Associate Underwriter - Inland Marine

RLI Corp; Peoria (AZ); On-site; USD 44,083 - 60,614; Full time

Benefits offered by this job

Annual bonus plans

Employee stock ownership plan (ESOP)

401(k) — automatic company match

Job summary

RLI Corp is seeking an underwriting support professional to assist from application through binding, collaborating with brokers and internal teams. You will learn the underwriting process through diverse projects and work toward quoting and binding under supervision.

The role emphasizes analytical data review, accurate processing, and clear communication of findings to stakeholders, with a strong focus on professional growth within underwriting.

Qualifications

• Typically requires a bachelor's degree in insurance, finance, risk management, business or a related field.
• Strong analytical and data interpretation skills.
• Ability to communicate findings and recommendations clearly to internal/external contacts.

Responsibilities

• Provide underwriting support for the entire process from application to binding.
• Review submissions and provide new business quotes as directed.
• Assist in policy reviews, endorsements, and data integrity checks.

Skills

Analytical thinking

Written and verbal communication

Data analysis software

Underwriting knowledge

Education

Bachelor's degree in Insurance/Finance/Risk Management/Business

Tools

Underwriting software

Data analysis tools

Job description

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 frequent supervision, provide underwriting support from application through post-binding activity. Interact with internal team members and broker customers to efficiently and accurately support the underwriting practice. Depending on prior experience, expected to learn, shadow, and train in the field of underwriting through various special projects. Become proficient in the technical platform and processes involved in Underwriting. Utilize judgement to align the aspects of the account to ensure consistency amongst the quote, binder, and policy. Identify notable inconsistencies in data elements and work with the Underwriter to reconcile. Study for and complete insurance examinations as deemed appropriate. Attend any relevant training sessions and study to complete relevant insurance examinations. Expected to progress to quote and bind under direction of underwriting management.Principal Duties & ResponsibilitiesProvides underwriting support for the entire underwriting process from start to finish.Review incoming submissions to determine viability for quoting.Provide new business quotes for underwriter review or directly to brokers as determined by Underwriting Authority Letter.Complete renewal review process.Review inspection reports and financial information to notify underwriters of potential issues or provide recommendations.Process endorsements and determine acceptability. Upon completion, review and approve for distribution.Handle worksheet process consisting of completing Underwriting Worksheet, Rating Worksheet, and Review/Pick Policy FormsPreform policy review process and approve for distribution.Assist in special projects and other duties as needed.Education & ExperienceTypically requires a bachelor's degree in insurance, finance, risk management, business or a related field0+ 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.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$32.16 - $44.22Total 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. 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.In compliance with the Los Angeles Fair Chance Ordinance, the San Francisco Fair Chance Ordinance, and California law and notice requirements, RLI will consider for employment qualified applicants with arrest and conviction records. However, RLI is subject to Title 18 United States Code Section 1033 which prohibits RLI from employing anyone who has been convicted under that statute or of a felony involving dishonesty or breach of trust.