Product Business Analyst - INSIDE IR35
other jobs Red King Resourcing
Added before 2 hours
- England,London,City of London
- Full Time, Contract
- £450 - £500 per day
Job Description:
Full job description
Role Objective
Support the client’s Product Rationalisation workstream by analysing and structuring existing insurance products across the European business to create a simplified, system-ready product model for Guidewire PolicyCenter.
The role focuses on product structure analysis, product documentation, and alignment with forms and system configuration requirements.
Key Responsibilities
*Product Inventory Creation
*Identify and catalogue all in-scope European products across classes.
*Gather product documentation including:
*Product definitions
*Coverage structures
*Rating sheets
*Underwriting guidelines
*Policy forms
*Create a structured product inventory register.
* Product Structure Analysis
Analyse existing products to identify:
*Duplicate or overlapping products
*Variations across jurisdictions
*Coverage structure differences
*Optional extensions and endorsements
*Regulatory-driven variations
Support the client in distinguishing true product differences from parameter variations.
* Product Rationalisation Support
Assist the client, Product Owner, and client BAs in:
*Grouping products into product families
*Defining core products and variants
*Identifying opportunities for standardisation
*Reducing unnecessary product proliferation
* Product Documentation & Artefact Development
Develop structured documentation including:
*Product definition templates
*Coverage structure diagrams
*Product comparison matrices
*Product rationalisation analysis packs
* Workshop Support
Support product rationalisation workshops by:
*Preparing analysis materials
*Documenting decisions and action items
*Maintaining rationalisation trackers
*Preparing decision summaries for Product Owner review.
* Alignment with Guidewire Product Model
Work with the Guidewire functional architect to ensure product definitions align with:
*Guidewire product model structures
*Coverage patterns
*Rating structures
*Rules configuration
Key Deliverables
*Product Inventory Register
*Product Rationalisation Analysis
*Product Family Mapping
*Product Definition Templates
*Workshop Decision Logs
Required Experience
*10+ years experience as a Business Analyst in London Market insurance
*Experience analysing insurance products or product documentation
*Strong analytical and documentation skills
*Experience working with underwriting or product development teams
*Desired Skills
*Exposure to Guidewire implementations
*Specialty insurance product understanding
*Ability to analyse complex product variations
*Strong Excel and data structuring capability
*Workshop support and stakeholder coordination skills
Key Responsibilities
*Facilitate workshops with underwriters, underwriting assistants, operations teams, product owners, and SMEs across London Market specialty lines
*Define end-to-end underwriting and policy administration journeys including:
*Submission intake
*Quote
*Referral
*Bind
*Endorsements / MTAs
*Renewals
*Cancellation
*Reinstatement
*Mid-term servicing
*Broker interactions
*Document production
*Bordereaux / delegated authority touchpoints
*Produce:
*L1/L2/L3 process maps
*User journeys
*Swimlane workflows
*Pain point analysis
*Functional requirements
*Epics/features/user stories
*Required Experience
*10+ years as a Business Analyst within London Market insurance
*Strong understanding of specialty/commercial insurance operations
*Experience documenting underwriting and policy servicing processes to L2/L3 detail
*Previous involvement in PAS transformations or Guidewire programmes
*Understanding of Lloyd’s and company market operating models
Working Model
*2-3 days per week onsite in London
*Remaining days remote
Role Objective
Support the client’s Product Rationalisation workstream by analysing and structuring existing insurance products across the European business to create a simplified, system-ready product model for Guidewire PolicyCenter.
The role focuses on product structure analysis, product documentation, and alignment with forms and system configuration requirements.
Key Responsibilities
*Product Inventory Creation
*Identify and catalogue all in-scope European products across classes.
*Gather product documentation including:
*Product definitions
*Coverage structures
*Rating sheets
*Underwriting guidelines
*Policy forms
*Create a structured product inventory register.
* Product Structure Analysis
Analyse existing products to identify:
*Duplicate or overlapping products
*Variations across jurisdictions
*Coverage structure differences
*Optional extensions and endorsements
*Regulatory-driven variations
Support the client in distinguishing true product differences from parameter variations.
* Product Rationalisation Support
Assist the client, Product Owner, and client BAs in:
*Grouping products into product families
*Defining core products and variants
*Identifying opportunities for standardisation
*Reducing unnecessary product proliferation
* Product Documentation & Artefact Development
Develop structured documentation including:
*Product definition templates
*Coverage structure diagrams
*Product comparison matrices
*Product rationalisation analysis packs
* Workshop Support
Support product rationalisation workshops by:
*Preparing analysis materials
*Documenting decisions and action items
*Maintaining rationalisation trackers
*Preparing decision summaries for Product Owner review.
* Alignment with Guidewire Product Model
Work with the Guidewire functional architect to ensure product definitions align with:
*Guidewire product model structures
*Coverage patterns
*Rating structures
*Rules configuration
Key Deliverables
*Product Inventory Register
*Product Rationalisation Analysis
*Product Family Mapping
*Product Definition Templates
*Workshop Decision Logs
Required Experience
*10+ years experience as a Business Analyst in London Market insurance
*Experience analysing insurance products or product documentation
*Strong analytical and documentation skills
*Experience working with underwriting or product development teams
*Desired Skills
*Exposure to Guidewire implementations
*Specialty insurance product understanding
*Ability to analyse complex product variations
*Strong Excel and data structuring capability
*Workshop support and stakeholder coordination skills
Key Responsibilities
*Facilitate workshops with underwriters, underwriting assistants, operations teams, product owners, and SMEs across London Market specialty lines
*Define end-to-end underwriting and policy administration journeys including:
*Submission intake
*Quote
*Referral
*Bind
*Endorsements / MTAs
*Renewals
*Cancellation
*Reinstatement
*Mid-term servicing
*Broker interactions
*Document production
*Bordereaux / delegated authority touchpoints
*Produce:
*L1/L2/L3 process maps
*User journeys
*Swimlane workflows
*Pain point analysis
*Functional requirements
*Epics/features/user stories
*Required Experience
*10+ years as a Business Analyst within London Market insurance
*Strong understanding of specialty/commercial insurance operations
*Experience documenting underwriting and policy servicing processes to L2/L3 detail
*Previous involvement in PAS transformations or Guidewire programmes
*Understanding of Lloyd’s and company market operating models
Working Model
*2-3 days per week onsite in London
*Remaining days remote
Job number 3833026
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