Sr. Underwriter-Commercial Surety (Northeast territory)
RLI Insurance Company, Glastonbury, CT, United States
Sr. Underwriter-Commercial Surety (Northeast territory)
Join to apply for the
Sr. Underwriter-Commercial Surety (Northeast territory)
role at
RLI Insurance Company 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. 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.
Position Overview
The Sr. Underwriter-Commercial Surety (Northeast territory) will have profit and loss responsibility for a book of business within the territory, develop and execute a marketing plan for new business, adhere to underwriting guidelines and authority limits, perform financial/industry/account analyses, and serve as a resource on underwriting and territory issues to the Commercial Surety team.
Principal Duties & Responsibilities
Underwriter will have 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.
Adhere to underwriting guidelines and authority limits.
Perform all required underwriting functions including financial analysis, account analysis, industry analysis, and administrative responsibilities.
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 & Experience Requires a bachelor’s degree in business, finance, or a related field and 3-7 years of experience in a similar field or position.
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.
Compensation Overview The base salary range for the position is listed below. This base salary is one component of our total rewards package. The salary offered will consider factors including geographic location, experience, scope and responsibilities, qualifications, and business needs.
Base Pay Range : $104,211.00 - $149,022.00
Total Rewards : Includes benefits, ESOP, and other elements as part of the Total Rewards program.
Financial Incentives : Annual bonus plans; Employee stock ownership plan (ESOP); 401(k) with automatic 3% company contribution; Additional contributions (up to 15% of eligible earnings).
Work & Life
Paid time off (PTO) and holidays
Paid volunteer time off (VTO)
Parental and family care leave
Flexible & hybrid work arrangements
Fitness center discounts and access to 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 professional development in insurance and related areas. Benefits include training and certification opportunities, tuition reimbursement, and education bonuses. RLI covers costs for most programs and staff may receive bonuses upon approved course/certifications.
Training & certification opportunities
Tuition reimbursement
Education bonuses
Diversity & Inclusion RLI aims to attract, develop and retain a diverse workforce and supports initiatives to increase diversity in the insurance industry. We value all viewpoints and uphold fair treatment. We are an equal opportunity employer.
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.
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Join to apply for the
Sr. Underwriter-Commercial Surety (Northeast territory)
role at
RLI Insurance Company 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. 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.
Position Overview
The Sr. Underwriter-Commercial Surety (Northeast territory) will have profit and loss responsibility for a book of business within the territory, develop and execute a marketing plan for new business, adhere to underwriting guidelines and authority limits, perform financial/industry/account analyses, and serve as a resource on underwriting and territory issues to the Commercial Surety team.
Principal Duties & Responsibilities
Underwriter will have 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.
Adhere to underwriting guidelines and authority limits.
Perform all required underwriting functions including financial analysis, account analysis, industry analysis, and administrative responsibilities.
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 & Experience Requires a bachelor’s degree in business, finance, or a related field and 3-7 years of experience in a similar field or position.
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.
Compensation Overview The base salary range for the position is listed below. This base salary is one component of our total rewards package. The salary offered will consider factors including geographic location, experience, scope and responsibilities, qualifications, and business needs.
Base Pay Range : $104,211.00 - $149,022.00
Total Rewards : Includes benefits, ESOP, and other elements as part of the Total Rewards program.
Financial Incentives : Annual bonus plans; Employee stock ownership plan (ESOP); 401(k) with automatic 3% company contribution; Additional contributions (up to 15% of eligible earnings).
Work & Life
Paid time off (PTO) and holidays
Paid volunteer time off (VTO)
Parental and family care leave
Flexible & hybrid work arrangements
Fitness center discounts and access to 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 professional development in insurance and related areas. Benefits include training and certification opportunities, tuition reimbursement, and education bonuses. RLI covers costs for most programs and staff may receive bonuses upon approved course/certifications.
Training & certification opportunities
Tuition reimbursement
Education bonuses
Diversity & Inclusion RLI aims to attract, develop and retain a diverse workforce and supports initiatives to increase diversity in the insurance industry. We value all viewpoints and uphold fair treatment. We are an equal opportunity employer.
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.
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