Reinsurance Group of America to Hire Hundreds in St. Louis Area

A St. Louis, Mo.-based insurance company has vowed to add at least 300 employees within five years.

The Reinsurance Group of America discussed the hiring spree while breaking ground on a new, $140 million headquarters complex in suburban Chesterfield.

RGA sells insurance to other insurance companies. Its president and CEO, Greig Woodring, says the company would hire actuaries, accountants, information technology specialists and risk managers.

KMOV-TV reports that the Missouri Department of Economic Development says RGA is approved to receive up to $10.5 million in tax incentives. St. Louis County is also offering up to $30 million in local tax incentives.

RGA currently employs 750 full time workers, along with 200 contractors at its Chesterfield office. The company also has operations in more than 20 other countries.