Product Associate

axiscapital; New York (NY); On-site; USD 61,000 - 80,000; Full time

Job summary

AXIS Capital in New York seeks a Product Associate to review and prioritize product change requests, ensuring underwriting consistency, product effectiveness, and regulatory compliance.

You will analyze changes, draft clear requirements for system implementation, test for alignment with business needs, and coordinate with the technology team to deploy updates.

Qualifications

• Bachelor's degree from an accredited institution.
• Prior relevant experience in insurance, product management, or analytics.
• Strong analytical skills with proficiency in data analysis tools such as Excel & Power BI
• Excellent communication skills with the ability to convey complex concepts to both technical and non-technical audiences.
• Detail-oriented mindset with a demonstrated ability to manage multiple projects simultaneously.

Responsibilities

• Reviewing and prioritizing product change requests to ensure consistency in underwriting, product effectiveness, and compliance.
• Analyzing requested product changes, identifying potential issues, and considering their context and impact on other products.
• Collaborating with colleagues to seek clarification when needed and providing feedback and recommendations on product change implementation.
• Developing clear and accurate requirements for product change system implementation with guidance and supervision.
• Conducting testing to verify that product change requirements align with business expectations and compliance standards.
• Working closely with our technology team to address reported defects and ensure seamless integration of product changes into our systems.
• Collaborating with stakeholders and team members to ensure accurate representation of products in our systems.
• You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.

Skills

Analytical skills

Communication

Detail-oriented

Project management

Data analysis

Education

Bachelor's degree

Tools

Excel

Power BI

Job description

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.

Job Description: Product Associate

How does this role contribute to our collective success?

• Reviewing and prioritizing product change requests to ensure consistency in underwriting, product effectiveness, and compliance.
• Analyzing requested product changes, identifying potential issues, and considering their context and impact on other products.
• Collaborating with colleagues to seek clarification when needed and providing feedback and recommendations on product change implementation.
• Developing clear and accurate requirements for product change system implementation with guidance and supervision.
• Conducting testing to verify that product change requirements align with business expectations and compliance standards.
• Working closely with our technology team to address reported defects and ensure seamless integration of product changes into our systems.
• Collaborating with stakeholders and team members to ensure accurate representation of products in our systems.
• You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.

About You

We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences, we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.

What you need to have

• Bachelor's degree from an accredited institution.
• Prior relevant experience in insurance, product management, or analytics.
• Strong analytical skills with proficiency in data analysis tools such as Excel & Power BI
• Excellent communication skills with the ability to convey complex concepts to both technical and non-technical audiences.
• Detail-oriented mindset with a demonstrated ability to manage multiple projects simultaneously.
• Proven track record of driving results and delivering actionable insights in a fast-paced environment.

What we prefer you to have

• Strong research skills in insurance regulation
• Knowledge of underwriting claims and/or product development functions.
• Knowledge of insurance principles, products, and regulatory requirements preferred.

At AXIS, we value diversity of thought and are excited to welcome someone with your fresh perspective into our team. This role offers the opportunity to grow and learn in a supportive environment.

For this position, we expect to offer a base salary in the range of USD $61,000 - $80,000. The specific salary offer will be based on an assessment of a variety of factors, including the experience of the successful candidate and their work location. In addition, all employees are eligible for competitive incentive targets, with awards based on overall corporate and individual performance.

On top of this, 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.

This posting is for an existing vacancy.