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Working at NHBC

Company employees
1400

Hiring in

United Kingdom

Office locations

Join NHBC as a Portfolio Lead based in Milton Keynes or London. This is a full-time, permanent role offering a hybrid working arrangement with 2 days in the office, a salary of £80,000 to £85,000 plus a 15% performance bonus. You will manage underwriting exposure, monitor risk levels, and drive data-informed risk strategies.

Job description

Overview

Job Role: Portfolio Lead

Salary: £80,000 - £85,000 + 15% performance bonus

Working Location: Milton Keynes/London, Hybrid working, 2 days in office

Employment Type: Full Time, Permanent

Closing Date: 26th November 2026

Job summary:

We’re looking for a Portfolio Lead to play a key role in strengthening how we understand and manage our overall underwriting exposure. You’ll build and maintain a clear picture of portfolio risk, identifying concentrations and emerging trends before they become bigger issues. Working closely with teams across Claims, Pricing, Credit Risk, Data and Finance, you’ll turn complex data into meaningful insights that support informed decisions, effective risk management and our wider business strategy.

What you’ll be doing:

Building and maintaining an aggregate view of underwriting exposure across builders, groups, geographies, products and customer segments.
Monitoring portfolio performance, concentration levels and exposure against agreed risk appetite and limits.
Identifying and escalating potential risks, limit breaches and emerging trends.
Developing exposure dashboards and producing insightful reports for senior stakeholders and portfolio steering groups.
Supporting stress testing, scenario analysis and capital reporting.
Recommending changes to exposure limits and helping shape portfolio management decisions.
Working collaboratively with colleagues across Claims, Pricing, Credit Risk, Data, Reinsurance and Finance.

What we’re looking for:

Experience in portfolio management, exposure management or underwriting analytics, including building aggregate exposure reports and monitoring risk limits.
Strong analytical and data skills, with excellent attention to detail and data quality.
A good understanding of exposure, accumulation, concentration risk and risk appetite frameworks.
The ability to interpret complex information and communicate insights clearly to a range of stakeholders.
A relevant degree or equivalent qualification in a quantitative discipline.
Experience in long-tail insurance, structural warranty, stress testing or dashboard visualisation tools would be advantageous.
An insurance, actuarial or risk-related qualification, alongside an understanding of capital and solvency, would also be beneficial.

NHBC

Portfolio Lead

London, Milton Keynes

Hybrid

£80,000 - £85,000 + 15% performance bonus

Our benefits package includes:

27 days annual leave + bank holidays
holiday purchase scheme
enhanced pension scheme (up to 10.5%)
life assurance
subsidised private medical insurance
employee discounts platform
two days volunteer leave
enhanced maternity, paternity, adoption leave and pay for all new parents

At NHBC, we pride ourselves on being truly unique. No other organisation in our sector matches the range of services and scale we provide. As the market leader, we are recognised as the go-to for new home warranties and insurance. Our team is united by a core purpose: to raise the standards of house building and protect homeowners.

Why you should join us

As a modern, family-friendly employer, we’re in a phase of rapid growth, embracing technology, data and new ways of working. We’re seeking passionate, skilled and driven individuals to join us on this exciting journey.

Once onboard, you’ll have access to fantastic opportunities for personal and career growth. You’ll receive thorough training, continuous development and the chance to earn recognised qualifications and professional memberships to support your journey.

We support flexible working and encourage our colleagues to find a balance that suits them. While we may not be able to accommodate every request, we’re always happy to have a conversation about flexible working arrangements.

Our inclusive culture

We are dedicated to fostering an inclusive culture where everyone feels empowered to bring their authentic selves to work. We firmly believe in the right of all our employees and customers to be treated fairly, with dignity and respect, and free from discrimination. Our active employee networks support colleagues and their allies, providing safe spaces for open conversations and idea-sharing.

We are a Disability Confident organisation committed to fair and inclusive recruitment. Our first step is to review applications to ensure candidates meet the essential criteria for the role. We assess skills, experience, and potential objectively, and provide support or reasonable adjustments where needed. Candidates who meet the criteria will progress to the next stage.