Total Rewards Analyst

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

Under occasional supervision, supports the administration of the company’s compensation structure, financial benefits, and/or company benefit plans based on specific area of focus. Administers
company short-term and long-term incentive plans. Administers company deferred compensation
plans. Maintains and updates procedures, policies, and internal processes as needed to support
function. Coordinates other projects and duties as needed.

Principal Duties & Responsibilities

• Administers company short-term incentive plans including creation, maintenance, and
  communication of bonus plans, bonus calculations, and monthly bonus accruals and
  reconciliations.
• Administers aspects of the company’s long-term incentive (LTI) plans. Includes preparation
  and entry of monthly, quarterly, and annual stock option/RSU grants in Shareworks and
  processing of stock options exercises/RSU releases. Prepares any related participant
  communications. Completes any related reporting as necessary. Prepares monthly journal
  entry for any LTI activity.
• Administers deferred compensation plans including maintenance, communication, and
  processing of annual enrollment and distributions. Reconciles and submits employee deferred
  comp contributions each payroll. Completes any related reporting as necessary.
• Validates and processes 401k contributions each pay period. Performs biweekly
  reconciliations over 401k.
• Assists with ESOP diversification and distribution requests (LIFO calculations).
• Prepares the Compensation Discussion and Analysis (CD&A) disclosure for the company’s
  annual proxy statement
• Maintains and updates procedures, polices, and internal processes as needed to support
  function.
• Coordinates special projects when needed.

Education & Experience

• Typically requires a bachelor’s degree in human resources, accounting, business administration, or in a related field
• 2+ years of related experience
• Workday experience and certifications relative to function a plus [OR] equivalent level of education and experience

Knowledge, Skills, & Competencies

• Ability to operate in a fast-paced environment
• Ability to use critical thinking and analytical methods with complex financial situations to
  find creative yet workable solutions
• Ability to manage multiple projects and/or priorities simultaneously
• Ability to demonstrate attention to detail and strong organizational skills
• Ability to formulate and communicate findings and recommendations to HR staff and
  management on matters of compensation and benefits
• Ability to use spreadsheet software to summarize and analyze large amounts of employee
  data
• Ability to maintain the highly confidential nature of human resources work
• Ability to use critical thinking and analytical methods to solve compensation and/or benefit
  problems and find creative yet workable solutions
• Ability to generate innovative solutions with complex compensation and/or benefit solutions
• Ability to communicate effectively with employees on confidential and sensitive information

Physical Requirements/Work EnvironmentUsual office environment with frequent sitting, walking, and standing. Occasional climbing, stooping,
kneeling, crouching, crawling, and balancing. Frequent use of eye, hand, and finger coordination
enabling the use of standard office machinery. Oral and auditory capacity enabling interpersonal
communication as well as communication through automated devices such as the telephone.DisclaimerThe preceding job description has been designed to indicate the general nature and level of work
performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees
assigned to this job.

Personal & Professional GrowthRLI 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 & InclusionOur 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 RewardsAt 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