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Contract Insurance Jobs in Elgin, IL (NOW HIRING)

Chicago Housing Authority

Contract Analyst

Chicago, IL · On-site

$70K - $75K/yr

The Contract Analyst provides support for multiple contract types including Professional Service ... Pet Insurance * Parking Transit * Prepaid Legal Services * Brightstar 529 College Savings Plan

Chicago Housing Authority

Contract Analyst

Chicago, IL · Hybrid

$71K - $86K/yr

The Contract Analyst provides support for multiple contract types including Professional Service ... Pet Insurance * Parking Transit * Prepaid Legal Services * Brightstar 529 College Savings Plan

TREW LLC

Contract Manager

Chicago, IL · On-site

$75 - $95/hr

Support negotiation of contract terms in coordination with the Legal Department, ensuring alignment with company risk tolerance, insurance requirements, and standard and fallback positions. Maintain ...

Sargent Lundy

Contract Specialist

Chicago, IL · On-site

$75 - $115/hr

Bachelor's degree required, preferably in business, insurance, engineering, law, or a related field. * Minimum of 5 years of experience drafting, negotiating, analyzing, and interpreting contract ...

Freseniusglobal

Contract Coordinator

Lake Zurich, IL · Hybrid

$25 - $27.50/hr

Job Summary Responsible for assisting the Commercial Operations Team with a variety of contract ... life insurance, disability,401K with company contribution, andwellness program. Please note that ...

Prolift Rigging

Contracts Administrator

Chicago, IL · On-site

$75K - $85K/yr

Provide guidance regarding contract requirements, risk allocation, insurance obligations, and compliance matters. * Identify opportunities to improve contract processes, workflows, reporting, and ...

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All JobsContract Insurance JobsContract Insurance Jobs in Elgin, IL

Contract Insurance information

See Elgin, IL salary details

$11

$29

$65

How much do contract insurance jobs pay per hour?

As of Sep 5, 2026, the average hourly pay for contract insurance in Elgin, IL is $29.21, according to ZipRecruiter salary data. Most workers in this role earn between $17.58 and $30.71 per hour, depending on experience, location, and employer.

What is contract insurance?

Contract insurance is a type of insurance policy designed to protect parties involved in a contractual agreement from financial losses due to specific risks outlined in the contract. This coverage typically addresses issues such as non-performance, damage, or loss that may occur during the execution of a contract. Businesses often use contract insurance to manage risks and ensure all parties fulfill their obligations. It can be customized depending on the nature of the contract and the potential risks involved. Contract insurance provides peace of mind and financial protection for both contractors and clients.

What are the key skills and qualifications needed to thrive as a contract insurance specialist?

To thrive as a Contract Insurance Specialist, you need in-depth knowledge of insurance policies, risk assessment, and contract law, often supported by a bachelor’s degree in business, finance, or a related field. Familiarity with insurance management software, policy administration systems, and relevant certifications such as CPCU or ARM is highly beneficial. Exceptional attention to detail, negotiation skills, and strong interpersonal communication set top performers apart in this field. These skills ensure accurate policy management, effective risk mitigation, and successful client relationships in a complex regulatory environment.

What are some common challenges faced by professionals working in contract insurance roles?

Professionals in contract insurance often navigate complex policy language, ensuring that contracts accurately reflect coverage needs and compliance requirements. Managing multiple clients or projects simultaneously can be demanding, especially when addressing unique risk exposures or negotiating terms with underwriters. Additionally, staying current with changing regulations and industry standards is essential for mitigating potential liabilities and providing reliable guidance. Strong attention to detail and clear communication with both clients and other stakeholders are crucial to overcoming these challenges.

What is the difference between Contract Insurance vs Insurance Agent?

AspectContract InsuranceInsurance Agent
CredentialsTypically requires licensing and insurance-specific certificationsRequires licensing and often ongoing training
Work EnvironmentUsually project-based, working with clients or companies on specific contractsOffice or field-based, selling and advising clients on policies
Employer & IndustryInsurance companies, brokers, or agenciesInsurance agencies, brokerages, or direct companies
Search & Comparison IntentUnderstanding contractual roles in insuranceSeeking insurance sales or advisory careers

Contract Insurance professionals focus on providing insurance services through specific contracts, often working on a project basis. Insurance Agents, on the other hand, sell and advise clients on insurance policies, typically working within agencies or brokerages. While both roles require licensing and industry knowledge, their work environments and career paths differ.

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

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

What are popular job titles related to Contract Insurance jobs in Elgin, IL?

For Contract Insurance jobs in Elgin, IL, the most frequently searched job titles are:

What job categories do people searching Contract Insurance jobs in Elgin, IL look for?

The top searched job categories for Contract Insurance jobs in Elgin, IL are:

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

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

Contract Insurance jobs near you
Infographic showing various Contract Insurance job openings in Elgin, IL as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 20% Part Time, and 5% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $60,761 per year, or $29.2 per hour.

Contract Analyst

Chicago Housing Authority

Chicago, IL • On-site

$70K - $75K/yr

Full-time

Medical, Dental, Vision, Life, PTO

Re-posted 20 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."

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