The average salary for a risk management specialist in Minnesota is around $74,670 per year.
Avg Salary
Risk management specialists earn an average yearly salary of $74,670.
Wages typically start from $48,270 and go up to $112,260.
11% above national average Updated in 2021
Risk management specialist earnings by seniority
Top-level risk management specialist earnings begin at:
$53.97 per hour
$112,260 per year
Senior-level risk management specialist earnings begin at:
$46.43 per hour
$96,570 per year
Mid-level risk management specialist earnings begin at:
$35.90 per hour
$74,670 per year
Junior-level risk management specialist earnings begin at:
$29.21 per hour
$60,750 per year
Starting level risk management specialist earnings begin at:
$23.21 per hour
$48,270 per year
Approximate values based on highest and lowest earning segments.
Risk management specialist salary by state
| State Name | Average Salary |
|---|---|
| Maryland | $87,190 |
| New York | $81,960 |
| Connecticut | $81,090 |
| Virginia | $80,950 |
| New Jersey | $80,510 |
| Ohio | $80,290 |
| Colorado | $79,830 |
| Oregon | $79,030 |
| Rhode Island | $78,870 |
| Indiana | $78,120 |
| Pennsylvania | $78,080 |
| Massachusetts | $77,740 |
| South Carolina | $77,560 |
| Hawaii | $77,450 |
| Illinois | $77,450 |
| California | $77,420 |
| North Carolina | $76,570 |
| Alaska | $76,540 |
| Utah | $76,450 |
| Michigan | $75,560 |
| North Dakota | $75,420 |
| Georgia | $75,090 |
| Minnesota | $74,670 |
| Alabama | $73,510 |
| Delaware | $73,080 |
| Guam | $71,410 |
| West Virginia | $71,240 |
| Washington | $70,800 |
| Arizona | $69,200 |
| New Hampshire | $68,870 |
| Oklahoma | $66,790 |
| Maine | $63,830 |
| Vermont | $63,470 |
| New Mexico | $62,710 |
| Montana | $62,340 |
| Texas | $61,570 |
| Missouri | $61,170 |
| Iowa | $60,970 |
| Arkansas | $60,830 |
| Tennessee | $60,390 |
| Louisiana | $57,760 |
| Nebraska | $55,390 |
| Kentucky | $53,410 |
| Wyoming | $53,410 |
| Idaho | $50,990 |
| Wisconsin | $50,120 |
| Mississippi | $49,490 |
| South Dakota | $48,300 |
| Florida | $48,270 |
| Kansas | $48,060 |
| Nevada | $39,780 |
| Puerto Rico | $30,470 |
| District of Columbia | $107,540 |
How do risk management specialist salaries compare to similar careers?
Risk management specialists earn about the same as related careers in Minnesota. On average, they make less than budget analysts but more than underwriters.
| Career | Median Salary |
|---|---|
| Budget analyst salary | $79K |
| Consultant salary | $81K |
| Market research analyst salary | $77K |
| Accountant salary | $76K |
| Auditor salary | $76K |
| Risk management specialist salary | $75K |
| Investment banker salary | $75K |
| Financial quantitative analyst salary | $75K |
| Fraud analyst salary | $75K |
| Underwriter salary | $67K |
Source: CareerExplorer (Aggregated)