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Production Support Manager, Annuity Administration System

Group 1001
Remote Location, United States, United StatesRemotefull_timeVerifiedPosted 24 Jan 2025
💰 $135,000/yr

About the role

Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.

Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals.  All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.

Job Summary:

The Production Support Manager for the Annuity Administration System is responsible for ensuring the operational stability, performance, and reliability of the platform. This role involves managing a team of support analysts and engineers, coordinating with development and infrastructure teams, and proactively addressing system issues to maintain service excellence. The individual will play a critical role in supporting business operations, troubleshooting incidents, and driving process improvements.

Main Accountabilities:

  • Production Support Oversight:
    • Oversee daily production support activities for the annuity administration system.
    • Manage the prioritization and resolution of system incidents and service requests.
  • Team Leadership:
    • Lead and mentor a team of production support analysts and engineers.
    • Develop training plans to enhance team capabilities in troubleshooting and support.
  • Incident Management:
    • Act as the escalation point for high-priority incidents, ensuring swift identification and resolution.
    • Analyze root causes and work with cross-functional teams to implement preventive measures.
  • System Monitoring & Optimization:
    • Monitor system performance and proactively identify trends or potential issues.
    • Recommend and implement optimizations to enhance system reliability and efficiency.
  • Stakeholder Collaboration:
    • Collaborate with business users, development teams, and vendors to address system needs and resolve issues. Serve as the primary point of contact for production support-related queries and communications.
  • Change Management:
    • Coordinate with the development and QA teams to manage system changes and releases in a controlled manner.
    • Ensure thorough testing and documentation of changes before deployment.
  • Compliance & Reporting:
    • Ensure adherence to regulatory requirements and company policies within the annuity platform.
    • Generate and present reports on system performance, incident trends, and support activities.
  • Process Improvement:
    • Identify opportunities to enhance support processes, tools, and documentation.
    • Implement automation solutions to reduce manual effort and improve efficiency. 

Qualifications:

  • Education:
     Bachelor’s degree in Information Technology, Computer Science, Business Administration, or a related field.
  • Experience:
    • 7+ years of experience in production support, IT operations, or application management, with at least 3 years in a leadership role.
    • Experience with annuity administration systems or similar financial services platforms.
  • Skills:
    • Strong understanding of annuities and related business processes.
    • Proficiency in incident management and root cause analysis methodologies.
    • Knowledge of system monitoring tools, ticketing systems (e.g., ServiceNow), and ITIL practices.
    • Excellent communication, leadership, and stakeholder management skills.
    • Ability to manage multiple priorities and deadlines in a fast-paced environment.

Preferred Skills:

  • Familiarity with database management (SQL), middleware, and API integrations.
  • Experience working with DTCC integrations and annuity regulatory requirements.
  • Knowledge of cloud-based solutions and automation tools.

Compensation:

Salary is up to $135,000 annually

Benefits Highlights:  

Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability t

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Company

Group 1001

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