Senior Investments Leader – Insurance Assets

RLI Insurance Company; Peoria (IL); Hybrid; USD 138,000 - 205,000; Full time

Benefits offered by this job

PTO and holidays

ESOP / Employee stock ownership plan

401(k) company contributions

Hybrid work arrangements

Fitness center discounts

Job summary

RLI Insurance Company is seeking a seasoned investment leader to drive portfolio strategy for its property and casualty general account and surplus assets. You will work with Treasury, Accounting, and Finance to align liquidity and capital goals, while overseeing external managers and delivering risk-adjusted returns.

The role emphasizes independent judgment, strategic thinking, and collaboration with senior management and the Board of Directors.

Qualifications

• Typically requires a bachelor's degree in finance, accounting, economics, business, or a related field.
• 10+ years of progressively responsible investment management experience.
• Direct experience managing property and casualty insurance company general account assets, with accountability for portfolio strategy, implementation, and performance.
• CFA designation and/or MBA preferred.
• [OR] equivalent level of education and experience

Responsibilities

• Develop, recommend, and execute investment strategy for property and casualty general account and surplus assets, including asset allocation, duration, credit quality, liquidity, income, and total return objectives.
• Independently identify, evaluate, and implement investment opportunities across all appropriate asset classes, including surplus growth and income strategies.
• Monitor portfolio performance, market and credit risk, liquidity, concentration, compliance, and GAAP and Statutory implications; conduct scenario analysis and recommend timely portfolio actions.
• Select and oversee outside investment managers, consultants, custodians, and other investment partners; establish and evaluate mandates, performance expectations, fees, guidelines, compliance, risk, and organizational changes.
• Use FactSet, Bloomberg, BondEdge, and related systems for market research, portfolio analytics, performance attribution, risk analysis, forecasting, management reporting, and data integrity.
• Develop investment reporting, analysis, and recommendations for senior management and the Board of Directors regarding portfolio strategy, performance, risk, market conditions, and outlook.
• Partner with Treasury to align investment portfolio positioning with enterprise liquidity, funding, and capital requirements, and collaborate with Accounting, Finance, Actuarial, Enterprise Risk, rating agencies, and other stakeholders regarding investment strategy and results.
• Oversee adherence to the company's investment policies and guidelines and recommend changes to investment policy, guidelines, limits, or governance practices based on market conditions, portfolio needs, regulatory requirements, and company objectives.
• Provide leadership and direction for investment staff, including establishing priorities, developing capabilities and talent, and ensuring effective execution of the company's investment strategy.

Skills

Investment management

Portfolio strategy

Executive communication

Due diligence

Education

Bachelor's degree in finance, accounting, economics, business, or related field

10+ years investment management experience

CFA designation and/or MBA preferred

OR equivalent education/experience

Tools

FactSet

Bloomberg

BondEdge

Job description

RLI Insurance Company is seeking a seasoned investment leader to drive portfolio strategy for its property and casualty general account and surplus assets. You will work with Treasury, Accounting, and Finance to align liquidity and capital goals, while overseeing external managers and delivering risk-adjusted returns.

The role emphasizes independent judgment, strategic thinking, and collaboration with senior management and the Board of Directors.