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Contract Risk Jobs in Texas (NOW HIRING)

Participate in Crane contract risk monthly reviews. * Ensure compliance with all government regulations applicable to US government contracts. May be required to perform duties related to government ...

Contracts Manager

The Woodlands, TX ยท On-site

$123K - $160K/yr

Participate in Crane contract risk monthly reviews. * Ensure compliance with all government regulations applicable to US government contracts. May be required to perform duties related to government ...

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Contract Risk information

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 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 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 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 the most commonly searched types of Risk jobs in Texas? The most popular types of Risk jobs in Texas are:
Infographic showing various Contract Risk job openings in Texas as of June 2026, with employment types broken down into 73% Full Time, 24% Part Time, 1% Temporary, 1% Contract, and 1% Nights. Highlights an 82% Physical, 2% Hybrid, and 16% Remote job distribution.
Contract Risk Advisor

Contract Risk Advisor

Marsh & McLennan Companies, Inc.

Austin, TX โ€ข On-site, Remote

$61K - $129K/yr

Full-time

Medical, Retirement

Posted 3 days ago


Job description

Company:
Marsh
Description:
We are seeking a talented individual to join our Contract Advisory team at Marsh. This role is a fully remote role.
Marsh is seeking a Contract Risk Advisor to provide expert guidance on contract review, risk identification, and the negotiation of terms that protect client interests while supporting business objectives. In this role, you will collaborate closely with brokers, placement teams, legal partners, and clients to assess contractual exposures, recommend practical solutions, and help drive efficient deal execution. You will fit seamlessly with the team by bringing strong commercial judgment, clear communication, and a proactive, partnership-oriented approach that strengthens our ability to deliver consistent, high-quality advice.
We will count on you to:
  • Contract Review Guidance
  • Review the insurance section of proposed contracts for designated Marsh clients and advise insureds before they finalize agreements.
  • Act as initial reviewer for contracts sent by clients and client teams
  • Determine which lines of coverage are involved in the contract
  • Compare contract requirements against policy or policies
  • Determine if the insured has proper coverage, limits of liability, and verification of legal compliance with the Client's Insurance Program
  • In some instances, the request is forwarded to the appropriate Marsh colleague for further review
  • Occasionally, the Contract Risk Advisor is required to make a recommendation to the client to make updates to the policy to align with the contracts' requirements.
  • Provide guidance to Certificate team on certificates issued in connection with client contract insurance requirements, where needed.

What you need to have:
  • College degree or equivalent work experience
  • 3-5 years of insurance, financial services, or related industry experience (claims management, client management, contract review or processing, commercial lines underwriting, policy placement, Surplus Lines)
  • P&C license or the ability to obtain a P&C license within 60 days of hire
  • Proficiency in Microsoft Office tools Outlook, Word, PowerPoint and Excel
  • Excellent organization skills ability to prioritize work and meet deadlines
  • Skilled at navigating complex and difficult scenarios and providing guidance
  • Ability to work autonomously and make sound business decisions
  • Talent for research and the ability to communicate findings to stakeholders
  • Clear and concise oral and written communication skills
  • Outstanding interpersonal skills ability to work within a team and with colleagues at all levels

What makes you stand out?
  • Paralegal or legal experience or certification and/or Insurance Professional Designations
  • Artificial Intelligence knowledge and experience applying on the job.

Why join our team:
  • We help you be your best through professional development opportunities, interesting work and supportive leaders.
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh Risk is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Marsh Risk, visit marsh.com, or follow us on LinkedIn and X.
Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@marsh.com.
The applicable base salary range for this role is $61,000 to $129,900.
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.
Applications will be accepted until:
July 26, 2026