Director, Corporate Insurance And Loss Control

Location: Toronto, ON, CAPosition Title: Director, Corporate Insurance and Loss Control

Come Build Your Career at Aecon!

Aecon delivers some of the most complex and impactful infrastructure projects — from transformative transportation networks to critical energy, industrial and nuclear programs. The projects we build connect communities and power future generations. With deep roots in North America and a strong footprint internationally, Aecon brings global expertise and proudly serves public and private sector clients through its Construction and Concessions segment.

Safety Always is not only our #1 core value – it is the standard that anchors our culture. We believe the most ambitious projects deserve the most committed people. At Aecon, you won’t just build your career — you’ll help build what matters to enable future generations to thrive.

At Aecon, you can count on:

• Safety Always. Our number one core value. The safety of our people, projects, partners, and stakeholders is our priority focus – today and always.
• Integrity. We lead by example, with humility and courage.
• Accountability. We’re passionate about delivering on our commitments.
• Inclusion. We provide opportunities where people feel valued, supported, and empowered to contribute fully.

We deliver infrastructure with purpose, and our people are at the heart of everything we do. Aecon employees are incredibly proud to build some of the most impactful infrastructure of this generation – we call it Aecon Proud .

At Aecon we:

• Ensure you and your family receive the services and benefits needed to support your mental, emotional, and physical well-being.
• Are intentional when it comes to investing in your development. We help you build your career and advance your skills through our Aecon University, tuition reimbursement, and Leadership Programs.
• Are committed to creating work environments focused on mutual respect, teamwork, collaboration, and new ideas, through meaningful initiatives, training, partnerships with Veteran groups, our Aecon Women in Trades and diversity programs, as well as our Employee Resource Groups (ERGs) , to ensure we are building with top talent and harnessing our collective strengths within every aspect of our culture.
• Operate responsibly by managing risk, safety, and environmental considerations across all our projects and surrounding communities.

Our success is built on the passion, expertise, and dedication of our people. Together, we embrace strong execution, innovation, and continuous improvement — values that come to life through the unique talents and collaborative spirit of every team member. If you’re inspired to make a difference through future-building projects, join our best-in-class team.

What is the Opportunity?

The Director, Corporate Insurance & Loss Control is a strategic leadership role responsible for shaping and executing Aecon’s enterprise-wide insurance, risk, and surety programs. This role partners closely with senior leadership, project teams, and external partners to optimize risk transfer strategies, support major project pursuits, and protect the organization’s financial and operational performance across complex infrastructure projects.

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 all claims below the corporate self-insurance retentions and management of corporate losses including complex claims across property, casualty, D&O, cyber and work closely with legal on E&O claims.
• Lead the claims handling process for all claims below the corporate self-insurance retentions and the management of corporate losses including property, casualty, D&O, Cyber, Crime, and work closely 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, on insurance and loss control programs, policies, standards, guidelines, methodologies, while identifying emerging risks, trends, and mitigation opportunities.
• Build and manage relationships with third party service providers (i.E.: 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 the analysis of annual insurance premiums, financial performance of insurance programs and the determination of billing rates and premium allocations. Develop internal communication and advertising strategies related to all risk management and insurance initiatives;
  oversee the monitoring of 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 successfully 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 trustedadvisor.
• Strong interpersonal skills with the ability to operate effectively in complex, matrixed organizations.
• Effective time management and prioritization skills.

Reason for vacancy: Replacement

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 objectives and requirements outlined in the Accessible Canada Act (ACA), and to meeting the accessibility needs of persons with disabilities in a timely manner. Through the implementation of the requirements of the ACA and its applicable regulations, appropriate accommodations will be provided upon request throughout the interview and hiring process.

As part of our commitment to fair and transparent hiring practices, Aecon may use artificial intelligence (AI) tools to assist in screening and reviewing candidates. These tools are applied responsibly and in accordance with applicable privacy laws and Aecon’s AI Usage Policy. All final decisions are made by qualified Aecon team members.

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