Marine Underwriting Manager
IDEX Consulting Ltd
Job Description
This is not another one of those "Non-marine MGAs looking to break into the marine space' positions.
\n \nThis is joining an MGA who thoroughly understand the marine space, has a track record building a European Marine program and believes it is now the perfect time to launch their US Marine business within their existing US operation.
\n \nThis means, we are on the lookout for the right Senior Ocean Marine Underwriter and Leader.
\n \nAbout the Company
\n \nMost marine MGA launches never get off the dock. No clear distribution strategy. No meaningful marine expertise. No track record. And usually a lot of promises. This opportunity is different. Our client already operates a successful commercial marine underwriting business across the UK and Europe and has an established logistics programme in the United States. Marine is not a new idea. It's not a speculative launch. It's an area where they already understand the market, the distribution and the opportunity.
\n \nAbout the Role
\n \nNow they’re looking for an experienced Brown Water Marine Underwriter or Program Leader to build the next chapter of the business in the US. The question is... You’ve built profitable marine portfolios. You’ve developed wholesale and retail broker relationships. You’ve helped create value for someone else’s business. When do you start building one for yourself?
\n \nResponsibilities
\n \n- \n
- Join an established MGA platform with the infrastructure, operational support and leadership team already in place, whilst having the autonomy to develop and grow a specialist Brown Water Marine portfolio. \n
- This is not a corporate management role. You’ll remain close to the underwriting. Close to the brokers. Close to the portfolio. \n
- The successful individual will be expected to build profitable premium whilst helping shape the long-term direction of the marine business. \n
- To build a US Marine business and program to $25million premium within 5 years. \n
Qualifications
\n \n- \n
- 15+ years of marine underwriting experience \n
- Existing MGA experience preferred \n
- Strong wholesale and retail broker relationships \n
- A track record of profitable growth \n
- Experience within Brown Water Marine business \n
- A detailed understanding of your portfolio performance and historical loss ratios \n
- The ambition to build something meaningful \n
Required Skills
\n \n- \n
- This role will particularly suit someone who enjoys building broker relationships, writing business and growing portfolios rather than spending their career navigating corporate structures and internal politics. \n
Preferred Skills
\n \n- \n
- Ownership: Few marine underwriting opportunities offer genuine participation in the value you create. This one does. \n
- Freedom: No corporate layers. No endless committees. No unnecessary bureaucracy. \n
- Stability: Privately owned. Debt free. Built for the long term. \n
- Culture: Talented people. Low ego. High accountability. No politics. No prima donnas. Just experienced insurance professionals building profitable specialty businesses together. \n
Pay range and compensation package
\n \nOn offer is a highly competitive package including salary up to $300,000, bonus, profit share and meaningful equity participation. The expectation is to build a significant marine portfolio over the coming years, supported by an established platform with ambitious but realistic growth plans.
\n \nEqual Opportunity Statement
\n \nIf you’ve successfully built marine books, programmes or portfolios and want greater ownership of the future value you create, let’s have a confidential conversation. No resume needed, unless you have one.
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