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.
\n \nYou've built profitable portfolios at large carriers.
\n \nYou've developed broker relationships.
\n \nYou've helped grow someone else's business and be given a fairly modest bonus for your efforts.
\n \nThe question is...
\n \nWhen 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.
\n \nWe'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.
\n \nNot stock options that may never mean anything.
\n \nNot a promise of future opportunity.
\n \nActual equity participation in the vertical you help build.
\n \nThis is joining an MGA with an already successful platform in the US, UK and wider Europe.
\n \nThis is for underwriters who know how to create profitable growth and are ready to have a bigger stake in the outcome.
\n \nThe opportunity
\nJoin 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.
\nYou'll have the freedom to make decisions.
\nThe support of experienced MGA operators.
\nThe backing of a financially stable business with no debt and no private equity ownership.
\nAnd importantly, you'll still be underwriting.
\nWe're looking for builders, not passengers.
\n \nPeople who enjoy winning business, managing broker relationships and growing profitable portfolios, not individuals looking to spend their days in management meetings.
\n \nWho we're interested in
\n \nTypically, you'll have:
\nAround 15 plus years' underwriting experience
\nExisting MGA experience or have been a production led role and have tangible distribution
\nA track record of profitable growth
\nStrong distribution relationships
\nA clear understanding of your portfolio performance and loss ratios
\nThe ambition to build something meaningful
\n \nPriority areas include:
\n- \n
- Specialty & Distressed Property \n
- Environmental \n
- Inland Marine \n
- Sports and Leisure \n
- Surety \n
- Allied Health \n
- Brown Water Marine \n
- Yacht Insurance \n
- Equine \n
- Specialty EPI Programmes \n
- Other niche lines which are profitable \n
We're also interested in senior underwriters within:
\n- \n
- Professional Liability \n
- Environmental \n
- Artisan Contractors \n
- Other niche profitable lines \n
Why people join
\nOwnership
\nFew underwriting opportunities offer genuine participation in the value you create. This one does.
\nFreedom
\nNo corporate layers. No endless committees. No unnecessary bureaucracy.
\nStability
\nPrivately owned. Debt free. Built for the long term.
\nCulture
\nTalented people. Low ego. High accountability.
\n \nOn 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.
\n \nThe business operates a simple rule: no politics, no prima donnas, just good people building profitable insurance businesses together.
\n \nIf 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.
\n \nNo resume needed, unless you have one
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