Senior Underwriter - Executive Products

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. Our insurance subsidiaries are rated A+ "Superior" by AM Best company and A "Strong" by Standard & Poor's. Check out our strong financial track record here.

Position Purpose

An RLI Executive Products Underwriter is analytical, creative and a problem solver. They work to foster relationships with wholesale brokers in a defined territory to underwrite and appropriately price policies that insure their customers' risks while maintaining profitability for RLI.

The position is responsible for underwriting a book of business made up of Directors and Officers (Public, Private, Not-for-Profit), Employment Practices, Fiduciary Liability (ERISA and Non-ERISA) and Fidelity accounts to achieve departmental premium and profit goals.

This position is responsible for the overall management, business development, analysis and monitoring of a book of business. Independently works within specific limits of authority on assignments utilizing underwriting policies and guidelines, rating manual rules and insurance laws and regulations as well as company policies and procedures.

They are also expected to maintain and develop broker relationships, including addressing opportunities and areas of concern. Participates in product line management including product enhancements as well as corrective action.

Principal Duties & Responsibilities

• Resourceful, analytical, with the ability to execute tasks through to resolution.

• Detail-oriented with initiative and ability to work in fast-paced team environment.

• A focus on delivering exceptional customer service.

• Excellent communication and interpersonal skills.

• Ability to work independently as well as part of a team.

• High sense of urgency and need to identify and resolve issues.

• Computer literate, including use of Word, Excel and various project management tools.

• Ability to travel, as needed.

Education & Experience

• College degree or equivalent work experience with demonstrated involvement in the insurance industry.

• RPLU designation is preferred.

• A minimum of 3 years relevant industry experience.

Knowledge, Skills, & Competencies

• Understanding of profitable risk selection and pricing.

• Skill and knowledge of broker/agency management and relationship building in assigned territory.

• Track record of uncovering, researching and putting together new product line opportunities by applying appropriate underwriting strategies and standards to qualify risk acceptability.

• Ability to work effectively and within an assigned level of underwriting authority.

• Experience planning, orchestrating, and leading highly effective broker meetings.

• Negotiates standard coverage issues, closes sale, and gauges customer satisfaction.

• Strong technical knowledge regarding underwriting, coverage and pricing within a particular product line.

• Participates in product line management including product enhancements as well as corrective actions.

• Serves as a company representative to external organizations, as appropriate.

• Proven ability to build and maintain strong productive relationships with individual brokers.

• Provide timely, courteous and efficient service to all internal and external clients.

• Keeps current on issues affecting the professional liability line of business as well as the competitors and the overall marketplace. Attends industry conferences as required.

Physical Requirements/Work Environment

• Remote or Hybrid: Usual office environment with frequent sitting, walking, and standing. Occasional climbing, stooping, kneeling, crouching, crawling, and balancing.

• Frequent use of eye, hand, and finger coordination enabling the use of standard office machinery.

• Oral and auditory capacity enabling interpersonal communication as well as communication through automated devices such as the telephone.

The starting base pay for this position is dependent on a variety of non-discriminatory factors, including but not limited to relevant skills, experience, education, specialty, and internal equity. The base pay range for this position, based on expected work location and job level is:

$97,302.00 - $157,520.00

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:

• Nationwide employment opportunities

• 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.

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

• Employee stock ownership plan (ESOP)

• 401(k) - automatic 3% company contribution

• Annual discretionary 401k and ESOP profit-sharing contribution (up to 15% of base salary)

• Annual bonus plans

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 insurance for purchase

• Critical Illness & Accident insurance

• Short-term and long-term disability benefits