SDI Senior Specialist, Building Construction

Ledcor; Toronto; Hybrid; CAD 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a Subcontractor Default Insurance (SDI) Specialist to lead risk management efforts within their Building Construction group. This exciting role involves evaluating subcontractor qualifications, implementing innovative risk management strategies, and mentoring a team of analysts. You will be at the forefront of shaping SDI policies and ensuring projects run smoothly. If you have a passion for risk management and a knack for solving complex challenges, this position offers a unique opportunity to make a significant impact while working in a supportive and inclusive environment. Join a team recognized for its commitment to diversity and excellence in the construction industry!

Benefits

Competitive total rewards package

Opportunities for skill development

Recognized workplace culture

Support for physical, mental, and financial wellbeing

Qualifications

• 5+ years of SDI underwriting experience in commercial construction.
• Strong knowledge of accounting practices and financial statements.

Responsibilities

• Evaluate subcontractor qualifications and recommend risk mitigation strategies.
• Lead implementation of reporting mechanisms for performance tracking.

Skills

SDI Underwriting

Financial Analysis

Organizational Skills

Negotiation Skills

Data Management

Problem Solving

Education

Bachelor's Degree in Finance or related field

Tools

Excel (Pivot Tables)

Bespoke Compass

Job description

Are you ready to take the lead in shaping subcontractor risk management for our Building Construction group? As our Subcontractor Default Insurance (SDI) Specialist, you’ll be the subject matter expert, applying your extensive industry knowledge to identify risks and craft innovative solutions that keep our projects running smoothly.

You’ll leverage your expertise to evaluate subcontractors, implement program improvements, and make actionable recommendations to meet our business goals. Your insights will directly influence SDI policies and procedures, ensuring we stay ahead in the game.

If you’re passionate about risk management, thrive on solving challenges, and want to make an impact, we’d love to have you on our team! Ready to take the next step? Apply today and start building your future with us!

Essential Responsibilities:

• Evaluate and process subcontractor qualifications for inclusion in the SDI program, analyzing financial statements, liquidity, operational practices, and safety programs.
• Apply established policies to assess prequalification information and recommend effective subcontractor risk mitigation strategies.
• Solve complex challenges within the SDI program using industry expertise and precedents.
• Review and validate subcontractor evaluations completed by Subcontractor Risk Management analysts.
• Ensure the secure management of subcontractor-submitted information in alignment with risk management strategies and document protocols.
• Serve as an advisor on SDI policies, claims management, policy renewals, and project-specific policies for large subcontractor scopes or durations.
• Provide mentorship and guidance to Subcontractor Risk Management analysts, fostering their professional development.
• Propose innovative subcontractor risk management programs, initiatives, and policies.
• Support management by delivering data analysis and reporting on key performance and financial metrics for the SDI program.
• Lead the implementation of reporting mechanisms to track performance and suggest improvements based on data-driven insights.

Qualifications:

• 5+ years of SDI underwriting experience.
• Commercial construction industry and/or subcontractor risk management (SDI, surety, etc) experience is preferred.
• Excellent knowledge of accounting practices, financial statements, and financial analysis.
• Strong organizational skills and the ability to prioritize tasks and handle multiple projects simultaneously with competing deadlines.
• Excellent verbal, written, and negotiation skills.
• High degree of accuracy when working with large volumes of data.
• Ability to work with complex pivot tables in Excel.
• Experience with the SDI qualification toolset Bespoke Compass or other 3rd party qualification programs.

Work Conditions:

• We welcome applicants from Vancouver, Edmonton, Calgary, Toronto, and other major cities.
• This role is hybrid, requiring one to three days a week in the office.

Additional Information:

Ledcor Building offers full-service construction for commercial, residential, institutional, and light industrial projects, along with expertise in green building. Our depth of knowledge and expertise come from building hundreds of projects – of all sizes – across North America each year.

Our workplace culture has been recognized as one of Canada’s Best Diversity Employers, Canada’s Most Admired Corporate Cultures, and a Top 100 Inspiring Workplace in North America.

Our competitive total rewards package provides compensation and benefits that support your physical, mental, and financial wellbeing. We offer exciting, challenging work with opportunities to develop your skills and knowledge.

Employment Equity:

At Ledcor, we believe diversity, equity, and inclusion should be part of everything we do. We are proud to be an equal-opportunity employer. All qualified individuals, regardless of race, color, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, Veteran status, or any other identifying characteristic are encouraged to apply.

Our True Blue team consists of individuals from all backgrounds who contribute diverse perspectives and experiences to Ledcor. We are committed to continuing to build on our culture of empowerment, inclusion, and belonging.

Adjustments will be provided in all parts of our hiring process. Applicants need to make their needs known in advance by submitting a request via email. For more information about Ledcor’s Inclusion and Diversity initiatives, please visit our I&D page.