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NFU Mutual • Stratford-upon-Avon

Underwriting Manager - Large Corporate Insurance

Employment type:  Full time
Salary:  £120,000 per annum
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Job Description

Underwriting Manager - Large Corporate Insurance


  • Lead the underwriting strategy and management of operational delivery for large corporate insurance, shaping technical standards and long-term performance.

  • Influence senior stakeholders across NFU Mutual and the corporate market to support strong customer and commercial outcomes.

  • Hybrid 60% homeworking and 40% from Stratford upon Avon, with UK travel.

About the role

Following the planned retirement of the current role holder, who has successfully grown the corporate portfolio to c£200 m GWP of profitable business across Property, Liability and Motor, this is a rare opportunity to build on a strong foundation whilst shaping the future of NFU Mutual's Large Corporate Insurance proposition. As NFU Mutual looks to accelerate its commercial market growth through a clear 10-year plan, you’ll play a central role in shaping defining and delivering the underwriting strategy, portfolio performance and leadership capability needed to deliver this ambition. You’ll lead the continued evolution of a portfolio that is critical to NFU Mutual's long-term success, building on the progress already made while helping to shape the next phase of growth, performance and market presence.

Reporting to the Head of Underwriting this is a significant senior leadership opportunity to shape the future direction of NFU Mutual’s large corporate insurance portfolio. Leading a strategically important area of underwriting, you’ll take ownership of the underwriting strategy, technical standards and performance of a complex portfolio including Property, Liability and Motor Fleet risks for corporate customers with premiums over £100,000.

You’ll also have responsibility for a direct team of three managers, supporting the wider Large Corporate underwriting team of over 45 colleagues to deliver with clarity, accountability and impact, where the scale and complexity of risk demands high-quality judgement, detailed fact-finding and individual assessment. You’ll set clear expectations, develop leadership capability across the team, and create the conditions for strong contribution, continued development and high performance.

Operating in a highly judgement-led area of underwriting, where decisions are not simply automated or process-driven, you’ll set clear underwriting priorities, oversee forecasting and account performance, and use market, portfolio and trading insight to recommend changes to group policy, pricing controls, risk appetite and underwriting strategy.

Working closely with senior leaders and cross-functional partners, you’ll represent the underwriting position across NFU Mutual and in the corporate market.
The role offers genuine ownership and accountability for the portfolio of business and across the end-to-end client journey. You’ll help build long-term relationships with our distribution partners and clients, supporting strong trading outcomes, customer satisfaction and a high-performance underwriting culture across a varied portfolio of industries and risk types.

About you

You are a credible and influential underwriting leader with the strategic mindset, commercial judgement and market presence to operate at senior level within a complex corporate insurance environment. You're confident translating business strategy and risk appetite into clear priorities and practical plans, while building strong relationships with senior stakeholders, brokers and clients.

As an engaging people leader, you'll be able to influence with confidence, lead through change and create an environment where collaboration, accountability and high performance thrive. You lead through change with clarity and confidence, bringing a proven track record of delivering underwriting and financial performance, driving operational improvement and leading organisational change

To join NFU Mutual, you'll also bring:


  • Substantial General Insurance underwriting and pricing experience from within commercial or corporate insurance trading environments.

  • Proven experience leading underwriting teams focused on large corporate customers, with a strong understanding of trading and client relationship management.

  • Strong technical underwriting expertise, with the ability to apply detailed fact-finding, individual risk assessment and sound underwriting judgement to complex corporate risks.

  • Experience developing underwriting plans, forecasting portfolio performance and recommending changes to strategy, policy or pricing to support financial, customer and commercial outcomes.

  • Strong knowledge of corporate market developments, industry issues, client needs, broker relationships, suppliers, professional bodies and regulatory frameworks.

  • The technical credibility to operate at a senior underwriting management level and represent the underwriting function confidently both internally and externally.

  • Experience of handling Property, Liability and Motor Fleet risks is not essential for this role but would be beneficial.

Qualifications
Desirable a professional qualification in a relevant technical discipline, such as Chartered Insurance Institute ACII or equivalent.

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 c.£120,000

  • Annual bonus (up to 33% of salary)

  • Company car or car allowance (£7,500)

  • 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 for you and your 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.

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.

Apply

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Working at NFU Mutual

Hybrid - up to an average maximum of 80% working from home, to be agreed with Manager

Company benefits

Pro-rata Minimum 25 days annual leave + bank holidays
Accrued annual leave – save up to 1 week of your holiday entitlement for future use
Additional voluntary pension contribution – including adding annual bonus contribution to pension before tax
Adoption leave – up to 52 weeks adoption leave
Annual bonus
Bike parking – at some sites
Buy or sell annual leave – Holiday Trading - buy or sell up to 5 days
Car allowance – subject to eligibility
Charity donation scheme – Pennies from Heaven
Cinema discounts
Coaching
Collaboration spaces
Company car – subject to eligibility
Compassionate leave
Cycle to work scheme
Dental coverage – Dental Insurance (voluntary benefit) & health cash plan
Eldercare services
Electric Car Salary Sacrifice – hybrid / electric. Subject to eligibility
Employee assistance programme
Employee discounts – shopping and insurance
Employee recognition scheme
Enhanced maternity leave – 20 weeks at full pay (after two years' service)
Enhanced paternity leave – 8 weeks paternity leave
Enhanced pension match/contribution – employer contribution up to 12%
Enhanced sick pay – max 26 weeks in any 12 month period according to length of service
Ergonomic workstations
Eye Care Support
Family health insurance – voluntary benefit
Financial advice – discounted financial advice
Gym membership – £20 gym subsidy (subject to eligibility)
Health assessment – voluntary benefit
Health cash plan
Health insurance – subject to eligibility
In house training
Income protection
Learning platform
Life assurance
Loyalty programme – `long service awards
Lunch and learns
Mental health first aiders
Mentoring
On-site barista – at some sites
On-site catering – at some sites
On-site shower – at some sites
Open to part-time employees
Private GP service – virtual GP
Referral bonus
Restaurant discounts – Restaurant Discount Card
Sabbaticals
Salary advance
Salary sacrifice
Secure on-site parking – depending on location. Also EV charge points at some sites
Shared parental leave – up to 37 weeks shared parental pay
Sports teams
Study support
Teambuilding days
Travel loan – Season Ticket Loan
Volunteer days – 1 day per year
Will writing – and Power of Attorney
Menopause support – as part of Medicash benefit
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Flexa

NFU Mutual

Underwriting Innovation Lead

Up to £67,000 per annum

Stratford-Upon-Avon, UK

Company employees:

c4600

Gender diversity (m:f):

49:51

Hiring in countries

United Kingdom

Office Locations