Senior Manager, Contract Surety, 9636

2 weeks ago

Toronto, Canada DGA Careers Full time
Senior Manager, Contract Surety, 9636 - IW-9636

Date of modification:

Job number: IW-9636

Detail

Job title: Senior Manager, Contract Surety, 9636

Description

My client is seeking a Senior Manager, Contract Surety to lead the management of complex surety accounts, develop business with key strategic brokers, and ensure adherence to corporate underwriting standards and risk management controls. This role requires a solid understanding of financial principles and business judgment in evaluating the financial condition, experience, and credit history of Contract Surety accounts.

Position: Senior Manager, Contract Surety
Location: Toronto, hybrid

Responsibilities:

  • Lead underwriting decisions for technically complex accounts and provide recommendations and action plans.
  • Manage the administration of risks and policies to ensure accuracy and timeliness.
  • Ensure contract surety adheres to the company’s Risk & Control Framework.
  • Present underwriting decisions outside of delegated authority to senior management and reinsurance.
  • Serve as the primary representative for the assigned Ontario region to internal and external stakeholders, including brokers and senior management.
  • Oversee underwriting decisions and renewals for the Contract Surety portfolio within the region.
  • Lead, train, and support a team while managing key broker and contractor relationships.
  • Develop and implement marketing and business development plans to grow the business.
  • Provide strategic planning and underwriting analytics to ensure portfolio performance.

Qualifications:

  • Broad knowledge of business, construction, finance, accounting, contract law, and risk management.
  • 5+ years of experience working with financial statements, preferably for public and large private contracting firms.
  • Strong knowledge of credit analytics for construction companies and risk selection.
  • Ability to build trust and credibility with internal and external stakeholders.
  • Strategic thinking and strong communication skills, both verbal and written.
  • Ability to manage conflicting priorities, multi-task, and lead negotiations.
  • Highly organized, self-motivated, and passionate about the surety line of business.
  • University degree required; accounting designation is an asset.

Compensation: Competitive salary, benefits, pension plan, bonus, and more.

Information
  • City: Toronto
  • Job Type: Full-Time
  • Education: University Degree
  • Minimum experience required: 5 to 6 Years
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