Associate Underwriter – Executive Products (ESOP)

RLI Insurance Company

Dallas (TX)

On-site

USD 70,000 - 96,000

Full time

2 days ago
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Benefits offered by this job

Hybrid work arrangements
ESOP
401(k) company contribution
PTO & holidays

Job summary

RLI Insurance Company in Dallas, TX, seeks an Associate Underwriter who will learn the underwriting process from application to policy issuance under supervision. They will interact with brokers and internal teams to manage submissions and become proficient with the rating model and underwriting system.

Requires a bachelor's degree and 0–3 years of related experience. You will review financial statements, provide quotes to brokers, and support underwriting tasks while pursuing insurance

Qualifications

  • Requires a bachelor's degree in a relevant field.
  • 0-3 years of related work experience.

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 including financial analysis and opinion.
  • Handle underwriting system entry for submission including rating model and endorsements.
  • Perform policy review and approve for issuance.
  • Analyze, evaluate, accept/decline, rate, quote and bind submissions with guidance.

Education

Bachelor's degree

Tools

Rating model
Underwriting system

Job description

RLI Insurance Company in Dallas, TX, seeks an Associate Underwriter who will learn the underwriting process from application to policy issuance under supervision. They will interact with brokers and internal teams to manage submissions and become proficient with the rating model and underwriting system.

Requires a bachelor's degree and 0–3 years of related experience. You will review financial statements, provide quotes to brokers, and support underwriting tasks while pursuing insurance

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