Portfolio Lead – Claims and Corporate

AXIS Capital; Red Bank (NJ); Hybrid; USD 137,500 - 229,000; Full time

Benefits offered by this job

Base salary range: $137,500 – $229,000

Incentive compensation

Medical plans

Retirement plans

Tuition reimbursement

Paid vacation

Job summary

AXIS Capital in Red Bank, NJ, seeks a Portfolio Lead to oversee claims and corporate strategic investment portfolios, driving planning, governance and delivery across initiatives. You’ll partner with Application Delivery, Data & Analytics, AI and COE teams while engaging senior leaders to shape and launch programs.

Responsibilities include maintaining roadmaps, budgets, risk management and cross‑Value Stream alignment.

Qualifications

• Bachelor’s degree in business administration or related field.
• 5+ years of experience in portfolio management.
• PM certifications (PMP, Lean Six Sigma, SAFe SPC, PMI-ACP) or equivalents are advantageous.
• Proven experience delivering large-scale projects in a matrixed environment.
• Experience deploying AI within a corporate environment.
• Experience in the insurance industry preferred.

Responsibilities

• Maintain delivery roadmaps, budgets and risks across initiatives.
• Ensure alignment of initiatives with business goals across divisions.
• Participate in PI Planning and identify cross‑Value Stream dependencies.
• Communicate with stakeholders to maintain transparency and progress.
• Allocate resources and govern portfolio execution in collaboration with Agile teams.

Skills

Portfolio management

AI deployment experience

PM certifications (PMP PMI-ACP Lean SA

Education

Bachelor’s degree in business administration or related field

Tools

AI-enabled tools

Project management software

Job description

About AXIS Capital

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, and strive to create an inclusive and welcoming environment where employees of all backgrounds feel comfortable and empowered to be themselves. 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 our operations.

Role Overview

The Portfolio Lead oversees the Claims and Corporate strategic investment portfolios, providing a clear view of delivery across projects and enhancements. This role blends project management and business insight to drive strategic planning, execution and governance. Key responsibilities include maintaining delivery roadmaps, managing budgets and risks, and ensuring alignment with business goals. The role operates in a matrixed environment, partnering with Application Delivery, Data & Analytics, AI and COE teams while engaging senior leaders to shape and launch initiatives.

Key Responsibilities

• Strategic Alignment – ensure all initiatives within the portfolio align with the organization’s strategic objectives in support of the Business Lead.
• Portfolio Governance and Management – manage the finances (budgets, actuals) of the Value Stream and the epics within Value Streams and provide reporting on Objectives & Key Results (OKR) attainment, delivery metrics and KPIs.
• Risk Management – identify and mitigate risks that could impact portfolio success.
• Stakeholder Communication – maintain clear communication with stakeholders, ensuring transparency and alignment on goals and progress.
• Resource Allocation – prioritize and allocate resources required to deliver initiatives not supported by Agile Teams.
• Participating in PI Planning – actively participate in Program Increment (PI) Planning, identifying cross‑Value Stream dependencies, setting priorities and mitigating impediments.
• Other duties – taking on additional responsibilities appropriate to the nature of this role as required.

Qualifications

We encourage you to bring your own experience and expertise to the table. While we list certain qualifications below, we are open to discussing how your individual knowledge might lend itself to fulfilling this role.

• Bachelor’s degree in business administration or a related field.
• Minimum 5+ years of experience in portfolio management.
• Project Management Professional (PMP), Lean Six Sigma certifications, Agile delivery certifications (e.g., SAFe SPC, SAFe Lean Portfolio Management, PMI-ACP) or other relevant certifications are advantageous.
• Proven experience in portfolio or project management with a track record of successfully leading and delivering large-scale projects in a matrixed environment.
• Experience deploying AI within a corporate environment.
• Proven experience in the insurance industry preferred.

Critical Competencies

• Ability to think strategically and align project goals with the overall business objectives of the Claims and Corporate Divisions.
• Strong analytical and problem‑solving skills, with the ability to synthesize complex information.
• Strong communication and stakeholder management abilities, including strong written and verbal skills.
• Ability to adapt to changing project requirements and manage ambiguity.
• Keen attention to detail to ensure project plans and deliverables are accurately developed and maintained.
• Strong collaborative skills to work effectively with various teams and stakeholders.
• Ability to balance structure and flexibility, with a focus on results and accountability.
• Strong executive presence and credibility, with experience dealing with senior business leaders.
• Effective influencing, negotiating and decision‑making skills.
• Strong organizational skills and ability to coordinate and manage multiple priorities.
• Proficiency in using AI‑enabled tools to enhance productivity, improve analysis, streamline communication and support effective portfolio management.
• Proficiency in project management tools and software platforms.

Role Factors

• Hybrid culture: you need to be in office 3 days per week.
• Much of the work involves using computers for data entry, analysis and communication; prolonged screen time is necessary.
• Desk‑bound work with occasional mobility within the office environment to attend meetings or access filing systems.

Benefits

• Base salary range: $137,500 – $229,000 (based on experience and location).
• Competitive target incentive compensation tied to overall corporate and individual performance.
• Comprehensive benefits package including medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid vacation and more.

Other Information

This posting is for an existing vacancy. Rewarding. Challenging. Meaningful. We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry.