AVP, Surety Large Contractors

Aviva; Markham; On-site; CAD 90,000 - 150,000; Full time

Job summary

An established industry player is seeking an AVP for Surety Large Contractors to manage and grow their contract surety business. This role is integral to expanding the portfolio by identifying new opportunities and leading a dedicated team. You will be a key player in fostering relationships with major contractors and ensuring the integrity of underwriting decisions. The company offers a dynamic work environment, competitive rewards, and opportunities for professional development. If you are passionate about the surety line of business and thrive in a collaborative atmosphere, this is the perfect opportunity for you.

Benefits

Base compensation

Annual bonus eligibility

Retirement savings plan

Health benefits

Personal wellness opportunities

Competitive vacation package

Volunteer opportunities

Career development support

Corporate wellness programs

Qualifications

• 8+ years of experience in Surety underwriting with a strong academic background.
• Excellent communication and critical thinking skills are essential.

Responsibilities

• Identify new opportunities to grow the existing surety book of business.
• Lead and mentor staff, ensuring high standards in decision-making.

Skills

Surety underwriting

Communication skills

Critical thinking

Negotiation skills

Relationship building

Multi-tasking

Education

University Degree or equivalent experience

Job description

AVP, Surety Large Contractors page is loaded

AVP, Surety Large Contractors

Apply locations Markham posted on Posted 30+ Days Ago job requisition id R-151085

Individually we are people, but together we are Aviva. Individually these are just words, but together they are our Values – Care, Commitment, Community, and Confidence.

At Aviva, we provide an outstanding chance to work within a multifaceted and forward-thinking team. As the AVP, Surety Large Contractors, you will have a vital role in managing and growing our contract surety business consisting of international and domestic large contractors. If you are someone who excels in an innovative environment and is eager to lead, develop, and complete high-level strategies, this position is perfect for you.

Come join our team!

What You'll Do:

• Expand our portfolio by applying your expertise: Identify new opportunities to strategically grow our existing large domestic and international contract surety book of business.
• Lead and mentor surety staff: Provide decision-making support for underwriting larger Contract Surety branch accounts, including over line and branch authority requests.
• Consult with the Senior Leadership team: Present and assist with special projects, committees, and short-term initiatives as needed.
• Act as a subject matter expert: Offer your knowledge on P3, Progressive Design Build, and Alliance Model projects, assisting branches with bond wordings.
• Submit reinsurance packages: Ensure comprehensive and competitive reinsurance submissions to our lead reinsurance partners.

Key Outputs:

• Surety portfolio statistics: Deliver comprehensive analytics and reports.
• Underwriting decisions: Maintain high standards in decision-making to ensure portfolio integrity.
• Financial performance and operational reviews: Regularly assess and optimize the division’s financial health.
• Portfolio analytics & monthly presentation: Prepare and present detailed monthly performance reviews.
• Management of key MGA relationships: Cultivate and maintain favorable relationships with managing general agents.
• Review and action on outstanding receivable listings: Ensure timely and effective management of receivables.

What You'll Bring:

• University Degree or equivalent experience: A strong academic background or equivalent experience to support your professional expertise.
• 8+ years of experience in Surety underwriting: Demonstrated success and extensive background in the field.
• Broad knowledge of business: Including governance, business risk, finance, distribution, and reinsurance specific to the insurance/surety/construction industry.
• Strong knowledge of the construction industry: Deep understanding and insights into construction practices and trends.
• Ability to build trust and credibility: Excellent relationship-building skills with both internal and external collaborators.
• Critical thinking: Capable of innovative and unconventional thinking.
• Communication skills: Outstanding verbal and written communication abilities.
• Business, underwriting, and risk management foresight: Full comprehension of corporate risk strategies.
• Multi-tasking and prioritization: Strong ability to manage multiple projects and priorities simultaneously.
• Negotiation/persuasion skills: Proficiency in negotiating and influencing outcomes.
• Knowledge sharing: High willingness to mentor and share knowledge within the team.
• Passion for the surety line of business: Enthusiastic and dedicated to the industry.
• Ambitious and self-motivated: Driven by personal and professional growth.
• Highly organized: Outstanding organizational skills to manage complex tasks efficiently.

What You’ll Get:

• Compelling rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.
• Outstanding Career Development opportunities.
• We’ll support your professional development education.
• Competitive vacation package with the option to purchase 5 extra days off per year.
• Employee driven programs focused on gender, LGBTQ+, origins, diversity and inclusion.
• Corporate wellness programs to support our employees’ physical and mental health.
• Hybrid flexible work model.

Please note that we may use AI tools to help us through the recruitment process.

About Us

We help our 19.5 million customers to save for the future and manage the risks of everyday life. To give these customers the best possible products and service we know we must make Aviva the most attractive choice for talented, entrepreneurial people with diverse backgrounds and an evolving range of expertise and insight.

So, we’re passionate about helping our 23,000 people to do the best work of their lives, to enable them to make a positive difference to the lives of our customers.