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Director, Product Development Casualty & Alternative Risk Transfer

Job in New York, New York County, New York, 10261, USA
Listing for: AXIS (AXIS Capital)
Full Time position
Listed on 2026-06-26
Job specializations:
  • Insurance
    Risk Manager/Analyst, Underwriter
Salary/Wage Range or Industry Benchmark: 160000 - 200000 USD Yearly USD 160000.00 200000.00 YEAR
Job Description & How to Apply Below
Location: New York

Director, Product Development Casualty & Alternative Risk Transfer

All qualified applicants will receive consideration for employment without regard to any protected characteristic, including age, color, disability, ethnicity, gender identity, marital status, national origin, pregnancy, race, religion, sex, sexual orientation, veteran status, or any basis prohibited by the laws that govern its operations.

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.

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 more.

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