Manager, Enterprise Risk Management

At RLI, our talent distinguishes us and that makes us different. We hire smart people, including the best underwriters in the business, and then give them the resources and freedom to drive growth and benefit from that growth. Our innovative, niche market-driven products exceed customer expectations; satisfying demands where other insurance companies do not compete. At RLI, you do not get lost in the crowd. Each employee lives our business goals and when those goals are met, we all share the reward. RLI is a specialty insurer that searches for underserved niches where customers' needs are not being adequately met. We then either develop a product to meet those needs, or obtain the talent required to do so. We strive to hire the best, as we are all owners since we are an ESOP company. The Risk Management Department is responsible for establishing an enterprise risk management process and assisting management in identifying, prioritizing, establishing tolerances, mitigating, measuring, and documenting significant risks to the company. The department is also responsible for managing catastrophe risk by monitoring and mitigating our exposure to protect RLI surplus and by providing underwriting tools to profitably write catastrophe business. This individual is responsible for coordinating risk assessments within various business units and processes, assisting with the documentation of risks, identification of appropriate metrics, and documentation of current and planned mitigation. This position is also responsible for developing communications to the Risk Committee, including the ERM scorecard, summarizing our significant risks. Responsibilities include, but are not limited to the following: • Complete risk assessments with subject matter experts by leading multi-functional conversations to thoroughly analyze RLI’s significant risks. Document the risks identified, help identify ways to measure risks, document the current and planned mitigation of risks. • Facilitate the analysis of emerging risks by developing a method of identifying potential risks, organizing a discussion group to review the potential impact to the company, and presenting the group’s results and any recommendations to the Risk Committee. • Provide necessary risk information/reports as required for senior management, Audit Committee, business units and adhoc projects. • Monitor/interact with audit and other reviews performed to identify risk themes that need to be addressed. • Create/automate monthly scorecard to monitor significant risks to the company. • Stay current on ERM developments, revise our process as necessary, and maintain/update documentation of the ERM process. Bachelor's degree in business or related field with a minimum 3.0/4.0 GPA preferred. Knowledge of insurance and RLI processes is preferred. 5 – 7 years of general business experience is required. Skills preferred: Ability to absorb and analyze business processes throughout the company and consider interaction/dependencies among processes Excellent verbal and written communication skills Ability to lead frank, participative, group discussions Initiative Creativity We offer a competitive salary, bonus and an outstanding benefits package including a 401k plan, an Employee Stock Ownership Plan (ESOP), comprehensive health insurance, and tuition reimbursement programs. If you are looking for a rewarding career with highly rated, well-respected and stable but growing company, look into RLI.