Intern - High School
Reinsurance Group of AmericaAbout the role
You desire impactful work.
You’re RGA ready
RGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 500 Company and listed among its World’s Most Admired Companies, we’re the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.
INTERNSHIP DEPARTMENT SUMMARY: USIL Facultative Underwriting is the individual life risk assessment department of RGA. Facultative reinsurance is designed to cover individual risks. With facultative reinsurance transactions, the ceding company offers an individual risk to a reinsurer for medical or financial assessment in order to obtain a more competitive offer. The reinsurer retains the right to accept or reject the risk, just like the primary insurer has the right to decide whether to insure a policyholder. Under a facultative arrangement, the reinsurer will perform its own underwriting for some or all of the policies to be reinsured. Facultative reinsurance is typically used for high-value, complex medical, and hazardous risks where the reinsurer can provide a more competitive offer and assume the risk.
INTERNSHIP POSITION OVERVIEW: The intern will be assisting in various projects furthering underwriting-related initiatives such as foreign risk, avocation, and medical research, underwriting system testing, data analytics, underwriting evolution initiatives, and facultative optimization initiatives. There may also be some component of office operations duties included.
RESPONSIBILITIES & DUTIES:
- Projects as assigned with completion according to instructions
- Insights as asked and required to complete projects
- Research skills as needed for projects
- Typing, Excel, Word and Powerpoint skills as needed for projects
- Summarization and reporting of progress and findings
- Collaboration with intern peers to accomplish tasks
- Collaboration with underwriting associates to accomplish tasks
- Preferred but not required: Biology/Medical Sciences background
EXPERIENCE, SKILLS, AND TRAITS FOR SUCCESS:
- Independent worker
- Inquisitive
- Analytical
- Professionalism
- Medical interest
- Risk management interest
What you can expect from RGA:
Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
Join the bright and creative minds of RGA, and experience vast, endless career potential.
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