Sr. Underwriter - Executive Products (Wholesale)

rlicorp

Chicago (IL)

Hybrid

USD 111,000 - 156,000

Full time

2 days ago
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Benefits offered by this job

Hybrid work arrangements
Employee Stock Ownership Plan (ESOP)
Premium health benefits
PTO and holidays

Job summary

RLI Corp seeks a seasoned Management Liability underwriter to own and grow a profitable portfolio through disciplined underwriting, sound judgment, and strong broker relationships. The successful candidate will independently evaluate complex risks, make timely decisions, and deliver high-quality work for the Wholesale Division.

A Bachelor's degree and 5+ years of commercial underwriting experience are required; RPLU is preferred.

Qualifications

  • 5+ years of commercial underwriting experience, preferably in Management Liability.
  • Bachelor's degree or equivalent experience.
  • RPLU designation preferred.
  • Strong broker relationship building and communication skills.

Responsibilities

  • Analyze, quote, bind, and manage new and renewal Management Liability submissions within underwriting authority.
  • Build trusted relationships with Wholesale Brokers through responsive communication and underwriting decisions.
  • Exercise strong underwriting judgment by evaluating financial, operational, legal, and management exposures to determine acceptable risks.
  • Produce accurate, well-documented underwriting files, pricing rationale, and policy documentation requiring minimal rework.
  • Effectively prioritize new business, renewals, and responsibilities while meeting service standards and deadlines.
  • Collaborate with internal partners to support profitable growth and continuous process improvement.

Skills

Underwriting
Broker relationships
Risk assessment
Analytical thinking
Communication skills

Education

Bachelor's degree or equivalent experience
RPLU designation preferred

Job description

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.

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 Purpose

Own and grow a profitable portfolio of Management Liability business through disciplined underwriting, sound judgement, and exceptional broker relationships. The successful candidate will independently evaluate complex risks, make timely underwriting decisions, and deliver a high-quality work product while contributing to the continued growth and profitability of the Wholesale Division.

Principal Duties & Responsibilities
  • Analyze, quote, bind, and manage new and renewal Management Liability (D&O, EPL, etc) submissions within underwriting authority.
  • Build trusted relationships with Wholesale Brokers through responsive communication, consistent follow-through, and thoughtful underwriting decisions.
  • Exercise strong underwriting judgment by evaluating financial, operational, legal, and management exposures to determine acceptable risks.
  • Produce accurate, well-documented underwriting files, pricing rationale, and policy documentation requiring minimal rework.
  • Effectively prioritize new business, renewals, and operational responsibilities while meeting service standards and internal deadlines.
  • Collaborate with internal partners to support profitable growth and continuous process improvement.
Education & Experience
  • Bachelor's degree or equivalent experience.
  • 5+ years of commercial underwriting experience, preferably in Management Liability.
  • Demonstrated success managing a profitable book of business and building strong broker relationships.
  • RPLU designation preferred
Knowledge, Skills, & Competencies
  • Sound underwriting judgment and analytical thinking.
  • Strong knowledge of Management Liability products and underwriting strategy.
  • Excellent communication and negotiation skills.
  • Exceptional attention to detail and organizational skills.
  • Ability to manage competing priorities in a fast-paced environment.
  • Accountability, ownership, and independent decision-making.
  • Intellectual curiosity and a commitment to continuous learning.
  • Relationship builder with strong marketing instincts and the ability to create trusted partnerships that generate profitable business
What Success Looks Like
  • Builds trusted broker relationships that generate repeat business.
  • Makes timely, well-reasoned underwriting decisions aligned with company strategy.
  • Maintains exceptional underwriting quality and documentation.
  • Grows a profitable portfolio while balancing production, retention, and profitability.
  • Demonstrates ownership, accountability, and a collaborative, team-first mindset.
Compensation Overview

The 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

$111,357.00 - $156,093.00

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
  • Annual bonus plans
  • Employee stock ownership plan (ESOP)
  • 401(k) - automatic 3% company contribution
  • Annual 401k and ESOP profit-sharing contributions (Up to 15% of eligible earnings)
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, critical il
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