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Contract Development Jobs in Chicago, IL (NOW HIRING)

Job Summary Responsible for assisting with the development of the "deal story" and individual proposals and contracts for product and service offerings for the segment and customers that are assigned.

Business Development Executive

Chicago, IL · On-site +1

$110K - $150K/yr

Responsible for contract development and negotiation. Essential Requirements: * Bachelor's degree in Computer Science, Information Technology or Business Administration. * At least 5 years of ...

Business Development Executive

Chicago, IL · On-site +1

$110K - $150K/yr

Responsible for contract development and negotiation. Essential Requirements: * Bachelor's degree in Computer Science, Information Technology or Business Administration. * At least 5 years of ...

Business Development Executive

Chicago, IL · On-site +1

$110K - $150K/yr

Responsible for contract development and negotiation. Essential Requirements: * Bachelor's degree in Computer Science, Information Technology or Business Administration. * At least 5 years of ...

Chicago, IL (Hybrid) Duration: 11+ Months Contract Interview Process: 2 Round Key Requirements: • Strong experience with Java and Spring Boot (required) • Hands-on blockchain development ...

Knowledge of public sector procurement and contract development concepts and practices. * Must possess high ethical and professional standards in all dealings with contractors. * Proficient in ...

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Contract Development information

See Chicago, IL salary details

$34K

$79.8K

$137K

How much do contract development jobs pay per year?

As of Jun 20, 2026, the average yearly pay for contract development in Chicago, IL is $79,773.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,300.00 and $93,200.00 per year, depending on experience, location, and employer.

What are some common challenges faced in a Contract Development role, and how can they be managed effectively?

Professionals in Contract Development often encounter challenges such as negotiating complex terms, ensuring compliance with changing regulations, and balancing the needs of multiple stakeholders. Successfully managing these issues requires strong communication skills, attention to detail, and the ability to stay organized under tight deadlines. Building collaborative relationships with legal, procurement, and business teams is also essential for resolving ambiguities and achieving mutually beneficial agreements.

What is the difference between Contract Development vs Contract Manufacturing?

AspectContract DevelopmentContract Manufacturing
Primary FocusDesigning and developing new products or formulationsProducing and manufacturing products based on existing designs
Required SkillsResearch, formulation, regulatory knowledgeProduction processes, quality control, equipment operation
Work EnvironmentLaboratories, R&D facilitiesManufacturing plants, production lines
Industry UsagePharmaceuticals, biotech, consumer goodsPharmaceuticals, chemicals, food industries

Contract Development involves creating new products and formulations, focusing on research and design. In contrast, Contract Manufacturing centers on producing these products at scale, emphasizing manufacturing processes and quality control. Both roles are essential in bringing products from concept to market, but they differ in scope and daily activities.

What are the key skills and qualifications needed to thrive in Contract Development, and why are they important?

To excel in Contract Development, you need expertise in contract law, negotiation, and drafting, often supported by a degree in law, business, or a related field. Familiarity with contract management systems, legal research tools, and compliance software is typically required. Strong attention to detail, analytical thinking, and effective communication help professionals craft clear agreements and manage stakeholder relationships. These skills and qualities are crucial for minimizing risk, ensuring legal compliance, and supporting successful business outcomes.

What is contract development?

Contract development refers to the process of creating, negotiating, and finalizing legal agreements between two or more parties. Professionals in contract development ensure that all terms, conditions, and obligations are clearly defined and legally enforceable. This role often involves collaborating with legal, procurement, and business teams to protect organizational interests and minimize risks. Effective contract development is crucial for successful partnerships and compliance with laws and regulations.
What are the most commonly searched types of Development jobs in Chicago, IL? The most popular types of Development jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Contract Development jobs? Cities near Chicago, IL with the most Contract Development job openings:
Infographic showing various Contract Development job openings in Chicago, IL as of June 2026, with employment types broken down into 81% Full Time, 13% Part Time, 4% Contract, and 2% Nights. Highlights an 78% Physical, 5% Hybrid, and 17% Remote job distribution, with an average salary of $79,773 per year, or $38.4 per hour.
Manager Contract Development

Manager Contract Development

Walgreens

Deerfield, IL • On-site

$102K - $164K/yr

Full-time

Posted 11 days ago


Walgreens rating

5.5

Company rating: 5.5 out of 10

Based on 2,114 frontline employees who took The Breakroom Quiz

87th of 99 rated pharmacies


Job description

Job Description
Job Summary
Responsible for assisting with the development of the "deal story" and individual proposals and contracts for product and service offerings for the segment and customers that are assigned. Develops knowledge of the accounts assigned including an understanding of account issues, strategies, contract language and actual performance and business metrics. Works closely with peers within the Contracts & Pricing Department to facilitate contract implementation, monitoring, compliance and analysis for assigned accounts and contracts.
Job Responsibilities
  • Assists Sales colleagues and participates in the joint account planning process and management activities for assigned customer segments and accounts.
  • Collaborates cross functionally with Sales, Finance and Pricing colleagues to develop, analyze and implement strategic account plans that maximize account profitability for assigned customer segments and accounts.
  • Develops specific account knowledge and understanding of contractual terms and actual performance to assist
  • Sales partners in developing and enhancing account strategies, pricing and contract language.
  • Develops and manages account proposals related to products and services for assigned customer segments and accounts.
  • Collaborates with Contract Directors to ensure consistency in all contracting efforts to ensure compliance and uniformity with company objectives and/or regulatory requirements.
  • Negotiates small to medium contracts and books of business.
  • Develops an understanding of the competitive landscape, customer issues and business strategies that affect designated accounts and contracts. Strong knowledge and understanding of departmental data, business metrics and operational processes.
  • Informs next level management of contract risks for assigned contracts. Recommends course of action to reduce/minimize risk to the organization.
  • Follows operational procedures utilizing defined methodology and approach to evaluate proposals. Ensures that the analytical framework for proposal development is adhered to and presents action oriented data for consideration to decision makers.
  • Develops proposals and contracts that comply with Divisional goals and objective as well as Corporate policies and procedures. Consults with legal as needed to draft specific contract language that meets business objectives.
  • Collaborates with Sales colleagues in the review and approval process for specific account proposals. Ensures account proposals, models and pricing are accurate and completed in accordance with defined service levels in order to meet internal and external customer timelines.
  • Presents proposals, benchmarks and strategy to governing committees as needed.
  • Ensures that Analyst(s) supporting their accounts have a knowledge and understanding of the systems, operational processes and product pricing strategies for each respective customer segment to facilitate the development of effective proposals and contracts.
About Walgreens
Founded in 1901, Walgreens (www.walgreens.com) has a storied heritage of caring for communities for generations and proudly serves nearly 9 million customers and patients each day across its approximately 8,500 stores throughout the U.S. and Puerto Rico, and leading omni channel platforms. Walgreens has approximately 220,000 team members, including nearly 90,000 healthcare service providers, and is committed to being the first choice for retail pharmacy and health services, building trusted relationships that create healthier futures for customers, patients, team members and communities.
External Basic Qualifications
  • Bachelor's Degree and at least 2 years of experience in a combination of Contracting (drafting, editing and/or negotiating a contract), Finance, Account Management, or Corporate Strategy or a High School Diploma/GED and at least 5 years of experience in a combination of Contracting (drafting, editing, and/or negotiating a contract), Finance, Account Management, or Corporate Strategy.
  • At least 2 years of experience in contract analysis and development.
  • Experience evaluating information to determine compliance with standards, laws, and regulations.
  • Experience collaborating with internal and resources to develop strategies that meet department goals within budget and established timelines.
  • Experience analyzing data to identify issues, trends, exceptions that results in improvement and finds solutions.
  • Experience developing ways of accomplishing goals with little or no supervision, depending on oneself to complete objectives and determining when escalation of issues is necessary.
  • Experience developing strategic initiatives which align with business goals and budget.
  • Experience developing and delivering presentations to various audience levels within an organization.
  • Advanced level skill in Microsoft Excel (for example: using AVERAGE function, merging and centering cells, printing centered page and/or creating a pivot table).
  • Advanced level skill in Microsoft PowerPoint (for example: changing picture styles, customizing animation and/or setting automatic slide timings).
  • Advanced level skill in Microsoft Word (for example: adding developer tab, creating a macro, formatting table style, inserting comments and/or creating a mail merge).
  • At least 1 year of direct leadership, indirect leadership and/or cross- functional team leadership.
  • Willing to travel up to 10% of the time for business purposes (within state and out of state).

Preferred Qualifications
  • Master Degree/MBA
  • Knowledge of pharmacy segments - Commercial, Medicaid, and Medicare in retail
  • Experience in pharmacy industry in areas such as Retail, PBM, Managed Care, Mail Service, and Specialty Pharmacy.
We will consider employment of qualified applicants with arrest and conviction records.
The Salary below is being provided to promote pay transparency and equal employment opportunities at Walgreens. The actual hourly salary within this range that you will be offered will depend on a variety of factors including geography, skills and abilities, education, experience and other relevant factors. This role will remain open until filled. To review benefits, please click here jobs.walgreens.com/benefits. If you are applying on a job board or unable to click on the link, please copy and paste this URL into your browser jobs.walgreens.com/benefits

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