Senior Underwriter

RLI

(Chicago, Illinois)
Full Time
Job Posting Details
About RLI
RLI is a specialty insurance company that helps customers navigate the world of insurance and risk. For half a century, we've been helping people and companies safeguard their assets through our innovative portfolio of property and casualty coverages and surety products.
Summary
RLI's Commercial Surety division is looking for an experienced Sr. Underwriter to join our team in Chicago, IL. This position will be responsible for analyzing financial and credit reports and other relevant information in order to evaluate risks.
Responsibilities
* Analyze, evaluate, accept, decline, rate, quote, and write new or renewal submissions. * Underwrite new accounts within authority limits and on submit basis to supervisor for approval. * Develop and execute marketing plan to targeted agency network throughout the Midwestern United States * Maintain credit lines for existing accounts by performing appropriate financial analysis and account monitoring * Attend and conduct account meetings as necessary. * Assist with special projects or other duties as needed.
Ideal Candidate
* Ability to use financial and asset based analytical methods in underwriting processes to find workable solutions. * Ability to generate innovative solutions within the underwriting department * Ability to communicate findings and recommendations to management on underwriting matters. * Ability to build and maintain strong relationships with brokers and agents. * Basic understanding of bond forms and underlying bond risks. **Required Experience** * Requires a bachelor's degree in finance, accounting, business, insurance, or related field and 3-7 years of experience in a similar field or position.

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