At a Glance
- Tasks: Lead a dynamic MGA, driving growth and innovation while building high-performing teams.
- Company: Join a rapidly growing Managing General Agent at the forefront of the insurance sector.
- Benefits: Enjoy competitive pay, career development opportunities, and a vibrant work culture.
- Other info: This role is regulated by the FCA, ensuring compliance and adherence to industry standards.
- Why this job: Shape the future of insurance and make a significant impact in a pivotal leadership role.
- Qualifications: Proven leadership experience in MGA or insurance, with strong commercial acumen and strategic thinking.
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.
This isn’t just a leadership role; it’s a chance to be at the forefront of a pivotal period of expansion and transformation. You’ll be instrumental in developing and executing our strategic vision, expanding our market reach, and cultivating strong relationships with brokers and capacity providers. 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.
- Cultivate and strengthen key relationships with capacity providers, external suppliers, and strategic partners.
- 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.
We’re looking for someone who is:
- A seasoned leader with a proven track record at Director or Head of Underwriting/Operations level within an MGA or insurer with substantial delegated authority.
- 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.
- A strategic thinker who can translate vision into actionable plans and inspire, lead, and develop teams.
- Results-oriented, proactive in problem-solving, and thrives in an ambiguous, fast-paced environment.
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.
Ready to lead our MGA into its next phase of success? If you’re an ambitious and experienced leader seeking a challenging yet rewarding opportunity to shape the future of small business underwriting, we want to hear from you. Apply now and become a vital part of our future!
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#J-18808-LjbffrManaging Director, MGA in London employer: Simply Business
As a Managing Director at our dynamic MGA, you will be part of a forward-thinking organisation that prioritises innovation and strategic growth. We foster a collaborative work culture that encourages professional development and empowers leaders to make impactful decisions. With a focus on building high-performing teams and cultivating strong relationships within the insurance sector, this role offers a unique opportunity to shape the future of small business underwriting in a supportive and ambitious environment.
StudySmarter Expert Advice🤫
We think this is how you could land Managing Director, MGA in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Simply Business). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Simply Business. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Managing Director, MGA in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Simply Business.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Simply Business. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Simply Business
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Simply Business to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Simply Business, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Simply Business's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
