Portfolio Manager

What We Need

This Portfolio Manager will be within the Enterprise Technology (ET) team of BlueCross BlueShield of Massachusetts and will report into our Office of the CIO. The Technology Portfolio Manager will manage the performance of an assigned portfolio within our Corporate Technology Portfolio, with a focus on portfolio governance, strategic planning/alignment, and multi-year portfolio implementation planning.
 

Day-to-Day Responsibilities

Intake /Execution Management:

• Monitor the project intake process for assigned portfolio by evaluating project proposals and validating alignment with Focus Area priorities and target architecture, value proposition, resource availability, and risk/issue assessment and mitigation.

• Monitor the execution of assigned portfolio and identify risk/issue management opportunities , ensuring alignment with the organization’s business strategy and objectives and target architecture.

• Communicate the value delivered on the technology portfolio within the assigned portfolio.

• Define and communicate the vision, objectives, and status of the IT portfolio to key stakeholders, ensuring transparency and accountability.

• Establish portfolio governance structures and processes to monitor the health of projects and drive continuous improvement for assigned portfolio.

• Implement portfolio management methodologies, best practices, and standards across the organization.

• Foster strong partnerships between IT, leadership, and business stakeholders.

• Facilitate quarterly business reviews and revalidate priorities for assigned portfolio.
   

Financial Management:

• Monitor the budget for the IT portfolio projects to ensure that resources are allocated appropriately and in line with organizational priorities.

• Identify opportunities for cost optimization

• Conduct financial risk analysis for assigned portfolio and provide recommendations to mitigate potential financial risks.
   

Resource Management

• Track resource utilization and address any resource gaps or conflicts prior to approval and facilitate resolution for your assigned portfolio.

• Maintain a strong understanding of resource capacity and assignments to ensure project schedules are realistic and achievable.
   

Risk and Issue Management:

• Identify and manage issues/risks related to assigned portfolio, including financial, scheduling, and resource constraints.

• Ensure all reported issues/risks are concise and have defined mitigation plans and strategies.
   

Reporting:

• Provide regular updates and reports on assigned portfolio performance to senior leadership, highlighting execution progress, value outcomes delivered, financial status, and resource allocation.

This document is not an exhaustive list of all responsibilities, skills, duties, requirements, or working conditions associated with the job. Employees may be required to perform other job-related duties.
 

What We're Looking For

• Must have at least 3-5 years previous experience working in technology strategy or delivering IT Projects.

• Professional consultant or project/portfolio management experience, and proven record in delivering business results, overcoming obstacles, and achieving critical milestones.

• Understanding of Healthcare Payer systems and business processes, and external environment

• Aptitude for relationship management across all levels of the organization, and demonstrated experience in maintaining, developing and transforming internal and external relationships at an executive level.

• Effective consensus building and negotiation skills.

• Strong communication and interpersonal skills; A keen sense of collaboration, facilitation, and teamwork

• Experience managing solution architects, engineers, and other technical roles

• Exhibits strategic thinking, analytical and research skills and experience making decisions on deliverable timelines.

• Strong planning, organizational skills, and action-oriented leader, able to effectively solve problems and achieve goals.

• Ability to balance tactical perspective and manage strategic direction.

• Strong presentation and story telling capabilities.  

• Flexibility to work within a changing environment.

• High degree of initiative; Ability to work both independently and within a team.

#LI-Hybrid

High school degree or equivalent required unless otherwise noted above

The job posting range is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting.  We may ultimately pay more or less than the posted range, and the range may be modified in the future.  An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs and affordability.

This job is also eligible for variable pay.

We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and a suite of well-being benefits to eligible employees.

Note:  No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

WHY Blue Cross Blue Shield of MA?

We understand that the confidence gap and imposter syndrome can  prevent  amazing candidates coming our way, so please don’t hesitate to apply. We’d love to hear from you. You might be just what we need for this role or possibly another one at Blue Cross Blue Shield of MA. The more voices we have represented and amplified in our business, the more we will all thrive, contribute, and be brilliant. We encourage you to bring us your true colors, , your perspectives, and your experiences. It’s in our differences that we will remain relentless in our pursuit to transform healthcare for ALL.

As an employer, we are committed to investing in your development and providing the necessary resources to enable your success. Learn how we are dedicated to creating an inclusive and rewarding workplace that promotes excellence and provides opportunities for employees to forge their unique career path by visiting our Company Culture page. If this sounds like something you’d like to be a part of, we’d love to hear from you. You can also join our Talent Community to stay “in the know” on all things Blue.

At Blue Cross Blue Shield of Massachusetts, we believe in wellness and that work/life balance is a key part of associate wellbeing. For more information on how we work and support that work/life balance visit our "How We Work" Page.