Product Analyst

Product Analyst

Full-Time 40000 - 50000 £ / year (est.) No home office possible
Great Lakes Insurance SE

At a Glance

  • Tasks: Support and enhance the GLOW platform for efficient lifecycle management in specialty insurance.
  • Company: Join Great Lakes Insurance, a key player in global specialty insurance.
  • Benefits: Competitive salary, diverse work culture, and opportunities for professional growth.
  • Other info: Be part of a diverse team that values innovation and collaboration.
  • Why this job: Make a real impact in a dynamic environment while developing your skills in insurance operations.
  • Qualifications: Strong communication skills and a knack for learning new systems quickly.

The predicted salary is between 40000 - 50000 £ per year.

About Great Lakes Insurance SE: As a specialty provider of primary insurance services in the UK, Great Lakes London Branch ("GLLB") is a substantial part of Great Lakes Insurance SE in Munich. Our interlocked business model is to seize opportunities closely connected to the reinsurance core business and innovation opportunities, in our role as an integral part of the Munich Re Group.

About the role: Join our influential Global Specialty Insurance (GSI) division—a cornerstone of Munich Re’s global strategy—as a Product Analyst for the GSI GLOW Platform. In this pivotal role, you will support the management and enhancement of GLOW, a mission‑critical process orchestration platform that underpins the efficient lifecycle management of delegated authorities across up to nine legal entities within GSI. This platform is essential to maintaining Munich Re’s leadership in specialty insurance by enabling streamlined workflows and robust compliance controls.

As a Product Analyst, you will collaborate closely with the Platform Owner, Product Manager, and key stakeholders to gather detailed requirements, drive strategic platform enhancements, and ensure seamless integration with Munich Re’s enterprise systems. Your work will directly influence the operational excellence and agility of GSI’s business units, empowering them to meet the complex and rapidly evolving demands of global specialty markets. This role presents a unique opportunity to deepen your expertise in process orchestration, project management, and insurance operations while contributing to the ongoing success and innovation of a vital Munich Re platform.

If you are passionate about leveraging data‑driven insights, optimizing processes, and driving collaborative solutions within a leading global insurance environment, we encourage you to join our forward‑thinking team.

Key Responsibilities:

  • Perform the role of product analyst within a global agile project
  • Help shape the platform by setting strategy and roadmap for GLOW alongside the Product Owner and Product Manager
  • Work closely with business users and business analysts to understand requirements and communicate these to the outsourced IT team
  • Sign off on delivered development items from IT
  • Carry out diligent user acceptance testing on behalf of the business users to ensure high‑quality deliverables
  • Act as a conduit between the Business and IT
  • Present new functionality through demonstrations to sponsors and users
  • Work alongside other product managers to create a single platform for delegated business
  • Train colleagues in new functionality in bespoke ways such as presentations, 1:1, and group training sessions
  • Support the production system by answering queries, investigating issues, and raising bugs to IT
  • Support the Quality Assurance team with queries pertaining to deliverables
  • Support the development and implementation of solutions to user queries, issues or bugs
  • Act as a point of contact when the product manager/owner is not available
  • Promote use of the system to business users

Competencies:

  • Nimble learning (we think big) – you actively learn by tackling new problems and trying out new solutions, quickly learning from both successes and failures
  • Collaborates (we lead the ‘we’) – you work together with others in your team, the department and wider business (where relevant) to meet shared commitments
  • Optimises work processes (we grow with our clients) – you know the most effective and efficient processes to get things done and are constantly assessing how they can be improved
  • Resourcefulness (we care and dare) – you find a way to get things done with the best use of the resources available to you, knowing when to ask for support from others, but also offering your support to others where you feel your expertise, knowledge and skills can add value
  • Communicates effectively (we are clear and authentic) – you communicate clearly and appropriately with your audience. You also share ideas, learn from others and keep stakeholders informed about progress, problems, opportunities and solutions, soliciting feedback along the way

Key Skills & Experience:

Essential

  • Strong communication and interpersonal skills
  • Ability to learn and understand new systems and processes quickly
  • Basic understanding of IT principles and software development methodologies
  • Strong organizational and time‑management skills
  • Ability to work effectively in a team environment
  • Data literacy skills
  • Lateral thinking skills
  • Ability to work flexibly in order to respond to project demands
  • Strong sense of self‑direction and willingness to proactively highlight problems

Desirable

  • Basic knowledge of agile project methodologies
  • Familiarity with data analysis and management principles
  • Experience with testing and quality assurance procedures
  • Previous experience working in agile software development projects as a product analyst, delivery manager, business analyst or similar
  • Familiarity with Excel
  • Basic knowledge of SQL

Desired Qualifications and Educational Background:

Previous experience working in agile software development projects as a product analyst, delivery manager, business analyst or similar.

Regulatory & Conduct Requirements:

  • Liaising with all relevant regulatory bodies in the UK, creating a highly credible reputation and strong, collaborative relationship
  • Ensuring compliance with Munich Re’s Code of Conduct and the FCA Conduct Rules

Mission and Values:

At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi‑dimensional, intersectional, and complex, and we are committed to building an equitable and inclusive work environment that celebrates and values diverse backgrounds and perspectives.

Product Analyst employer: Great Lakes Insurance SE

Great Lakes Insurance SE is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. As part of the Munich Re Group, employees benefit from extensive growth opportunities, a commitment to diversity and inclusion, and a culture that encourages continuous learning and development. Join us to be at the forefront of specialty insurance, where your contributions directly impact our success and the evolution of the industry.
Great Lakes Insurance SE

Contact Detail:

Great Lakes Insurance SE Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Product Analyst

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching the company and its products. Understand their mission and values, especially how they relate to the role of a Product Analyst. This will help you tailor your answers and show you're genuinely interested.

✨Tip Number 3

Practice your problem-solving skills! As a Product Analyst, you'll need to think on your feet. Try mock interviews with friends or use online resources to simulate real interview scenarios.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Product Analyst

Product Analysis
Agile Project Methodologies
Communication Skills
Interpersonal Skills
Data Literacy
Organizational Skills
Time Management
Lateral Thinking
User Acceptance Testing
Quality Assurance
Software Development Principles
Excel
SQL
Process Optimization
Stakeholder Engagement

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Product Analyst role. Highlight relevant experience and skills that align with the job description, especially around data analysis and agile methodologies. We want to see how you can contribute to our GLOW platform!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a great fit. Don’t forget to mention your understanding of insurance operations and process optimisation.

Showcase Your Communication Skills: As a Product Analyst, strong communication is key. In your application, demonstrate how you've effectively communicated with stakeholders in the past. We love seeing examples of collaboration and clear communication!

Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people. Good luck!

How to prepare for a job interview at Great Lakes Insurance SE

✨Know Your Product Inside Out

Before the interview, make sure you understand the GLOW platform and its significance within the Global Specialty Insurance division. Familiarise yourself with how it integrates with other systems and the key functionalities it offers. This will help you speak confidently about how you can contribute to its enhancement.

✨Showcase Your Communication Skills

As a Product Analyst, you'll need to communicate effectively with various stakeholders. Prepare examples of how you've successfully collaborated with teams in the past. Think about times when you had to explain complex concepts clearly or mediate between different departments.

✨Demonstrate Your Problem-Solving Abilities

Be ready to discuss specific challenges you've faced in previous roles and how you approached solving them. Highlight your resourcefulness and ability to think laterally, as these are crucial for optimising processes and driving collaborative solutions.

✨Prepare for Agile Methodology Questions

Since familiarity with agile project methodologies is desirable, brush up on your knowledge of agile principles. Be prepared to discuss any experience you have working in agile environments, and how you’ve contributed to projects in those settings.

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