Director, Product Development Casualty & Alternative Risk Transfer

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 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. 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. Rewarding. Challenging. Meaningful. We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry. Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. At AXIS, we value each individual and recognize that attracting and retaining the right people is essential to the success of our company. We offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.