Director, Insurance & Loss Control

Toronto, ON, Canada

Job Description


Build Your Career at Aecon

Aecon is proud to build some of the most impactful infrastructure of this generation. From the roads and transit systems that connect our communities, to the communication networks that link us from coast-to-coast, and the water infrastructure that supplies our businesses and homes. Our integral work includes constructing the pipelines that join provinces with the energy that fuels the nation, and the airports and ports that connect us all. Aecon is there, safely and building the future.

We lead the infrastructure industry with purpose, and our are at the heart of everything we do. Our business success relies on strong execution and continuous improvement - driven by the , expertise and teamwork of our employees. We are always searching the globe for exceptional candidates to join the Aecon family and be a part of our forward-thinking, innovative, best-in-class organization!

At Aecon we:

  • Ensure you and your family receive the services needed to support your mental, emotional, and physical well-being
  • Believe in helping you build your career through our Aecon University and Leadership Programs
  • Are committed to supporting and investing in inclusive work environments, through initiatives like Equity, Diversity & Inclusion training.
  • Are a leader in sustainable construction. With a strong commitment to operating responsibility by minimizing our impact on the environment and surrounding communities.
Key Responsibilities
  • Design, develop and direct the implementation of insurance and risk solutions and strategies in order to optimize operations, including placement of enterprise-wide insurance programs and continuously monitor and adjust insurance solutions to meet corporate requirements
  • Lead the negotiation and purchase of insurance policies
  • Lead and/or participate in joint venture project pursuits from inception at the RFQ phase to Substantial Completion and Operations & Maintenance period as applicable- this includes procurement of stand-alone insurance specialized insurance coverages (builders risk, wrap-up liability, project specific professional liability and annual insurance coverages as required)
  • Provide ongoing insurance expertise including claims handling, contract review, annual insurance coverages for joint venture projects where Aecon is the lead joint venture partner
  • Lead and direct the placement of insurance coverages for Aecon only project pursuits for all operations and support the project team during the construction period
  • Review and analyze owner-controlled programs and where required negotiate improved terms and conditions with Owner to protect Aecon
  • Support operations in the subcontractor prequalification process
  • Interact with operational groups to identify, understand and analyze insurable risks and potential mitigation opportunities, and ensure coordination between project activates, exposures, and appropriate insurance coverage,
  • Provide expert advice, consultation and strategic direction on insurance and loss control programs, policies, standards, guidelines and methodologies keeping abreast of emerging and best practice trends,
  • Make recommendations to senior management for improvements to Aecon\'s overall insurance and loss control program and practices, proactively manage issues,
  • Review and analyze loss control and trending reports and use this information to design, develop and lead the internal training
  • Responsibility for the direction and coordination of the corporate surety program and continuously drive the use of surety products to minimize the impact to the corporation\'s balance sheet
  • Manage relationships with third party service providers (i.e.: brokers, insurers, adjusters, external legal counsel, consultants etc.),
  • Prepare budgets, forecasts and financial reports including the analysis of annual insurance premiums, financial performance of insurance programs and the determination of billing rates and premium allocations,
  • Develop internal communication and advertising strategies related to all risk management and insurance initiatives; oversee the monitoring of compliance with insurance procedures, safety and risk manuals,
  • Lead the claims handling process for all claims below the corporate self-insurance retentions and the management of corporate losses including D&O, E&O, Cyber, Crime, etc.,
  • Oversee all aspects of contract review related to risk, insurance and surety issues, including coordination with Legal Department
Required Knowledge and Experience
  • Bachelor\'s degree and 10+ years related industry experience, preferably in brokerage and construction risk with strong knowledge of general construction practices and provisions of construction contracts,
  • 10+ years\' experience buying and managing a portfolio of construction insurance, surety programs
  • At least 5 years of surety and bonding program experience
  • Extensive experience with U.S. insurance placements
  • At least 5 years of people management experience,
  • CRM and/or CIP designation preferred,
  • Strong analytical skills, both financial and qualitative,
  • Strong interpersonal and communication skills,
  • Effective time management skills,
Necessary Competencies
  • Stakeholder Management
  • Strong demonstrated ability to influence with and without direct authority
  • High degree of emotional intelligence, strong self-awareness,
  • Organization Savviness, ability to effectively maneuver through complex political situations, anticipate issues and plan an approach accordingly
  • Is recognized as a trusted advisor to the Sector Leadership Team
  • Adaptive Thinking
  • Critical thinking capability by applying sound analysis and logical reasoning to evaluate ideas, decisions and outcomes. Able to properly evaluate the quality of evidence and reasoning, then draw appropriate conclusions.
  • Strategic Orientation
  • Commercial acumen and ability to understand the drivers, financials, variables and underlying business models our organization utilizes to generate a profit and drive toward being a sustainable organization.
  • Able to anticipate emerging issues or outcomes based on experience and critical thinking capacity
  • Building High Performance Teams
  • Builds trust by creating and sustaining trusting relationships with direct reports and colleagues
  • Decision Making
  • Makes sound decisions involving the most complex information and dynamic situations.
  • Demonstrates sound judgment.
  • Effective risk orientation to complement business performance - curious and innovative
  • Influencing
  • Negotiates service and/or collective agreements to achieve a desired outcome for Aecon
  • Positively influences colleagues to take decisions and actions that ultimately benefit the organization.
  • Communication Skills
  • Excellent verbal and written communication skills and legal drafting skills
  • Risk assessment and risk mitigation skills
  • Ability to identify risks/issues and offer practical commercially appropriate solutions to manage/ mitigate risks
  • Character Based Leadership
  • Integrity, Humility, Transparency
  • Courage, Drive
  • Energy, Passion
What we offer
  • Growth Opportunities
  • Medical/Dental Benefits - 100% Employer Paid
  • Health & Wellness Benefits
Aecon fosters , inclusion and belonging within and across our organization. We welcome all to apply including, women, visible minorities, Indigenous peoples, persons with disabilities, and persons of any sexual orientation or gender identity.

We are committed to adhering to the objectives and requirements outlined in the Accessible Canada Act (ACA), and to meeting the accessibility needs of persons with disabilities in a timely manner, through the implementation of the requirements of the ACA and its applicable regulations. If you require accommodation under the ACA Act during any step of the application process please

AECON

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Job Detail

  • Job Id
    JD2210039
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned