Annuity Services Director directs and oversees all aspects of the annuity customer service program. Provides leadership on the administration of annuity products including distribution, asset transfers, death claim approvals to ensure compliance with state and federal regulations. Being an Annuity Services Director maintains appropriate staffing to ensure high-level quality service and ensures hired staff has the education necessary and is provided the appropriate training to keep up-to-date on regulations. Requires a bachelor's degree. Additionally, Annuity Services Director typically reports to top management. Typically requires passing Series 6 (IR) , 26 (IP), and 63 (Uniform Securities Agent State Law) qualifying exams. The Annuity Services Director typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be an Annuity Services Director typically requires 3+ years of managerial experience. (Copyright 2024 Salary.com)
Annuity Specialist I
SUMMARY BY LEVEL: This position is responsible for administering all annuities in compliance with IRS regulations and for maintaining annuity values necessary for proper accounting treatment. This position involves professional and technical work in the administration of annuities, IRA’s and life insurance tax issues. Work is performed under general supervision; however, the employee is expected to exercise independence in the performance of assigned responsibilities.
ESSENTIAL DUTIES AND RESPONSIBILITIES: The following duties are representative of those required for the position. All of the duties may not be required and additional duties may be assigned.
EDUCATION and/or EXPERIENCE
Bachelor’s Degree in accounting, business, finance, insurance or related area; except that related work experience including experience with IRA administration may be substituted on a year-for-year basis for formal education requirement.
Job Type: Full-time
Pay: $44,500.00 - $60,000.00 per year
Benefits:
Work setting:
Work Location: In person