Reinsurance Group of America, Incorporated logo

Managing Director, Private Placements

Salary
$180.2K–$268.4K
Hiring from
United States
Work type
Hybrid
Posted
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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 200 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.

A Brief Overview

RGA’s global Investments team manages more than $145 billion in assets and includes over 290 associates with a local presence around the world. Built on a globally integrated platform that combines liability expertise, proprietary capabilities, strategic partnerships, and disciplined execution, Investments delivers tailored solutions that support RGA’s financial strength, flexibility, and competitive advantage. The team balances risk and return to maintain a diversified, resilient, and high-quality investment portfolio aligned with the needs of RGA, its clients, and partners. Through a flexible asset platform and broad suite of investment capabilities, Investments serves as a strategic partner in supporting RGA’s long-term success.

The Managing Director, Private Placements is responsible for leading the construction of a private placement corporate credit portfolio and execute private trades consistent with established constraints of the investment guidelines. Demonstrate expertise in the areas of fundamental credit analysis, investment due diligence, deal structuring and negotiation, legal documentation, and the intricacies of the 4(a)(2) private placement market and capital markets in general. Work closely with senior members of the team to source and underwrite new investment opportunities that meet RGA’s risk and return parameters, leverage deal structuring capabilities, conduct portfolio surveillance, and assist in the general management of a growing private credit-focused portfolio.


What you will do

  • Monitor markets & cultivate deal origination: maintain current and expand relationships to facilitate private placement deal flow, including secondary trading activity to meet the need for portfolio yield enhancement to support RGA growth strategy.
  • Analyze private securities relative to RGA investment policies and portfolio goals and execute trades to achieve the desired income targets while protecting against excess principal loss. This includes assessing the legal, structural and covenant features of potential transactions and negotiating with legal counsel to ensure documentation is accurate and complete and reflects the negotiated terms.
  • Collaborate with global portfolio management team, credit analysts and operations staff to facilitate deal analysis, allocation and ongoing portfolio reporting and monitoring requirements. This includes the collection, distribution, and analysis of received financial statements and amendment requests and the filing of any required documentation to maintain credit ratings with the Securities Valuation Office (SVO) or any other regulator as needed.
  • Demonstrate leadership in the design and advocacy of a credit culture within the department and the company. Provide mentorship for junior members of the credit and investment teams. Demonstrate learning mindset with the goal of continued improvement in credit selection and monitoring process.
  • Conduct sophisticated fundamental relative value analysis at the industry and individual issuer levels that manifest in the selection of the bonds that are purchased in the portfolio.
  • Independently produce high quality substantive written reports that are clear and concise and demonstrate the strengths and risks of credit decisions.
  • Source and synthesize a wide variety of data pertaining to any assigned issuer or industry in an efficient manner. The data includes but is not limited to earnings reports, company presentations, industry data, rating agency considerations and the macro-economic climate all which impact investment decisions. Generate well framed questions and target lines of inquiry for varied audiences (rating agency analysts, management etc.) that would contribute to well supported decisions.

Qualifications

Education and Experience

Required:

  • Bachelor’s Degree in Economics, Finance or related field or equivalent related work experience
  • CFA Charter Holder
  • 10+ years investment-related experience with a minimum of 3 years’ experience in the institutional private placement market
  • Advanced understanding of capital structure, note legal documentation and rating profile assessment

Preferred:

  • Master’s Degree: MBA or MS
  • 8+ years’ experience within insurance/reinsurance industry

Skills and Abilities

Required:

  • Advanced Word and Excel skills and intermediate Access skills
  • Exceptional oral and written communication, presentation and training skills, demonstrating the ability to convey business terminology that is meaningful and well received by all stakeholders, including customers and associates.
  • Highly advanced knowledge of accounting and financial statement analysis
  • Highly advanced knowledge and understanding of asset/liability management in an insurance context.
  • Expert understanding of fixed income markets including corporate bonds, high yield, emerging markets, private placements, and project finance/infrastructure investments.
  • Highly advanced skills in portfolio analysis and fixed income analytics (i.e. sector weightings, portfolio duration, performance attribution, convexity, and term structure of interest rates).
  • Highly advanced knowledge of investment management systems, including trade order management, fixed income analytics and compliance.
  • Expert skills in portfolio and security-level analysis system tools.
  • Exceptional ability to make timely and effective decisions and produce results through strategic planning and the implementation and evaluation of programs and policies.
  • Exceptional ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines to foster teamwork and client service culture
  • Exceptional skills in managing multiple tasks, projects and/or sub-teams simultaneously, including the ability to handle changing priorities.
  • Expertise in translating business needs and problems into viable and accepted solutions.

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.

We’re excited to get to know you and connect your unique skills with our global opportunities. To create a modern and seamless experience, we use artificial intelligence (AI) in parts of our preliminary screening process. This technology helps us personalize job recommendations, automate interview scheduling, evaluate candidates based solely on experience—without considering name, gender, or other personal details—and provide real-time answers through our chatbot. AI is used only during early screening and never makes hiring decisions. Your RGA recruiter will work closely with you every step of the way to ensure the process feels personal, thoughtful, and focused on you.

Compensation Range:

$180,220.00 - $268,400.00 Annual

Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.

RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.

About Us

Understanding RGA's story starts with getting to know us. Driven by our purpose, we work to solve today’s challenges while looking ahead to tomorrow. We are thinkers, creators, and innovators. We are each unique, yet we share a beliefthat change happens when people collaborate for good.Wework to make a difference every day at RGA.

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