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- Tasks: Analyse insurance products, ensuring quality and positive customer outcomes.
- Company: Dynamic insurance firm with a focus on innovation and teamwork.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: Collaborative environment with exposure to various business areas.
- Why this job: Join a hands-on role that impacts product quality and customer satisfaction.
- Qualifications: Strong analytical skills and attention to detail required.
The predicted salary is between 27000 - 32000 £ per year.
We're seeking a Product Analyst to support the oversight and performance of a general insurance product portfolio, ensuring products deliver fair value and positive customer outcomes.
The role focuses on product quality assurance and governance, including reviewing data, documentation and product changes for accuracy, consistency and value. You'll work closely with internal teams and external distribution partners, identifying issues, supporting improvements and maintaining strong working relationships. This is a hands-on, analytical role offering exposure across multiple areas of the business, ideal for someone detail-oriented, confident with data and comfortable engaging with stakeholders.
Key responsibilities for the Product Analyst include:
- Review and monitor product performance, identifying trends, risks and improvement opportunities
- Conduct audits of distribution partners (site visits and remote reviews)
- Produce audit reports, track actions and ensure timely resolution
- Support product governance, including policy wordings, IPIDs, TMS and customer journeys
- Complete and maintain Fair Value Assessments (FVA)
- Attend Product Oversight & Governance (JPOG) meetings and present findings
- Support product enhancements, documentation accuracy and regulatory compliance
- Build strong relationships with intermediaries and partners
What we're looking for:
Essential:
- Strong analytical and problem-solving skills
- High attention to detail and accuracy
- Confident communicator, written and verbal
- Self-motivated with good planning and prioritisation skills
- Comfortable using Microsoft 365
Desirable:
Product Analyst employer: Time Recruitment Solutions Ltd
Contact Detail:
Time Recruitment Solutions Ltd 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 insurance industry, especially those who work as Product Analysts. A casual chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your analytical skills. Be ready to discuss how you've used data to drive decisions in past roles. We want to see that you can spot trends and suggest improvements!
✨Tip Number 3
Show off your attention to detail! During interviews, share examples of how you've ensured accuracy in your work. This is key for a Product Analyst role, so make it shine!
✨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
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Product Analyst role. Highlight your analytical skills and any experience with data review or product governance. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the insurance sector and how you can contribute to our team. Keep it concise but engaging – we love a good story!
Showcase Your Attention to Detail: Since this role requires a high level of accuracy, make sure your application is free from typos and errors. We appreciate candidates who take the time to double-check their work – it shows you care!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about us!
How to prepare for a job interview at Time Recruitment Solutions Ltd
✨Know Your Numbers
As a Product Analyst, you'll be dealing with data all the time. Brush up on your analytical skills and be ready to discuss how you've used data to identify trends or solve problems in the past. Bring examples of your work that showcase your attention to detail and ability to derive insights from data.
✨Understand the Product Landscape
Familiarise yourself with the general insurance product portfolio and current market trends. This will not only help you answer questions more effectively but also show your genuine interest in the role. Be prepared to discuss how you would approach product quality assurance and governance.
✨Practice Your Communication Skills
Since the role involves engaging with stakeholders and presenting findings, practice articulating your thoughts clearly and confidently. You might even want to prepare a mock presentation on a relevant topic to demonstrate your communication prowess during the interview.
✨Build Rapport with Interviewers
Remember, building strong relationships is key in this role. Approach the interview as a conversation rather than an interrogation. Ask insightful questions about the team dynamics and how they collaborate with external partners, showing that you're keen on fostering those relationships.