Project Manager

ValueMomentum, Inc.; New Jersey; On-site; USD 120,000 - 155,000; Full time

Job summary

ValueMomentum is seeking a senior Project Manager with extensive experience in the property and casualty insurance sector. You will plan and drive large initiatives, coordinate IT, business analysis, and operations, and partner with clients and internal teams to ensure delivery within budget and objectives.

The role emphasizes stakeholder communication, risk mitigation, and process improvements, with a focus on aligning projects to strategic goals in a dynamic insurance environment.

Qualifications

• Minimum of 10 years of project management experience in the P&C insurance industry.
• Bachelor’s degree in business, Insurance, or a related field.
• PMP, PgMP, or Scrum Master certification preferred.
• Strong understanding of insurance processes, regulations, and market trends.
• Excellent communication, leadership, and organizational skills.
• Proficiency in project management software and tools.
• Familiarity with program management tools (e.g., Microsoft Project, JIRA, Rally).

Responsibilities

• Develop detailed project plans, including scope, timelines, and resource allocation.
• Lead projects from initiation to completion, ensuring alignment with business objectives.
• Act as the primary point of contact for project stakeholders, including clients, team members, and senior management.
• Communicate project goals, progress, and risks effectively to all stakeholders.
• Identify potential project risks and develop mitigation strategies.
• Monitor and control project risks to minimize impact on project delivery.
• Manage project budgets, including cost forecasting and reconciliation.
• Ensure projects are delivered within budget and financial constraints.
• Coordinate with cross-functional teams, including IT, business analysts, and operations.
• Resolve resource and scheduling conflicts in a matrixed organization.
• Implement process improvements using methodologies like Six Sigma to enhance project efficiency and success.
• Maintain and build relationships with insurance companies and clients.
• Negotiate and manage quotes, binders, endorsements, and renewals for existing customers.

Skills

Project management

Leadership

Communication

Stakeholder management

Risk management

Budgeting

Process improvement

Education

Bachelor's degree in business or Insurance

Tools

Microsoft Project

JIRA

Rally

Job description

• Minimum of 10 years of project management experience in the P&C insurance industry.
• Bachelor’s degree in business, Insurance, or a related field.
• PMP, PgMP, or Scrum Master certification preferred.
• Strong understanding of insurance processes, regulations, and market trends.
• Excellent communication, leadership, and organizational skills.
• Proficiency in project management software and tools.
• Familiarity with program management tools (e.g., Microsoft Project, JIRA, Rally).

Key Responsibilities:

Project Planning & Execution:

• Develop detailed project plans, including scope, timelines, and resource allocation.
• Lead projects from initiation to completion, ensuring alignment with business objectives.

Stakeholder Management:

• Act as the primary point of contact for project stakeholders, including clients, team members, and senior management.
• Communicate project goals, progress, and risks effectively to all stakeholders.
• Identify potential project risks and develop mitigation strategies.
• Monitor and control project risks to minimize impact on project delivery.
• Manage project budgets, including cost forecasting and reconciliation.
• Ensure projects are delivered within budget and financial constraints.

Team Coordination:

• Coordinate with cross-functional teams, including IT, business analysts, and operations.
• Resolve resource and scheduling conflicts in a matrixed organization.

Process Improvement:

• Implement process improvements using methodologies like Six Sigma to enhance project efficiency and success.

Client Interaction:

• Maintain and build relationships with insurance companies and clients.
• Negotiate and manage quotes, binders, endorsements, and renewals for existing customers.

About ValueMomentum:

ValueMomentum is a leading solutions provider for the global property and casualty insurance industry, supported by deep domain and technology capabilities. We help insurers stay ahead with sustained growth and high performance for enhancing stakeholder value and fostering resilient societies. Trusted by over 100 insurers, ValueMomentum is one of the largest services providers exclusively focused on property and casualty. ValueMomentum is headquartered in Piscataway, NJ, with state-of-the-art delivery centres in Piscataway, NJ; Hyderabad, Pune, and Coimbatore in India; Toronto in Canada; and London in the United Kingdom.

ValueMomentum is an Equal Opportunity Employer committed to fostering a diverse and inclusive workplace. We make all employment decisions based on qualifications, merit, and business needs, without regard to race, color, religion, sex, gender identity or expression, sexual orientation, national origin, age, disability, protected veteran status, genetic information, or any other characteristic protected by applicable federal, state, or local law. We are also committed to providing reasonable accommodation for qualified individuals with disabilities and applicants throughout the recruitment process, in accordance with applicable laws.