Europe Head of MGAs (m/f/d)

Michael Page; Madrid; Hybrid; EUR 80,000 - 120,000; Full time

Benefits offered by this job

Health insurance

Pension plan

Flexible working model

Job summary

Michael Page is seeking an Executive to lead the MGA strategy across EMEA from its Madrid office. The selected candidate will be pivotal in driving profitable growth and ensuring alignment with partners across various markets.

This role requires a strong background in insurance, particularly with MGAs, along with 10+ years of relevant experience. The position offers a competitive package, including flexible working options and opportunities for career development in an international environment.

Qualifications

• 10+ years' experience in insurance, with exposure to underwriting, distribution, or partnerships.
• Strong experience with MGAs and/or broking.
• Fluent English required.

Responsibilities

• Define and execute the MGA channel strategy.
• Lead due diligence and onboarding of new MGA partners.
• Manage operational, regulatory, and reputational risks within the channel.

Skills

Leadership

Negotiation

Portfolio Management

Cross-border Experience

Education

Degree in Business Administration, Economics, Law or similar

MBA (a plus)

Job description

The selected candidate will lead the MGA strategy across EMEA, driving profitable growth, and act as the key interface to ensure alignment with partners across markets.

Leading international insurance company based in Madrid.

Responsibilities

• Define and execute the MGA channel strategy (target markets, business lines, and partnerships).
• Identify, negotiate, and secure agreements with key MGAs across EMEA.
• Oversee technical and financial performance of the portfolio (GWP, loss ratios, profitability).
• Ensure adherence to underwriting, pricing, and governance standards.
• Implement performance tracking frameworks (KPIs, dashboards, regular reviews).
• Collaborate with internal stakeholders (Underwriting, Claims, Actuarial, Legal, Compliance).
• Lead due diligence and onboarding of new MGA partners.
• Design contractual frameworks and incentive schemes.
• Manage operational, regulatory, and reputational risks within the channel.
• Lead, develop, and scale the MGA team.

Perfil ideal

• Degree in Business Administration, Economics, Law, or similar (MBA is a plus).
• 10+ years' experience in insurance, with exposure to underwriting, distribution, or partnerships.
• Strong experience with MGAs and/or broking (highly desirable).
• Solid understanding of technical profitability and portfolio management.
• Proven track record in negotiating complex international agreements.
• Good knowledge of relevant regulatory frameworks (e.g., IDD, Solvency II).
• International profile with cross-border experience.
• Fluent English required.
• Executive-level position, member of the Management Committee.
• Competitive compensation package (fixed + performance bonus).
• Comprehensive benefits (health insurance, pension plan, etc.).
• Flexible working model, including remote options.
• High strategic exposure and career development in an international environment.

Oferta de empleo

• Executive-level position, member of the Management Committee.
• Competitive compensation package (fixed + performance bonus).
• Comprehensive benefits (health insurance, pension plan, etc.).
• Flexible working model, including remote options.
• High strategic exposure and career development in an international environment.

Desired Skills and Experience

• MGA, Broking, broker, "managing general agents", underwrtting, underwritter