Employment Nigeria
05-Feb-2016
₦60,000 - 100,000
NIGERIA ,
Insurance
First Bank of Nigeria Insurance is a limited liability company licensed to transact Insurance 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 owners, we intend to play a significant role in the development of the insurance industry in Nigeria. To achieve this, we are anchoring our operations on product innovation, efficient service delivery and prompt claim settlement.
POSITION : Annuity Officer
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)
Salary
100,000
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