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MGA Operations Manager - Bloodstock Insurance

Posted 1 day ago by ARC IT Recruitment

The Role

This is a hands-on operations leadership role covering binders, governance, claims, bordereaux, finance, and underwriting support functions across a specialist MGA book.

You will have genuine scope to shape and improve how the operation runs.

Key Responsibilities

  • Binder management: audits, adherence to terms, performance reporting, profit commission, renewals and mid-term adjustments, binder broker liaison
  • Governance: product oversight, sanctions checking, internal audit (incl. 2nd line assurance), tax, peer review, underwriting authority level management
  • Claims: loss funds, payments, fee payments and recoveries, SLA monitoring
  • Bordereaux: production accuracy, disbursement and recuperation of funds, reconciliation of cumulative bordereaux
  • Finance: aged debt, unallocated cash and query management
  • Underwriting support: data entry accuracy, exception reporting, control monitoring (policy issuance, contract certainty), profit commission review, chairing team meetings
  • Technology: managing 3rd party supplier relationships, system testing and validation, change management

Candidate Requirements

  • Proven MGA, coverholder, or delegated authority operations experience (specialty/niche lines background welcome - bloodstock experience not essential)
  • Strong understanding of bordereaux, binder management, and insurance governance/compliance
  • Comfortable managing multiple concurrent processes and stakeholders
  • Self-starter mentality, able to work autonomously as the role evolves
  • Available immediately or on short notice

Package

  • Fixed Term Contract
  • £90,000+ base salary, dependent on experience
  • Immediate start required
Rate:
£90,000/year
Location:
London
IR35 Status:
Fixed-Term
Remote Status:
Hybrid
Industry:
Project Management
Seniority Level:
Not Specified

Take-Home Pay

£5,250 per month

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