Underwriting/Operations Assistant - Inland Marine (Peoria, IL)
RLI, Peoria, Illinois, United States, 61602
RLI Insurance Operations Assistant
RLI is a 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
Provide operational support for the Inland Marine product group and programs as needed. Support Inland Marine underwriting by creating policy documents, ensure compliance with regulatory requirements, maintain electronic underwriting files, provide basic operational support for the product line underwriters. Principal Duties & Responsibilities
Create policy documents which represent the insurance transaction bound by the underwriter. Process notices of cancellation for delinquent accounts. Assist with maintenance of multiple email inboxes and work queues. Provide back-up support for other Operations Assistants as needed. Ensure the statistical coding and policy issuance complies with regulatory requirements for each insurance transaction. May be given authority to review/approve endorsements. Maintain electronic underwriting file. Provide basic operational support for the product line underwriters. Education & Experience
Typically requires a high school diploma; Associates degree preferred Superior Microsoft Excel skills 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 Supervisor/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. Compensation Overview
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. $21.26 - $29.24 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.
RLI is a 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
Provide operational support for the Inland Marine product group and programs as needed. Support Inland Marine underwriting by creating policy documents, ensure compliance with regulatory requirements, maintain electronic underwriting files, provide basic operational support for the product line underwriters. Principal Duties & Responsibilities
Create policy documents which represent the insurance transaction bound by the underwriter. Process notices of cancellation for delinquent accounts. Assist with maintenance of multiple email inboxes and work queues. Provide back-up support for other Operations Assistants as needed. Ensure the statistical coding and policy issuance complies with regulatory requirements for each insurance transaction. May be given authority to review/approve endorsements. Maintain electronic underwriting file. Provide basic operational support for the product line underwriters. Education & Experience
Typically requires a high school diploma; Associates degree preferred Superior Microsoft Excel skills 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 Supervisor/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. Compensation Overview
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. $21.26 - $29.24 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.