Risk Analyst Jobs in Minnesota
Risk Analyst jobs in Minnesota are in steady demand, concentrated in financial services, insurance, and healthcare across the Twin Cities metro, with additional hiring in Rochester and Bloomington. Major employers with a lasting presence in the state include U.S. Bancorp, Allianz Life Insurance of North America, and Mayo Clinic, all of which maintain active risk functions. The most sought-after specialties are enterprise risk management, credit risk, and operational risk. Find a role that fits below and apply directly.
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SUMMARY
Mortenson is currently seeking an Associate Risk Program Analyst to provide administration of Mortenson’s trade partner prequalification program, and assistance in the administration of Mortenson’s subcontractor default insurance program.
RESPONSIBILITIES
Administration of Mortenson’s trade partner prequalification program:
- Provide overall guidance to operating groups on prequalification program; drive and influence trade partner decisions by providing metrics and analysis
- Regularly process and analyze trade partner financial qualification submissions
- Communicate with trade partners to ensure proper qualification submittals
- Communicate qualification status and results through proper channels
- Assist operating groups with determining appropriate trade partners for projects
- Use independent judgment to provide financial feedback about trade partners to group leadership to ultimately influence business decisions
- Partner with Finance and Accounting to review qualifications as necessary Provide insights on analytics, identify red flags or areas needing additional information
Develop and implement corporate policies and procedures related to Mortenson’s trade partner prequalification program.
Perform basic accounting functions:
- Review and understand key components of trade partner financial statements
- Verify and reconcile balance sheet and income statement qualification entries submitted by trade partners
- Calculate key financial metrics established by Mortenson for evaluation of trade partner financial status
- Assist in administration of Mortenson’s subcontractor default insurance program. Other duties or special projects as assigned.
QUALIFICATIONS
- Detail orientation
- Excellent organizational and multi-tasking skills, with the ability to manage workload and meet deadlines
- Proficient skills in Microsoft Word, Excel, Outlook and Power Point
- Effective communication and active listening skills
- Proven positive and professional attitude and strong customer service skills
- Open to change based on diverse input and feedback
- Effectively work with those of diverse backgrounds and organizational levels
- Adaptive, effective communication and active listening skills
- Strong cross-cultural relationship building and influencing at all organizational levels
- Bachelor’s degree in Accounting, Finance, Economics, or related field
- Minimum one year of finance or administrative support experience Construction-related business experience preferred but not required
A few benefits offered include:
(for Non-Craft & Non-Union Craft working 25+ hours / week)
- Medical and prescription drug plans that includes no additional cost vision coverage
- Dental plan
- 401k retirement plan with a generous Mortenson match
- Paid time off, holidays, and other paid leaves
- Employer paid Life, AD&D, and disability insurance
- No-Cost mental health tool and concierge with extensive work-life resources
- Tuition reimbursement
- Adoption Assistance Gym Membership Discount Program
The base pay range for this role is $79,000 - $118,600. (Actual range is higher for the following office locations: Denver, CO and Chicago, IL – 5%, Seattle, WA, and Portland, OR – 10%, Washington, D.C. – 12.5%).
Base pay is positioned within the range based on several factors including an individual’s knowledge, skills, and experience, with consideration given to internal equity. This position is eligible for Mortenson’s incentive plan.
#LI-PM1 #LI-hybrid
Please make note:
- Visa sponsorship is not offered for this position. Our postings are typically open a minimum of 5 days and an average of 44 days.
ABOUT MORTENSON
As a top builder, developer, and EPC (Engineering, Procurement, and Construction), our expertise spans markets like sports, renewable energy, data centers, healthcare, and more. We are builders at heart, working to ensure the built environment has a lasting positive impact.
Let’s Redefine Possible®
Equal Employment Opportunity
Your uniqueness brings new and creative perspectives to the team. Mortenson is committed to providing equal opportunities of employment (EOE) to all individuals, regardless of your race, religion, gender, national origin, age, veteran status, disability, marital status or any other legally protected category.
Other Items to Note
- Mortenson reserves the right to hire any individual without legal or financial obligation on unwanted solicitations. No agency emails, calls, or solicitations are accepted without a valid agreement.
- Must be currently legally authorized to work in the U.S. without sponsorship for employment visa status (e.g., H1B status, 0-1, TN, CPT, OPT, etc.). We are unable to sponsor or take over sponsorship of an employment Visa at this time.
SUMMARY
Mortenson is currently seeking an Associate Risk Program Analyst to provide administration of Mortenson’s trade partner prequalification program, and assistance in the administration of Mortenson’s subcontractor default insurance program.
RESPONSIBILITIES
Administration of Mortenson’s trade partner prequalification program:
- Provide overall guidance to operating groups on prequalification program; drive and influence trade partner decisions by providing metrics and analysis
- Regularly process and analyze trade partner financial qualification submissions
- Communicate with trade partners to ensure proper qualification submittals
- Communicate qualification status and results through proper channels
- Assist operating groups with determining appropriate trade partners for projects
- Use independent judgment to provide financial feedback about trade partners to group leadership to ultimately influence business decisions
- Partner with Finance and Accounting to review qualifications as necessary Provide insights on analytics, identify red flags or areas needing additional information
Develop and implement corporate policies and procedures related to Mortenson’s trade partner prequalification program.
Perform basic accounting functions:
- Review and understand key components of trade partner financial statements
- Verify and reconcile balance sheet and income statement qualification entries submitted by trade partners
- Calculate key financial metrics established by Mortenson for evaluation of trade partner financial status
- Assist in administration of Mortenson’s subcontractor default insurance program. Other duties or special projects as assigned.
QUALIFICATIONS
- Detail orientation
- Excellent organizational and multi-tasking skills, with the ability to manage workload and meet deadlines
- Proficient skills in Microsoft Word, Excel, Outlook and Power Point
- Effective communication and active listening skills
- Proven positive and professional attitude and strong customer service skills
- Open to change based on diverse input and feedback
- Effectively work with those of diverse backgrounds and organizational levels
- Adaptive, effective communication and active listening skills
- Strong cross-cultural relationship building and influencing at all organizational levels
- Bachelor’s degree in Accounting, Finance, Economics, or related field
- Minimum one year of finance or administrative support experience Construction-related business experience preferred but not required
A few benefits offered include:
(for Non-Craft & Non-Union Craft working 25+ hours / week)
- Medical and prescription drug plans that includes no additional cost vision coverage
- Dental plan
- 401k retirement plan with a generous Mortenson match
- Paid time off, holidays, and other paid leaves
- Employer paid Life, AD&D, and disability insurance
- No-Cost mental health tool and concierge with extensive work-life resources
- Tuition reimbursement
- Adoption Assistance Gym Membership Discount Program
The base pay range for this role is $79,000 - $118,600. (Actual range is higher for the following office locations: Denver, CO and Chicago, IL – 5%, Seattle, WA, and Portland, OR – 10%, Washington, D.C. – 12.5%).
Base pay is positioned within the range based on several factors including an individual’s knowledge, skills, and experience, with consideration given to internal equity. This position is eligible for Mortenson’s incentive plan.
#LI-PM1 #LI-hybrid
Please make note:
- Visa sponsorship is not offered for this position. Our postings are typically open a minimum of 5 days and an average of 44 days.
ABOUT MORTENSON
As a top builder, developer, and EPC (Engineering, Procurement, and Construction), our expertise spans markets like sports, renewable energy, data centers, healthcare, and more. We are builders at heart, working to ensure the built environment has a lasting positive impact.
Let’s Redefine Possible®
Equal Employment Opportunity
Your uniqueness brings new and creative perspectives to the team. Mortenson is committed to providing equal opportunities of employment (EOE) to all individuals, regardless of your race, religion, gender, national origin, age, veteran status, disability, marital status or any other legally protected category.
Other Items to Note
- Mortenson reserves the right to hire any individual without legal or financial obligation on unwanted solicitations. No agency emails, calls, or solicitations are accepted without a valid agreement.
- Must be currently legally authorized to work in the U.S. without sponsorship for employment visa status (e.g., H1B status, 0-1, TN, CPT, OPT, etc.). We are unable to sponsor or take over sponsorship of an employment Visa at this time.
See All 11 Risk Analyst Jobs in Minnesota
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Find Risk Analyst JobsRisk Analyst Jobs by City in Minnesota
Where Minnesota roles are concentrated, by current openings.
Risk Analyst Job Market in Minnesota
A snapshot from current Minnesota openings, updated as new roles post.
Who's Hiring
What Minnesota Employers Look For
The qualifications that appear most often in risk analyst jobs across Minnesota.
- Bachelor's degree in finance, economics, statistics, or a related quantitative field
- FRM or CRM certification recognized by Minnesota financial and insurance employers
- Two or more years of experience in risk assessment, credit analysis, or compliance
- Proficiency in risk modeling tools and data analysis software such as SAS or Python
- Strong working knowledge of regulatory frameworks including Basel III and SOX
- Excellent written communication skills for presenting risk findings to leadership
Risk Analyst Jobs in Minnesota: Frequently Asked Questions
How do you become a risk analyst in Minnesota?
Most Minnesota employers expect a bachelor's degree in finance, economics, statistics, or a closely related field as the foundation. There is no state-issued license specific to risk analysts in Minnesota, but earning a recognized credential such as the Financial Risk Manager designation or the Certified Risk Manager credential strengthens candidacy considerably. Many Twin Cities financial and insurance firms look for candidates who combine that coursework with internship or co-op experience gained through programs at Minnesota universities.
How much do risk analysts make in Minnesota?
Risk analysts in Minnesota earn a median of about $105,420 a year, based on May 2025 Bureau of Labor Statistics wage data, ranging from around $72,930 for the lowest 10% to over $161,880 for the top 10%. Pay rises with experience, specialty, and employer.
Which companies hire risk analysts in Minnesota?
Minnesota risk analyst roles are posted by ECMC, Mortenson Construction, and Allianz and others right now, based on current listings on Migrate Mate as of November 2026. The Twin Cities concentration of large financial services firms, regional insurance carriers, and major health systems means Minnesota has a deeper bench of active risk hiring than most comparable metro markets.
Which Minnesota cities have the most risk analyst jobs?
Minneapolis, Saint Paul, and Plymouth account for the largest share of risk analyst openings in Minnesota. Minneapolis and Saint Paul drive the majority of postings given the headquarters density of financial institutions, insurance companies, and large healthcare networks located there, while suburban hubs like Bloomington attract additional openings from firms based along the Interstate 494 corridor.
Are there remote risk analyst jobs in Minnesota?
Yes, and more than most fields, since risk analysis is fundamentally a desk and data-driven discipline. About 100% of risk analyst openings tied to Minnesota are remote or hybrid as of November 2026, reflecting how readily the work translates to distributed arrangements. Roles focused on quantitative modeling, credit monitoring, and enterprise risk reporting tend to offer the most remote flexibility, while positions requiring close collaboration with trading desks or on-site audit teams lean toward hybrid schedules.
How can I get hired as a risk analyst in Minnesota with little or no experience?
The most realistic entry path is a rotational or analyst development program at one of the Twin Cities' large financial institutions or insurance carriers, where new graduates move across credit, operational, and compliance risk functions before specializing. Firms such as U.S. Bancorp and Allianz Life run structured associate programs that accept candidates without direct risk experience. Lateral moves from adjacent roles like financial analyst, internal auditor, or underwriting assistant are common, and completing the first exam in the FRM series signals commitment that offsets a thin resume.
Where can I find and apply to risk analyst jobs in Minnesota?
You can find and apply to risk analyst jobs in Minnesota on Migrate Mate, which lists current Minnesota openings across financial services, insurance, healthcare, and corporate sectors. Find the roles that fit your background and apply directly to each one.
See All 11 Risk Analyst Jobs in Minnesota
Find roles in Minnesota that match your experience and apply in just a few clicks.
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