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  • Posted: Feb 3, 2016
    Deadline: Feb 5, 2016
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    FBNInsurance is a limited liability company licensed to transact lnsurance businesses in Nigeria. The Company is jointly owned by FBN Holdings Plc (65%) and the Sanlam Group, one of the largest financial institutions in South Africa (35%) and it officially commenced operations on the 1st September 2010. Drawing from the knowledge and experience of our ow...
    Read more about this company

     

    Annuity Officer

    • Job Type Full Time
    • Qualification
    • Experience None
    • Location Not specified
    • Job Field Banking 

    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)

    Method of Application

    We are an equal opportunity Employer and place great importance on the personal and professional development of our People. You will be responsible for driving your own development, but we are committed to helping you realize your full potential - and maybe even discover a few hidden talents!

    Please note that only shortlisted candidates will be contacted.

    Visit the Application Portal to apply

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