How to Become an Annuities Representative (New Business)

Step 1: Understand the job description and responsibilities of an Annuities Representative (New Business)

What does an Annuities Representative (New Business) do?

AN Annuities Representative (New Business) is responsible for the annuities application process. Assists applicants and checks forms for completeness and accuracy. Being an Annuities Representative (New Business) ensures compliance with all regulations and keeps abreast of any changes to laws and regulations which pertain to annuities applications. Reviews all fund transfers such as tax-free fund transfers, direct transfers and direct rollovers for completeness and compliance. Additionally, Annuities Representative (New Business) is responsible for responding to inquiries from clients, agents, financial institutions and internal departments. May require a bachelor's degree or its equivalent. Typically reports to a supervisor or manager. Requires National Association of Securities Dealers (NASD) license. The Annuities Representative (New Business) works on projects/matters of limited complexity in a support role. Work is closely managed. To be an Annuities Representative (New Business) typically requires 0-2 years of related experience.

Step 2: Learn best tips to become an Annuities Representative (New Business)

Best tips for those who want to become an Annuities Representative (New Business)

Here are some tips to become an Annuities Representative (New Business).

Step 3: View best colleges and universities for Annuities Representative (New Business)

Best colleges and universities for Annuities Representative (New Business)

Butler University
Carroll College
Cooper Union
High Point University
Princeton University
Providence College

Step 4: Think about whether is it worth to be an Annuities Representative (New Business)

Is being an Annuities Representative (New Business) Worth it?

People's Opinions on lifestyles

That’s why a guaranteed income annuity from New York Life offers many ways to customize your income.

12/08/2019: Trenton, NJ

These modified single premium deferred fixed index annuities from one of the industry’s leaders provide the opportunity to select between the Strategic Growth Annuity which features accumulation-oriented caps, participation rates and spreads without a bonus, and the Strategic Growth Plus Annuity, which features a six percent premium bonus with competitive caps, participation rates and spreads.

12/21/2019: Florence, SC

Deferred annuities can help you save more for retirement and defer taxes.1 They are available in both fixed and variable2 varieties.

01/19/2020: Carson City, NV

Immediate income annuities can offer peace of mind with a source of guaranteed income that will last as long as you want, or as long as you live.

02/28/2020: Wichita, KS

Annuities are retirement products that can help provide a steady, guaranteed stream of income in retirement.

12/26/2019: Alamogordo, NM

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Step 5: Prepare relevant skills for being an Annuities Representative (New Business)

What skills do you need to be an Annuities Representative (New Business)?

This is not a management position, but still requires important skills in order to fully execute the role. A keen understanding of the following is necessary for the role: Customer Onboarding, Customer Support, Financial Needs Assessment, Compliance, Insurance Operations. Some of the more basic skills utilized in this role include: Customer Service Help Desk Software, Insurance Software. These skills are certainly important to the role, but keep in mind, fit into a company culture and environment is often just as important.

People's Opinions on Annuities Representative (New Business) skills

Inside Sales Representative - Central RegionInside Sales Representative - Central RegionToptalKansas City, KSSomeone with outstanding customer relations skills, exceptional communication, and have excellent phone manners will thrive.

12/30/2019: San Francisco, CA

Business Development ManagerBusiness Development ManagerOffice DepotKansas City, MOMinimum 2 years experience in related field.

02/14/2020: Amarillo, TX

Business Development ManagerBusiness Development ManagerWESCO DistributionKansas City, MOFinancial analysis, sales, and negotiation experience – 5 years required; 6 or more years preferred.

12/26/2019: Long Beach, CA

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Step 6: View average salary for Annuities Representative (New Business)

How much does an Annuities Representative (New Business) make?

The average salary range for an Annuities Representative (New Business) is from $41,971 to $51,888. The salary will change depending on your location, job level, experience, education, and skills.

Salary range for an Annuities Representative (New Business)

$41,971 to $51,888