At a Glance
- Tasks: Lead market entry and product expertise to revolutionise insurance capacity allocation.
- Company: Join Konduit, a pioneering startup backed by Founders Factory and Aviva.
- Benefits: Equity opportunities, flexible commitment, and a chance to shape the future of insurance.
- Other info: Opportunity for meaningful impact and career growth in a dynamic startup environment.
- Why this job: Be part of a groundbreaking team transforming the insurance industry with innovative solutions.
- Qualifications: Experience in underwriting, strong industry network, and a passion for solving complex problems.
The predicted salary is between 60000 - 80000 £ per year.
Founders Factory builds and funds startups together with exceptional entrepreneurs and the world's leading companies. Headquartered in London and operating globally, Founders Factory backs visionary founders with capital, dedicated support from a team of expert operators, and unrivalled access to a coalition of industry leading corporate partners. Since 2015, FF has backed 450+ portfolio companies helping them to secure over 500 enterprise pilots with blue chip corporate partners such as Aviva, Vonovia, Rio Tinto, and HSBC.
Our Studio partners with entrepreneurs at day one, developing new ideas, technologies and business models into high growth companies.
The insurance industry is stuck in a legacy loop. Today, finding and deploying underwriting capacity is slow, opaque, and wildly inefficient—especially for new MGAs and insurtechs. We’re here to change that. Konduit is building the rails for real‑time insurance capacity allocation. Think Stripe for underwriting capital. We connect innovative MGAs with insurers via a standardized, intelligent platform, cutting deal times from 12 weeks to just 1, and transforming underwriting from a manual bottleneck into a dynamic marketplace. Backed by Aviva and incubated by Founders Factory, Konduit has a built‑in unfair advantage: unrivalled industry credibility, access, and insights from inside the machine. We’re at the start of a category‑defining journey and we’re hiring our founding team to help shape the future of insurance infrastructure.
As CIO, you will bring deep market credibility, relationships, and real‑world operating insight into Konduit. You will serve as a product domain expert, ensuring the platform reflects how underwriting capacity actually moves through the US E&S market. You will work directly with the CEO to lead:
- Market entry
- Early partner and design‑partner engagement
- Product domain expertise grounded in real underwriting and capacity workflow
- Commercial execution and industry adoption
Responsibilities
- Market & Industry Leadership
- Act as Konduit's industry anchor with MGAs, carriers, reinsurers, and capacity providers
- Bring firsthand knowledge of underwriting workflows, delegated authority models, capacity allocation, reporting, and oversight
- Represent Konduit credibly across the market and with early partners
- Access, Trust & Early Traction
- Unlock design partners (MGAs, insurers, syndicates) willing to engage early
- Shorten sales and partnership cycles through existing credibility and relationships
- Help Konduit earn trust in a conservative, regulated, relationship‑driven industry
- Product Domain Expertise
- Serve as the product domain expert, grounding the platform in real‑world underwriting and capacity workflows
- Translate industry processes, constraints, and edge cases into clear product requirements
- Ensure Konduit reflects how capacity is evaluated, approved, deployed, and governed in practice
- Distinguish between what is structurally required vs. legacy process noise
- Pressure‑test product assumptions using firsthand market experience
- Company Building
- Represent Konduit externally with partners, investors, and the broader market
- Help shape messaging, positioning, and category narrative
- Operate with ownership, accountability, and long‑term perspective
Who This Is For
We are looking for someone who has lived the problem Konduit is solving. Ideal backgrounds include:
- Former MGA CEO / COO / CUO
- Senior executive at a carrier, reinsurer, or Lloyd's syndicate
- Deep experience with delegated authority, program business, and capacity placement
- A strong proven network across senior levels at MGAs and capital providers
You likely:
- Have spent years navigating capacity constraints
- Have strong opinions about what's broken and why
- Want to fix the system - not just win the next deal
This role requires active involvement, ownership, and commitment.
Equity & Commitment
- Meaningful founder‑level equity, vesting over time
- Long‑term alignment and shared upside
- Starting part time and moving to Full‑time or near‑full‑time commitment as the company scales
Please note: Exact structure will reflect experience, contribution, and timing.
Co-Founder & CIO (Chief Industry Officer) at Konduit in London employer: Founders Factory Ltd.
At Konduit, we pride ourselves on being an exceptional employer that fosters innovation and collaboration in the insurance technology space. Our London headquarters offers a dynamic work culture where visionary thinkers can thrive, supported by a team of industry experts and backed by leading corporate partners like Aviva. With meaningful equity opportunities and a commitment to employee growth, we empower our founding team to shape the future of insurance infrastructure while enjoying the unique advantages of working in a vibrant city known for its entrepreneurial spirit.
StudySmarter Expert Advice🤫
We think this is how you could land Co-Founder & CIO (Chief Industry Officer) at Konduit in London
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We think you need these skills to ace Co-Founder & CIO (Chief Industry Officer) at Konduit in London
Some tips for your application 🫡
Show Your Entrepreneurial Spirit:When applying for a role in startups and entrepreneurship, it's crucial to highlight any experience you have with starting your own projects or businesses. We love seeing examples of your initiative, so sprinkle in stories of how you’ve taken risks or solved problems creatively—this is what makes you stand out!
Tailor Your CV for Impact:In the startup world, your CV should reflect not just your experience, but the impact you've made. Use quantifiable achievements to show your contributions, like percentage increases in growth or revenue. Remember, we’re looking for go-getters who know how to get results!
Craft a Provocative Cover Letter:Your cover letter is a chance to showcase your passion and motivation for working at Founders Factory Ltd.. Don't just list your skills—share your vision and what excites you about the entrepreneurial journey. Connect your personal aspirations with what we need, and let your enthusiasm shine through!
Keep Your Portfolio Handy:If you have a portfolio showcasing any past projects or entrepreneurial efforts, definitely mention it in your application. Though not always necessary for full-time roles, it can provide us with deeper insights into your work style and creativity. If you have a blog, products, or any innovation, we'd love to see it!
How to prepare for a job interview at Founders Factory Ltd.
✨Show Your Entrepreneurial Spirit
In startups, they love seeing passion and initiative. Be ready to share any personal projects or ideas you've worked on. This shows you’re not just about the 9-to-5, but you’re invested in creating value, which is key in this fast-paced environment.
✨Brush Up on Your Problem-Solving Skills
Expect to be thrown some curveballs during the interview—startups often face unexpected challenges. Having a couple of examples up your sleeve where you’ve creatively solved problems will really impress them. It's all about how you think on your feet!
✨Know Your Stuff About the Industry
Since you're applying for a full-time role, they’ll want to see you've done your homework. Make sure you understand where the startup stands in its industry, including competitors and market trends. It’s a great way to show you're genuinely interested and can contribute from day one.
✨Show Flexibility and Adaptability
Startups can pivot quickly, so highlight your adaptability. Share examples of when you've successfully navigated change or taken on roles outside your comfort zone. This shows you’re ready for whatever comes your way, which is crucial in a startup atmosphere!
