Underwriting Assistant-Surety

Posted yesterday

rliWest Peoria (IL)

Insurance Underwriters Direct Property and Casualty Insurance Carriers

SENIORITY

Junior

SALARY

$21.69 - $29.82

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About the role

Surety Underwriting Assistant As a Surety Underwriting Assistant, you will be working with the team in order to support underwriter needs, business processing, and service goals for our producer partners. Day to day activities will generally include working directly with your underwriting team to support their premium production goals, providing support to our agent and broker partners, and working with your team to support both business processing and specialty program needs. Principal duties and responsibilities include: Providing support for your national underwriting teams, assisting with duties in and around the underwriting process. Providing support for your sales regions, assisting with marketing and sales efforts. Providing support for your key agents and brokers, assisting with specialty programs and generally ensuring that we are "the easiest" market with which to conduct business. Creating and issuing new and renewal bond documents, ensuring systems of record are properly updated. Assisting the broker, the bondholder and the obligee with bond term transactions, such as bond endorsements, riders, cancels, broker of record updates, etc. Researching and helping resolve billing and account current discrepancies. Assisting with underwriting (electronic) file maintenance and underwriting audit support needs. Assisting the Surety Department by identifying and implementing improvements to our key systems and workflows. Limited lines of authority may be granted to assist with the underwriting of new and renewal accounts.

Education and experience: Associate's degree preferred. Must have completion of a high school education or its equivalent and more than 4 years of experience in a similar position. Experience in Surety, Insurance or Financial Services preferred. Knowledge, skills, and competencies: Ability to interact professionally and work well in a high-performance team environment. Ability to communicate effectively in all mediums to include phone, e-mail, and in person. Ability to work independently and perform quality work within deadlines. Ability to develop and maintain procedures. Ability to multi-task. 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. Base Pay Range: $21.69 - $29.82 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: 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.

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