President and CEO

  • Location: Sussex
  • Posting Date: July 28, 2022
  • Job Order ID: CEO
  • Consultant: Paul Melanson
  • Industry: Insurance

President and Chief Executive Officer

THE OPPORTUNITY

Carleton-Fundy Mutual Insurance in Sussex, NB has asked the search team at MacDonald Search Group lead by Paul Melanson to assist in the hiring of their new President and CEO.
You will have a unique opportunity to build on a solid foundation while strategically moving Carleton Fundy Mutual to the next level of growth and profitability. As a strategic visionary, you embody the values that transcend the ‘Mutual System’ and are comfortable questioning the status quo as well as empowering change. You make decisions rooted in facts and thorough analysis and empower those around you to take initiative.

You nurture and maintain an open and transparent relationship with the Board of Directors by providing frequent and timely reports on strategic, operational, and insurance policy matters impacting the organization and, by extension, the policy holders. Finally, you have a passion to make a difference within your community and want to be part of something bigger.

If this sounds like you, your areas of focus will include the following:
  • Strategic Planning
  • Financial Leadership
  • Board Advisor and Collaborator
  • Employee Engagement and Empowerment
  • Regulatory Compliance, Governance, and Risk Management
  • External Representation
COMPANY BACKGROUND

Carleton Fundy Mutual Insurance Company is a residential, auto, farm, insurance company that serves central and southern areas of New Brunswick. The spirit behind mutual insurance is supportive and helpful. It is about looking out for the greater good — and that is what makes Carleton Fundy different. Carleton Mutual Insurance Co. and Fundy Mutual Insurance Co amalgamated in 2018 after both companies had been in business separately for approximately eighty years.
Carleton Fundy aspires to be “a competitive, fair, and responsible mutual insurance organization that embraces new technologies and growth. Our people operate within a culture of outstanding service and innovation to provide an exceptional stakeholder experience.”

The Company underwrote 6.5 to 7 million dollars in 2021.

EXPERIENCE and COMPETENCIES:
  • A minimum of five years’ management experience working in the property and casualty insurance industry, or related financial services, with demonstrated success in building cohesive, engaged, and motivated teams.
  • A minimum of two years’ experience working closely with a Board of Directors.
  • Proven leadership skills – confident, persistent, empathic, persuasive and motivating. Able to delegate and be hands-on, when necessary.
  • Several years’ profitable ‘P & L’ experience, for a business unit/company.
  • Data-driven mindset with strong analytical and quantitative skills.
  • Demonstrated passion for community involvement.
  • Proficient in Microsoft Office with advanced Excel skills.

EDUCATION:
  • Chartered Insurance Professional designation (CIP and/or FCIP).
  • MBA and/or accelerated designation, or equivalent experience.

COMPENSATION
Compensation will be commensurate with background and experience and will include a base salary, variable performance incentives, and benefits.

Please reach out to Paul Melanson with resume at MacDonald Search Group at paulm@macdonaldsearchgroup.com to schedule an interview