Specialist, Contractor Default Insurance - Toronto, Canada - Ledcor

Ledcor

Verified Company

Toronto, Canada

2 days ago

Posted by:

Sophia Lee

beBee Recruiter

Freelance

Description

Location:
Toronto, ON, Canada

Date Posted:
May 13, 2024

Job ID:
R19878

Job Status:
Full-Time

Description

Job Summary:

Reporting to the Subcontractor Manager, you will use your expert knowledge of Subcontractor Default Insurance(SDI)/Qualification program to impact others within the Risk Team.

In this role, you will analyze subcontractor qualification submittal packages, forge strong relationships with project teams/subcontractors, facilitate training sessions to promote SDI use while maintaining risk management best practices, and providing expertise to complete competing tasks.

We are committed to the long-term success and wellbeing of our employees.

Our total rewards package is designed to provide compensation and benefits programs that support your health, wellness, and financial security.

We offer ongoing employee training and development, team building and career growth opportunities.

Essential Responsibilities:

Assess and determine when subcontractor risks should be escalated to Subcontractor Manager and/or Director of Risk
Extracts key data from CPA prepared financial statements and analyze additional subcontractorprovided background information such as workonhand reports, cash flow statements, or other financial statements
Resolves issues within CDI program using established precedents, ensuring decisions align with company policies
Ensures the integrity of CDI database in JDE and Compass Prequalification tool
Executes quarterly CDI project billing summaries and conduct analyses for aggregation trends, CDI carrier compliance and tax compliance
Engages with Ledcor 3rd party insurance brokers to review program policies and endorsements. This involves collaborating closely to review program policies and endorsements, ensuring alignment with industry standards, and optimizing coverage to mitigate risks effectively
Monitors newly established projects to ensure timely CDI enrollment. Utilize organizational knowledge and internal relationships to proactively engage with project teams, estimating groups, and finance teams to ensure the CDI underwriting process has ample time to provide rating advice back to project teams
Provides business intelligence reporting to Operational teams

- promotes awareness of risk management practices and procedures

Qualifications:

Min of 4+ years of experience in a risk management, underwriting (surety or commercial) or supply chain management role
Bachelor's degree in Risk management, Accounting, Finance, Business Administration, or related field
Selfmanagement skills to plan, organize and prioritize tasks with conflicting deadlines
Excellent verbal, written and negotiation skills
Strong customer service skills, comfortable and capable of various forms of outreach/communication with subcontractors
Excellent knowledge of financial statements and financial analysis
Exceptional problemsolving abilities and professional judgement
Experience with CDI qualification toolset TradeTapp, Bespoke, or other 3rd party qualification program
Experience with ERP systems such as JD Edwards
Fluent with other business tools such as Excel or Power BI tools

Work Conditions:

This is a hybrid role involving both working from home and attending the office one to two days per week

Additional Information:
Company Description

The Ledcor Group of Companies is one of North America's most diversified construction companies. Ledcor is a company built on a rich history of long-standing project successes.

But when you work for Ledcor, your experience will go far beyond the project. Do you want a career that means more? Join our True Blue team now

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.

International Boulevard, LTORO