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Contract Risk Jobs in Torrington, CT (NOW HIRING)

Davies Risk Services is an industry leader and premier provider of premium audit and loss control ... contract. * Individually scheduling appointments with clients to conduct the premium audit and ...

Director, Treasury

Hartford, CT ยท On-site

$170K - $200K/yr

This role partners closely with Finance, Investments, Risk Management, Actuarial, Corporate ... contracts. * Evaluate banking performance, pricing structures, and service levels. * Lead periodic ...

Showing results 21-40

Contract Risk information

See Torrington, CT salary details

$14

$29

$73

How much do contract risk jobs pay per hour?

As of Aug 21, 2026, the average hourly pay for contract risk in Torrington, CT is $29.95, according to ZipRecruiter salary data. Most workers in this role earn between $19.23 and $38.22 per hour, depending on experience, location, and employer.

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 Torrington, CT?

The most popular types of Risk jobs in Torrington, CT are:

What cities near Torrington, CT are hiring for Contract Risk jobs?

Cities near Torrington, CT with the most Contract Risk job openings:

Infographic showing various Contract Risk job openings in Torrington, CT as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 12% Part Time, and 3% Contract. Highlights an 86% Physical, 5% Hybrid, and 9% Remote job distribution, with an average salary of $62,287 per year, or $29.9 per hour.

Phone Premium Auditor

Davies Risk Services

Cheshire, CT โ€ข Remote

Contractor

Re-posted 6 days ago


Job description


Remote Workers Wanted!  

Are you looking for professional work you can do from your home office?  Something that will allow you to set your own schedule and have greater flexibility in your work life?  Do you need a job that is mobile, something you can take with you if you move?  If you answered yes to any of these questions, we encourage you to check out the rest of this posting! 
Our Phone Premium Auditors work exclusively from home and come from various backgrounds.  This is the perfect job for those who are looking for something they can do from home while the kids are at school, or that military spouse who moves around a lot and needs a job they can take with them.  If you are inquisitive, professional, driven & self-directed; and you love numbers, spreadsheets, and working with all different types of people – then premium auditing just might be your calling! 
Davies Risk Services is an industry leader and premier provider of premium audit and loss control services!  Celebrating 30+ years in business, we owe our success to our talented auditors who perform our work. 
Our core values are simple; We are Connected - We are Dynamic
We are Innovative - We Succeed Together!
Why Partner with Davies?

  • Grow a business for yourself and take control of your own destiny! 
  • Manage your own schedule and work out of your home office
  • You determine how much work you take from us and manage your volume
  • Learn a valuable, highly marketable trade in a growing industry! 
What does a Phone Premium Auditor do? 
Our Phone Auditors work with the policyholder via phone/email, usually at the end of the policy period to conduct a review of business operations, specific financial records such as payroll, sales and/or cost records, and to verify class codes assigned per industry and client standards as required by their insurance contract.  
  • Individually scheduling appointments with clients to conduct the premium audit and obtain necessary information
  • Submitting audit reports via web-portal and Davies's exclusive premium auditing software
  • Contacting clients and communicating via phone and email
  • Examining commercial businesses’ payroll and tax records
  • Evaluating operational practices
  • Adhering to customer requirements and quality standards
  • Maintaining confidentiality and acting with integrity
Qualifications
  • Applicants must reside within the United States with the exception of California
  • Accounting or bookkeeping experience is helpful, but not required
  • Strong customer service skills
  • Numbers-oriented
  • Home office capability, inclusive of reliable home internet and a Microsoft based computer.
  • Knowledgeable of Microsoft Office, particularly Excel, Word and Outlook. 
  • Strong analytical skills
  • Ability to use deductive reasoning to find solutions


Premium Audit experience is not required!  Davies Risk Services provides best in class training, allowing entrepreneurial minded individuals the opportunity to own their own Premium Audit business and build a new career!  For more information apply today! 
**Davies Risk Services is an equal opportunity employer. All employment decisions are based on business needs, job requirements and individual qualifications, without regard to race, color, religion, gender, gender identity, age, national origin, disability, veteran status, marital status, sexual orientation, genetic information or any other status or condition protected by the laws or regulations in the locations where we operate. **
**We only consider applications submitted through our official hiring portal. We do not utilize sites like Facebook or Telegram Ap to recruit or interview potential employees or contractors. If you have been directed to provide any information through any another method other than our career portal, please email us at drsrecruiting@us.davies-group.com.**

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