Portfolio Manager: Business Project and Programme Team

Lockton; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

A leading company in the insurance sector is seeking a Portfolio Manager for their Business Project and Programme Team. This mid-senior level role focuses on managing project portfolios, ensuring alignment with business objectives, and developing strong stakeholder relationships. The ideal candidate will have a solid understanding of project portfolio management methodologies and experience in the financial services industry, particularly within the London Insurance Market.

Qualifications

• Understanding of the financial services/insurance industry.
• Experience managing delivery across all project phases.
• Proven track record of managing portfolios and programmes successfully.

Responsibilities

• Support implementation and adoption of new processes within PMO.
• Manage overall portfolio of UK & Europe projects.
• Develop and manage portfolio-wide reports on progress, risks, and issues.

Skills

Analytical skills

Problem-solving

Effective communication

Leadership

Stakeholder management

Education

Project or change management certifications (e.g., AMP, PRINCE2)

Tools

Monday.com

Job description

Portfolio Manager: Business Project and Programme Team

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Your Responsibilities

• This role is instrumental in supporting the implementation and adoption of new processes and procedures within our expanded PMO team whilst providing crucial support to our growing team of project professionals. Reporting to the Head of Projects and Programmes for UK & Europe, the role is key in monitoring and tracking our project portfolio, coordinating with business stakeholders and providing them with the insights and assurances they need, coordinating with project managers, managing project finances, and supporting the overall success and establishment of our project delivery function. The role will focus on portfolio management for the Technology function, and in time widen out to include broader management of the entire UK & Europe portfolio.
• Develop and maintain strong working relationships with key senior stakeholders, including the Head of Technology and the Head of Digital.
• Manage the overall portfolio of UK & Europe projects, encompassing business, digital and IT initiatives. The objective will be to ensure alignment with business objectives, strategic initiatives, and technological advancements.
• Oversee the selection, prioritisation, and resource allocation of initiatives through an agreed governance framework, ensuring they deliver value within defined budgets and timelines.
• Lead the implementation and continuous evolution of portfolio management processes, ensuring adherence to industry standards to align with the evolving business and technology landscape.
• Drive the adoption of project management tools and methodologies within the team, including Monday.com for project tracking, ensuring their effectiveness in managing complex portfolios and enabling accurate monitoring of project progress and health.
• Support the implementation and adoption of new PMO processes within the Business Change Team, ensuring alignment with organisational goals and standards.
• Develop and manage portfolio-wide reports on progress, status, risks, and issues, providing actionable insights for stakeholders to facilitate informed decision-making and timely project delivery.
• Track and manage risks and issues across the portfolio, collaborating with project teams and business leaders to develop mitigation strategies.
• Oversee resource management and allocation across projects, fostering collaboration to share resources and expertise as needed.
• Support the development of the PMO management framework.
• Flag any breaches of regulatory or internal operational procedures.
• Provide strategic and tactical support to the Head of Projects and Programmes, including preparing high-level project documentation, stakeholder presentations, and coordinating key project meetings.

Qualifications

Essential:

• Understanding of the financial services/insurance industry
• Knowledge of project portfolio management methodologies, processes, and controls
• Experience managing delivery across all project phases
• Focus on delivery and detail in overseeing and reporting project outputs
• Strong analytical, problem-solving skills, and proactive mindset
• Ability to multitask, prioritize, and meet deadlines in a fast-paced environment
• Effective communication skills with stakeholders at all levels
• Ability to work independently and collaboratively, open to new approaches
• Proven track record of managing portfolios and programmes successfully
• Exceptional leadership and stakeholder management skills

Desirable:

• Experience in London Insurance Market as Broker or Underwriter
• Project or change management certifications (e.g., AMP, PRINCE2)
• Experience with project management software like Monday.com and financial tools

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Finance and Sales

Industries

• Insurance