Annuity Officer at FBNInsurance

Job Id: ANUO/2516
Location: Nigeria

Purpose of Job

• Responsible for the maintaining and servicing of all annuity policies, inforce and prospects (Immediate and Deferred)

Job Duties and Responsibilities

• Provide business support for the annuity sales team
• Prepare provisional agreements for the annuitants
• Liaise with PFAs on the following
• Submitted Provisional Agreement
• Premium Transfers from PFAs into our annuity account
• Scheduled details of the fund transfer into our annuity account
• Generate policy schedule and welcome letters to annuitant confirming receipt of payment and the annuity details
• Generate weekly and monthly reports as follows:
  • Annuity premiums transfer from the PFAs
  • Expected Premiums pending from all PFAs
  • Sales team production report
• Generate the following monthly payment schedules weekly and monthly reports as follows:
  • Annuitants Payments
  • Commission Payments to the Sales team
  • LASPEB Commission
  • Monthly allowance of the sales team
  • Attend to annuity claims payment relating to death cases (if any)