AXIS Capital Holdings Limited

Director, Product Development Casualty & Alternative Risk Transfer

AXIS Capital Holdings Limited$160K — $200K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Juris Doctor (JD) with active bar membership in good standing.
  • 7+ years of insurance law experience, focusing on casualty and/or alternative risk transfer products.
  • Proven expertise in drafting complex insurance policy language, including manuscript forms.
  • Strong understanding of U.S. regulatory and compliance frameworks.
  • Ability to communicate complex coverage concepts to non-legal audiences.
  • Demonstrated ability to manage competing priorities and operate independently.

Responsibilities

  • Lead design and drafting of policy forms and endorsements across ART and casualty lines.
  • Provide strategic guidance on product structure and contract language to underwriting and leadership.
  • Partner with business leaders to develop customized insurance solutions and new offerings.
  • Collaborate with various teams to ensure product language aligns with pricing and risk appetite.
  • Serve as advisor on product design's impact on underwriting strategy and performance.
  • Evaluate and resolve complex coverage issues from submissions and claims scenarios.
  • Establish best practices and drafting standards across casualty product lines.

Benefits

  • Comprehensive medical plans for employees and families.
  • Health and wellness programs.
  • Retirement plans.
  • Tuition reimbursement.
  • Paid vacation.
Full Job Description
Director, Product Development Casualty & Alternative Risk Transfer

How this role contributes to the business

This is a highly visible, senior-level product role focused on designing and delivering differentiated insurance solutions across alternative risk transfer (ART), primary casualty, and excess casualty lines.

As a Director, Product Development, you will lead the creation of policy language that directly shapes how we go to market-ensuring our products are innovative, commercially competitive, and fully aligned with legal, regulatory, and underwriting objectives. This role sits at the intersection of law, underwriting strategy, and product innovation, with the ability to influence both coverage design and business outcomes.

What you'll be responsible for

Product Development - Drafting & Strategy
  • Lead the design, drafting, and ongoing refinement of policy forms, endorsements, and coverage frameworks across alternative risk transfer products, primary casualty, and excess casualty lines.
  • Provide strategic guidance on coverage intent, product structure, and contract language to underwriting and senior leadership


Innovation & New Product Build
  • Partner with business leaders to develop new and customized insurance solutions, including manuscript policies, structured programs, and non-traditional risk transfer strategies
  • Support the build-out of emerging offerings, particularly within ART and complex casualty segments


Cross-Functional Leadership
  • Work closely with underwriting, actuarial, claims, compliance, and distribution teams to ensure product language aligns with pricing, risk appetite, and operational execution
  • Serve as a key advisor on how product design impacts underwriting strategy and portfolio performance


Coverage & Technical Advisory
  • Evaluate and resolve complex coverage issues arising from underwriting submissions, claims scenarios, and broker negotiations
  • Translate technical legal concepts into clear, actionable guidance for business stakeholders


Governance & Standards
  • Establish best practices, templates, and drafting standards across casualty product lines
  • Drive consistency, efficiency, and quality across all product documentation


Market Engagement
  • Partner with external counsel, brokers, and industry groups to stay ahead of market trends, emerging risks, and competitive product developments


About You

We're looking for a leader who combines deep technical expertise in insurance product development with a practical, business-oriented mindset. You're comfortable operating in a highly collaborative environment and influencing decisions at the senior level.

Required Experience
  • Juris Doctor (JD) with active bar membership in good standing
  • 7+ years of insurance law experience, with a focus on casualty and/or alternative risk transfer products
  • Proven expertise drafting complex insurance policy language, including manuscript forms
  • Strong understanding of U.S. regulatory and compliance frameworks
  • Ability to communicate complex coverage concepts to non-legal audiences
  • Demonstrated ability to manage competing priorities and operate independently

Preferred Experience
  • Experience supporting ART structures (e.g., captives, fronting, structured solutions)
  • Background within a commercial insurance carrier or specialty insurer (in-house experience preferred)
  • Prior leadership or mentoring experience


Role Overview
  • Hybrid schedule: 3 days in-office
  • Highly collaborative, cross-functional role with exposure to senior leadership
  • Opportunity to shape product strategy and support growth across multiple casualty business lines


What we offer

For this position, we currently expect to offer a base salary in the range of $160,000 to $200,000 (NY). Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location. In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate performance and your individual performance. You will also be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.

About AXIS Capital Holdings Limited

AXIS Capital Holdings Limited is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance. The company operates through two segments: Insurance and Reinsurance. AXIS provides a range of insurance coverage and reinsurance to insurance companies, wholesalers, regional brokers, and national brokers. The company was founded in 2001.
Learn more about AXIS Capital Holdings Limited
Size
2,082 employees
Market Cap
$4.5 billion
Industry
Net Income
-$120.4 million
5 Year Trend
+5.7%
Revenue
$4.8 billion
NASDAQ

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