AAA Life Insurance Company

Annuity Processing Consultant

AAA Life Insurance Company

full-time

Posted on:

Location Type: Hybrid

Location: Livonia • Missouri • United States

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About the role

  • Review and process incoming annuity applications, ensuring all required documentation is complete and accurate.
  • Review policies/applications both inforce and new applications for suitability.
  • Process policy modifications, such as beneficiary updates, contract transfers, and partial and full withdrawals for all forms of withdrawals, in a timely manner.
  • Handle requests for annuity payments, including annuitization and scheduled disbursements.
  • Ensure all processing activities adhere to regulatory requirements, internal policies, and industry best practices.
  • Has a collaborative relationship with agents/field management, applicants, vendors, other business units, and managers with a focus on attainment of sales goals and objectives.
  • Proactively monitors reporting and cases to assure that sales objectives are achieved.

Requirements

  • Bachelor’s degree in Business Administration, Finance, Insurance, or a related field (preferred).
  • 6-8 years of experience in annuity processing, life insurance, or financial services operations.
  • Experience with insurance or annuity systems (such as Policy Administration Systems) is highly desirable.
  • Strong understanding of annuity products, processing procedures, and regulatory compliance.
  • Proficient in Microsoft Office Suite (Excel, Word, etc.) and familiar with internal systems used for annuity processing.
  • Detailed knowledge of the sales process, distribution channels and product lines
  • Strong analytical and problem-solving abilities.
  • Effective communication skills, both written and verbal, with a customer service orientation.
Benefits
  • Health insurance
  • Retirement plans
  • Paid time off

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
annuity processingpolicy modificationsregulatory compliancesales processfinancial services operationsanalytical skillsproblem-solving
Soft skills
effective communicationcustomer service orientationcollaboration
Certifications
Bachelor’s degree in Business AdministrationBachelor’s degree in FinanceBachelor’s degree in Insurance