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Contract Analyst Jobs in Elgin, IL (NOW HIRING)

Contract Analyst

Chicago, IL · On-site

$70K - $75K/yr

The Contract Analyst provides support for multiple contract types including Professional Service Agreements, Intergovernmental Agreements, Commensurate Benefit Agreements, Memorandums of ...

Contract Analyst

Chicago, IL · Hybrid

$71K - $86K/yr

The Contract Analyst provides support for multiple contract types including Professional Service Agreements, Intergovernmental Agreements, Commensurate Benefit Agreements, Memorandums of ...

ENTERPRISE CONTRACT ANALYST

Chicago, IL · On-site

$71K - $86K/yr

The Enterprise Contract Analyst is responsible for market research, solicitation, negotiation, evaluation, operations and administration, issue resolution and internal coordination of assigned ...

The Contract Analyst also prepares and summarizes commercial and customer analysis to identify key trends and communicates business drivers, market dynamics, competitive landscapes, and product ...

Sr. Analyst, Contracts

Wood Dale, IL · On-site

$75K - $90K/yr

Independently analyze and respond to solicitations and contract awards for products issued through DLA's Internet Bid Board System (DIBBS) and other procurement platforms * Lead negotiation on price ...

Sr. Analyst, Contracts

Wood Dale, IL · On-site

$75K - $90K/yr

Independently analyze and respond to solicitations and contract awards for products issued through DLA's Internet Bid Board System (DIBBS) and other procurement platforms * Lead negotiation on price ...

Manager, Payer Contract Analytics

Mettawa, IL · On-site

$79K - $95K/yr

As an individual contributor of the Payer Contract Analytics team, you will greatly influence securing market access across all therapeutic areas and payer channels by executing contracting ...

As an individual contributor of the Payer Contract Analytics team, you will greatly influence securing market access across all therapeutic areas and payer channels by executing contracting ...

Manager, Payer Contract Analytics

Mettawa, IL · On-site

$79K - $95K/yr

As an individual contributor of the Payer Contract Analytics team, you will greatly influence securing market access across all therapeutic areas and payer channels by executing contracting ...

As an individual contributor of the Payer Contract Analytics team, you will greatly influence securing market access across all therapeutic areas and payer channels by executing contracting ...

Requires intermediate analytical and quantitative skills. OTHER SKILLS and ABILITIES Intermediate skills with Microsoft Office Suite. Ability to achieve working level skills in either a contracts ...

Description The Legal Department Contract Analyst supports the Law Department's contracting functions, including contract review for compliance with company standards, contract management, database ...

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Contract Analyst information

See Elgin, IL salary details

$39K

$75K

$115.7K

How much do contract analyst jobs pay per year?

As of Aug 23, 2026, the average yearly pay for contract analyst in Elgin, IL is $75,012.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,200.00 and $82,500.00 per year, depending on experience, location, and employer.

What is a contract analyst?

A contract analyst handles legal and financial agreements between companies or individuals. As a contract analyst, your job is to review business contracts to make sure that the terms are clear and equitable. Your duties include negotiating terms on your company’s behalf with the other party, analyzing each clause to understand the legal implications, drafting contracts, and presenting contractual agreements to management for approval. The qualifications for a career as a contract analyst are a bachelor’s degree in accounting, finance, or a relevant field and experience working with contracts. Some employers may require a law degree with a focus in contract law.

What are some common challenges faced by contract analysts when reviewing and negotiating contracts?

Contract Analysts often encounter challenges such as interpreting complex legal language, ensuring compliance with company policies and regulations, and balancing the interests of multiple stakeholders. They must pay close attention to detail to identify potential risks or unfavorable terms. Effective communication and negotiation skills are essential, as analysts frequently collaborate with legal teams, procurement, and external vendors to resolve ambiguities and reach mutually beneficial agreements.

What are the key skills and qualifications needed to thrive as a contract analyst, and why are they important?

To thrive as a Contract Analyst, you need a strong background in contract law, document analysis, and risk assessment, typically supported by a bachelor’s degree in business, law, or a related field. Familiarity with contract management systems, Microsoft Office Suite, and sometimes certifications like Certified Commercial Contracts Manager (CCCM) are commonly required. Attention to detail, negotiation skills, and effective communication set outstanding analysts apart. These competencies ensure accurate contract evaluation, compliance, and successful negotiation, which are vital to protecting organizational interests.

What is the difference between Contract Analyst vs Contract Specialist?

AspectContract AnalystContract Specialist
Required CredentialsBachelor's degree, certifications like CCAP or CPCM often preferredBachelor's degree, similar certifications often required
Work EnvironmentCorporate, government, or consulting firms handling contract analysisLegal, procurement, or contracting departments within organizations
Employer & Industry UsageUsed across industries for analyzing contract terms and risksCommonly employed in procurement and legal teams for contract management
Search & Comparison IntentHigh overlap in analyzing and reviewing contractsFocuses more on contract creation and management

While both roles involve working with contracts, a Contract Analyst primarily reviews and analyzes contract terms to assess risks and compliance. In contrast, a Contract Specialist often manages the entire contract lifecycle, including drafting and negotiations. Understanding these differences helps in choosing the right career path or job search focus.

How much do contract analysts make in the US?

Contract analysts in the US typically earn a median annual salary of around $65,000 to $75,000, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts with certifications can earn over $90,000 annually.

What degree do you need to be a contract analyst?

A contract analyst typically needs at least a bachelor's degree in fields such as business, finance, law, or a related discipline. Relevant skills include strong analytical abilities, knowledge of contract law, and proficiency with contract management software; some roles may prefer or require a master's degree or professional certifications like Certified Commercial Contracts Manager (CCCM).

What are the most commonly searched types of Analyst jobs in Elgin, IL?

The most popular types of Analyst jobs in Elgin, IL are:

What cities near Elgin, IL are hiring for Contract Analyst jobs?

Cities near Elgin, IL with the most Contract Analyst job openings:

Infographic showing various Contract Analyst job openings in Elgin, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 89% In-person, and 11% Hybrid job distribution, with an average salary of $75,012 per year, or $36.1 per hour.

$70K - $75K/yr

Full-time

Medical, Dental, Vision, Life, PTO

Re-posted 7 days ago


Job description


POSITION SUMMARY
The Contract Analyst contributes to the overall development and implementation of Resident Services contracts and supports the Contract Manager to conduct pre-award and post-award contract and grant administration activities, including procurement of goods and services, Board of Commissioners approval requests, monitoring and closeout. The Contract Analyst provides support for multiple contract types including Professional Service Agreements, Intergovernmental Agreements, Commensurate Benefit Agreements, Memorandums of Understanding and Grant Agreements. The Contract Analyst conducts overall monitoring of Resident Services programs, contractors and partners, which includes contractor/program performance outcome analysis. The Contract Analyst conducts on-site and off-site monitoring reviews to ensure contractors, vendors and partners are effectively implementing programs and services in accordance with terms, conditions, specifications and guidelines of contracts/agreements.
DUTIES AND RESPONSIBILITIES
  • Assists in all phases of pre and post award contract administration for Resident Services (e.g. new procurements, Board of Commissioners approval requests, internal requests for contract amendments, contract exhibits, cost analysis and cost estimates, purchase requisition and payment, grant and contract close-out and termination/corrective action memos).
  • Completes market research related to anticipated goods and services to be procured.
  • Completes analysis of projected costs and historical costs related to goods and services.
  • Assists with reconciliation of expenditures, revenue and contract and grant closeout.
  • Assists with organizing and reviewing documents for financial and performance audits.
  • Process vendor payments and prepare monthly expense accruals as necessary.
  • Analyze operating budgets and budget variances by reviewing various financial reports, such as a trial balance, to identify trends and proper expense allocation.
  • Analyze purchase order balances by keeping track of expenditures.
  • Ensures data entry is completed in the designated repository.
  • Ensures contracts and related documents (e.g. performance reports, budgets, amendment requests, etc.) are received, saved, and well organized.
  • Maintains full understanding of contract requirements, program procedures and intended outcomes.
  • Collects and analyzes data related to contractor/partner performance, expenditures, and leveraged resources and other contract requirements.
  • Tracks contractor/partner corrective action plan progress; conducts follow up internal meetings and monitoring site visits, as needed to provide contractor/partner technical assistance to ensure implementation of the corrective action. Local travel to off-site locations is required.
  • Other tasks as assigned by Manager or Resident Services senior management.
  • Collaborates with other departments and responds effectively to internal and external requests.
  • Manages and prioritizes multiple projects simultaneously and responds to change in a professional manner.
  • This position may be asked to handle tasks outside of job description to meet broader goals of CHA and Resident Services.
  • This position occasionally requires working hours outside of CHA's established hours of 8:30am - 5:00pm Monday-Friday
  • This position may be eligible for telework up to two days per week following successful probationary period.

QUALIFICATIONS
A Bachelor's Degree in Business Administration, Finance or a related discipline is required. This position also requires a minimum of two (2) years of contract management, audit, analyst, or finance experience. A combination of education and related work experience will be considered. Effective communication skills (written and verbal) and the ability to work with a diverse staff of professional employees to coordinate the completion of assignments and effectively communicate project deliverables is required. Proficiency in Microsoft Office with strong Excel and Word skills is required; an exercise in both Excel and Word will be required during the interview process. This position requires the ability to choose the right mathematical methods or formulas to analyze financial and performance data. Strong analytical and organizational skills are needed. This position requires the ability to apply general rules/procedures to specific problems to produce logical answers and well-organized project deliverables using Microsoft Excel and Word. Knowledge of HUD or other regulations related to procurement development, contract administration and grant administration is helpful.
BENEFITS AT-A-GLANCE
  • Vacation, Sick and Personal, competitive PTO package
  • Medical (HMO, PPO, and No employee cost High-Deductible PPO) Dental, Vision, and Life Insurance
  • Short-Term and Long-Term Disability Insurance
  • Long-Term Care Insurance
  • Pet Insurance
  • Parking Transit
  • Prepaid Legal Services
  • Brightstar 529 College Savings Plan
  • Identity Theft Protection
  • Hospital Indemnity Insurance
  • Voluntary Critical Illness Insurance
  • Deferred Compensation Plan: Empower 457/401(a) with a 3% employer match
  • Pension Plan: CHA makes contributions on behalf of the employee, along with the employee's 3% contribution; 100% vesting occurs after 6 years of continuous employment or opt-out of CHA's Retirement Plan and continues to participate in the Municipal Employees Annuity and Benefit Fund of Chicago
  • Hybrid work schedule (position specific) This position may be eligible for remote work following a successful completion of a 90-day probationary period according to CHA's established policies and procedures.

Salary Range: $70,000 - $75,000
Grade: S6
FLSA: Exempt
Union: None
"Applications will be accepted for 30 days from the date of posting. However, the position may be closed at any point if a sufficient number of qualified applications are received."