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PMO - Insurance


The Insurance PMO is expected to manage the specific project using SAFe methodology. The project management for projects or programmes will consist of activities in relation to planning and monitoring as follows:

  • Definition of programme / project scope and goals
  • Planning support which will cover approach definition, work breakdown, sequencing and milestone definition.
  • Estimation of resource effort and cost budgets
  • Resource planning
  • Identification of project risks and issues
  • Tracking mitigating actions in relation to programme / project risks and issues
  • Identification of dependencies internal to the programme / project and externally to other projects and business areas
  • Support all essential governance activities including working group & steering committee through documentation including meeting minutes and recording of agreed actions.
  • Task allocation across teams and team members
  • Tracking against activity or milestone completion and escalate variance to CLIENT programme / project plan (in accordance with CLIENT’s agreed escalation process)
  • Project status reporting (where required)
  • Support readiness decisions and follow up actions from programme / project tollgate.

Overall

  • Understanding of Insurance industry with Digital Transformation experience 
  • Experience in Operating Model and Service Transformation 
  • Support process digitization projects in agile fashion. 
  • Demonstrated ideation and service finalization with client organizations.
  • Experience in securing and allocation of budgets.
  • Experience in release strategies, delivery and change management.
  • Program governance support.
  • Monitoring performance measures, highlighting issues and driving regular review.
  • Experience in effort and resource management.
  • PMP or PRINCE2 certification

Domain experience needed:

Experience in Insurance is a must.  Should have led / played significant role in end-to-end digital transformation programs in Agile environments.



Experience:

7 to 10 years of experience



Education: 

4-year Degree related to IT

Location:

Hyderabad/Pune

Talworx is an emerging recruitment consultanting and services firm and we are hiring for our client which is a leading Big4 consulting player,

What You Should Know About PMO - Insurance, Talent Worx

Are you ready to make an impact in the world of insurance? Talworx is on the lookout for a talented PMO - Insurance to join a leading Big4 consulting firm. In this exciting role, you will manage specific projects using the recognized SAFe methodology. Your day-to-day will involve defining project scopes and goals, planning support activities, and ensuring the effective engagement of resources. You'll actively assess risks and issues, maintaining a smooth flow of project work while keeping a close eye on timelines and budgets. Your ability to track progress and ensure that all team members are aligned with their tasks will be crucial. With a strong understanding of the insurance industry and hands-on experience in digital transformation, you’re in the perfect position to lead these efforts. You’ll be involved in allocating tasks across teams, monitoring performance measures, and executing governance activities. Showcasing your expertise in managing resources effectively will make a significant difference in delivering successful outcomes for our client. If you have a proven track record in agile environments and possess a PMP or PRINCE2 certification alongside 7 to 10 years of experience, we’d love to hear from you. Join us in this journey where your contributions have the power to influence and transform the insurance landscape!

Frequently Asked Questions (FAQs) for PMO - Insurance Role at Talent Worx
What are the responsibilities of a PMO - Insurance at Talworx?

As a PMO - Insurance at Talworx, your primary responsibilities will include managing project scopes and goals, planning support activities including work breakdown and sequencing, and estimating resource efforts and costs. You will actively identify project risks and track actions to mitigate these risks, ensuring effective communication and reporting of project status. Your role also involves supporting governance activities and task allocation across teams.

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What qualifications are needed for the PMO - Insurance position at Talworx?

To be considered for the PMO - Insurance position at Talworx, you should possess a relevant 4-year degree related to IT. You must have 7 to 10 years of experience in project management, particularly within the insurance industry, and have led or been a key player in digital transformation programs in Agile environments. Certifications like PMP or PRINCE2 will enhance your qualifications.

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What experience is essential for the PMO - Insurance role at Talworx?

Experience in the insurance sector is essential for the PMO - Insurance role at Talworx. You will need to demonstrate a solid understanding of the industry along with substantial experience in digital transformation efforts in agile environments. Proven skills in program governance support, effort management, and resource planning are also crucial components of your experience.

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How does the PMO - Insurance role contribute to project success at Talworx?

The PMO - Insurance role is pivotal at Talworx, as it ensures that project goals are met through effective planning and execution. By managing resources, tracking risks, and maintaining clear communication among stakeholders, you enable seamless project delivery. Your focus on governance and performance monitoring plays a vital role in driving project success.

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What is the expected salary range for a PMO - Insurance at Talworx?

While specific salary ranges can vary based on experience and qualifications, for a PMO - Insurance position at Talworx, candidates can generally expect a competitive compensation package that reflects their level of expertise in project management and the insurance industry.

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Common Interview Questions for PMO - Insurance
Can you describe your experience with project management in the insurance sector?

In your answer, highlight specific projects you've led that showcase your skills in managing resources, defining scoping, and mitigating risks within the insurance industry. Discuss any notable challenges and how you overcame them.

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How do you prioritize tasks and manage time effectively in a pandemic project?

Share your strategies for prioritizing tasks based on urgency and impact. Discuss any tools you use for time management and how you adapt your approach for virtual teamwork to ensure deadlines are consistently met.

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What methodologies do you advocate for project management, and why?

Explain your advocacy for methodologies like SAFe due to its adaptability in agile environments. Discuss how this approach has contributed to the success of your past projects, especially in complex industries like insurance.

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How do you handle conflicts within project teams?

Describe your approach to conflict resolution by providing specific examples. Focus on your communication skills, active listening, and problem-solving techniques that help bring teams back on track toward project goals.

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What tools do you use for project tracking and reporting?

Talk about specific tools you've utilized for tracking project timelines, resources, and reporting, such as JIRA or Microsoft Project. Discuss their effectiveness in enhancing visibility and accountability among team members.

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Can you provide an example of a project risk you identified and how you managed it?

Share a relevant example of a risk you encountered, detailing your analysis, the mitigation strategies you implemented, and the eventual outcome. Focus on the lessons learned and how they have shaped your approach to risk management.

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What strategies do you employ for stakeholder management?

Discuss various stakeholder engagement strategies including regular communication, stakeholder analysis, and feedback mechanisms. Highlight a specific project where these strategies led to successful outcomes.

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How do you ensure adherence to quality standards in project deliverables?

Explain the processes you put in place to monitor quality throughout the project lifecycle, including regular reviews, feedback loops, and collaboration with quality assurance teams. Provide examples of how these practices have positively impacted project results.

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Describe a time you successfully led a digital transformation project.

Detail the scope, challenges, and your leadership approach during a digital transformation project. Emphasize your role in facilitating change and how you engaged team members and stakeholders to embrace new technologies.

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What role does communication play in project management, in your opinion?

Share insights on the crucial role of communication in ensuring project success. Discuss how you keep team members informed and engaged, how you adjust your communication style for different stakeholders, and the impact clear communication has on project outcomes.

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TEAM SIZE
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EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
April 7, 2025

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