Portfolio Manager

NFU Mutual; Stratford-upon-Avon; Hybrid; GBP 81,000 - 99,000; Full time

Benefits offered by this job

Annual bonus up to 25%

Pension scheme up to 20%

Private medical insurance

Gym membership (£20 contribution)

Lifestyle and wellbeing programs

Job summary

NFU Mutual is seeking an experienced Portfolio Manager to lead a sub-portfolio of strategic change initiatives. You will oversee planning, delivery, and governance while partnering with senior stakeholders to drive business outcomes.

You will supervise Project Management professionals, align delivery with business priorities, and foster a collaborative, high-performance culture across Group Change. This is a hybrid role based in Stratford-upon-Avon with potential for flexible working.

Qualifications

• Experience leading portfolio or programme management across complex change initiatives.
• Strong ability to plan, monitor and control delivery.
• Proven track record influencing senior stakeholders.

Responsibilities

• Provide strategic oversight across a sub-portfolio to ensure on-time, on-cost, on-quality delivery.
• Lead impact assessments and recommendations to maintain portfolio attractiveness and achievability.
• Manage sub-portfolio finances and resources; reallocate budgets to optimise delivery.
• Foster a collaborative, one-team approach with stakeholders and risk management.
• Ensure robust governance and reporting aligned with Change Framework and Risk Policy.
• Champion knowledge sharing and continuous improvement through Communities of Practice.
• Coach project teams and drive talent development within Group Change.
• Inspire and lead the team with focus on succession planning.

Skills

Portfolio leadership

Strategic change

Stakeholder engagement

Delivery governance

Job description

• Lead strategic delivery across a portfolio of high-impact projects, shaping enterprise-wide transformation.
• Collaborate with senior stakeholders and empower project teams to achieve meaningful business outcomes.
• Hybrid working model with flexibility to work from home and our Stratford-upon-Avon office,12 Month FTC.

At NFU Mutual, Change is where strategy becomes reality. Our mission in Change is to deliver business outcomes for NFU Mutual and our members. More than just delivering projects, we make a real difference. Guided by values that put the portfolio first and champion collaboration, we work as one team with direct access to senior leaders and the trust of the executive. With spend on our multi-million-pound portfolio higher than it’s ever been, we can confidently deliver outcomes for our award-winning business. From large-scale transformation to fast-paced initiatives, we bring the end-to-end expertise, from building the strategic change roadmap through to supporting the business until change is fully embedded.

Being a great place to work is at the heart of our company strategy. We invest in our people, supporting them to build their skills and develop their careers. If you want to shape meaningful transformation while growing your own future, now is the time to join us.

About the role:

As a Portfolio Manager at NFU Mutual, you’ll play a pivotal role in delivering strategic change across the organisation. Leading a team of Project Management professionals, you’ll oversee the planning and execution of a sub‑portfolio of projects, ensuring alignment with business priorities and the wider Enterprise Change Portfolio. This is a high-impact leadership role that blends strategic oversight with hands‑on delivery, enabling you to shape outcomes that matter.

In this role, you’ll:

• Provide strategic oversight and guidance across a sub‑portfolio of projects, ensuring successful delivery to time, cost, and quality.
• Lead impact assessments and produce recommendations to maintain portfolio attractiveness, affordability, and achievability.
• Manage sub‑portfolio finances and resources, balancing priorities and reallocating budgets to optimise delivery.
• Foster a ‘one‑team’ approach, working closely with stakeholders to manage risks, issues, and dependencies.
• Ensure governance and reporting are robust and aligned with NFU Mutual’s Change Framework and Risk Policy.
• Champion knowledge sharing and continuous improvement through Communities of Practice.
• Act as an escalation point and coach for project teams, supporting their development and fostering a culture of empowerment.
• Lead and inspire your team, driving talent management, succession planning, and career development within Group Change.

About you:

You’re an experienced portfolio leader with a track record of leading strategic business and technology change. You bring a strategic mindset, strong leadership capabilities, and the ability to influence at all levels. Your skills will include:

• Change delivery and enterprise portfolio management expertise.
• Proficient in planning, monitoring, and control techniques.
• Skilled in applying various delivery methodologies.
• Experienced in change deployment and sequencing projects for impact.
• Strong financial acumen with experience in resource and budget allocation.
• Inspirational team leadership and coaching.
• Effective stakeholder influence, including executive-level engagement and reporting.
• Relationship building across internal and external partners.
• Strategic thinking and decision-making.
• Commitment to collaboration and continuous improvement.

Qualifications

Relevant portfolio, programme or project management qualifications would be advantageous, although equivalent experience is also valued.

• Management of Portfolios Practitioner – Essential (or willingness to work towards)
• Managing Successful Programmes / APM PPQ or equivalent – Desirable
• Management of Value Practitioner – 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 – up to £90,000 dependent upon experience
• Annual bonus (up to 25% of salary)
• 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 + options to add 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.
• 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.