JoAVP Contract Surety - Montreal

My client is seeking an experienced AVP, Contract Surety, to manage and grow a portfolio of contract surety businesses, focusing on both international and large domestic contractors.

Position: AVP, Surety (Large & Contractors) Location: Montreal, hybrid.

• Responsibilities: Strategically grow the large domestic and international contract surety book of business.
• Lead and assist Surety staff in underwriting larger Contract Surety accounts, including those that exceed line and branch authority limits. Provide mentorship and decision-making support.
• Act as a subject matter expert on P3 (Public-Private Partnerships), Progressive Design Build, and Alliance Model projects, providing guidance to branches as needed.
• Lead special projects and committees as required by the senior leadership team, contributing to the company's strategic direction.
• Submit reinsurance packages to lead reinsurance partners when required.
• Manage relationships with brokers, reinsurers, clients, co-surety partners, and legal experts.
• Key Deliverables: Lead underwriting decisions for complex accounts and provide actionable recommendations.
• Regular financial performance and operational reviews of the Large & International Surety portfolio.
• Perform portfolio analytics and deliver monthly presentations on performance.
• Manage key broker and contractor relationships, ensuring strong and productive engagements.
• Oversee the review and action plans for outstanding receivable listings.
• Qualifications:8+ years of experience in Surety underwriting, particularly with large contractors.
• Extensive knowledge of the construction industry, governance, business risk, finance, and reinsurance.
• Proven ability to manage a portfolio worth over $10M in premiums, ensuring strong profitability metrics.
• Strong strategic thinking with the ability to think outside the box.
• Excellent communication skills, both verbal and written.
• Ability to build trust and credibility with internal and external stakeholders.
• Strong negotiation skills and the ability to manage competing priorities effectively.
• University degree required. Designation in Surety or related field is an asset.

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