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 from day one.
- Why this job: Build something meaningful in an entrepreneurial environment with significant influence.
- Qualifications: Proven senior underwriting experience and strong relationships in the marine insurance market.
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 sophie@nashrock.co.uk to find out more.
Marine MGA Chief Underwriting Officer | Equity Stake 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
✨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 a lead or can introduce you to someone at a company you're interested in.
✨Tip Number 2
Get your personal brand sorted! Update your LinkedIn profile to reflect your expertise in underwriting and marine insurance. Share relevant articles, insights, or even your thoughts on industry trends to showcase your knowledge and attract attention from recruiters.
✨Tip Number 3
Prepare for interviews by researching the companies you're applying to. Understand their business model, recent news, and how they operate within the marine insurance market. This will help you tailor your responses and show that you're genuinely interested in their success.
✨Tip Number 4
Don't forget to apply through our website! We have some fantastic opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it shows you're proactive and keen to be part of our team!
We think you need these skills to ace Marine MGA Chief Underwriting Officer | Equity Stake
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 or scaling MGAs and your strong 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 build-and-lead role. Share your vision for the underwriting strategy and how you plan to leverage data and analytics. This is your chance to shine!
Showcase Your Entrepreneurial Spirit:We’re looking for someone with an entrepreneurial mindset. In your application, give examples of how you've successfully navigated start-up or scale-up environments. Let us know how you can bring that energy to our new Marine MGA!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. We can’t wait to hear from you!
How to prepare for a job interview at Nashrock Insurance Recruitment
✨Know Your Underwriting Inside Out
Make sure you brush up on your marine underwriting knowledge. Understand the nuances of different marine classes like Cargo, War Risks, and P&I. Be ready to discuss how you would develop underwriting appetite and guidelines based on your experience.
✨Showcase Your Leadership Skills
This role is all about building and leading a high-performing team. Prepare examples of how you've successfully led teams in the past, especially in start-up or scale-up environments. Highlight your ability to align strategies with client demands and market relationships.
✨Demonstrate Your Commercial Acumen
Be prepared to discuss your understanding of portfolio performance and profitability. Think about how you can leverage data and analytics to drive performance and secure capacity agreements. Show them you’re commercially driven and understand the financial aspects of running an MGA.
✨Build Rapport with the Interviewers
Since this role involves being a key market-facing figure, it’s essential to build rapport during the interview. Engage with your interviewers, ask insightful questions about their current operations, and express genuine interest in their vision for the new MGA. This will show that you’re not just a fit for the role, but also for their company culture.
