Head of Strategy and Planning

3 weeks ago

Riyadh, Ar Riyāḑ, Saudi Arabia Amana Cooperative Full time

Direct message the job poster from Amana Cooperative Insurance

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Job Summary:

The Head of Strategy and Planning is responsible for driving the strategic direction and overseeing the execution of key projects and initiatives across the organization. This role combines strategic planning, business transformation, and project management to ensure alignment between corporate objectives and the successful delivery of business projects. The Head of Strategy and Planning will work closely with senior leadership, managing and executing both the strategy development process and the governance of major projects to achieve the company's growth, operational, and financial goals in the dynamic insurance industry.

Key Responsibilities:

  1. Strategic Planning and Development:
    • Participate in the creation and execution of the company's strategic roadmap, ensuring alignment with business goals and market trends within the insurance sector.
    • Analyze the market landscape to identify opportunities for growth, new product development, competitive advantage, and customer-centric innovations.
    • Collaborate with the executive team to define the organization's strategic priorities, ensuring alignment across all business functions.
    • Develop and maintain long-term strategic plans and business forecasts that support organizational objectives.
  2. PMO Leadership and Governance:
    • Oversee the Project Management Office (PMO) to ensure the efficient delivery of projects and programs aligned with the company's strategy.
    • Establish and maintain standardized project management processes, methodologies, and tools to enhance project performance and ensure consistency across the organization.
    • Monitor project timelines, budgets, and resources, providing regular reporting to senior leadership on project progress, risks, and issues.
    • Ensure that all major initiatives are appropriately resourced and executed according to agreed-upon goals, timelines, and quality standards.
    • Manage and prioritize a portfolio of high-impact projects, balancing strategic objectives with resource allocation and capacity.
    • Ensure that all projects and initiatives are aligned with business goals and have clear, measurable outcomes.
    • Monitor the portfolio's performance, identify potential risks, and take corrective actions to ensure successful project delivery.
    • Collaborate with cross-functional teams to ensure alignment between business functions, ensuring all projects are meeting key milestones.
  3. Collaboration and Stakeholder Management:
    • Work closely with senior management, including business unit leaders, to align project initiatives with organizational strategy and priorities.
    • Establish strong relationships with stakeholders across the organization to ensure clear communication, buy-in, and support for strategic and project initiatives.
    • Lead steering committee meetings to review project progress, financials, and resource needs, ensuring timely decision-making.
    • Communicate strategy and project updates effectively to internal and external stakeholders, providing transparency and insights into progress and outcomes.
  4. Risk Management and Problem-Solving:
    • Identify potential risks to both strategic initiatives and projects, developing mitigation strategies to minimize negative impacts on business objectives.
    • Act as a problem solver by proactively addressing challenges and resolving conflicts that may hinder project success or the achievement of strategic goals.
    • Lead post-project reviews to assess performance, identify lessons learned, and incorporate improvements for future initiatives.
  5. Financial Management and Resource Allocation:
    • Develop and manage budgets for strategic initiatives and projects, ensuring efficient use of resources.
    • Track and report on project financials, ensuring that projects are delivered within budget and provide value to the business.
    • Collaborate with financial teams to ensure alignment of project funding with business strategy and financial goals.
  6. Change Management and Organizational Transformation:
    • Support organizational transformation initiatives, leveraging project management expertise to drive change across the business.
    • Foster a culture of innovation and continuous improvement, ensuring that change is embraced across the organization.
    • Develop and implement change management strategies to ensure the successful adoption of new processes, systems, or business models.
  7. Leadership and Team Development:
    • Lead and mentor a high-performing strategy and Planning team, ensuring effective collaboration, performance, and professional development.
    • Build and maintain a strong project management community within the organization, providing training and support for project managers.

Promote a collaborative, results-oriented culture and provide guidance to team members to achieve both short-term and long-term goals.

Education: Bachelor's degree in Business Administration, Finance, Insurance, Project Management, or a related field. MBA or equivalent advanced degree is a plus.

Certifications: PMP (Project Management Professional) certification, Agile, or equivalent project management certifications are highly desirable.

Experience: 7 years of experience in strategic planning, project management, or business transformation. At least 5 years in leadership roles within the insurance or financial services industry.

Technical/Behavioral Skills

Technical

  • Strong understanding of the insurance industry, including regulatory environment, market trends, and business processes.
  • Proven experience in leading large-scale strategic projects and initiatives across diverse functional areas.
  • Expertise in project management methodologies, including Agile, Waterfall, or hybrid approaches.
  • Strong financial acumen, with experience in budget management and cost control for projects.
  • Excellent leadership, communication, and interpersonal skills, with the ability to influence and drive collaboration at all levels.

Behavioral

  • Strategic thinker with the ability to balance long-term goals with short-term execution.
  • Strong problem-solving skills and a proactive approach to managing risks and resolving issues.
  • High emotional intelligence, with the ability to manage relationships, guide teams, and build trust across all levels of the organization.
  • Strong results orientation with a focus on achieving measurable business outcomes.
  • Resilient, adaptable, and capable of managing multiple competing priorities in a fast-paced, dynamic environment.
Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Insurance

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