Co-Founder & CIO (Chief Industry Officer) at Konduit

Job description

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. About the Venture 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 https://www.konduitcapacity.com/ 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. About the Role As CIO, you will bring deep market credibility, relationships, and real-world operating insight into Konduit. You will serve as the 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.