Product Analyst - Insurance
Cheadle / £27,000 - £32,000 DOE / Hybrid
Monday - Friday
About the role of Product Analyst
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:
Insurance industry experience (product or underwriting)
Strong Excel skills (formulas, pivot tables, lookups)
Exposure to product governance documentation or reporting
What's on offer for the Product Analyst:
Hybrid working (office‑based in Cheadle )
Training and development budget
20 days holiday + bank holidays (rising to 25 with service) plus birthday off
Pension and wellbeing support
For further information or to apply please contact Mandy at Time Recruitment