Head of Underwriting
$300kIDEX Consulting Ltd
Job Description
There's the usual MGA Program Lead roles, then there is this one! Comp structure up to $300k + equity for you to become Head of Underwriting for your own program, joining a firm who have a serious track record of building credible, high performing underwriting teams.
You've built profitable portfolios at large carriers.
You've developed broker relationships.
You've helped grow someone else's business and be given a fairly modest bonus for your efforts.
The question is...
When do you start building your own? Still with a strong compensation plan, but some ownership and timescales when you can take cash off the table.
We're partnering with a privately-owned, award winning and very well established specialty MGA looking for proven underwriting leaders who want more ownership, more influence and a genuine share in the value they create.
Not stock options that may never mean anything.
Not a promise of future opportunity.
Actual equity participation in the vertical you help build.
This is joining an MGA with an already successful platform in the US, UK and wider Europe.
This is for underwriters who know how to create profitable growth and are ready to have a bigger stake in the outcome.
The opportunity
Join an established MGA platform with the infrastructure, carrier relationships and distribution strategy already in place, whilst having the autonomy to build and grow a specialist underwriting business as if it were your own.
You'll have the freedom to make decisions.
The support of experienced MGA operators.
The backing of a financially stable business with no debt and no private equity ownership.
And importantly, you'll still be underwriting.
We're looking for builders, not passengers.
People who enjoy winning business, managing broker relationships and growing profitable portfolios, not individuals looking to spend their days in management meetings.
Who we're interested in
Typically, you'll have:
Around 15 plus years' underwriting experience
Existing MGA experience or have been a production led role and have tangible distribution
A track record of profitable growth
Strong distribution relationships
A clear understanding of your portfolio performance and loss ratios
The ambition to build something meaningful
Priority areas include:
- Specialty & Distressed Property
- Environmental
- Inland Marine
- Sports and Leisure
- Surety
- Allied Health
- Brown Water Marine
- Yacht Insurance
- Equine
- Specialty EPI Programmes
- Other niche lines which are profitable
We're also interested in senior underwriters within:
- Professional Liability
- Environmental
- Artisan Contractors
- Other niche profitable lines
Why people join
Ownership
Few underwriting opportunities offer genuine participation in the value you create. This one does.
Freedom
No corporate layers. No endless committees. No unnecessary bureaucracy.
Stability
Privately owned. Debt free. Built for the long term.
Culture
Talented people. Low ego. High accountability.
On offer will be a salary up to $300,000 plus bonus/profit share, intentions to grow a $50million plus business in 3-5 years time with a target 50% or better loss ratio.
The business operates a simple rule: no politics, no prima donnas, just good people building profitable insurance businesses together.
If you've successfully built books, programmes or portfolios and want more control over your future than a traditional carrier or MGA can offer, let's have a confidential conversation.
No resume needed, unless you have one
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