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Contract Risk Jobs in Torrington, CT (NOW HIRING)

Trinity College Dublin

Director of Procurement

Hartford, CT · On-site

$100K - $125K/yr

Works closely with Risk Management on strategic sourcing; ensures alignment between contract development process and procurement. * Performs audits of vendor contracts, purchasing card transactions ...

Munich Re

Program Business Development Manager

Hartford, CT · On-site

  • Medical

  • Life

  • Retirement

  • PTO

HSB, a Munich Re company, is a specialty insurer and risk solutions provider known for its industry ... contract execution. * Coordinate program placement with Client Integration Teams for our white ...

Munich Re

Program Business Development Manager

Hartford, CT · Remote

  • Medical

  • Life

  • Retirement

  • PTO

HSB, a Munich Re company, is a specialty insurer and risk solutions provider known for its industry ... contract execution. * Coordinate program placement with Client Integration Teams for our white ...

Munich RE

Program Business Development Manager

Hartford, CT · On-site

  • Medical

  • Life

  • Retirement

  • PTO

HSB, a Munich Re company, is a specialty insurer and risk solutions provider known for its industry ... contract execution. * Coordinate program placement with Client Integration Teams for our white ...

Barnes Group

Mgr, Maintenance II

East Hartford, CT · On-site

Risk Management: Lead hazard identification, risk assessments, and implementation of safe systems ... Oversee maintenance schedules, service contracts, and lifecycle planning for equipment and ...

ebm-papst Inc.

Metals Commodity Manager

Farmington, CT · On-site

$100K - $110K/yr

Conduct supplier negotiations for pricing, contracts, lead times, and service agreements. * Manage ... Risk Management * Monitor geopolitical, economic, and supply-chain risks affecting metal markets.

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Contract Risk information

See Torrington, CT salary details

$14

$29

$73

How much do contract risk jobs pay per hour?

As of Aug 20, 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:

Contract Risk jobs near you
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.

Counsel, Commercial Transactions - Technology & AI Contracting

The Hartford

Hartford, CT • On-site

$111K - $166K/yr

Full-time

Re-posted 22 days ago

The Hartford rating

8.8

Company rating: 8.8 out of 10

Based on 121 frontline employees who took The Breakroom Quiz

56th of 310 rated insurance

Job description

Counsel - LA07AE

We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.

The Commercial Transactions Law Unit is seeking a transactional attorney to support enterprise contracting, with a focus on technology and commercial agreements (including data, cloud services, professional services, software/SaaS, outsourcing) and procurement of AI-enabled tools and services.


This role partners closely with Strategic Sourcing & Procurement and other stakeholders to enable efficient sourcing outcomes while ensuring appropriate contracting risk controls.

This role will have a Hybrid work arrangement, with the expectation of working in an office (Hartford, CT) 3 days a week (Tuesday through Thursday).

Key Responsibilities

  • Draft, review, and negotiate technology and commercial agreements, including cloud, SaaS/software, professional services, outsourcing, and data-related arrangements.
  • Partner with Procurement on sourcing-related contracting and lifecycle activity (e.g., new agreements, renewals, amendments, escalations), consistent with enterprise procurement requirements.
  • Support contracting for AI-enabled vendor offerings by identifying AI/ML/GenAI functionality and ensuring appropriate contractual protections are incorporated when warranted.
  • Contribute to and help maintain internal contracting enablement materials (templates, playbooks, preferred language, and guidance) to improve consistency and efficiency.
  • Contract tool enablement: Build familiarity with contract template and contract review/compare software and apply these tools to improve contracting workflows and knowledge management.
  • Potential SME scope: Serve as (or develop into) a subject matter resource for managing the team's contract resources, including template governance, clause libraries, versioning/precedent organization, and related process improvements.

Qualifications (Required)

  • J.D. from an accredited law school and active bar membership in at least one U.S. jurisdiction.
  • Demonstrated experience drafting and negotiating technology/commercial contracts (e.g., SaaS/software, cloud, professional services, outsourcing, and/or data agreements).
  • Strong judgment, negotiation skills, and ability to translate legal issues into practical, business-focused guidance.
  • Experience operating in areas of legal uncertainty to help business navigate emerging areas of risk and opportunities.

Qualifications (Preferred)

  • In-house or law firm experience partnering with Procurement/Strategic Sourcing on enterprise vendor negotiations and contracting processes.
  • Familiarity with AI-related contracting considerations and approaches for when vendors use AI in providing software/services.
  • Interest or experience supporting contracting technology initiatives (e.g., CLM, contract comparison/review tools, template automation, internal clause repositories).
  • Demonstrated ability to collaborate, influence, and communicate effectively in cross functional, matrixed environments involving business, technology and risk governors.

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$111,200 - $166,800

Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

About Us|Our Culture|What It's Like to Work Here|Perks & Benefits

What The Hartford employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Hartford logo

About Hartford

Sourced by ZipRecruiter

Hartford Financial Services Group, widely recognized as The Hartford, is a renowned company based in Hartford, CT, US. Established in 1810, it has evolved into an industry leader in the insurance and financial services sector, proudly serving more than one million businesses in the US. The Hartford is committed to offering a gamut of insurance products that include homeowners, automobile, and business insurance as well as employee benefits and mutual funds. The company’s core values revolve around customer-focused innovations, diversity and inclusion, and ethical dealings that have earned them a customer-centric reputation. This shapes their mission which revolves around aiding their clients to overcome unforeseen obstacles and enhancing their wealth over time. Among the company's noted accomplishments is being consistently listed among the World's Most Ethical Companies, a testament to their unwavering commitment towards responsible business practices.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Hartford, CT, US

Year founded

1810

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