Director, Corporate Insurance and Loss Control

Aecon Group Inc.; Toronto; On-site; CAD 100,000 - 130,000; Full time

Job summary

Aecon Group Inc. in Toronto is seeking an experienced insurance and risk management professional with over 10 years of experience, ideally within construction environments. The role involves leading enterprise insurance programs, negotiating policies, and providing strategic risk guidance to senior leadership.

The successful candidate must excel in communication, negotiation, and have a strong track record of managing complex insurance portfolios. This position offers a dynamic opportunity to contribute to significant infrastructure projects in Canada.

Qualifications

• 10+ years of experience in insurance and risk management, ideally in construction.
• Experience buying and managing construction insurance portfolios.
• Strong knowledge of construction contracts and risk allocation.

Responsibilities

• Lead insurance program design and optimization.
• Negotiate and procure insurance policies.
• Advise on insurance programs throughout project lifecycle.

Skills

Insurance and risk management

Negotiation

Leadership

Analytical capabilities

Communication

Education

Professional designation (CRM, CIP)

Job description

Overview

Come Build Your Career at Aecon! As a Canadian leader in infrastructure development, Aecon is safely and sustainably building what matters for future generations to thrive. We lead some of the most impactful infrastructure projects of our generation, at the forefront of transformational change in transportation and energy, and partnering every day to build, connect, power, and strengthen our communities.

Aecon fosters diversity, inclusion and belonging within and across our organization. We welcome all to apply including women, visible minorities, Indigenous peoples, persons with disabilities, and persons of any sexual orientation or gender identity. We are committed to adhering to the Accessible Canada Act (ACA) and to meeting accessibility needs of persons with disabilities in a timely manner. Appropriate accommodations will be provided upon request throughout the interview and hiring process. Aecon may use artificial intelligence tools to assist in screening and reviewing candidates, applied responsibly and in accordance with privacy laws and Aecon’s AI Usage Policy. Final hiring decisions are made by qualified Aecon team members.

What You’ll Do Here

• Lead the design, placement, and ongoing optimization of enterprise insurance programs aligned with corporate risk strategy.
• Negotiate and procure insurance policies, including project-specific coverages (e.g., builders risk, wrap-ups, professional liability).
• Support business units on project pursuits from RFQ through Substantial Completion and Operations & Maintenance period as applicable, providing insurance strategy, contract input, and risk advisory.
• Advise on insurance programs for both joint venture and Aecon-led projects, ensuring appropriate coverage and protection throughout the project lifecycle.
• Advise on owner-controlled insurance programs and negotiate terms to mitigate risk exposure.
• Manage the corporate surety and bonding program to support project delivery while optimizing balance sheet impact.
• Lead claims management activities for claims below corporate self-insurance retentions and manage corporate losses across property, casualty, D&O, cyber, and related areas, working with legal on E&O claims.
• Oversee contract reviews related to insurance, risk, and surety in coordination with Legal and project teams.
• Support operations in the subcontractor prequalification process.
• Provide strategic risk and insurance guidance to senior leadership, identifying emerging risks, trends, and mitigation opportunities.
• Build and manage relationships with third-party service providers (brokers, insurers, adjusters, appraisers, external legal counsel, consultants, etc.).
• Analyze loss trends and lead training and awareness initiatives to strengthen risk culture and loss prevention.
• Prepare budgets, forecasts and financial reports including analysis of annual insurance premiums and program performance; oversee compliance with insurance procedures, safety and risk manuals.

What You Bring To The Team

• 10+ years of progressive experience in insurance and risk management, preferably within construction or infrastructure environments.
• 5 to 7 years of experience buying and managing construction insurance portfolios, with at least 3 years focused on surety and bonding programs.
• Proven track record managing large, complex construction insurance programs and negotiating high-value policies and claims.
• Strong knowledge of construction contracts, risk allocation, and project delivery models (e.g., JV, Design-Build, Alliance).
• Deep understanding of U.S. insurance markets and placements.
• Minimum 5 years of leadership experience, with demonstrated ability to influence senior stakeholders and cross-functional teams.
• Strong commercial acumen with the ability to assess and manage risk in alignment with business performance.
• Advanced analytical, negotiation, and decision-making capabilities (financial and qualitative).
• Excellent communication and stakeholder management skills; recognized as a trusted advisor.
• Strong interpersonal skills with the ability to operate effectively in complex, matrixed organizations.
• Effective time management and prioritization skills.
• Professional designation (CRM, CIP) preferred.

Reason for vacancy: Replacement

Aecon may use AI tools to assist in screening candidates. All final decisions are made by qualified Aecon team members.