At a Glance
- Tasks: Lead the creation of a marine MGA and shape its underwriting strategy.
- Company: High-growth marine insurance brokerage with strong financial backing.
- Benefits: Equity participation, autonomy, and opportunity for long-term value creation.
- Other info: Join a dynamic team and make a real impact in the marine insurance sector.
- Why this job: Build something meaningful in an entrepreneurial environment with significant influence.
- Qualifications: Proven experience in senior underwriting roles and strong market relationships.
The predicted salary is between 100000 - 150000 £ per year.
We are partnering with a high-growth marine insurance brokerage who are in the process of setting up a stand-alone MGA to run alongside their brokerage and are looking to appoint a Chief Underwriting Officer. This is a rare opportunity to help build an underwriting platform from the ground up, backed by an established flow of business, strong data capability, and significant financial and strategic support.
This is a true build-and-lead role, offering the chance to shape the underwriting strategy, secure capacity, and play a central role in creating a best-in-class marine MGA. Working closely with the broking leadership team, you will be instrumental in converting existing client flow into a scalable underwriting proposition, leveraging data, analytics, and market relationships to drive performance. You will be a key figure in the business, with meaningful equity participation and genuine influence over its long-term direction and success.
Key Responsibilities- Be instrumental in the set-up and launch of the Marine MGA, including underwriting framework, governance, and strategy
- Secure and structure capacity agreements with insurers and capital providers
- Develop underwriting appetite, guidelines, and pricing strategy across marine classes
- Build and lead a high-performing underwriting team
- Work closely with broking leadership to align underwriting strategy with client demand
- Implement robust underwriting controls, reporting, and performance management
- Act as a key market-facing figure, strengthening relationships across insurers, reinsurers, and stakeholders
The MGA will look to underwrite across a range of marine classes, including:
- Cargo
- War Risks
- Protection & Indemnity (P&I)
- Hull & Machinery
- Complex / specialty marine risks
- Proven experience in a senior underwriting leadership role within the MGA market
- Strong track record of running, setting up or scaling MGAs, including securing capacity
- Deep relationships with insurers, reinsurers, and capacity providers
- Strong technical expertise across marine insurance classes
- Commercially driven, with a clear understanding of portfolio performance and profitability
- Entrepreneurial mindset, comfortable operating in a start-up / scale-up environment
- Experience working closely with broking teams or within integrated models is advantageous
- Ability to build, lead and manage a team
- Equity participation with long-term value creation
- Opportunity to build and lead a marine MGA from inception
- Strong backing from an established, revenue-generating broking platform with strong financial funding behind it
- A genuinely entrepreneurial environment with autonomy and influence
This is a standout opportunity for an experienced MGA specialist/ Underwriting Leader looking to build something meaningful, with the infrastructure, backing, and deal flow already in place to succeed.
Please apply now or contact to find out more.
Marine MGA Chief Underwriting Officer | Equity Stake in London employer: Nashrock Insurance Recruitment
Join a dynamic and high-growth marine insurance brokerage that offers an exceptional opportunity to shape the future of a stand-alone Marine MGA. With strong financial backing, a collaborative work culture, and meaningful equity participation, you will have the autonomy to build and lead a high-performing underwriting team while leveraging established market relationships. This role not only promises professional growth but also the chance to make a significant impact in a truly entrepreneurial environment.
Contact Details:
Nashrock Insurance Recruitment Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Marine MGA Chief Underwriting Officer | Equity Stake in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the marine insurance space and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s not even advertised yet.
✨Tip Number 2
Get your pitch ready! When you land that interview, be prepared to talk about how you can shape the underwriting strategy and build a high-performing team. Show them you’re not just another candidate; you’re the one they need to lead their new MGA.
✨Tip Number 3
Research is key! Dive deep into the company’s background, their current market position, and their future goals. This will help you tailor your conversation and demonstrate that you’re genuinely interested in helping them succeed.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining their team and making an impact from day one.
We think you need these skills to ace Marine MGA Chief Underwriting Officer | Equity Stake in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Chief Underwriting Officer. Highlight your experience in setting up MGAs and your relationships with insurers. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Share your vision for building a marine MGA and how your entrepreneurial mindset can drive success. Be genuine and let your personality shine through!
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've secured capacity or improved underwriting performance in previous roles. Numbers and results speak volumes!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures it gets into the right hands. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at Nashrock Insurance Recruitment
✨Know Your Marine Insurance Inside Out
Make sure you brush up on your knowledge of marine insurance classes, especially Cargo, War Risks, and P&I. Being able to discuss these areas confidently will show that you're not just familiar with the industry but also ready to lead the underwriting strategy.
✨Showcase Your Leadership Experience
Prepare examples from your past roles where you've successfully built or scaled an MGA. Highlight your experience in securing capacity agreements and leading high-performing teams, as this is crucial for the role.
✨Demonstrate Your Entrepreneurial Mindset
This role is all about building something new, so be ready to share your ideas on how to create a best-in-class marine MGA. Discuss your approach to leveraging data and analytics to drive performance and how you would align underwriting strategies with client demand.
✨Build Relationships Before the Interview
If possible, reach out to contacts within the marine insurance sector or even the brokerage itself. Having insights into their culture and current challenges can give you an edge during the interview and help you tailor your responses.
