Job Description
- In this role, you will require a strong understanding of PIC’s Change Methodology and Programme and Project governance processes to ensure these are followed and to champion change within the business.
- To work with the Programme / Project teams, STO and business support functions to ensure that the Programme / Project are delivered in the right way.
- To apply change governance knowledge to ensure the programmes and projects achieve positive outcomes and contribute to PIC’s overall strategic objectives
- To apply Change knowledge and insights to support STO in the continual improvement of the Business Change processes and procedures.
- Our Company values are expected to be reflected in the delivery and performance of every role.
Specific accountabilities assigned to the role of Project Support Officer within the Change Delivery Function.
- Responsible for managing key monthly portfolio management RAID processes and providing guidance and support to programmes and projects
- Responsible for the change portfolio contractor recruitment process
- Support key portfolio management processes, such as; financial management and resource managemeny
- Producing reports and management information to senior management meetings including PSG, QBR and ExCo
- Providing supporting and guidance to the Change Delivery team in all aspects of portfolio, programme and project level process and procedures
- Supporting the analysis of all portfolio level data providing insight to the health of the portfolio and effectiveness of delivery
- Supporting the STO in the continuous improvement of the Business Change process, procedures and tools
- Supporting the STO in carrying out Programme and Project quality assurance reviews
- Effectively collaborates with Programme and Project teams, STO and other supporting functions (HR, TP&O, DPO, Finance)
- 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 of Change Delivery.
- Keeps informed of industry trends, market developments, regulatory changes in the public and private sectors, as well as best practices related to Change Management by attending industry seminars, reading and sharing relevant published articles.
Requirements
Knowledge
- Good experience of working in a change portfolio office environment.
- Good experience of working across structured Programme, Project and Change environments
- Experience working in a corporate or consulting environment, the majority in insurance industry
- Experience in delivering portfolio management support through running key governance activities such as RAID management, Financial & Benefit Management, Resource Management, Portfolio Reporting etc
- Good understanding of Programme and Project Methodologies; including, Waterfall, Agile and Hybrid delivery methods.
- Established knowledge of key portfolio management processes; including, Resource Management, Financial and Benefit Management, Planning, Risk and Issue Management.
- Established knowledge of data analysis techniques used for analysis of Portfolio, Programme and Project data
- Knowledge of Portfolio Management process
Benefits
- 28 days’ annual leave plus bank holidays
- Pension
- Insurance for Travel, Private Medical, Critical Illness, Life Assurance and Income Protection
- Save As You Earn (SAYE)
- Bonus
- Flexible Working
- Dress for your Day
- Cycle to Work
- Fruit and snacks
- Company events
And more
About PIC:
The purpose of PIC is to pay the pensions of its current and future policyholders.
PIC provides secure and stable retirement incomes through leading customer service, comprehensive risk management and excellence in asset and liability management. At 30 June 2022, PIC had insured 293,400 pension scheme members and had £44.1 billion in financial investments, accumulated through the provision of tailored pension insurance buyouts and buy-ins to the trustees and sponsors of U.K. defined benefit pension schemes. Clients include FTSE 100 companies, multinationals, and the public sector.
PIC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (FRN 454345). For further information please visit www.pensioncorporation.com
In essence, we are a simple business: we take on assets transferred from defined benefit pension schemes through buy-ins and buyouts invest them, and use the cashflows generated from these investments to pay our policyholders’ pensions. PIC operates in the Pension Risk Transfer Market.
Our Culture:
PIC employs highly skilled individuals who all work to deliver a common purpose, supported by a culture of innovation and a strong set of values. Our success in hiring new people is due to our focus on creating a purposeful and stimulating working environment, where individual contributions are recognised within a collaborative, team-based effort.
Work Benefits:
We want our employees to be appropriately rewarded for their outstanding work, and PIC offers competitive remuneration packages and a generous range of benefits.
These include:
- hybrid working model
- competitive pension contributions
- private medical cover
- travel insurance
- season ticket loans
- access to 24/7 mental health support through an employee assistance programme
- a Cycle to Work scheme and a dedicated secure cycle space at our London office
- death in service benefit
- save as You Earn (“SAYE”) scheme. Allows employees to build up blocks of shares in the Company. The scheme is open to all employees on an annual basis
- discretionary family leave enhancements including up to 26 weeks maternity and 4 weeks paternity
Diversity and Inclusion:
Diversity of thought is critical to PIC’s success, helping us to deliver our purpose in an innovative way. PIC demonstrably values individuals regardless of background or experience. It is important for us that our people can discuss cultural and other issues that are important to them in a respectful and engaging way.
PIC has been the lead sponsor for the Actuarial Mentoring Programme for the past five years. The initial aim was to retain female actuaries in the profession, and it now has a wider D&I remit. We also have our own mentoring programme, offering opportunities to people across all professions. Our Aspiring Managers Programme has a target of 50% female participants.
In 2021 we created our own Early Careers Academy, which encompasses the 10,000 Black Interns Programme and our own Apprenticeship Programme. Both these programmes focus on attracting diverse talent.
PIC also partners with LGBT Great, Group for Autism, Insurance, Investment and Neurodiversity (GAIN) and RedStart, which is a charity providing financial education to children from disadvantaged areas.
We joined Women in Banking and Finance to provide our female talent with access to learning, networks, and development opportunities, as well as enabling us to learn from other member organisations on how we can continue to keep improving as an inclusive employer.
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Workplace Initiatives |
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Program for parents returning to work after Parental Leave? |
Yes |
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Leadership development programs? |
Yes |
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Mentoring programs? |
Yes |
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Coaching programs? |
Yes |
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Employee-led diversity networks? |
Yes |
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Internal women’s networking groups? |
Yes |
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Open to discussing flexible work arrangements at interview stage? |
Yes |
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No. of weeks paid maternity leave at full salary: |
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Minimum weeks tenure required to be eligible for paid maternity leave: |
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No. of weeks paid paternity leave at full salary: |
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Minimum tenure required to be eligible for paid paternity leave: |
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Gender pay gap reporting information (2021) (UK): |
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Average pay gap: |
18.4% |
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Median pay gap: |
6.8% |
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Average bonus gap: |
1.1% |
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Median bonus gap: |
23.4% |
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Signatory of the UK Women in Finance Charter? |
N/A |
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Targets to raise the number of women in leadership? |
Yes |
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Targets to raise the number of BAME individuals in leadership? |
N/A |
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Listed in the Bloomberg Diversity & Inclusion Index? |
N/A |