Underwriter-Commercial Surety (remote; California)

RLI Insurance Company; Los Angeles (CA); Hybrid; USD 93,000 - 151,000; Full time

Job summary

An innovative insurance company is seeking a motivated individual to join their team in Los Angeles. This role focuses on developing marketing strategies and performing essential underwriting tasks, allowing you to make a significant impact in the industry. With a commitment to employee growth and a culture that values diversity and inclusion, this company offers a unique opportunity to thrive in a supportive environment. Join a team dedicated to exceptional service and be part of a company that values your contributions and encourages professional development.

Benefits

Employee Stock Ownership Plan

401(k) with Company Contribution

Paid Time Off (PTO)

Flexible Work Arrangements

Fitness Center Discounts

Employee Assistance Program

Paid Volunteer Time Off (VTO)

Qualifications

• Bachelor's degree required with 3-7 years of relevant experience.
• Strong analytical and communication skills essential.

Responsibilities

• Develop and execute marketing plans targeting key brokers.
• Perform underwriting functions including financial and industry analysis.

Skills

Analytical Methods

Communication Skills

Customer Service Orientation

Strategic Perspective

Education

Bachelor's Degree in Business

Bachelor's Degree in Finance

Job description

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 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 .

• Develop and execute a marketing plan for new business by targeting key brokers in the state of California, arranging meetings and attending industry functions, which requires periodic travel.
• Perform all required underwriting functions including financial analysis, account analysis, industry analysis, and administrative responsibilities.
• Adhere to underwriting guidelines and authority limits.
• Serve as a resource on underwriting and territory issues to other members of the Commercial Surety team, located across the country.
• Lead special projects and other duties as needed.

Education & Experience

Requires a bachelor’s degree in business, finance, or a related field and 3-7 years of experience in a similar field or position.

Knowledge, Skills, and Competencies

• Ability to use analytical methods in underwriting processes to find workable solutions.
• Ability to communicate findings and recommendations to management on underwriting matters.
• Excellent verbal and written communication skills and interpersonal skills.
• Ability to meet objectives while operating independently.
• Ability to apply a strategic perspective to improve underwriting functions
• Must be customer service oriented

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 :

93,248.00 - $150,957.00

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

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.

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)

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

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