Vertical Recruitment Limited

Senior Commercial Manager - Surety Loss Adjuster

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Job Location

Rusholme, United Kingdom

Job Description

Are you a site-based Senior Quantity Surveyor or Commercial Manager looking for a new challenge? Or perhaps a move away from mainstream QS'ing but still retaining your commercial skills? We have a unique opportunity for a highly experienced Commercial Management professional for our Construction Client within their Surety Loss Adjuster team. The candidate will be trained to serve and advise the surety market, working closely with a legal team specialising in construction and surety matters.
The Company:
A leading Property and Construction company based in Greater Manchester who provide support services to Banking and Asset Based Lending institutions.
They offer a range of standard and bespoke solutions to assist informed lending to clients where the primary source of security is in relation to monies due under contractual arrangements, including construction.
Key Responsibilities:
· Conduct reviews of contract bonds and documents.
· Visit sites to assess the current state of construction projects.
· Provide advice on mitigating losses and assist with the procurement of completion contracts.
· Liaise with insolvency practitioners to manage contractor obligations.
· Advise employers on contractual entitlements following contract termination.
· Assess damages claims against sureties and provide strategic guidance.
· Draft comprehensive reports and recommendations for surety clients.
· Collaborate with solicitors and guide clients through the legal aspects of claims.
· Negotiate claim settlements and draft settlement agreements.
· Manage disputes and provide commercial solutions to settle accounts for insolvent contractors or subcontractors.
Key Qualifications:
· Extensive experience (10-20 years) as a Senior Commercial Manager or Consultant in the construction sector.
· Strong familiarity with a variety of construction contract forms and legal frameworks.
· Excellent communication skills with a proven ability to build relationships quickly with claimants, clients, and legal professionals.
· A commercial approach to investigating and resolving claims.
· Proficient in report writing and delivering clear, actionable recommendations.
· Ability to work independently and manage detailed reviews of contractor obligations.
· Experience managing disputes and interacting with solicitors is highly desirable.
· Willingness to travel for periodic site visits across the UK.
Good interpersonal skills will be required with an ability to write clear and coherent reports for Clients. Travel throughout the UK will be a feature of this role as will an ability to work under pressure whist adhering to tight deadlines. Qualification by experience will also be considered as a substitute for formal qualifications. Relevant training and support will be provided as required.
Salary range £65,000 - £85,000, company car or allowance, private medical insurance, pension scheme and a range of additional benefits - dependent upon experience

Location: Rusholme, GB

Posted Date: 10/21/2024
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Vertical Recruitment Limited

Posted

October 21, 2024
UID: 4892281333

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