Technical Underwriting Manager (Amusement & Entertainment)

RLI Insurance Company

8d•Hybrid

About The Position

Under general oversight, support the administration of the company’s underwriting structure. Underwrite and monitor accounts and account lines. Develop and execute a marketing plan. Perform and monitor the risk analysis. Analyze, evaluate, accept, decline, rate, quote, and bind new submissions. Has greater ownership and accountability over the review of complex sources of profit and selecting appropriate risks.

Requirements

Typically requires a bachelor's degree in insurance, finance, risk management, business or a related field
Minimum of 7+ years of related experience for consideration [OR] equivalent level of education and experience
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.
Consistent display of complete/organized files at audits and documentation is at a level that judgement/pricing is easily understood by anyone’s review.
Shown initiative and work ethic that demonstrates a higher level of understanding and commitment to the underwriting process.
Building and maintaining their own profitable book of business.

Responsibilities

Analyze, evaluate, accept, decline, rate, quote, and bind new or renewal submissions with high premium or risk exposure.
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