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- Tasks: Lead and grow a niche UK Managing General Agent, driving product development and distribution.
- Company: Join a well-established London-based MGA with a strong track record in profitable premium income.
- Benefits: Equity opportunity with potential for significant financial growth before 2030.
- Why this job: Be part of an entrepreneurial team focused on innovation and long-term relationships in the insurance sector.
- Qualifications: Must have senior management experience in a UK MGA and possess strong leadership skills.
- Other info: This role offers a chance to shape the future of the business and make a real impact.
The predicted salary is between 72000 - 108000 £ per year.
Having achieved a significant expansion of profitable premium income over recent years, this well-established London based Managing General Agent is to appoint a Managing Director in order to drive their growth objectives.
The existing management and shareholding team have focused on underwriting several niche UK risk profiles to date, whilst also establishing long term relationships with their supporting capacity providers. The new Managing Director of this MGA will be particularly responsible for growing the business to the next level.
In addition to leading the underwriting teams, you will create and develop new products and build distribution networks. You will need to have successful senior management experience within a UK MGA, be entrepreneurial and a natural leader. It’s anticipated that an equity event will be closed before 2030.
Contact Detail:
IPS Group Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Managing Director; UK Niche MGA (Equity opportunity)
✨Tip Number 1
Network with industry professionals who have experience in managing general agents. Attend relevant conferences and events to meet potential contacts who can provide insights or even referrals for the Managing Director position.
✨Tip Number 2
Research the current trends and challenges within the UK MGA market. Being well-informed will not only help you in discussions but also demonstrate your commitment and understanding of the business landscape to potential employers.
✨Tip Number 3
Showcase your entrepreneurial spirit by discussing past experiences where you've successfully led teams or launched new products. Prepare specific examples that highlight your leadership skills and ability to drive growth.
✨Tip Number 4
Engage with the existing management team of the MGA, if possible. Understanding their vision and how you can align with their goals will give you a competitive edge and show your genuine interest in the role.
We think you need these skills to ace Managing Director; UK Niche MGA (Equity opportunity)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your senior management experience within a UK MGA. Focus on your achievements in driving growth, leading teams, and developing products that align with the job description.
Craft a Compelling Cover Letter: In your cover letter, express your entrepreneurial spirit and leadership qualities. Discuss specific examples of how you've successfully managed teams and grown businesses in the past, and explain why you're excited about this opportunity.
Highlight Relevant Skills: Emphasise skills that are crucial for the role, such as strategic thinking, relationship building with capacity providers, and product development. Use concrete examples to demonstrate these skills in action.
Showcase Your Vision: Articulate your vision for the future of the MGA in your application. Discuss how you plan to drive growth and what innovative strategies you would implement to achieve the company's objectives.
How to prepare for a job interview at IPS Group Ltd
✨Showcase Your Leadership Skills
As a Managing Director, you'll need to demonstrate your ability to lead and inspire teams. Prepare examples of how you've successfully managed teams in the past, focusing on your leadership style and the outcomes of your initiatives.
✨Understand the Niche Market
Familiarise yourself with the specific niche risk profiles that the company focuses on. Be ready to discuss how your experience aligns with their current offerings and how you can contribute to expanding their product range.
✨Highlight Your Entrepreneurial Spirit
This role requires an entrepreneurial mindset. Share instances where you've identified opportunities for growth or innovation in previous roles, and explain how you plan to apply this approach to drive the company's objectives forward.
✨Prepare for Equity Discussions
Since there's an anticipated equity event before 2030, be prepared to discuss your views on equity structures and how you envision contributing to the company's growth in this context. This shows your long-term commitment and strategic thinking.
