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 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. Our insurance subsidiaries are rated A+ “Superior” by AM Best company and A “Strong” by Standard & Poor’s. Check out our strong financial track record here.

Position Purpose

Prepare, perform, analyze and review actuarial analysis. Responsible for the collection of data, selection of parameters, and calculations involved with conducting actuarial analysis. Evaluate profitability of products and recommend corrective action and/or identify growth opportunities.  Evaluate the adequacy of held reserves of products and identify methodologies to improve the loss reserving process.   Act as a steward of data quality by discovering and discussing data anomalies and issues with underwriting, claims, branch support, accounting, and IT.

Principal Duties & Responsibilities

• Prepare, perform, analyze and review actuarial analysis.

• Evaluate profitability of products and recommend corrective action and/or identify growth opportunities

• Evaluate the adequacy of held reserves of products and identify methodologies to improve the loss reserving process.

• Establish and perform appropriate analysis processes and ensure documentation is accurate.

• Research data to ensure accuracy and completeness within the reserving/pricing data structure.

• Provide Product and Actuarial analysis to appropriate internal and external contacts.

• Direct reserve related financial reporting and pricing analysis.

• Act as a steward of data quality by discovering and discussing data anomalies and issues with underwriting, claims, branch support, accounting, and IT.

• Lead special projects and other duties as needed.

Education & Experience

Requires an advanced degree in actuarial science, mathematics, business administration, or a related field. Also 11 or more years of experience in a similar field or position or achievement of Associate of CAS.

Knowledge, Skills, & Competencies

• Ability to use analytical methods in complex insurance processes to find workable solutions.

• Ability to generate innovative solutions within the actuarial and Risk Services department.

• Ability to understand and communicate findings and recommendations of Actuarial and Product analyses to internal and external contacts in a way that can be understood.

• Ability to manage and develop subordinates to ensure increased performance.

• Ability to use software to summarize and analyze large amounts of data.

• Ability to apply a strategic perspective to improve Risk Services functions.

• Ability to possess a results and learning orientation.

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:

• Nationwide employment opportunities

• 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.

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

• Employee stock ownership plan (ESOP)

• 401(k) — automatic 3% company contribution

• Annual discretionary 401k and ESOP profit-sharing contribution (up to 15% of base salary)

• Annual bonus plans

  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 insurance for purchase

• Critical Illness & Accident insurance

• Short-term and long-term disability benefits