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 #J-18808-Ljbffr
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 #J-18808-Ljbffr
MUST HAVE EXPERIENCE WORKING WITH OSFI INSURANCE COMPLIANCE REQUIREMENTS AND OTHER REGULATORS Legal Responsibilities Advise on insurance contract and insurance distribution law Draft, review and negotiate contractual documents and agreements including insurance outsourcing agreements (MGA and TPA agreements), broker agreements, service level agreements and nondisclosure agreements Review and draft insurance terms & conditions Provide legal assistance for new products and product documentation Assist in license applications, as well as liaising with regulatory authorities as required Provide legal support to branch management and operational units including Underwriting, Claims, Finance and Data Management & Marketing Coordinate corporate legal matters with the Legal Team at Home Office Liaise and collaborate with the Legal Teams at Home Office and other company branches Compliance Responsibilities Manage our local compliance tasks with the other Legal Counsel and Compliance Manager, including matters relating to: Single Risk and Delegated Authority underwriting Intermediaries, agencies and business partners Insurance contract law Sanctions Bribery / conflicts of interest Complaints and other market conduct activities/reports Privacy related matters Monitor relevant legislation and case law in Canada; assist in developing compliance plans for new/changing legislation Implementation of OSFI regulatory compliance management requirements in accordance with Guideline E13 Implementation of Home Office processes and guidelines at the local level Ongoing preventative compliance work including training and awareness Draft compliance reports for Home Office including risk analysis, regulatory monitoring, breach reporting, and updates on compliance activities Compliance monitoring including spot audits of various compliance matters such as sanctions screening and policy documentation Monitoring of Delegated Authority Managing General Agents (“MGAs”) and Third-Party Administrators (“TPAs”) for compliance with our Canadian Branch’s requirements Assist in implementing Quebec Bill 96 and French Language requirements at our Canadian Branch Correspond with OSFI and other territorial and provincial regulators including reporting, ad hoc requests, license renewals, etc. Manage Canadian Branch’s complaints and oversee privacy matters for HSCB in coordination with the Talanx Data Protection Team Liaise and collaborate with the global Compliance Team at Home Office and other HDI branches Report to the Managing Director of our Canadian Branch Education University degree in law (JD / LLB), and licensed to practice in Ontario Compliance and Risk Management certifications are considered an asset French fluency considered an asset Experience Minimum of 5 years of experience in a legal, corporate or financial environment Knowledge of insurance contract law and insurance distribution law considered an asset Experience working with Canadian regulatory authorities Experience implementing a regulatory compliance framework within an institution Experience drafting and negotiating commercial contracts Knowledge of European legal systems considered an asset Experience in international primary insurance is an asset Prior experience in Risk Management for an insurance company considered an asset Skills Required High degree of integrity Strong understanding of the law, legal methodology and legal principles Willingness to familiarize oneself with new topics and legal challenges Strong communication, interpersonal, presentation and negotiation skills Ability to work in a structured and independent manner High attention to detail and excellent analytical skills Willingness to collaborate with an international team #J-18808-Ljbffr
Description Director, Compliance - 9681 (Remote with up to 4 days a month in Toronto Office) Our client is a dynamic and evolving organization that provides essential support to the P&C insurance industry across Canada. They are recognized for their specialized approach in assisting clients with unique liability insurance solutions. They are seeking a Director of Compliance who will take charge in ensuring that the team’s roles, responsibilities and outcomes are seamlessly coordinated and maximized to align with the Company’s robust risk management, controls and governance framework. This dynamic leader drives and executes compliance initiatives, including Member and Servicing Carrier audits, ensuring the Company’s practices stay ahead of industry best practices. This Director will provide strategic thought leadership to the Company while also overseeing and actively engaging in critical activities, such as FSRA audits (Financial Services Regulatory Authority), ensuring the highest standards of compliance are maintained at every level. KEY ACCOUNTABILITIES Identify and provide ideas for improvement within the Compliance Department and within the Company. Provide thought leadership to the Company. Develop/lead a high performing and engaged team of Managers and Auditors. Coach, mentor and develop career paths for direct reports, including formal annual performance reviews and development discussions. Attract, hire and retain a team of high-performing professionals who possess outstanding knowledge, experience and adhere to corporate values. Fill vacancies as required and oversee the onboarding/training process for new hires. Ensure the team adheres to the schedule for deliverables. Collaborate with Managers, Directors, SLT and others within the Company as needed. Manage audit planning, reviews and execution to include both Member and Servicing Carriers. Act as a department expert and resource when responding to escalations or observations found within audits. Oversee, participate and/or provide guidance for internal controls (CSAE 3416), third party risk management compliance and data governance. Participate in strategic initiatives to bring a compliance lens and assess impact and post implementation operations. Present updates to the Audit & Risk Committee and Company Leadership. Ensure the annual risk-based audit plans are developed and approved. Ensure the approved plan is implemented as designed. Ensure proper resourcing for the implementation of the plan relative to the risk level. Ensure the plan is adjusted as needed in response to changes in risks, operations, systems, controls, or new/upcoming compliance requirements. Ensure final audit reports are issued and distributed to the appropriate stakeholders. Ensure audit software is leveraged as appropriate. Ensure annual FSRA audit processes are completed as planned. Reporting Present dashboards outlining the status and effectiveness of audits. Lead and participate in Special Projects within the department or cross-functionally. KEY QUALIFICATIONS / ATTRIBUTES Degree in Accounting, Finance or Business. Certified Internal Audit (CIA) and/or Certified Public Accountant (CPA) Designation. 15 years of auditing and risk management experience. 10 years of progressive senior/leadership roles in compliance with a proven ability to lead, develop and motivate a team through change management/improvements. Experience in Property and Casualty Insurance and Automobile Underwriting and Claims knowledge. Ability to plan, organize and control multiple initiatives in an accurate, timely and effective manner through project management. Superior communication throughout collaboration with professionals both inside and outside the Company. Effective dealing with complex information, persuading, influencing, selling, teaching, counseling and team building. Tactful and courteous handling of difficult situations and problem solving with non-standardized variables. Strong interpretive skills and analysis using logical, evaluative and professional thinking to define problems, collect information, establish facts and form valid solutions. Well-rounded decision making relative to overall organizational policies in terms of feasibility, compatibility and effectiveness. Sound discretion and judgement in translating broad organizational goals into specific objectives while understanding initiatives and directing activities fully impacting a department. Skilled at hiring, evaluating, motivating and disciplining managers in their performance. Experienced at formulating budgetary needs for programs and projects. Technically confident using database systems and spreadsheets as well as other Microsoft Applications. Experienced candidates please forward your resume in confidence to or text 437-227-8719 . If you are working with another DGA recruiter, feel free to ask them about this position. Thank you to all who apply. Only qualified applicants will be contacted. Information City: Toronto Job Type: Full-Time Education: CIA, CPA Expertise: Claims, Claims-Auto, Risk Management, Accounting/Finance, Computer Proficiency, Claims - Management, Executive Management, Management, Compliance-Regulatory, Auditing, Operations Management. Minimum experience required: 11 or more Years. Contact email: Seniority level Director Employment type Full-time Job function Management, Project Management, and Strategy/Planning Industries Insurance #J-18808-Ljbffr
(Remote with up to 4 days a month in Toronto Office) Our client is a dynamic and evolving organization that provides essential support to the P&C insurance industry across Canada. They are recognized for their specialized approach in assisting clients with unique liability insurance solutions. They are seeking a Director of Compliance who will take charge in ensuring that the team’s roles, responsibilities and outcomes are seamlessly coordinated and maximized to align with the Company’s robust risk management, controls and governance framework. This dynamic leader drives and executes compliance initiatives, including Member and Servicing Carrier audits, ensuring the Company’s practices stay ahead of industry best practices. This Director will provide strategic thought leadership to the Company while also overseeing and actively engaging in critical activities, such as FSRA audits (Financial Services Regulatory Authority), ensuring the highest standards of compliance are maintained at every level. KEY ACCOUNTABILITIES Identify and provide ideas for improvement within the Compliance Department and within the Company. Provide thought leadership to the Company. Develop/lead a high performing and engaged team of Managers and Auditors. Coach, mentor and develop career paths for direct reports, including formal annual performance reviews and development discussions. Attract, hire and retain a team of high-performing professionals who possess outstanding knowledge, experience and adhere to corporate values. Fill vacancies as required and oversee the onboarding/training process for new hires. Ensure the team adheres to the schedule for deliverables. Collaborate with Managers, Directors, SLT and others within the Company as needed. Manage audit planning, reviews and execution to include both Member and Servicing Carriers. Act as a department expert and resource when responding to escalations or observations found within audits. Oversee, participate and/or provide guidance for internal controls (CSAE 3416), third party risk management compliance and data governance. Participate in strategic initiatives to bring a compliance lens and assess impact and post implementation operations. Present updates to the Audit & Risk Committee and Company Leadership. Ensure the annual risk-based audit plans are developed and approved. Ensure the approved plan is implemented as designed. Ensure proper resourcing for the implementation of the plan relative to the risk level. Ensure the plan is adjusted as needed in response to changes in risks, operations, systems, controls, or new/upcoming compliance requirements. Ensure final audit reports are issued and distributed to the appropriate stakeholders. Ensure audit software is leveraged as appropriate. Ensure annual FSRA audit processes are completed as planned. Reporting Present dashboards outlining the status and effectiveness of audits. Lead and participate in Special Projects within the department or cross-functionally. KEY QUALIFICATIONS / ATTRIBUTES Degree in Accounting, Finance or Business. Certified Internal Audit (CIA) and/or Certified Public Accountant (CPA) Designation. 15 years of auditing and risk management experience. 10 years of progressive senior/leadership roles in compliance with a proven ability to lead, develop and motivate a team through change management/improvements. Experience in Property and Casualty Insurance and Automobile Underwriting and Claims knowledge. Ability to plan, organize and control multiple initiatives in an accurate, timely and effective manner through project management. Superior communication throughout collaboration with professionals both inside and outside the Company. Effective dealing with complex information, persuading, influencing, selling, teaching, counseling and team building. Tactful and courteous handling of difficult situations and problem solving with non-standardized variables. Strong interpretive skills and analysis using logical, evaluative and professional thinking to define problems, collect information, establish facts and form valid solutions. Well-rounded decision making relative to overall organizational policies in terms of feasibility, compatibility and effectiveness. Sound discretion and judgement in translating broad organizational goals into specific objectives while understanding initiatives and directing activities fully impacting a department. Skilled at hiring, evaluating, motivating and disciplining managers in their performance. Experienced at formulating budgetary needs for programs and projects. Technically confident using database systems and spreadsheets as well as other Microsoft Applications. Experienced candidates please forward your resume in confidence to or text 437-227-8719 . If you are working with another DGA recruiter, feel free to ask them about this position. Thank you to all who apply. Only qualified applicants will be contacted. #J-18808-Ljbffr
My client, a leading insurance provider, is seeking a dynamic Head of Contract Surety to lead their national underwriting strategy. With a portfolio of $100M GWP, you will drive growth, manage a team of underwriting leaders, and ensure excellence in decision-making, service standards, and profitability. Position : Head of Contract Surety
Location : Toronto, hybrid Key Responsibilities: Lead and develop underwriting policies and strategies for Contract Surety in collaboration with Surety branch leaders. Demonstrate a comprehensive understanding of overall line of business performance through analysis of reports while taking strategic actions to improve results. Manage workflows and ensure the accomplishment of underwriting and service standards through Surety branch leaders. Monitor the competitive landscape, optimizing risk selection, and enhancing the company's competitive position. Proactively work with broker partners to strengthen relationships and ensure business plans are met. Perform ongoing talent management, including hiring, mentoring, training, performance management, and recognition. Develop opportunities to re-engineer processes and embed new technologies to improve outcomes. Lead by example in embracing and advocating for change to continuously improve processes. Ensure contract surety adheres to the Risk & Control Framework and manage underwriting decisions outside of delegated authority. Qualifications: 10+ years of experience in contract surety or related fields, with a proven track record of success in leading a team. Strong leadership skills to motivate, develop, and manage performance for results. Ability to build trust and credibility with both internal and external stakeholders. Strong financial acumen and the ability to use data to drive decision-making. Extensive understanding of business, underwriting, and corporate risk management and mitigation methods. Excellent communication skills, both verbal and written. Proven ability to multi-task and deal with conflicting priorities. Strong negotiation and persuasion skills. Passion for the surety business with an ambitious, driven, and self-motivated approach. 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. #J-18808-Ljbffr
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 #J-18808-Ljbffr
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 #J-18808-Ljbffr
Our client is looking for a Risk Services Consultant to provide support and advice to insureds regarding loss prevention. What you will be doing: Conduct onsite risk assessment consultations with members and prospects Complete detailed reports using Inspection Management Platform Perform building measurements and replacement cost estimates Create fire mapping diagrams and floor plan sketches Work closely with supervisors, underwriters, and brokers Stay current with risk prevention techniques through industry education Regular travel to conduct field assessments What we are looking for: 3+ years' experience in risk services, loss control, or related field Post-secondary education in relevant field (engineering technology, safety management, building inspections) Strong knowledge of building construction and fire protection systems Excellent written and verbal communication skills Strong analytical and problem-solving abilities Level I or II Infrared Thermography certification preferred CIP, CRM or equivalent designation is an asset If this is you, then please don’t hesitate to reach out! #J-18808-Ljbffr
To provide technical underwriting expertise to Business Units and Underwriters, acting independently and with minimal direction and as Subject Matter Expert in all aspects of a line of business or product line, to enable achievement of business plan and the delivery of excellent customer service. Job Accountabilities - Key Accountabilities Operationalize an underwriting business strategy through active engagement with internal and external stakeholders utilizing market and industry data to drive decision making. Lead the due diligence for auto on all programs and MGA business and be responsible for developing and conducting training for front line underwriters in line with the company's ambition to provide market leading underwriting education. Implement risk appetite changes based on relevant internal and external data. Contribute to the development of technical standards, controls and practices in line of business or product line. Working with cross-functional resources, actively drive the implementation of Underwriting strategies (e.g. Pricing), propositions, and solutions (e.g. product development, underwriting tools and processes) for a portfolio, line of business or product line. Monitor underwriting strategy relating to performance metrics, data and insights. Operate in established company's Risk Policy, Global Underwriting Policy and underwriting governance policies, and operationalize the policies into guidelines and best practices. Lead initiatives that have a high impact on the development of technical underwriting guidelines, and Best Practices, including controls and procedures. Lead projects, aligning appropriate resources, setting project direction and engage work team with successful outcome. Provide technical underwriting guidance to Business Units Leaders and Underwriters in support of the achievement of business plans and proposition development, to find creative solutions. Handle complex queries and referrals within delegated authority. Assist with approval of terms and conditions and Line of Business-wide issues, enabling Underwriters to write profitable business. Provide guidance to lower level associates. Take a leading role in contributing to the development of business plans and pricing strategies and alignment of these with Business Unit Strategies. Lead key aspects of portfolio management, including analysis to monitor profitability and growth of specialty areas of business. Provide recommendations on aspects requiring change or remedial action. Monitor Technical Price accuracy and develop and implement solutions to enhance Technical Price. Drive continuous enhancements of pricing tools in adherence to Technical Price Certification requirements. Participate in Technical Underwriting Reviews, identify trends, and contribute to the development of action plans and agreed upon action items. Participate in compliance-related queries, including regulatory exams and insurance department inquiries. Act as subject matter expert to develop underwriting technical training content. Ensure successful implementation of key technical initiatives by consulting with executives and other leaders to gain their commitment and improve their business effectiveness. Add value by identifying need to modify Strategic Business Unit/Shared Services Unit policies, programs or services and develop cost-effective proposals. Diagnose and solve complex, ambiguous problems. Investigate, recommend strategic technical solutions and ensure post-implementation project review. Plan for medium to long-term; develop and implement annual budget for area of responsibility. Job Qualifications Bachelor's Degree and 8 or more years of experience in the Underwriting area. Advanced knowledge of line/s of business and the legal and regulatory environment. Strong listening, verbal and written communication skills. #J-18808-Ljbffr
