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Board Director Recruitment (CPA Required) — The Portage Mutual Insurance Company (PMIC)

Canada-wide search | Independent Director

About PMIC

The Portage Mutual Insurance Company (PMIC) is a proudly Canadian-owned mutual insurer dedicated to providing peace of mind to policyholders. We are guided by a vision to be the most trusted mutual insurer in Canada and values of integrity, mutuality, peace of mind, progressive thinking, and reliability.

PMIC is seeking to appoint a new Director to its Board. We are conducting a Canada-wide search for an accomplished leader who holds a Chartered Professional Accountant (CPA) designation and brings strong financial acumen, mature business judgment, and a values-driven approach to governance.

The Director Role

Confidence in PMIC is rooted in the trust and character of the individuals who serve on our Board. PMIC expects every Director to demonstrate integrity, expertise, diligence, honesty, positive faith, independence, and professionalism.

What We're Looking For

The ideal candidate will have:

- CPA designation, strong financial literacy and financial oversight (required); experience in enterprise risk, audit, capital investment and financial oversight will be considered a strong asset.
- Completion of recognized director education (such as the ICD.D or C. Dir designation) is considered a strong asset.
- Strong understanding of insurance industry financial reporting (such as IFRS 17).
- Prior Board experience (required); board experience in mutual and/or cooperative organizations will be considered a strong asset.
- Financial services regulatory experience (e.g. Office of the Superintendent of Financial Institutions) will be considered a strong asset.
- A record of significant achievement and leadership in your field.




- A reputation for sound and mature business judgment.
- Experience and expertise relevant to PMIC’s business and/or the broader financial services environment.
- The ability to bring independent judgment and add strategic value in Board deliberations.
- The commitment to devote the necessary time and attention to Board responsibilities.

Board Fit

PMIC’s Board values directors who are pragmatic, community‑minded, and comfortable balancing financial discipline with long-term stewardship obligations inherent in the mutual model.

Meeting Format & Compensation

This is a paid, hybrid Board appointment. Board and committee meetings are held both virtually and in person. Directors must be able to travel for in-person meetings as needed. Reasonable travel and related expenses are reimbursed in accordance with PMIC policy.

Director remuneration is competitive and aligned with market practice for mutual insurance organizations of comparable scale and revenue, consistent with PMIC’s director compensation approach.

Commitment to Diversity

PMIC values a Board composed of Directors with diverse perspectives, lived experiences, skills, and backgrounds. We encourage applications from individuals who will contribute to the strength and diversity of Board leadership.

How to Apply

Please submit:

- A cover letter outlining your interest and relevant governance/financial expertise.
- A résumé or CV (including Board/committee experience).
- Confirmation of CPA designation and current good standing.

Please send your application in confidence to:

Subject line: “PMIC Director Recruitment – CPA”

Application deadline: May 15, 2026

Only those selected for further consideration will be contacted. PMIC thanks all applicants for their interest.

Apply on Kit Job: kitjob.ca/job/2fss49

📌 Board Director (Canada)
🏢 Portage Mutual Insurance
📍 Canada