MGA Operations Controller

JR United Kingdom; Hemel Hempstead; Remote; GBP 60,000 - 90,000; Full time

Job summary

A leading insurance company seeks an MGA Operations Controller to manage financial reporting for owned MGAs. The role emphasizes building scalable financial processes and leading a finance team while ensuring compliance and accuracy in reporting. Candidates should have extensive experience in accounting, preferably within the insurance sector, and a CPA qualification is essential. The position allows remote work flexibility across the US and UK, supporting team collaboration in a decentralized environment.

Benefits

Flexible time off

High-quality health and dental benefits

Remote work opportunities

Travel opportunities for team building

Qualifications

• 7+ years of accounting experience with strong financial reporting.
• Prior experience in a multi-entity environment, ideally with MGAs or insurance.
• Understanding of SOX and internal control frameworks.

Responsibilities

• Oversee the month-end close process for all owned MGAs.
• Implement and monitor financial controls for SOX compliance.
• Support internal and external audits acting as the key point of contact.

Skills

Interpersonal skills

Communication skills

Leadership

Technical accounting skills

Education

CPA or equivalent professional accounting qualification

Tools

Tagetik

FloQast

NetSuite

Job description

MGA Operations Controller, hemel hempstead

Client:

Accelerant

Location:

hemel hempstead, United Kingdom

Job Category:

Other

-

EU work permit required:

Yes

Job Views:

2

Posted:

31.05.2025

Expiry Date:

15.07.2025

Job Description:

About Accelerant

Accelerant connects selected specialty insurance underwriters ("Members") with risk capital partners through its data-driven risk exchange (the “Risk Exchange”). The Company, together with its risk capital partners, provide property and casualty insurance to policyholders via its network of Members, which are typically Managing General Agents ("MGAs"). The Company focuses on small-to-medium sized commercial clients primarily in the United States, Europe, Canada and the United Kingdom. Our MGA Operations division includes a portfolio of owned MGAs across the US, UK, and Europe, each operating with entrepreneurial independence but supported by shared services and oversight.

Position Overview

Accelerant is looking for a hands-on Controller to manage accounting and financial reporting prepared by our owned MGAs. Key aspects of this role will include:

• Ensuring the owned MGAs periodic financial closes produce accurate and timely results.
• Supporting external audits of local/statutory financial statements, as well as Accelerant Group reporting.
• Continuing to strengthen internal controls over financial reporting (ICFR).
• Promoting and driving toward greater consistency in process and controls amongst the owned MGA finance teams.
• Supporting diligence and integration of MGA acquisitions.

We see this role as a great fit for someone who enjoys working with multiple contacts across a variety of businesses and possesses a strong desire to build scalable processes in a fast-growing, decentralized environment.

Key Responsibilities

Month-End Close & Reporting

• Oversee the month-end close process for all owned MGAs.
• Review and analyze financial results to ensure accuracy and alignment with Group accounting policies.
• Coordinate with MGA finance teams and the Group Consolidation team to meet reporting deadlines.
• Implement and monitor financial controls to ensure ICFR / SOX compliance and strong financial governance.
• Manage account reconciliations and support implementation of close workflow management tools (e.g., FloQast).
• Support internal and external audits, acting as a key point of contact for MGA-level audit deliverables.

Process & Policy Harmonization

• Promote consistent accounting practices and documentation standards across the finance functions of our owned MGAs.
• Serve as a resource for MGA finance teams on US GAAP accounting treatment, controls, and system usage.
• Partner with the finance systems team to improve efficiency and data quality across the close process.
• Provide mentorship and oversight to small, local finance teams at the MGA level.
• Act as a hands-on partner, assisting with technical accounting, process questions, and issue resolution.

Project & Strategic Support

• Actively participate in and support the onboarding and integration of newly acquired MGAs.
• Support and contribute to the purchase accounting prepared by the Group consolidation team.
• Promote and drive finance transformation initiatives across the Owned MGA portfolio.

Qualifications

• Prior experience in a multi-entity environment, ideally with MGA, insurance, or financial services exposure.
• CPA or equivalent professional accounting qualification.
• 7+years of relevant experience in accounting, with a strong foundation in financial reporting and controls.
• Understanding of SOX and internal control frameworks.
• Experience with close and consolidation systems (e.g., Tagetik, FloQast, NetSuite).
• Strong interpersonal and communication skills, with the ability to lead by example as it relates to active and effective collaboration between previously disparate teams and functions.
• Self-starter mindset with a willingness to roll up sleeves.

Preferred Qualifications

• Exposure to acquisition accounting or post-deal integration work.
• Audit background (Big 4 or equivalent).
• Familiarity with international accounting standards (US GAAP, IFRS and/or UK GAAP).

Enjoy our comprehensive benefits package designed to meet your diverse needs and support your well-being:

• Work-life balance: We believe that taking time to rest and recharge makes us all better. That’s why we offer flexible time off and encourage our team to take the time they need to prioritize their health and well-being.
• Health and wellness: We offer high-quality health, dental, and other benefits to ensure our team members have access to the care they need.
• Remote work: Work where you’re most productive and fulfilled. This position is open to remote candidates across the US or UK who have the flexibility to work with our teams distributed across Europe and North America. Most cross-team collaboration happens in the mornings of the Eastern Time Zone.
• Travel: We value face-to-face connections and believe that in-person interactions can enhance collaboration and build stronger relationships. Travel could be a small part of your role, with opportunities to connect with your team and our Members in-person.

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Created on 31/05/2025 by JR United Kingdom