Product Business Analyst - INSIDE IR35

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