Reinsurance Group of America Reviews | Glassdoor

Reinsurance Group of America Reviews

Updated November 9, 2018
122 reviews

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3.8
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Reinsurance Group of America President & CEO Anna Manning
Anna Manning
31 Ratings

122 Employee Reviews

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Pros
  • "It is a nice small company to work for with a great work life balance" (in 17 reviews)

  • "Great benefits, vacation package, work life balance" (in 10 reviews)

Cons
  • "The only thing is the location, depends on how much you like to live in St Louis" (in 4 reviews)

  • "small size of workforce naturally limits advancement opportunities and there are a lot of Sr" (in 3 reviews)

More Pros and Cons

  1. "Very friendly and competitive firm"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Data Analyst Intern in Saint Louis, MO
    Current Employee - Data Analyst Intern in Saint Louis, MO
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Reinsurance Group of America part-time (Less than a year)

    Pros

    Very friendly environment, fast pace, nice people, competitive salary, nice events.

    Cons

    No benefits for interns at all


  2. "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chesterfield, MO
    Current Employee - Anonymous Employee in Chesterfield, MO
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Reinsurance Group of America full-time (More than 10 years)

    Pros

    Good culture, growing fast, smart people

    Cons

    Work load, lots of layers of management

  3. "IT"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Saint Louis, MO
    Former Employee - Anonymous Employee in Saint Louis, MO
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Reinsurance Group of America full-time

    Pros

    Great benefits, vacation package, work life balance .Most people stay here for 20-30 years. The new office is really nice and so are most of the people you'll work with.

    Cons

    IT is relatively small for a company it's size. The technology investments have a way to go. A lot of manual work done. Training programs for IT is almost non existent. Lots of new challenges to the business model in the future.


  4. Helpful (3)

    "Good benefits bad culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chesterfield, MO
    Current Employee - Anonymous Employee in Chesterfield, MO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Reinsurance Group of America full-time (More than 5 years)

    Pros

    Compensation and benefits are quite good (401k, pension, health benefits).

    Work life balance is quite good. As performance management is not rigorous. So many people can skate by if they are internally focused on pleasing their bosses.

    Cons

    - Old boys club. Lack of diversity. Apart from Anna, few women in positions of influence. No people of color in any leadership position in the US business.
    - Insular and very traditional in outlook. People who get promoted are internally focused on pleasing their bosses rather than trying to build growth.
    - if you aren’t an actuary don’t bother thinking you will have any future or have you opinion matter.

    Advice to Management

    - instead of taking about One RGA and insights training - try living it.
    - bring more diversity into upper ranks of the business. In terms of backgrounds.


  5. "Forbes ranks RGA #97 as World's Best Employers on Global 2000 list"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Reinsurance Group of America full-time (More than 5 years)

    Pros

    Ethical company with not only nice people but also smart and innovative. Saw RGA's ranking on Forbes global 2000 list and am proud to be part of the organization. RGA is also listed on Forbes Top Regarded companies. Company keeps growing. Offers security with good pay and great benefits.

    Cons

    With growth comes challenges to stay on top of workload. Seems some people over stretched, while others aren't.

    Advice to Management

    Communicate more and make sure everyone demonstrates the values communicated - 90% or more do.


  6. Helpful (6)

    "Losing its shine"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    No opinion of CEO

    I have been working at Reinsurance Group of America full-time (More than 5 years)

    Pros

    The benefits are great, and pretty generous. It is a solid company.

    Cons

    - There is little opportunity to move up in the company.
    - It moves glacially slow in most decisions.
    - Accountability is lacking, and HR doesn't seem to care about fixing problems. Too many people in upper level management who should not be in those positions; they have outdated ideas, latch onto concepts without really understanding how anything works, and cannot inspire their teams to be the best. There are many in mid-level who are just trying to cater to the boss, not bringing any new ideas to the table and adding to the disfunction.
    - Leadership does not look at the the departments holistically, how they function and how to improve them. "Collaboration" is just a buzzword -- each department does its own thing, not utilizing the skills of other groups.
    - It is pretty much an old white guys' place. As much as RGA tries to publicize the great women in leaderships roles and Anna Manning is the CEO, its still pretty pale and male at the top levels.

    Advice to Management

    Clean house.
    Listen to the rumblings in hall.


  7. Helpful (2)

    "Bottom Up Security Strategy"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    No opinion of CEO

    I have been working at Reinsurance Group of America full-time (More than 3 years)

    Pros

    Great work culture and good people to work with

    Cons

    Middle and lower management is driving IT security strategy. Doing anything for security is a fight for resources from management.

    The company runs very lean. There may not be very many opportunities for advancement.

    Advice to Management

    Hire a Chief Information Security Officer. Put that person in charge of IT security and move individuals underneath that person. Have that person drive IT security strategy with support from the board.

  8. Helpful (6)

    "No Accountability"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Reinsurance Group of America full-time (More than a year)

    Pros

    Nice facility. Small enough workforce that you get exposed to a lot. Decent pay. Some great people to work with. Nice location in close proximity to lots of restaurants, bars, shopping and good access to main highway. Safe area too. Because no one is held accountable, you can have a good life/work balance.

    Cons

    -- Management -- all levels - are not held accountable whatsoever. Decisions based on quid pro quo and management do not listen to the very people they hired to provide subject matter expertise. If you speak up in the best interests of the company, but which may force a department or management to be held accountable for those decisions, you get retaliated against and "put in your place" and get cut off at the knees from being successful.

    -- No privacy. Open concept and all cubicles, even for confidential positions. Management forces you to take all calls from conference rooms rather than at your desk because of sound which reduces productivity having to hop around and try to find available conference rooms all the time.

    -- No career advancement prospects. They hire you for a position and that's the position you'll remain in regardless if you perform far beyond the level and show interest in advancing and gaining additional skills. No true succession planning from the bottom up.

    -- Company doesn't walk the talk. They talk about having an open door policy, that they're committed to employee growth and development, fostering a good work environment, and gender equality. But their actions on a day-to-day basis do not support this. HR is terrible and has little skill in managing people.

    -- Incredible lack of diversity and flagrant "boys club" mentality throughout many departments. Management say they respect the opinion and advice from females, but in practice it is quite the opposite. It's common for most decisions to be made excluding women from the conversation (even where they have the most relevant information and perspective to provide on the issue being decided) and resulting in yet another closed door decision by white males over the age of 50.

    -- Incompetent managers holding positions for which they have zero qualifications, zero aptitude and experience. Breeds insecurity and in turn, makes them horrible managers and leaders who do not support their reports.

    -- Inexistent leadership. No one is willing to do anything that might mean standing up for what is right or their reports. Managers are 100% focused on themselves.

    Advice to Management

    Trust the people you hire. They are committed to supporting you and the company if you give them a chance.

    Walk the talk.

    Take a hard look at how middle and senior management are so threatened by being held accountable that they're stifling some of your best employees for the future.


  9. Helpful (1)

    "Good and Bad"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Reinsurance Group of America full-time

    Pros

    Good pay and benefits. Amazing facility with covered parking, healthy cafeteria and fitness center.

    Cons

    Small, flat organization; difficult to move up.


  10. "Great Company!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Underwriter in Minneapolis, MN
    Current Employee - Underwriter in Minneapolis, MN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Reinsurance Group of America full-time (More than 10 years)

    Pros

    There is not much I don't like about working here. The people and culture of this company encourage work/life balance, innovation and creative thinking while striving to maintain a high quality of product for our clients. The benefits offered reflect the high value that this company places on employees.

    Cons

    It's a flat organization, at least in Minneapolis, so it's not a place to come work if your goal is to work your way up the corporate ladder.

    Advice to Management

    Keep up the good work! The strategies that have been put in place are exciting!


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