This role can be filled at the Director or AVP level.
Job Summary
Manage (and accountable for) implementation of life, annuity, medical supplement, or other lines of business, from concept approval through delivery. Responsibilities encompass preparation of high-level project plans, milestones and target dates. Collaborate with several business and systems areas to ensure that projects are delivered on time and within specifications. Effectively communicate with all levels within the organization and inspire and motivate project teams.
Principal Duties and Responsibilities
Bring products to market by managing all aspects of the project life cycle from detailed plan development/maintenance, resource management, scope definition and management, change control, through testing and implementation. This includes following the formal product delivery process with key controls for deliverables and sign offs.
Manage cross-functional activities and coordinate with other projects/areas.
Prepare and manage high level project plans, milestones, target dates to ensure timely and accurate completion of projects within financial budgets established.
Provide regular updates to business sponsors and stakeholders as to the status of work in progress.
Monitor and ensure that any deliverables/deployments outstanding at the time of initial product launch are completed, including state approvals/variations, valuation systems, marketing roll out plans, etc.
Maintain excellent working relationships with business and technology partners (internal and external).
Monitor, engage, hold accountable our third party administrators (TPA) involved in the support of our product initiatives Create and/or coordinate documentation that Nassau provides to TPA
Review and coordinate Nassau responses to documentation provided by TPA
Collaborate with TPA on project deliverables, plans, strategies, timetables, costs, etc
Create budgets and review/analyze invoices associated with projects
Engage in solving difficult problems with creative, cost effective solutions
Facilitate effective brainstorming sessions
Manage project resources within a matrix team structure
Support Product Development during idea generation and assessment of new product endeavors. Identify critical success factors, legal constraints, and operational and servicing concerns. Determine resource and capability requirements on an enterprise level. Perform outsourcing evaluations as required.
Support Product Development with suggesting ways to improve the process of developing and delivering a product/initiative to market. Assist with scoping out length and difficulty of tasks.
Maintain appropriate attendance.
Perform other duties as assigned.
Knowledge, Skills and Abilities
8-10+ years professional experience within a financial industry
Effectively communicates with peers and all level of management, both business and technical audiences; excellent presentation skills
Excellent project management, organizational, and resource management skills
Exemplify extreme ownership
Ability to lead, manage, inspire and motivate diverse individuals
Ability to develop/implement strategies working with internal team, vendors and consultants
Successfully manage and coordinate activities across organization, often on multiple projects simultaneously
Strong problem solving, research and analytical skills
Strong negotiation, consensus building and conflict resolution skills
Customer service orientation
Ability to develop creative cost-effective solutions for business problems/projects
Innovator and Strategic Thinker
In depth knowledge of insurance products, distribution systems, and marketing concepts
Knowledge of compensation business practices and systems
Knowledge of financial services and products
Knowledge of regulations at the state and federal level that impact the company’s lines of business
College degree or equivalent work experience.
Benefits and Compensation
Nassau offers medical, dental, vision, and…