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Contract Risk Jobs in Michigan (NOW HIRING)

Simon Group Holdings

Sr. Corporate Counsel

Birmingham, MI · On-site

$110 - $180/hr

Provide hands‑on legal advice regarding customer, supplier, and vendor negotiations, strategies, and contract risk mitigation. * Draft and negotiate commercial contracts with customers, suppliers ...

First National Bank of America

Risk Analyst

East Lansing, MI

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

The Risk Analyst role requires above-average attention to detail, a strong commitment to accuracy ... Maintaining contracts, business continuity plans, insurance certificates, audit reports, and other ...

First National Bank of America

Risk Analyst

East Lansing, MI · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

The Risk Analyst role requires above-average attention to detail, a strong commitment to accuracy ... Maintaining contracts, business continuity plans, insurance certificates, audit reports, and other ...

RSM

Strategic Sourcing Contracts Manager

Detroit, MI · On-site

$500K/yr

Interact with RSM leaders to ensure contract language meets operational objectives, provide status updates, and prepare contract risk summaries. Additionally, coach LOB and functional leaders on ...

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Contract Risk information

What is contract risk?

Contract risk refers to the potential for financial loss, legal exposure, or operational issues arising from the terms, execution, or management of contracts between parties. This can include risks such as non-performance, ambiguous clauses, regulatory non-compliance, and disputes over contract obligations. Identifying and managing contract risk is essential for organizations to safeguard their interests and ensure smooth business operations. Contract risk professionals assess agreements for potential pitfalls and develop strategies to minimize or mitigate these risks.

What are some common challenges faced by professionals in contract risk roles, and how can they be addressed?

Professionals in Contract Risk roles often encounter challenges such as navigating ambiguous contract language, managing tight deadlines for risk assessments, and ensuring coordination between legal, compliance, and business teams. Addressing these challenges typically involves developing strong communication skills, utilizing risk management tools, and staying updated on regulatory changes. Building collaborative relationships across departments and participating in ongoing training can also help contract risk professionals effectively mitigate risks and add value to their organizations.

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

To thrive as a Contract Risk professional, you need strong knowledge of contract law, risk assessment, and compliance, usually supported by a degree in law, business, or a related field. Familiarity with contract management software, risk analysis tools, and regulatory frameworks is essential. Exceptional attention to detail, negotiation skills, and the ability to communicate complex concepts clearly are vital soft skills. These competencies help ensure that organizations identify, mitigate, and manage contractual risks effectively, protecting their interests and maintaining regulatory compliance.

What is the difference between Contract Risk vs Contract Administrator?

AspectContract RiskContract Administrator
Primary FocusIdentifying and mitigating contractual risksManaging contract documentation and execution
Required CredentialsLegal or risk management background, certifications in risk managementLegal, administrative, or contract management experience
Work EnvironmentRisk departments, legal teams, project managementContract departments, procurement, project teams

Contract Risk professionals focus on analyzing and reducing contractual risks before and during contract execution, often working closely with legal and risk management teams. Contract Administrators handle the day-to-day management of contracts, ensuring compliance, documentation, and timely execution. While both roles require understanding contracts, Contract Risk emphasizes risk mitigation strategies, whereas Contract Administrators focus on contract administration and operational tasks.

What are the most commonly searched types of Risk jobs in Michigan?

The most popular types of Risk jobs in Michigan are:

Contract Risk jobs near you
Infographic showing various Contract Risk job openings in Michigan as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 10% Part Time, 2% Temporary, 3% Contract, and 1% Nights. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution.

Enterprise Risk Management & Insurance Manager (Days)

MedlinkHealth Anesthesia

Grand Blanc, MI • On-site

$60 - $65/hr

Temporary

Posted 20 days ago

Job description

Corporate Insurance & Risk Management – Job Summary:
The Corporate Insurance & Risk Management professional is responsible for overseeing the organization's enterprise insurance and risk financing programs. Key responsibilities include managing commercial property and casualty insurance, workers' compensation, claims management, insurance procurement, contract risk transfer, policy analysis, insurance compliance, regulatory reporting, premium audits, and collaborating with brokers, insurers, legal counsel, and leadership to minimize organizational risk and optimize financial protection.

Requirements:
  • Bachelor's degree in Business Administration, Accounting, Insurance, Risk Management, or a related field (required).
  • Minimum of 7 years of professional experience in risk management or commercial insurance/brokerage.
  • Experience with claims oversight and settlement.
  • Advanced knowledge of commercial insurance, underwriting, coverage analysis, risk financing, actuarial methods, and loss control activities.

Preferred Qualifications:
  • Chartered Property Casualty Underwriter (CPCU) designation.
  • Chartered Financial Consultant (ChFC) designation.
  • Juris Doctor (JD) degree from an accredited law school (active license not required).