Portfolio, Programme & Change Manager

Pacific Asset Management, LLC; Greater London; On-site; GBP 90,000 - 130,000; Full time

Benefits offered by this job

Leave: 25 days

Private medical insurance

Group life insurance

Retirement plan

Wellness & volunteering

Job summary

Pacific Life Re is seeking a Portfolio, Programme & Change Manager to establish and run an enterprise-wide portfolio management capability within the Business Change function. You will align initiatives to strategic priorities and enable executive leadership with data-driven investment decisions.

Reporting to the VP, Business Change, you will develop the Project Portfolio pipeline for one or more Lines of Business, delivering governance, evaluation and prioritisation based on business value,

Qualifications

• 10+ years of hands-on portfolio / transformation leadership within Financial Services or Insurance.
• MoP, P3O and enterprise PMO models knowledge and experience.
• Strong investment prioritisation, business case evaluation and portfolio analytics.
• Delivery methodologies: Agile, Waterfall, Hybrid.

Responsibilities

• Establish and run an enterprise portfolio management capability across the Change function.
• Develop and manage the portfolio pipeline, ensuring alignment to strategic objectives and value outcomes.
• Provide governance, reporting and prioritisation of initiatives based on capacity, risk and business value.
• Maintain a single integrated view of the change portfolio with transparency for ExCo and committees.
• Strengthen governance, visibility of delivery status, risks, and interdependencies across the organisation.

Skills

Strategic portfolio management

Stakeholder management

Leadership

Portfolio governance

Data-driven decision making

Education

PMO framework certification

Tools

Planview

Clarity

Power BI

Job description

Job TitlePortfolio, Programme & Change ManagerJob DescriptionRole OverviewThe Portfolio Lead is accountable for establishing and running a mature, enterprise-wide portfolio management capability within the Pacific Life Re’s Business Change function, understanding how initiatives align to strategic priorities and ensuring they are delivered effectively. Within the Pacific Life Re’s Business Change function this role will enable the Executive Committee and senior leadership, to make data driven, prioritised, and strategically aligned investment decisions.Reporting to the VP, Business Change, the role leads the development of the Project Portfolio pipeline for one or more Lines of Business or DBS (Divisional Business Services) Functions, delivering integrated portfolio insight, governance, evaluation and prioritisation of projects based on business value, organizational capacity, and risk.This role is critical in the evolution of the Business Change function within PL Re to a fully integrated, insight-led portfolio model.Stakeholder Engagement & Business PartneringAct as a trusted advisor to various divisional leadership and senior stakeholders and CommitteesDrive alignment across often competing priorities (LoBs, DBS Functions, Technology)Build strong relationships across Change, Finance, Strategy, Risk, and TechnologyProvide clear, concise updates to leadership teamsPlanning & Capacity Management:Implement integrated planning processes across strategy, budgets, and delivery, ensuring pipeline demand is clearly communicated and agreedChallenge and shape demand to ensure alignment with business prioritiesManage the intake, assessment, and prioritisation of change demandPortfolio Strategy & Operating ModelTranslate business strategy into a coherent and prioritised change pipelines, ensuring all initiatives are clearly linked to strategic objectives and value outcomesEstablish a clear portfolio taxonomy, definitions (e.g. BAU vs strategic change), and consistent lifecycle frameworkSupport investment planning, business case development, and funding decisionsAlign portfolio processes with Finance, Strategy, Technology, Risk and other enabling functionsEnterprise Portfolio Oversight & InsightManage and prioritise a portfolio of change initiatives aligned to business strategyCreate and maintain a single integrated view of the change portfolio (strategic initiatives, regulatory, BAU change)Portfolio Governance:Help redefine the governance framework(s) for prioritizing, sequencing, and occasionally pausing change initiatives based on capacity and combined business impact – with clear alignment with other Executive Committees.Strengthen governance to ensure transparency, auditability and alignment to strategyEnsure clear visibility of delivery status, risks, issues, and interdependenciesDeliver forward-looking portfolio insights including:Delivery health and performanceStrategic alignmentCapacity and resource constraintsInterdependencies and risk hotspotsDrive consistency in delivery standards, methodologies, and documentationShift leadership conversations from project reporting portfolio decision-makingBuild Organisational CapabilityUpskill the Business Change function and Business areas in portfolio thinking and disciplinesEmbed consistent standards, tools, and ways of workingContinuous improvement: find ways to make Change more effectiveSkills & Experience10+ years of hands-on experience in portfolio / transformation / change leadership within;Insurance (Life, Reinsurance preferred), orFinancial Services (Banking, Asset Management)Proven track record of establishing or maturing Portfolio / Transformation Offices (PMO++, EPMO, Portfolio Office)Deep expertise and qualifications in:Portfolio management frameworks (e.g. MoP, P3O, enterprise PMO models)Investment prioritisation and business case evaluationPortfolio analytics, reporting, and tools (e.g. Planview, Clarity, Power BI)Strong understanding of delivery methodologies (Agile, Waterfall, Hybrid)Competencies and Behaviours:Strong Leadership Skills Including:Strong strategic thinking with ability to connect portfolio to business outcomesExceptional stakeholder management and influencing at ExCo levelAbility to challenge constructively and facilitate difficult trade-off decisionsHigh credibility, resilience, and enterprise leadership presenceData-driven mindset with ability to translate analysis into insightCommercial awareness and value focus, with the ability to understand how change initiatives drive the right commercial outcomes and returns on investmentWorking For Pacific Life ReEvery person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.Benefits (Only for Permanent and Fixed Term Employees)Leave25 days of annual leave with option to buy/sell more daysAdoption and fertility leaveGenerous enhanced parental leaveHealthcareComprehensive private insurance coverage for employee and dependentsGroup Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salaryOptical benefitsSavings & Retirement15% combined employee/employer contributionsWellnessSubsidized gym membershipAccess to Employee Assistance ProgramCycle to Work and Electric Car Salary Sacrifice SchemeTime off for volunteeringCharitable matching of employee donationsYou Can Be Who You AreWe are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.Pacific Life Re ValuesPlease click here to view our company values