Head of Product Development
| Company | Axis Capital |
|---|---|
| Location | Shrewsbury, NJ, USA, Princeton, NJ, USA, New York, NY, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | JD |
| Experience Level | Expert or higher |
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.
Preferred Qualifications
- Juris Doctor degree is preferred.
- Prior Legal or Claims experience preferred.