Portfolio Manager

Title

Portfolio Manager

Company

Everest Global Services, Inc.

Job Category

Technology

Job Description

About Everest

It’s an exciting time for Everest Group, Ltd. (“Everest”)! As we continue on our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets.

Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Europe, Bermuda, Canada, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people.

Our financial strength is evident in Financial Agency Ratings of: A+ A. M. Best, A+ S&P Global and A1 Moody’s Investor Service. We are a market leader for our broad diversified income streams, strong underlying underwriting performance with reduced volatility and strong cash flow. We take pride in being known in the industry as nimble, entrepreneurial and responsive.

About the role

Who You Are

You are a professional who understands enterprise strategy, planning, business expectations and has been accountable for delivering business capabilities. You have a good understanding of technology operating model inclusive of contemporary and traditional technology delivery models, sourcing, and tooling. You understand positional authority but are capable of leading by influence. You understand leadership and strategy required to modernize delivery methods, include Agile. You can envision success and take ownership of maturing our delivery capability.

Furthermore, you understand execution excellence and can apply levers for delivery velocity against portfolio plans. You are a leader who will create a unified program & project delivery approach through strategic portfolio management levers and ensure outcomes to deliver expected business benefits.

You will ensure that technology is delivering against critical initiatives, some of which have Board level and Executive visibility. Ultimately, you will drive portfolio planning (readiness), approvals and execution, in partnership with stakeholders throughout Everest and across all levels. You will partner and often drive delivery progress and apply problem solving skills with PMO leadership within IT, business and Group.

Ultimately, you will triangulate Everest vision with IT’ strategic objectives and Project Portfolio Planning and Management.

What You’ll Do

You are responsible for executing against IT’ strategic roadmap particularly in terms of planning and execution of investment portfolio. The capital portfolio is growing rapidly, and it will be paramount to establish best practices such that delivery becomes a competitive advantage for the organization. You will help establish and apply PMO standards and best practices to streamline project and program execution. You will be developing a consistent, transparent, and predictive delivery discipline through operational oversight & portfolio reviews. This unique role requires forethought, extreme coordination across all IT and often business leaders, rigorous insight into delivery progress and challenges.

Some of the key components of the role are

Strategy and Governance, inclusive of executive level Investment Management Committee, divisional and program-level Steering CommitteesConducting multi-year and annual planning/budgeting against 5-year strategic roadmap and increasing business alignment to achieve enterprise objectivesPartner with SLT, Business and Group leadership to institute centralized and disciplined Governance structure and approach at the Program, line-of-business and Enterprise levels coupled with quality and consistency of communicationsEstablishing and improving portfolio structure and sharable portfolio management practices, in concert with functional PMO leaders, such as:Resource/Capacity Management - Identify, prioritize, and coordinate resources within and across portfolios to maximize utilizationDemand Management – Institutionalize demand capture, prioritization and approval through line-of-business Governance and readiness processesIT Balanced Scorecard – Data to steer IT and gauge progress against objectivesFinancial Management – Ensure that EST achieves financial objectives in partnership with Finance and Senior Leadership Team (SLT). This requires timely and accurate monthly forecasting, variance analysis and portfolio adjustments.Ensuring timely planning and increasing execution predictability of the portfolio through:Execution monitoring through operating reviews, auditsPortfolio analyses to track velocity against planned effortsProactive mitigation of annual & monthly financial variancesPlanning and coordination of cross-portfolio interdependenciesRisk monitoring and mitigation at the portfolio levelCoaching and intervention to course-correct deliveryDevelop strategic initiative program management capability for large, complex, enterprise-wide initiativesCreate a PMO Community-of-Practice that establishes practice consistency, defines career paths and enables uplifting of PMO competencyInnovate and integrate contemporary delivery practices such as Agile DevOps in line with the strategic roadmapIntegrating and developing tooling to generate predictive and diagnostic portfolio metricsContribute to benefit tracking and realization in partnership with Group and Business PMOsAligning with the Transformation Office on IT’ progress against strategic objectives

A critical success factor for this role will be the ability to institutionalize consistent and disciplined delivery blueprint, governance structure and communications. This role will heavily partner with IT Senior Leadership Team, IT PMO and Delivery leaders, Group PMO, Business PMO leaders and Transformation Office to progress on transformation objectives.

Under this function, IT will also execute operational excellence initiatives targeted to improve IT services and evolve to our target operating model.

Key competencies are

Developing trust-based relationships with IT Senior Leadership Team (SLT)Strategic and critical thinking to ultimately deliver business capabilities at-pace and against increasing scaleLeading and managing through influence and direct authorityOutcome-oriented approach to model behaviors of strong planning, execution and problem-solving across the companyBalance of independence and collaboration to progress against objectivesBusiness knowledge and customer-oriented judgment to drive alignment at governance forumsCreating a culture of continuous improvement for value creation

IT is also striving to manage cross functional, global programs across our businesses while helping to streamline and enhance our current Portfolio, Program and Project Management practices. To that end, as a thought leader, you will help improve portfolio planning process, operational reporting, and metrics for multiple Governance forums across multiple businesses and rolling up to the C-Suite.

Finally, you will partner with SP&E peers and IT application portfolio leaders in enhancing the “running of IT business” across functions such as Vendor Management and Procurement, Financial Management, Talent/Workforce Management. You will assist in establishing and managing to IT performance benchmarks ultimately helping IT innovate and differentiate Everest through technology capabilities.

What You’ll Need

5-10 years of project/ program management experience in the insurance industryInsurance domain subject matter acumen, preferably in multiple areas of the businessaptitude for various technology project approaches and delivery methodologies experience in managing cross-functional teams or projectsability to influence senior level management, peers and key stakeholdersability to drive and manage change with goal of improving operational efficiency and service delivery across IT organizationability to think strategically and execute with practicalityexcellent written and verbal communicationbachelor's degree in business or related disciplineresults oriented and adaptablestrong organization and time management skillsstrong PowerPoint and Excel skills

Type

Regular

Time Type

Full time

Primary Location

Warren, NJ

Additional Locations

Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com.

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