Principal Commercial Lines Risk Pricing Analyst

Principal Commercial Lines Risk Pricing Analyst

• Join a people-focused, mutual organisation committed to fair and accurate pricing


• Work on complex pricing analysis end to end, contribute to key pricing decisions across the business and support best practice by sharing your technical expertise with others


• Work from home 80% of the time, with the remaining 20% spent at our Stratford-upon-Avon offices

About the role

Working in Pricing at NFU Mutual feels genuinely different. With a clear focus on customers rather than shareholders, the team’s work has real impact — supporting local communities, protecting livelihoods, and helping our UK‑wide Agency Network deliver exceptional service. Our Pricing team has long been central to how we support our customers, and its role is becoming even more crucial. The team is now at the heart of one of NFU Mutual’s most significant transformation programmes, shaping how pricing will operate in the future to ensure fair, insight‑driven outcomes.

To deliver this transformation, the team is expanding and creating exciting opportunities to join at a pivotal moment. This is a rare chance to influence a high‑profile, business‑wide initiative where your work will be visible, valued and acted on. By working closely with colleagues across the business, you’ll play an important role in shaping NFU Mutual’s future. Beyond the transformation, you’ll join a Pricing team committed to continuous improvement, offering ongoing opportunities to grow, add value and make a real difference. If you want to drive meaningful transformation while developing your own career, now is the ideal time to join us.

As a Principal Pricing Analyst, you will be a technical lead within the Head Office Pricing Analytics Function, using deep expertise across pricing disciplines to design, build and implement pricing models, develop robust rating logic and deliver high‑quality analysis that informs business decisions. You will be aligned to our Commercial Lines Risk Pricing team, working on product pricing for Commercial lines products, such as Property, Liability and Fleets, ranging from SME to large corporate.

You will take ownership of complex analytical work, ensuring models, processes and data meet required standards, while contributing to the development of pricing that is profitable, fit for purpose and aligned to regulatory expectations.

Working closely with colleagues across Pricing, Underwriting and the wider Group, you’ll influence the development of pricing solutions, drive technical improvements and support the delivery of departmental projects.

A key part of your role will be acting as a technical role model - coaching, mentoring and supporting junior analysts to build capability - whilst communicating insights clearly to stakeholders and championing continuous improvement across processes, tools and analytical approaches.

This role offers the opportunity to take ownership of meaningful projects, contribute to the future direction of Commercial Lines Pricing and play an important part in one of NFU Mutual's most significant business transformation programmes.

About you

You'll bring prior Pricing experience with a strong understanding of General Insurance, with Commercial Lines knowledge particularly valuable. You may already be using tools such as Radar, Emblem and SQL in your current role and will be confident applying technical pricing expertise to deliver insight and support business performance. Experience managing or owning an account, underwriting knowledge and a degree-level education would all be advantageous, but we're equally interested in your ability to apply your expertise to real business challenges.

Alongside your technical capabilities, you'll be an effective communicator who can translate complex information for a range of audiences and build strong relationships across the business. You'll combine analytical thinking with curiosity, resilience and a proactive approach, taking ownership of your work and identifying opportunities for improvement. We're also looking for someone who enjoys sharing knowledge and supporting others through coaching and mentoring, helping to develop capability across the wider team while delivering excellent outcomes for colleagues and customers

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.

Benefits and Rewards

• Salary - Up to £55,000


• Annual bonus (up to 17.5% of salary)


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


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


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


• 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


• Access to voluntary benefits, including health assessments, private medical insurance and dental insurance


• 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.


• Salary sacrifice employee car scheme - subject to eligibility

Working at NFU Mutual

We’re one of the UK’s leading general insurance and financial services organisations, and for over 110 years we’ve put our customers at the heart of everything we do. Our people are just as important to us, so we’re proud to be recognised as “a great place to work”.

Our Gallup Exceptional Workplace 2026 award was not only awarded with Distinction, but it also marked us as the first UK based company to earn a Gallup Exceptional Workplace award for eleven consecutive years. We’ve also been consistently recognised by Glassdoor. We appeared in the Glassdoor Best Places to Work UK list in 2023, 2024 and 2026 — and in 2026, we were the highest ranked insurance business in the UK, highlighting our strong employee experience and the positive feedback our people share on the platform.

Additionally, we were named in the LinkedIn Top Companies 2026 list of “Best midsize employers to grow your career in the UK”, and we’ve been certified as a UK Top Employer by the Top Employers Institute in 2023, 2024, 2025 and 2026.
We offer a supportive and empowering culture where people are inspired to perform, given opportunities to grow, and recognised and rewarded for 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’re successful now and in the future.