Strategic Commercial Underwriter

Job Description

Strategic Commercial Underwriter

• Play a pivotal role helping NFU Mutual shape their underwriting strategy across diverse commercial segments - 3 roles are available which can be offered on either a permanent or 12 month fixed-term-contract basis.


• Undertake a high-impact role combining portfolio insight, stakeholder influence and technical expertise within commercial underwriting


• Hybrid working on offer – spend up to 80% of your time working from home, with 20% office attendance at any of our UK sites - Stratford-upon-Avon, Bristol, York, Glasgow or Belfast

About the role

This is a key underwriting role within our Commercial Segment team, focused on shaping and delivering underwriting strategy across defined commercial segments rather than individual insurance classes. Reporting to the Underwriting Segment Manager, you’ll play an influential role in ensuring sustainable, profitable growth through strong portfolio management, insight led decision making and expert underwriting judgement.

Working as part of a specialist team that manages commercial segments such as leisure and services, retail and wholesale, property owners, construction and motor-related sectors, you’ll take a holistic view of account performance. You’ll also get the chance to manage customer segments like SME (small to medium enterprises), Mid-Market and Large Corporate.

The team provides a stronger underwriting voice across the business, driving proactive ownership of segment outcomes and influencing future risk mix and strategy.

In this role, you’ll analyse performance against the mid-term plan, carry out deep dives into data and metrics, and build clear account stories that inform corrective actions and strategic direction. You’ll collaborate closely with colleagues across Underwriting, Pricing, Sales, Claims, and Product, as well as our regional teams, acting as a technical point of referral and contributing to wider strategic projects such as commercial growth and product development.

Internally this role is known as: Class Underwriter – Segment

About you

With experience in commercial underwriting, you bring strong analytical capability alongside sound underwriting judgement and excellent project management skills. You’re comfortable working with data to understand performance trends, explain outcomes and influence decisions, and you enjoy collaborating with a wide range of stakeholders to deliver shared objectives.

To thrive in this role, you’ll bring:

• Experience of commercial underwriting, with the ability to apply technical knowledge across different market segments


• Strong data handling, analysis and reporting skills to support portfolio and performance management


• The confidence to influence and collaborate with stakeholders across underwriting, pricing, sales and wider business areas


• Well developed problem solving, decision making and critical thinking skills


• A collaborative mindset, with the ability to communicate clearly and effectively


• Experience of portfolio or account management would be beneficial but is not essential.


• Prior knowledge of customer segments like SME (small to medium enterprises), Mid Market and Large Corporate would also be highly desirable

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

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

• Salary of up to £60,000


• 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 2025 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 ten 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 15 Companies 2025 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.