MGA Operations Lead - EMEA

SCOR Group

Greater London

Hybrid

GBP 75,000 - 120,000

Full time

2 days ago
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Job summary

SCOR Group in London seeks an MGA Operations Lead to oversee delegated underwriting governance and manage Coverholders, MGAs and TPAs across the region. You will drive due diligence, governance forums, and performance management to ensure regulatory compliance and high service standards.

The role emphasizes operational excellence, data quality, and continuous improvement, with collaboration across underwriting, compliance, risk, finance and claims teams in a dynamic delegated authority

Qualifications

  • Strong understanding of the London Market and/or international P&C insurance industry.
  • Experience working with Delegated Authority, MGAs, Coverholders or TPAs.
  • Knowledge of delegated underwriting governance, operational controls and regulatory requirements.
  • Experience designing, implementing or assessing operational control frameworks.
  • Strong stakeholder management and relationship-building skills.
  • Excellent analytical and problem-solving abilities.
  • Ability to interpret, analyse and improve operational processes and data.

Responsibilities

  • Manage operational relationships with Coverholders, MGAs and TPAs across the region, ensuring compliance with contractual, regulatory and service expectations.
  • Lead the end-to-end due diligence process for new and existing delegated authority partners, including onboarding, annual reviews and approval activities.
  • Monitor and challenge third-party performance against agreed service standards and SLAs.
  • Support delegated authority governance forums, committees and working groups, ensuring timely completion of actions and reporting requirements.
  • Oversee outsourced operational arrangements and associated performance management activities.
  • Review and monitor audit findings, ensuring remediation actions are implemented and completed effectively.
  • Ensure adherence to SCOR delegated authority standards, policies and control frameworks.
  • Design, maintain and enhance operational controls to support effective risk management and regulatory compliance.
  • Conduct operational reviews and identify opportunities to improve efficiency, consistency and service delivery.
  • Lead monthly and quarterly control monitoring activities and related reporting.
  • Support the development and maintenance of delegated authority policies, procedures and operational documentation.
  • Monitor the quality, completeness and accuracy of delegated authority data and drive remediation where required.
  • Oversee income and EGPI reviews, ensuring accurate reporting and alignment with internal and external requirements.
  • Manage delegated authority reporting obligations, including regulatory, statutory and management information reporting.
  • Ensure premium and claims bordereaux are processed accurately and within agreed timelines.
  • Develop meaningful metrics and reporting to support business performance and governance objectives.
  • Act as a champion for continuous improvement across delegated authority processes, systems and operating models.
  • Partner with business stakeholders to identify and implement technology-enabled solutions.
  • Support the ongoing optimisation of delegated authority platforms including Alpha, Salesforce, VIPR and the Hub.
  • Lead and facilitate workshops, training sessions and stakeholder engagement activities to support business change initiatives.
  • Build strong working relationships across underwriting, compliance, risk, finance and operations teams.
  • Provide guidance and subject matter expertise on delegated authority management and best practice.
  • Foster collaboration across teams to ensure consistent and efficient operational delivery.
  • Member of relevant Delegated Underwriting, Conduct Risk and Product Oversight Committees.
  • Contribute to the wider P&C Operations Management community and strategic initiatives.

Skills

London Market knowledge
Delegated Authority experience
Stakeholder management
Analytical thinking

Education

Degree or equivalent
CII or insurance qualification beneficial

Tools

VIPR
Salesforce

Job description

As MGA Operations Lead, you will play a pivotal role within SCOR's Delegated Operations team, ensuring effective governance and operational oversight of delegated underwriting arrangements across our Company and Syndicate platforms.

You will lead the management of Coverholder, MGA and TPA relationships, oversee delegated authority controls and due diligence activities, and drive operational excellence through process improvement, data quality initiatives and stakeholder collaboration.

This role offers a unique opportunity to influence both strategic and operational outcomes within a dynamic and evolving delegated authority environment.

Responsibilities

Some of the key areas of responsibility are as follows

Delegated Authority Governance & Oversight

  • Manage operational relationships with Coverholders, MGAs and TPAs across the region, ensuring compliance with contractual, regulatory and service expectations.
  • Lead the end-to-end due diligence process for new and existing delegated authority partners, including onboarding, annual reviews and approval activities.
  • Monitor and challenge third-party performance against agreed service standards and SLAs.
  • Support delegated authority governance forums, committees and working groups, ensuring timely completion of actions and reporting requirements.
  • Oversee outsourced operational arrangements and associated performance management activities.
  • Review and monitor audit findings, ensuring remediation actions are implemented and completed effectively.

Operational Excellence & Controls

  • Ensure adherence to SCOR delegated authority standards, policies and control frameworks.
  • Design, maintain and enhance operational controls to support effective risk management and regulatory compliance.
  • Conduct operational reviews and identify opportunities to improve efficiency, consistency and service delivery.
  • Lead monthly and quarterly control monitoring activities and related reporting.
  • Support the development and maintenance of delegated authority policies, procedures and operational documentation.

Data Quality & Reporting

  • Monitor the quality, completeness and accuracy of delegated authority data and drive remediation where required.
  • Oversee income and EGPI reviews, ensuring accurate reporting and alignment with internal and external requirements.
  • Manage delegated authority reporting obligations, including regulatory, statutory and management information reporting.
  • Ensure premium and claims bordereaux are processed accurately and within agreed timelines.
  • Develop meaningful metrics and reporting to support business performance and governance objectives.

Systems & Process Improvement

  • Act as a champion for continuous improvement across delegated authority processes, systems and operating models.
  • Partner with business stakeholders to identify and implement technology-enabled solutions.
  • Support the ongoing optimisation of delegated authority platforms including Alpha, Salesforce, VIPR and the Hub.
  • Lead and facilitate workshops, training sessions and stakeholder engagement activities to support business change initiatives.

Stakeholder Management

  • Build strong working relationships across underwriting, compliance, risk, finance, claims and operations teams.
  • Provide guidance and subject matter expertise on delegated authority management and best practice.
  • Foster collaboration across teams to ensure consistent and efficient operational delivery.

Committee Participation

  • Member of relevant Delegated Underwriting, Conduct Risk and Product Oversight Committees.
  • Contribute to the wider P&C Operations Management community and strategic initiatives.
Qualifications

Skills & Experience

  • Strong understanding of the London Market and/or international P&C insurance industry.
  • Experience working with Delegated Authority, MGAs, Coverholders or TPAs.
  • Knowledge of delegated underwriting governance, operational controls and regulatory requirements.
  • Experience designing, implementing or assessing operational control frameworks.
  • Strong stakeholder management and relationship-building skills.
  • Excellent analytical and problem-solving abilities.
  • Ability to interpret, analyse and improve operational processes and data.

Desirable

  • Experience within Lloyd's, specialty insurance or reinsurance markets.
  • Familiarity with delegated authority platforms such as VIPR, Salesforce or equivalent systems.
  • Understanding of outsourcing governance and third-party risk management.
  • Project, process improvement or change management experience.

Education & Qualifications

  • Degree educated or equivalent professional experience.
  • Insurance qualifications (CII or equivalent) beneficial but not essential.
  • Locations Level 6, London, United Kingdom, EC2N 4BQ, GB
About Us

As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.

Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.

As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

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