Director - Contract Surety Underwriting

September 16, 2024

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Logo of RLI Insurance Company

RLI Insurance Company

RLI Insurance Company is a specialty insurance provider that offers a variety of business and personal insurance solutions. The company specializes in property and casualty coverages and surety bonds, helping customers mitigate risks and protect their assets. With a focus on innovative insurance products, RLI serves both businesses and individuals by addressing diverse risk management needs. Known for its strong performance in the insurance industry, RLI has been recognized as one of the top 50 performing companies in the industry for over three decades.

1001 - 5000 employees

Founded 1965

💸 Finance

📋 Description

• Support the administration of the company’s underwriting structure • Underwrite and monitor commercial accounts and account lines • Develop and execute a marketing plan • Direct and develop the underwriting staff • Perform and monitor the risk analysis • Analyze, evaluate, accept, decline, rate, quote, and bind new submissions • Direct all aspects of the underwriting process for a group within a product line • Lead special projects and other duties as needed

🎯 Requirements

• Requires a bachelor’s degree in business, insurance, or a related field • 8 or more years of experience in a similar field or position • Advanced degree preferred • Ability to use analytical methods in underwriting processes to find workable solutions • Ability to communicate findings and recommendations to management on underwriting matters • Ability to manage and develop subordinates to ensure increased performance • Ability to use software to summarize and analyze large amounts of data • Ability to apply a strategic perspective to improve underwriting functions

🏖️ Benefits

• 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) • Annual bonus plans • 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 • Comprehensive medical, dental and vision benefits • 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

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