Summer Intern, Investments - Real Estate
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.
Role of Investment Real Estate
The real estate team is responsible for originating, monitoring, and servicing RGA’s commercial real estate portfolio which includes approximately 900 commercial mortgage loans and 70 commercial real estate equity joint ventures. The asset management and surveillance team work within the real estate team to provide loan ratings, high-level servicing, and support of the loan underwriting process and other team needs.
Internship Overview
Portfolio surveillance, asset management activities, new loan underwriting, loan servicing. The intern will be exposed to the fundamental aspects of commercial real estate lending and portfolio management. By the end of the assignment the intern will understand commercial real estate value from a qualitative and quantitative perspective and will be able to interpret and analyze commercial property markets, operating statements, and rent rolls. The intern will possess a foundation in commercial mortgage loan underwriting and portfolio management with respect to the various property types basics which comprise the key elements of commercial real estate finance.
Responsibilities
The intern will work in the surveillance/asset management group and will assist the real estate analysts in activities relating to portfolio surveillance with an emphasis on the loan rating process. Specific activities include collecting and analyzing data and creating spreadsheet analysis of property level income, expenses, and rent rolls. The intern will participate in regular watch list meetings and assist in gathering information on potential loan defaults. The intern will also be exposed to new loan underwriting and will assist the underwriters in creating loan packages to be submitted to the real estate investment committee for approval. The intern will also work on cross-functional projects as time permits.
Requirements
Must be enrolled as a full-time college student at the Junior, Senior or Graduate level pursuing a degree in Business, Finance, Real Estate or related degree program at an accredited university
Strong verbal and written communication skills
Strong analytical and problem solving skills
Advanced proficiency in MS Excel and MS Word
Technology savvy, programming and process improvement/automation skills
Creative thinker and self-motivated
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.