Product Governance Analyst

Role Description

Allianz has a fantastic opportunity to join our family of talented people in the 1st line Regulatory Standards team as a Product Governance Analyst.

Providing value to our customers through the products and services we provide is crucial, not just to meet our regulatory responsibilities, but more importantly to ensure that we meet the reasonable expectations of fair value and good outcomes of our customers.

In order to assist us in achieving this, an opportunity has arisen for a Product Governance Analyst. Working directly with the Product Goernance Manager, this role provides additional support in ensuring that customer value is maintained throughout the lifecycle of all of Allianz Commercial’s products, as detailed with our Product Oversight & Governance Standard (POG).

Salary Information

Circa £50k

Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.

Location: The position is located in our Guildford Office and follows a hybrid working arrangement where you are required to be in office 40% of your time

About You

Ensuring our provides provide fair value to our customers:

• Monitor and update as required Allianz Commercials framework of product oversight & governance controls to ensure regulatory compliance and good customer outcomes.
• Interpret regulatory and legal developments to ensure Allianz Commercial continues to meet its regulatory responsibilities in relation to product and customer value.
• Ensure that the product oversight and governance principles that Allianz Commercial must comply with are adhered to.
• Conduct an annual review of the POG manual to ensure it remains compliant with all regulatory and legislative requirements.
• Co-ordinate and oversee the product review process across Allianz Commercial ensuring a risk prioritised approach in line with internal and external requirements.
• Provide commentary on product analysis following the annual lifecycle reviews to ensure our product suite provides customer value, meets customer needs and removes exposure to any identified customer harm.
• Oversee any corrective actions relating to Commercial products through to resolution.
• Ensure appropriate and timely escalation to 2nd line functions where appropriate.
• Co-ordinate any internal or external reviews and audits in relation to Product Value.
• Support the product walkthrough process to ensure products are communicated appropriately to our customers

Work across Allianz Commercial to support the ongoing development of a customer value culture.

Essential Skills

• You will have experience in a compliance or regulatory role within a regulated Financial Services company with Commercial Insurance knowledge desirable.
• Compliance or Insurance qualifications are preferred as well as a good knowledge of FCA rules and guidance.
• You will have excellent written and verbal communication skills with the ability to explain complex or technical information in a simple way and when required the ability to Influence and negotiate.
• You will demonstrate a proactive approach and the ability to build strong relationships with internal stakeholders at all levels and external customers.
• You will have the ability to interrogate data, identify trends and articulate your findings in an engaging and easily understandable way.

We support the government scheme “Access to Work” please feel free to ask us about the access to work scheme.

Desirable Skills

What We Will Offer You

Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from- so you can pick a package that’s perfect for you. We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That’s on top of enjoying all the benefits you’d expect from the world’s number one insurance brand, including:

• Flexible buy/sell holiday options
• Hybrid working
• Annual performance related bonus
• Contributory pension scheme
• Development days
• A discount up to 50% on a range of insurance products including car, home and pet
• Retail discounts
• Volunteering days

Our Ways of Working

Do you need flexibility with the hours you work? Let us know as part of your application and if it’s right for our customers, our business and for you, then we’ll do everything we can to make it happen. Here at Allianz, we are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns, which balance the needs of our customers, with your personal circumstances and our business requirements. Our aim with this is to help innovation, creativity, and you to thrive - Your work life balance is important to us.

Integrity, Fairness, Inclusion & Trust  

At Allianz, we believe in fostering an inclusive workforce and are proud to be an equal opportunity employer. Our commitment to equal opportunities, gender equity, and balanced gender representation, is demonstrated by our numerous accreditations: EDGE certified for gender inclusion, Women in Finance Charter members, Disability Confident employer, Stonewall Diversity Champion, Business in the Community’s Race at Work Charter signatories, and Armed Forces Covenant gold standard employer. 

We embrace neurodiversity and welcome applications from neurodivergent and disabled candidates, offering tailored adjustments to ensure your success.

We encourage our employees to advocate for their needs, whether it’s assistive technology, ergonomic equipment, mentoring, coaching, or flexible work arrangements

Accessible Application for All

As part of the Disability Confident Scheme, we support candidates with disabilities or long-term health conditions through the Offer an Interview Scheme, for those meeting the essential skills for the role.

Contact our Resourcing team to opt into this scheme or for assistance with your application, including larger text, hard copies, or spoken applications. Hr-recruitment@allianz.co.uk

For any inquiries or to submit your application, please contact: Cathryn Thomas

If you are an at-risk candidate facing potential redeployment, please include this information in your CV.

Closing date 7th January 2026

We reserve the right to close the advert early if we reach enough applications.

Join us - Let’s Care for Tomorrow.

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