Underwriting Lead, Alternative Risk Transfer

About the role

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 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.

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.

Responsibilities

• 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

• 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.

Pay

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.

Benefits

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 reimburs