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Managing General Agent Jobs (NOW HIRING)

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 Jul 18, 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 advanced certifications, and they oversee company strategy, underwriting, and financial performance.

What jobs pay 4000 a week without a degree?

Managing General Agents (MGAs) in the insurance industry can earn around $4,000 or more weekly, especially with experience and successful client portfolios. Other high-paying roles without a degree include sales managers, real estate brokers, and certain entrepreneurial ventures, but these often require strong skills, certifications, or licenses. Income varies based on performance, location, and industry demand.

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 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, especially when combined with industry certifications and strong client relationships.

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 do managing general agents do?

Managing general agents (MGAs) are insurance professionals who oversee the underwriting, policy issuance, and claims handling for insurance policies on behalf of insurance carriers. They often have authority to bind coverage, set rates, and manage client relationships, requiring strong knowledge of insurance products and regulatory compliance. MGAs typically work in an office environment and may need industry certifications such as the CPCU or ARM.

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.
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Managing General Agent jobs near you
Managing Director Financial Services

Managing Director Financial Services

Financial Architects Inc

Des Moines, IA • On-site

$138K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 2 days ago

Job description

Description
The primary purpose of the Managing Director, Financial Services, is to recruit, train, supervise, retain, and grow a unit of Financial Representatives at various stages of professional experience. The Market Leader assists the General Agent in the overall marketing, growth, and development of the firm.
Compensation: $138,000+ BOE
Benefits Include:
  • Medical, Dental, Vision
  • Flexible Spending Account (FSA)
  • Short & Long-Term Disability
  • Group Life and AD&D
  • 401(k) with up to 3% match
  • Pension Plan

Responsibilities
• Lead and inspire a team of financial representatives, fostering a culture of growth and collaboration.
• Develop and implement strategic plans to drive the firm's marketing and expansion efforts.
• Mentor and support team members at various career stages, ensuring their professional development and success.
• Collaborate with the General Agent to align on firm-wide objectives and initiatives.
• Oversee recruitment processes, ensuring we attract and retain top talent in the industry.
• Monitor performance metrics and provide actionable feedback to enhance team productivity.
• Cultivate strong relationships with clients and stakeholders, reinforcing our commitment to exceptional service delivery.
Qualifications
$41

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