ZipRecruiter

Log In

1

Credit Risk Contract Jobs in Chicago, IL (NOW HIRING)

Brookfield

VP, Ceded Reinsurance

Chicago, IL

$214K - $257K/yr

Counterparty oversight: manage reinsurance credit risk by ensuring all participating reinsurers ... to contract structuring and pricing * Interpersonal skills: exceptional negotiation and ...

Berkley

Contract Surety Manager

Chicago, IL · On-site

Banking or Credit Analysis background is a plus Qualifications: Include necessary skills/experience ... risk assessment conclusions. * Effective oral and written communication skills with the ability to ...

Berkley

Contract Surety Manager

Chicago, IL · On-site

Banking or Credit Analysis background is a plus Qualifications: Include necessary skills/experience ... risk assessment conclusions. * Effective oral and written communication skills with the ability to ...

Berkley

Contract Surety Manager

Chicago, IL · On-site

Banking or Credit Analysis background is a plus Qualifications: Include necessary skills/experience ... risk assessment conclusions. * Effective oral and written communication skills with the ability to ...

Meta

Energy Portfolio Manager, Wholesale

Chicago, IL

$160K/yr

Manage contract amendments, collateral requirements, credit provisions, force majeure claims, and ... Experience with energy risk management frameworks, including mark-to-market tracking and position ...

previous page

Showing results 41-60

All JobsCredit Risk Contract JobsCredit Risk Contract Jobs in Chicago, IL

Credit Risk Contract information

See Chicago, IL salary details

$51.5K

$112.6K

$188.5K

How much do credit risk contract jobs pay per year?

As of Aug 7, 2026, the average yearly pay for credit risk contract in Chicago, IL is $112,609.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,300.00 and $146,300.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the credit risk contract position?

To thrive in a Credit Risk Contract role, candidates should possess strong analytical skills, a background in finance or economics, and experience in credit risk assessment methodologies. Familiarity with risk modeling tools, credit rating systems, and software such as SAS, SQL, or Excel is often required, with certifications like FRM or CFA being advantageous. Excellent attention to detail, effective communication, and the ability to work independently or in cross-functional teams set top performers apart. These competencies ensure accurate risk evaluation, compliance with banking regulations, and sound decision-making in managing organizational credit exposure.

What are some common challenges faced in a credit risk contract role and how can they be managed?

Professionals in Credit Risk Contract positions often encounter shifting market conditions, regulatory changes, and diverse credit portfolios that require ongoing analysis and adaptation. Managing large volumes of complex financial data while meeting tight deadlines can be demanding. Staying proactive by keeping up-to-date with industry trends and regulatory requirements helps mitigate these challenges. Building strong collaborative relationships with stakeholders in lending, compliance, and business teams also plays a crucial role in addressing and solving risk-related issues efficiently.

What is a credit risk contract?

A Credit Risk Contract job involves assessing and managing the potential risks associated with lending and credit transactions, typically on a temporary or project basis. Professionals in this role analyze financial data, evaluate creditworthiness, and develop risk mitigation strategies to protect the organization from potential losses. They may work with banks, financial institutions, or corporations to ensure compliance with regulations and internal risk policies. This role often requires strong analytical skills, experience in credit risk assessment, and proficiency in financial modeling or risk management tools.

What are the most commonly searched types of Credit Risk jobs in Chicago, IL? The most popular types of Credit Risk jobs in Chicago, IL are:
What are popular job titles related to Credit Risk Contract jobs in Chicago, IL? For Credit Risk Contract jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Credit Risk Contract jobs in Chicago, IL look for? The top searched job categories for Credit Risk Contract jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Credit Risk Contract jobs? Cities near Chicago, IL with the most Credit Risk Contract job openings:
Credit Risk Contract jobs near you

VP, Ceded Reinsurance

American National Insurance Company

Chicago, IL • On-site

$214K - $257K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 21 days ago

American National Insurance rating

7.4

Company rating: 7.4 out of 10

Based on 16 frontline employees who took The Breakroom Quiz

225th of 303 rated insurance

Job description

Company
Shared Services
Argo and Farm Family are specialty property and casualty insurance brands whose underwriting companies are wholly-owned subsidaries of Clearbrook Holdings Inc. Argo and Farm Family partner with agents and brokers to provide insurance solutions that enable businesses to manage risks with confidence.
Job Description
The VP, Ceded Reinsurance leads the end-to-end execution of outwards treaty reinsurance placements for Clearbrook Group Holdings, Inc. across all property and casualty lines. This role is a strategic partner to the business, supporting the unique needs of Argo Casualty, Argo Specialty, Farm Family, and Runoff segments. You will be responsible for structuring complex reinsurance programs, managing global broker and reinsurer relationships, and ensuring the group's capital and balance sheet interests are protected through robust risk transfer strategies.
Placement Strategy + Execution
  • End-to-end placement: lead the lifecycle of multiple annual treaty placements, from initial structure proposals and timeline management to final negotiation and execution
  • Marketing leadership: direct the preparation of comprehensive external submissions for the global reinsurance market
  • Cross-functional collaboration: act as the primary liaison between underwriting, claims, actuarial, capital modeling, exposure management, finance, and group legal to ensure cohesive placement objectives are met
  • Market negotiation: drive negotiations with intermediaries and reinsurers to secure optimal terms, conditions, and pricing

Executive Communication + Reporting
  • Committee leadership: present strategic updates and placement outcomes to the Reinsurance Committee (including the CEO, CFO, and CRO)
  • Strategic advisory: keep senior leadership apprised of market developments, potential program risks, and balance sheet impacts

Contractual + Regulatory Governance
  • Document integrity: own the accuracy of timely delivery of all contractual documentation, including placement slips, cover notes, endorsements, and special acceptances
  • Compliance: ensure 100% adherence to internal and regulatory timeframes, including FAS113 documentation and SOX compliance
  • Wording excellence: continuously review and refine treaty wording to ensure "best-in-class" protection and clarity across all segments

Risk Management + Special Projects
  • Counterparty oversight: manage reinsurance credit risk by ensuring all participating reinsurers meet group security standards
  • Strategic analysis: conduct ad-hoc analysis on capital impacts and support special projects, including M&A due diligence and the development of new, innovative reinsurance structures
  • Relationship management: manage high-level broker RFPs and maintain strategic long-term partnerships with key global reinsurers

Leadership + Team Development
  • Mentorship: directly manage and develop junior associates, fostering a high-performance culture and technical growth within the team
  • Resource planning: analyze future resource needs to support the evolving ceded reinsurance function

Qualifications + Experience
  • Experience: minimum 10+ years of progressive experience in Reinsurance (broking, underwriting, or buying/ceded)
  • Technical knowledge: deep understanding of insurance, reinsurance, and actuarial principles as they relate to contract structuring and pricing
  • Interpersonal skills: exceptional negotiation and communication skills; ability to influence senior executives and global stakeholders
  • Operational excellence: high attention to detail with the ability to manage complex, quantitative tasks under tight deadlines
  • Technical savvy: proficiency in working with diverse departments such as exposure management, capital modeling, and finance
  • Flexibility: ability to travel globally and work outside standard office hours to meet the demands of global market cycles

Base Salary Range for All Markets: $214,302.00 - $257,142.00
PLEASE NOTE:
Applicants must be legally authorized to work in the United States. At this time, we are not able to sponsor or assume sponsorship of employment visas.
If you have a disability under the Americans with Disabilities Act or similar state or local law and you wish to discuss potential reasonable accommodations related to applying for employment with us, please contact our Benefits Department at 210-321-8400.
Notice to Recruitment Agencies:
Resumes submitted for this or any other position without prior authorization from Human Resources will be considered unsolicited. BWS and / or its affiliates will not be responsible for any fees associated with unsolicited submissions.
We are an Equal Opportunity Employer. We do not discriminate on the basis of age, ancestry, color, gender, gender expression, gender identity, genetic information, marital status, national origin or citizenship (including language use restrictions), denial of family and medical care leave, disability (mental and physical) , including HIV and AIDS, medical condition (including cancer and genetic characteristics), race, religious creed (including religious dress and grooming practices), sex (including pregnancy, child birth, breastfeeding, and medical conditions related to pregnancy, child birth or breastfeeding), sexual orientation, military or veteran status, or other status protected by laws or regulations in the locations where we operate. We do not tolerate discrimination or harassment based on any of these characteristics.
The collection of your personal information is subject to our HR Privacy Notice
Benefits and Compensation
We offer a competitive compensation package, performance-based incentives, and a comprehensive benefits program-including health, dental, vision, 401(k) with company match, paid time off, and professional development opportunities.

What American National Insurance employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply