Sr. Risk

2 weeks ago


Peoria, IL, United States RLI Full time
About Us
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.

Position Purpose

Under general management, the Sr. Risk and Financial Analyst will support the IT Operations area in the execution of their responsibilities. Assists in various corporate governance responsibilities.

Principal Duties & Responsibilities
  • Supports the preparation and review of IT financial information, including the annual budget
  • Supports the monitoring and reporting on costs of large projects
  • Assists in execution and assessment of IT controls
  • Assists with third party management oversight, including monitoring access, review of third-party financial and security controls, and maintenance of the vendor database
  • Assists in the maintenance of the Business Continuity Plan, including ensuring Business Impact Analysis documents are updated annually.
  • Utilizes analytical skills to respond to inquiries by gathering, analyzing, summarizing, and interpreting data.
  • Makes informed decisions based on critical thinking while effectively communicating with supervisor.
  • Assists with special projects and other duties as needed.
Education & Experience

Requires a bachelor's degree in accounting, finance, business administration, Information Technology or a related field and 4+ years of experience.

Knowledge, Skills, & Competencies
  • Demonstrate an understanding of business processes, Information Technology controls, third party risk management, and how they interact together.
  • Ability to work in structured and unstructured environments while focusing on big picture objectives amongst day to day responsibilities.
  • Ability to use analytical methods to understand relationships, check facts, and find creative yet workable solutions.
  • Ability to communicate effectively with internal and external contacts.
  • Ability to investigate, research, develop recommendations, and communicate effectively, both written and verbal, to management on complex topics.
  • Ability to provide leadership and guidance to others in the company regarding third party risk management processes.
Compensation Overview
The base salary range for the position is listed below. Please note that the base salary is only one component of our robust total rewards package at RLI. The salary offered will take into account a number of factors including, but not limited to, geographic location, experience, scope & responsibilities of the role, qualifications/credentials, talent availability & specialization, as well as business needs. The below range may be modified in the future.

Base Pay Range
$71,512.00 - $100,296.00

Total Rewards
At RLI, we're all owners. We hire the best and the brightest employees and allow them to share in the company's success through our Total Rewards. With the Employee Stock Ownership plan at its core, the Total Rewards program includes all compensation, benefits and perks that come with being an RLI employee.

Financial Incentives
  • 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)
Work & Life
  • 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
Health & Wellness
  • 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
Personal & Professional Growth
RLI encourages its employees to pursue professional development work in insurance and job-related areas. We make a commitment to employees to provide educational opportunities that help them enhance their skills and further their career advancement. RLI fosters a true learning culture and encourages professional growth through insurance courses, in-house training and other educational programs. RLI covers the cost for most programs and employees typically earn a bonus upon successful completion of approved courses and certifications. Our personal and professional growth benefits include:
  • Training & certification opportunities
  • Tuition reimbursement
  • Education bonuses


Diversity & Inclusion
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. We actively support, and participate in, initiatives led by the American Property Casualty Insurance Association that aim to increase diversity in the insurance industry. Cultivating an exceptional and diverse workforce to deliver excellent customer service reinforces our culture and is a key to achieving superior business results.

RLI is an equal opportunity employer and does not discriminate in hiring or employment on the basis of race, color, religion, national origin, citizenship, gender, marital status, sexual orientation, age, disability, veteran status, or any other characteristic protected by federal, state, or local law.
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