Reinsurance Group of America (RGA) Graduate Programs & Internships

What it does: Insurance

Mission: Reinsurance Group of America, Incorporated is a leader in the global life and health reinsurance industry, working to make financial protection accessible to all.

Size and presence: Around 4000 globally

Best known for: Reinsurance Group of America, Incorporated (RGA), a Fortune 500 company, is among the leading global providers of life reinsurance and financial solutions, with approximately $3.5 trillion of life reinsurance in force and assets of $92.2 billion as of December 31, 2021.

The good bits: The team is very supportive and the working environment is relaxing

The not so good bits: Limited progression unless you are an actuary

The Reinsurance Group of America Story

General American Reinsurance, a reinsurance division formed in 1973 by General American Life Insurance Company (GA), was the forerunner to RGA. By 1993, GA’s reinsurance division had grown its life reinsurance in force to $114.7 billion. General American acquired the life reinsurance business of National Reinsurance of Canada, later renamed General American Life Reinsurance Company of Canada, thereby establishing its first international office; the Canadian business became RGA Life Reinsurance Company of Canada after RGA's initial public offering (IPO).

Incorporated in 1992 in the state of Missouri, Reinsurance Group of America, Incorporated (RGA) was formed as a holding company for GA’s U.S. and Canadian reinsurance businesses. RGA was taken public by IPO in 1993 on the New York Stock Exchange (NYSE: RGA), with General American retaining a 65% share.

MetLife acquired General American in 2000, including its interest in RGA, and after 8 years of ownership, MetLife spun RGA off to become a fully independent company.

Culture & vibe

RGA’s culture is founded on collaboration.

It's a value every employee must embrace to succeed. By fostering a spirit of collaboration, we create an environment where innovation thrives and client-focused solutions result.

Career prospects

Are you a college student or recent graduate seeking valuable real-life experience? Meet your match.

RGA’s internship and graduate development programs provide professional work experience and offer diverse learning opportunities through complex and interesting assignments.

• Internship Program: Are you ready to gain hands-on experience in a collaborative, innovative and global workplace? RGA interns better determine their chosen career paths by expanding their skills and acquiring experience in multiple areas of work.
  Launch your career and cultivate knowledge at a FORTUNE 500 company; apply to be an RGA intern.
   
• Graduate Development Program: RGA's global Graduate Development Program brings together recent graduates, immerses them in RGA's culture, and introduces them to the company’s industry expertise and leading business practices to more readily develop their professional careers.
  
  This two-year program provides shadow opportunities and hands-on collaboration with senior leaders and mentors. We empower our graduates to excel as young professionals and prepare graduates to take on greater responsibility as they move through their careers.

Remuneration

The average Reinsurance Group of America salary ranges from approximately $79,233 per year for an Actuarial Assistant to $218,905 per year for a Vice President. 

Benefits

RGA supports our employees’ efforts to achieve a healthy work-life balance by providing a variety of competitive benefits packages to address their personal and professional needs.

Benefits packages vary from country to country, and may include health and welfare benefits, educational assistance, retirement plans, and paid time off. 

• Build skills. RGA encourages our associates to grow professionally and personally through ongoing training and skills development, mentorship opportunities, and international relocation and rotation programs.
• Balance your life. At RGA, family and career are not mutually exclusive. We offer a family-friendly culture and flexible work arrangements.
• Benefit your career. RGA’s performance-based compensation program and competitive benefits are designed to cultivate collaboration and recognize success.

Social Contributions

As a leading global life and health reinsurer, RGA’s philosophy begins with the core belief that everyone deserves a longer, more fulfilling life.

The way we operate, the work we do, and the support we provide to our local communities can all be traced to a desire to extend and improve the individual lives we touch, whether directly or through our business and community partners.

At RGA, we believe that environmental and social responsibility is central to our business strategy. This means operating with integrity, investing responsibly, and adhering to sound corporate governance principles. RGA and the RGA Foundation are focused on advancing the education, health, and longevity of people in the communities in which we operate. Every day, RGA seeks to foster values of inclusion and integrity, charitable giving and volunteerism, and sustainable and environmentally responsible business practices around the world.