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Director, Product Development - Casualty

AXIS (AXIS Capital)
Posted a month ago, valid for 20 days
Location

Red Bank, NJ 07701, US

Salary

$160,000 - $200,000 per year

Contract type

Full Time

Retirement Plan
Tuition Reimbursement
Wellness Program

By applying, a AXIS (AXIS Capital) account will be created for you. AXIS (AXIS Capital)'s Privacy Policy and Terms & Conditions will apply.

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Sonic Summary

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  • AXIS Capital is seeking a Director of Product Development for its casualty insurance lines, requiring a Juris Doctor (JD) and active bar membership.
  • Candidates must have at least 7 years of insurance law experience, particularly with casualty products, and expertise in drafting complex insurance policy language.
  • The role involves leading the design and delivery of innovative insurance solutions, collaborating with various teams to align product language with business objectives.
  • The position offers a hybrid work schedule and exposure to senior leadership, allowing the candidate to influence product strategy across multiple casualty business lines.
  • The expected salary range for this position is $160,000 to $200,000, with additional competitive incentive compensation and a comprehensive benefits package.

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

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 our 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, primary casualty, excess casualty and alternative risk transfer products
  • 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 in 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 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 complex casualty 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.

This posting is for an existing vacancy.




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By applying, a AXIS (AXIS Capital) account will be created for you. AXIS (AXIS Capital)'s Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.