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VP of Claims Salaries in Thunder Bay, ON

• What is the average VP of Claims salary for Thunder Bay, ON?
  How much does a VP of Claims in Thunder Bay, ON make? The median annual VP of Claims salary in Thunder Bay, ON is C$277,960, as of September 23, 2026, with a range usually between C$242,266-C$346,182 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title VP of Claims may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title VP of Claims in Thunder Bay, ON.

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• About this chart
  This chart describes the expected percentage of people who perform the job of VP of Claims in Thunder Bay, ON that make less than that salary. For example 50% of the people who perform the job of VP of Claims in Thunder Bay, ON are expected to make less than the median.
  Source: HR Reported data as of September 23, 2026

• Job Description for VP of Claims
  Plans and directs the claims function to ensure efficient, accurate, and cost-effective handling and resolution of claims. Establishes claims policies, performance standards, and operational objectives across all lines of business. Leads a senior team of directors and managers responsible for claims adjudication, investigation, litigation, and settlement. Develops and monitors key performance indicators, loss reserves, and departmental budgets to control costs and improve outcomes. Ensures compliance with applicable state and federal insurance regulations and internal governance standards. Drives technology adoption, process improvement, and talent development to enhance service quality and operational efficiency. Requires a bachelor's degree. Typically reports to top management. Manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. View full job description

• Similar Job titles to VP of Claims
  • Claims Adjuster II - P&C
  • Claims Clerk I
  • Claims Clerk II
  • Claims Clerk III
  • Claims Clerk IV
  • Claims Examiner I
  • Claims Examiner II
  • Claims Examiner III

• Level of Education
  • VP of Claims Salaries with a Bachelor's Degree
  • VP of Claims Salaries with a Master's Degree or MBA
  • VP of Claims Salaries with a JD, MD, PhD or Equivalent

• Most Popular Cities for VP of Claims in Canada
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• Categories that include VP of Claims
  • Insurance
  • Executive and Management
  • Financial Services

• VP of Claims Salaries by Province in Canada
  • Alberta
  • British Columbia
  • Manitoba
  • New Brunswick
  • Newfoundland and Labrador
  • Nova Scotia
  • Northwest Territories
  • Nunavut
  • Ontario
  • Prince Edward Island
  • Quebec
  • Saskatchewan
  • Yukon

• Insurance Jobs by Salary Range
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  • >$100K