Client Background
The leading third-party managing agent at Lloyd’s of London, faced a critical recruitment challenge when they needed to hire a new Managing Agency This client provides full underwriting management, financial, regulatory, reporting, and operational support to its clients, enabling them to operate within the Lloyd’s market without taking on the operational burden themselves. This role required a candidate with strong commercial acumen, transformation experience, and expertise in reporting within the Lloyd’s market. Furthermore, the chosen individual would need to hold Senior Management Function (SMF) responsibilities, including SMF3 on portfolio boards.
The Challenge
Tasked Arthur with finding a Managing Agency CFO who met several key criteria:
- Strong commercial acumen to support as an SMF3 on portfolio boards.
- A proven track record in leading successful transformations within the Lloyd’s of London market.
- Expertise in reporting, ideally holding SMF2 status.
In addition to these qualifications, Arthur had the added challenge of needing to consider both interim and permanent options for the role, with tight time constraints looming over the search process.
The Solution
Arthur quickly mobilised its recruitment expertise to meet the complex demands of the role. The team engaged with a wide network of professionals within the Lloyd’s of London market, identifying candidates who not only met the technical requirements but also demonstrated the right cultural fit.
Arthur worked closely with the client throughout the process, providing regular updates and setting up weekly calls to ensure transparency and alignment. The team’s ability to navigate the evolving skillset requirements of the role, coupled with its deep understanding of the market, allowed them to present a shortlist of highly qualified candidates.
Despite the challenges of balancing both interim and permanent options, Arthur succeeded in securing a permanent candidate who was able to start immediately, providing the client with the leadership they needed at a crucial time.
The Results
Arthur’s efforts culminated in the successful placement of a Managing Agency CFO who not only fulfilled the immediate requirements but also aligned well with thier long-term strategic goals. The selected candidate began the role swiftly, ensuring that the clients leadership team was strengthened and ready for the challenges ahead.
- Speed: Despite a tight timeline, the recruitment process was completed efficiently, resulting in a successful hire within the required timeframe.
- Client Satisfaction: Client expressed complete satisfaction with both the quality of the candidates presented and the overall process.
Key Benefits
- Expertise in the Lloyd’s of London Market: Arthur’s strong knowledge of the market allowed them to identify candidates with the right mix of skills and experience.
- Efficient Process: The search was conducted with a focus on efficiency, successfully delivering a candidate within a short timeframe.
- Cultural Fit: The candidate selected not only met the technical requirements but was also an excellent fit for their culture, ensuring long-term success in the role.
"Arthur truly operates as a partner rather than a typical recruitment agency, and your commitment to delivering the best results is clear." – HR Director
Learn how Arthur successfully placed a Managing Agency CFO for a leading Lloyd’s of London agent, meeting strict qualifications and tight deadlines to deliver leadership.
