RLI Corp

Technical Underwriting Manager - Inland Marine

RLI Corp$113K — $165K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in insurance, finance, risk management, business, or related field.
  • 7+ years of commercial property and casualty underwriting experience, including 3+ years in Inland Marine.
  • Experience with construction-related Inland Marine products preferred.
  • Proven track record in developing agency relationships and managing profitable books of business.
  • Combination of education and experience consideration is available.

Responsibilities

  • Analyze and make decisions on complex Inland Marine submissions.
  • Underwrite various Inland Marine risks related to construction projects.
  • Evaluate loss history and profitability to inform underwriting decisions.
  • Develop marketing strategies to strengthen agency relationships.
  • Provide responsive service and creative solutions to agents and brokers.
  • Monitor portfolio performance for trends affecting profitability.
  • Collaborate on product initiatives and special projects.

Benefits

  • Employee Stock Ownership Plan (ESOP) included in total rewards package.
  • Annual bonus plans and profit-sharing contributions to retirement accounts.
  • Flexible work arrangements including hybrid options.
  • Paid time off for personal vacations and volunteer work.
  • Comprehensive medical, dental, and vision benefits with health savings accounts.
  • Educational reimbursement and bonuses for professional development.
Full Job Description
Position Purpose

Under general oversight, underwrite and manage a profitable Inland Marine book of business, with a primary focus on construction-related mobile property and specialized inland marine risks. Evaluate complex new and renewal business, apply sound underwriting judgment, and build lasting relationships with agency partners to drive profitable growth.

This individual contributor role offers significant underwriting autonomy and market visibility while partnering closely with agents and brokers to develop business within RLI's Inland Marine appetite. Success in this role requires strong technical underwriting expertise, relationship management skills, and the ability to identify profitable opportunities in a competitive marketplace.
Principal Duties & Responsibilities
  • Analyze, evaluate, accept, decline, rate, quote, and bind complex new and renewal Inland Marine submissions within assigned underwriting authority.
  • Underwrite a broad portfolio of Inland Marine risks, including Builder's Risk, Installation Floaters, Contractor's Equipment, Property in Transit, Mobile Property, and other specialized inland marine exposures.
  • Evaluate account exposures, loss history, construction operations, pricing models, catastrophe exposure, and profitability to make sound underwriting decisions.
  • Develop and execute a territory marketing strategy that strengthens agency relationships and grows a profitable book of Inland Marine business.
  • Serve as a trusted underwriting partner for agents and brokers by providing responsive service, technical expertise, and creative underwriting solutions within company guidelines.
  • Monitor portfolio performance and identify trends impacting profitability, rate adequacy, and risk selection.
  • Maintain complete underwriting documentation and ensure compliance with underwriting guidelines and authority levels.
  • Collaborate with underwriting leadership on product initiatives, agency development, and underwriting strategies.
  • Assist with special projects and perform other duties as assigned.


Education & Experience
  • Typically requires a bachelor's degree in insurance, finance, risk management, business, or a related field.
  • Minimum of 7 years of commercial property and casualty underwriting experience, including 3+ years of Inland Marine underwriting experience.
  • Experience underwriting construction-related Inland Marine products such as Builder's Risk, Installation Floaters, Contractor's Equipment, or related specialized property risks preferred.
  • Experience developing agency relationships and managing a profitable book of business.
  • Equivalent combination of education and experience will be considered.


Knowledge, Skills, & Competencies
  • Demonstrates advanced underwriting judgment and decision-making for complex Inland Marine risks.
  • Thorough understanding of Inland Marine products, construction-related property exposures, coverage analysis, pricing methodologies, and risk selection.
  • Ability to independently manage a profitable book of business while balancing growth and underwriting discipline.
  • Strong analytical skills with the ability to evaluate loss trends, catastrophe exposure, and account profitability.
  • Ability to develop and maintain strong relationships with independent agents and brokers through consistent communication and market presence.
  • Excellent negotiation, communication, and relationship management skills.
  • Demonstrates initiative, accountability, and sound business judgment while working independently.
  • Maintains organized underwriting files and clear documentation supporting underwriting decisions.
  • Ability to prioritize multiple opportunities while effectively managing a territory and agency relationships.
  • Commitment to continuous learning and staying informed on Inland Marine market trends and emerging risks.


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
$113,358.00 - $165,220.00

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

About RLI Corp

RLI Corp is an American property and casualty insurance company headquartered in Peoria, Illinois. The company, through its subsidiaries, provides various insurance products, including casualty insurance, property insurance, and surety bonds. RLI Corp operates in all 50 states and internationally. The company was founded in 1965 and has since grown to become a Fortune 1000 company. RLI Corp is known for its strong financial performance and has consistently been rated A+ by A.M. Best.
Learn more about RLI Corp
Size
890 employees
Market Cap
$5.9 billion
Industry
Net Income
$157 million
Founded
1965
5 Year Trend
+7.6%
Revenue
$983.6 million
NASDAQ

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