Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support the team with insurance product insights and competitor analysis.
- Company: Join a dynamic financial services company focused on innovation and customer satisfaction.
- Benefits: Enjoy a competitive salary, private medical insurance, and free onsite parking.
- Why this job: Be part of a collaborative culture that values your input and drives impactful projects.
- Qualifications: Strong knowledge of insurance products and experience in research and analysis required.
- Other info: Monday to Friday role with 25 days holiday plus bank holidays.
The predicted salary is between 28000 - 35000 £ per year.
Salary: £32k-£35k
Monday to Friday 9am-5pm
25 days plus bank holidays
Private medical insurance
Free parking onsite
Lloyd Recruitment Services is pleased to be working with a financial services company in search of an Insurance Policy Executive to join their team.
Purpose of Job: To provide product, technical, and processing support in respect of financial services related to insurance policies. This role involves conducting detailed research into competitor activities and member feedback, enabling the creation of insightful findings, analysis, and actionable recommendations. Additionally, the role includes supporting the development of new insurance products and contributing to the successful delivery of projects.
Key Tasks:
- Provide technical product support to the team and Contact Centre
- Respond to queries
- Support the Technical Product Manager, conducting reviews of competitors and products
- Present comprehensive findings in an understandable format
- Identify gaps in knowledge, products, or processes through query management and member feedback tracking
- Report findings with recommendations and ensure agreed actions are tracked to completion
- Provide administrative support for products and Product Managers
- Managing action logs
- Collate and analyse information, and report on the performance of products
- Analyse trends and make recommendations
- Support the creation of insurance policy documentation
- Ensure processes, procedures, and guides for the team are documented
Essential Skills & Experience Required:
- Strong knowledge of financial services products, particularly insurance policies
- Experience conducting competitor and customer research
- Ability to analyse information and integrate data
- Experience managing customer service queries
- Documenting processes and procedures, maintaining good governance and controls
- Good knowledge of FCA compliance
- Proficient use of Google Suite
Unfortunately, due to high numbers of applications, we are only able to respond to shortlisted applicants. If you have not heard from us within 5 days, please assume that you have not been shortlisted on this occasion.
By applying for this vacancy, you accept Lloyd Recruitment Services Privacy and GDPR Policy, which can be found on our website and therefore gives us consent to contact you.
Lloyd Recruitment Services are acting as a recruitment agency in relation to this vacancy and are an equal opportunities employer.
Product Executive employer: Lloyd Recruitment Services Ltd
Contact Detail:
Lloyd Recruitment Services Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Executive
✨Tip Number 1
Familiarise yourself with the latest trends in the insurance industry. Understanding current market dynamics and competitor offerings will not only help you in interviews but also demonstrate your proactive approach to the role.
✨Tip Number 2
Network with professionals in the financial services sector, especially those involved in insurance. Engaging in conversations can provide valuable insights and may even lead to referrals that could boost your application.
✨Tip Number 3
Prepare to discuss specific examples of how you've conducted research or analysed data in previous roles. Being able to articulate your experience with competitor analysis and customer feedback will set you apart from other candidates.
✨Tip Number 4
Showcase your knowledge of FCA compliance during the interview process. Being well-versed in regulatory requirements will highlight your suitability for the role and reassure employers of your capability to maintain good governance.
We think you need these skills to ace Product Executive
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the key responsibilities and skills required for the Product Executive position. Tailor your application to highlight how your experience aligns with these requirements.
Highlight Relevant Experience: Emphasise your knowledge of financial services, particularly insurance policies. Provide specific examples of your experience conducting competitor research and analysing customer feedback in your CV and cover letter.
Showcase Analytical Skills: Demonstrate your ability to analyse information and integrate data by including examples of past projects where you identified gaps or made recommendations based on your findings.
Professional Presentation: Ensure your CV and cover letter are well-structured and free from errors. Use clear headings and bullet points to make your application easy to read, and maintain a professional tone throughout.
How to prepare for a job interview at Lloyd Recruitment Services Ltd
✨Know Your Products
Make sure you have a solid understanding of the insurance products relevant to the role. Be prepared to discuss how these products work and any recent changes in the market that could affect them.
✨Research Competitors
Conduct thorough research on competitors' offerings. Be ready to share insights during the interview about what you’ve found and how it could inform the company’s strategy.
✨Demonstrate Analytical Skills
Prepare examples that showcase your ability to analyse data and draw actionable conclusions. This could involve discussing past experiences where your analysis led to improvements or new initiatives.
✨Showcase Communication Skills
Since the role involves presenting findings, practice explaining complex information in a clear and concise manner. You might be asked to present a mock report, so clarity is key!
