Fix from the inside,its half the work.Grind a taper from the inside to the outside because you are headed for the same process the original builder used.Make sure all damaged material is removed and then you need to pull the torn edges back into alignment.For a surface with simple curvature in one plane,I find 1/4" plywood with a melamine facing applied to be a really useful material and would add it where possible by means of self tapping screws.For the region below the swelling into the hull joint flange it might be simplest to use self adhesive sheet wax to create the most faithful representation of the original shape.
Double gel and build up the laminate in stages.Allow the first couple of plies of CSM to cure before introducing biax to the mix as it will minimise the risk of print through and then just replicate the original laminate.The more faithfully you can replicate the original shape-the easier the finishing will be.If the double thickness gelcoat doesn't allow for a perfect surface you may have to apply more from the outside.On no account should you expect to get a good finish working from the outside,it won't happen and will take many hours of work to get anywhere close.