Insurance Product Configurator | London

We are looking for a team member to support the configuration, testing, and maintenance of insurance products within Verisk Rulebook / Sequel Rulebook. This is a hands-on implementation role suitable for candidates with strong analytical ability, good Excel skills, basic XML/structured configuration knowledge, and experience in configuration on insurance products. The role will involve working with Lead Configurators, Business Analysts, Underwriters, Actuarial teams, Testers, and IT teams to configure rating logic, product rules, validations, and workflow components. The candidate does not need to be an insurance expert from day one, but must be willing to learn specialty insurance concepts, pricing models, underwriting rules, and London Market ways of working.

Key Responsibilities

• Rulebook Configuration Support
  • Assist in configuring insurance product rules, rating factors, validation logic, and workflow screens within Rulebook.
  • Support conversion of Excel-based pricing models into Rulebook configuration components under guidance from senior team members.
  • Configure and update rating tables, dropdown values, business rules, page layouts, page links, and basic calculation logic.
  • Support maintenance of existing Rulebook products, including minor changes, fixes, and enhancements.
  • Follow configuration standards, naming conventions, and documentation templates.
• Business and Domain Analysis
  • Review source documents such as pricing spreadsheets, underwriting guides, product specifications, and configuration notes.
  • Help break down business rules into structured configuration requirements.
  • Document configuration changes, assumptions, dependencies, and test results.
  • Maintain traceability between requirements, configuration, and test cases.
  • Escalate unclear rules, missing data, or inconsistencies to Lead Configurators or Business Analysts.
• Testing and Validation
  • Execute unit testing and scenario testing for configured rules.
  • Compare Rulebook outputs against expected results from Excel pricing models.
  • Support regression testing after rule or product changes.
  • Log defects clearly with screenshots, test data, expected results, and actual results.
  • Support UAT by preparing test data and explaining configuration behaviour where required.
• Stakeholder Interaction
  • Participate in requirement walkthroughs, configuration reviews, and defect discussions.
  • Communicate clearly with internal teams and business SMEs.
  • Provide concise updates on assigned configuration tasks.
  • Ask relevant questions to understand business intent and avoid incorrect configuration.

Required

• Relevant experience in insurance technology, with experience in insurance product configuration, software configuration, business analysis, testing, or rules implementation.
• Exposure to Verisk Rulebook / Sequel Rulebook is desirable but not mandatory for the roles.
• Good Excel skills: formulas, lookup tables, calculation flows, structured data.
• Basic knowledge of XML or any structured markup/configuration language is preferred.
• Prior exposure to insurance, P&C, specialty insurance, or London Market is desirable.
• Candidates from testing, business analysis, configuration support, or technical support backgrounds may be suitable if they have strong analytical skills.

Good to have

• Exposure to any rules engine, rating engine, product configurator, or low-code/no-code platform.
• Basic SQL or data query knowledge.
• Understanding of JSON, APIs, or data mapping.
• Experience in insurance testing, product configuration, or policy administration systems.
• Familiarity with test cases, defect logging, and regression testing.

Personal

• High analytical skills
• A high degree of initiative and flexibility
• High customer orientation
• High quality awareness
• Excellent verbal and written communication skills