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Vice President, Risk

3 months ago

Old Toronto Ontario, CA Great Gulf Corporation Full time

Tuesday, May 28, 2024

From our first lot in Cambridge, Ontario, to residential, commercial, and recreational developments in 18 cities across North America, we’ve come a long way. While a lot has changed in that time, one thing hasn’t: our unwavering commitment to building great spaces that inspire the people who live, work and play. With over 45 years of experience, we continue to transform and lead the industry with technology, sustainable design and innovation with a multi-faceted portfolio including commercial, mixed used and residential development, construction management and software, engineering penalization manufacturing, architecture and hospitality.

All companies under the Great Gulf Group umbrella are united by one simple goal: the pursuit of greatness. It’s achieved daily with the passion and dedication of every person who works tirelessly to make us great. If you have what it takes to make great things happen, apply today to join our team

Great Gulf is seeking an experienced and dynamic Vice President, Risk & Insurance to join our team in Toronto. The VP, Risk and Insurance will be responsible for developing, implementing, and managing risk management strategies and insurance programs to protect the company's assets, projects, and stakeholders. The ideal candidate will have a strong background in risk management, insurance, and real estate development, with excellent analytical, communication, and leadership skills.

Key Responsibilities:

  • Develop and implement comprehensive risk management strategies and policies to identify, assess, and mitigate risks associated with Great Gulf's real estate development projects and operations.
  • Analyze and evaluate potential risks and exposures related to property, liability, construction, and other areas, and develop appropriate risk mitigation plans.
  • Manage the company's insurance programs, including property, casualty, liability, and construction insurance, ensuring adequate coverage and competitive pricing.
  • Review and negotiate insurance policies, terms, and conditions, and manage the day-to-day interactions with insurance brokers, carriers, and other stakeholders.
  • Collaborate with project teams, legal counsel, and finance department to address risk management and insurance requirements for new and ongoing projects.
  • Review and negotiate insurance terms on all contracts.
  • Monitor and track insurance claims and losses, review claims data for trends, and coordinate the claims process with insurance providers to achieve timely and equitable resolutions.
  • Develop and deliver risk management training and educational programs for employees and stakeholders to promote awareness and best practices.
  • Stay current with industry trends, regulations, and best practices in risk management and insurance, and make recommendations for continuous improvement.
  • Prepare and present reports, analyses, and recommendations to senior management and executive leadership regarding risk exposures, insurance coverage, and risk management strategies.

Qualifications:

  • Bachelor's degree in Risk Management, Insurance, Business Administration, Finance, or related field. Master's degree or professional certification (e.g., ARM, CRM, CPCU) preferred.
  • Minimum 8 years of experience in risk management, insurance, or related field, with a strong preference for experience in real estate development, construction, and property management.
  • Strong understanding of insurance principles, coverage types, and underwriting processes.
  • Excellent analytical skills with the ability to assess and quantify risks and exposures.
  • Demonstrated experience in developing and implementing risk management strategies and policies.
  • Knowledge of relevant laws, regulations, and industry standards related to risk management and insurance.
  • Excellent communication and interpersonal skills, with the ability to effectively collaborate with internal and external stakeholders.
  • Strong negotiation and relationship management skills with insurance brokers, carriers, and vendors.
  • Proficiency in Microsoft Office Suite and risk management software/tools.
  • Ability to work independently, prioritize tasks, and manage multiple projects simultaneously.
  • Detail-oriented with a commitment to accuracy and quality.

We encourage you to apply, even if you don’t meet all the qualifications. If you are the right candidate, we will help you learn and grow.

  • Opportunity to work for a leading real estate development company
  • Exciting projects and challenging opportunities to develop high-profile residential, commercial, and mixed-use developments.
  • Competitive salary and benefits package
  • Dynamic and collaborative work environment
  • Commitment to sustainability and social responsibility
Great Gulf Group of Companies is committed to providing a fair and equitable work environment and encourages applications from qualified women, men, visible minorities, aboriginal peoples and persons with disabilities. As per the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act (AODA), Great Gulf will accommodate the needs of applicants with disabilities throughout all stages of the selection process. If you need accommodation during the recruitment process, please advise Human Resources.

To be eligible to apply for this position you must be legally entitled to work in Canada. We are not accepting International applicants without a valid work permit. We thank all applicants for their interest. Only successful candidates will be contacted.
  • 351 King St E, Toronto, ON M5A 2W4, Canada
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