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RLI Corp

Technical Underwriter - Commercial Surety (remote from Texas)

RLI Corp, Dallas, TX, United States


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. Apply today to make a difference with us. RLI is a Glassdoor Best Places to Workcompany 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*This will be a remote position, ideally from Houston, TX or surrounding areas.Under occasional oversight, support the underwriting functions of a product line. Underwrite new or renewal individual accounts. Build strong relationships between agents, reinsurers, and contacts. Review complex submissions, account losses, pricing models, and profitable premiums. Review complex sources of profit by selecting appropriate risks.Principal Duties & ResponsibilitiesDirector will have profit and loss responsibility for a book of business within the territory. This can be a remote position with preferred geographic location being Houston, TX.Develop and execute a marketing plan for new business by targeting key brokers, arranging meetings and attending industry functions.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 & ExperienceRequires a bachelor’s degree in business, insurance, or a related field and 5+years of experience in a similar field or position.Knowledge, Skills, & CompetenciesAbility 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.Ability to meet objectives while operating independentlyAbility to apply a strategic perspective to improve underwriting functions.Compensation OverviewThe 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$149,167.00 - $213,114.00Total RewardsAt 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 IncentivesAnnual bonus plansEmployee stock ownership plan (ESOP)401(k) — automatic 3% company contributionAnnual 401k and ESOP profit-sharing contributions (Up to 15% of eligible earnings)Work & LifePaid time off (PTO) and holidaysPaid volunteer time off (VTO) to support our communitiesParental and family care leaveFlexible & hybrid work arrangementsFitness center discounts and free virtual fitness platformEmployee assistance programHealth & WellnessComprehensive medical, dental and vision benefitsFlexible spending and health savings accounts2x base salary for group life and AD&D insuranceVoluntary life, critical illness, & accident insurance for purchaseShort-term and long-term disability benefitsPersonal & Professional GrowthRLI 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 opportunitiesTuition reimbursementEducation bonusesDiversity & InclusionOur 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.SummaryLocation: Houston, TX; Dallas, TX; RemoteType: Full time