Associate Underwriter - Executive Products Groups

RLI Corp

# Associate Underwriter - Executive Products GroupsApplylocations: Chicago, ILtime type: Full timeposted on: Posted 2 Days Agojob requisition id: R1731# **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**### An RLI Associate Underwriting Trainee will learn the underwriting process from application through policy issuance under frequent supervision. They will learn to interact with internal team members and broker customers to efficiently and accurately manage the underwriting process. They will become proficient in the technical platform and processes involved in underwriting accounts for Executive Products Group. They will utilize judgement to align the aspects of the account to ensure consistency amongst the quote, binder, and policy. They will learn to review submission materials and financial statements to determine risk appropriateness for our underwriting appetite. They will study for and complete insurance examinations and attend any relevant training sessions to complete relevant insurance examinations.**Principal Duties & Responsibilities*** ### Learn the entire underwriting process from start to finish.* ### Review incoming submissions to determine viability for quoting.* ### Review application and complete analysis of financial statements to determine submission viability.* ### Provide new business quotes to brokers, after review with underwriter.* ### Complete detailed underwriting worksheet to include financial analysis, business review and underwriting opinion* ### Handle underwriting system entry for submission including rating model, selection of policy form and endorsements* ### Perform policy review process and approve for policy issuance.* ### Analyze, evaluate, accept, decline, rate, quote, and bind new or renewal submissions across private, public, and non-profit sectors with management guidance* ### Build relationships between retail agents and brokers in the territory* ### Assist with special projects or other duties as needed.**Education & Experience*** ### Requires a bachelor's degree; preferred in insurance, risk management, finance, accounting or business* ### 0-3 years of related work experience for consideration**Knowledge, Skills, & Competencies*** ### 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 underwriting accounts.* ### Ability to build marketing relationships Executive Products Group brokers and agents* ### 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.* ### Provide timely, courteous and efficient service all internal and external candidates* ### Ability to effectively review corporate financial statements* ### Participates in underwriting related continuing education, i.e. RPLU courses.# **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**$33.70 - $46.32# **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.RLI is a specialty insurance company that helps customers navigate the world of insurance and risk. For more than a half century, we’ve been helping people and companies safeguard their assets through our innovative portfolio of property and casualty coverages and surety products. We’re not what you’d expect from a typical insurance company. From our products to our business model, our culture to our results — we’re different. **WHAT MAKES RLI DIFFERENT** **Our remarkable people.** Our people are among the smartest and most knowledgeable in the business. They are experts at building relationships that last with our brokers and customers by providing outstanding service and creating ideal coverages with competitive premiums. **Our underwriting focus.** We seek underserved niches in the marketplace and provide coverages that meet very specific needs. We eliminate unnecessary bureaucracy, give our underwriters authority and share the profits. **Our entrepreneurial culture.** At RLI, we’ve created a business model that works: hire smart, ethical people, make them owners of the business, and give them the freedom to succeed. Our employees are encouraged to seek out opportunities, make things happen and do the unexpected.
J-18808-Ljbffr RLI Corp

Vacancy posted 3 days ago

Similar jobs that could be interesting for youBased on the Associate Underwriter - Executive Products Groups in Chicago, IL vacancy

Associate Underwriter - Executive Products Groups
$33.7 - $46.32 per hour
...companies. From our specialty products to our business model, our... ...reputation as an excellent underwriting company. Position Purpose An RLI Associate Underwriting Trainee will learn... ...underwriting accounts for Executive Products Group. They will utilize judgement...
Suggested
Temporary work
Traineeship
Work experience placement
Local area
Flexible hours
RLI
Chicago, IL
3 days ago
Life Insurance Underwriter, Associate
$65k - $85k
Overview Associate Underwriter - P&C Insurance at Upland Capital Group Inc., Chicago, IL. Upland Capital Group, Inc. is an AM Best rated “A-” VIII specialty property... ..., underwrites and services specialty insurance products in select markets to include excess...
Suggested
Work at office
Remote work
Carlsbad Tech
Chicago, IL
2 days ago
Wholesale Management Liability Executive Underwriter
...Our Financial Lines Underwriting Team is seeking a highly motivated individual... ...and sales skills to fill an Executive Underwriter opportunity on... ..., and Fiduciary Liability product lines through marketing, underwriting... ...our seven Employee Resource Groups (ERGs), which are open to all...
Suggested
Local area
Liberty Mutual Insurance
Chicago, IL
2 days ago
Sourcing - Executive Underwriter, Wholesale Excess Casualty
...Description We are seeking an experienced Executive Underwriter to drive profitable growth within our... ...portfolio trends, emerging risks, and product or process improvements.... ...provided through our Employee Resource Groups. Each employee plays a role in creating...
Suggested
Local area
Liberty Information Technology Limited
Chicago, IL
1 day ago
CHIEF INSURANCE UNDERWRITER -
$78.8k - $110.3k
...customers to manage risk. Join us as an Executive Underwriter, AIG Risk Management (AIGRM) to play... ...Liability and Auto Liability primary Casualty product lines and typically manages accounts/... ...the world American International Group, Inc. (AIG) is a global leader in...
Suggested
Work at office
American International Group
Chicago, IL
4 days ago
Executive Underwriter, Energy
...Executive Underwriter The Executive Underwriter is responsible for underwriting energy accounts... ...loss histories, engineering reports, production/operational data and modelling; set terms... ...through our Employee Resource Groups. Each employee plays a role in creating...
Liberty Information Technology Limited
Chicago, IL
17 days ago
Executive Underwriter, Chubb Global Casualty
$114.6k - $194.8k
...achievement of the Chubb Global Casualty business plan. The Executive Underwriter is responsible for production, underwriting and maintenance of new and renewal... ..., reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive...
Full time
Temporary work
Local area
Chubb
Chicago, IL
2 days ago
Executive Underwriter, Commercial Insurance Specialty
$100k - $165k
...for growth within new and existing production sources and developing and executing a new business growth strategy... ...roll out. Collaborating with underwriters, operations, claims, marketing and... ...and life insurance to a diverse group of clients. The company is distinguished...
Full time
Temporary work
Work at office
Local area
Home office
Chubb
Chicago, IL
1 day ago
Executive Underwriter- Ocean Marine, Cargo
$132.2k - $257.1k
...Americas Regional Marine Cargo Product Line Manager AXA XL's... ...clients by providing effective underwriting, valuable risk engineering, and... ...in support of the successful execution of territorial strategic... ...Five Business Resource Groups focused on gender, LGBTQ+, ethnicity...
Work at office
Flexible hours
AXA XL Ltd
Chicago, IL
4 days ago
Executive Underwriter- Home Office, Commercial Bond
$132.2k - $257.1k
...Executive Underwriter Our ambition is to unlock a more sustainable and prosperous tomorrow by... ...including the development of innovative bond products and long-term growth initiatives.... ...succeed. Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and...
Home office
Flexible hours
AXA XL Ltd
Chicago, IL
2 days ago
Senior Executive Underwriter - National Accounts, Excess Casualty
$120k - $150k
...Join us as a Senior Executive Underwriter - National Accounts, Excess Casualty to step up to a key... ...training, reports, new project request, product amendments). Assist underwriters in... ...to the world American International Group, Inc. (AIG) is a global leader in commercial...
Contract work
Work at office
Flexible hours
AIG
Chicago, IL
2 days ago
Executive Underwriter, Cyber Technology Errors & Omissions
...team is seeking an experienced underwriter to support a growing retail... ...and related cyber liability products. This role underwrites SME, middle... ...candidates for our Senior or Executive-level Underwriting positions.... ...our Employee Resource Groups. Each employee plays a role in...
Local area
Liberty Mutual Insurance
Chicago, IL
17 hours ago
Senior Executive Underwriter, Financial Institutions
$128.8k - $205.2k
...Senior Executive Underwriter - UW07EC Executive Underwriter - UW07ED We're determined to make... ...management and professional liability products for public and private financial... ...relationships and trust among diverse groups. The ability to advance their careers...
Temporary work
Work at office
Local area
3 days per week
The Hartford
Chicago, IL
3 days ago
Executive Underwriter, Builders Risk
...Inland Marine Underwriter As an Inland Marine Underwriter on the GRS Inland Marine team,... ...Underwrite a full range of inland marine products (e.g. builders' risk, contractors' equipment... ...provided through our Employee Resource Groups. Each employee plays a role in creating...
Contract work
Temporary work
For contractors
For subcontractor
Local area
Liberty Mutual Insurance Group
Chicago, IL
1 day ago
Executive Underwriter, Cyber Technology Errors & Omissions
...Cyber Retail Underwriter Ironshore's Cyber Retail team is seeking... ...and related cyber liability products. This role underwrites SME, middle... ...candidates for our Senior or Executive-level Underwriting positions.... ...our Employee Resource Groups. Each employee plays a role in...
Local area
Liberty Mutual Insurance Group
Chicago, IL
1 day ago
Underwriting Specialist / Executive Underwriter Property
...purpose of this position is to underwrite new business and renewals in... ...managers and national product line leaders regarding individual... ...3,660 with 25% incentive the Executive Underwriter is $116,080 - $15... .... Who we are: Markel Group (NYSE - MKL) a fortune 500 company...
Full time
Local area
Work from home
Flexible hours
Markel
Chicago, IL
1 day ago
Underwriting Specialist/Executive Underwriter, Inland Marine
...Underwriting Specialist What part will you play? If you're looking... ...producers for profitability and production. Monitor results of the... ...25% bonus potential and the Executive Underwriter position is $116... .... Who we are: Markel Group (NYSE – MKL) a fortune 500...
Full time
Local area
Work from home
Flexible hours
Markel
Chicago, IL
4 days ago
Executive Products Underwriter Trainee (Hybrid Work)
$33.7 - $46.32 per hour
RLI Corp in Chicago seeks an Associate Underwriter to learn the underwriting process from application to policy issuance. Candidates will gain experience interacting with internal teams and brokers while evaluating risks effectively. This role requires a bachelor's degree...
Hourly pay
Traineeship
Work experience placement
RLI Corp
Chicago, IL
3 days ago
Underwriting Specialist or Executive Underwriter - E&S Property
$75k - $165k
Underwriting Specialist or Executive Underwriter - E&S Property Zurich is currently looking to... ...of sale. Market facing and production within the E&S Standard Property group. Administering and... ...Insurance Apprentice including an Associate Degree and 1 or more years of...
Full time
Temporary work
Apprenticeship
Currently hiring
Work at office
Local area
Remote work
Visa sponsorship
Flexible hours
3 days per week
Zurich 56 Company Ltd
Chicago, IL
2 days ago
Associate Underwriter E&S Property
$65k - $75k
...dictate how we live and work. We are a group with independence and people at its heart... ...North America, Inc. is seeking a Associate Underwriter E&S Property • Classification: Exempt... ...market dynamics, competitive landscape, and product differences (attend weekly underwriting...
Full time
Work at office
Local area
Howden Group Holdings
Chicago, IL
2 days ago
Associate Underwriter Windstorm Risk
$70k - $85k
...dictate how we live and work. We are a group with independence and people at its heart... ...North America, Inc. is seeking a Associate Underwriter Windstorm Risk Classification : Full... ...market dynamics, competitive landscape, and product differences Attend weekly...
Full time
Work at office
Local area
Howden Group Holdings
Chicago, IL
3 days ago
Associate Underwriter, Insurance
...following job description: Supports Underwriter with all job functions and often... ...relationships. 2. Market all company products and services to clients. 3. Underwrite... ...Benefits for Eligible Employees of CRC Group: At CRC Group, we're committed to supporting...
Full time
Temporary work
Shift work
Day shift
CRC Group
Chicago, IL
4 days ago
Executive Underwriter, Equipment Breakdown
...Liberty Mutual Equipment Breakdown Underwriter Are you looking for an... ...candidates for our Senior or Executive level positions, depending on... ...to facilitate marketing of products, through responsive service,... ...through our Employee Resource Groups. Each employee plays a role in...
Liberty Mutual Insurance Group
Chicago, IL
4 days ago
Life Insurance Underwriter, Associate
$65k - $80k
...manage the industrial lines division of the Talanx Group. Our extensive portfolio of products and services, combined with an international network... ...companies. We are currently seeking a Captive Associate Underwriter to join our team. This role supports underwriting activities...
Temporary work
Work at office
Local area
Flexible hours
HDI Global SE
Chicago, IL
4 days ago
Executive Search Associate, Global Technology & Services
$80k - $105k
...world's foremost advisor on executive leadership, driving superior... ...Executive Search Associates play a critical role in the execution... ...stakeholders with the aim of developing productive and trusting relationships... ...relationships with a diverse group of stakeholders....
Apprenticeship
Work experience placement
Work at office
Heidrick & Struggles
Chicago, IL
1 day ago
Senior Underwriter (Life Insurance)
$84.48k - $126.72k
...Group Underwriter Senior Location: This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement...
Temporary work
Work experience placement
Work at office
Local area
2 days per week
1 day per week
Elevance Health
Chicago, IL
1 day ago
Senior Insurance Underwriter/Underwriter
$80k - $115k
...Senior Group Underwriter Chubb Benefits is seeking a Senior Group Underwriter to join our fast-paced, high energy, growing company.... ...Chubb Worksite functions. Meet all departmental goals for productivity, quality and turnaround time. Handles complex cases within...
Work at office
Chubb
Chicago, IL
3 days ago
Executive Search Senior Associate, Industrial
$100k - $125k
...world’s foremost advisor on executive leadership, driving superior... ...Learn more at What We Do Senior Associates play a critical role in the... ...candidates, influencing and fostering productive partnerships. Preferred Role... ...relationships with a diverse group of stakeholders. Experience...
Apprenticeship
Work experience placement
Work at office
Heidrick & Struggles International, Inc.
Chicago, IL
17 hours ago
Employee Benefits and Executive Compensation Associate (Chicago)
$260k - $390k
...Together. Summary DLA Piper is seeking an associate to join its Employee Benefits and Executive Compensation group. The group prides itself on being collaborative... ...Provide timely, accurate, and quality work product; Successfully meet deadlines, expectations,...
Work at office
Work from home
Relocation
Relocation package
DLA Piper
Chicago, IL
3 days ago
Employee Benefits and Executive Compensation Associate (DC)
$225k - $260k
...Associate, Employee Benefits And Executive Compensation DLA Piper is seeking an associate to join its Employee... ...Benefits and Executive Compensation group. The group prides itself on being... ...timely, accurate, and quality work product; Successfully meet deadlines, expectations...
Work at office
Work from home
DLA Piper
Chicago, IL
4 days ago

Do you want to receive more vacancies?

Subscribe and receive similar vacancies to Associate Underwriter - Executive Products Groups. Be the first to apply!