Underwriting/Operations Assistant - Transportation (Atlanta, GA or Bala Cynwyd, PA)

RLI Insurance Company; Bala Cynwyd (PA); Hybrid; USD 29,000 - 39,000; Full time

Benefits offered by this job

Hybrid work arrangements

PTO & holidays

Employee stock ownership plan (ESOP)

401(k) company match

Job summary

RLI Insurance Company in Bala Cynwyd, PA, is seeking an Underwriting Support professional to create policy documents, maintain files, and assist with renewal transactions while ensuring regulatory compliance. This role provides back-up support to underwriters and works with producers to resolve discrepancies.

Candidates typically have a high school diploma with 2+ years of related experience; an associate degree is preferred.

Qualifications

• Requires high school diploma; associate degree preferred.
• 2+ years related experience.
• Equivalent level of education and experience.

Responsibilities

• Create policy documents representing the insurance transaction.
• Ensure regulatory compliant coding and issuance of policies.
• Order inspections, audits, and loss runs as required.
• Maintain underwriting files (electronic/physical).
• Solicit renewal transactions and support producers.
• Support underwriters with data formatting for front-end systems.
• Develop underwriting information from various data sources as needed.
• Review certificates to ensure reinsurer/underwriter alignment.

Skills

Procedural compliance

Data entry accuracy

Excel proficiency

Project management

Deadline oriented

Interacting with insurers

Education

High school diploma

Associate degree preferred

Tools

Windows

Business Objects

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

Support Underwriting by creating policy documents, ensure compliance with regulatory requirements, order inspections and premium audits, maintain electronic underwriting files, solicit renewal transactions, provide basic operational support for the product line’s underwriters, and provide back-up support for the Operations Representative. Review insurance certificates, resolving discrepancies with reinsurers, providing operations, production, and underwriting reports, working with producers, audit work of others, given authority in some cases on behalf of Underwriting.

Principal Duties & Responsibilities

• Create policy documents which represent the insurance transaction bound by the underwriter.
• Ensure the statistical coding and policy issuance complies with regulatory requirements for each insurance transaction.
• Order inspections, premium audits, and loss runs as required.
• Maintain electronic and/or physical underwriting file.
• Solicit renewal transactions.
• As necessary, re-format data for import into front end system.
• Provide basic operational support for the product line’s underwriters.
• As requested by underwriters, develop underwriting information from the internet and other data sources.
• Review facultative insurance certificates to ensure the terms identified by the reinsurer are consistent with terms expected by underwriter.
• Resolve accounting discrepancies with facultative reinsurers.
• Provide operational, production, and underwriting reports to underwriting staff as requested, utilizing front-end systems and/or Business Objects.
• Contact producers to determine appropriate courses of action.
• Assist with User Acceptance Testing of systematic changes.
• Audit the work of others.
• May be given authority to review/approve endorsements, review/analyze risks, review terms and conditions of underlying policies, review inspections of risks, each of which would be on behalf of Underwriting.

Education & Experience

• Typically requires a high school diploma; Associates degree preferred
• 2+ years of related experience for consideration
• [OR] equivalent level of education and experience

Knowledge, Skills, & Competencies

• Ability to follow operations procedures as outlined by the Operations Manager.
• Ability to meet processing deadlines with minimal error.
• Ability to manage a variety of projects, both long- and short-term simultaneously.
• Ability to use database software including Windows operating systems, computer network environment and printers to process insurance policy changes.
• Accurate data entry.
• Superior Excel skills to peer review formulas, formatting, and data cleansing of large spreadsheets.

Compensation Overview

$21.01 - $27.96

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 illness, & accident insurance for purchase
• Short-term and long-term disability benefits

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:

• Training & certification opportunities
• Tuition reimbursement
• Education bonuses

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.