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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 working, and opportunities for professional growth.
- Other info: Great career progression in a supportive and collaborative environment.
- Why this job: Join a hands-on role that impacts product quality and customer satisfaction.
- Qualifications: Detail-oriented with strong analytical skills and stakeholder engagement experience.
The predicted salary is between 27000 - 32000 £ per year.
We're seeking an Insurance 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 insurance 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 Insurance 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)
Insurance Operations employer: Time Recruitment
Contact Detail:
Time Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Operations
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry on LinkedIn or at local events. We can’t stress enough how valuable personal connections can be in landing that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its products. We recommend jotting down key points about their portfolio and thinking of questions to ask. This shows you’re genuinely interested and ready to engage!
✨Tip Number 3
Practice your analytical skills! Since the role is detail-oriented, we suggest brushing up on data analysis techniques. You could even do mock interviews with friends to get comfortable discussing your findings.
✨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 take the initiative to connect directly with us.
We think you need these skills to ace Insurance Operations
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Insurance Operations role. Highlight relevant experience and skills that match the job description, especially your analytical abilities and attention to detail.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about insurance and how your background makes you a great fit for the team. Don’t forget to mention any specific experiences that relate to product quality assurance.
Showcase Your Analytical Skills: Since this role is all about data and analysis, be sure to include examples of how you've successfully used data in previous roles. Whether it's identifying trends or conducting audits, we want to see your analytical prowess!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Time Recruitment
✨Know Your Numbers
As an Insurance 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 improve product performance in the past. Bring examples that showcase your attention to detail!
✨Understand the Product Landscape
Familiarise yourself with the general insurance products relevant to the role. Research the company’s portfolio and be prepared to discuss how you can contribute to ensuring fair value and positive customer outcomes. Showing that you’ve done your homework will impress the interviewers!
✨Engage with Stakeholders
This role involves working closely with internal teams and external partners. Think of examples where you've successfully collaborated with different stakeholders. Be ready to share how you maintain strong working relationships and resolve conflicts when they arise.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations, like conducting audits or managing product changes. Practice articulating your thought process clearly and logically. This will demonstrate your problem-solving skills and your ability to think on your feet!