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Director, Insurance & Loss Control

Aecon Concessions

Toronto

On-site

CAD 120,000 - 180,000

Full time

18 days ago

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Job summary

Aecon Group Inc. is seeking a Director, Insurance & Loss Control to lead its corporate insurance team. This role involves shaping insurance strategies, managing risks, and ensuring compliance with loss control measures. The successful candidate will have significant industry experience and strong leadership qualities, contributing to sustainable infrastructure development and safety in projects.

Qualifications

  • 10+ years in industry with experience in brokerage and construction risk.
  • 5+ years of people management experience.
  • Experience negotiating complex claims and managing surety/bonding programs.

Responsibilities

  • Develop and implement insurance and risk strategies.
  • Negotiate and purchase insurance policies.
  • Analyze loss reports and lead internal training initiatives.

Skills

Negotiation
Analytical Skills
Communication
Interpersonal Skills

Education

Bachelor’s degree
CRM or CIP designation

Job description

Join to apply for the Director, Insurance & Loss Control role at Aecon Group Inc.

Come build your career at Aecon! As a Canadian leader in infrastructure development, Aecon is safely and sustainably building what matters for future generations. We lead impactful projects in transportation and energy, partnering to build, connect, power, and strengthen communities.

  • Safety Always : Our top value. We prioritize safety above all.
  • Integrity : Leading by example with humility and courage.
  • Accountability : Committed to delivering on our promises.

At Aecon, we invest in our people through programs like Aecon University, Leadership Programs, and initiatives promoting diversity and inclusion. We are committed to sustainable construction and minimizing our environmental impact.

Our success depends on diverse, skilled teams. We seek innovative minds globally to join our community.

What Is The Opportunity

Reporting to the SVP, Finance, the Director, Insurance and Loss Control will lead our corporate insurance team, shaping strategy, managing risks, and enhancing loss control measures.

What You’ll Do Here

  • Develop and implement insurance and risk strategies, manage enterprise insurance programs, and monitor their effectiveness.
  • Negotiate and purchase insurance policies.
  • Participate in joint venture projects from inception to completion, including securing specialized insurance coverages.
  • Provide expertise on claims, contract reviews, and insurance coverage for projects.
  • Lead insurance placement for project pursuits and support project teams.
  • Review owner-controlled programs and negotiate terms to protect Aecon.
  • Support subcontractor prequalification processes.
  • Identify insurable risks and mitigation opportunities with operational teams.
  • Advise on insurance and loss control policies, staying updated on best practices.
  • Recommend improvements to insurance and loss control programs.
  • Analyze loss reports and lead internal training initiatives.
  • Manage the corporate surety program to minimize financial impact.
  • Manage relationships with brokers, insurers, and other service providers.
  • Prepare budgets, forecasts, and financial reports related to insurance.
  • Develop communication strategies for risk management initiatives and ensure compliance.
  • Oversee claims handling and manage corporate losses across various insurance types.
  • Collaborate with Legal on E&O claims and contract reviews.

What You Bring To The Team

  • Bachelor’s degree and 10+ years in industry, with experience in brokerage and construction risk.
  • Experience negotiating complex claims and managing surety / bonding programs.
  • At least 5 years of people management experience.
  • CRM or CIP designation preferred.
  • Strong financial and qualitative analytical skills.
  • Excellent interpersonal and communication skills.

We welcome applicants from diverse backgrounds, including women, minorities, Indigenous peoples, persons with disabilities, and all sexual orientations and gender identities. We are committed to accessibility and will provide accommodations during the application process as needed.

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