Portfolio Specialist

The National Farmers Union Mutual Insurance Society Limited, Stratford-upon-Avon, Warwickshire

Portfolio Specialist

£55000

The National Farmers Union Mutual Insurance Society Limited, Stratford-upon-Avon, Warwickshire

  • Full time
  • Permanent
  • Onsite working

Posted today, 24 Oct | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: 43f18f210e8c4e449754a5adb800b7b7

Full Job Description

Due to significant expansion within the team, we are looking for a Portfolio Specialist within our Wholesale Broking and Outplacement Services department called National Intermediary Services (NIS). This role will specialise in the areas of Product Development and Schemes/Affinities arrangements. As a team, our goal is simple - NIS help our 300 office Agency Network to win and retain more customers by broking into the wider insurance market to support a specific need in their insurance programme. There are plenty of growth opportunities and more chances for progression within this team as you will be joining during a period of progressive change, where the business is set to almost double in size in the next five years. You can grow with us and contribute to it, which is an exciting opportunity to be a part of. You will support the management of the supply chain relationship and assist in the addition of onboarding new suppliers to ensure we have a market leading supply chain panel that consistently deliver targets that supports the NIS team strategy. You will also advise and guide on the delivery of relevant products and services provided by the supply chain and engage in the sourcing of new products and services where appropriate. Other key duties of this role include:

  • Providing reports on the conversion, retention and pricing performance of products in line with governance as well as researching competitor activity and recommending any product changes needed to fall in line with market trends.
  • Manage and report on claims performance and advise on process improvements to ensure high quality claims service from the supply chain
  • Engage and maintain effective, influential relationships with head office partners in Underwriting, Compliance, Proposition, Procurement, Marketing, L&OD and other key NFU Mutual stakeholders. This will also include supporting NIS colleagues and Agents in subject matter expertise.
  • Facilitate regular reviews of product documentation to ensure relevance, accuracy and compliance

    You'll have trading experience either within an insurer or large broker in a market facing trading role as well as strong knowledge of the general commercial insurance market with technical expertise in commercial lines and Schemes being an advantage., A high level of negotiation and influencing skills.
  • Management and leadership of an underwriting or broking team, driving performance through others.
  • Proven track record of delivering results through others in a targeted insurance regulatory environment.
  • Experience of being directly accountable for the technical development of a general insurance product (including product coverage, policy wording and change management)., CII desirable

    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.

    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 up to £55k dependant upon experience
  • 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.
  • Working at NFU Mutual