Axis Product Manager - Commercial Management Solutions in New York, New York
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 race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.
In this key role, you will be responsible for support of product management, business development, growth and profitability of the following products (primarily): Private Company D&O (Privatus)/Middle Market and EPL. Secondarily supports Public Directors and Officers Liability, including Side A, and Fiduciary Liability Products. Recognized as a technical expert within your underwriting specialty, you will assist Product Managers to drive business results through strong underwriting, sales, marketing, and relationship building skills. You will build and maintain high quality working relationships with wholesale/retail brokers and internal business partners - Claims, Actuarial, Field Underwriting, Product Development, etc.NOTE - Location is flexible.
Key Duties & Responsibilities:
Manages the underwriting of a profitable portfolio of (primarily) Private D&O (Privatus), middle market and EPL. Secondarily supports Public D&O, including Side A, and Fiduciary Liability
Sets product strategy for a profitable portfolio in assigned products based on pertinent underwriting, financial, and competitive analysis and in line with company and departmental compliance requirements.
Develops and supports business strategies to effectively achieve profit and growth objectives for assigned products and locations through sound underwriting and responsible marketing.
Acts as underwriting resource and authority for assigned products.
Develops underwriting strategies for assigned product lines and delivers educational content to underwriting teams and brokers.
As needed, develops and/or approves specialized policy and endorsement language for highly complex risks, working in conjunction with counsel and claims.
Analyzes quality and quantity of portfolio written; prepares and presents reports to CMS management.
Supports distribution focused initiatives for appointed wholesale/retail brokers, MGAs, etc.
Develops and maintains broker relationships to reach positive and profitable outcomes.
Keeps current on state and regional issues and regulations, industry activity and trends. May participate in industry trade groups.
Mentors and guides less experienced underwriters. Assists in the development of underwriting and product training and education.
Responsible for special underwriting projects, Duck Creek maintenance and presentations as requested by Lead Product Manager or EVP of CMS.
Required Education/Training & Experience:
Bachelor’s degree or equivalent experience. Professional designations preferred.
Minimum of 5-7 years of financial lines experience.
Advanced technical expertise, underwriting skills and a very high level of knowledge of insurance and underwriting principles, practices and procedures
Strong communication, negotiation and presentation skills
Ability to effectively interact with all levels of internal and external business partners
Advanced analytical and creative problem-solving skills, with the ability to manage and prioritize multiple projects
In-depth knowledge of the Private and Public Company Directors and Officers and supporting products
Strong relationships with distribution partners; influencing and negotiation skills
Ability to effectively analyze and assess individual and portfolio risk
Demonstrated technical knowledge and skills reflective of a progression of positions with increasing responsibility
CPCU and ARM a plus
Knowledge of Microsoft Office Suite and other business-related software
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.