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Head of Underwriting

$300k

IDEX 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.

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You've built profitable portfolios at large carriers.

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You've developed broker relationships.

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You've helped grow someone else's business and be given a fairly modest bonus for your efforts.

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The question is...

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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.

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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.

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Not stock options that may never mean anything.

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Not a promise of future opportunity.

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Actual equity participation in the vertical you help build.

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This is joining an MGA with an already successful platform in the US, UK and wider Europe.

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This is for underwriters who know how to create profitable growth and are ready to have a bigger stake in the outcome.

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The opportunity

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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.

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You'll have the freedom to make decisions.

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The support of experienced MGA operators.

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The backing of a financially stable business with no debt and no private equity ownership.

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And importantly, you'll still be underwriting.

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We're looking for builders, not passengers.

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People who enjoy winning business, managing broker relationships and growing profitable portfolios, not individuals looking to spend their days in management meetings.

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Who we're interested in

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Typically, you'll have:

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Around 15 plus years' underwriting experience

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Existing MGA experience or have been a production led role and have tangible distribution

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A track record of profitable growth

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Strong distribution relationships

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A clear understanding of your portfolio performance and loss ratios

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The ambition to build something meaningful

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Priority areas include:

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  • Specialty & Distressed Property
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  • Environmental
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  • Inland Marine
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  • Sports and Leisure
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  • Surety
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  • Allied Health
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  • Brown Water Marine
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  • Yacht Insurance
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  • Equine
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  • Specialty EPI Programmes
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  • Other niche lines which are profitable
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We're also interested in senior underwriters within:

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  • Professional Liability
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  • Environmental
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  • Artisan Contractors
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  • Other niche profitable lines
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Why people join

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Ownership

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Few underwriting opportunities offer genuine participation in the value you create. This one does.

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Freedom

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No corporate layers. No endless committees. No unnecessary bureaucracy.

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Stability

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Privately owned. Debt free. Built for the long term.

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Culture

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Talented people. Low ego. High accountability.

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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.

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The business operates a simple rule: no politics, no prima donnas, just good people building profitable insurance businesses together.

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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.

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No resume needed, unless you have one

Vacancy posted 25 days ago
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