Mission: As a leading provider of specialized insurance, RLI is focused on building and managing a portfolio of innovative products and solutions that meet customer needs, and delivering results that surpass the expectations of shareholders.
We are so honored to be named among the Glassdoor Best Places to Work in 2020!
RLI Corp. announced its board of directors has declared a special cash dividend of $1.00 per share of common stock, which is expected to total approximately $45 million, and a regular quarterly cash dividend of $0.23 per share.
WHAT MAKES RLI DIFFERENT
RLI is a specialty insurance company that helps customers navigate the world of insurance and risk. For more than a half century, we’ve been helping people and companies safeguard their assets through our innovative portfolio of property and casualty coverages and surety products. We’re not what you’d expect from a typical insurance company. From our products to our business model, our culture to our results — we’re different.
Our remarkable people. Our people are among the smartest and most knowledgeable in the business. They are experts at building relationships that last with our brokers and customers by providing outstanding service and creating ideal coverages with competitive premiums.
Our underwriting focus. We seek underserved niches in the marketplace and provide coverages that meet very specific needs. We eliminate unnecessary bureaucracy, give our underwriters authority and share the profits.
Our entrepreneurial culture. At RLI, we’ve created a business model that works: hire smart, ethical people, make them owners of the business, and give them the freedom to succeed. Our employees are encouraged to seek out opportunities, make things happen and do the unexpected.
A DIFFERENT KIND OF INSURANCE COMPANY
Since 1965, we’ve been making a difference, shouldering risks in niche insurance markets that give our customers the security to create, explore, grow and prosper.
RLI’s history of innovation dates to the early 1960s, when Founder Gerald D. Stephens, recognized the expense of replacing contact lenses, and founded RLI — Replacement Lens, Inc. — a contact lens insurance agency. In 1965, he acquired the holding company that would later become RLI Corp. RLI was one of the first insurers of contact lenses. In time, it emerged as the largest insurer of its kind in the world.
Building upon this success, RLI entered the commercial property and liability insurance field and expanded into the direct writing of a commercial umbrella program. Over time, RLI has continued to diversify its product portfolio, focusing on niche and underserved insurance markets that require specialized expertise.
Introducing an Employee Stock Ownership Plan (ESOP) at RLI was an innovative decision made more than 35 years ago. We share the business profits with our employees and make them owners in the business.
Owning the business creates a sense of urgency and importance with our employees. Employees feel a sense of pride and ownership as they work to make a real difference in our success and the successes of our customers. Our employees are challenged and empowered to profitably build our business. People with exceptional skills, knowledge and a thirst for success excel at RLI.
An entrepreneurial spirit and relentless focus on innovation are the foundation of our success and continue to differentiate us today. We consistently keep our eyes on the challenges our customers face, and find innovative ways to solve them — whether that's offering products for underserved specialty markets, or enhancing and developing products that are new to the marketplace.
OUR ENTREPRENEURIAL CULTURE
At RLI, we’ve created a business model that works: hire smart, ethical people, make them owners of the business, and give them the freedom to succeed. Our employees are encouraged to seek out opportunities, make things happen and do the unexpected.
THE SPIRIT OF OUR BUSINESS MODEL
We succeed because we operate differently than most insurance companies. Our business model is underwriter focused. We seek out the industry’s most experienced, talented underwriters to serve our unique niche markets. We give them the autonomy, freedom and support to create innovative solutions within the specialty lines they know best — and the opportunity to financially share in their successes.
TRAINING AND PROFESSIONAL DEVELOPMENT
RLI encourages professional development course work in both insurance and job-related areas for our employees. We have made a commitment to provide educational opportunities to help them enhance their skills and further their career advancement.
RLI fosters a true learning culture and encourages professional growth of employees through participation in insurance courses, in-house training and other educational programs.
“We recruit the most talented people in the business — our ownership culture encourages and rewards the entrepreneurial spirit, giving every new hire the opportunity to take a running start into their career.” Jonathan E. Michael, President and CEO RLI Corp.
INDUSTRY LEADING PAY AND BENEFITS:
Personal and professional growth
Financial incentives
Health programs
WE HIRE AND DEVELOP TOMORROW'S LEADERS
RLI's college internship program takes place during the summer months beginning with orientation in June and concluding in August. For some interns, their internship may continue through the year or become a stepping stone to a full-time job at RLI.
The timeline for candidate selection, interviewing and placement for RLI's internship program is January through March. RLI looks for candidates with a proven track record of professionalism and success in their academic studies.
We typically offer paid internships in the following fields:
Accounting | Human resources |
Actuarial services | Information technology |
Claims | Internal audit |
Communications/marketing | Risk management |
Finance | Underwriting |
An internship at RLI will allow you to:
Whether you're looking for a summer intern experience or a long-term position, we invite you to consider the exciting internship opportunities available at RLI.
Helpful (1)
I have been working at RLI full-time (More than a year)
Pros
If you're looking for a company where you can contribute to meaningful work, collaborate with smart co-workers, have access to executive leaders who want to hear what you have to say, and be part of a friendly culture - this is the company for you. From perks/benefits to working with some of the brightest people in the industry, RLI has it covered. While some companies aspire to a positive and collaborative company culture, RLI's employees live it out every day. Hands down the best career decision I've made.
Cons
None that I can think of.
Advice to Management
Keep focused on investing in employees and relationships, developing people and protecting the culture. I love it here!
Application
I applied online. I interviewed at RLI.
Interview
The interview was thorough, clear, and very cordial. They went through the characteristics of the position while asking relevant questions. They were very clear as to when I would find out the results and their HR department was great in letting me know anything that I would need to know.
Interview Questions
