Life - Annuity Case Manager at Cincinnati Financial

Fairfield, Ohio, United States -

Full Time

Start Date

Immediate

Expiry Date

13 May, 26

Salary

24.0

Posted On

12 Feb, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Verbal Communication, Written Communication, Customer Service, Time Management, Attention to Detail, Knowledge of IRAs, Knowledge of 1035 Exchanges, Calculation Skills

Industry

Insurance

Description

Make a difference with a career in insurance At The Cincinnati Insurance Companies, we put people first and apply the Golden Rule to our daily operations. To put this into action, we’re looking for extraordinary people to join our talented team. Our service-oriented, ethical, knowledgeable, caring associates are the heart of our vision to be the best company serving independent agents. We help protect families and businesses as they work to prevent or recover from a loss. Share your talents to help us reach for continued success as we bring value to the communities we serve and demonstrate that Actions Speak Louder in Person®. If you’re ready to build productive relationships, collaborate within a diverse team, embrace challenges, and develop your skills, then Cincinnati may be the place for you. We offer career opportunities where you can contribute and grow. Build your future with us Our Life Policy Issue department seeks an annuity case manager. This role is responsible for setting up new annuity application submissions. The pay range for this position is $16.82 - $24.00 per hour. Pay is based on the applicant’s education, experience, location, knowledge, skills and abilities. Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance. Be ready to: review submissions for completion of agent suitability training and best interest training run fraud report on all annuitants process all 1035 transfer requests from other companies apply 1035 transfers with the qualifying tax information process five- and 10-year deferrals and settlement options on death claims report cost basis on 1035 transfers for tax reporting report required annuity information for all states for the market conduct annual statement process replacements within state guidelines assist the Life Actuarial and Internal Audit departments with quarterly and annual annuity audits work with other departments on internal replacements and death claims Be equipped with: exceptional verbal and written communication skills the ability to precisely and confidently communicate with and provide excellent customer service to both internal and external customers excellent time management to meet quick turnaround times on annuity applications and specific deadlines when asking for funds from other insurance companies or financial institutes attention to detail knowledge of qualified IRAs, Roth IRAs and non-qualified 1035 exchanges the ability to calculate the income and cost basis on non-qualified plans for IRS reporting Bring education or experience from: an associate’s degree (preferred) more than three years of life annuity experience (preferred) experience with CLIC Lifepro, suitability tracking and exclusion ratio calculations (preferred) Enhance your talents Providing outstanding service and developing strong relationships with our independent agents are hallmarks of our company. Whether you have experience from another carrier or you’re new to the insurance industry, we promote a lifelong learning approach. Cincinnati provides you with the tools and training to be successful and to become a trusted, respected insurance professional – all while enjoying a meaningful career. Enjoy benefits and amenities Your commitment to providing strong service, sharing best practices and creating solutions that impact lives is appreciated. To increase the well-being and satisfaction of our associates, we offer a variety of benefits and amenities. Embrace a diverse team As a relationship-based organization, we welcome and value a diverse workforce. We grant equal employment opportunity to all qualified persons without regard to race; creed; color; sex, including sexual orientation, gender identity and transgender status; religion; national origin; age; disability; military service; veteran status; pregnancy; AIDS/HIV or genetic information; or any other basis prohibited by law. All job applicants have rights under Federal Employment Laws. Please review this information to learn more about those rights.

Responsibilities

The annuity case manager is responsible for setting up new annuity application submissions and processing various requests related to annuities. This includes reviewing submissions, running fraud reports, and assisting with audits.