Sr. Underwriter - Excess Liability - NY Construction

### 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******### Under general oversight, this position performs similar to Underwriter I and II but builds upon existing expectations on our Excess Liability group that specializes in New York construction liability; builds even stronger relationships with producers, reinsurers, and contacts; and rather than assist, has more ownership and responsibility to review complex sources of profit by selecting appropriate risks. Also responsible for increasing submission flows.#

******** Principal

Duties & Responsibilities ********* ### Analyze, evaluate, accept, decline, rate, quote, and bind new or renewal submissions with high premium or risk exposure.* ### Build strong relationships between agents, reinsurers, and contacts.* ### Review complex submissions, account losses, pricing models, and profitable premiums.* ### Review complex sources of profit by selecting appropriate risks.* ### Assist with special projects or other duties as needed.#

******** Education & Experience********* ### Typically requires a bachelor's degree in insurance, finance, risk management, business or a related field* ### Minimum of 5+ years of related experience for consideration* ### [OR] equivalent level of education and experience#
********** Knowledge, Skills, & Competencies*********** ### Ability to use analytical methods in underwriting processes to find workable solutions.* ### Experience in underwriting policies related to excess liability in New York construction* ### Ability to verbally and in writing, communicate findings and recommendations to internal and external contacts on underwriting matters.* ### Understands, applies, & properly documents nature of operations of the risk for accounts assigned & communicates findings.
* ### Ability to prepare, review, and complete underwriting analysis of accounts.* ### Analytical skills and understanding of submission requirements, model entry, and product appetite.* ### Ability to generate innovative solutions within the underwriting department.* ### Has typically obtained letter of authority.* ### Has a good understanding of the markets and clients being serviced.* ### Has some authority to process approval, issuance, or change requests for policies.
* ### Works on slightly more complex risks than UW I and has obtained higher level of authority.* ### Presents solutions to management on non-standard issues without prior oversight or guidance from manager.* ### Ability to know proper sign off & correct UW judgement in most cases.* ### Working toward building and maintaining a profitable book of business.#
** 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  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**$ - $#
** 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##
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