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- Tasks: Manage IT budgets, track spending, and collaborate on financial forecasting.
- Company: Join RSA, a leading insurance provider focused on people and growth.
- Benefits: Enjoy hybrid working, pension contributions up to 11%, and continuous development opportunities.
- Why this job: Be part of a transformative journey in a supportive and dynamic team environment.
- Qualifications: Experience in managing complex budgets, ideally in Financial Services, is essential.
- Other info: This role offers a chance to influence and make a meaningful impact.
The predicted salary is between 43200 - 72000 £ per year.
At RSA, we believe insurance is about people, not things. We provide our inspiring colleagues the support and opportunity to grow together, shape the future, and win as a team. We are going through a transformation journey, providing our people with opportunity to be integral to improving our service and delivering better products to brokers and customers. We are a proud member of the Intact family, we feel part of something bigger, with a presence in North America, the UK and Europe. We have a bold ambition to become the best Commercial Lines business in the UK, demonstrated by our recent acquisition of NIG and Farmweb, allowing us to scale by leveraging our combined financial strength and importantly ensure our people feel the benefits of our joint capabilities.
We are currently recruiting for an IT Cost Optimisation Manager to join our established and experienced Chief Information Office team here at RSA on a hybrid basis.
Role RequirementsAs the Cost Optimisation Manager, you will be responsible for supporting the TCO (Total Cost of Ownership) Senior business manager, managing the CIO TCO budget, financial planning, expenditure tracking and optimisation of spend. You will monitor and report on IT spending, providing detailed analysis and insights to stakeholders. You will also collaborate with IT project managers to forecast financial needs for upcoming projects. You will maintain the approval process of additional run-costs implemented by change projects. You will also have responsibility for budget modelling & Cost Benefit Analysis (CBA) for driven projects. You will collaborate with procurement, finance, portfolio Leads and Service Assurance with the production of costs for tenders and ongoing costs.
The IndividualTo be successful in this role you will have experience in a financially focussed, data-driven role, owning and managing large complex budgets, within a large complex organisation, ideally in Financial Services. You will be commercially astute with demonstrable history of taking accountability of managing large, complex budgets. You will have the ability to influence audiences outside of your direct control, coupled with good skills in relationship and stakeholder management.
What we offer you:At RSA we put our people first. We have adopted hybrid working as standard, to give you a better work/life balance and an excellent flexible working mindset. That is on top of a comprehensive range of benefits, including pension contributions of up to 11% looking after you now, and in the future. We will give you countless opportunities to continuously develop, alongside a diverse and passionate community of experts, the best the industry has to offer. You will be empowered to be your best self, do your best work, and make a meaningful impact. Our employee promise allows you to shape the future, win as a team, and grow with us.
CIO IT Ops - IT Cost Optimisation Manager employer: RSA
Contact Detail:
RSA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land CIO IT Ops - IT Cost Optimisation Manager
✨Tip Number 1
Familiarise yourself with the latest trends in IT cost optimisation and financial management within the insurance sector. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your understanding of the industry's challenges.
✨Tip Number 2
Network with professionals in the financial services and IT sectors, especially those who have experience in budget management and cost optimisation. Attend industry events or webinars to build connections that could provide insights or referrals for the role.
✨Tip Number 3
Prepare to discuss specific examples from your past experiences where you've successfully managed large budgets or implemented cost-saving measures. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.
✨Tip Number 4
Research RSA's recent projects and initiatives, particularly those related to IT and financial management. Being able to reference these in your discussions will show your genuine interest in the company and how you can contribute to their goals.
We think you need these skills to ace CIO IT Ops - IT Cost Optimisation Manager
Some tips for your application 🫡
Understand the Role: Thoroughly read the job description for the CIO IT Ops - IT Cost Optimisation Manager position. Make sure you understand the key responsibilities and required skills, especially around financial management and stakeholder engagement.
Tailor Your CV: Customise your CV to highlight relevant experience in managing large budgets and financial planning. Use specific examples that demonstrate your ability to optimise costs and provide insights into IT spending.
Craft a Compelling Cover Letter: Write a cover letter that connects your background to the role. Emphasise your experience in data-driven financial roles and your ability to influence stakeholders. Show enthusiasm for RSA's mission and how you can contribute to their transformation journey.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects attention to detail, which is crucial for the role you're applying for.
How to prepare for a job interview at RSA
✨Understand the Role Thoroughly
Before your interview, make sure you have a solid grasp of the responsibilities and expectations of the IT Cost Optimisation Manager role. Familiarise yourself with concepts like Total Cost of Ownership (TCO) and Cost Benefit Analysis (CBA), as these will likely be central to your discussions.
✨Showcase Your Financial Acumen
Since this role requires managing large, complex budgets, be prepared to discuss your previous experiences in financial planning and expenditure tracking. Highlight specific examples where you've successfully optimised costs or improved financial processes.
✨Demonstrate Stakeholder Management Skills
The ability to influence and manage relationships is crucial for this position. Prepare examples of how you've effectively collaborated with various stakeholders in past roles, especially in situations where you had to navigate differing priorities.
✨Prepare Questions About Company Culture
RSA emphasises a people-first approach and hybrid working. Prepare thoughtful questions about their company culture, team dynamics, and opportunities for professional development. This shows your genuine interest in being part of their team and aligns with their values.
