Cayuga Mutual Insurance – Chief Financial Officer (CFO)

Employer: Cayuga Mutual Insurance

Location: Cayuga, Ontario

Employment Type: Full-time, Permanent

Status: Vacancy

Expected Compensation: Compensation will be based on experience and education and is expected to fall within the salary range of $100,000 to $140,000.

About Cayuga Mutual Insurance

Cayuga Mutual Insurance is a member-owned, community-focused insurer based in Cayuga, Ontario, proudly serving policyholders since 1875. Rooted in Ontario’s mutual tradition, we offer a full range of Home, Auto, Farm, and Commercial coverage, delivered by local agents who put our members first. As a pure mutual, we have no outside shareholders; our policyholders are at the heart of how we operate, and premiums stay in the community through local jobs and support. Celebrating 150+ years of service, we continue to invest in our neighbors and provide dependable protection for what matters most.

About the Role

As Chief Financial Officer (CFO), you will play a central role in shaping Cayuga Mutual’s financial strength, sustainability, and strategic direction. Reporting to the CEO/President as a key member of the executive leadership team, the CFO provides trusted financial counsel to the CEO/President and Board of Directors, oversees financial operations and the investment portfolio, and leads a finance team of two direct reports.

Cayuga Mutual is a financially strong, growth-oriented, membership-based property and casualty mutual insurer located in Cayuga, Ontario, with annual gross written premiums in excess of $17 million. Through a dedicated staff and agent distribution network, we provide high-quality insurance products and coverage for farm, automobile, commercial, and residential customers.

Job Duties

Report to the CEO/President and provide strategic financial advice to the CEO/President, Board of Directors, and executive leadership team.
Oversee all accounting, budgeting, forecasting, and financial reporting functions, ensuring accuracy, transparency, and compliance with Ontario insurance regulations.
Manage relationships with auditors, regulators, reinsurers, and other key stakeholders.
Provide strategic financial analysis to support decision-making across underwriting, claims, and operations.
Monitor and manage investment portfolios in accordance with corporate policy and risk appetite.
Lead, mentor, and develop two direct reports within the finance team, fostering a culture of accountability, collaboration, and continuous improvement.
Identify opportunities for operational efficiencies and technology adoption within financial processes.

What You Bring

Required Qualifications

CPA designation (CA, CMA, or CGA) with a minimum of 10 years of progressive financial leadership experience, ideally within the insurance or financial services sector.
In-depth knowledge of IFRS, FSRA regulations, and insurance industry financial practices.
Commitment to Cayuga Mutual’s values of integrity, community, and member service.

Preferred Assets

Proven track record in strategic planning, budgeting, and investment management.
Exceptional leadership skills with the ability to inspire and guide cross-functional teams.
Strong analytical and problem-solving abilities, with a focus on delivering actionable insights.
Excellent communication skills, capable of translating complex financial data into clear, strategic recommendations.

Benefits & Total Rewards

Cayuga Mutual offers a competitive total rewards package designed to support the wellbeing, financial security, and work-life balance of our employees. This includes generous vacation, a defined contribution pension plan with employer matching contributions, a comprehensive benefits package, and paid continuing education or professional development opportunities upon approval.

Work Model

We believe in flexibility balanced with connection. This role is primarily based at our head office, with opportunities for hybrid work arrangements. Regular in-person collaboration with the executive team, board of directors, and staff is essential to maintaining our strong culture and member focus.

How to Apply

Please email your resume and a cover letter to gperkins@cayugamutual.com with the subject line “Chief Financial Officer Candidate – Your Name.”

Applications will be reviewed on a rolling basis.

Diversity, Inclusion, Accessibility & Pay Equity

Equal Opportunity & Human Rights - Cayuga Mutual is an equal opportunity employer. We are committed to a workplace and recruitment process free from discrimination and consistent with the Ontario Human Rights Code. We welcome applicants from all backgrounds.

Accessibility (AODA) – Recruitment & Selection. We are committed to an inclusive, barrier-free recruitment and selection process in accordance with the Accessibility for Ontarians with Disabilities Act (AODA). Accommodation is available upon request for candidates participating in all aspects of the selection process.

Pay Equity & Equal Pay - Cayuga Mutual complies with Ontario’s Pay Equity Act and the Employment Standards Act requirements for equal pay for equal work. We maintain compensation practices designed to support pay equity for substantially similar work.

Transparency & Candidate Communication (ESA) - This posting includes the expected compensation range and vacancy status. Cayuga Mutual may use artificial intelligence to screen, assess, or select candidates. We will notify all interviewed candidates of the hiring decision within 45 days of their final interview.

Cayuga Mutual

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