Annuity Processing Consultant
AAA Life Insurance Company
full-time
Posted on:
Location Type: Remote
Location: 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
- Reasonable accommodation will be made for otherwise qualified applicants as needed to enable them to fulfill these requirements.
- We are committed to ensuring equal employment opportunities for all job applicants and employees.
- Employment decisions are based upon job-related reasons regardless of an applicant's race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
annuity processingpolicy modificationsregulatory compliancesales processfinancial services operationsanalytical skillsproblem-solving
Soft Skills
effective communicationcustomer service orientationcollaborative relationship
Certifications
Bachelor’s degree in Business AdministrationBachelor’s degree in FinanceBachelor’s degree in Insurance