Portfolio Strategy & Value Lead

The Portfolio Strategy and Value Lead is responsible for shaping and implementing a Value and Benefits framework that drives strategic decision making across a complex change and transformation portfolio. The leadership role oversees a team Portfolio Performance Managers that are aligned to/embedded within Value Streams or Hub Portfolios and closely partners with central Finance to drive change excellence.

You'll work closely with senior stakeholders, PMO, Finance, change functions, and delivery teams to embed an OKR Management framework, whilst driving maximum portfolio value and return on investment for a large and complex portfolio of change. This role combines strategic thinking, value management, and people leadership to ensure maximum portfolio value, strategic alignment, across a hybrid portfolio environment.

What You'll Do

Strategy & Planning

• Define and implement a portfolio value management strategy that supports executive decision-making, benefits realisation, and enterprise-level planning.
• Management of strategic planning cycles across change portfolios to ensure financial investment decisions support long-term business strategy, risk appetite and align to future business/customer needs.
• Assist with annual budgeting and planning activity.
• Championing the shift to Lean Portfolio Management to drive strategic alignment, faster value delivery, and smarter investment decisions.

Value & Benefits Management

• Develop and support the evolution of a benefits realisation framework by partnering with our central Finance team.
• Create and manage an enterprise portfolio benefit map against investment, programme delivery, interdependencies, and realisation plans.
• Development of business cases and benefit validation to support transformation, strategic initiatives and to support fast-paced business responses to emerging threats and opportunities.
• Identifies and drives prioritisation of projects/initiatives within the portfolio to maximise the overall value generated on overall portfolio investment

Leadership & Management

• Leads, coaches and motivates a team of Portfolio Performance Managers that are aligned and embedded into Value Streams or hub Portfolios.
• Build capability and consistency of value management across the business by coaching, supporting and bringing our colleagues on the journey.
• Partner with senior leaders and delivery teams to drive alignment of strategy to execution.

Performance & Reporting

• Ensure the portfolio's projects and initiatives are aligned with the organisation's strategic goals and objectives (OKRs).
• Tracks the performance of the portfolio against key performance indicators (KPIs) and makes adjustments as needed.
• Develop and maintain dashboards, reports, and OKR frameworks to track performance, risk, and delivery outcomes.

Governance & Risk

• Identifies, records and supports mitigation of enterprise-level portfolio risks.
• Monitor and maintain financial records to agreed requirements for compliance and audit.
• Support the Portfolio with continuous improvement of all governance and processes, removing duplication and waste and identifying opportunities to introduce lean principles.

Why Join Us

Join us at a pivotal moment of transformation as we redefine how change is delivered across the enterprise. As the Portfolio Strategy & Value Lead, you'll play a central role in shaping the future of our change portfolio - driving excellence, enabling leadership decision-making, championing innovation, and maturity in how we manage and deliver strategic initiatives.

This is more than a leadership role - it's an opportunity to be a catalyst for smarter, faster, and more impactful change. If you're passionate about empowering teams, driving portfolio value and optimisation, we'd love to have you on the journey.

What You'll Bring

We're looking for a forward-thinking leader who can connect the dots between our data, people, and strategy. Specifically, we're looking for someone with:

• Experience with strategic portfolio management or relevant experience, ideally within Insurance/Financial Services, technology functions and working with C-level executives.
• Detailed understanding of financial & strategy planning.
• Leading SAFe (Scaled Agile Framework) / Lean Portfolio Management (LPM) qualification.
• Comprehensive knowledge and understanding of PMO methodologies, tools, and best practices. Supported by Management of Portfolios (MOP) / P30 or Similar qualification.
• A demonstrable record of benefits identification, monitoring, management and realisation across a large portfolio of change.
• Execution of strategic planning and maximising of portfolio value.
• Sound knowledge and understanding of the infrastructure technology landscape and industry.
• Excellent Communication, organisation & presentation skills.
• Experience of developing and enhancing team strategies that are focused on benefit, value and maximising resources.
• Strong commercial knowledge.

Interview Process

2 Stage Interview via Microsoft Teams.

Location

This is a remote role with a requirement to attend our Cardiff office once a quarter.

Admiral: Where You Can

We take pride in being a diverse and inclusive business. It's a place where you can Be You, and show up as you are. We're committed to fostering a people-first culture where everyone is accepted, supported, and empowered to be brilliant. You can, Grow And Progress at a pace and direction that suits you, Make A Difference for our customers and each other, and Share in Our Future with all colleagues eligible for up to £3,600 of free shares each year after one year of service.

Everyone receives 33 days holiday (including bank holidays) when they join us, increasing the longer you stay with us, up to a maximum of 38 days (including bank holidays). You also have the option to buy or sell up to an additional five days of annual leave.

We're proud of our people-first culture. In fact, we've been recognised as a Great Place to Work for Women, a Great Place to Work for Wellbeing, and an overall Great Place to Work for over 25 years! We're fully committed to making sure your progression is not slowed or halted by barriers related to race, gender, age, sexuality or any of the protected characteristics.

Our fantastic benefits make sure our colleagues have a great work-life balance; You can view some of our other key benefits here .