Senior Commercial Risk Pricing Manager

• A strategic and technical leadership role pivotal to NFU Mutual’s commercial growth strategy


• A role that offers variety across all commercial products as well as plenty of cross-functional collaboration


• Hybrid role with 80% homeworking and 20% in Stratford-upon-Avon

At NFU Mutual, our Pricing function is at the heart of our dedication to providing accurate and competitive insurance pricing. We highly value the trust and long-term relationships we have with our customers, and our commitment to fair pricing practices is fundamental to maintaining this trust. Guided by a strong ethical foundation, we ensure that all pricing decision are made with the utmost integrity.

Our Risk Pricing team is expanding, and we’re dividing the team into two distinct groups: one focused on personal lines and the other on commercial lines. Consequently, we’re now seeking a new Risk Pricing Manager to lead the commercial lines team, encompassing a range of products, from package and farming to large corporate insurance.

As Risk Pricing Manager, you’ll play a crucial part in developing and implementing innovative Risk Pricing methods that directly influence the company’s competitive edge in the commercial insurance market. Your responsibilities will extend beyond technical leadership to encompass mentorship and strategic guidance, empowering your team to realise their full potential.

Within the role, you’ll work closely with a variety of stakeholders, including Street Pricing, Underwriting, Claims, Reserving, Finance, Capital Modelling, and Propositions. This collaborative approach ensure you can leverage diverse expertise and perspectives, fostering an inclusive and supportive workplace.

With a solid foundation in judgement, you’ll bring the ability to navigate complex scenarios and make informed decisions that drive organisational objectives forward. Coupled with your people management and leadership skills, you’ll have effectively guided teams to success, fostering an inclusive culture of collaboration and innovation.

Additionally, you’ll possess:

• A strong technical background in General Insurance pricing, with experience in setting and maintaining the technical price for commercial insurance products.


• Experience of working collaboratively with a range of stakeholders at all levels, building strong partnerships and ensuring alignment


• Excellent presentation and communication skills, with the ability to convey complex information to a diverse range of audiences, adapting approach to resonate effectively and drive meaningful engagement.


• Strong influencing skills with the ability and confidence to challenge conventional thinking and persuasively articulate arguments.

At NFU Mutual, we support an inclusive workplace and value all the differences that make us unique.  We celebrate the creativity and innovation that comes from diverse perspectives and experiences and share a common vision of doing the right thing for our customers and employees.   

We recognise that some candidates may experience barriers during  the recruitment process. So, we encourage candidates to discuss any adjustments or accommodations they need to be the best they can be throughout our recruitment process.

We're proud to be a Disability Confident Employer, a Race at Work and Women in Finance Charter signatory and welcome applications from people of all backgrounds, regardless of age, ethnicity, disability, neurodiversity, gender, religion, marital status, sexual orientation, or socioeconomic background.

When you join our team, you can expect a supportive culture and an attractive range of rewards and benefits including:   

• Salary - Up to £100,000


• Annual bonus (up to 25% of salary) 


• Contributory pension scheme, up to 20%, including your 8% contribution


• 28 days annual leave + bank holidays + buy/sell/save holiday trading scheme


• A Family Friendly policy that helps you balance your work and family responsibilities


• Private medical insurance + options to add family members


• Access to savings at High Street brands, travel and supermarkets


• £20 contribution to a monthly gym membership – subject to T&Cs


• Health and wellbeing plan - cashback for dentist, opticians, physio and more


• Employee Volunteering - volunteer in the community for one day each year


• Unlimited access to Refer a Friend £500 bonus scheme


• Life Assurance cover of 4 x salary


• Employee discounts of 15% on a range of NFU Mutual insurance policies. 

We’re one of the UK’s leading general insurance and financial services companies. For over 110 years we’ve put our customers at the heart of everything we do. Our people are just as important to us. We pride ourselves on being “a great place to work” and we're  one of only 60 companies across the globe to receive a Gallup Exceptional Workplace 2024 award, and one of only 2 companies to receive the award for the ninth consecutive year. We were also named in the LinkedIn Top 25 Companies List 2021, the Glassdoor Best Places to Work UK List 2023 and 2024, and were recognised as a certified UK Top Employer by the Top Employers Institute in 2023 and 2024.

We offer a supportive culture where we empower and inspire our people to perform, offer them opportunities to grow, and recognise and reward their contribution. Our people are proud to work for a company that respects them and their communities, and they trust us to be financially sustainable, so we are successful now and in the future.