Senior Analyst, Alternative Investments

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.

Senior Analyst, Alternative Investments

About AXIS

AXIS Capital is a global provider of specialty insurance and reinsurance solutions, with operations across North America, Bermuda, Europe, and Asia. We take a holistic approach to underwriting and investments, aiming to deliver strong risk-adjusted returns aligned to our risk appetite. We foster an ethical, entrepreneurial, disciplined, and inclusive culture that prioritizes outstanding client service, intelligent risk-taking, and long-term value creation for our shareholders.

About the Team

The AXIS Investments team is a high-performing group of 11 professionals responsible for overseeing the firm’s investment portfolio. The Alternatives team, as part of AXIS’s Investments team, manages a diversified portfolio of external fund investments and co-investments across private equity, private credit, real assets, and other alternative strategies. The team partners closely with the Risk and Finance teams and has regular visibility to the Investment & Finance Committee and the Board of Directors. This is a high-impact environment with direct exposure to senior leadership and meaningful influence on investment decisions.

The Opportunity

This role offers the opportunity to directly supporting how AXIS allocates capital across alternative investment and public equity strategies. You will lead end-to-end due diligence on investment opportunities, develop clear recommendations, and play a key role in ongoing portfolio monitoring. This is a hands-on role with real ownership, where your work informs decisions at the CIO and Investment Committee level.

Role Factors

• Hybrid work model (typically 3 days per week in-office)
• Limited travel (<10%) for manager meetings, due diligence, and industry events

Key Responsibilities

Investment Sourcing & Evaluation

• Identify and evaluate external investment managers and strategies across private equity, private credit, real estate, infrastructure, and other alternatives
• Maintain an active pipeline of investment opportunities through ongoing market research and industry engagement

Due Diligence & Underwriting

• Lead full lifecycle due diligence, including:
  • Strategy and portfolio analysis
  • Performance and return drivers
  • Team and organizational assessment
  • Operational and risk evaluation
• Assess portfolio exposures, cash flows, fees, and risk/return trade-offs
• Develop key diligence questions and synthesize findings into actionable insights

Investment Recommendations

• Prepare clear, structured investment memos and recommendations
• Present findings to senior stakeholders, including the Head of Alternatives and Chief Investment Officer
• Contribute materials for governance forums (e.g., Investment & Finance Committee)

Portfolio Monitoring & Oversight

• Monitor existing investments, including performance tracking and manager reporting
• Evaluate results against original investment thesis and identify emerging risks or opportunities
• Maintain ongoing relationships with external managers through meetings, calls, and annual reviews

Portfolio Construction Support

• Assess how new investments fit within overall portfolio objectives, diversification targets, and risk constraints
• Support portfolio construction discussions and strategic allocation decisions

Data, Reporting & Process Improvement

• Track and reconcile portfolio and fund-level data, including cash flows, valuations, and performance
• Support internal reporting across Investments, Risk, and Finance
• Develop tools, templates, and processes to enhance diligence and monitoring consistency

Cross-Functional Partnership

• Partner with stakeholders across Investments, Risk, Finance, Accounting, Legal, and Tax to support informed decision-making and governance

Candidate Profile

Core Experience

• 4 to 10 years experience evaluating alternative investment managers or strategies (e.g., private equity, private credit, real assets)
• Hands-on involvement in due diligence, manager research, and/or portfolio monitoring
• Background in an allocator environment, including investment consultants, insurance companies, endowments or foundations, pensions, family offices, etc. preferred

Technical Skills

• Strong analytical and financial modeling skills
• Ability to assess performance, portfolio exposures, and risk/return characteristics of funds
• Familiarity with tools such as Excel, Bloomberg, AI, and portfolio analytics platforms

Communication & Execution

• Ability to synthesize complex information into clear, decision-ready materials
• Strong written and verbal communication skills, with experience presenting to stakeholders
• Proven ability to manage multiple priorities, operate independently, and deliver against deadlines

Additional

• Bachelor’s degree (or equivalent experience) required
• Exposure to co-investments or direct investments is a plus

What we offer

For this position, we currently expect to offer a base salary in the range of $160,000 to $200,000 (NY). 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 performance and your individual performance. You will also 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.

This posting is for an existing vacancy.