Strategic Portfolio Manager, Technology Strategy & Transformation
Liberty Mutual InsuranceAbout the role
Description
Overview:
Liberty Mutual is in search of a seasoned Strategic Portfolio Manager to join our Global Risk Solutions (GRS) Technology Strategy & Transformation team. This pivotal role involves steering our organization towards achieving its strategic objectives by optimizing portfolio management practices and ensuring effective governance of our technology initiatives. The Strategic Portfolio Manager will align technology efforts with business goals, drive continuous improvement, and enable consistent practices across the organization. This role provides a unique opportunity to lead and influence Liberty Mutual’s technology strategy within GRS, ensuring alignment with business objectives while enhancing organizational efficiency. As a key leader, you will play a critical role in shaping a future-ready technology strategy that positions Liberty Mutual for sustained success.
Key Responsibilities
1. Strategic Portfolio Management (SPM) and Planning:
- Alignment and Execution: Lead technology alignment to domain level quarterly and annual planning process to ensure technology initiatives are strategically aligned and effectively executed.
- Resource and Investment Prioritization: Guide resource allocation and investment prioritization based on strategic importance and potential return on investment.
- Risk and Opportunity Assessment: Conduct risk assessments and identify opportunities for portfolio optimization, ensuring proactive management of potential issues.
2. Executive Reporting:
- Actionable Insights: Analyze data to generate actionable insights and strategic recommendations for stakeholders.
- Stakeholder Communication: Facilitate consistent and effective communication with stakeholders to support informed strategic discussions and decisions.
- Tell the story: Represent the successes and challenges of the domain, in partnership with a senior technology leader, to keep executives informed.
3. Team and Workforce Management:
- Talent Strategy and Development: Lead domain-level team and talent management activities, including capacity planning, workforce development, and succession planning.
- Culture and Engagement: Foster a culture of excellence, collaboration, and continuous improvement within the team.
4. Process Improvement and Collaboration:
- Continuous Process Enhancement: Collaborate with the Business Agility team to identify and implement process improvements in portfolio management practices.
- Community of Practice: Participate in a Community of Practice (CoP) among Portfolio Managers to share best practices and foster a culture of learning.
- Feedback and Adaptation: Conduct retrospectives to gather feedback and adapt governance processes, ensuring agility and responsiveness.
Additional Categories
1. Change Management:
- Change Strategy Development: Design and implement change management strategies to ensure smooth transitions and successful adoption of new processes or initiatives in the Domains.
- Stakeholder Engagement: Work closely with stakeholders to understand their needs, address concerns, and ensure alignment with change initiatives.
- Domain Leadership Support: Align senior leaders and directors on the path ahead, opportunities, and required activities
2. Performance Measurement and Metrics:
- Define Success Metrics: Establish key performance indicators (KPIs) to measure the success and impact of portfolio management activities.
- Regular Performance Reviews: Conduct regular reviews of portfolio performance against KPIs, adjusting strategies as needed to achieve desired outcomes.
3. Technology Innovation:
- Emerging Technologies: Stay abreast of emerging technologies and industry trends to identify opportunities for innovation and competitive advantage.
- Technology Advocacy: Advocate for the adoption of new technologies or tools that can enhance portfolio management practices and outcomes.
Qualifications
- Program / Portfolio Management Experience: Minimum of five (5) years in project or portfolio management, program management, or enterprise-level governance roles.
- Strategic and Analytical Acumen: Demonstrated strategic thinking, analytical, and problem-solving skills, with a proven track record of driving business growth through effective portfolio management.
- Communication Excellence: Strong verbal and written communication skills for effective interaction with senior cross-functional stakeholders.
- Proficiency in SPM Tools: Experience with Strategic Portfolio Management tools like Shibumi, Planview, and ServiceNow, with the ability to leverage these too
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