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- Tasks: Lead a dynamic MGA, driving growth and innovation in the insurance sector.
- Company: Join a rapidly growing Managing General Agent focused on transforming the insurance landscape.
- Benefits: Enjoy competitive salary, career development opportunities, and a vibrant team culture.
- Why this job: Be at the forefront of change, shaping the future of insurance with a passionate team.
- Qualifications: Proven leadership in insurance, strong understanding of MGA operations, and excellent communication skills.
- Other info: This role involves Senior Management Functions under FCA guidelines.
The predicted salary is between 43200 - 72000 £ per year.
Are you a visionary leader with a proven track record in the insurance sector, ready to take the helm of a dynamic and rapidly growing Managing General Agent (MGA)? Do you thrive on driving strategic growth, fostering innovation, and building high-performing teams? If you\’re passionate about shaping the future of insurance and making a significant impact, this is the opportunity you\’ve been waiting for. We\’re searching for an exceptional individual to lead our MGA, building on its success and steering it towards even greater achievements as a key member of our UK Executive team. it\’s a chance to be at the forefront of a pivotal period of expansion and transformation. If you\’re a results-oriented leader with a deep understanding of MGA operations, underwriting, and distribution, and you\’re eager to leave your mark on a forward-thinking organization, we encourage you to read on. As our Managing Director of the MGA, you\’ll: Define and execute the MGA strategy, aligning it with our long-term vision and maximizing its value. Drive profitable growth and financial performance, meeting targets and maintaining sound underwriting principles. Ensure compliance and regulatory adherence, while leveraging market trends for new commercial models. Lead and develop a high-performing team, fostering a customer-centric and innovative culture. Provide strategic input as a key member of the UK Executive team, accelerating overall business growth. Deeply knowledgeable about capacity agreements, delegated underwriting authority, and regulatory frameworks. Commercially astute, with a history of driving profitable growth, P&L management, and innovating new commercial models. An exceptional communicator and negotiator, capable of building and maintaining strong relationships with insurer partners. If you\’re applying for a role in which you\’ll performing Senior Management Functions under the Senior Manager and Certification Regime (SM&CR), you\’ll also be subject to enhanced check and referencing in accordance with the FCA\’s guidelines.
Innovation Management Executive employer: Simply Business
Contact Detail:
Simply Business Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Innovation Management Executive
✨Tip Number 1
Network with professionals in the insurance sector, especially those who have experience in managing general agents. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and innovations.
✨Tip Number 2
Research the specific challenges and opportunities facing MGAs today. Being well-informed will allow you to discuss relevant strategies and demonstrate your understanding of the market during interviews.
✨Tip Number 3
Prepare to showcase your leadership skills by gathering examples of how you've successfully built and led high-performing teams in the past. Highlight your ability to foster a customer-centric culture and drive innovation.
✨Tip Number 4
Familiarise yourself with the regulatory frameworks and compliance requirements that affect MGAs. This knowledge will be crucial in demonstrating your capability to ensure adherence while driving growth.
We think you need these skills to ace Innovation Management Executive
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in the insurance sector, particularly in MGA operations and strategic growth. Use specific examples that demonstrate your leadership skills and successful projects you've led.
Craft a Compelling Cover Letter: Your cover letter should reflect your passion for innovation in the insurance industry. Discuss how your vision aligns with the company's goals and how you plan to drive growth and foster a high-performing team.
Highlight Relevant Achievements: In both your CV and cover letter, emphasise your achievements related to P&L management, compliance, and developing new commercial models. Use metrics where possible to quantify your success.
Prepare for Interviews: If selected for an interview, be ready to discuss your strategic vision for the MGA and how you would lead the team. Prepare examples of how you've navigated challenges in the past and your approach to building strong relationships with insurer partners.
How to prepare for a job interview at Simply Business
✨Showcase Your Visionary Leadership
As an Innovation Management Executive, it's crucial to demonstrate your ability to lead with vision. Prepare examples of how you've successfully driven strategic growth in the insurance sector, highlighting specific initiatives that showcase your innovative thinking.
✨Understand MGA Operations Thoroughly
Make sure you have a deep understanding of Managing General Agent operations, underwriting, and distribution. Be ready to discuss how your knowledge can contribute to the company's success and how you can leverage market trends for new commercial models.
✨Emphasise Team Development
Since leading and developing a high-performing team is key to this role, come prepared with strategies you've used in the past to foster a customer-centric and innovative culture. Share specific examples of how you've motivated teams to achieve their goals.
✨Prepare for Regulatory Discussions
Given the importance of compliance and regulatory adherence in this position, brush up on relevant regulations and frameworks. Be ready to discuss how you've navigated these challenges in previous roles and how you plan to ensure compliance while driving growth.
