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Manager Mga Insurance Jobs in Chicago, IL (NOW HIRING)

Canopius

Head of Programs

Chicago, IL

$200K - $232K/yr

Coach and manage team's efforts to develop and manage MGA relationships * Manage marketing, travel ... Sound knowledge of the US insurance market, trends, and emerging issues * The ability to ...

Canopius

Head of Programs

Chicago, IL · On-site

$200K - $232K/yr

Coach and manage team's efforts to develop and manage MGA relationships * Manage marketing, travel ... Sound knowledge of the US insurance market, trends, and emerging issues * The ability to ...

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All JobsMga Insurance JobsManager Mga Insurance JobsManager Mga Insurance Jobs in Chicago, IL

Manager Mga Insurance information

See Chicago, IL salary details

$38.6K

$85.3K

$126.2K

How much do manager mga insurance jobs pay per year?

As of Aug 27, 2026, the average yearly pay for manager mga insurance in Chicago, IL is $85,294.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,500.00 and $102,000.00 per year, depending on experience, location, and employer.

What is a manager MGA insurance?

A Manager MGA Insurance oversees the operations of a Managing General Agency (MGA) within the insurance industry. This role includes managing underwriting, policy administration, and compliance with industry regulations. Managers also build relationships with insurers and agents, ensure profitability, and develop business strategies. Their expertise helps streamline processes, enhance customer service, and drive the agency's growth.

What are the key skills and qualifications needed to thrive as a manager in MGA insurance?

To thrive as a Manager in MGA (Managing General Agent) Insurance, you need expertise in insurance underwriting, risk assessment, and regulatory compliance, often supported by a bachelor's degree in business or finance and relevant insurance certifications. Familiarity with insurance management software, CRM systems, and data analytics tools is typically required. Strong leadership, negotiation, and interpersonal skills are essential for managing teams and building relationships with carriers and clients. These skills ensure effective operations, regulatory adherence, and the ability to drive business growth in a competitive insurance marketplace.

What are the typical challenges faced by a manager in MGA insurance, and how can they be effectively managed?

Managers in MGA (Managing General Agent) Insurance often face challenges such as balancing underwriting authority with carrier guidelines, ensuring compliance with regulations, and managing relationships with both agents and insurance carriers. Staying current on evolving industry standards and fostering clear communication within the team are crucial for success. Effective managers utilize technology solutions, establish clear procedures, and prioritize ongoing training to help their teams navigate these complexities and maintain high performance.

What is the difference between Manager Mga Insurance vs Insurance Underwriter?

AspectManager Mga InsuranceInsurance Underwriter
Required CredentialsInsurance license, management experience, industry certificationsInsurance license, underwriting certifications, risk assessment skills
Work EnvironmentTeam management, strategic planning, client interactionRisk analysis, policy evaluation, detailed documentation
Employer & Industry UsageInsurance companies, brokers, agenciesInsurance companies, underwriting firms, brokers

The Manager Mga Insurance typically oversees teams and manages insurance operations, requiring leadership skills and industry knowledge. In contrast, an Insurance Underwriter focuses on evaluating risks and determining policy terms, emphasizing analytical skills. Both roles are essential in the insurance industry but differ in responsibilities and daily tasks.

What are the most commonly searched types of Mga Insurance jobs in Chicago, IL?

The most popular types of Mga Insurance jobs in Chicago, IL are:

Manager Mga Insurance jobs near you
Infographic showing various Manager Mga Insurance job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 70% Full Time, 23% Part Time, 5% Contract, and 1% Nights. Highlights an 85% Physical, 1% Hybrid, and 14% Remote job distribution, with an average salary of $85,294 per year, or $41 per hour.

Staff Accountant-MGA

Chicago, IL • On-site

Superior Insurance Partners LLC
Insurance Services • 51 - 200 employees
Learn more about Superior Insurance Partners LLCexternal

$56K - $74K/yr

Full-time

Re-posted 18 days ago

Job description

Superior Insurance Partners is a rapidly growing insurance brokerage platform specializing in commercial lines, personal lines, and employee benefits solutions for businesses and individuals across the United States. Through strategic acquisitions and long-term partnerships with leading independent agencies, Superior has built a strong presence throughout the Midwest and Eastern U.S.

At the core of Superior's approach is its mission: to improve the lives of its Agency Partners by supporting their personal, professional, and financial goals. Rather than applying a one-size-fits-all model, Superior develops customized growth strategies tailored to each partner agency's unique vision and objectives. Agency partners gain access to a robust shared-services platform that includes accounting and finance, recruiting, human resources, AMS/IT support, marketing, and M&A expertise — allowing local agencies to maintain their entrepreneurial culture while benefiting from the scale, resources, and best practices of a larger organization. Long-term economic alignment ensures partners remain invested in the collective success and growth of the platform.

Superior Insurance Partners is backed by Tyree & D'Angelo Partners ("TDP"), a leading Chicago-based private equity firm focused on investing in and partnering with lower middle-market businesses. TDP companies have completed over 1,000 partnerships, have grown to over $4 billion of enterprise value, and TDP has over $1.4 billion of capital under management. 

Staff Accountant- MGA

Position Summary

The Staff Accountant will play a critical role in supporting the financial operations of a growing Managing General Agency (MGA). This individual will be responsible for managing daily accounting activities, premium and claims bordereaux reconciliations, financial reporting, vendor management, and process improvement initiatives. The ideal candidate is highly organized, detail-oriented, thrives in a fast-paced environment, and possesses strong accounting and analytical skills.

Key Responsibilities

Accounting Operations

  • Track, update, and record daily banking activity.
  • Process, record, and reconcile incoming deposits.
  • Reconcile monthly bank statements and general ledger accounts.
  • Enter and process vendor invoices, including collection and maintenance of W-9 documentation.
  • Review and process employee expense reports.
  • Prepare and post journal entries.
  • Manage and issue annual 1099 filings.
  • Reconcile various balance sheet and income statement accounts as needed.

MGA Accounting & Reporting

  • Prepare and submit premium bordereaux payments to Lloyd's and other carrier partners.
  • Reconcile premium bordereaux on a monthly basis.
  • Reconcile claims bordereaux monthly and investigate variances.
  • Monitor claim funding balances and coordinate replenishment of claim funds as necessary.
  • Track expenses and maintain supporting schedules and spreadsheets.
  • Prepare monthly financial reports, including variance analysis and management reporting.
  • Support internal and external audit requests and provide required documentation.

Process Improvement & Compliance

  • Assist in developing, documenting, and implementing accounting policies and procedures.
  • Identify opportunities to improve efficiency, accuracy, and scalability of accounting processes.
  • Support special projects and ad hoc analyses as assigned.
  • Ensure compliance with internal controls, accounting standards, and regulatory requirements.

Qualifications

Required

  • Bachelor's degree in Accounting, Finance, or related field.
  • 3+ years of MGA accounting experience or 5+ years of progressive accounting experience.
  • Experience with general ledger accounting, reconciliations, and financial reporting.
  • Strong attention to detail with a high degree of accuracy.
  • Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
  • Demonstrated ability to work independently and collaboratively within a team.
  • Strong verbal and written communication skills.
  • Advanced proficiency in Microsoft Excel and strong working knowledge of Microsoft Word and Outlook.
  • Experience developing or improving accounting policies and procedures.

Preferred

  • Experience within the insurance industry, particularly MGA, wholesale brokerage, or specialty insurance environments.
  • Experience with Sage Intacct or similar cloud-based accounting systems.
  • CPA designation or progress toward CPA certification.
  • Experience supporting high-growth organizations and scaling accounting processes.

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