Insurance Underwriter
4 weeks ago
We're seeking a skilled Insurance Underwriter to join our team at RLI. As an Insurance Underwriter, you will play a critical role in underwriting new and renewal individual accounts, reviewing complex submissions, and analyzing data to determine profitable premiums.
Key Responsibilities
* Underwrite new and renewal individual accounts, reviewing complex submissions and analyzing data to determine profitable premiums.
* Review sources of profit by selecting appropriate risks and assist in the approval, issuance, or change requests for policies.
* Analyze, evaluate, accept, decline, rate, quote, and bind new or renewal submissions with high premium or risk exposure.
* Review simple to moderately complex submissions, account losses, pricing models, and profitable premiums.
* Assist with special projects or other duties as needed.
Requirements
* Bachelor's degree in insurance, finance, risk management, business, or a related field.
* 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.
* Has some authority to process approval, issuance, or change requests for policies.
About RLI
RLI fosters a true learning culture and encourages professional growth through insurance courses, in-house training, and other educational programs. We make a commitment to employees to provide educational opportunities that help them enhance their skills and further their career advancement. Our goal is to attract, develop, and retain the best employee talent from diverse backgrounds while promoting an environment where all viewpoints are valued and individuals feel respected, are treated fairly, and have an opportunity to excel in their chosen careers.
What We Offer
* Employee Stock Ownership Plan (ESOP)
* Paid time off (PTO) and holidays
* Paid volunteer time off (VTO) to support our communities
* 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 insurance for purchase
* Critical Illness & Accident insurance
* Short-term and long-term disability benefits
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