Sr. Underwriter-Commercial Surety (Northeast territory)
About The Position
We’re not like other insurance companies. From our specialty products to our business model, our culture to our results — we’re different. Different is who we are, and how we work, interact, deliver and succeed together. Creating a different and better insurance experience doesn’t just happen. It takes focus and a shared passion for going beyond the expected to forge relationships and deliver care that makes a difference. This approach rises from and is supported by our talented, ethical and smart team of employee owners united around a single purpose: to work alongside our customers and partners when they need us, in unexpected ways, with exceptional results. Apply today to make a difference with us. RLI is a Glassdoor Best Places to Work company with a strong, successful background. For decades, our financial track record has been stellar — a testament to our culture and validation of our reputation as an excellent underwriting company. For this position, we are open to a hybrid role from one of our Northeast branch locations or a remote role in the Northeast if candidate does not live near a branch location. Underwriter will have profit and loss responsibility for a book of business within the territory. Develop and execute a marketing plan for new business by targeting key brokers, arranging meetings and attending industry functions. Adhere to underwriting guidelines and authority limits. Perform all required underwriting functions including financial analysis, account analysis, industry analysis, and administrative responsibilities. Serve as a resource on underwriting and territory issues to other members of the Commercial Surety team, located across the country. Lead special projects and other duties as needed.
Requirements
- Requires a bachelor’s degree in business, finance, or a related field and 3-7 years of experience in a similar field or position.
- Ability to use analytical methods in underwriting processes to find workable solutions.
- Ability to communicate findings and recommendations to management on underwriting matters.
- Excellent verbal and written communication skills.
- Ability to meet objectives while operating independently.
- Ability to apply a strategic perspective to improve underwriting functions.
Responsibilities
- Underwriter will have profit and loss responsibility for a book of business within the territory.
- Develop and execute a marketing plan for new business by targeting key brokers, arranging meetings and attending industry functions.
- Adhere to underwriting guidelines and authority limits.
- Perform all required underwriting functions including financial analysis, account analysis, industry analysis, and administrative responsibilities.
- Serve as a resource on underwriting and territory issues to other members of the Commercial Surety team, located across the country.
- Lead special projects and 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
Mid Level
Number of Employees
501-1,000 employees
