At a Glance
- Tasks: Support insurance product performance, conduct audits, and ensure quality assurance.
- Company: Acasta Europe, a growing insurance services provider with a focus on innovation.
- Benefits: Hybrid working, training budget, wellbeing support, and generous holiday allowance.
- Other info: Dynamic role with opportunities for growth and development in a supportive environment.
- Why this job: Gain hands-on experience in product management and make a real impact in the insurance industry.
- Qualifications: Strong analytical skills, attention to detail, and relevant experience in insurance.
The predicted salary is between 25650 - 31350 £ per year.
We’re looking for a Junior Product Analyst to support the oversight and performance of our insurance product portfolio, ensuring products deliver fair value and good customer outcomes.
The role focuses on quality assurance across product and underwriting activity, including reviewing data, documentation and product changes to ensure they are accurate, consistent and provide value.
This will involve working with internal teams and external partners to identify issues, challenge inconsistencies, and support improvements.
You will also work closely with distribution partners, including attending meetings and site visits to conduct audits, review processes and maintain effective working relationships.
This is a hands‑on role with exposure to multiple areas of the business, requiring strong attention to detail and a willingness to take ownership of tasks.
This role would suit someone who is comfortable working with data, able to spot issues and ask questions, and confident engaging with stakeholders both internally and externally.
About Acasta Europe
Acasta Europe is an insurance services provider responsible for the development and management of general insurance products.
The company works exclusively with Acasta European Insurance Company Limited, supporting the delivery and performance of its product portfolio.
The business focuses on bringing insurance products to market through distribution partners, including warranty providers, motor‑related schemes and other add‑on insurance products.
This includes setting up new schemes, onboarding partners, and monitoring product performance over time to ensure they remain commercially viable and operate within agreed parameters.
The role would assist with these activities, supporting day‑to‑day product management and partner interaction.
The company is currently going through a period of change and growth, with a focus on improving processes, increasing consistency across the portfolio, and building a stable platform for future development.
- What you’ll do
- Review and monitor product performance across the portfolio, identifying trends, risks and areas for improvement, and translating these into clear actions.
- Conduct external audits of distribution partners, including site visits and remote reviews, assessing processes, customer outcomes and regulatory compliance.
- Produce audit reports, set out findings and actions, and track partner progress to ensure timely resolution and continuous improvement.
- Lead and support product governance activities, including the creation and review of:
- Policy wordings
- Insurance Product Information Documents (IPIDs)
- Target Market Statements (TMS)
- Conduct and maintain Fair Value Assessments (FVA), ensuring products deliver good customer outcomes and represent fair value.
- Communicate key findings, risks and recommendations to internal stakeholders, senior management and board‑level committees.
- Work closely with external partners through JPOG (Product Oversight & Governance) meetings, presenting performance, challenging where appropriate, and agreeing improvement actions.
- Support the development and ongoing enhancement of products, ensuring consistency, clarity and alignment with regulatory expectations.
- Liaise with intermediaries and partners on a regular basis, maintaining strong working relationships while providing appropriate challenge and oversight.
- Ensure all product documentation and processes remain accurate, consistent and compliant, identifying and addressing any gaps or inconsistencies.
- Help scope, design and implement product changes, contributing to product development discussions.
- Assist with user
- What you’ll bring
- Strong analytical skills and a rational approach to solving problems with data.
- Excellent attention to detail and a high standard of accuracy.
- Clear written and verbal communication, with confidence working across teams and with external partners.
- Ability to plan, prioritise and work using your own initiative.
- Relevant experience in the insurance industry (ideally within underwriting or product).
- Experience supporting product governance or documentation (e. g., product wordings, IPIDs, target market and value assessments).
- Exposure to performance reporting and presenting insights to brokers and stakeholders.
What we offer
- Hybrid working (office‑based in Cheadle Hulme with flexibility to work from home).
- Training budget to support your learning and development.
- Employee Assistance Programme (EAP) and wellbeing support.
- 20 days holiday plus bank holidays (increase with service, 1 day a year to a maximum of 25 days) and a day for your birthday.
- Pension contribution.
- Working pattern
Full‑time: Monday–Friday.
This is a hybrid role with regular time in our Cheadle Hulme office, plus occasional out‑of‑office visits to meet intermediaries and external partners.
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Junior Product Analyst in Cheadle Hulme employer: Acasta Europe Limited
Acasta Europe is an excellent employer for a Junior Product Analyst, offering a dynamic work environment in Cheadle Hulme that fosters professional growth and development. With a strong focus on employee wellbeing, hybrid working options, and a commitment to continuous improvement, Acasta provides the perfect platform for individuals looking to make a meaningful impact in the insurance industry while enjoying a supportive and collaborative culture.
StudySmarter Expert Advice🤫
We think this is how you could land Junior Product Analyst in Cheadle Hulme
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Acasta Europe Limited). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Acasta Europe Limited. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Junior Product Analyst in Cheadle Hulme
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Acasta Europe Limited.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Acasta Europe Limited. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Acasta Europe Limited
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Acasta Europe Limited to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Acasta Europe Limited, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Acasta Europe Limited's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.