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- Tasks: Lead the delivery of a new insurance system and manage project lifecycles.
- Company: Join a leading Lloyd's insurance broker with a dynamic work culture.
- Benefits: Competitive salary up to £90,000, plus standard benefits and a 6-month contract.
- Why this job: Make a real impact in the insurance industry while developing your project management skills.
- Qualifications: Experience in IT project management, ideally within the insurance sector.
- Other info: Opportunity for career growth and to work with innovative technologies.
The predicted salary is between 54000 - 72000 £ per year.
We are currently partnering with a leading registered Lloyd's insurance broker to help recruit for an IT Project Manager to lead the delivery of a new insurance system and decommissioning of the legacy system. This will initially be a 6-month Fixed Term Contract with a maximum salary of up to £90,000 per year plus their standard benefits package.
Key tasks:
- Manage the full project lifecycle (initiation, planning, execution, monitoring, and closure)
- Define project scope, goals, and deliverables that support business objectives
- Develop detailed project plans, schedules, and budgets
- Manage project budgets, forecasts, and resource allocation, ensuring the project remains cost-effective
- Coordinate internal resources and third parties/vendors
- Foster effective communication among stakeholders, ensuring project objectives align with business strategy
- Manage changes to the project scope, schedule, and costs
- Monitor and regularly report on project progress and performance
- Identify, track, mitigate project risks and issues
- Produce high-quality project documentation
- Ensure projects adhere to regulatory and market standards (e.g., FCA, PRA, Lloyd’s of London requirements, GDPR, Solvency II)
- Oversee system integrations, cloud migrations, and vendor management in line with enterprise architecture
- Conduct post-project evaluations to identify areas for improvement
- Work closely with the Head of IT, Business Analyst and other members of the IT team
Skills and competencies:
- Ideally, proven understanding of insurance operations, including policy administration, claims handling, financial reporting, compliance, and risk management
- Experience with project management methodologies (Agile/Scrum, PRINCE2, PMP)
- Experience with Project management software (e.g., Clarity, Jira)
- Strong financial management and project governance skills
- Strategic thinker with the ability to identify challenges and develop solutions through market and customer insight as well as commercial awareness
- Possess strong influencing and collaboration skills, building relationships with stakeholders both internally and through our third parties
- Meeting organization skills (setting meeting agendas and facilitating meetings); ability to proactively plan, organize, and execute meetings to achieve desired outcomes
- Excellent communication skills, enabling you to engage and influence diverse stakeholders, foster collaboration, and articulate product requirements clearly
- Strong problem-solving skills and a proactive approach to identifying and resolving roadblocks
- Ability to manage multiple workstreams within a project
Knowledge and experience desired:
- Professional experience as an IT Project Manager within the Insurance market (London Market, Lloyd’s, Brokers, or General Insurance)
- Strong knowledge of technical product management, including system integrations and configuration management
- Experience of taking complex projects live
- Experience in leading projects through critical test phases, including planning, organizing, and leading the testing phase with QA support
- Skilled in implementing business and process changes, including organising training and introducing new ways of working (incl. agile methodologies)
Qualifications:
- Certification such as PMP (Project Management Professional), PRINCE2, or Certified ScrumMaster (CSM)
- PROSCI or similar Change Management certification
IT Project Manager employer: IDEX Consulting
Contact Detail:
IDEX Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IT Project Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and IT sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by practising common project management scenarios. Think about how you’d handle project scope changes or budget constraints. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Tip Number 3
Showcase your skills with a portfolio! If you’ve led successful projects, gather documentation, reports, and any relevant metrics that highlight your achievements. This will give potential employers a clear picture of what you can bring to the table.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search. Let’s get you that IT Project Manager role!
We think you need these skills to ace IT Project Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the IT Project Manager role. Highlight your experience with project management methodologies like Agile or PRINCE2, and don’t forget to mention any relevant insurance market experience. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Talk about your project management successes and how you’ve tackled challenges in the past. Remember, we love a good story that showcases your skills!
Showcase Your Communication Skills: As an IT Project Manager, communication is key. In your application, make sure to highlight your ability to engage with diverse stakeholders and foster collaboration. We want to know how you’ve effectively communicated project objectives and managed expectations in previous roles.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about StudySmarter and what we stand for!
How to prepare for a job interview at IDEX Consulting
✨Know Your Project Management Methodologies
Make sure you brush up on Agile, Scrum, PRINCE2, and PMP methodologies. Be ready to discuss how you've applied these in past projects, especially in the insurance sector. This will show that you understand the frameworks that can help deliver successful outcomes.
✨Demonstrate Financial Acumen
Since managing budgets is key for this role, prepare examples of how you've effectively managed project finances in the past. Highlight your experience with forecasting and resource allocation to prove you can keep projects cost-effective.
✨Showcase Your Communication Skills
Effective communication is crucial for an IT Project Manager. Think of instances where you've successfully engaged stakeholders or resolved conflicts. Be ready to explain how you ensure everyone is aligned with project objectives and how you facilitate meetings.
✨Prepare for Regulatory Questions
Given the importance of compliance in the insurance industry, be prepared to discuss your knowledge of regulations like FCA, PRA, and GDPR. Share experiences where you've ensured projects adhered to these standards, as it will demonstrate your understanding of the market.
