Underwriter I - Environmental

RLI Corp. - Peoria, IL

Full-time - Entry Level

Hybrid - Peoria, IL

Insurance Carriers and Related Activities

About the position

The Underwriter I - Environmental position at RLI involves underwriting new or renewal individual accounts under supervision. The role focuses on building relationships with producers and reinsurers, analyzing complex submissions, and ensuring profitable premiums while assisting in policy approvals and changes. This position is integral to maintaining RLI's reputation as a leading underwriting company, emphasizing a commitment to exceptional customer service and ethical practices.

Responsibilities

• Underwrite new or renewal individual accounts under supervision.
• Analyze, evaluate, accept, decline, rate, quote, and bind submissions with high premium or risk exposure.
• Build relationships with agents, reinsurers, and contacts.
• Review complex submissions, account losses, pricing models, and profitable premiums.
• Assist in the approval, issuance, or change requests for policies.
• Participate in special projects or other duties as needed.

Requirements

• Bachelor's degree in insurance, finance, risk management, business, or a related field.
• Minimum of 1+ years of related experience or equivalent education and experience.
• Ability to use analytical methods in underwriting processes.
• Strong verbal and written communication skills for internal and external contacts.
• Proficiency in software for summarizing and analyzing large data sets.
• Understanding of risk operations and underwriting analysis.

Nice-to-haves

• Experience in the insurance industry.
• Knowledge of underwriting processes and submission requirements.
• Participation in underwriting-related continuing education.

Benefits

• Employee stock ownership plan (ESOP)
• 401(k) with automatic 3% company contribution
• Annual discretionary 401k and ESOP profit-sharing contribution
• Annual bonus plans
• Paid time off (PTO) and holidays
• Paid volunteer time off (VTO)
• 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
• Group Life and AD&D insurance
• Voluntary life insurance for purchase
• Critical Illness & Accident insurance
• Short-term and long-term disability benefits