Abstract: A method, system and computer-usable medium are disclosed for managing the lifecycle of a shared privileged account. A proxy service is implemented with an Identity Management (IdM) system that defines and manages a plurality of identity services, which in turn manage a plurality of privileged accounts used to access a plurality of managed targets. Each of the identity services is mapped to a privilege group of the proxy service and an ID pool manager is implemented to manage sharing of the privileged accounts. A request is generated to access a managed target with a privileged account. A shared privileges module generates a shared ID authorization account and associates it with the requester. The shared ID authorization account is populated with sign out information for a shared privileged account, which the requester uses to access the corresponding managed target.