Product Business Analyst (P&C Insurance)

TL;DR

Product Business Analyst (P&C Insurance): Leading elicitation, analysis, and documentation of insurance product and process requirements from stakeholders with an accent on product hierarchy, coverages, terms, and availability rules. Focus on rationalizing current products to a future set, translating definitions to Policy Administration systems, and ensuring adherence to business architecture standards.

Location: London (onsite, full-time)

Company

Leading global reinsurance and insurance provider operating for nearly 50 years across Europe, Bermuda, Canada, Singapore, US, Latin America, and other territories.

What you will do

• Lead elicitation, analysis, and documentation of insurance product and process requirements from Product Management, Underwriting, Actuarial, Operations, and Compliance.
• Develop clear product specifications according to Business Architecture standards.
• Lead product design, organizing insurance product hierarchy including coverages, terms (limits, deductibles), and availability rules.
• Analyze and rationalize current insurance products to define a future product set.
• Collaborate with technology team to map product definitions to Policy Administration system models.
• Participate in Agile processes and contribute to large technology implementations.

Requirements

• Bachelor's degree in Business, Finance, IT, or related field
• 6+ years experience with complex P&C commercial lines products (GL, Property, Excess Casualty, Auto, Work Comp)
• Strong understanding of ISO, NCCI, state regulations, rating/pricing, and insurance product processes
• Experience in business analysis, requirements documentation, and high-quality artifact delivery
• Advanced analytical skills for translating requirements into product architecture
• Agile methodology experience and large technology implementations
• Experience with commercial Policy Administration Systems (Guidewire, Duck Creek, Policy Decisions)
• Strong communication, influence, and multi-disciplinary team collaboration

Culture & Benefits

• Unified values: Talent, Thoughtful assumption of risk, Execution, Efficiency, Humility, Leadership, Collaboration, Inclusion and Belonging.
• Colleague behaviors: Respect everyone, Pursue better, Lead by example, Own outcomes, Win together.
• Inclusive workplace encouraging applications even if not perfect fit.
• Focus on long-term value through underwriting excellence and risk management.