At a Glance
- Tasks: Lead the transformation of an insurance group and drive ambitious growth plans.
- Company: Dynamic insurance group with a mission to revolutionise the marketplace.
- Benefits: Substantial equity participation and a competitive salary package.
- Other info: Join a collaborative executive team and shape the future of the business.
- Why this job: Be at the forefront of change in the insurance industry and make a real impact.
- Qualifications: Proven leadership experience in insurance and strategic growth management.
The predicted salary is between 168750 - 206250 £ per year.
Location: London (flexible on candidate base)
Reporting to: Group CEO
Equity: Very substantial, seven-figure equity participation
Search Status: This role is retained with me exclusively
The Business
Our client is an £80 million revenue, £22.5 million profit, 740-person insurance group with a genuine challenger positioning and a clear mission: to change the insurance marketplace for the better. Building out the group's MGA business is the number one strategic priority for the next three-year period, and the Group CEO is now seeking a Chief Executive to lead that transformation.
The MGA Today
- Core lines: financial lines, non-standard commercial risks, and specialist private client products
- Strong, long-standing capacity relationships including AXA, Hiscox and Liberty
- Currently profitable and well-run, with a solid platform to build from
The Opportunity
This is a build-and-scale mandate. The successful candidate will lead the MGA through an ambitious three-year growth plan, targeting an increase from £45 million to £130 million GWP. Key elements of the strategy include:
- Merging two recently acquired businesses (currently trading separately) under a single new brand
- Designing and implementing a new technology platform to support scale
- Driving growth organically through existing and new product lines, and new underwriting teams
- Pursuing further bolt-on acquisitions
- Rebalancing distribution so that 75% of business is sourced through third-party brokers
- Leading a period of significant organisational and cultural change
The Role
This is a senior, board-level appointment. The successful candidate will:
- Report directly to the Group CEO
- Sit as a member of the Group Executive
- Take full P&L responsibility
Wanted: Chief Executive Officer - Underwriting employer: IDEX Consulting Ltd
IDEX Consulting Ltd is an excellent employer that values innovation and integrity, offering a dynamic work culture where compliance and operational excellence are at the forefront of business growth. With flexible working arrangements and a commitment to employee development, team members are empowered to shape processes and drive meaningful change within the insurance sector. Join us in a role that not only challenges you but also rewards your contributions in a supportive environment.
