Posting Date December 14, 2007
Department/Location Developer Surety, Toronto
Position Project Analyst
Reports To National Vice President, Developer Surety
Job Posting Number 141207-TO-02
Committed. Competitive. Constructing our Future. That's Travelers.
We are one of the leading insurance companies in North America. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunites for our employees. You will find Travelers to be full of energy, and a workplace in which you truly can make a difference.
TRAVELERS GUARANTEE COMPANY OF CANADA is hiring for a Project Analyst. He or she will be reporting to the National Vice President of Developer Surety. He or she will be extending credit to multi-family residential builders and developers in Ontario through a surety facility.
Job Specifications:
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Analyzes financial and construction information as well as the credit worthiness of the residential builder/developer clients and their affiliates, and provides recommendations on the issuance of TARION Bonds and Deposit Insurance facilities
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Manages a builder/developer's portfolio of projects from marketing to construction, and through the warranty period, engaging in frequent site visits to monitor projects' progress
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Responsible for the framework of prudent underwriting policies and practices,
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Recommends appropriate risk mitigating steps to help control risk on ongoing condominium projects
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Maintains up-to-date knowledge of the residential real estate market, other Travelers' corporate products/services and cultivates business relationships with builders/developers, construction lenders, cost consultants, lawyers and other industry personnel
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Demonstrates a sense-of-urgency in prioritizing tasks and responds to builder/developers and other industry personnel in a clear and concise manner, demonstrating a high quality of customer service
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Actively participates as a team member through discussing underwriting concerns and issues with other team members and the National Vice President
Job Qualifications:
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Bachelor's degree and/or technologist degree in a related discipline. Equivalent combinations of experience, training and education will be considered.
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Awareness with the Ontario New Home Warranties Plan Act, the Condominium Act, 1998, land and residential development costs in the Greater Toronto Area, and construction lending practices
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Understanding of the Tarion Warranty Corporation's mandate and requirements for builders/developers
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Ability to read and comprehend budgets and financial statements.
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Understanding of construction drawings and plans would be an asset, though not a requirement
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Strong analytical, problem solving and decision making skills
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Develop strong customer service skills and productive client relationships in support of business objectives
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Excellent communication and interpersonal skills
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Strong computer skills, specifically Microsoft Office
We ask potential candidates to visit the TARION Warranty Corporation's (formerly ONHWP) web site at www.tarion.com and in a brief response (maximum one page), answer the following questions:
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Describe the role TARION plays in the Homebuilding Industry.
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List and describe four types of coverage for Condominium Purchasers under the Ontario New Home Warranties Plan Act.
All applicants must discuss decision to apply with your manager/supervisor first and then submit your resume quoting the job posting number, no later than end of business day on Friday December 21, 2007 to Human Resources.
External recruitment will coincide with this posting.
To apply for this position please quote the job posting number and forward your resume to Human Resources hrcanada@travelers.com Candidates will be reviewed by Human Resources. Only those applicants who meet the minimum qualifications will be recommended for interview to the hiring manager.
For further information please visit our website: www.travelerscanada.ca / www.travelersguarantee.com
