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The executive is currently Asia Pacific CEO.
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The appointment will be effective January 1.
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Castel founder Mark Birrell will take the role of executive chairman.
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Guy Pierpoint will report to head of marine Phil Wheeler.
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The executive will oversee all financial operations for the Howden-owned MGA.
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The hybrid fronting carrier was launched last year and is led by Talbot alumnus Sam Reeder.
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The new offerings will be part of the specialty reinsurance portfolio.
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Bryan Salek and Angela Kirby will lead the new segment as SVPs.
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Rivera will succeed current CEO Carlos Rivera, effective January 1.
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Other key leaders come from Virginia, Rhode Island and Utah.
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Ken Anderson, CFO for RSA, will succeed Marcotte.
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This follows yesterday’s appointment of Sean Smith as company president.