Underwriting Lead, 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.

AXIS Alternative Risk Transfer (“AXIS ART”) is a newly established underwriting unit within AXIS North America focused on alternative risk transfer and non-traditional insurance solutions. Led by a seasoned ART industry leadership and supported by AXIS’s strong technical underwriting capabilities, AXIS ART aims to provide our clients and broker partners with bespoke and innovative solutions to manage fast-evolving risk market dynamics.

The team’s initial product focus includes structured (re)insurance for corporate clients and captives, and fully reimbursed fronting solutions for corporate clients.

Position Summary

We are seeking an ART Underwriting Lead who will report to the Head of Alternative Risk Transfer. This senior role will lead the end-to-end underwriting and execution of complex ART transactions and will be a key contributor to the build-out and profitable growth of the business.

The successful candidate will bring strong P&C underwriting/pricing experience, along with quantitative and financial acumen, transaction structuring expertise, and disciplined execution. This role will partner across underwriting, actuarial, legal, claims, finance, operations, compliance, and distribution to deliver client-focused solutions that align with AXIS’s risk appetite, profitability standards, and governance requirements.

Key Responsibilities

End-to-end deal management and underwriting with a focus on profitability. Activities include:

• Diligence – Conduct analysis on underlying risks and related industries/subject matters, transaction structures, motivations, and ‘know your customer’.
• Design & Negotiate - Develop solution structures based on the client’s objectives and the company’s profitability goals. Draft manuscript structural terms including NBIs, quotations, and policy language.
• Cross-functional Deal Review- Lead transaction reviews with relevant internal stakeholders, including the ART team, actuarial/pricing, legal/wording, Line of Business underwriting experts, claims, and senior referral leaders.
• Relationship & Marketing – Participate in marketing, product development, business origination, broker/client relationship management, and thought leadership.
• Compliance – Maintain strict adherence to and accountability for underwriting processes, compliance, and deal documentation.
• Deal Maintenance – Provide post-bind handoff, monitoring, and support.

Qualifications:

We are looking for someone who has these abilities and skills:

• Strong analytical, structuring, and quantitative skills as a P&C underwriter or an ART actuary.
• P&C insurance or reinsurance underwriting experience.
• Experience drafting or negotiating manuscript terms and partnering effectively with legal and contract-wording professionals.
• Excellent communication and networking skills, with the ability to present complex transactions to senior decision-makers.
• Strong negotiation and deal management/execution skills.
• Detail-oriented, thorough, efficient, accountable, and compliance-minded.
• Collaborative team player with ability to learn new products quickly.
• Preferred: Experience in Casualty lines, loss-sensitive/swing programs, large-deductible and corridor-retention structures. captive fronting, and fully reimbursed fronting programs.
• Knowledge of accounting and finance is a plus.

For this position, we currently expect to offer a base salary in the range of $235,000 to $270,000. 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 and individual performance. On top of this, you will 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.  

Where this role is based in the United States of America, this role is [Exempt/Non-Exempt] for FLSA purposes.

This posting is for an existing vacancy.