Head of Transformation and Portfolio Management

3 weeks ago

London, Greater London, United Kingdom Munich Re Specialty Group Full time

At Munich Re Specialty Group (MRSG), we value individuality and intellectual curiosity as essential components of our success and innovation. Our commitment to fostering a diverse range of perspectives and backgrounds empowers all employees to make a meaningful impact, driving us to perform at our highest potential and maintain a competitive advantage. We recognize that there is always more to achieve, and we are dedicated to cultivating a robust and inclusive culture where everyone is welcomed and appreciated for their unique self-identity.

About Us

MRSG is a proud member of the Munich RE group, renowned for our unwavering commitment to excellence and high-quality service delivery across both primary and reinsurance sectors.

Operating within the Lloyd's of London market, we leverage a global network of service companies with offices in various regions, including the UK, Ireland, the United States, Asia, and more.

Our diverse group of companies offers comprehensive solutions across Casualty, Marine & Cargo, Aerospace, Cyber, Political Violence, Trade Credit, Property, Contingency, and Yacht sectors. Our mission is to empower our clients and employees with the confidence and freedom to explore, innovate, and grow – enabling individuals and businesses to thrive.

Role Overview

As the Portfolio & Transformation Management Office Lead, you will provide essential services and capabilities to the Head of Change and the Change Team, facilitating the successful delivery of transformation initiatives and aligning the Munich Re Specialty Global Markets (MRS-GM) change portfolio with company strategy, regulatory requirements, and desired outcomes.

Your collaboration with the Head of Change will ensure that C-level executives and internal stakeholders receive the necessary insights regarding the portfolio, supported by relevant data and information to inform prioritization decisions.

We seek an innovative and creative leader who can demonstrate genuine value beyond traditional PMO functions and establish a strategic vision for the Portfolio & Transformation Management Office.

Key Responsibilities

  • Maintain the portfolio prioritization framework, collaborating closely with the Head of Change and business stakeholders to ensure alignment with business priorities and articulate impacts of any necessary shifts in focus.
  • Partner with the Change Leadership team to ensure the integrated roadmap and transition phases of the transformation are equipped with the appropriate inputs.
  • Ensure effective governance processes are in place, with timely creation and distribution of materials for Change Committee, Portfolio SteerCo, Budget & Governance meetings.
  • Proactively generate reports that illustrate the health of the portfolio, employing creative methods for data analysis and presentation.
  • Work alongside the PMO team to create, maintain, and update relevant slide decks and data sets for monthly meetings, including Executive SteerCo and Portfolio Governance overview.
  • Engage actively with the Change team, supporting core project activities throughout the project lifecycle, including governance setup, project understanding, planning, resource management, and RAID management.
  • Provide early-phase inputs to ensure Programme/Project Managers are well-informed about project frameworks and governance requirements.
  • Oversee the maintenance of a central view of required and projected expenditures through engagement with business functions.
  • Regularly report on budget forecasts and identify effective fund utilization strategies.
  • Align with Programme and Project Managers on processes for managing project-specific budgets, ensuring full transparency.
  • Collaborate with IT PMO and Portfolio Management to present a holistic view of overall Change and transformation expenditures for MRS-GM.

Knowledge and Skills

  • Experience in managing a Portfolio Management Office for large-scale transformation programs/projects.
  • Strong attention to detail with a focus on accuracy and data quality.
  • Results-oriented, self-motivated, adaptable, and enthusiastic.
  • Proven ability to build relationships and manage stakeholders effectively, providing sound advice, constructive challenges, and insightful data.
  • Exceptional presentation skills, both in creation and delivery.
  • A positive attitude is valued more than formal qualifications, though PMO certifications are advantageous.

Your Career with Us
At MRSG, you will discover the flexibility, development opportunities, and support necessary to advance your career, complemented by a competitive salary and a benefits package that promotes well-being and work-life balance, including a non-contributory pension, private medical care, life assurance, and more.

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