristown, MN $81,883

Nerstrand, MN $81,980

Newport, MN $85,159

North Branch, MN $82,939

Northfield, MN $83,264

Owatonna, MN $81,875

Pine City, MN $80,656

Randolph, MN $83,528

Red Wing, MN $82,049

Rock Creek, MN $81,213

Rosemount, MN $84,756

Rush City, MN $81,501

Saint Francis, MN $83,505

Saint Paul Park, MN $84,965

Sandstone, MN $79,551

Scandia, MN $83,834

Shafer, MN $82,990

South Saint Paul, MN $85,349

Inver Grove Heights, MN $85,146

Waverly, MN $82,559

Byron, MN $82,611

Caledonia, MN $78,231

Canton, MN $79,800

Chatfield, MN $81,715

Claremont, MN $82,109

Dakota, MN $78,065

Dexter, MN $81,876

Dodge Center, MN $82,232

Dover, MN $81,897

Eitzen, MN $78,232

Elgin, MN $82,397

Elkton, MN $81,579

Eyota, MN $82,334

Fountain, MN $81,127

Grand Meadow, MN $81,838

Harmony, MN $80,068

Hayfield, MN $82,103

Hokah, MN $77,687

Homer, MN $78,620

Houston, MN $78,388

Kasson, MN $82,422

Kellogg, MN $81,502

Kenyon, MN $82,263

La Crescent, MN $77,670

Lanesboro, MN $80,086

Lansing, MN $81,590

Le Roy, MN $80,680

Lewiston, MN $80,182

Lyle, MN $80,646

Mabel, MN $79,576

Mantorville, MN $82,412

Mazeppa, MN $82,297

Millville, MN $82,218

Minnesota City, MN $80,227

Oronoco, MN $82,611

Ostrander, MN $81,437

Peterson, MN $79,942

Pine Island, MN $82,414

Plainview, MN $81,929

Preston, MN $80,458

Racine, MN $82,117

Reads Landing, MN $81,637

Rollingstone, MN $80,572

Rose Creek, MN $81,020

Rushford, MN $79,390

Saint Charles, MN $81,499

Sargeant, MN $81,974

Spring Grove, MN $78,880

Spring Valley, MN $81,686

Stewartville, MN $82,333

Taopi, MN $80,795

Utica, MN $80,769

Ellsworth, MN $77,115

Fulda, MN $79,435

Garvin, MN $79,680

Hardwick, MN $76,872

Hendricks, MN $79,395

Heron Lake, MN $79,806

Hills, MN $75,766

Holland, MN $78,412

Ihlen, MN $76,942

Iona, MN $78,712

Ivanhoe, MN $79,559

Jackson, MN $79,793

Jasper, MN $76,573

Jeffers, MN $79,800

Kanaranzi, MN $76,912

Kenneth, MN $77,396

Lake Benton, MN $78,981

Lakefield, MN $79,680

Lake Wilson, MN $78,734

Lamberton, MN $79,728

Leota, MN $78,098

Lismore, MN $78,027

Luverne, MN $76,548

Lynd, MN $79,722

Magnolia, MN $77,045

Mountain Lake, MN $79,938

Odin, MN $79,920

Okabena, MN $79,779

Ormsby, MN $79,960

Pipestone, MN $77,973

Reading, MN $78,777

Revere, MN $79,690

Round Lake, MN $79,532

Rushmore, MN $78,287

Russell, MN $79,675

Ruthton, MN $78,838

Sherburn, MN $79,899

Slayton, MN $79,201

Steen, MN $76,314

Storden, MN $79,774

Tracy, MN $79,760

Trimont, MN $80,004

Trosky, MN $77,128

Tyler, MN $79,294

Walnut Grove, MN $79,707

Welcome, MN $80,006

Westbrook, MN $79,778

Wilmont, MN $78,509

Woodstock, MN $78,331

Worthington, MN $79,213

Beaver Bay, MN $79,125

Brimson, MN $78,866

Finland, MN $79,007

Grand Marais, MN $79,170

Grand Portage, MN $79,107

Hovland, MN $79,084

Isabella, MN $78,838

Knife River, MN $79,151

Lutsen, MN $79,129

Schroeder, MN $79,081

Silver Bay, MN $79,129

Tofte, MN $79,048

Two Harbors, MN $79,158

Adolph, MN $79,169

Alborn, MN $79,060

Angora, MN $78,800

Askov, MN $79,607

Aurora, MN $79,031

Babbitt, MN $79,020

Barnum, MN $79,172

Biwabik, MN $79,116

Bovey, MN $78,989

Britt, MN $78,853

Brookston, MN $79,104

Bruno, MN $79,427

Buhl, MN $78,904

Calumet, MN $79,165

Canyon, MN $79,077

Carlton, MN $79,155

Chisholm, MN $78,896

Cloquet, MN $79,146

Cohasset, MN $79,212

Coleraine, MN $79,370

Cook, MN $78,877

Albertville, MN $83,554

Annandale, MN $81,420

Anoka, MN $84,210

Andover, MN $84,742

Hopkins, MN $85,752

Burnsville, MN $85,019

Arlington, MN $81,988

Becker, MN $81,556

Big Lake, MN $82,004

Bird Island, MN $79,762

Osseo, MN $85,154

Brownton, MN $81,319

Buffalo, MN $82,786

Buffalo Lake, MN $80,378

Carver, MN $84,161

Champlin, MN $85,109

Chanhassen, MN $85,047

Chaska, MN $84,578

Clear Lake, MN $81,207

Clearwater, MN $81,192

Cokato, MN $81,583

Cologne, MN $83,849

Crystal Bay, MN $85,050

Darwin, MN $81,233

Dassel, MN $81,529

Dayton, MN $84,710

Delano, MN $83,768

Eden Valley, MN $81,015

Elk River, MN $83,334

Excelsior, MN $84,905

Fairfax, MN $79,895

Franklin, MN $79,764

Gaylord, MN $81,620

Gibbon, MN $80,368

Glencoe, MN $81,993

Green Isle, MN $82,419

Hamburg, MN $83,000

Hamel, MN $84,952

Hanover, MN $84,151

Hector, MN $79,965

Eden Prairie, MN $85,499

Minnetonka, MN $85,457

Maple Plain, MN $84,694

Howard Lake, MN $82,015

Hutchinson, MN $81,247

Jordan, MN $84,180

Kimball, MN $81,130

Lester Prairie, MN $82,579

Litchfield, MN $80,934

Long Lake, MN $85,060

Loretto, MN $84,352

Maple Lake, MN $81,703

Mayer, MN $83,341

Dennison, MN $82,156

Stacy, MN $83,664

Stanchfield, MN $81,587

Stillwater, MN $84,535

Taylors Falls, MN $82,345

Vermillion, MN $84,127

Warsaw, MN $82,081

Webster, MN $83,700

Welch, MN $82,681

Willernie, MN $85,047

Wyoming, MN $84,033

Saint Paul, MN $85,647

Mendota, MN $85,732

Minnetonka Beach, MN $85,077

Monticello, MN $81,969

Montrose, MN $83,086

Mound, MN $84,635

New Auburn, MN $81,977

New Germany, MN $83,044

Norwood Young America, MN $83,285

Plato, MN $82,732

Princeton, MN $81,567

Prior Lake, MN $84,661

Rockford, MN $84,144

Rogers, MN $84,488

Saint Bonifacius, MN $84,357

Saint Michael, MN $83,683

Santiago, MN $81,462

Savage, MN $85,122

Shakopee, MN $84,778

Silver Creek, MN $81,548

Silver Lake, MN $81,863

South Haven, MN $81,208

Norwood, MN $83,233

Spring Park, MN $84,853

Stewart, MN $80,753

Victoria, MN $84,582

Waconia, MN $84,036

Watertown, MN $83,709

Watkins, MN $81,086

Wanamingo, MN $82,278

West Concord, MN $82,230

Winona, MN $79,001

Stockton, MN $80,054

Wykoff, MN $81,471

Zumbro Falls, MN $82,311

Zumbrota, MN $82,269

Mankato, MN $81,182

Albert Lea, MN $80,985

Alden, MN $80,378

Amboy, MN $80,191

Belle Plaine, MN $83,510

Blue Earth, MN $80,060

Bricelyn, MN $80,109

Clarks Grove, MN $81,116

Cleveland, MN $81,930

Comfrey, MN $79,834

Willmar, MN $80,254

Alberta, MN $79,549

Appleton, MN $79,641

Atwater, MN $80,464

Barry, MN $79,590

Beardsley, MN $79,252

Bellingham, MN $79,385

Belview, MN $79,624

Benson, MN $79,712

Blomkest, MN $79,749

Boyd, MN $79,605

Browns Valley, MN $79,286

Canby, MN $79,463

Chokio, MN $79,552

Clara City, MN $79,736

Clarkfield, MN $79,663

Clements, MN $79,736

Clinton, MN $79,389

Clontarf, MN $79,587

Correll, MN $79,449

Cosmos, MN $80,439

Cottonwood, MN $79,691

Danube, MN $79,708

Danvers, MN $79,557

Dawson, MN $79,657

Donnelly, MN $79,547

Dumont, MN $79,442

Echo, MN $79,605

Ghent, MN $79,731

Graceville, MN $79,400

Granite Falls, MN $79,732

Grove City, MN $80,645

Hancock, MN $79,644

Hanley Falls, MN $79,641

Herman, MN $79,519

Holloway, MN $79,548

Kandiyohi, MN $80,312

Kerkhoven, MN $79,712

Lake Lillian, MN $80,072

Lucan, MN $79,671

Madison, MN $79,490

Marietta, MN $79,214

Marshall, MN $79,844

Maynard, MN $79,648

Milan, MN $79,657

Milroy, MN $79,652

Minneota, MN $79,707

Montevideo, MN $79,746

Morgan, MN $79,797

Insurance Risk Analyst Salary by Industry: Top Paying Sectors

For Insurance Risk Analyst roles, the industry you choose can affect earning potential by as much as 43% (the gap between the highest and lowest paying industries). Data shows that the Insurance and Energy & Utilities sectors offer the strongest compensation, at 18% above the average. In contrast, Insurance Risk Analyst positions in Hospitality & Leisure or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Insurance Risk Analyst as a support function rather than a direct revenue driver.

The top paying industries for an Insurance Risk Analyst

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Insurance	$99,496	$48.0	18%
Energy & Utilities	$96,966	$47.0	15%
Software & Networking	$95,280	$46.0	13%
Healthcare	$94,437	$45.0	12%
Internet	$94,437	$45.0	12%

Insurance Risk Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Insurance Risk Analyst's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

$78,524

Average $84,319/year

$92,028

$6,544

Average $7,027/month

$7,669

$1,510

Average $1,622/week

$1,770

$38

Average $41/hour

$44

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$92,028	$7,669	$1,770	$44
Average	$84,319	$7,027	$1,622	$41
25th Percentile	$78,524	$6,544	$1,510	$38

Find Your Next Insurance Risk Analyst Job

Ready to take the next step in your career? Browse thousands of current Insurance Risk Analyst job openings on our job board. Use the search bar below to find your perfect match.

Work At Home Vintage Experts | Saint Paul, MN

Data Analyst

Work At Home Vintage Experts | Saint Paul, MN

Put your Insurance Experience to work - FROM HOME. At WAHVE, we value significant insurance experience and want to revolutionize the way people think about... more

8 Days Ago
Partners Bank | SANFORD, ME

Fraud Risk Analyst Req

Partners Bank | SANFORD, ME

Fraud-Risk Analyst. Department: Compliance Department. Reports to: Compliance Officer. Supervises: N/A. Status: Full Time/ Exempt/ Onsite. Must already be ... more

21 Days Ago
Legacy Risk Solutions LLC | VALDOSTA, GA

Commercial Lines Insurance Marketing Specialist

Legacy Risk Solutions LLC | VALDOSTA, GA

Description. About Legacy Risk Solutions. Legacy Risk Solutions is a leading independent insurance agency platform headquartered in Gainesville, Georgia. T... more

21 Days Ago
Society Insurance Company | FOND DU LAC, WI

Senior Claims Representative Analyst

Society Insurance Company | FOND DU LAC, WI

Job Information. Job Title. Senior Claims Representative Analyst. Home Department. Claims – Work Comp. Employment Status. Exempt. Full-time. Schedule. 40 h... more

7 Days Ago
Mutual of Omaha | TORRANCE, CA

Special Risk Claim Analyst

Mutual of Omaha | TORRANCE, CA

Mutual of Omaha is seeking a Special Risk Claim Analyst to evaluate and manage complex and specialty insurance claims. In this role, you will investigate c... more

8 Days Ago

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Insurance Risk Analyst Salary in Minnesota

Check out Insurance Risk Analyst Job Openings in Minnesota

Key Factors That Influence Insurance Risk Analyst Salaries

How Experience Level Affects Insurance Risk Analyst Salaries?

How Do Insurance Risk Analyst Salaries Vary from State to State?

Top Paying Cities for Insurance Risk Analyst

Insurance Risk Analyst Salary by Industry: Top Paying Sectors

The top paying industries for an Insurance Risk Analyst

Insurance Risk Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Find Your Next Insurance Risk Analyst Job

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Insurance Risk Analyst Salary in Minnesota

Check out Insurance Risk Analyst Job Openings in Minnesota

Key Factors That Influence Insurance Risk Analyst Salaries

How Experience Level Affects Insurance Risk Analyst Salaries?

How Do Insurance Risk Analyst Salaries Vary from State to State?

Top Paying Cities for Insurance Risk Analyst

Insurance Risk Analyst Salary by Industry: Top Paying Sectors

The top paying industries for an Insurance Risk Analyst

Insurance Risk Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Salaries of jobs related to Insurance Risk Analyst

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