Prequalification & Risk Management Analyst at Cadence McShane Construction Company

Plano, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

13 Jan, 26

Salary

0.0

Posted On

15 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Subcontractor Prequalification, Risk Management, Financial Analysis, Safety Compliance, Analytical Skills, Communication Skills, Construction Law, Insurance Requirements, Bonding Practices, Claims Administration, Due Diligence, Risk Mitigation, Project Management, Microsoft Excel, Construction Management Software, Collaboration

Industry

Construction

Description

Description Join our team, here at Cadence McShane, as a Prequalification & Risk Management Analyst! As a Prequalification & Risk Management Analyst, you’ll play a critical role in evaluating and managing subcontractor risk, ensuring that only qualified and reliable partners are engaged on our projects. You’ll work closely with project teams and leadership to maintain high standards of compliance, safety, and financial stability across our subcontractor base. Responsibilities Subcontractor Prequalification Take ownership of managing the subcontractor prequalification process. Review and analyze subcontractor prequalification submissions including financial statements, safety records, insurance certificates, bonding capacity, and project history. Maintain and update the subcontractor database with current qualification statuses and documentation. Collaborate with project teams to ensure only qualified subcontractors are considered for bidding and contract awards. Develop and refine prequalification criteria and scoring models to align with company risk tolerance and project requirements. Conduct due diligence and background checks on new subcontractors. Develop and maintain risk mitigation plans for subcontractors based on predetermined criteria. Subcontractor Default Program Management Administer the Subcontractor Default Insurance (SDI) program, including enrollment, claims support, and compliance tracking. Monitor subcontractor performance and financial health to identify early warning signs of potential default. Support project teams in managing subcontractor performance issues and implementing corrective actions. Prepare reports and dashboards on subcontractor risk exposure and SDI program metrics for senior leadership. Claims Administration Track and monitor subcontractor claims throughout the project lifecycle. Coordinate with legal, project management, and subcontractor teams to assess and resolve claims. Maintain organized documentation of all claims, correspondence, and resolution actions. Support the resolution of claims by preparing summaries, timelines, and relevant documentation. Ensure compliance with company policies and contractual obligations in claims handling. Requirements Bachelor’s degree in Accounting, Finance, Risk Management, or related field. 3+ years of experience in subcontractor prequalification, construction risk management, or related roles. Familiarity with SDI programs (e.g., Zurich, Liberty Mutual) and subcontractor risk mitigation strategies. Strong analytical skills with the ability to interpret financial statements and risk indicators. Proficiency in Microsoft Excel, risk management software, and construction management platforms (e.g., Procore, CMiC). Excellent communication and interpersonal skills for cross-functional collaboration. Experience working for a General Contractor or in a construction risk consulting role a plus. Knowledge of construction law, insurance requirements, and bonding practices a plus. Certification in Construction Risk Insurance Specialist (CRIS) or similar is a plus. About Us For 40 years, Cadence McShane Construction Company has been a trusted name in the industry. Based in Plano, TX, with regional offices in Austin, San Antonio, and Houston, the company specializes in the multi-family, industrial, commercial, and education markets. Are you ready to make an impact and grow with us, but looking for something different? Visit our careers page at www.cadencemcshaneconstruction.com/join-our-team. Cadence McShane Construction cultivates a culture of inclusion where every individual’s unique background and perspective are embraced. We provide equal employment opportunities to all employees and applicants and make all employment-related decisions without regard to race, religion, color, sex, sexual orientation, gender identity, national origin, age, or disability, or any other characteristic protected by federal, state, or local laws. No Agency Inquiries Please: The McShane Companies (McShane Construction Company, Cadence McShane Construction Company, and Conor Commercial Real Estate) do not accept unsolicited resumes, candidates’ names or summaries from staffing agencies, search firms, or third-party recruiters. The McShane Companies will not pay a placement fee in connection with any such unsolicited resumes.

Responsibilities

The Prequalification & Risk Management Analyst will evaluate and manage subcontractor risk, ensuring that only qualified partners are engaged on projects. This role involves collaborating with project teams to maintain compliance, safety, and financial stability across the subcontractor base.