Annuity Processing Specialist

Fifth Third Bank•Cincinnati, OH

1d•Onsite

About The Position

Under general supervision, responsible for all aspects of processing annuity business from start to finish. Will be responsible for processing and reviewing all documentation for annuity (fixed and variable) in a fast-paced environment. Must be able to handle large volume of policies and delivery requirements in a time sensitive manner.

Requirements

Excellent customer service and communication skills required.
Must be detail oriented and able to multi-task.

Nice To Haves

Insurance license & Series 7 preferred.
Insurance and financial service experience preferred.
Prior experience with Finetre/AnnuityNet software would be beneficial.

Responsibilities

Process annuity applications, review for missing paperwork/documents and verify processing requirements.
Ensure that all needed forms are submitted with the application and all processing guidelines are met in a timely manner.
Act as liaison between registered representatives and carriers for coordinating the application process, including all required documentation.
Follow-up on pending and open business.
Verify Agent licensing and appointments and process such licensing and appointment paperwork when needed.
Verify sufficient funding is in place prior to business submission.
Obtain and relay any necessary information and correspondence between the clients, vendors, and other services providers.
Communicate regularly with sales staff, management, vendors, and clients to be sure the highest possible quality of customer service is being provided for every individual.
Respond promptly and courteously to sales force.
Other duties as assigned.