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Managing General Agent Jobs (NOW HIRING)

Capstone Underwriters

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Commercial Underwriter

Dallas, TX · Remote

Capstone Underwriters, LLC, is a Dallas-based Insurance Managing General Agent(MGA)/Broker in the Excess and Surplus Lines insurance marketplace. We provide excellent customer service and superior ...

Team Architects

Insurance Agent - Manager

Granbury, TX · On-site

$1.5K/wk

The Opportunity We're hiring a Managing General Agent (MGA) to take a leadership role in building, managing, and growing our insurance operations. You'll act as a direct extension of ownership ...

Team Architects

Insurance Agent - Manager

Granbury, TX · On-site

$1.5K/wk

The Opportunity We're hiring a Managing General Agent (MGA) to take a leadership role in building, managing, and growing our insurance operations. You'll act as a direct extension of ownership ...

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Managing General Agent information

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$21.5K

$74.7K

$131.5K

How much do managing general agent jobs pay per year?

As of Jun 28, 2026, the average yearly pay for managing general agent in the United States is $74,694.00, according to ZipRecruiter salary data. Most workers in this role earn between $49,000.00 and $100,000.00 per year, depending on experience, location, and employer.

What is the highest paid position in insurance?

In the insurance industry, executive roles such as Chief Executive Officer (CEO), Chief Underwriting Officer, and Chief Financial Officer (CFO) tend to be the highest paid positions. These roles require extensive experience, leadership skills, and often involve overseeing company strategy and operations, with compensation often including high salaries, bonuses, and stock options.

How does a Managing General Agent typically collaborate with insurance carriers and retail agents?

A Managing General Agent (MGA) acts as an intermediary between insurance carriers and retail agents, often handling underwriting, policy issuance, and claims administration on behalf of the carrier. MGAs work closely with insurance carriers to develop and manage specialized insurance products, set underwriting guidelines, and ensure compliance. They also support retail agents by providing product training, marketing resources, and prompt service. This collaborative structure allows the MGA to bridge the gap between carriers seeking expanded distribution and agents seeking access to unique insurance products.

How much does a 215 license make?

A Managing General Agent holding a 215 license in Florida can earn a wide range of commissions and fees depending on the size of the policies they manage and their business volume. Compensation often includes a combination of commissions, overrides, and fees for managing insurance programs, with earnings varying based on experience and performance. Exact income figures are not standardized and depend on individual agency success and market factors.

How much does a managing general agent make?

Managing General Agents (MGAs) typically earn between $70,000 and $150,000 annually, depending on experience, location, and the size of the agency. Senior MGAs or those managing large portfolios can earn higher salaries and bonuses. Compensation often includes performance-based incentives and benefits related to insurance sales and underwriting skills.

What is the difference between Managing General Agent vs Insurance Agent?

AspectManaging General AgentInsurance Agent
CredentialsLicensing, sometimes additional certificationsLicensing, state-specific
Work EnvironmentManages policies, oversees agents, works closely with insurersSells policies directly to clients, independent or employed
Employer & Industry UsageInsurance companies, managing policies and distributionInsurance agencies, selling policies to consumers

Managing General Agents (MGAs) typically hold more responsibilities, including underwriting and policy management, and work closely with insurance carriers. Insurance Agents focus on selling policies directly to clients. While both require licensing, MGAs often have additional certifications and operate in a managerial capacity within the insurance industry.

What are the key skills and qualifications needed to thrive as a Managing General Agent, and why are they important?

To thrive as a Managing General Agent, you need deep knowledge of insurance products, strong underwriting skills, and experience in risk assessment, often supported by relevant licenses and industry certifications such as CPCU or CIC. Familiarity with insurance management software, policy administration systems, and CRM tools is typically required. Exceptional negotiation, leadership, and relationship-building skills set top performers apart in this role. These abilities ensure effective oversight of agency operations, profitable growth, and strong partnerships with both insurers and clients.

What is a Managing General Agent (MGA)?

A Managing General Agent (MGA) is a specialized type of insurance agent or broker that is granted authority by an insurer to perform various functions, such as underwriting, pricing, binding coverage, and sometimes even handling claims. MGAs act as intermediaries between insurance carriers and agents or policyholders, often focusing on niche markets or specialized lines of insurance. Insurers partner with MGAs to leverage their expertise, access specific markets, and reduce operational costs. MGAs play a crucial role in expanding an insurer’s reach and providing tailored insurance solutions.

What jobs pay $2000 a day?

Managing General Agents (MGAs) in the insurance industry can earn around $2,000 or more per day through commissions and fees, especially with large accounts or high-value policies. High-level consultants, specialized surgeons, and certain executive roles in finance or law may also reach this daily earning level, often requiring extensive experience, certifications, or a strong professional network.
More about Managing General Agent jobs
What cities are hiring for Managing General Agent jobs? Cities with the most Managing General Agent job openings:
What states have the most Managing General Agent jobs? States with the most job openings for Managing General Agent jobs include:
What job categories do people searching Managing General Agent jobs look for? The top searched job categories for Managing General Agent jobs are:
Managing General Agent jobs near you
Infographic showing various Managing General Agent job openings in the United States as of June 2026, with employment types broken down into 73% Full Time, 18% Part Time, and 9% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $74,694 per year, or $35.9 per hour.
Commercial Underwriter

Commercial Underwriter

Capstone Underwriters

Dallas, TX • Remote

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 24 days ago

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Job description

Capstone Underwriters, LLC, is a Dallas-based Insurance Managing General Agent(MGA)/Broker in the Excess and Surplus Lines insurance marketplace. We provide excellent customer service and superior market selection. We also offer a wide variety of markets for most lines of business and have an in-house financing department. Capstone Underwriters values its customers and is grateful for their business. We are looking for Insurance Production Underwriter candidates.

Role Description

The ideal candidate will have a minimum of five years’ experience as an Insurance Commercial Lines Production Underwriter/Broker for a Managing General Agency.   They will be able to quote and bind new P&C business submitted by our many Retail Agents located in 27 states, mainly in Texas and the Southeastern states.  Knowledge of the underwriting and binding guidelines for the major Excess and Surplus Lines companies in the US is a must. Use of Jetfile, our office management system, is a plus, but not required.  Working from home is not a problem.


Qualifications

  • Analytical skills and experience in underwriting commercial lines of business
  • Extensive knowledge of commercial insurance
  • Excellent verbal and written communication skills
  • Ability to work independently and remotely
  • Texas P&C License required


The ideal candidate should also have attention to detail, strong problem-solving skills, and the ability to think critically. They should be able to manage multiple projects in a deadline-driven environment and have strong organizational skills.

Company Description

Capstone Underwriters, LLC, is a Dallas-based Insurance Managing General Agent(MGA)/Broker in the Excess and Surplus Lines Insurance