AVP, Surety (Large & International Contractors) - 9637 - IW-9637

AVP, Surety (Large & International Contractors) - 9637 - IW-9637

Date of modification: January 26, 2025

Job number: IW-9637

Detail

Job title: AVP, Surety (Large & International Contractors) - 9637

Description

My client is seeking an experienced AVP, Surety (Large & International Contractors) to manage and grow a portfolio of contract surety business, focusing on both international and large domestic contractors.

Position: AVP, Surety (Large & International Contractors)
Location: Toronto, hybrid (flexibility on location within Canada)

Responsibilities:

1. Strategically grow the large domestic and international contract surety book of business.
2. Lead and assist Surety staff in underwriting larger Contract Surety accounts, including those that exceed line and branch authority limits. Provide mentorship and decision-making support.
3. Act as a subject matter expert on P3 (Public-Private Partnerships), Progressive Design Build, and Alliance Model projects, providing guidance to branches as needed.
4. Lead special projects and committees as required by the senior leadership team, contributing to the company's strategic direction.
5. Submit reinsurance packages to lead reinsurance partners when required.
6. Manage relationships with brokers, reinsurers, clients, co-surety partners, and legal experts.
7. Lead underwriting decisions for complex accounts and provide actionable recommendations.
8. Regular financial performance and operational reviews of the Large & International Surety portfolio.
9. Perform portfolio analytics and deliver monthly presentations on performance.
10. Manage key broker and contractor relationships, ensuring strong and productive engagements.
11. Oversee the review and action plans for outstanding receivable listings.

Qualifications:

1. 8+ years of experience in Surety underwriting, particularly with large contractors.
2. Extensive knowledge of the construction industry, governance, business risk, finance, and reinsurance.
3. Proven ability to manage a portfolio worth over $10M in premiums, ensuring strong profitability metrics.
4. Strong strategic thinking with the ability to think outside the box.
5. Excellent communication skills, both verbal and written.
6. Ability to build trust and credibility with internal and external stakeholders.
7. Strong negotiation skills and the ability to manage competing priorities effectively.
8. University degree required. Designation in Surety or related field is an asset.

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

Interested candidates please apply or contact Maurice Reichberg. If you are working with another DGA recruiter, feel free to ask them about this position.

Information

• City: Toronto
• Job Type: Permanent
• Education: University Degree
• Minimum experience required: 7 to 10 Years