Full-Time

Head of Product Development

Posted on 5/13/2025

Axis Capital

Axis Capital

1,001-5,000 employees

Specialty insurance and reinsurance services

No salary listed

Expert

Shrewsbury, NJ, USA + 2 more

More locations: Princeton, NJ, USA | New York, NY, USA

Category
Product Management
Product
Required Skills
Product Management
Requirements
  • Minimum of 12 years of experience in product management/product development within the insurance industry with a focus on commercial lines.
  • Juris Doctor degree is preferred. Prior Legal or Claims experience preferred.
  • Proven track record of successfully launching and managing insurance products.
  • Strong leadership and team management skills.
  • Excellent analytical, strategic thinking and problem-solving abilities.
  • Exceptional communication and interpersonal skills.
  • Proficiency in using product management tools and software. Experience with Duck Creek preferred.
Responsibilities
  • Lead the ideation, development, and launch of new insurance products.
  • Manage a multi-functional team of 20+ individuals responsible for development of product wordings; filing of admitted forms and rates; and development of policy issuance system requirements for AXIS insurance products and forms.
  • Collaborate with Underwriting, Actuarial, Claims and Legal & Compliance teams to ensure product viability and compliance.
  • Manage the product development lifecycle from concept to launch, ensuring timely and successful delivery.
  • Liaise with IT and Operations partners to ensure new products are supported in AXIS systems.
  • Coordinate closely with Underwriting, Actuarial, and CUO’s office to ensure product goals are aligned based on opportunity and profitability.
  • Help to establish product priorities and align product initiatives based on the company's overall business goals and market opportunities.
  • Monitor and analyze product metrics and market trends.
  • Drive product enhancements to ensure contract certainty and improve profitability and customer satisfaction.
  • Build, mentor, and lead a high-performing product management team.
  • Provide clear direction, feedback and professional development opportunities to team members.
  • Foster a collaborative and innovative team culture.
  • Work closely with senior leadership to communicate product vision and progress.
  • Liaise on product updates and concerns with all relevant internal stakeholders.
  • Establish and maintain strong relationships with external partners, vendors, and clients.
Desired Qualifications
  • Juris Doctor degree is preferred.
  • Prior Legal or Claims experience preferred.

Axis Capital provides specialty insurance and reinsurance services designed to meet the evolving needs of customers in a dynamic risk environment. Their products and services are tailored to help clients pursue their ambitions and explore new opportunities globally. Axis Capital differentiates itself from competitors by focusing on collaboration, diversity, and accountability within its culture, ensuring that they are a trusted partner throughout the customer journey. The company's goal is to create a positive impact through responsible business practices while delivering customized solutions that address the unique challenges faced by their clients.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Hamilton, Texas

Founded

2001

Simplify Jobs

Simplify's Take

What believers are saying

  • Axis Capital benefits from increasing adoption of parametric insurance products.
  • InsurTech partnerships enhance Axis Capital's data analytics and customer experience.
  • Axis Capital aligns with ESG trends to market sustainable insurance products.

What critics are saying

  • SEBI restrictions may impact Axis Capital's underwriting in India.
  • A-Book model could lead to increased scrutiny and competition.
  • Gold RWA project may face regulatory and market acceptance challenges.

What makes Axis Capital unique

  • Axis Capital's A-Book model offers institutional execution to prop traders.
  • Partnership with Blue Hat pioneers innovation in Gold RWA.
  • Axis Capital expands catastrophe bond offerings to address climate-related events.

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Benefits

Health Insurance

401(k) Retirement Plan

Paid Vacation

Wellness Program

Company News

Reinsurance News
Apr 15th, 2025
Paul Ng joins AXIS Re Canada as Reinsurance Treaty Underwriter

AXIS Re, the reinsurance arm of Bermuda-based AXIS Capital Holdings, has announced the appointment of Paul Ng as Reinsurance Treaty Underwriter.

My Trading Reviews
Mar 26th, 2025
AXIS Capital Introduces Fully Transparent A-Book Model, Bringing Institutional Execution to Prop Traders

AXIS Capital introduces fully transparent A-Book model, bringing institutional execution to prop traders.

Artemis
Mar 17th, 2025
AXIS secures 33% upsized $200m Northshore 2025-1 cat bond priced at low-end - Artemis.bm

AXIS Capital, the global specialty insurance and reinsurance underwriter, has now successfully priced its latest catastrophe bond issuance, securing the

Pinoy Bisnes
Mar 14th, 2025
Blue Hat Teams Up with Axis Capital Group to Pioneer Innovation in Gold RWA

Blue Hat teams up with Axis Capital Group to pioneer innovation in Gold RWA.

FinLogic Hub
Mar 14th, 2025
Blue Hat partners with Axis to develop world's first Gold RWA

Blue Hat partners with Axis to develop world's first Gold RWA.