Senior Underwriter - Executive Products Group (Dallas, TX; Chicago, IL; Atlanta, GA; remote only in Houston, TX)
RLI Insurance Company•Atlanta, GA
•Remote
About The Position
Under general oversight, our Senior Underwriter will be responsible for building strong relationships with producers and contacts for our Executive Products Group which includes Directors & Officers, Employment Practices, Fiduciary, and Crime. Our Senior Underwriter has ownership and responsibility to review complex sources of profit by selecting appropriate risks and increasing submission flows. At this time, we are only considering remote candidates who currently reside in the Houston, TX area.
Requirements
- Bachelor's degree in insurance, finance, risk management, business or a related field
- Minimum of 5+ years of related experience for consideration [OR] equivalent level of education and experience
- Ability to use analytical methods in underwriting processes to find workable solutions.
- Ability to verbally and in writing, communicate findings and recommendations to internal and external contacts on underwriting matters.
- Ability to use software to summarize and analyze large amounts of data.
- Understands, applies, & properly documents nature of operations of the risk for accounts assigned & communicates findings.
- Ability to prepare, review, and complete underwriting analysis of accounts.
- Analytical skills and understanding of submission requirements, model entry, and product appetite.
- Participates in underwriting related continuing education.
- Ability to generate innovative solutions within the underwriting department.
- Has a good understanding of the markets and clients being serviced.
- Has some authority to process approval, issuance, or change requests for policies.
- Works on slightly more complex risks and has obtained higher level of authority.
- Presents solutions to management on non-standard issues without prior oversight or guidance from manager.
- Ability to know proper sign off & correct UW judgement in most cases.
- Possess a thorough understanding of the internal processes of the product and displayed understanding of loss rating/credibility.
- Working toward building and maintaining a profitable book of business.
Responsibilities
- Analyze, evaluate, accept, decline, rate, quote, and bind new or renewal submissions with high premium or risk exposure across diverse portfolio of public, private/non-profit and private equity accounts.
- Build strong relationships between agents, reinsurers, and contacts.
- Review complex submissions, account losses, pricing models, and profitable premiums.
- Review complex sources of profit by selecting appropriate risks.
- Assist with special projects or other duties as needed.
Benefits
- Annual bonus plans
- Employee stock ownership plan (ESOP)
- 401(k) — automatic 3% company contribution
- Annual 401k and ESOP profit-sharing contributions (Up to 15% of eligible earnings)
- Paid time off (PTO) and holidays
- Paid volunteer time off (VTO) to support our communities
- Parental and family care leave
- Flexible & hybrid work arrangements
- Fitness center discounts and free virtual fitness platform
- Employee assistance program
- Comprehensive medical, dental and vision benefits
- Flexible spending and health savings accounts
- 2x base salary for group life and AD&D insurance
- Voluntary life, critical illness, & accident insurance for purchase
- Short-term and long-term disability benefits
- Training & certification opportunities
- Tuition reimbursement
- Education bonuses
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What This Job Offers
Job Type
Full-time
Career Level
Senior
