Annuity Officer in Lagos, Nigeria

at First Bank Nigeria

Banking / Financial Services
Minimum Qualification
Bachelor's Degree
Required Experience
3 - 5 years
Employment Type
Full Time
Male or Female
Share this job

Job Description

Job Id: ANUO/2516

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)
  Apply Now

Sponsored Jobs in United States

Ads by Careerslip