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Annuity Processor Jobs (NOW HIRING)

Manage and coach a team of annuity claims processors and reviewers * Set performance goals, conduct regular feedback sessions and complete performance reviews * Foster a culture of accountability ...

Manage and coach a team of annuity claims processors and reviewers * Set performance goals, conduct regular feedback sessions and complete performance reviews * Foster a culture of accountability ...

This position's primary focus is annuity claims but will also be required to assist with other ... Processing and approving claim payments, generating settlement confirmation letters and tracking of ...

Drive continuous improvement across product development and implementation processes * Monitor post ... Strong understanding of annuity (or life) product lifecycle including pricing, filing ...

This position's primary focus is annuity claims but will also be required to assist with other ... Processing and approving claim payments, generating settlement confirmation letters, and tracking ...

This position's primary focus is annuity claims but will also be required to assist with other ... Processing and approving claim payments, generating settlement confirmation letters and tracking of ...

Ensure timely and accurate processing of pension and annuity benefit applications and payments. * Attend trust meetings, benefit fairs, union meetings, new-hire orientations, and industry conferences ...

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Annuity Processor information

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How much do annuity processor jobs pay per hour?

As of Jul 15, 2026, the average hourly pay for annuity processor in the United States is $16.74, according to ZipRecruiter salary data. Most workers in this role earn between $13.46 and $19.23 per hour, depending on experience, location, and employer.

What are some common challenges faced by annuity processors, and how can they be managed effectively?

Annuity processors often encounter challenges such as handling complex paperwork, ensuring accurate data entry, and staying up-to-date with regulatory changes. Managing multiple cases simultaneously while maintaining attention to detail is crucial, as errors can delay client payouts or impact compliance. Effective time management, ongoing training, and clear communication with financial advisors and underwriters help annuity processors overcome these challenges and ensure smooth processing of annuity contracts.

What profession makes $300,000 a year?

Annuity processors typically do not earn $300,000 annually; such high salaries are more common in executive roles, specialized financial advisors, or senior investment professionals. High-paying finance careers often require advanced certifications, extensive experience, and specialized skills in financial analysis or management.

How much does an annuity salesman make?

An annuity salesperson's earnings typically include a base salary plus commissions, with total compensation ranging from $50,000 to over $150,000 annually depending on experience, sales performance, and the company. Successful agents with strong client networks can earn higher commissions and bonuses, especially when working in a competitive financial services environment.

What are the key skills and qualifications needed to thrive as an Annuity Processor, and why are they important?

To thrive as an Annuity Processor, you need strong attention to detail, a solid understanding of financial products, and typically a high school diploma or associate degree. Familiarity with insurance processing software, CRM systems, and regulatory compliance tools is essential. Excellent organizational skills, effective communication, and problem-solving abilities help you manage complex paperwork and customer inquiries. These skills ensure accurate processing, regulatory adherence, and high-quality client service in the financial industry.

What is an Annuity Processor?

An Annuity Processor is a professional who manages the administrative tasks involved with annuity contracts, including processing applications, verifying client information, and ensuring compliance with regulations. They serve as a key liaison between clients, agents, and insurance companies to facilitate smooth annuity transactions. Annuity Processors may also handle changes to policies, address client inquiries, and maintain accurate records throughout the lifecycle of an annuity. Their work is essential for ensuring timely and accurate handling of annuity products.

What jobs pay 4000 a week without a degree?

Annuity processors typically earn between $50,000 and $80,000 annually, which averages to less than $4,000 per week. High-paying jobs that can reach or exceed $4,000 weekly without a degree often include roles such as sales managers, real estate brokers, or skilled trades like electricians and plumbers, which may require experience or certifications rather than a college degree.

What jobs pay 500,000 a year in the US?

In the US, high-paying roles such as senior executives, investment bankers, specialized surgeons, and certain successful entrepreneurs can earn $500,000 or more annually. For an annuity processor, such salaries are uncommon unless combined with executive responsibilities or bonuses, as the role typically offers lower compensation. Achieving this level often requires extensive experience, advanced certifications, or leadership positions in finance or healthcare sectors.

What is the difference between Annuity Processor vs Annuity Underwriter?

AspectAnnuity ProcessorAnnuity Underwriter
CredentialsTypically requires high school diploma or equivalent; some roles prefer insurance or finance certificationsOften requires similar credentials; may need insurance licenses or underwriting certifications
Work EnvironmentOffice setting, processing applications and verifying dataOffice setting, assessing risk and approving policies
Industry UsageCommonly employed in insurance and financial servicesUsed in insurance companies, especially in risk assessment
Search & Comparison IntentFocuses on data processing and administrative tasksFocuses on risk evaluation and decision-making

While both roles operate within the insurance industry, Annuity Processors handle data entry and application processing, whereas Annuity Underwriters evaluate risk to determine policy approval. Understanding these differences helps job seekers identify the right career path based on their skills and interests.

More about Annuity Processor jobs
What states have the most Annuity Processor jobs? States with the most job openings for Annuity Processor jobs include:
Infographic showing various Annuity Processor job openings in the United States as of July 2026, with employment types broken down into 90% Full Time, 3% Part Time, 2% Temporary, and 5% Contract. Highlights an 90% In-person, and 10% Remote job distribution, with an average salary of $34,822 per year, or $16.7 per hour.
Annuity Processing Specialist

Annuity Processing Specialist

Fifth Third Bank, N.A.

Saint Bernard, OH • On-site

Other

Posted 23 days ago


Fifth Third Bank rating

7.5

Company rating: 7.5 out of 10

Based on 113 frontline employees who took The Breakroom Quiz

92nd of 149 rated banks


Job description

Make banking a Fifth Third better®We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

GENERAL FUNCTION: 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.

DUTIES & 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.

SUPERVISORY RESPONSIBILITIES: None

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

  • Insurance license & Series 7 preferred.

  • Insurance and financial service experience preferred.

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

  • Prior experience with Finetre/AnnuityNet software would be beneficial.

#LI-MW1

Annuity Processing Specialist

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.

LOCATION -- Cincinnati, Ohio 45227

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes - no matter how they are submitted - will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.


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About Fifth Third Bank

Sourced by ZipRecruiter

Fifth Third Bank, National Association established in 1858, is a diversified financial services company headquartered in Cincinnati, Ohio. Fifth Third is among the largest money managers in the Midwest. It operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Wealth & Asset Management.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Cincinnati, OH, US

Year founded

1858