Underwriting/Operations Assistant - Commercial Property (Los Angeles, CA)
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About the role
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 Work 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 Support Commercial Property underwriting by creating policy documents, ensure compliance with regulatory requirements, order inspections and premium audits, maintain electronic underwriting files, solicit renewal transactions, provide basic operational support for the product line's underwriters. Review insurance certificates, resolving discrepancies with reinsurers, providing operations, production, and underwriting reports, working with producers, audit work of others, given authority in some cases on behalf of Underwriting. 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. Order inspections, premium audits, and loss runs as required. Maintain electronic and/or physical underwriting file. Solicit renewal transactions. As necessary, re-format data for import into front end system. Provide basic operational support for the product line's underwriters. As requested by underwriters, develop underwriting information from the internet and other data sources. Provide operational, production, and underwriting reports to underwriting staff as requested, utilizing front-end systems and/or Business Objects. Contact producers to determine appropriate courses of action. Assist with User Acceptance Testing of systematic changes. Train Operations Assistants with Level 1 experience in which s/he is located or in other branch offices. 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 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 $24.94 - $34.30