VP, Surety Solutions

Tokio Marine Canada Ltd; Toronto; On-site; CAD 180,000 - 240,000; Full time

Job summary

Tokio Marine Canada Ltd seeks a VP, Surety Solutions to lead and grow the surety business in Ontario and Atlantic Canada. You will partner with the Surety leadership group to set strategy, oversee operations, underwriting discipline, and broker relations, while promoting the TMCan brand nationwide.

The role requires robust leadership, financial acumen, and deep surety knowledge, with a willingness to travel and work in a hybrid model across Canada.

Qualifications

• Bachelor’s degree in Business or related field preferred.
• Minimum 10 years of experience in Surety with direct people leadership experience.
• Strong leadership, financial acumen, underwriting and risk management capabilities.
• Ability to partner with staff across different lines of business.
• Excellent organizational skills and attention to detail.
• Strong written and verbal communication skills.
• Bilingual English/French preferred but not required.

Responsibilities

• Develop and execute the strategic direction for Ontario and Atlantic Canada in alignment with national priorities.
• Lead day-to-day surety operations for Ontario and Atlantic Canada with consistent underwriting practices.
• Provide leadership, analysis, and insights on regional performance using data and reports.
• Build and manage broker relationships and collaborate with the Surety team on broker strategy.
• Promote the Tokio Marine Canada brand across business units and external partners.

Skills

Leadership

Financial acumen

Communication skills

Underwriting knowledge

Collaboration

Microsoft Office

Bilingual English/French

Education

Bachelor’s degree in Business or related field

Tools

Microsoft Office

Job description

Tokio Marine Canada (TMCan) is a Canadian early-stage entrepreneurial commercial P&C insurer based in Toronto. We partner with select brokers to deliver tailored business insurance solutions across Canada. As part of the Tokio Marine Group, we are able to collaborate under a shared framework while maintaining autonomy and local decision-making.

We support Canadian businesses in taking smart risks by delivering practical insurance solutions and exceptional service through trusted broker partnerships.

The Opportunity

Working closely with business leaders and your peers, we are looking for a VP, Surety Solutions. You will be instrumental in leading and building out the surety business in Ontario and Atlantic Canada, through working collaboratively with the Tokio Marine Canada Surety unit. Our focus is simple - create the best team of professionals in the business. If you enjoy the excitement, challenges and rewards that come with creating better ways to do business, this may be the opportunity for you.

What You Will Be Doing

Strategy, Broker Management and Brand promotion

• Partner closely with the Senior Vice President and the Surety Leadership Group to develop and execute the strategic direction for Ontario and Atlantic Canada, aligned with national surety priorities.
• Help lead the day-to-day surety operations for Ontario and Atlantic Canada, promoting consistent underwriting practices, strong execution, accountability and effective communication across the team.
• Provide leadership, analysis, and insight for the Ontario and Atlantic Canada regions by monitoring the competitive landscape, optimizing risk selection, and enhancing the company's competitive position.
• Ownership over budgeting, identifying critical success factors and ensuring goals are being met.
• Demonstrate a comprehensive understanding of overall line of business performance through analysis of reports while taking strategic actions to improve results.
• Proactively work with broker partners to strengthen relationships and ensure business plans are met.
• Build and manage select broker relationships.
• Working closely with surety team in building and implementing broker strategy.
• Promoting the Tokio Marine Canada brand, working closely with various business units including Commercial Insurance and ProFin.
• Travel to various regions on a regular basis. Participate in various broker and industry events as required.
• Evaluate new risks through thorough analysis to determine acceptability and pricing.
• Analyze financial statements, capacity, collateral and character of new surety opportunities.
• Analyze and review projects, approving within given authority, or recommending approval or denial of surety bonds.
• Conducting ongoing review and management of surety portfolio, ensuring accounts information is current with action items being followed up.
• Work with surety team in creating and improving systems and processes, with focus on continued efficiencies.
• Help assist underwriting efforts and decision making across country where needed.
• Support marketing, legal and claims services when required.
• Working closely and collaboratively with Surety Team across Canada.
• Foster a collaborative, inclusive and high-performance culture by building trust, encouraging open dialogue and working effectively within the surety team.
• Lead and mentor younger underwriter(s) to ensure continuous professional development and high performance.
• Perform ongoing talent management, including hiring, mentoring, training, performance management, and recognition.

Who You Are

You are an experienced Surety leader. You are a team player with a positive attitude who thrives in a consensus culture with an emphasis on collaboration. You are a self-starter who is excited by the opportunity to jump right in and can come up to speed quickly. You are comfortable working on a lean team and are not afraid to roll up your sleeves and do the work that needs to be done.

What you Bring:

• University Bachelor’s Degree, Business or related preferred.
• Minimum 10 years of experience in Surety, with direct people leader experience
• Strong leadership skills to motivate, develop, and manage performance for results.
• Strong financial acumen and the ability to use data to drive decision-making.
• Extensive understanding of business, underwriting, and corporate risk management and mitigation methods.
• The ability to partner with our staff within different lines of business.
• A high level of organizational skills and attention to detail.
• A proven ability to manage multiple priorities and meet deadlines, driving for results.
• Thought leadership and can innovate solutions quickly.
• Strong written and verbal communication skills.
• Experience working closely with others and enjoy an atmosphere of cross-collaboration.
• The ability to thrive in a fast paced and changing environment and be comfortable with ambiguity.
• Proficiency in Microsoft Office (Word, Excel, Powerpoint, Teams, and Outlook).
• Bilingual (English/French) preferred but not required.

This posting is for an existing vacancy at Tokio Marine Canada.

Tokio Marine Canada may use AI tools during the recruitment process to assist with screening, assessment or selection of applicants for a position.

Life at Tokio Marine Canada

At TMCan, we’re a relationship company. We value collaboration, innovation, and inclusion, where every voice matters and every team member makes an impact. We believe in flexibility, authenticity, and growth: because when our people thrive, so does our business. TMCan offers the unique opportunity to work side by side with senior leaders, gaining direct exposure to strategic decision-making and business planning.

Our CARE values guide everything we do:

Collaborative:

We communicate openly, support one another, and work as one team.

Achieving Excellence:

We challenge the status quo and exceed expectations.

Responsive:

We anticipate needs and deliver timely, exceptional service.

Ethical & Respectful:

We act with integrity and empower our people to do the right thing.

Our Commitment to an Inclusive and Respectful Workplace

At TMCan, we are deeply committed to fostering a culture of equity, diversity, and inclusion. We strive to create a workplace where every individual is welcomed, respected, and valued for their unique identity and perspective. By embracing our differences and learning from one another, we aim to build a positive and empowering environment for all.

Tokio Marine Canada was proudly recognized as one of the Best Places to Work in Canada by Canadian HR Reporter in 2024.

We work in a hybrid model, and you should expect to split your time between working in the office and working remotely, with flexibility based on the role and the business needs. We currently have an office in downtown Toronto and will eventually be establishing offices in other provinces. Should you currently work in a province where we do not have an office, you will remain remote until such time as we do establish an office.

Tokio Marine Canada is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if TMCan hires that candidate.