Director, Product Development

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance.  We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture.  As a member of AXIS, you join a team that is among the best in the industry.

At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work. 

All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.

Director, Product Development 

Job Family Grouping: Operations 

Job Family: Product Development and Support 

How does this role contribute to our collective success? 

This role will work closely with AXIS Property & Casualty underwriters to design, draft and maintain policy forms and endorsements for new and existing Property & Casualty products to ensure that policy terms accurately reflect underwriting intent and are compliant with state regulations. In addition, this role will also work with AXIS Filings team to ensure that all admitted product forms are filed and issued pursuant to approved state filings and with AXIS Product Management team to develop form requirements for implementation in AXIS’s policy issuance system.  

This role involves collaboration with various stakeholders and functional areas across AXIS, including underwriting, legal and compliance, actuarial, claims and IT. 

The ideal candidate for this role will demonstrate an intimate working knowledge of Property & Casualty insurance, including Commercial Property, Construction/Builders’ Risk, Environmental, and Inland Marine, as well as Ocean Marine and Ocean Cargo.   

The position requires a strong sense of individual responsibility, critical thinking and attention to detail. 

What will you do in this role? 

Key Duties and Responsibilities: 

• Effectively and efficiently draft policy forms to facilitate business objectives within established timelines. 

• Assist in the Product Development process for new products, product re-writes, and endorsements from beginning-to-end. 

• Draft language for new products and product enhancements. 

• Analyze state-specific regulatory requirements. 

• Work with legal and compliance, underwriting, actuarial, claims and operations staff to ensure product, product drafts and amendments meets internal and regulatory requirements. 

• Assist in maintenance of AXIS Forms Library. 

• Conduct research and help provide competitive analysis on products and policy form language.