Summary:
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.
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.
- Researches current tax rules and requirements and administers IRA and non-qualified annuity forms, endorsements, and disclosures, and monitors the company’s compliance, updating documents and tax forms as necessary.
- Completes all tax reporting (including 1099, 5498, and W-2) for Farm Bureau Life by researching tax rules, calculating amounts, and generating reports.
- Completes Life 1035 exchanges of life and annuity products under compliance of IRS Section 1035.
- Issues annuity and supplementary contracts and calculates claim proceeds.
- Develops new policy forms and files forms with the state.
- Provides excellent customer service to all external and internal customers and maintains a good working relationship with field and Home Office personnel.
- Performs other duties and projects as 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: $44,400.00 - $67,500.00 per hour
Expected hours: 40 per week
Benefits:
- 401(k) matching
- Dental insurance
- Flexible schedule
- Health insurance
- Paid time off
- Tuition reimbursement
- Vision insurance
Weekly day range:
Work setting:
Ability to Relocate:
- Jefferson City, MO 65109: Relocate before starting work (Required)
Work Location: In person