NOTICE OF ANNUAL GENERAL MEETING of the PRINCE EDWARD ISLAND MUTUAL INSURANCE COMPANY

3/22/2023

The Annual Meeting of the Members of the Prince Edward Island Mutual Insurance Company for the 2022 year will be held at The Oval, above Red Shores at Summerside Raceway, 55 Greenwood Drive, Summerside, PEI on the 11th day of April, 2023, beginning at 2:00 p.m.

The purpose of the meeting is to receive the financial statements and the auditor's report for 2022; to elect directors; to appoint auditors; and to transact business of the 2022 Annual Meeting.

Please check our website for updates in advance of the Annual Meeting.

A copy of PEI Mutual's Annual Report for 2022 is available on our website or by contacting head office.

Josh Toombs,
Corporate Secretary

Controller Position

2/23/2023

Professional, highly organized, excellent attention to detail, high degree of ethics, and excellent communication skills - if this sounds like you, PEI Mutual Insurance Company would love to hear from you!

PEI Mutual Insurance Company was founded over 137 years ago. With roots in our Island's primary resources, we're proud to be PEI's largest property and casualty insurer. We currently employ 59 dedicated team members who collectively contribute over 630 years of experience and expertise to our great Island company!

Position Overview: Reporting to the Manager, Finance & Administration, the Controller is a senior member of our accounting team responsible for closely monitoring the Company's financial health. A strong communicator and skilled financial analyst, you'll be responsible for providing comprehensive updates to senior management by evaluating, analyzing, and reporting on appropriate financial and operating data. Additionally, you will be responsible for developing and maintaining internal control policies and procedures and monitoring day-to-day accounting processes.

We offer:

• A 37.5-hour work week
• A beautiful, safe, spacious and respectful work environment
• Paid vacation, generous sick and medical leave benefits
• Dental, health, and vision care benefits paid by the company
• One of PEI's best defined-contribution pension plans (RRSP) matched by the company
• Various employee well-being initiatives and wellness challenges
• Insurance education and development opportunities
• The opportunity to work with an inspiring team of co-workers

• Plan, direct and coordinate all accounting operational functions
• Monitor and evaluate internal controls on an ongoing basis
• Ensure regulatory compliance as required
• Prepare and analyze monthly financial statements and reports
• Ensure data integrity within all financial reporting throughout the organization
• Coordinate and oversee all month-end and year-end close procedures
• Engage with external auditors to coordinate year end cut-off procedures
• Oversee and execute accounting activities including AP, AR, journal entries and payroll
• Hire, onboard, supervise, train, coach, support, and develop both Accounting and Administration Team
• Design, develop, implement, and evaluate processes, policies and procedures
• Provide HR support and other administrative duties as required

• Post-secondary education in Business, Accounting, or related discipline
• A professional Accounting designation (CPA), would be considered an asset
• Minimum 5 year's experience in a senior accounting role
• Proficiency working with agile accounting and financial database systems
• Strong interpersonal and communication skills
• A high standard of ethical and professional behavior
• Self-motivated and self-directed
• Previous experience in supervising direct-report staff
• Your values align with PEI Mutual's core values:
  • We listen and respond to our members' needs;
  • We behave with integrity;
  • We treat each other with dignity and respect;
  • We support, motivate and engage our talent;
  • We continuously improve and innovate;
  • We give back to the local communities we serve; and
  • We are accountable collectively and individually.

Claims Coordinator Position

2/23/2023

Are you a creative, highly organized, and efficient team player with excellent problem-solving skills?

We are looking for a Claims Coordinator to join our team. If you take pride in your strong interpersonal skills, your ability to learn quickly, and attention to detail, PEI Mutual Insurance Company would love to hear from you!

PEI Mutual Insurance Company was founded over 137 years ago. With roots in our Island's primary resources, we're proud to be PEI's largest property and casualty insurer. We currently employ 59 dedicated team members who collectively contribute over 630 years of experience and expertise to our great Island company!

We offer:

• A 37.5-hour work week
• A beautiful, safe, spacious and respectful work environment
• Paid vacation, generous sick and medical leave benefits
• Dental, health, and vision care benefits paid by the company
• One of PEI's best defined-contribution pension plans (RRSP) matched by the company
• Various employee well-being initiatives and wellness challenges
• Insurance education and development opportunities
• The opportunity to work with an inspiring team of co-workers

• Facilitate seamless day-to-day operations and smooth coordination of claims services
• Make suggestions and decisions concerning the efficient coordination of resources to ensure high level of member service
• Logistics and coordination of various meetings and Claims Team training
• Conduct research and create reports based on the needs of the Claims Department
• Update and maintain the company's Hurricane & Natural Disaster Preparedness Plan
• Provide support to Claims Representatives, Adjusters, and Equipment Appraiser in the field with new technology and reporting processes
• Respond to internal and external inquires and maintain positive communication
• Receive, prepare, and direct correspondence, letters, documents, and emails
• Observe, review, and analyze processes to improve procedures and workflows for optimal productivity
• Liaise with a variety of stakeholders to foster excellent working relationships and cohesion across the organization
• Keep current on industry trends, and best practices
• Various other special projects and duties including continuous improvement initiatives, as assigned

• Professional with strong customer-oriented focus
• Team-oriented, reliable, and well organized
• Ability to provide and receive constructive feedback
• Excellent attention to detail, time management, and problem solving skills
• Positive ambitious attitude, with excellent communication and interpersonal skills
• Confidential with ability to handle sensitive information with discretion
• Your values align with PEI Mutual's core values:
  • We listen and respond to our members' needs;
  • We behave with integrity;
  • We treat each other with dignity and respect;
  • We support, motivate and engage our talent;
  • We continuously improve and innovate;
  • We give back to the local communities we serve; and
  • We are accountable collectively and individually.

Claims Adjuster Western PEI Position

2/23/2023

Are you looking for a rewarding career with a growing and successful Island company that provides attractive compensation and benefits? We are looking for a Claims Adjuster to join our Claims Team. If you take pride in your attention to detail, professionalism, analytical and people skills, PEI Mutual Insurance Company would love to hear from you!

PEI Mutual Insurance Company was founded over 137 years ago. With roots in our Island's primary resources, we're proud to be PEI's largest property and casualty insurer. We currently employ 59 dedicated team members who collectively contribute over 630 years of experience and expertise to our great Island company!

Position Overview: Reporting to the Claims Manager and serving as a member of the Claims Team, this position provides the opportunity to assess and settle claims in a fair and efficient manner. The successful candidate will primarily serve our policyholders in the Western portion of PEI, identified in the map below.

We offer:

• A 37.5-hour work week
• A beautiful, safe, spacious and respectful work environment
• Paid vacation, generous sick and medical leave benefits
• Dental, health, and vision care benefits paid by the company
• One of PEI's best defined-contribution pension plans (RRSP) matched by the company
• Various employee well-being initiatives and wellness challenges
• Insurance education and development opportunities
• The opportunity to work with an inspiring team of co-workers

• Provide a consistently high level of service to our members
• Investigate, evaluate, analyze, negotiate, and deliver consistent, fair and prompt settlement of claims
• Evaluate coverages to determine claimable loss or damage
• Prepare and maintain accurate reports and effective settlements
• Adjust both property damage and legal liability claims
• Recommend and maintain proper reserves
• Consult and coordinate with experts such as lawyers, engineers, architects, and contractors
• Keep current on industry trends, and best practices

• Professional with strong customer-oriented focus
• Excellent attention to detail, time management, and problem solving skills
• Positive ambitious attitude, with excellent communication and interpersonal skills
• Work well independently, set and maintain own schedule, with ability to manage multiple files
• A self-starter, detail oriented, well organized, and decisive with strong analytical and negotiation skills
• Respectful of confidentiality and a well-defined sense of diplomacy and ethics
• Committed to continuous insurance education and development opportunities
• Adaptable, and available to serve our members outside of usual working hours
• Prior insurance claims handling experience is considered an asset
• A broad knowledge of Prince Edward Island, its people, and industries
• Possess a valid driver's license
• Your values align with PEI Mutual's core values:
  • We listen and respond to our members' needs;
  • We behave with integrity;
  • We treat each other with dignity and respect;
  • We support, motivate and engage our talent;
  • We continuously improve and innovate;
  • We give back to the local communities we serve; and
  • We are accountable collectively and individually.