Our experience

Insurance

Life insurance

  • Industry: Life insurance
  • Client: International insurance company
  • Team size: 30
  • Labor intensity: n / a
  • Role in the project: PMO Manager
  • Number of suppliers: n / a
  • Duration: 18 months
Interim PMO Manager

Due to the reorganization of the IT and PMO functions of one of our clients we have had the pleasure of providing Interim Management as a PMO Manager. Our main objectives were to reorganize the entire PMO function, reorganize the IT release process, and to manage the PMO team consisting of Project Managers, Business Analysts and System Administrators.

The main challenges of the project were:

  • Mistrust towards changes.

  • High dynamics of portfolio changes.

  • Exchange of key executives in the organization.

Life insurance

  • Industry: Life insurance

  • Client: International insurance company

  • Team size: 30+

  • Labor intensity: 1000+ MD

  • Role in the project: Project Manager

  • Number of suppliers: 0

Optimization of the month closing process and reporting in the finance area

One of our clients in the insurance industry has entrusted us with optimizing the closure and financial reporting processes.

The main challenges of the project were:

  • An extensive scope covering financial, actuarial, controlling, HR and commissioning issues.

  • Mapping out and optimizing one of the most complex processes in our client's company.

  • Optimization implementation in the IT systems and delivery of new tools that were lacking.

  • Limited access to human resources due to exceptionally high demand created by other projects and linear actions.

  • Problems with data quality and its completeness as well as high distrust of users towards data quality and applications.

Life insurance

  • Industry: Life insurance

  • Client: Large insurance company

  • Team size: 40+

  • Labor intensity: 2000+ MD

  • Role in the project: Project Manager

  • Number of suppliers: 3

Implementation of the functional and process structure for servicing insurance products UL

One of the insurance companies decided to launch a new line of life insurance products with insurance investment funds. In addition, these products were to be based on actuarial funding methodology.

The main challenges of the project were:

  • A completely new investment methodology,

  • a large number of simultaneous projects,

  • very large changes in IT systems, including in the investment module,

  • sophisticated IT architecture requiring extensive integration of all systems.

Life insurance

  • Industry: Life insurance

  • Client: Large insurance company

  • Team size: 60+

  • Labor intensity: 2000+ MD

  • Role in the project: Project Manager

  • Number of suppliers: 3

Rescue and successfully complete the implementation of a new product for a large insurance company.

One of the insurance companies has had a problem with their key project. Its purpose was to implement and launch a new product. The project was heavily delayed and the company was in conflict with the main supplier.

The main challenges of the project were:

  • Normalizing the relationships with the suppliers,

  • determining the remaining scope,

  • establishing the acceptance criteria and clarifying the requirements,

  • motivating the team to continue working,

  • the need for improving communication in the project.

 
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