The analyst collaborates closely with Operations, Finance, Safety, Legal, and external partners to ensure consistent application of the company's prequalification and risk management processes.
The analyst collaborates closely with Operations, Finance, Safety, Legal, and external partners to ensure consistent application of the company's prequalification and risk management processes.
The analyst collaborates closely with Operations, Finance, Safety, Legal, and external partners to ensure consistent application of the company's prequalification and risk management processes.
The analyst collaborates closely with Operations, Finance, Safety, Legal, and external partners to ensure consistent application of the company's prequalification and risk management processes.
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Legal Risk Manager information
See Minneapolis, MN salary details
$38.1K - $47.4K
6% of jobs
$47.4K - $56.7K
2% of jobs
$56.7K - $66K
14% of jobs
$68.8K is the 25th percentile. Wages below this are outliers.
$66K - $75.3K
9% of jobs
$75.3K - $84.6K
8% of jobs
The median wage is $92K / yr.
$84.6K - $93.9K
13% of jobs
$93.9K - $103.2K
14% of jobs
$107.7K is the 75th percentile. Wages above this are outliers.
$103.2K - $112.5K
18% of jobs
$112.5K - $121.8K
13% of jobs
$121.8K - $131.1K
2% of jobs
$131.1K - $140.4K
1% of jobs
$38.1K
$91.6K
$140.4K
How much do legal risk manager jobs pay per year?
How does a legal risk manager typically collaborate with other departments within an organization?
What are the key skills and qualifications needed to thrive as a legal risk manager, and why are they important?
What is legal risk management?
What is the difference between Legal Risk Manager vs Compliance Officer?
| Aspect | Legal Risk Manager | Compliance Officer |
|---|---|---|
| Required Credentials | Law degree, legal certifications, risk management certifications | Legal or regulatory certifications, compliance training |
| Work Environment | Legal departments, risk management teams, corporate offices | Regulatory agencies, corporate compliance departments |
| Employer & Industry Usage | Financial, healthcare, corporate sectors | Financial, healthcare, manufacturing, and other regulated industries |
| Common Search & Comparison Intent | Understanding legal risk roles, legal expertise in risk management | Ensuring regulatory compliance, risk mitigation strategies |
The Legal Risk Manager focuses on identifying and mitigating legal risks within an organization, often requiring legal qualifications and working closely with legal teams. The Compliance Officer primarily ensures that the company adheres to laws and regulations, often with compliance certifications. Both roles are vital in regulated industries and share overlapping skills, but their core focus differs: legal risk management versus regulatory compliance.

Other
Medical, Dental, Vision, Life, Retirement, PTO
Posted 14 days ago
Job description
McGough is a respected partner that brings six generations of experience to high profile, unique and complex construction projects. We take great pride in our people and their extraordinary expertise in planning, development, construction and facility management. McGough employee tenure reflects the commitment and pride we share in our work. Ask anyone who knows us - the caliber of our people sets us apart.
RISK ANALYST (SUBCONTRACTOR PREQUALIFICATION)
The Subcontractor Prequalification Risk Analyst is responsible for managing McGough's corporate risk assessment process for third-party partners, primarily subcontractors and other critical vendors. This role supports project teams by evaluating subcontractors against established financial, safety, insurance, bonding, and risk standards prior to engagement. The analyst collaborates closely with Operations, Finance, Safety, Legal, and external partners to ensure consistent application of the company's prequalification and risk management processes.
QUALIFICATIONS
Required:
- 2-4+ years of experience in finance, accounting, insurance, risk management, or a related field
- Detail oriented and ability to work with a high degree of accuracy
Preferred:
- 4-7 years of industry experience in insurance or risk management or similar experience.
- Four-year degree in Business or related degree
Skills:
- Strong attention to detail with the ability to produce accurate, high-quality work.
- Demonstrated ability to work independently, manage multiple priorities, and meet established deadlines.
- Excellent organizational skills with the ability to manage multiple projects simultaneously.
- Strong verbal and written communication skills, with the ability to build relationships and effectively advise stakeholders at all levels of the organization.
- Strong analytical, critical thinking, and problem-solving skills, with the ability to gather, synthesize, and evaluate information from multiple sources.
- Ability to handle confidential and sensitive information with discretion and maintain privacy.
- Ability to professionally communicate concerns, navigate conflict, and exercise sound judgment.
- Positive, proactive attitude with a commitment to continuous learning and professional development.
- Advanced proficiency in Microsoft Office Suite, particularly Excel, Word, and Outlook.
CORE RESPONSIBILITIES
Subcontractor Prequalification
- Administer McGough's prequalification process for all trade partners
- Review and analyze all documentation submitted for subcontractor prequalification, including financial statements, safety records (OSHA 300A logs, EMR, etc.), certificates of insurance, bonding capacity letters, litigation history, and other relevant information to assess compliance with prequalification requirements.
- Review external financial statements and prepare financial analysis summaries
- Assist in maintaining the subcontractor prequalification database, ensuring the accuracy of records, supporting documentation, and expiration tracking.
- Manage and maintain the subcontractor restricted list, serving as the primary point of contact for internal stakeholders regarding restricted statuses.
- Evaluate requests for exceptions involving restricted subcontractors and assist in developing and implementing risk mitigation plans when appropriate.
Subcontractor Default Insurance Referrals
- Partner with Operations and other internal stakeholders to determine subcontractor referral requirements on a project-specific basis.
- Collect, track, and review all documentation and information required for subcontractor default insurance referrals.
- Coordinate with the Risk Manager and external partners to ensure information is distributed accurately and within required timeframes.
- Monitor referral approvals and denials and communicate outcomes to internal stakeholders as needed.
Additional Responsibilities
- Serve as an active member of the Risk Team, contributing to departmental objectives and collaborating on key initiatives and priorities.
- Work closely with internal teams, subcontractors, and external stakeholders to support and align risk management efforts across the organization.
- Perform additional duties and responsibilities as assigned.
OFFICE AND TRAVEL
Office: Primarily works in corporate office out of Roseville. Eligible for hybrid position.
Travel: May be minimal travel between office locations and to insurance/risk related conferences. 5% of travel time with additional opportunities for travel if interested.
PHYSICAL REQUIREMENTS
The physical requirements listed here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Position involves sitting for extended periods of time at employee's work station. Employee needs to be able to lift up to 20 pounds as frequently as needed to move objects; dexterity to write and manipulate computer keyboard and mouse; ability to hear and speak clearly; and ability to distinguish between colors on graphs and charts.
Occasionally, employee will be required to visit construction jobsites which may expose the employee to dirt, dust, uneven surfaces, outdoor weather conditions and extreme temperatures.
In alignment with our commitment to pay transparency, the base salary range for this position is $69,300-90,000, excluding fringe benefits or potential bonuses. If you join McGough, your final base salary will be determined by several factors, including geography, location, skills, education, and experience. Furthermore, we place significant value on pay equity among our current team members as part of any final job offer.
Please note that the range provided above reflects the hiring range for this role. Hiring near the top end of this range would be atypical, as we aim to allow room for future salary growth. Additionally, McGough offers a comprehensive compensation and benefits package. This includes insurance coverage for medical, dental, vision, life, and disability. We also provide generous retirement plans, voluntary benefit plans, parental leave, substantial paid time off, and holiday pay.
About McGough
Sourced by ZipRecruiter
Industry
Construction
Company size
501 - 1,000 Employees
Headquarters location
Saint Paul, MN, US
Year founded
1956