Underwriter-Contract Surety (OK, KS, MO territory)

About the role

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.

Principal Duties & Responsibilities

• Profit and loss responsibility for a book of business within the territory
• 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 Contract Surety team, located across the country
• Some travel will be expected to visit agents, contractors, and surety related events in the assigned territory
• Led special projects and other duties as needed

Education & Experience

• Typically requires a bachelor's degree in insurance, finance, risk management, business or a related field
• 4+ years of Contract Surety underwriting experience

Knowledge, Skills, & 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
• Ability to meet objectives while operating independently
• Ability to apply a strategic perspective to improve underwriting functions

Pay

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 $86,303.00 - $123,413.00 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.

Total Rewards

• 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: 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.