Senior Underwriter - Executive Products Group (Dallas, TX; Chicago, IL; Atlanta, GA; remote onl[...]

About UsWe’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 PurposeUnder general oversight, our Senior Underwriter will be responsible for building strong relationships with producers and contacts for our Executive Products Group which includes Directors & Officers, Employment Practices, Fiduciary, and Crime. Our Senior Underwriter has ownership and responsibility to review complex sources of profit by selecting appropriate risks and increasing submission flows.At this time, we are only considering remote candidates who currently reside in the Houston, TX area.Principal Duties & ResponsibilitiesAnalyze, evaluate, accept, decline, rate, quote, and bind new or renewal submissions with high premium or risk exposure across diverse portfolio of public, private/non-profit and private equity accounts.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.Education & ExperienceTypically requires a bachelor's degree in insurance, finance, risk management, business or a related fieldMinimum of 5+ years of related experience for consideration[OR] equivalent level of education and experienceKnowledge, Skills, & CompetenciesAbility 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 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.Analytical skills and understanding of submission requirements, model entry, and product appetite.Participates in underwriting related continuing education.Ability to generate innovative solutions within the underwriting department.Has a good understanding of the markets and clients being serviced.Has some authority to process approval, issuance, or change requests for policies.Works on slightly more complex risks and has obtained higher level of authority.Presents solutions to management on non-standard issues without prior oversight or guidance from manager.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.Compensation OverviewThe 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$106,295.00 - $148,998.00Total RewardsAt 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 IncentivesAnnual bonus plansEmployee stock ownership plan (ESOP)401(k) — automatic 3% company contributionAnnual 401k and ESOP profit-sharing contributions (Up to 15% of eligible earnings)Work & LifePaid time off (PTO) and holidaysPaid volunteer time off (VTO) to support our communitiesParental and family care leaveFlexible & hybrid work arrangementsFitness center discounts and free virtual fitness platformEmployee assistance programHealth & WellnessComprehensive medical, dental and vision benefitsFlexible spending and health savings accounts2x base salary for group life and AD&D insuranceVoluntary life, critical illness, & accident insurance for purchaseShort-term and long-term disability benefitsPersonal & Professional GrowthRLI 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 opportunitiesTuition reimbursementEducation bonusesDiversity & InclusionOur 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. #J-18808-Ljbffr RLI Corp