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Project Manager - Annuity Domain

Novacruitix

Job Description

We are seeking an experienced Project Manager with strong Life Insurance and Annuity domain expertise to lead end-to-end business and technology initiatives.

The ideal candidate will have hands-on experience managing projects involving annuity products, policy administration systems, regulatory initiatives, system enhancements, conversions, and operational improvements . This position requires close collaboration with business stakeholders, IT teams, actuarial teams, compliance, operations, finance, and third-party vendors.

Key Responsibilities
  • Lead end-to-end delivery of Life Insurance and Annuity projects , including product launches, system enhancements, regulatory initiatives, conversions, and operational improvements.
  • Develop and maintain detailed project plans, schedules, milestones, RAID logs, dependencies, and status reports .
  • Coordinate cross-functional teams across Actuarial, Operations, Compliance, Finance, IT, Business Analysis, QA, and external vendors .
  • Manage project scope, timelines, budgets, resources, risks, issues, and change requests.
  • Conduct project kickoffs, status meetings, retrospectives, and steering committee meetings.
  • Provide regular project updates and executive-level reporting to senior stakeholders.
  • Partner with Business Analysts and business teams during requirements gathering and ensure requirements are tracked through development, testing, and UAT.
  • Coordinate UAT, implementation, cutover planning, go-live readiness, and post-production support .
  • Manage risks, dependencies, escalations, and stakeholder expectations throughout the project lifecycle.
  • Ensure projects comply with applicable insurance regulations and guidelines, including State DOI, NAIC, suitability, and best-interest requirements .
  • Manage third-party vendors and ensure timely completion of project deliverables.
  • Drive projects using Agile, Waterfall, and Hybrid delivery methodologies .
Required Qualifications
  • 8+ years of Project Management experience in enterprise environments.
  • Minimum 3+ years of experience in Life Insurance and/or Annuity domains .
  • Strong knowledge of the annuity and insurance policy lifecycle .
  • Experience with Fixed Annuities, Fixed Indexed Annuities, and/or Variable Annuities .
  • Experience managing projects involving policy administration systems .
  • Experience with platforms such as FAST, LifePRO, EXL LifePRO, Majesco, Sapiens , or similar insurance platforms.
  • Strong experience with Agile, Waterfall, and Hybrid methodologies .
  • Hands-on experience with Jira, MS Project, Smartsheet , or similar project management tools.
  • Experience with requirements management, testing, UAT, implementation, and production rollout .
  • Strong stakeholder management, vendor management, communication, and executive reporting skills.
  • Bachelor's degree in Business, Information Technology, Computer Science , or a related field.
Preferred Qualifications
  • PMP, PMI-ACP, or CSM certification .
  • LOMA certifications , such as FLMI or ACS.
  • Experience managing regulatory/compliance projects within the insurance industry.
  • Experience with policy administration system conversions, migrations, or modernization projects .
  • Experience working with major Life Insurance/Annuity carriers such as Banner Life, Legal & General, Brighthouse Financial, Lincoln Financial, Athene , or similar organizations.
Primary Skills

Project Management | Annuities | Life Insurance | Policy Administration Systems | FAST | LifePRO | Majesco | Sapiens | Agile | Waterfall | UAT | Regulatory Compliance

Must-Have Skills

Life Insurance / Annuity Domain Experience



8+ Years of Project Management Experience



Annuity Policy Lifecycle Knowledge



Policy Administration System Experience



Stakeholder & Vendor Management



Agile / Waterfall / Hybrid Methodologies

Work Requirements
  • Candidate must be willing to work onsite in Frederick, Maryland .
  • This position is W2 only .
  • C2C candidates will not be considered .
  • Candidates with valid work authorization who can work on W2 may be considered.

Interested candidates should share their updated resume, current location, work authorization/visa status, and availability for further discussion.

Vacancy posted 1 day ago
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