No, I have had it kill me without being stuck on my character. It's killed me when landing directly behind me, for example. It will then stay in its location after I've died and continue to pulse. And who knows, it may not be intentional and I'm not going to argue how the game interprets it, but it happens.
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The only thing I can think of that would cause it to one-shot is maybe Damage Ref.(I actually don't even understand what the DM is, but that sounds like what it would do) I've been playing since almost day one and have never even seen it happen once in almost 2 years. Also, I would like to apologize about my first comment, I was tired and felt like being a twat at the time.