The Role
The Sr. Risk and Financial Analyst supports IT Operations by preparing financial reports, monitoring project costs, managing third-party risks, and assisting with data analysis and governance responsibilities.
Summary Generated by Built In
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.Position PurposeUnder general management, the Sr. Risk and Financial Analyst will support the IT Operations area in the execution of their responsibilities. Assists in various corporate governance responsibilities. Principal Duties & Responsibilities
- Supports the preparation and review of IT financial information, including the annual budget
- Supports the monitoring and reporting on costs of large projects
- Assists in execution and assessment of IT controls
- Assists with third party management oversight, including monitoring access, review of third-party financial and security controls, and maintenance of the vendor database
- Assists in the maintenance of the Business Continuity Plan, including ensuring Business Impact Analysis documents are updated annually.
- Utilizes analytical skills to respond to inquiries by gathering, analyzing, summarizing, and interpreting data.
- Makes informed decisions based on critical thinking while effectively communicating with supervisor.
- Assists with special projects and other duties as needed.
- Demonstrate an understanding of business processes, Information Technology controls, third party risk management, and how they interact together.
- Ability to work in structured and unstructured environments while focusing on big picture objectives amongst day to day responsibilities.
- Ability to use analytical methods to understand relationships, check facts, and find creative yet workable solutions.
- Ability to communicate effectively with internal and external contacts.
- Ability to investigate, research, develop recommendations, and communicate effectively, both written and verbal, to management on complex topics.
- Ability to provide leadership and guidance to others in the company regarding third party risk management processes.
- 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)
- 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
- 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
- Training & certification opportunities
- Tuition reimbursement
- Education bonuses
Top Skills
Information Technology
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The Company
What We Do
RLI is a U.S.-based specialty insurer that serves niche property, casualty and surety markets. We provide peace of mind to the customers we serve by safeguarding their assets and helping them manage risk. We hire smart, ethical people, make them owners of the business and give them the freedom to succeed. These are the principles that drive our success, and they’re the reasons we have been successful for more than 50 years.
We believe in a different way of doing business and RLI is not what you’d expect from a typical insurance company. Our creative and collaborative workplace is cultivated by employee owners empowered to make good decisions for customers and the business.
We have a reputation for niche expertise, superior service and an entrepreneurial culture. In the industry and among our peers, we’re known for:
The best and brightest people in the industry who build strong relationships and provide outstanding service.
An underwriting focus so we perform well in all market cycles.
Our empowered, creative ownership culture.
A customized approach to developing insurance products to meet very specific needs.
Proven financial strength.
