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Product Business Analyst - INSIDE IR35

Job Posted: 3 hours ago

Salary: £ 450 - 500 / Day
Job Type: Contract
Location: London

Expire in: a month

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 AnalysisAnalyse existing products to identify:

Duplicate or overlapping products
Variations across jurisdictions
Coverage structure differences
Optional extensions and endorsements
Regulatory-driven variationsSupport the client in distinguishing true product differences from parameter variations.

Product Rationalisation SupportAssist 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 DevelopmentDevelop structured documentation including:

Product definition templates
Coverage structure diagrams
Product comparison matrices
Product rationalisation analysis packs
 Workshop SupportSupport 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 ModelWork with the Guidewire functional architect to ensure product definitions align with:

Guidewire product model structures
Coverage patterns
Rating structures
Rules configurationKey Deliverables

Product Inventory Register
Product Rationalisation Analysis
Product Family Mapping
Product Definition Templates
Workshop Decision LogsRequired 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 skillsKey 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

Before You Apply

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Bank details.
National Insurance number.
Date of birth.

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