Underwriting/Operations Assistant - Marine (Peoria, IL)
Peoria, Illinois, United States · Hybrid
$20/hr–$26/hr
Entry level
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 …
Skills: Data entry, Excel, Policy documentation, Regulatory compliance, Catastrophe modeling
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Peoria, Illinois, United States · On-site
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Peoria, Illinois, United States · Remote OK
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Enterprise Payments Domain (Payment Networks & Standards) Lead
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Underwriting/Operations Assistant - Marine (Peoria, IL)
Sign up with Clera and we'll reach out the moment a role actually fits you — no more spraying applications into the void.
$20/hr–$26/hr
Full-time
high school, associate degree
Employee stock ownership plan, 401k, Profit-sharing, Paid time off, Paid volunteer time off, Parental and family care leave
Posted 5d ago
~40 hrs/week
Responsibilities
The role involves supporting the Marine underwriting team by creating policy documents, ensuring regulatory compliance, and maintaining underwriting files. Additionally, the assistant will perform catastrophe modeling, resolve reinsurance discrepancies, and provide operational reporting.
Requirements
Candidates typically require a high school diploma, with an associate degree preferred. Applicants should have 0-2 years of related experience and possess strong Excel and data entry skills.
Full job description
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.
RLI is a Glassdoor Best Places to Workcompany 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
Support Underwriting by creating policy documents, ensure compliance with regulatory requirements, maintain electronic underwriting files, provide basic operational support for the Marine product line’s underwriters, and catastrophe modeling on current and potential risks. Review insurance certificates, resolving discrepancies with reinsurers, providing operations, production, and underwriting reports, audit work of others.
Principal Duties & Responsibilities
Create policy documents which represent the insurance transaction bound by the underwriter.
Ensure the statistical coding and policy issuance complies with regulatory requirements for each insurance transaction.
As necessary, re-format data for import into front end system.
Provide basic operational support for the product line’s underwriters.
Review facultative insurance certificates to ensure the terms identified by the reinsurer are consistent with terms expected by underwriter.
Resolve accounting discrepancies with facultative reinsurers.
Provide operational, production, and underwriting reports to underwriting staff as requested, utilizing front-end systems and/or Business Objects.
Assist with User Acceptance Testing of systematic changes.
Audit the work of others.
May be given authority to review/approve endorsements, review/analyze risks, review terms and conditions of underlying policies, review inspections of risks, each of which would be on behalf of Underwriting.
Education & Experience
Typically requires a high school diploma; Associates degree preferred
0-2 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 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.
Superior Excel skills to peer review formulas, formatting, and data cleansing of large spreadsheets.
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
$20.01 - $26.63
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 not what you’d expect from an insurance company. We're different and at RLI, Different Works.
Industry
Insurance
Company size
1,001-5,000 employees
Founded
1965
Headquarters
Peoria, IL
LinkedIn followers
29,520
RLI is a U.S.-based specialty insurer that serves niche property, casualty and surety markets. We provide peace of mind to the customers we serve by safeguarding their assets and helping them manage risk. We hire smart, ethical people, make them owners of the business and give them the freedom to succeed. These are the principles that drive our success, and they’re the reasons we have been successful for more than 50 years.
We believe in a different way of doing business and RLI is not what you’d expect from a typical insurance company. Our creative and collaborative workplace is cultivated by employee owners empowered to make good decisions for customers and the business.
We have a reputation for niche expertise, superior service and an entrepreneurial culture. In the industry and among our peers, we’re known for:
The best and brightest people in the industry who build strong relationships and provide outstanding service.
An underwriting focus so we perform well in all market cycles.
Our empowered, creative ownership culture.
A customized approach to developing insurance products to meet very specific needs.
Proven financial strength.
Offices: 9025 N Lindbergh Dr, Peoria, IL 61615, US