Junior Product Analyst

Acasta Europe Limited; Cheadle Hulme; Hybrid; GBP 28,000 - 35,000; Full time

Benefits offered by this job

Training budget

Employee Assistance Programme

20 days holiday plus bank holidays

Job summary

Acasta Europe Limited is seeking a Junior Product Analyst to support the oversight of their insurance product portfolio in Cheadle Hulme. The role involves quality assurance, monitoring product performance, conducting audits, and maintaining relationships with distribution partners. Candidates should have strong analytical skills, attention to detail, and relevant insurance industry experience. Benefits include hybrid working, a training budget, and 20 days holiday which increases with service. This is a full-time role with occasional out-of-office visits.

Qualifications

• Strong analytical skills and a rational approach to solving problems with data.
• Excellent attention to detail and a high standard of accuracy.
• Clear written and verbal communication, with confidence working across teams and with external partners.

Responsibilities

• Review and monitor product performance across the portfolio, identifying trends, risks and areas for improvement.
• Conduct external audits of distribution partners, assessing processes, customer outcomes and regulatory compliance.
• Produce audit reports, set out findings and actions, and track partner progress.

Skills

Strong analytical skills

Excellent attention to detail

Clear communication

Ability to plan and prioritize

Relevant experience in the insurance industry

Education

Relevant experience in the insurance industry (ideally within underwriting or product)

Job description

We’re looking for a Junior Product Analyst to support the oversight and performance of our insurance product portfolio, ensuring products deliver fair value and good customer outcomes.
The role focuses on quality assurance across product and underwriting activity, including reviewing data, documentation and product changes to ensure they are accurate, consistent and provide value. This will involve working with internal teams and external partners to identify issues, challenge inconsistencies, and support improvements.
You will also work closely with distribution partners, including attending meetings and site visits to conduct audits, review processes and maintain effective working relationships.
This is a hands‑on role with exposure to multiple areas of the business, requiring strong attention to detail and a willingness to take ownership of tasks. This role would suit someone who is comfortable working with data, able to spot issues and ask questions, and confident engaging with stakeholders both internally and externally.

About Acasta Europe

Acasta Europe is an insurance services provider responsible for the development and management of general insurance products. The company works exclusively with Acasta European Insurance Company Limited, supporting the delivery and performance of its product portfolio.
The business focuses on bringing insurance products to market through distribution partners, including warranty providers, motor‑related schemes and other add‑on insurance products. This includes setting up new schemes, onboarding partners, and monitoring product performance over time to ensure they remain commercially viable and operate within agreed parameters. The role would assist with these activities, supporting day‑to‑day product management and partner interaction.
The company is currently going through a period of change and growth, with a focus on improving processes, increasing consistency across the portfolio, and building a stable platform for future development.

What you’ll do

• Review and monitor product performance across the portfolio, identifying trends, risks and areas for improvement, and translating these into clear actions.
• Conduct external audits of distribution partners, including site visits and remote reviews, assessing processes, customer outcomes and regulatory compliance.
• Produce audit reports, set out findings and actions, and track partner progress to ensure timely resolution and continuous improvement.
• Lead and support product governance activities, including the creation and review of:
• Policy wordings
• Insurance Product Information Documents (IPIDs)
• Target Market Statements (TMS)
• Conduct and maintain Fair Value Assessments (FVA), ensuring products deliver good customer outcomes and represent fair value.
• Communicate key findings, risks and recommendations to internal stakeholders, senior management and board‑level committees.
• Work closely with external partners through JPOG (Product Oversight & Governance) meetings, presenting performance, challenging where appropriate, and agreeing improvement actions.
• Support the development and ongoing enhancement of products, ensuring consistency, clarity and alignment with regulatory expectations.
• Liaise with intermediaries and partners on a regular basis, maintaining strong working relationships while providing appropriate challenge and oversight.
• Ensure all product documentation and processes remain accurate, consistent and compliant, identifying and addressing any gaps or inconsistencies.
• Help scope, design and implement product changes, contributing to product development discussions.
• Assist with user

What you’ll bring

• Strong analytical skills and a rational approach to solving problems with data.
• Excellent attention to detail and a high standard of accuracy.
• Clear written and verbal communication, with confidence working across teams and with external partners.
• Ability to plan, prioritise and work using your own initiative.
• Relevant experience in the insurance industry (ideally within underwriting or product).
• Experience supporting product governance or documentation (e.g., product wordings, IPIDs, target market and value assessments).
• Exposure to performance reporting and presenting insights to brokers and stakeholders.

What we offer

• Hybrid working (office‑based in Cheadle Hulme with flexibility to work from home).
• Training budget to support your learning and development.
• Employee Assistance Programme (EAP) and wellbeing support.
• 20 days holiday plus bank holidays (increase with service, 1 day a year to a maximum of 25 days) and a day for your birthday.
• Pension contribution.

Working pattern

Full‑time: Monday–Friday.

This is a hybrid role with regular time in our Cheadle Hulme office, plus occasional out‑of‑office visits to meet intermediaries and external partners.