CIGNA was formed from two early American insurance companies. The first was founded as the Insurance Company of North America (INA) in 1792 and ran out of Philadelphia’s Independence Hall. As the first insurance company in America (then offering mostly marine insurance), INA is the oldest in operation today. The company even paid out life insurance policies for the Great Chicago Fire. In 1865, the governor of Connecticut signed an agreement to create the Connecticut General Life Insurance Company (CG)—the second company. CG and INA merged in 1981, becoming the insurance firm now known as CIGNA. Today, CIGNA is a health benefits company with a portfolio of health, pharmacy, behavioral, dental, disability, life, accident and international businesses.
CIGNA’s summer associates program was established to teach about the company’s products and services. The program also allows CIGNA to identify potential candidates for full-time hire; about 25 percent of interns are offered full-time employment or another internship. Interns receive training before working with a team on specific projects. They are placed into the actuarial science, pharmacy, nursing or technology programs, among others. Interns participate in speaker series, community service events and development workshops. Scholarships, online training courses and fitness facilities are among the perks available to interns.
Positions vary, but most are open to college sophomores, juniors and seniors, as well as graduate students.
Cigna Holding Company
1601 Chestnut Street
Philadelphia, PA 19192
Number of Interns: 101 or more
Compensation/Benefits: Academic Credit, Varies
Academic Level: College Sophomores, College Juniors, College Seniors, Graduate Students
Little Rock, AR