About this opportunity
RLI lists this Underwriting/Operations Assistant - Marine (Peoria, IL) opportunity in peoria, Illinois. Review the employer’s description below for duties, qualifications and application requirements.
Job description
RLI Underwriting SupportSupport 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 and responsibilities include: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.Maintain electronic and/or physical underwriting file.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 and experience typically require a high school diploma; Associates degree preferred and 0-2 years of related experience for consideration (OR) equivalent level of education and experience.Knowledge, skills, and competencies include: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 includes a base pay range of $20.01 - $26.63. 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.Total rewards include financial incentives, work & life benefits, health & wellness, personal & professional growth, and diversity & inclusion.
Worksite address
peoria, IL, 61602, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.