Senior Director, Managing General Agent, Programs & Reinsurance

SGI

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profile Job Location:

Regina - Canada

profile Monthly Salary: $ 140469 - 187306
Posted on: 3 hours ago
Vacancies: 1 Vacancy

Job Summary

Do you value integrity and innovation How about passion and caring Great! Us too and thats why youll fit right in. Our intentional culture promotes trust and participation encouraging you to bring your heart and mind to work every day.

Work Location: Successful candidate will be located in provinces where SGI CANADA Operates (Saskatchewan Alberta Ontario Manitoba British Columbia)

Salary Range: $140469 - $187306

Full Time Permanent Out of Scope

Closing Date: May 18 2026

General Accountability

Responsible for the endtoend strategy execution governance and performance of SGI CANADAs Managing General Agent (MGA) and Program portfolios. Responsible for ensuring that MGAs and Programs are pursued in a disciplined riskinformed and strategically aligned manner that supports profitable and sustainable growth supports earnings stability and prudent capital management and strengthens broker and market relationships. Owns the MGA portfolio lifecycle including gotomarket strategy partner selection contract authority for MGA agreements delegated authority governance over underwriting and related authorities performance management incentive structures and ongoing relationship leadership. For Programs accountable for the strategy governance and performance of program business delivered through existing broker partners including delegated authority oversight and ongoing relationship leadership specific to the Program. Provides strategic leadership and oversight to ensure effective execution strong controls and clear accountability across all delegated authority arrangements.

Accountable for the design placement implementation and administration of the corporate reinsurance program for all products for both SGI CANADA and the Saskatchewan Auto Fund ensuring appropriate risk transfer capital protection and earnings stability. This includes oversight of the corporate reinsurance policies and processes and recommendations to the CIO and CEO on SGIs reinsurance program.

Key Accountabilities

MGA and Program Portfolio Strategy

  • Leads the development and execution of SGI CANADAs MGA and Program strategy including portfolio objectives target segments geographic scope growth priorities and entry and exit decisions.

  • Accountable for the top and bottomline financial performance of the MGA and Program portfolio including revenue profitability expense management and performance against approved financial targets.

  • Establishes a disciplined targeted gotomarket approach that aligns with SGI CANADAs distribution strategy risk appetite underwriting expertise capital considerations and longterm corporate strategy.

  • Evaluates prospective MGA and Program opportunities for strategic fit including ownership structure line of business expertise geographic footprint underwriting performance operational capability and alignment with SGI CANADAs appetite.

  • Ensures MGA and Program strategies and related underwriting practices and offerings are aligned with SGI CANADAs risk appetite product strategy and broader distribution model working closely with Corporate Underwriting Product Management Corporate Broker and Operations to support profitable growth and manage channel conflict.

  • Provides seniorlevel input to executive and Board decisions related to the non-traditional growth strategy including considerations for the MGAs and Programs portfolio.

  • Monitors market trends competitive dynamics regulatory developments and emerging delegated authority models to inform portfolio strategy and evolution.

Delegated Authority Governance Risk and Contract Oversight

  • Establishes and maintains a comprehensive delegated authority governance framework applicable to both MGAs and Programs.

  • Holds contract authority for MGA appointments renewals material amendments terminations and for the approval and governance of Program arrangements delivered through existing broker partners ensuring appropriate approvals are obtained in accordance with corporate governance requirements.

  • Oversees the evaluation negotiation creation and renewal of MGA and Program agreements including underwriting authority claims authority (where applicable) eligibility rules referral requirements escalation protocols and termination provisions.

  • Defines and operationalizes incentive structures within MGA and Program agreements to align partner behaviour with SGI CANADAs profitability and growth strategic objectives.

  • Establishes and enforces datasharing protocols reporting obligations and information standards within MGA and Program contracts to support governance performance monitoring regulatory compliance and executive decisionmaking.

  • Ensures MGA and Program underwriting and operational practices align with SGI CANADA standards regulatory requirements and internal control expectations.

  • Ensures robust audit review and compliance processes are in place to confirm adherence to delegated authority underwriting guidelines pricing parameters contractual obligations and data requirements.

Reinsurance Program Design and Administration

  • Provides leadership and direction on the design placement and ongoing administration of SGI CANADAs corporate reinsurance program.

  • Works with reinsurance brokers to structure programs that optimize net risk exposure protect capital and solvency manage earnings volatility and balance cost efficiency.

  • Oversees reinsurance marketing contract negotiation wordings and renewals.

  • Monitors and evaluates reinsurance program effectiveness and recommends changes based on portfolio evolution aggregation exposure and market conditions.

  • Incorporates and communicates larger industry level concerns and emerging issues to primary underwriting areas and corporate support areas.

Relationship Management and Market Engagement

  • Provides seniorlevel strategic and tactical relationship leadership for MGA Program and reinsurance partners including executive engagement issue escalation and longterm partnership alignment.

  • Identifies and cultivates strategic alliances within MGA and Program distribution channels leveraging opportunities to strengthen relationships with key strategically aligned broker partners.

  • Serves as SGI CANADAs primary point of accountability for MGA and Program relationships.

  • Leads and participates in strategic reviews and quarterly business reviews with MGA and Program partners ensuring performance outcomes risks and opportunities are clearly understood and addressed.

  • Builds and maintains strong senior-level relationships with reinsurers and reinsurance brokers ensuring clear understanding of SGI CANADAs business risk profile and strategic direction.

  • Collaborates with internal stakeholders to protect the customer experience and ensure alignment across SGI CANADAs broader distribution ecosystem.

  • Represents SGI CANADA in relevant industry forums broker engagements and market discussions related to MGAs Programs delegated authority and reinsurance.

Performance Management and Portfolio Analytics

  • Establishes and oversees performance management frameworks for MGAs and Programs including KPIs scorecards audit results and portfolio analytics.

  • Leads analysis of portfolio performance including profitability growth loss trends retention underwriting quality and emerging risks.

  • Works collaboratively with internal stakeholders and partners to support and monitor corrective actions where performance targets risk thresholds or strategic objectives are not being met.

  • Partners with Corporate Analytics Finance IT and other stakeholders to ensure appropriate systems data flows and controls are in place to support MGA and Program performance monitoring and analysis.

People Leadership

  • Builds a high performing workforce by actively leading human resource activities.

  • Ensures development of divisional succession plans.

  • Builds a culture of leadership and accountability to effectively deliver on strategic and corporate strategies ensuring integration with employee performance development and career development plans.

  • Drives performance through team members and is committed to leadership development across the company supporting employees and workforce readiness through mentoring training and developmental opportunities.

Corporate Management

  • Ensures programs and policies are in alignment with corporate strategic and divisional strategies.

  • Manages risk in area of authority.

  • Prepares reviews manages and/or approves departmental/divisional budgets.

  • Prepares decision requests decision and/or information items and/or SGI board items.

  • Ensures that the Health Safety and Emergency Management Policy is applied in area of responsibility including development implementation and managing of program components specific to departmental health and safety requirements.

  • Makes decisions for departmental operations that are efficient effective and in alignment with strategic direction and priorities.

  • Ensures department and program policies procedures and guidelines are in compliance with applicable federal and provincial legislation and regulations; implements and evaluates changes to legislation and regulations in area of authority.

  • Establishes and maintains an effective system of internal controls to support reliable financial reporting and compliance in accordance with applicable laws and regulations within the span of control and communicates the importance of internal controls to staff.

Education and Experience

  • Four-year degree from an accredited post-secondary education institution in a relevant field of study such as Business or Mathematics and Applied Sciences.

  • Twelveyears experiencecomprisedof eight years leadership experience withprogressively challengingresponsibilityand four years experienceintechnical insurance statistical actuarial or a finance position

  • Professional designation from an accredited professional association in finance accounting insurance or actuarial sciences.

Knowledge Skills and Abilities

  • Knowledge of strategy development and execution.

  • Knowledge of the delegated authority business model and related portfolio dynamics.

  • Knowledge of all lines and products of insurance.

  • Knowledge of the principles and practices of insurance and reinsurance.

  • Knowledge of the insurance industry across Canada.

  • Knowledge of statistical models and their application.

  • Knowledge of organizational units and how they interact to support the Corporations operations.

  • Knowledge of project management methodologies and techniques required to plan manage and execute projects.

  • Knowledge of how financial information contributes to management understanding and decisions.

  • Ability to develop clear and concise business cases strategy proposals and high quality reports that are targeted to the audience.

  • Ability to inspire and align high performing teams and to professionally engage and negotiate with senior representatives across the insurance industry and key business partners.

  • Ability to analyze and interpret financial and analytical information to research and resolve problems or opportunities and drive business value.

  • Ability to communicate present and market corporate-wide reinsurance needs and related exposure to reinsurance broker and reinsurers.

At SGIwerecommitted to building a workplace where everyone feels seen and heard and where every individual is respected. Our commitment to reconciliation includes actively hiring Indigenous people and creating opportunities for diverse talent to thrive. We offer more than a job; we embrace diverse backgrounds and experiences provide a career with purpose growth and belonging. Join us and help shape a workplace where every voice matters and contributes to our shared success.

If you require an accommodation during the recruitment process we invite you tosubmityour accommodation request toand we will work through your request with you. All information received will be kept confidential.

Pay Range:$140469.00 - $187306.00

Posting Close Date:

May 18 2026

As you prepare to submit your application and cover letter if applicable please highlight the achievements that demonstrate why youre a great candidate for this role.


Required Experience:

Exec

Do you value integrity and innovation How about passion and caring Great! Us too and thats why youll fit right in. Our intentional culture promotes trust and participation encouraging you to bring your heart and mind to work every day.Work Location: Successful candidate will be located in provinces ...
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