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 .
- 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.
- 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.
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
- 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.
$73.45k - $132.78k
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