Insurance Industry Leader
4 days ago
We are seeking an experienced Insurance Industry Leader to join our team as the Head of MGA. This key role will be responsible for developing and maintaining relationships with Managing General Agents (MGAs) to support business retention and acquisition.
About the Role- Develop and maintain strong relationships with MGAs to drive business growth and retention.
- Work closely with the MGA team to provide tailored insurance solutions that meet the needs of our clients.
- Lead a team of Underwriters and assist in training and developing staff to ensure they have the skills and knowledge required to excel in their roles.
- Collaborate with other functional areas, such as Actuarial, Finance, Technical UW, Operations, Claims, Legal, and Compliance, to successfully onboard new MGAs.
To be successful in this role, you will need:
- A Bachelor's Degree and 10+ years of experience in the Underwriting, Market Facing, Broker, Carrier, or Risk Management area within the Commercial Insurance industry.
- OR A Bachelor's Degree with 20+ years of experience in Claims or Underwriting Support area within the Commercial Insurance industry.
- AND Experience in a specialized line of business or segment.
- 2+ years of people management experience.
- Advanced knowledge and practice of lines of business.
- Strategic planning and execution experience.
- Strong team building and organization skills.
- Strong verbal and written communication skills.
- Strong negotiation skills.
- Experience managing complex portfolios.
- Technical knowledge of insurance industry operations and processes.
- Knowledge in risk selection and strategic components of anticipating the market environment.
- CPCU certification.
The salary for this position is estimated to be around $120,000 - $150,000 per year, depending on location and experience. In addition to a competitive salary, we offer a comprehensive health benefits package, including medical, dental, and vision coverage, as well as a 401(k) retirement plan with company match. We also offer opportunities for professional development and growth within the company.
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