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- Tasks: Manage and deliver transition projects while improving processes and stakeholder relationships.
- Company: Join Pension Insurance Corporation, a leader in secure retirement incomes.
- Benefits: Enjoy competitive salary, private medical insurance, 28 days leave, and a generous pension scheme.
- Why this job: Make a real impact on clients' transitions and enhance your project management skills.
- Qualifications: Experience in project management and budget management is essential.
- Other info: Part-time role with excellent career growth opportunities in a supportive environment.
The predicted salary is between 36000 - 60000 £ per year.
Pension Insurance Corporation (“PIC”) provides secure retirement incomes through comprehensive risk management and excellence in asset and liability management, as well as exceptional customer service. Our purpose is to pay the pensions of our current and future policyholders. We achieve our purpose by setting Company-wide strategic objectives and driving a healthy culture based on our PIC Values of Resilient, Adaptable, and Loyal.
PIC is recruiting for a Programme Management Officer (PMO) to join its Transitions team on a part time basis (3 day working week). The Transitions team within the Origination function plays a critical role in the management and delivery of transition projects. This involves delivering efficient project management processes, standards, and governance frameworks to reduce cost, mitigate risks and drive value across the Company.
In this role, you will engage and develop strong working relationships with stakeholders at all levels to ensure key internal departments (Operations, Origination, Finance, Finance Actuarial, IT, LRM, Information management, Legal and Risk) to ensure that transition processes continue to develop, and adhere to developing requirements for PIC onboarding new clients into the business. You will partner with the Transition Managers to deliver strong business outcomes relating to systems, processes, and technology improvements and automisation.
Specific accountabilities assigned to the role of Programme Management Officer (PMO):
- Design and develop transition procedures (internally and externally) to ensure PIC’s processes continue to improve in efficiency, enhance delivery to clients and provide Key Performance Indicators and management information across the Company to measure success.
- Effectively monitor the financial performance of the team. Supporting budget planning, tracking, and forecasting, Analyse financial data to identify issues, trends and opportunities for improved cost control and efficiency.
- Develop a regular cadence of communication, both in written and verbal format, on Transition activities, risk levels, and incidents that can be easily transferred into management information packs for circulation to senior management and Executive Committee meetings.
- Effectively collaborate with the teams across PIC to develop and implement risk mitigation strategies and controls, such as transition project governance frameworks which safeguard against potential disruptions and adverse impacts on operations.
- Monitor and report on the status of transition projects, including conducting project governance reviews and incident reporting, to support timely delivery within scope, budget, and quality standards.
- Partner with Transition Managers to set up processes for on-boarding new business applying lessons learned and process and procedure enhancements/automisation as appropriate
- Takes ownership for their own learning and development in both technical (e.g. data analysis and critical judgement) and non-technical (self-insight and relationship management) skills relevant to the Transitions department.
- Keeps informed of industry trends, market developments, regulatory changes in insurance/financial services as well as best practices relating to the Transition lifecycle by sourcing and attending industry seminars, reading and sharing relevant published articles.
Experience:
- Recognised qualification and/or strong employment record in project management/portfolio management
- Experience in budget management, and performance reporting.
- Experience in developing effective monitoring and quality control processes relating to transition projects would be an advantage
- Proven track record of implementing processes and procedures designed to assess and mitigate risks with a financial services and/or regulated environment, preferably insurance
- Demonstrable experience of working collaboratively with associated teams and stakeholders.
Knowledge:
- Established knowledge of project management methodologies, tools and software
- Established knowledge of managing projects against financial, legal and regulatory frameworks
- Strong knowledge of relevant regulatory requirements and legal obligations relating to financial services or regulated environment
- Strong knowledge of financial data analysis and reporting within financial services, pension schemes would be an advantage
- Knowledge of risk management frameworks to assess and mitigate risks associated with project management, programme reporting and budgeting
Skills:
- Strong project management skills
- Strong organisational skills
- Excellent negotiation and strong communication skills
- Ability to persuade and influence both directly and indirectly, to manage resources effectively
- Ability to organise work to meet deadlines and to work within defined procedures as recommended by functional teams
- Commercial judgement and an analytical mindset with the ability to analyse data and make informed decisions.
- Good working knowledge of MS Access, MS PowerPoint, MS Word, Power BI
In addition to a competitive base salary and the opportunity to participate in our annual, performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you will get access to some great benefits, including private medical insurance, 28 days\’ annual leave (excluding bank holidays), a generous pension scheme and much more.
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Programme Management Officer employer: Pension Corporation
Contact Detail:
Pension Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Programme Management Officer
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work at Pension Insurance Corporation or similar companies. A friendly chat can open doors and give you insider info on the role.
✨Tip Number 2
Prepare for the interview by researching PIC’s values and recent projects. Show us how your skills align with our mission of providing secure retirement incomes and how you can contribute to our Transitions team.
✨Tip Number 3
Practice your communication skills! As a PMO, you'll need to engage with various stakeholders. Mock interviews with friends can help you articulate your thoughts clearly and confidently.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re genuinely interested in joining our team at PIC.
We think you need these skills to ace Programme Management Officer
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in project management and financial analysis. We want to see how your skills align with our needs at PIC, so don’t hold back on showcasing your relevant achievements!
Showcase Your Communication Skills: Since the role involves engaging with various stakeholders, it’s crucial to demonstrate your strong communication abilities. Use clear and concise language in your application to reflect how you can effectively convey information and collaborate with teams.
Highlight Your Analytical Mindset: We’re looking for someone with a knack for data analysis and problem-solving. Be sure to include examples of how you've used these skills in past roles, especially in relation to budget management or risk mitigation strategies.
Apply Through Our Website: We encourage you to submit your application through our website for a smoother process. It’s the best way for us to receive your details and ensure you’re considered for the Programme Management Officer position!
How to prepare for a job interview at Pension Corporation
✨Know Your Project Management Methodologies
Familiarise yourself with various project management methodologies, especially those relevant to the financial services sector. Be ready to discuss how you've applied these methodologies in past roles, particularly in managing transition projects.
✨Demonstrate Financial Acumen
Since the role involves budget management and financial performance monitoring, brush up on your financial analysis skills. Prepare examples of how you've successfully tracked budgets or identified cost-saving opportunities in previous positions.
✨Build Strong Stakeholder Relationships
Think about how you can showcase your ability to engage with stakeholders at all levels. Prepare anecdotes that highlight your collaboration skills and how you've effectively communicated project updates or risk assessments in the past.
✨Stay Updated on Industry Trends
Research current trends and regulatory changes in the insurance and financial services sectors. Being knowledgeable about industry developments will not only impress your interviewers but also demonstrate your commitment to continuous learning and improvement.
